How to manage losses?

[celot]

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.

That's right, when the price of the coin drops, it can't be said that we failed or lost. While I still have savings for my needs, I also never sell my assets when the price drops. If I do that then I will lose.

[Anonymous100]

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 think you need to hold on for a while if the coins you bought are dumped. I think the price of the coin will increase again. If you see no sign of price changes for the foreseeable future. Sell the coins, then you buy new coins with the concept of short-term trading.

[Dewi Aries]

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?

Usually i take a rest from trading, not really push myself after get really big loss. Because in that condition, we wouldn't think clearly and it can cause we more suffer if we do wrong choice again. And for the second opinion, it is right and a lot of people will agree with it because if we put money into 2-3 basket, there are a chance that the other basket will help us to gain profit.

[coin-investor]

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?

Very hard and sometimes you cannot, that's what happens if you did not invest what you can afford to lose, but if you invest in a coin that has proven its worth in the market, you can extend your patience and wait for it to go up again, you just need to check if it is still developing, but if it's a new coin and there's no further development you have to cut your loss right away and dump it.

[BuyingBitcoin]

You only lose if you sell at a loss. Be patient and sell at a profit. 

"A man who is a master of patience is master of everything else." -George Savile

[Twinkledoe]

You only lose if you sell at a loss. Be patient and sell at a profit.  

"A man who is a master of patience is master of everything else." -George Savile

But sometimes people sell at a loss for varying reasons like they need urgent cash, panic, want to invest in a different project and others. So to lessen or avoid losses, one should keep up with the coin he has, and sell it once he is in profit, whether big or small, as long as you are in positive side. Also, invest in established coins like btc, as venturing in new alts is really risky as you don't know yet their capability to deliver in the market.

[Pulsar77]

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?

If I invested a really high amount of money into an altcoin and lost the most of it, it doesn't become easy to absorb this for me honestly. I need some time to think clearly about what I should do after that. I start creating a roadmap for myself and try not to deviate from it. Because if I let myself make random investments, I know that my loss can be even bigger. I know that it is not easy but one should prepare themselves for these cases.

[kak uli]

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?

if you are not ready with the RISK that will happen then you should not invest or trade in digital currency !!
you have not lost your assets if there is only a market correction, which makes you lose your assets if the Token you hold is deleted from the Exchange or is no longer available in the market.
you still have a chance to survive and wait for the market to return to normal

[iTradeChips]

Leaving the market temporarily is a good thing to manage stress because of getting losses from failed investments. But of course, you always remember that the amount of crypto that you bought is still the same amount you own so in case the crypto made good prices after a few years then your investment will not be a failed one. If you really want to put your money in a good spot then you have to invest in multiple cryptocurrencies and not just in one. Invest in different altcoins and make profit from multiple sources.

[wack slacker]

Have a clear strategy in trading like set Take profit, stop loss and stick with that strategy. That's the way to good risk management. Maybe you will get low profit because of frequent stop loss but it is better to keep your money safe than lose by a losing position.

[xSkylarx]

Have a clear strategy in trading like set Take profit, stop loss and stick with that strategy. That's the way to good risk management. Maybe you will get low profit because of frequent stop loss but it is better to keep your money safe than lose by a losing position.

That is one of the basic strategy which is you should know. Risk management. But there are still lot need to learn . Like learning those indicators or those candle patterns which you will predict whats the next price is but if you are not into technical analysis then you are into fundamentals but waiting to the right time and also news to jump in

[abralzain17]

I will leave the market if the asset I hold experiences a big loss, as I do to avoid the stress of seeing the market experiencing a correction. I leave it until market conditions improve. I think that way is very good for managing the losses that befall me.

[Alisha-k]

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?

Diversifying your investment option as you pointed out is one way to manage losses. The truth remains losses can't be avoided in crypto investment because it's a business of profit and loss but minimizing the losses is what should be considered. Before investing I have a loss target in which once the price gets to it I withdraw immediately without further consideration this way I ensure I don't lose more than I can afford

[iTradeChips]

Losing investments is not just about counting less zeros. It is also more on the mental health aspect of the person. Those who experienced loss in the past fully knows that losing a lot of money because of failed investment surely gives someone a hard time thinking about things and having a somewhat normal life. I would emphasize the importance of having a sound mind once loss has experienced and that it is alright to stop for the meantime and then start over once you have the means to start.

[Jilapikhamu]

Always try to picked low supply and high demand coin, and when you loss, try to keep claim and waiting for which coin you invest there good news

[LordMiguel]

My strategy is this. i have some wallet for long term and some wallet for short terms. i have exchanges where invest for long term and some exchanges for daily trading. for me, i think i am still learning and investing in small quantity. i don't think i have the courage to invest huge amount. i am still investing little by little and i hope to invest big when time is due. my investment is gradually growing. i take my profit without looking back. one thing is certain. take profit when due.

[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.

That's right, when the price of the coin drops, it can't be said that we failed or lost. While I still have savings for my needs, I also never sell my assets when the price drops. If I do that then I will lose.

of course what you say is very true, then what needs to be understood in investing or buying and selling digital currency, at least in carrying out these activities we do not use money that has a need for every day or what is often mentioned Kitchen money. I think there is no defeat in this activity if we are able to manage the assets we have.

[alpamar99]

Of course, in this case, especially in choosing a project, we have researched in advance whether the project will be good or not because here it is not just relying on instinct in choosing a project or a coin and you need research so that you don't lose money.
but if you have entered a project and experienced a loss, of course in this case you can not be silent because in every coin or token there is a chart that can support you in determining your next choice whether to hold or better CL.
and maybe I think if you face a project or coin I suggest don't go all in if you are really not sure about it, unless indeed the coin or project you are running can be tested, for example for coins like btc or eth which are tested once, especially for long term. but if it's fake, don't ever go all-in there.

[fileo]

Most of the time when I lost my money in cryptocurrencies investment. I think positive that the token price will increase again in due time. I also believe as long as I have it even the price dump, I have still a chance to earn profit if the movement turn to bullish trend. Many times I experienced loses because of market volatility. But I need to adopt and adjust to overcome my loses.

[erep]

I recently suffered a loss on my investment in NFT tokens when I bought them at a high price, I haven't decided to sell them yet because the project is still in the early stages of development releasing the Game Platform, I believe that when the Game is released it will recover the price quickly .