How to manage losses?

[luca prieto]

how do you manage stress if you loss biggest amount because the value of your token is hitting down or NFT project is not ok?
 in your opinion how diversify your investment in other alts to cope up your losses?

[hichamito37]

how do you manage stress if you loss biggest amount because the value of your token is hitting down or NFT project is not ok?
 in your opinion how diversify your investment in other alts to cope up your losses?

I always diversify my investments and never invest in a single project with large amounts of money , I advise you when entering a volatile market you should learn to diversify your investments . Your investment and should not invest in one project too much or all assets in investment will be very risky and you will lose or be affected by every emotion in a project where you use all your resources . Your assets to invest , Learn how to be a wise investor who knows how to divide many amounts to invest , Then you can control your emotions as well as manage losses from dead projects.

[blockman]

how do you manage stress if you loss biggest amount because the value of your token is hitting down or NFT project is not ok?

Cut loss if you can't bear the losses anymore and just wait again until it dips for more so that you can buy it cheaper. But if you can still bear the stress with your continuous losses, buy more of that token and at the same holding your current holdings.

in your opinion how diversify your investment in other alts to cope up your losses?

It is important that you hold bitcoin. It is the best cryptocurrency that you can ever have in your portfolio. You can diversify as much as you can through altcoins but never forget to own a big or half or 1/4 of your total portfolio in bitcoin. Because it will make you still recover despite your huge losses through altcoins. It has been tested by me and other holders to cope up with those losses that you're making through your alts.

[Blitzboy]

You should have a plan in order not to be distracted by market movements, for example, when to buy something and when to sell something in particular. Most of the time, when we see our asset suddenly decrease with a conspicuous speed, we tend to become frighten and accidentally make a dump decision such as selling all of your assets to fiat. And absolutely you will be in the depth of regret when you see your coins (or your nft or any digital asset) do up significantly

Therefore, having a plan is very important. It will help you to get rid of excessive emotion, thus, prevent you from making false decision

[Cvetik56]

I'm investing only in well-known coins like BTC and ETH. So i don't feel really stressed even if it crushes. As the time goes price goes up again. And i'm planning to buy and hodl my coins for at least 5-6 years. I'm pretty sure it will be 5-6x times higher than now or even more.

[michellee]

Maybe leaving the market is the best thing to manage stress because of losing the biggest amount. I already have that experience and yes, it will need more patient to handle the emotion. If you want to invest in crypto, you can diversify your money in many potential altcoins so you can make a profit from various altcoins. The percentage of diversifying will be different because that will depend on how much money you will use. Maybe 60% in bitcoin and 40% in altcoin will be good but for 40%, you need to diversify in some altcoins.

[glendall]

managing the losses caused by the token value dropping I personally consider it a savings for the future if it is a top altcoin, well if it's a shit coin I will take a deep breath and surrender to the market,  while trading other coins with the remaining money, and become future lessons if you want to invest in new coins

[haleema]

Do not put your eggs only in one pot. Distribute in different pots. I think you will be understand whats my meaning. Don't take stress you get more loss. don't be greedy.
Just relax and re manage your plan and strategy. If you take decision in stress you will get more loss.

[yazher]

how do you manage stress if you loss biggest amount because the value of your token is hitting down or NFT project is not ok?
 in your opinion how diversify your investment in other alts to cope up your losses?

In my case, I won in one of the NTF games that I invested and I had a chance to choose from 1-10 NFT games to diversify my asset. But the bad thing about my recent investment was the game I chose was not really good and the ROI is not fast as the first game I invested in. I ended up losing with this diversify method but you could end up winning if you avoid my mistakes. Don't rush on investing in other games and don't get hype from the YouTubers who only talk good things about the game because what only matters to them is their views, they don't like to speak the bad side of it so it's best for you to make your own research.

[TopTort777]

Experience is the only way to manage losses. With time you will learn that you lose money, buy get experience and next time dont rush in making decisions to buy or sell. The only thing you can do is to return more educated and be less impacted by stress.

[kurniawan05]

If you invest in a new project that is still developing, you should cut and lose, and buy back when prices are low. Or if on the exchange and can set at what lowest price you will sell the altcoin. For coins that are stable or large projects such as the 10 best coins on cmc, the possibility of the price rising again is greater as long as you are able to hold on to the coin.

