Do you love and enjoy taking risk? - page 3.

savetheFORUM

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Quote from: shinratensei_ on October 07, 2023, 06:57:45 PM

Quote from: rhomelmabini on October 07, 2023, 12:36:38 PM

I think a few altcoins will survive without Bitcoin but sure it will create some chaos if ever Bitcoin dies which I think will not happen, not even in a decade from now. I don't think it will dried up if it's on spot, maybe you've decided to try futures market without some knowledge behind it, that's too risky to take. Lesson learn try spot market and hold those coins/tokens, you have the best position now for the next bull market.

if bitcoin suddenly collapsing i have firm believe that the other altcoin also will collapse. why? simple, its because bitcoin is like the brand of cryptocurrency, its like the reason why people invest in the first place.
when bitcoin is collapsing, everyone would lose trust in other altcoin fearing that it will also collapse, remember the ftx collapse? quite literally any coin that was previously backed and invested by ftx heavily hardly could rise nowadays because people already don't believe these coins anymore.
therefore if bitcoin collapsing, every coin will at least lose 90% of its value until eventually many abandoned them.

What makes you think that other cryptocurrencies won't completely collapse if Bitcoin collapses? I don't see any possibility for any altcoin to survive in case Bitcoin goes to zero all of a sudden which isn't possible but we are talking theoretically here. The reason for that is the whole market is basically dependent on Bitcoin, we can clearly see that the market goes up or down with Bitcoin whenever it moves, and it is also the pillar of the cryptocurrency universe.

People basically invest in altcoins because they want to diversify their investments and not because they don't trust or like Bitcoin, and if they see that Bitcoin is collapsing, they will basically dump their altcoins first before they get an opportunity to sell their Bitcoins, so altcoins will collapse first.

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Quote from: Benedictare on October 10, 2023, 01:04:12 PM

Taking risk is good for something worthy like the Bitcoin and altcoin investment, risk has to do with the degree of uncertainty, endangering or putting your life, investment or your finances in a balance (scale) and the implications you wil be involved .

In these aspect of investment that has to do with Bitcoin and cryptocurency risk taking is very important and necessary, when we take risk in whatever we want to do we come out triumphantly,but because some persons are scared been involved in it, they remain stagnant in life.

I'm not sure I got your point. Your explanation seems a bit complicated. Undecided

In crypto, we surely have 2 options, investing in Bitcoin and altcoins. Both of them have high risks, that's because crypto investment is high risk. There is no way to avoid risks if we want to invest in crypto (Bitcoin, altcoins). If we don't want to take high risk, just choose other investments! But as far as I know, no investment has no risk.

I agree that a person who doesn't want to take risk, probably hard to succeed. It is because he doesn't want to face the challenges, he only wants a safe thing. In crypto, it actually offers higher profits but it also has high risks. A person who doesn't want to take risks, will never get big profits in crypto. It is very unfortunate that the fear becomes an obstacle to success.

milewilda

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Quote from: Zee27 on October 05, 2023, 02:32:27 PM

Quote from: lixer on October 03, 2023, 01:03:29 AM

Quote from: AnonBitCoiner on September 29, 2023, 01:39:19 PM

Quote from: rony01941 on July 09, 2023, 07:42:33 AM

Crypto is overall unpredictable not only Bitcoin, no risk no gain, if you want to profit then you have to must be taken risk.
Investing in Bitcoin it have bright future but not all altcoins are potential for future. What's the future you see in luna,doge and tron, these are you already invested?

Risk is Not specific with only crypto but is available in every business but we have invest in the place where we think that oir investments will me more safe than other place. This is why it is callled that do your own research. There are many metal available but Gold is considered more safe and profitable. similarly many currency available but USD is considered safe and profitable so same in the crypto also. Bitcoin is safe coin so far and whenever we talk about risk so our mean is to invest in new or meme coins which rise and drop chances are much high. we 1000$ become 10000$ in some days or drop to 100$. At once I remembered that these mentioned coins were considered high profitable coins.

