What is your plan when you lose big in crypto trading?

[Captain Corporate]

Not that I invest too much, but if I end up investing enough then I would just DCA when it goes lower. I do not invest into unknown tokens or anything like that, but we are going to end up with something much harder at the end, we are going to see this changing for the long term and I believe the best thing to do right now would be just making sure we deal with a profitable situation for the future. Right now, if the price of bitcoin goes to 20k or something, I would just buy a lot, while all those people are selling their coins to drop the price. Which means, I will be in profit when it gets back, which is what I did since 2021 exactly.

[Hisbullah]

Not that I invest too much, but if I end up investing enough then I would just DCA when it goes lower. I do not invest into unknown tokens or anything like that, but we are going to end up with something much harder at the end, we are going to see this changing for the long term and I believe the best thing to do right now would be just making sure we deal with a profitable situation for the future. Right now, if the price of bitcoin goes to 20k or something, I would just buy a lot, while all those people are selling their coins to drop the price. Which means, I will be in profit when it gets back, which is what I did since 2021 exactly.

Bitcoin will not go down to $20K, because that is something that is impossible to happen unless there is an event that causes a major correction in the crypto market. And not only you, if that happens, I will also buy bitcoin.
I only buy coins that I know and also new coins that I think are potential enough to buy. When I have free time I will do research and study new projects that are likely to have a good future.

[royalRitta]

Not that I invest too much, but if I end up investing enough then I would just DCA when it goes lower. I do not invest into unknown tokens or anything like that, but we are going to end up with something much harder at the end, we are going to see this changing for the long term and I believe the best thing to do right now would be just making sure we deal with a profitable situation for the future. Right now, if the price of bitcoin goes to 20k or something, I would just buy a lot, while all those people are selling their coins to drop the price. Which means, I will be in profit when it gets back, which is what I did since 2021 exactly.

Bitcoin will not go down to $20K, because that is something that is impossible to happen unless there is an event that causes a major correction in the crypto market. And not only you, if that happens, I will also buy bitcoin.
I only buy coins that I know and also new coins that I think are potential enough to buy. When I have free time I will do research and study new projects that are likely to have a good future.

BTC in $20k price is just a gold mine of possibilities, but I don't see an event that would put it that low. 

[doc]

Trading is very complex and one needs to take much time studying and practicing in order for you to improve yourself. The market is unpredictable and that is where the challenge is, because one wrong move, you will loss all the little profits that you have made in many trades. However, there are still people who are making profit from trading because they have a good strategy to make that happen. Trading is stressful, time consuming and plays with your emotions, making it difficult for everyone. If I loss big in trading, I will switch into investing.

The sincere truth is fif deep down you are not determined enough you won't progress in your trading journey. Trading isn't supposed to be a side hustle rather it's a skill that requires a lot of dedication and determination.  Where some persons also get it wrong is taking trading as a side option and literally having a plan B you can easily jump to .

The truth is as a newbie trader you will definitely lose to the market and even most times even more than you get from the market. However gradually you will begin to gain. Experience and notice your flaws if you continue to practice . Trading is more of practice and self experience than being Spoon fed with signals.

If we have a lot of time we can focus on trading and not consider trading as a side job, but if we are busy in the real world we cannot always focus on trading, that's why they prefer to be a holder and trade as a side job when they have time. And a professional trader is someone who focuses on trading funds and has good skills in trading.

[armanda90]

If we have a lot of time we can focus on trading and not consider trading as a side job, but if we are busy in the real world we cannot always focus on trading, that's why they prefer to be a holder and trade as a side job when they have time. And a professional trader is someone who focuses on trading funds and has good skills in trading.

Trading in cryptocurrency not required full monitoring around 24 hours every day, make as side job its worth to avoid if can't earn profitable consisteny every day and I don't think problem if have few hours only for checking the market price. Although I fully online but just few hours checking the market and my position have been buy order and when filling directly put selling order set up based on how much profit I want.
Its not take more longer time checking the market after my buy and sell order filled just opening the market and looking have been filled or not before opening new order.

