So in trading how do you deal with loss? For example you've invested in an alt and now it has fallen quite hard and you're on the brink of losing all your bitcoin you invested in it.
How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?
It depends on the investment. If you see it will continue to go down, selling is the best thing to do. But if this is a solid investment, you have to be patient and wait for a rebound.
The difficult thing to do is not to act emotional in such events, and there are simple things that might help you. One of them is something that many people already know, but they underestimate the importance of it... which is never invest what you can't afford to lose, so when the prices fall, chances are lower that you panic sell.