How to manage losses?

[traderethereum]

How do you lose a big amount of money? Is the price of your coin decreasing? Or, do you just sell your coin at a cheaper price? If you are still holding your coin, just wait till the price increases again. There is no need to be panic because the decline in price is something normal. But if you already sold the coin at a cheaper price, there is no chance to deal with your losses. Just focus on your other coins to take profits and don't make the same mistake.

no,i haven't loss money.i just want to know another people how to manage losses in case of i make a loss in the future.
some coins is bad,we can't just wait it to recover,so diversified investment will be good for us.
and before you wait your coins to grow,please ananlysis your coins again,then you can decide whether keep to hold it or not.
good luck for you and me.

That is good if you have not lost your money in trading and that is not easy to prevent the loss.
As long as you can analyze the coins that have the potential to increase such as bitcoin or ethereum or bnb or other coins, you do not have to wait too long to recover the losses.
But in this matter, I think one of the ways that we can use to prevent the loss is by avoiding the greed become bigger because once it happens, you will be late to take profit and that can make you wait for some time before you see the price back increase again.
The analysis will be the important thing that we should do before we trade or investing.

[Ararbermas]

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?

take a break is the best option if you see that your investment isn't in a good condition, it's just a normal situation, indeed.
And there's no need to worry about it especially if you knew that the project is good and very optimistic.  Actually that's why some experts here always saying that we must investigate first before making investment such if the project is genuine and has a future wherein so that no matter what happen we still confident and sure that despite of the situation there's a good recovery in the future afterwards.

[yazher]

take a break is the best option if you see that your investment isn't in a good condition, it's just a normal situation, indeed.
And there's no need to worry about it especially if you knew that the project is good and very optimistic.  Actually that's why some experts here always saying that we must investigate first before making investment such if the project is genuine and has a future wherein so that no matter what happen we still confident and sure that despite of the situation there's a good recovery in the future afterwards.

Taking a break is the best thing you could do since it will less your thought on how to regain back your losses which is not healthy because you gonna force yourself to think that if you gonna invest some more, you will somehow recover it. With my experience, this is not how it goes because if you thinking the NFT games are all the same, then you are wrong. Some of them have some stable tokenomics but most of them will turn to scams after few weeks and most of them become unprofitable after a month just like the silly cryptoblade.

[luca prieto]

If a loss has occurred, there is not much that can be done, a loss is a natural thing to happen to an investor, we can only realize and believe that we are able to recover from the losses we have experienced, because from the losses we experience, we can learn from mistakes. what we do and it can be a lesson to see the opportunities of the next victory.

yeah,when we invest in somethings or coins,we need realize that there are loss or win whatever you invest.
when a loss has occurred,we can't do anything but to analyze why it happened and avoid it in the future.

[lumierre]

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?

Personally I am a long-term investor, so first of all I do careful research before investing. So I believe in my investments. Secondly, I don't check charts very often, so as not to be nervous about short fluctuations.
To minimise my losses I diversify, so I invest in mainstream currencies mostly, but also I have some coins for mid-term. There are tokens of NFT-projects that are really popular now.

[Cling18]

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 with your losses?

Well, acceptance is the key for me. A proper mindset would also help especially if you already know the risks of crypto investment. Feeling disappointed is normal but we should always look at the positive side of crypto investment. Yes, it has a lot of risks but losing hope because of our losses wouldn't help. Just stop for a while and look for better opportunities again.

[Evgenklm]

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 simply relate to this, and I understand that there are risks and I am more ready for this than myself, and I always buy this or that coin with capital, which I am ready to lose, once there was a bitter experience, I put the entire 100% deposit on one coin, as a result -80% .Now I don't put all my eggs in one basket.

[jakdanyel]

Before starting to make an investment into any cryptocurrencies, it is the best to get informed about the coin you think of investing into as much as possible. If you rush things, you can't know what to do when you see that you are losing a lot of money. You should always have a plan B before making an investment. We don't make profit all the time in the end.

I personally try to stay as calm as possible to think healthy. I observe the recent movements of the coin and make a decision after that. If I think that the fall can continue for more time, then I sell some amount of my investment and invest them into a coin/coins that I think that it has a potential to increase later. If there is not any according to my analysis, then I keep being patient and wait for more time to think about a new investment.