[Mia Chloe]

If we have a lot of time we can focus on trading and not consider trading as a side job, but if we are busy in the real world we cannot always focus on trading, that's why they prefer to be a holder and trade as a side job when they have time. And a professional trader is someone who focuses on trading funds and has good skills in trading.

The truth is it would be really difficult for you to progress fast in trading and honing your skills if you actually don't take trading as a full time thing. Check and take a good look at  the majority of successful traders out there they literally took trading as their full time skill thats why their success was that massive.

The bare truth is you can never become a trading icon by copy trading alone. Infact you can't make more profit in a trade than the person who generates the trading signals for you simply because it's their trade and they understand it more and knows what's best to stake and the total risk involved.

[LUCKMCFLY]

Each time, we plan poorly for a particular situation, or the outcome is negative or not what was expected, the better we analyze our strategy, our plans, and our analytical skills. Thus, failing is not an ending, but a step to the winning in trading world, as well as any other field.

Yes, plans are the fundamental thing in all of this, when we enter the world of trading, or investment, but to be much more cautious with trading, things are very volatile, sometimes we have profits, losses, but there is something that should not be lost, and that is to always maintain our account with a positive balance, we will realize that we are doing things right when our balance is positive, it does not matter if it is always lost and when we are having results that indicate that we are being somewhat profitable , no matter how little, then that is what is sought.

Yes, you are right about that, I can say that things are necessarily compatible in everything when you have the necessary discipline to do any kind of thing, in investing, traders, everyone has to have a lot of discipline, yes, patience is good, sometimes it is bad when we are anxious, but everything is a learning experience, I think that in terms of money we must learn quickly because if not, things are going to turn ugly because money is only what we will lose and if we are careless we not only lose money but also self-esteem, confidence, there are many things that this can entail.

[enoch_from_off]

If we have a lot of time we can focus on trading and not consider trading as a side job, but if we are busy in the real world we cannot always focus on trading, that's why they prefer to be a holder and trade as a side job when they have time. And a professional trader is someone who focuses on trading funds and has good skills in trading.

The truth is it would be really difficult for you to progress fast in trading and honing your skills if you actually don't take trading as a full time thing. Check and take a good look at  the majority of successful traders out there they literally took trading as their full time skill thats why their success was that massive.

The bare truth is you can never become a trading icon by copy trading alone. Infact you can't make more profit in a trade than the person who generates the trading signals for you simply because it's their trade and they understand it more and knows what's best to stake and the total risk involved.

Totally agree.
You can try and copy somebody, but that wouldn't make you better.
Not if you don't do something for yourself as well in the mean time.
Better yet hone your own strat. An own path.

[milewilda]

If we have a lot of time we can focus on trading and not consider trading as a side job, but if we are busy in the real world we cannot always focus on trading, that's why they prefer to be a holder and trade as a side job when they have time. And a professional trader is someone who focuses on trading funds and has good skills in trading.

The truth is it would be really difficult for you to progress fast in trading and honing your skills if you actually don't take trading as a full time thing. Check and take a good look at  the majority of successful traders out there they literally took trading as their full time skill thats why their success was that massive.

The bare truth is you can never become a trading icon by copy trading alone. Infact you can't make more profit in a trade than the person who generates the trading signals for you simply because it's their trade and they understand it more and knows what's best to stake and the total risk involved.

Totally agree.
You can try and copy somebody, but that wouldn't make you better.
Not if you don't do something for yourself as well in the mean time.
Better yet hone your own strat. An own path.

Totally depends on a certain individual on which there would really be those people who do really wants to have that kind of progress in terms of their trading skills.
There are ones who would really be liking that they do just simply sit down and wait up for their profits while they are following someone but just like on what you have
said that you wont really be able to learn something from it in compared into those individuals who do really make out some manual trades on which sooner or later
as they do make out such engagement, they do hone up their skills on which it would really be that beneficial in the future.

[nakmantu99]

Totally depends on a certain individual on which there would really be those people who do really wants to have that kind of progress in terms of their trading skills.
There are ones who would really be liking that they do just simply sit down and wait up for their profits while they are following someone but just like on what you have
said that you wont really be able to learn something from it in compared into those individuals who do really make out some manual trades on which sooner or later
as they do make out such engagement, they do hone up their skills on which it would really be that beneficial in the future.