[oemar bakrie]

if I myself try to rise from a loss when buying a token and after that the price decreases by waiting for a few days .but we must always monitor how it moves, for example for two days there is no upward movement I immediately change to another asset..

[boled]

As long as you are not all-in, I think you haven't lost if there's only a price drop, as long as you still have the asset. What I do is analyze in more detail about the coin, if there is still a possibility to reverse direction, hold it and wait for the price to return to the price when buying. Unless you play on margin or futures, you must dare to cut loss, and this is where asset diversification is important because profits from other coins can minimize losses on coins that experience price drops. I personally have never All-in crypto assets in one coin. I always split the capital to play in a lot of coins.

[asriloni]

how do you manage stress if you loss biggest amount because the value of your token is hitting down or NFT project is not ok?

I just forget it like I never have such asset, This sounds ridiculous but so many people were also doing this. I remember some stories about people lost a lot and they have thought that their assets were worth nothing but after years later and they come back again and see their asset growth a lot. I can also try to cutloss it and move it into a better asset.

in your opinion how diversify your investment in other alts to cope up your losses?

Try to search for the hidden gem. This is the only way for you to recover your loss if you have been cutting lose your investment. if you have not yet sold your asset and you're loosing your fund in fiat term but it's not in the token.

[Beparanf]

how do you manage stress if you loss biggest amount because the value of your token is hitting down or NFT project is not ok?
 in your opinion how diversify your investment in other alts to cope up your losses?

Cut-loss if the price you enter is on the 1st first red candle. Its will relieve stress rather than watching your token falling down especially when you both during reversal phase. Never look for another project to invest while you are still suffering for loss, just wait and get away to your cp or computer and focus on other things like hobbies. Remember that you can't think clearly while you are suffering loss. Just clear your head then think a better strategy to slowly gain your loss. I usually wait for the market reversal before I enter again.

Lastly, Invest only what you can afford to lose so that you can easily DCA when shit happened.

[yurez]

There is no need to invest a large amount of money in one coin, even if it is a coin from the top 50 and the project looks promising. In general, there is no need to panic ahead of time, perhaps this is just a rollback and the coin will continue to grow after some time. Although the market is now bullish, the coin cannot constantly grow upward, the growth always takes place in waves.

[Silberman]

how do you manage stress if you loss biggest amount because the value of your token is hitting down or NFT project is not ok?
 in your opinion how diversify your investment in other alts to cope up your losses?

This is a simple and a complex question at the same time, you are asking about how to deal with the fact that you have lost a huge amount of money in the markets, and the way to do this is very simple, do not lose a huge amount of money in the markets, and how can you possibly do something like that? And the answer is simple do not invest in projects that have not proven that they can produce profits over the long term and when you do invest a small amount of capital, that way if you happen to lose your loss will be small.

[nomenclatur]

how do you manage stress if you loss biggest amount because the value of your token is hitting down or NFT project is not ok?
 in your opinion how diversify your investment in other alts to cope up your losses?

experience a big loss and that is what can be one of the big profits or it will make a profit or loss as it will always continue to be able to withstand losses. The point is that it will be hope for investors to reduce financial risk problems, a lot happens if that is the way the NFT project often happens. decrease and increase in NFT make sure it becomes more reliable.

[Coyster]

how do you manage stress if you loss biggest amount because the value of your token is hitting down or NFT project is not ok?
 in your opinion how diversify your investment in other alts to cope up your losses?

You should expect losses when you invest in stuffs like this cause they more or less pump, and then dump, so you can make ROI when they pump and you can also lose funds when they dump, it is what it is, and most times the only way to manage the loss is by not investing in them and going for projects that are sustainable for the long period, just as Bitcoin is.

Having said that, as for diversifying with many alts, it's not a great idea imo, I take altcoins to be short term projects, thus it would obviously be much better to invest largely in Bitcoin and a fraction of your remaining funds in altcoins, not just any altcoin, but best if it's ethereum, cause they actually do have a developing ecosystem.

[crzy]

how do you manage stress if you loss biggest amount because the value of your token is hitting down or NFT project is not ok?
 in your opinion how diversify your investment in other alts to cope up your losses?

Diversification is really a big help to cover up those losses, and being stress on your trades is not good at all because you have to set up your cut loss level to avoid losing big money. If you didn’t sell to cut losses, then that’s a big problem to you and that could be the start of your stress. I don’t put too much emotions on my portfolio, I always play by the rules using my own strategy, you must have it as well.