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What if you lose your money trading?

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On 2/9/2020 at 7:11 PM, theghostm1 said:

Yes, that would be bad. But i will not  leave this field. I will come back again and learn more and learn from my previous mistakes to achieve profits. It must always be convinced that any trader is at risk.

I know a little bit about it and I have benefited from it by applying it, as a daily trader, I must exercise my limits to preserve capital. none of the possibilities means that the time spent with me can allow for the fact that this is my best fault in judgment.

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45 minutes ago, salmansyed said:

after a losing streak, start small; don't jump right back to the  same position size you were trading before. On the first day back trade a small position size.

I would think about why I lost money at what stage I was wrong and how to fix such error transactions in subsequent transactions. I will continue to do them even if I lose. Because the more you trade, the better you understand them

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Any investment is risky and so whenever doing , always have a back up plan. Never invest more than what you can afford to lose. And if you ask if I will invest again? Yes! Because not all the time the situation

is the same. It is investment meaning this money is really intended to invest and not expecting any returns soon.

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So weak hearted people are better do not involve in the crypto trading. There may not be profit in the every situations. You should be all set and sounds to take the risks for the coming situations. You should be self controlled genius so you will be happy even you lost in trading. 
 


 

 

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On 1/29/2020 at 5:55 PM, Abo3laa said:

We know trading is risky, and anyone can lose if you get into a deal and lose your money. 
Will you send the money back to trading again, or will you end your career?

losing while trading is a normal thing, every trader make some losses, but on the long therm gains are more then them. i use stop loss for every trade, so some times i lose something.

so, if you know how to manage those losses there is no need to stop trading because as i said small losses are normal in trading. but if you lose your whole balance is a short period then trading is not for you and you should stop trading

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Loosing for the first time doesn't actually mean you are a total failure you still have to try trading for many times and don't give up you may not know if success is awaiting in the next trade

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On 1/29/2020 at 5:55 PM, Abo3laa said:

We know trading is risky, and anyone can lose if you get into a deal and lose your money. 
Will you send the money back to trading again, or will you end your career?

For me, I will complete my career
I lost my money, it does not mean that I finished, but rather I am learning. I will study and learn from my mistakes
Adopt another strategy if the first does not help me
This is also a psychological encouragement for patience and focus
I learn from someone who has lost all his money from trading or self-employment in general
They are many and did not end their career, but Tabro
If you have lost your money I encourage you not to give up.


Учитесь, учитесь и учитесь на своих ошибках :classic_smile:

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This is depend on because if I able to do again then surely I will try but if I feel now I cannot stay and this is not going to help me any more then surely I will quit this and go for some other work or thing because this is not where we have to do all we have many choices and we able to do things for easier life trading is very attractive and good but this need luck and good funds as well.

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On 1/29/2020 at 6:24 PM, Umefarwa said:

As the of I loss the money in the trading then there is nothing no option for recovery and I will accept that this is the my mistake 

you have to take it that way and maybe you come back to thus forum to make some bitcoin by making post to earn some cash

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Its normal to lose money value at first, as long as you hold it before the value goes high again then there you sell it, holding is a good thing monitor the charts if it is going high or low regularly. until you earn your desired profit. Thanks and have a nice day!

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Actually trading is the best way to earn more money. If you have enough knowledge about trading then you cant loss your money. Yobit is the best exchanger for trading

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In fact, we know that trading is one of the best ways to make a very good profit.  If you trade your currency, you can get very good profits and I think it will benefit you.

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you should not spend all of your money on one coin or token i mean dont put all of your eggs in one bag ! if you dont do this you wont lose all of your money in same time also you should always have a backup money to make sure if you lost all of your money there is another way to get you losts back. 

