How to recover when you are down 90% of your portfolio?

[Aya]

Hey guys, my friends and I were down 90% of our crypto portfolio. We bought at the highs and we bought shitcoins. Now we are still down

This is a huge mistake. We must always buy on low so that when the price moves up, we can sell it and earn. Now that you and your friend lost 90% of your balance, you should replenish your account. Then change your trading strategy.

[Clausfx]

It is absolutely impossible to avoid risks when working in the market: risk and profitability are directly related, so the higher your expected return is, the higher the risk is, as a rule. Another thing is that the right trading strategy can significantly reduce them.

[ayazfx]

When you look at the returns required to get back to even after a stock market loss, the math of percentages highlights the damage a loss can do to your portfolio. ... 90 shows that, in this case, it would take an 11.1 percent gain to recover from

[Trader_Rob]

You should have a limit on how much losses you should only have. You must not keep trading when you know that you are already losing too much. When you've reached your limit, stop. Take a rest and trade on the next day.

[TraderBR]

I try to review my strategies and see what have I done.