Post
Topic
Board Trading Discussion
Re: What to do if you lose $2,000 in trading?
by
cicciobtc
on 22/02/2018, 23:22:47 UTC
If you lose $2,000 worth of cryptocurrency, then there is a problem to you. Check first yourself if you have capability in trading because if you will continue what will you do, it may lead to total bankruptcy. Unless, you are a millionaire.
Trading is a risky way of earning, you may gain or lose money. If you will enter the world of trading, be wisely and knows every side wether dump or pump of the coins you hold.
If you're taking major losses constantly, then yes, it is definitely time re-evaluate your trading habits.

However, a 2,000 loss often isn't that big of a deal. For example, I think most traders lost over 2k during the recent correction, but most of us still believe the prices will increase eventually.

sometimes it is normal that there are losses it is impossible to always make profit.
 If instead the losses are the rule then there is some problem!
if the $ 2,000 was all the capital invested then it is necessary to study a bankroll management plan and above all a mindset management