[batang_bitcoin]

I simply relate to this, and I understand that there are risks and I am more ready for this than myself, and I always buy this or that coin with capital, which I am ready to lose, once there was a bitter experience, I put the entire 100% deposit on one coin, as a result -80% .Now I don't put all my eggs in one basket.

There is a situation that it is good to put all of your eggs into one basket and that situation is all about investing in bitcoin only. This strategy has always been the best idea that has been so far survivable and will make you a good situation whenever the altcoins market has been dropping.
It's a way to manage your losses if most alts aren't good, as managing your losses, can be the strategy that others could try while they've got altcoins. Putting a larger amount into bitcoin will help them balance the risk.

[dunfida]

I simply relate to this, and I understand that there are risks and I am more ready for this than myself, and I always buy this or that coin with capital, which I am ready to lose, once there was a bitter experience, I put the entire 100% deposit on one coin, as a result -80% .Now I don't put all my eggs in one basket.

There is a situation that it is good to put all of your eggs into one basket and that situation is all about investing in bitcoin only. This strategy has always been the best idea that has been so far survivable and will make you a good situation whenever the altcoins market has been dropping.
It's a way to manage your losses if most alts aren't good, as managing your losses, can be the strategy that others could try while they've got altcoins. Putting a larger amount into bitcoin will help them balance the risk.

Bitcoin might always get the spotlight but doesnt mean that its risk free.Although as the king or father of all crypto then you would really be having that kind of impression.

Putting all of your eggs on one basket is good but something which is worth and its hard to determine and even majority do give out or recommend bitcoin then there are still

people whom do consider out on putting some investment on altcoins which are talking with those top ranking ones and not the shitty or garbage one.

[Kavelj22]

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?

First of all, about loss in general, it depends on the situation in each case. For instance, it would be wise to sell your savings when reaching just 10% or 20% loss in order to decrease the damage even if the price goes up right after you sell.
Second, about portofolio diversification, this is almost the safest way to manage loss. I would always recommend to split the investment budget between several crypto for better chances to profit, but also to manage unexpected loss.

[Kasabus]

Usually to manage stress what I do is not to think about it too much, I accept the loss. There are 2 ways that I do, firstly selling some of the tokens and secondly holding it for some time.

for diversification is not easy, but I will pick some of the top coins and invest a little into new projects based on my analysis.

If you don't know how to manage the stress everytime the market dumps easily, then you are prone into more losses.  I suggest have your own plan and set your own goal. Even if the market tends to move sideways, atleast you know exactly what you are going to do. Even selling your coins and buying another coins should always be in accordance with your plan so you won't come up regretting in the end because its not the right timing yet.

And its a good thing also that you should not think much of the stress. Enjoy what you can enjoy and make as much profits everytime you see opportunities in the market. It also a matter of right timing too.

[BuNga_cute]

Usually to manage stress what I do is not to think about it too much, I accept the loss. There are 2 ways that I do, firstly selling some of the tokens and secondly holding it for some time.

for diversification is not easy, but I will pick some of the top coins and invest a little into new projects based on my analysis.

If you don't know how to manage the stress everytime the market dumps easily, then you are prone into more losses.  I suggest have your own plan and set your own goal. Even if the market tends to move sideways, atleast you know exactly what you are going to do. Even selling your coins and buying another coins should always be in accordance with your plan so you won't come up regretting in the end because its not the right timing yet.

And its a good thing also that you should not think much of the stress. Enjoy what you can enjoy and make as much profits everytime you see opportunities in the market. It also a matter of right timing too.

I admit that sometimes I also get stressed seeing prices suddenly drop, but the stress we experience must be controlled. If it will not affect
the decisions that will be taken, and if stress is not managed properly, it is certain that we will experience losses. It is not easy to manage stress,
but if we try and have a strong will, stress should be well controlled. Start with good planning, it is very effective in making us avoid stress,
because we already have a plan of what we are going to do. Suppose the market suddenly goes down we can keep holding or cut-loss and buy again
at a lower price, depending on the plans we make. And always make alternative plans if the main plan doesn't go well, it will make us confident
with whatever the market happens.

