How do you all move on from crypto losses?
How do you all move on from crypto losses?
How do you all move on from big losses? I have had multiple losses on both crypto and forex currencies trading, but the crypto one is driving me mad. I have been trading future and spot. Some of the coins I had for spot trading are trailing at – 80% and I can’t seem to move past it. Having waited for almost two years for the coins to pump but they just dip more, I am wondering I should just give in, take the loss and focus on other things.
Took me 2+ years to finally admit that my losses were realized losses. During that time I kept trying to revenge trade and lost more than double what I would’ve lost if I had just accepted it. Being unwilling to accept daily losses ends up becoming a big (5 fig) loss, and if you don’t accept that then you start trying to revenge trade.
If your original investment case isn’t solid anymore I would move on. If you still believe in the product I would keep it and write it off in my mind.