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2 hours ago, kubuto1 said:

Shopping is not the only cure. It was my fault. I know why, look for the reason and try to fix it. In investing, if you find a disadvantage, study, do more research, and then have more time to explain the market

exactly, you should learn from your mistakes not give up and never try again, analyze what you did wrong and try to avoid it


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Well, I will still make a trade but I will make sure that I will earn and get back what I am loss because trading is very risky and we need to be brave.


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On 1/30/2020 at 12:55 AM, Abo3laa said:

We know trading is risky, and anyone can lose if you get into a deal and lose your money. 
Will you send the money back to trading again, or will you end your career?

I was once lose all money in trading but I still here. I am thankful that its not big amount of money it was only 50$ worth of token. I bought it on dip (Alttex) then I set it on high to sell. months later didn't check their telegram group when I check it was 0 on buying. nobody wants to buy that token. and now that project is gone. their telegram already deleted. 

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if you lose it all in trading then that means you had no plans while trading because we all know you should not put all your money in one basket and you should invest in more than 2 projects.

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before i join this trading world i already set myself on those risks and posible things that can happen,and losing is not the reason for me to stop but it is the reason for me to make it better the next time.

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in my opinion it is not possible to return your coins if you have lost or send them on wrong address so I suggest you that you should confirm address before sending your coins

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8 hours ago, kiasawwaki said:

If you decide to end your career in trading with just one loss then you should not trade in the first place. I only invest a small amount of my assets, because I know trading is risky. I will continue to do them even if I lose, because the more you trade the better you understand them.

You don't need to give up in trading we always face losses atimes and this give us more courage to go for more

8 hours ago, melickte said:

 

 

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You have to risk the part that you can only lose and not risk all your money in one go. As is well known, don't put all the eggs in one basket.

  • +2 1

THINK POSITIVE

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Really it will be a bad situation. Because all people do trading for earning profit. But if they lose money they become very much sad.

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I've lost money from trading when I was trading without a plan. I reconsidered and created a plan that worked and I went back in profits. Still I am being really cautious especially after what happened in 2018 where the bottom was endless and everyone was mostly in loss.

