How to manage losses?

[tazmantasik]

Having a well thought out plan is very important before you enter the market or whatever. Manage profits and calculate losses. You should have stops when you are at a disadvantage. Never put capital into one basket, because if it is done when the price drops you no longer have assets that you can rely on to cover your losses.

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[maju69]

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?

As most people say that Cut Loss is the answer. You only need to be careful in determining which altcoin you invest in your finances. Because the nature of altcoins is always based on an uptrend price.

So don't try to invest money in the long term in altcoins that have a level of risk that does not guarantee the future. for that Bitcoin and Ethereum are the ones that you should allocate the most portfolio. Then the remaining 5-10% of altcoins are for short-term investments.

[pedrillo0]

Stress is reduced when you use money that you don't NEED, diversifying investments is a smart way to use money, since if one currency does not make you win, others will.
I diversify 20% to the best memes or trends, and 80% to the most robust currencies such as BTC, ETH, SOL or ADA... etc etc.

[memed97]

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?

Big losses occur as a result of investing in one project, the decision to choose a project for a large amount of investment is certain that the results obtained are also large, as well as the risks that will be accepted if it happens as you say. The fact is that there are still many tokens that we can choose from, both in terms of liquidity and varying prices. Loss in investment naturally causes stress, the desire to return everything that has been lost is very great. I myself, if that happens, will choose an alternative path of coin investment that has been the choice of many other investors and will not be in a hurry to get back the losses that have occurred in the past. The point is that there are still many other alternative coins that we can invest in so there is no need to take one, take several coins for investment.

[Quidat]

Stress is reduced when you use money that you don't NEED, diversifying investments is a smart way to use money, since if one currency does not make you win, others will.
I diversify 20% to the best memes or trends, and 80% to the most robust currencies such as BTC, ETH, SOL or ADA... etc etc.

This is true where you do know that this money isnt something that get from your emergency or life savings which would really be putting you on ease and would have in mind that its fine that
you do incase lost it up on investment and to know that you have taken some risk then its just normal for losses to happen.Thing here is that you do learn up from those mistakes and make
yourself even way more better as you do go ahead on the career you've been taking. Managing losses will vary on how you do handle your finances well.

[Princejebs]

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?

The first rule of my risk management is to never invest in shit projects, you know why? It always save me the stress of taking my loss because they comes in less number.
If you invest in good project, they hardly collapse except when people have this fear of bitcoin collapse and market bearish.
Avoid fomoing into new projects, they pump and give huge gains in short term but the same time, it can destroy your portfolio.

[senyorito123]

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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.

Indeed, I've categorized them nowadays and you can't make it up once you don't encounter losses. Many times I tried to make myself sustainable but I failed because of my emotions, so I keep my profit optimum and I wasn't able to gain as much as the other traders who earned huge returns with their invested cryptocurrency.

[TelolettOm]

The first rule of my risk management is to never invest in shit projects, you know why? It always save me the stress of taking my loss because they comes in less number.

Why do we know if it is a shit project or not? For a new crypto project, it is difficult to determine whether a good project or a shit project. I think managing risk management by avoiding a shit project, seems a bit difficult to understand. Most new projects in crypto look hard to trust, most of them have a chance to be a scam/shit project. Why don't just buy top coins? I think to lower the risk, better to invest in top coins. Top coins should be owned by trusted projects.

[poodle63]

Why do we know if it is a shit project or not? For a new crypto project, it is difficult to determine whether a good project or a shit project. I think managing risk management by avoiding a shit project, seems a bit difficult to understand.

Maybe what considered a shit project is project that are like the meme coins that only depend on the hype but the hype itself can be gone anytime. But it's also true to differentiate a good project and shit project is difficult,
what i always considered is if the project have good partnership with popular project, like if it's endorsed by big company like binance there are many project endorsed by binance until now with their launchpad, that will make me think the project is good quality because the project was interviewed by binance itself.
But this is only one of many factors out there to determine a good project

[TheUltraElite]

Indeed, I've categorized them nowadays and you can't make it up once you don't encounter losses.

You will not encounter losses or reduce them if you keep yourself focused on bitcoin and shun all altcoins. Just think of this: if the biggest share of your capital was into bitcoin bought at low price - how much unrealized profit would you be making?

Many times I tried to make myself sustainable but I failed because of my emotions, so I keep my profit optimum and I wasn't able to gain as much as the other traders who earned huge returns with their invested cryptocurrency.