[senyorito123]

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?

To cope up my loses I wanted to exit during danger of having dip of current holdings, which I thought to be dropping at cheap price. I couldn't sustain longer while waiting for my asset to increase again. Long term plans is only good for eth and btc that's why taking short term trading was only beneficial for altcoins within short period of time.

[Fatunad]

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?

To cope up my loses I wanted to exit during danger of having dip of current holdings, which I thought to be dropping at cheap price. I couldn't sustain longer while waiting for my asset to increase again. Long term plans is only good for eth and btc that's why taking short term trading was only beneficial for altcoins within short period of time.

There are really coins which are really good or does fit out with short term durations which simply means that you would really need to make out decisions basing on what you are seeing on market trend.
Managing losses is depending on someones skills because it is part of risk management which people should really learn up because if you dont know on how to handle well in terms of your finances
or capital then you would surely be having a problem towards on profiting. Try to make yourself sustainable and minimize losses as small as possible.

[harizen]

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 never lose a big amount since I'm doing precautionary actions if I anticipated that something not right will happen. For let's say I really losses big, then no choice but to accept it. I will take a break for at least a week then come back to action with peace of mind. Stress is really part of the game that's why I'd rather feel it instead of trying to avoid it. After all, we will soon recover and that bad experience is a foundation on our future decision.

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

That's a tough work as not all altcoins are having the same behaviour. And even you will follow some other portfolios, your approach will be different to them. Try to make a self-analysis about some recent performing coins. That will be your assignment.

[MSN02]

The only way to really manage loses is to realize that any money that you invest is money that can easily be lost. With that being said doing proper research on projects and understanding the market that you are getting into should be the first thing you do, never fomo into something that you know little to nothing about.

[TheUltraElite]

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?

By not getting in DeFi, NFT and other such hype machined entities. The reason why people never make money is simple but everyone fails to accept it. If someone is putting their money in a concept that has no long term value in terms of market making then the project will be failing and the ones who will get rich are the ones mongering it.

I have been seeing the same cycle on and on - and the people who run them want to promote them because it allows them to make money scamming some newbies who are hyped into the market. First came vaporware coins and then ICOs and then the variants of ICO and now these.

Some of you might still be in denial about this - which is normal. It is not my job to teach you, but you will understand with time.

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

A better option is not to diversify inside crypto. For a diligent investor, the only crypto one should know is bitcoin. If you need to diversify - do it outside crypto, not inside, meaning diversify into fiat markets like stocks, commodities real estate and so on. But dont spend your precious earning on buying shitcoins.

[hidingyou]

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 think you should move on, make it a learning experience, everybody sucks at some point here in crypto, next time don't sum up your investments in just one token/project, splip it if you can, do some research, invest only what you can lose.make this stress your'e feeling RN a reminder in the future when you invest again

[batang_bitcoin]

I simply relate to this, and I understand that there are risks and I am more ready for this than myself, and I always buy this or that coin with capital, which I am ready to lose, once there was a bitter experience, I put the entire 100% deposit on one coin, as a result -80% .Now I don't put all my eggs in one basket.

There is a situation that it is good to put all of your eggs into one basket and that situation is all about investing in bitcoin only. This strategy has always been the best idea that has been so far survivable and will make you a good situation whenever the altcoins market has been dropping.
It's a way to manage your losses if most alts aren't good, as managing your losses, can be the strategy that others could try while they've got altcoins. Putting a larger amount into bitcoin will help them balance the risk.

Bitcoin might always get the spotlight but doesnt mean that its risk free.Although as the king or father of all crypto then you would really be having that kind of impression.

Putting all of your eggs on one basket is good but something which is worth and its hard to determine and even majority do give out or recommend bitcoin then there are still

people whom do consider out on putting some investment on altcoins which are talking with those top ranking ones and not the shitty or garbage one.

Yes, I didn't said that it's risk free but you're in a better situation if it's about risk. There's more with bitcoin only just to keep up with losses. Just like now, we've seen it back a bit at $49k and then went a little to $48,800. That's why owning bitcoin is the exception about putting your eggs in one basket. It's always been the best idea that we've seen in the crypto market.