Danger!! - page 2. | Bitcointalksearch.org

harizen

legendary

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Quote from: antisocial77 on September 04, 2019, 07:27:47 AM

~snipped~

In other words, a serious approach is needed once anyone tests the waters risking money in crypto.

Generally, the majority of those people especially newbies who got wrecked are those who think that earning money in crypto is just easy as 1,2,3. No such thing as learning the basics, understanding the risk, practicing and testing strategies are done.

Honestly, with a serious approach and dedication to pursue a goal of getting a decent return on crypto, we can have a positive result. Losing is part of trading and that's usual. However, if one can able to minimize it and maintain winning stats, then surely they will have a good run.

Darker45

legendary

Activity: 2576

Merit: 1860

Quote from: antisocial77 on September 04, 2019, 07:27:47 AM

First of all, i feel i have to open that topic because i read and seen many news about who lost money.i know there are similar topics but nobody read them anymore.maybe they read this.
Crypto markets, forex, any investment, they are all very risky.people should understand that we are just a small players and million dollar investers run the markets.so never trust anyone or never trust your TA %100. If you play like a small player you can win.dont be greedy.dont run after %30-40.even %5 profit is quite enough for most of the time.we can talk about more but not necessary.all of us know those but we dont use them.
Short history of long, here is not a paradise, there is no easy money in the world.so dont get killed yourself, dont lose your all money, dont lose your family's, kid's money.dont exit the market but play it with minimum amoumt and minimum risk.
If even one friend read this and decided to invest like i told and save his/her money then this topic reach its goal.
Money is necessary but its not everything and its not a key of peace and happiness.thank you for reading, best wishes.

In the world of business and finance, there is always a direct correlation between risk and profit. Investments with higher risks should have higher returns as well. The risks should correspond to the potential ROI, and vice versa. But this should not be the same mindset that ordinary people adopt. Unlike them, the rich investors will not become poor with a couple of failed investments. Their life will continue as smooth as they used to be. But for poor people like me, a failed investment might mean putting off my once-a-year vacation, or worse delayed house rental and bills payment. The effect is immediate as it is significant.

We need to satisfy ourselves with doing buy and sell in the safest way possible. Never mind the small profit for as long as they are regular and safe. Let us not try to reach for the sun immediately. With our very limited assets, it only takes a single Icarus act for all of them to perish and us becoming destitute.

michellee

hero member

Activity: 2604

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🐺Spinarium.com🐺 - iGaming casino

If we talk about trading, there will always be a risk for every people. We have to take attention on how to prevent the risk so we can get a solution in every time we have seen the risk. In trading, I think it is better to take any profit as we can than to wait or chase a bigger profit because that will be difficult to get as in trading, we don't know the next situations.

Don't be greedy will be the best advice to us, so we don't have to force ourselves to try to get more profit. I am sure that at

jcmum

newbie

Activity: 1

Merit: 0

I think investment is an art, risk control is always more important than income.

pooya87

legendary

Activity: 3472

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Quote from: antisocial77 on September 04, 2019, 07:27:47 AM

dont be greedy.dont run after %30-40.even %5 profit is quite enough for most of the time.

this is a very good point which i usually tell others too but i wouldn't say any percentages though. because whether it is 5% or 30% or even 150% depends on the situation a lot. for instance there are times when in the altcoin market they are pumping some shitcoin up fast and it is obviously going up a lot, getting out in 5% is not a good idea and it doesn't necessarily have to be greediness to wait either. it comes down to analysis of the market and speculation.
additionally you can always both get in and get out incrementally. meaning you buy multiple times at different prices (eg. buy at 1500 sat, 1550, 1600) and dump multiple times at multiple prices (eg. 1600, 1700, 2000 satoshi).

leftgirly

jr. member

Activity: 132

Merit: 3

First of all, it does not make economic sense to put all your funds in one particular business or enterprise. Life itself is full of amazing adventure that comes with risks. Am always of the opinion that taking a calculated risk is the best way to achieve some success in life.

UstadSoleh

member

Activity: 476

Merit: 10

Be aware that cryptocurrencies are at risk so you should remain cautious.

You must be able to control the emotions because greed will not bring you the door of victory. Such conditions often occur during trading. Buyers tend to want huge gains, when viewed they are already taking advantage, but the coin is not immediately sold. So the coin prices dropped and they panicked then sold the coins in declining conditions. My advice, if the coin that you buy the price has gone up and you get a profit, it is better soon to be sold.