I doubt any trader actually is able to make so much without showing proof. I suggest you to focus more on yourself rather than comparing with others a common mistake everyone commits. Instead of going for shitcoins, DeFi, NFT, you can use the hype created by them to get into more bitcoin. This can help you get more profits if you know when to enter into bitcoin.

In the long run, these hype machined projects do not have significance however they may try to speak of it. They are only trying to get the money out of your pocket.

[Irenerty]

Investing in any cryptocurrency has certain risks. Before investing, you must understand the market trend and choose the desired investment currency.
Choose a diversified investment method to replace a single currency project investment to prevent greater economic losses when investing in a currency loss.
When investing can use indicator analysis and develop a strategy that suits you, and set stop losses to avoid losing funds.

[Baihaki Khaizan]

Don't put all the funds you have in just one instrument. As an investor, you must be able to measure and limit your exposure to certain types of investments. This is called portfolio diversification. You do this by dividing the funds you have into various types of investments.

[worle1bm]

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 can simply manage losses is to ignore them if suffered any and calm down yourself without getting more panic and stay alert for the future trade options.You can try to do risk management analysis and diversify your portfolio but if you have already made investment in zero utility token or project then you have already dump your investment which cannot be managed or avoided.The market may react uncertainly and funds swing could occur but you should always be prepared for it.There is no such perfect risk managing policy and you need to deploy your owns after all the research.

[xSkylarx]

Don't put all the funds you have in just one instrument. As an investor, you must be able to measure and limit your exposure to certain types of investments. This is called portfolio diversification. You do this by dividing the funds you have into various types of investments.

Usually investors always see good coins that are in a bullish trend or in a good trend, and it is always different every year, because putting all investments in one place is not what investors want because it is not a suitable strategy to be used by them

They advised not putting all of your eggs in one basket. Yes, most investors are keeping an eye on those coins with high gains, and they will all jump in. However, the best way is to purchase those coins as soon as they are available, such as during their ICO stage or something similar. That is the best strategy, but if you prefer to invest in the established ones, try to learn technical analysis in trading as well as fundamentals so that you can determine which coin is the best to invest in.

[Bollexz1]

It is certain that one can not make profit on every investment as we only speculate market moves after conducting research. The best is for somebody to DYOR before investing and not follow other investors/influencer's idea. That way you manage your risk and please learn to Always take profit.

[seleme]

The general rule is clear, never let the losses melt your balance, cut the loss before it is too late. Newbie traders like chasing the losses but it can be dangerous to play with volatile crypto markets. Have a trading plan and stick to the plan, the market will come back to the buy price point sooner or later.

[gurunanakji777]

It is natural we get stressed if our coins keep dropping. One must invest wisely if you are a newbie you should focus on the top 50 ranking coins if you don't have much knowledge about the market. Don't take risks by invest in 1-2 coins if you have good capital try to invest in 4-5 different high potential coins. Don't gamble with less familiar coins.

[Banulit]

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?

Well for me I think as long as you hodl the token and did not sell it then do not worry especially if those token is a potential token because thats what I am doing whether I check my port and see that I lose a very huge amount I still keep myself calm and compose because I know that not always the market falls down and it can recover massively as well. So I suggest hodl strong and wait when its time to shine.

[maju69]

It is very difficult to make decisions in such a large number of projects, the most important thing is not only the development team, it is the general idea that underlies the project. And then whether the team will be able to implement their ideas. For many years I have been delving into this space, but I have not learned how to correctly choose projects.

In June, I invested about $100 in NFT which will launch at the end of August. At first glance, I have done research and even received a lot of support from various practical elements and from pre-influencers who ensure the success of launching the market which will later become the NFT auction site.

Until finally mid-August began to feel suspicious because their project went bankrupt and the team complained that they had also run out of large amounts of money. I can't do anything and just ask a lot of questions. All the teams responded and they didn't run away like other scam project managers. They are still trying hard to make it happen. But investors were disappointed and left the project, myself included.

[cafee_orange]

In my opinion if the coin I still hold has not been removed from the market then I do not say it is a loss even though the price is already very low.
In my opinion, to overcome such a situation, it is better to hold on to the asset until it finds the best price later. but if you still have another balance then you should put it on a coin that has a better price potential to get a profit. i will deal with it like what i have mentioned.