Danger!! | Bitcointalksearch.org

BADecker

legendary

Activity: 3906

Merit: 1373

All of this depends on what a person lives with in his daily life.

If a person is a prepper, and lives off the grid, and never uses fiat or crypto, then he can trade them both without any real danger. The danger comes when you place your living into the equation.

If you are living off of bitcoin, and not off of fiat, then fiat is the investment. Bitcoin doesn't go up or down in value. Fiat goes up and down in value. If you are living off-grid, and you never use fiat for anything, then either one might be going up or down in your eyes.

Cool

Harpreetkaur

newbie

Activity: 49

Merit: 0

Yup. Ok got it... The best think is care about...

Ghild

newbie

Activity: 106

Merit: 0

Good thing you care about others. Well done

Ucy

sr. member

Activity: 2632

Merit: 403

Bisq is a Bitcoin Fiat Dex. Use responsibly

Your screaming headline is quite funny and hard to avoid.l
You made a good point. Greed is one of the main enemies of a trader. Little profit repeated many times in a day could be huge profits. Many traders are chasing after huge profit in a single trade.. . this usually results in quick failed trades and leave them disappointed.

Gioledal

newbie

Activity: 61

Merit: 0

This obvious things are extremely important and should be kept in my mind of every person

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Great read.

5% for short term or daily traders can be a good as perfect amount to profit. Sure there are lots of investments out there and risks that you should take must be tolerated, if not then leave it.

Taking a risk is essential to gain something but don't come up to that point that you have to risk everything and sacrifice others comfort.

akram143

full member

Activity: 1106

Merit: 166

★777Coin.com★ Fun BTC Casino!

Quote from: drwhobox on September 04, 2019, 08:59:37 AM

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.

Fiat never meant to be an investments so people who are having lot of money on savings account or FD they are losing their money slowly.

But investments means something which has productivity which either increase or decreases decides the prices for it.

peter0425

sr. member

Activity: 2618

Merit: 439

The answer is simple and has been said for how many years now.

“invest What you Can Afford to Lose”

That’s the only thing that matters in this thread.and I also believe that investing in crypto must not be focus to Gain and not to expect higher ,but what we need here is to understand what is cryptocurrency and what’s the purpose of Satoshi creating this.

Arkann

full member

Activity: 714

Merit: 104

Quote from: bitart on September 05, 2019, 05:00:34 PM

We can write a lot of advice here how to deal with cryptos, alts, bitcoin (or how not to deal with them...)
but unfortunately most of the everyday people don't have the financial knowledge even to trade with stocks responsibly (risk management, etc...) This will cause them to lose money in the end...
If they want to deal with cryptos, it's even worse...
Greed is a strong emotion and it's really hard to learn how to handle it properly...

It seems to me that the entire cryptocurrency market and the cryptocurrency user community themselves have become hostages of the situation, because they themselves are guilty of what happened. Before 2017, an active pr campaign was conducted regarding the popularization of cryptocurrency in society and a lot of new people who had neither experience nor knowledge rushed to earn using cryptocurrency. And if in 2016, even when participating in the Bounty companies, the income was sometimes very large, today a person who does not have enough knowledge will only receive losses in the cryptocurrency market.

bitart

hero member

Activity: 1442

Merit: 629

Vires in Numeris

We can write a lot of advice here how to deal with cryptos, alts, bitcoin (or how not to deal with them...)
but unfortunately most of the everyday people don't have the financial knowledge even to trade with stocks responsibly (risk management, etc...) This will cause them to lose money in the end...
If they want to deal with cryptos, it's even worse...
Greed is a strong emotion and it's really hard to learn how to handle it properly...

Oceat

sr. member

Activity: 2506

Merit: 368

I think people really need to read this if they don't know what risk bring in investing in this kind of market where there are whales who can control the outcome if they want to since it is an open market. That's why the market is always unpredictable no matter what TA and FA we use there is this kind of rally that will suddenly change everything but thanks to the news and article we still able to get a slight insight of the market.

lixer

hero member

Activity: 2646

Merit: 587

That is what we need to understand that the market has its own risk, but out of the risk, we can still bring out something meaningful from it, there is no business or program that does not have its risk, but we are still surviving in it, but most people that has survived risky businesses or investment are those that do not joke with their risk management tools.

From also what I can learn from this, we also should try to diversify, diversifying also limit the risk off us losing our money, when we diversify, we will surely see some of our investment cover up for our lapses in some of the other weak investment that we have chosen to invest in. I think this aspect of killing over money would not stop because we have some people that has just sold their heart to the devil already.

Onuohakk

member

Activity: 672

Merit: 29

To be more successful in live, you do have to take risk. Although investing in bitcoin is risky but taking that bold step to invest hugely will turn around your financial status. If you can be patient enough, you won't regret your actions

xvids

sr. member

Activity: 1176

Merit: 301

Quote from: antisocial77 on September 04, 2019, 08:27:47 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.

I agree don't trust the TA's they are just using you to pump their investment, And it is true don't be greedy small prpfit is enough take it and roll again.
And you are right most of the newbie's thinks that this is paradise because of the news that they've seen.
Investing in crypto as it is their easy way to be the next millionaire.
Most of them would only realize it when the bitter truth hits them hard.

bellaayu

member

Activity: 644

Merit: 10

All jobs are at risk and include investing in crypto. So you know the risk of course you will not be surprised if some time later suffered losses. In trading you should be able to control your emotions. Being a big and small investor must necessarily have a good strategy and be able to understand the market conditions.

Trading now does not expect a profit of 50% because it is very difficult. If you are already trading and your coins are already making a profit, it is better to decide to sell the coins

DamiOla

jr. member

Activity: 378

Merit: 1

Great post. Many people needs to see this and realize that crypto isn't getting rich in a day scheme. One thing I always tell newbies is to invest whatever they can lose and not lose sleep over in crypto because they can get rekt by all the FOMO that always going around.
We should realize everyone is looking out for themselves and will take care of their own interests before anyone else. So, do your own research, know when to get in and get out, and as OP says, greediness will lead you no where.

antisocial77

jr. member

Activity: 378

Merit: 4

Quote from: pooya87 on September 04, 2019, 09:43:44 PM

Quote from: antisocial77 on September 04, 2019, 08:27:47 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).

Yes, if it helps to newbies, best tactic for fomo is set stop-loss to up step by step.after a while you will be guarentee the profit, rest is up to a person.

Saisher

full member

Activity: 2324

Merit: 175

Quote from: ?? on ??

In other words, don't put all your eggs in one basket.

Not only that he should not fall to programs that offer a high return of investment, But Cryptocurrency has also become a playground of scammers and many kinds and forms of investment, so do not believe in everything that comes your way, analyze it and do your own research and always diversify.

Leonardo7

member

Activity: 686

Merit: 15

In a volatile market like this, we get a lot of expert predictions, but most times in their private lives they don't use the signal they dish out to the public because they don't even know if it will be successful. Sticking to a strategy that works is very important and not following too many masters.

McNab

newbie

Activity: 18

Merit: 0

Quote from: antisocial77 on September 04, 2019, 08:27:47 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.

With the times and experience everybody know this. Those who don't know will only learn with experiences.

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

Quote from: antisocial77 on September 04, 2019, 08:27:47 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, 08:27:47 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

Merit: 816

🐺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

Merit: 10611

Quote from: antisocial77 on September 04, 2019, 08:27:47 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, 02:57:23 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

Activity: 3150

Merit: 1125

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.

Topic: Danger!! (Read 374 times)