Good day my follow member of tron fan club,how are we doing, one factor which determines how far or how well a person does in a business is "loss",if one seems to be making more loss than profit then basically that business is falling or of no benefits,this aspect also applies to crypto investors.
[Source](https://pixabay.com/illustrations/dices-over-newspaper-profit-2656028/)
So when highlighting about life in general,loss is a is inevitable, that also applies in crypto investment.
**How to react when faced with loss**
The way we react when we face loss matters alot because this is what shows whether we are really understanding the market or just falling into another trap.loss in crypto investment is an inevitable threat but it can be manged or reduced to the bear rest minimum.
after facing a loss the best thing there is to do is to first of learn from your mistake,where you got it wrong,why it turned out how it did,then take some positives and recoup from there.it is very vital that we learn how to manage losses in other not to miss a great opportunity because of fear of failure.
[source](https://pixabay.com/photos/currency-finance-business-wealth-3077534/)
**How do we manage or reduce losses**
Losses are a very big pathway to being a great investors in any aspect of trading or life but what really determines it is how you manage it ,the most successful investors learn from their mistake,in such essence they do not repeat it again,and it is always advised to perform a post trade analysis to know what to do next . Another way to help oneself to manage with loss is to keep a trade log,this log helps one to see what was working for when he was successful in a previous trade , knowing if you to implement or add a little advances and go for it . another thing is don't always rush the market before making an investment first of compare with your last action ,scale up and scale down then hit it at the most favourable time, another considerable action to take in order to manage or prevent loss is having a backup,plan B or any other investment,it is always wise and adviced not to put all eggs in one basket,so when we have a plan B it helps Incase if the first doesn't work out as planned.the aim is not to discourage but to make us aware of the inevitable,which give us a head start over it .
Thanks for reading.......