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    • Итак. Вы решили подключить на свой сайт платежку и столкнулись с вопросом: какие бывают платежные шлюзы?   Все платежные решения можно разделить на 4 категории. Первые 2 категории достаточно трудны в реализации и их использование может вызвать лишь дополнительные проблемы, но проигнорировать их мы не можем:   Собственная платежная система   Это, пожалуй, самое трудно в реализации решение. Без своей команды разработчиков, которые создадут и будут поддерживать платежную систему, не обойтись. При этом придется разобраться в огромном количестве тонкостей этой сферы. На выходе, попытка сэкономить на комиссии готовых решений обернется еще большими расходами и потерей времени. Подойдет, пожалуй, только для очень крупных компаний со своим штатом разработчиков.       Платежный шлюз от местного банка   Крупные компании, работающие в одном регионе могут смело подключать шлюзы от банков. Если же компания работает в нескольких регионах, такое решение будет не лучшим, так как для каждого региона придется подключать отдельный банк, а это накладно и с точки зрения разработки и с точки зрения времени, потраченного на сбор документов и открытие компаний в каждой стране присутствия.     А вот оставшиеся два варианта – это то, чем пользуются компании из разных стран и работающие в разных направлениях: от сервисов по приему СМС и продаже цифровых товаров, до крупных Gambling и Betting-компаний, которым нужно быстро и четко обрабатывать платежи из разных стран.     Внешний шлюз   Отличное решение для компаний, которые работают в нескольких регионах, либо по какой-то другой причине не могут, или не хотят подключать шлюз от банков. Именно это решение в последние годы использует большинство представителей мелкого, среднего и даже крупного бизнеса. Оно наиболее простое и подключить такое решение можно в считанные дни.       Встроенный по API шлюз   Второе по популярности решение. Оно смотрится максимально органично для покупателя, ведь все действия будут происходить в рамках одного сайта, без лишних редиректов. Но в данном решении продавцу придется самостоятельно разработать страницу для приема платежей, подключить обработку платежей через API платежного сервиса, а также позаботиться о сохранности платежных данных, если они будут собираться в рамках выбранного платежного метода.     Кстати, оба варианта доступны в процессинговом сервисе MoneyGate. Подробнее на сайте: Moneygate.biz
    • CryptoNews of the Week     – The Republican candidate for the upcoming US elections, Donald Trump, has declared his intention to become the "cryptocurrency president." Speaking in San Francisco, he presented himself as a defender of digital assets and criticized Democrats' attempts to regulate the industry. According to Reuters, Trump raised $12 million for his campaign at an event for venture capitalists from Silicon Valley, organized by Chamath Palihapitiya and David Sacks at Sacks' mansion in the Pacific Heights area. Media reports indicate that executives from the crypto exchange Coinbase, the founders of the Gemini trading platform, Cameron and Tyler Winklevoss, and other industry representatives were present at the event. Intercom CEO Eoghan McCabe shared on X about his participation: "I spoke with six people there. None identified as Republicans. All had voted for or donated to Democrats in the past. Now they support this guy [Trump] for his policies on war, immigration, cryptocurrency, and more. These elections are a referendum on these issues."   – The attitude towards cryptocurrencies will be a key difference between the candidates for the US presidency, Donald Trump and Joe Biden, though neither understands the topic. Billionaire Mark Cuban stated this: "Do you really think [Trump] understands anything about cryptography beyond making money from selling NFTs? Neither candidate understands. But I've often said that Biden will have to choose between [SEC Chairman] Gary Gensler and crypto voters, or it could cost him the White House."  Discussing the upcoming elections on X, ASI crypto-lawyer Preston Byrne noted that Trump's crypto policy is "actually very substantial and well thought out, while Biden's approach is insane and punitive."   – The "Intelligence Authorization Act for Fiscal Year 2025" was submitted to the US Senate on 3 June 2024. On 5 June, Senator Mark Warner's strategic amendment to this bill was published on the social network X, granting the US president new broad powers. This allows the president to "prohibit any transactions between any person under US jurisdiction and foreign intermediaries in digital asset transactions."  Financial lawyer Scott Johnsson criticized the law due to its wide scope. He sees it as an attempt to control digital assets under the guise of fighting terrorism, as the amendments added by Warner are borrowed from the Anti-Terrorism Financing Act.   – Late in the evening (CET) on 12 June, the FOMC (Federal Open Market Committee) of the US Federal Reserve will decide on the dollar interest rate. Historically, such decisions have always significantly impacted bitcoin's price. In this regard, ChatGPT-4o AI was tasked with forecasting BTC's price based on technical analysis and financial analysts' assumptions.  According to the AI, bitcoin will trade in the $68,000-73,000 range. However, a rate cut or hints of an upcoming reduction could push BTC beyond this range. In this unlikely economic scenario, ChatGPT-4o predicts the leading cryptocurrency will trade between $73,000 and $75,000 or higher.   – Over the past few days, the crypto market leader has lost nearly 10% in value. Many experts believe this is due to investors' concerns that US inflation will remain high for a long time. Under such conditions, a quick easing of the Federal Reserve's monetary policy is unlikely. Enthusiasm was also dampened by the fact that spot bitcoin ETFs broke a 19-day streak of investment inflows. On 11 June alone, industry funds lost nearly $65 million. MN Capital founder and analyst Michaël van de Poppe noted that investors are acting more cautiously ahead of the FOMC meeting on 12 June. He does not rule out that seller pressure will persist in the near term. Under such conditions, bitcoin could correct to $65,000. However, van de Poppe does not expect a deep price drop, as significant liquidity is concentrated around the $60,000 mark, indicating strong support, and positive dynamics could be supported by geopolitical instability.   – Traders note that "digital gold" has recently been trading within a narrow range of $66,000 to $72,000. One popular market participant considers the lower boundary an ideal entry point, while entry at the upper boundary carries high risk.  Despite recommended caution, over 70% of the crypto community participants in several surveys believe BTC is on the verge of continued growth. For example, a trader nicknamed Captain Faibik is confident that bitcoin is preparing to break out of the "expanding wedge" technical analysis pattern. Breaking above its upper boundary, in his opinion, will open the way for the cryptocurrency to rise above $94,000. Trader Titan of Crypto, in turn, expects bitcoin to reach $100,000 this summer.  Community participants also point to the activity of large investors as a sign of BTC's growth potential. Whales, according to crypto industry representatives, are actively taking long positions in bitcoin. Cryptoquant CEO Ki Young Ju noted that the $69,000 level has become particularly attractive for large investors.   – By the end of 2024, the first cryptocurrency will be worth between $125,000 and $135,000, according to BitGo CEO Mike Belshe. He believes that one of the catalysts for bitcoin's growth will be the high level of US national debt. "Our macroeconomic climate continues to confirm the necessity of bitcoin. Without a doubt, the US national debt is out of control. […] This situation supports the idea that bitcoin is the gold of the new generation," Belshe said.  He also noted that the US dollar is losing its position as the world's reserve currency due to US foreign policy. The BitGo CEO believes that the country uses the dollar as a weapon and a tool for manipulation. "Thus, the US national debt crisis is one thing, foreign policy and sanctions control is another. And BRICS is providing alternative payment systems. […] This is the story of why bitcoin exists," he concluded.   – The new Binance CEO Richard Teng, who succeeded Changpeng Zhao, believes that bitcoin will soon exceed $80,000. Teng associates the potential new high with the launch of spot BTC-ETFs traded on stock exchanges. This has strengthened trust in the asset, and retail traders and institutions no longer perceive it as risky. The Binance CEO also suggests that cryptocurrency legalization is possible if Donald Trump is elected president of the United States. Declaring himself a "crypto president," Trump stated in May that the US should lead the global crypto industry.   – The self-proclaimed first resident of Bitcoin City, American Corbin Keegan, left El Salvador without seeing his dream city begin to take shape. In November 2021, El Salvador's President Nayib Bukele announced plans to establish a crypto settlement. Upon hearing this news, Keegan left Chicago and headed to the South American country to become Bitcoin City's first resident. However, his patience eventually ran out, and he returned home.  The project's implementation was likely frozen due to a lack of funding. Bukele wanted to raise the necessary funds through the sale of "Volcano Bonds." These securities were planned for release in Q1 this year, but for various reasons, they did not see the light of day. Notice: These materials should not be deemed a recommendation for investment or guidance for working on financial markets: they are for informative purposes only. Trading on financial markets is risky and can lead to a loss of money deposited.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/
    • Cardano Node 9.0 будет запущен в июне и подготовит платформу к форку Chang   Cardano Node 9.0 будет запущен в июне. Это обновление подготовит платформу блокчейна к долгожданному форку Chang. Основатель Cardano Чарльз Хоскинсон сообщил об этом событии на X. Хоскинсон отметил, что хардфорк может произойти после того, как 70% операторов стейкингового пула (SPO) установят новый узел. Это приведет Cardano в эпоху Вольтера, ознаменовав состояние полной децентрализации — огромную веху для сети и всей индустрии блокчейнов. Хоскинсон назвал это самым значимым событием в истории Cardano.   Хоскинсон описал путь развития за последнее десятилетие, заявив, что создание Cardano было похоже на строительство нации. Он выразил гордость за сообщество и оптимизм на будущее. Хоскинсон считает, что Cardano дает надежду отрасли и всему миру, и призвал всех оказать значительное влияние в следующем десятилетии. Три дня назад основатель прокомментировал несоответствие между восприятием СМИ и реальным прогрессом Cardano. Он раскритиковал криптовалютные СМИ за непризнание достижений Cardano.
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