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Author Topic: How Can I Get Rid Of Fear Of Loss In Trading  (Read 8599 times)

Offline Nowme

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How Can I Get Rid Of Fear Of Loss In Trading
« on: December 22, 2021, 03:51:00 PM »
Guys it feels terrible to tell but I fear too much while trading, and a lot of anxiety, if this isn't normal then guide me to overcome these feelings.

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How Can I Get Rid Of Fear Of Loss In Trading
« on: December 22, 2021, 03:51:00 PM »

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Offline Cleanerbd

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Re: How Can I Get Rid Of Fear Of Loss In Trading
« Reply #1 on: December 22, 2021, 05:49:49 PM »
Guys it feels terrible to tell but I fear too much while trading, and a lot of anxiety, if this isn't normal then guide me to overcome these feelings.
Trading is not a scary thing. You must have an idea about the crypto world in order to trade. If you have a good idea about crypto coins or tokens, it will be very easy for you to trade.
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Offline BrainMan

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Re: How Can I Get Rid Of Fear Of Loss In Trading
« Reply #2 on: December 23, 2021, 04:12:01 PM »
Haha. I was just playing around in the trading corner and I saw this. Let me chip in this quickly coz I was once exactly like this, trading isn't as hectic as we think, I was able to lead my way to confidence with tutorials and lessons on Bitay anyway. Bitay exchange is the most sophisticated advance trade system I ever came across and they are emerging so swiftly. They got an academy to build up users confidence and this might help you also honestly. There's even Bitay game coming up where you can play with virtual money and gain real life experience on real time market while earning great rewards on it. Generally trading would be more fun with Bitay tbh.

Offline Tackles247

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Re: How Can I Get Rid Of Fear Of Loss In Trading
« Reply #3 on: December 24, 2021, 03:33:03 PM »
Fear is a very terrible thing, I makes you see the bad sides only and leaves the brighter side blurry. No worries. I can also recommend you start your crypto trading journey with BITAY, I saw someone talked about it already. Bitay mobile application is just a easy way to start with.. you get to learn and earn on Bitay easily with thier easy to learn tools. You can actually enjoy crypto in depth with Bitay. Bitay academy is making a lot of people expert traders now, shaping for the future. And all about crypto is coming to Bitay; NFT, Bitay coin launching soon, Bitay game where you play with virtual money and earn real money.. Bitay has been my backbone, and I believe they have a very bright future to be one of the top exchange in the nearest time. Remember the saying; we rise by lifting others.

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Re: How Can I Get Rid Of Fear Of Loss In Trading
« Reply #4 on: December 24, 2021, 05:27:09 PM »
Guys it feels terrible to tell but I fear too much while trading, and a lot of anxiety, if this isn't normal then guide me to overcome these feelings.

Fear while trading, I think You need experience to manage your feeling.
Trading is not easy, It will take log time to get good performance and feeling.

Offline hobo66

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Re: How Can I Get Rid Of Fear Of Loss In Trading
« Reply #5 on: December 24, 2021, 06:21:19 PM »
With every goal there is always present fear. You will be always in danger of losing in your goals. In such situations you have to concentrate on the plans which are thought to be good to help you achieve your goals. Unfortunately if you fail to get all your money back and even does not make any cash then do not be desperate just cool down and think that it is a lesson for me to learn something new.
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Offline Digital_Lord

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Re: How Can I Get Rid Of Fear Of Loss In Trading
« Reply #6 on: December 26, 2021, 06:38:19 PM »
The fact that we make profit and lose money is a part of trading, but also that when we lose anything we fear next time, so if you are a newbie and are afraid of loosing money, then choose the best exchange and pick top coins, as well as trying to do longer term trading, then I am sure you won't have to worry and also save you from losses.
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Re: How Can I Get Rid Of Fear Of Loss In Trading
« Reply #6 on: December 26, 2021, 06:38:19 PM »


Offline Beattysuhita

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Re: How Can I Get Rid Of Fear Of Loss In Trading
« Reply #7 on: December 26, 2021, 09:39:05 PM »
Guys it feels terrible to tell but I fear too much while trading, and a lot of anxiety, if this isn't normal then guide me to overcome these feelings.
Every Cryptocurrency trader must have that feeling, the fear of losing money I think is natural.  But that fear should not be excessive, because it will interfere with our concentration in buying the coins we trade.