Bountyhonter

member

Activity: 406

Merit: 10

Investments are about taking risks it's left for you to decide if it's worth it or not.

Anyone burrowing money or using his/her life earnings into a single investment lacks wisdom and doesn't deserve to be pitied.

nicecrypto

member

Activity: 1260

Merit: 21

Quote from: Slow death on September 04, 2019, 01:57:23 PM

I feel I need to say this:

I am very shocked by the threads of altcoins, it is unbelievable the level of optimism that people have in the threads of altcoins. Altcoins are dying, some are down 50% from bitcoin and in less than 4 months. But there are still people who believe in bull run of the altcoins. this I don't understand it seems like they like losing money

The problem with the crypto world is the ingenuity and fanaticism that some people have for the altcoins... there must be limit to someone hold... it's not possible that people, can not see when a boat is sinking

Patience is a virtue not many people possess, btc is 10yrs and alts is how old? Ask yourself that before you start to loss hope already on something that have barely gotten their feet on the ground, you can always stick to btc so you don't loss your money, it feels much safer.

Slow death

legendary

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Leading Crypto Sports Betting & Casino Platform

I feel I need to say this:

I am very shocked by the threads of altcoins, it is unbelievable the level of optimism that people have in the threads of altcoins. Altcoins are dying, some are down 50% from bitcoin and in less than 4 months. But there are still people who believe in bull run of the altcoins. this I don't understand it seems like they like losing money

The problem with the crypto world is the ingenuity and fanaticism that some people have for the altcoins... there must be limit to someone hold... it's not possible that people, can not see when a boat is sinking

Duzter

sr. member

Activity: 1092

Merit: 256

Leading Crypto Sports Betting & Casino Platform

What Op has stated is truth, myself never realized the value of money. Through gambling I lost all my funds, now I was in almost $5000 debt. If I've kept the fund that I lost through gambling I could've spend at least few years peacefully. Now every minute I need to run for the next days food. Now it's too late for me to understand the mistake that money is not everything.

antisocial77

jr. member

Activity: 378

Merit: 4

I agree about stop loss but it doesnt work sometimes even at bitcoin.they destroy long or shorts then start fomo to opposite side.We save the money but cant get profit.

pundit

full member

Activity: 868

Merit: 104

In any financial market " Money saved is money earned". For some months of investing if you are even able to survive in the market then think you have earned a fair amount. Be it crypto market, forex market or any other financial market every investor should invest amount with a calculated risk, taking big risk always lead to burning of account nothing else.
I appreciate thread starter effort to make people aware of market risks. I hope everyone read it and implement into their real time trading/investment.
Some core points which needs to be followed in financial markets.
1. Never invest the money which you cannot afford to lose.
2. Always trade without SL, market is always there but if account is lost it will never come back.
3. Keep emotions, greed and fear aside while investing/trading.

Its all your hard earned money do not lose it.

drwhobox

full member

Activity: 756

Merit: 133

- hello doctor who box

I think fiat is riskier than anything else. Today a 100 dollar will worth not even 50% of it's value after 20 years or earlier than that.

Dollar is not backed by anything, they can print as many dollar as they need/want. And other currencies are backed by Dollar. How long you think this system will sustain?

Invest all your money in something that had market demand and will have constant value. For me I found Bitcoin and gold. Property is another option but still it has risk.

antisocial77

jr. member

Activity: 378

Merit: 4

First of all, i feel i have to open that topic because i read and seen many news about who lost money.i know there are similar topics but nobody read them anymore.maybe they read this.
Crypto markets, forex, any investment, they are all very risky.people should understand that we are just a small players and million dollar investers run the markets.so never trust anyone or never trust your TA %100. If you play like a small player you can win.dont be greedy.dont run after %30-40.even %5 profit is quite enough for most of the time.we can talk about more but not necessary.all of us know those but we dont use them.
Short history of long, here is not a paradise, there is no easy money in the world.so dont get killed yourself, dont lose your all money, dont lose your family's, kid's money.dont exit the market but play it with minimum amoumt and minimum risk.
If even one friend read this and decided to invest like i told and save his/her money then this topic reach its goal.
Money is necessary but its not everything and its not a key of peace and happiness.thank you for reading, best wishes.

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