We should not depend on others in investing and trading, we should do our own research and analysis. because if we have our own knowledge and skills we can maximize the profit we get by learning from the mistakes we make and trying to fix them. experience is very much needed so doing it yourself is better than following others.

[taufik123]

We should not depend on others in investing and trading, we should do our own research and analysis. because if we have our own knowledge and skills we can maximize the profit we get by learning from the mistakes we make and trying to fix them. experience is very much needed so doing it yourself is better than following others.

Your trading is your own responsibility, so it will not depend on anyone else. Therefore, basic knowledge is needed before trading.

But even so, I myself am also open to some suggestions from others and some predictions on technical and fundamental issues that we can learn again.

It is not to shut down from other people's suggestions because we will also not be completely right.
Perhaps doing some of the necessary evaluations is necessary to develop our trading knowledge.

[smartaction]

Totally depends on a certain individual on which there would really be those people who do really wants to have that kind of progress in terms of their trading skills.
There are ones who would really be liking that they do just simply sit down and wait up for their profits while they are following someone but just like on what you have
said that you wont really be able to learn something from it in compared into those individuals who do really make out some manual trades on which sooner or later
as they do make out such engagement, they do hone up their skills on which it would really be that beneficial in the future.

We should not depend on others in investing and trading, we should do our own research and analysis. because if we have our own knowledge and skills we can maximize the profit we get by learning from the mistakes we make and trying to fix them. experience is very much needed so doing it yourself is better than following others.

I don't think it's right to depend on others for trading. Because if you don't have your own experience and idea about trading, you can never do anything good. So we have to start trading with our own thinking.  Nothing can be learned. Whenever you start trading depending on others, nothing good seems to be gained, so I think it is better to think and trade by yourself. Trading requires experience. If one does not have experience, he will never trade.  You will not get profit from it but will face loss.

[royalRitta]

Totally depends on a certain individual on which there would really be those people who do really wants to have that kind of progress in terms of their trading skills.
There are ones who would really be liking that they do just simply sit down and wait up for their profits while they are following someone but just like on what you have
said that you wont really be able to learn something from it in compared into those individuals who do really make out some manual trades on which sooner or later
as they do make out such engagement, they do hone up their skills on which it would really be that beneficial in the future.

We should not depend on others in investing and trading, we should do our own research and analysis. because if we have our own knowledge and skills we can maximize the profit we get by learning from the mistakes we make and trying to fix them. experience is very much needed so doing it yourself is better than following others.

I don't think it's right to depend on others for trading. Because if you don't have your own experience and idea about trading, you can never do anything good. So we have to start trading with our own thinking.  Nothing can be learned. Whenever you start trading depending on others, nothing good seems to be gained, so I think it is better to think and trade by yourself. Trading requires experience. If one does not have experience, he will never trade.  You will not get profit from it but will face loss.

I support you there.
Either way, when this person is gone, what would you be able to do in this case? Not much - and you want to be self-sufficient as much as possible in the market.

[Insanity]

I think beginners in crypto trading should start small. So that they can overcome the loss very easily. From my point of view, I would say that no one can ever succeed in anything without taking risks. So considering the possibility of losing, one should not lose patience with crypto trading. If you can get the right idea in crypto trading then it is definitely possible for you to reach the pinnacle of success.

[pieppiep]

I think beginners in crypto trading should start small. So that they can overcome the loss very easily. From my point of view, I would say that no one can ever succeed in anything without taking risks. So considering the possibility of losing, one should not lose patience with crypto trading. If you can get the right idea in crypto trading then it is definitely possible for you to reach the pinnacle of success.

The application of small steps in the aspect of crypto trading is wise since it helps the trader to build a base of understanding as well as experience risk management at the same time. Periodically, we will gain more experience in how best to manage the game plan in a fluctuating market so when the worst comes to the worst we are better placed to handle it . Thus, using crypto trading strategies can be compared to a combination of persistence and keeping one’s head when all the rules change and constantly learning from each attempt. Risk is a companion of Life and it is wise if approached with a positive mindset and a synthesizing mentality we can exchange what might be loss, with gain and triumph.