Offline TomPluz

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Re: How Can I Get Rid Of Fear Of Loss In Trading
« Reply #8 on: December 27, 2021, 03:51:03 AM »
The fear of losing is a natural human emotion yet if this can be the overwhelming thing that you always experience while trading then it can hamper your decisions  a lot in many ways which can ultimately lead you to lose trades eventually. Unfortunately, there is no easy solutions to this - there is no red and blue pill to take so you can manage your emotions. The answer lies in you...you must learn more and  slowly and surely get into the experts' club and if you can then get someone who is already successful to mentor you or maybe an organization where you can be a part of with the same purpose as you have. Good luck.

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Re: How Can I Get Rid Of Fear Of Loss In Trading
« Reply #9 on: December 27, 2021, 10:00:19 AM »
Guys it feels terrible to tell but I fear too much while trading, and a lot of anxiety, if this isn't normal then guide me to overcome these feelings.

You can get rid of your fear by controlling your greed. When you are investing in a project make a partial investment. As an example assume you have 1000$ and you want to invest in dot. Break your investment into three parts. It could be 30%-30%-40% or it could be 20%-40%-40%. You can tweak it as you see fits for you. By doing these you can lower your average buying. You will have reserve funds for backup so you will not fear for price dump but you will be wishing for one because you will have a chance to have a lower entry which will not be possible for those who have invested their full balance.

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Re: How Can I Get Rid Of Fear Of Loss In Trading
« Reply #10 on: December 29, 2021, 12:36:33 PM »
Guys it feels terrible to tell but I fear too much while trading, and a lot of anxiety, if this isn't normal then guide me to overcome these feelings.

I understand that most of us are still having this feeling. I’ve been there just like you. But here’s what’s working for me, but it ain’t working for all though. When I trade, I come up with an amount to commit that I’ll never have it back in anymore. It’s like a “donation” mindset without expecting anything in return.

As I’ve decided to “donate” without expecting anything in return, my fear has started to lessen in trading. I think of my losses as “donation”, which makes me not so affected in my trading decisions. That’s just me though.
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Offline Istiak

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Re: How Can I Get Rid Of Fear Of Loss In Trading
« Reply #11 on: December 29, 2021, 08:52:51 PM »
First, get rid of your greed and diversify your portfolio. Do not invest your full funds in a single project. Always have some backup funds for your other dip entry. Because the crypto market is uncertain and anything can happen here. So it will be wise to prepare for every type of situation. In these way you can control your emotion and get rid of your loss in trading.
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Offline sampoerna

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Re: How Can I Get Rid Of Fear Of Loss In Trading
« Reply #12 on: December 29, 2021, 11:26:41 PM »
Yes I know how the way of loss in trading. But  just remember one thing, if we are afraid of loss when trading, it is better to quit trading. For, trading is not only about taking profits but sometimes ut requires risks of loss.
When loss, we can move on and continue to trade others and take profits. Not being fear, stress or sad.

Offline shadowdio

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Re: How Can I Get Rid Of Fear Of Loss In Trading
« Reply #13 on: December 30, 2021, 06:12:18 AM »
It is normal for beginners that feels fear of loss when do trading. It is not easy to get rid of it but if you keep trading and trading your fear of loss will be gone, you will be confident to trade. It really needs more experiences you know.

Offline gulu_khan

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Re: How Can I Get Rid Of Fear Of Loss In Trading
« Reply #14 on: December 31, 2021, 03:45:43 PM »
You have to be patient and think carefully when you make trade. Always stay with market trend, without any coin knowledge don,t buy otherwise you will panic if market goes down ..

 

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