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How do you react when you lose money investing in crypto?
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[QUOTE="btaliat, post: 239117, member: 26390"] No one will feel okay losing money. In fact people will feel dejected. Personally I have lost money in crypto before as well. I have involved myself in bad trade which makes me lose some of my money. The only thing about me is that I allow everything to teach me lesson. And ever since that loss, I have been trying my best to learn the rudiments of how not to lose again. I have learnt the risk management involved. I have learnt that most people are being affected by two major factors while it comes to crypto. The first thing is that we do fear of losing. So most time when the price comes down against our expectation especially in the spot trading, people tend to involve in panic selling. They sell off their coins not minding the loss. I have tried to curb myself on this. I do leave my coin no matter the percentage of loss it may incur. Another factor that allows for loss is the fact that we are naturally greedy. We always want to make more than we desire. Most time even when we have met with our target, we still want to make more until the trend start going downward and we begin to lose all what we have gained. [/QUOTE]
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How do you react when you lose money investing in crypto?
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