Some people think that taking risks is fun, but it's all fun and games until you lose all your money or face extreme consequences, that is the reason why we always look for ways to mitigate the risks as much as possible so that we can achieve what we are desiring for without having to worry about facing any losses whether it's trading or anything else in life. So, there is nothing wrong if someone tries to find a place where the risk will be low compared to others.

They also say that when there is high risk, there will be a higher reward as well but what's the point of having unnecessary tension when you can get some profits without having to make your blood pressure go high? So, I never take very high risks, especially if it involves finances because it's not easy to earn money so losing it is hard, for sure.

You're absolutely right. I'm also really careful with the severity of risk I'm willing to take. I split my investment funds into two, 70% are into some investment products like the newly introduced Snow ball investment product on Bitget,where I'm sure that my capital won't be tempered with, and a daily interest percentage. The other 30% I trade with on some coins with less volatility.

Doesnt matter on where you would really be making yourself that get involved as long you would really be able to get some gains or simply would really be benefiting you out then this is what matter the most because the main aim or goal that we do have on this market is to make money and on whatever ways or methods as long it do fits out on what we do have in mind then this is what makes it important. Sustaining this volatile market is really that our main target and we know that not all would really be that successful on this field and this is why some people doesnt really that taking up that risks and just simply holding it and never make out some active engagement towards their investment but rather sitting idle.

In my case, which if i do enjoy taking up that risks? As if there are other choice? if you are really that having plans on trying to get or make money then you would really be needing to take risks for you to step forward
because if you dont then you wont really be seeing this to be that progressive and this is something that we dont really like to see. You would be needing to take action for you to be able to
see such situation or chances for you to be able to get that chance.

Benedictare

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Taking risk is good for something worthy like the Bitcoin and altcoin investment, risk has to do with the degree of uncertainty, endangering or putting your life, investment or your finances in a balance (scale) and the implications you wil be involved .

In these aspect of investment that has to do with Bitcoin and cryptocurency risk taking is very important and necessary, when we take risk in whatever we want to do we come out triumphantly,but because some persons are scared been involved in it, they remain stagnant in life.

shinratensei_

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Quote from: rhomelmabini on October 07, 2023, 12:36:38 PM

Quote from: Godlovesyou on March 22, 2023, 11:43:39 AM

What future do we really hope for altcoins without bitcoin?

I think a few altcoins will survive without Bitcoin but sure it will create some chaos if ever Bitcoin dies which I think will not happen, not even in a decade from now. I don't think it will dried up if it's on spot, maybe you've decided to try futures market without some knowledge behind it, that's too risky to take. Lesson learn try spot market and hold those coins/tokens, you have the best position now for the next bull market.

if bitcoin suddenly collapsing i have firm believe that the other altcoin also will collapse. why? simple, its because bitcoin is like the brand of cryptocurrency, its like the reason why people invest in the first place.
when bitcoin is collapsing, everyone would lose trust in other altcoin fearing that it will also collapse, remember the ftx collapse? quite literally any coin that was previously backed and invested by ftx heavily hardly could rise nowadays because people already don't believe these coins anymore.
therefore if bitcoin collapsing, every coin will at least lose 90% of its value until eventually many abandoned them.

forexandcryptoauditor

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I was loving and enjoying taking risks until I ended up in a situation like yours. At least the game is not for me. There is no hard thing to do to take the risk, or even anyone can take the risk. The question is: who is capable of managing the same? That person is actually the trader. Risk management is the prime factor while trading in cryptocurrencies. If we don't do proper risk management( deciding how much profit or loss to take and adhering to it strictly), we may end up at a huge loss.

rhomelmabini

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Quote from: Godlovesyou on March 22, 2023, 11:43:39 AM

What future do we really hope for altcoins without bitcoin?

I think a few altcoins will survive without Bitcoin but sure it will create some chaos if ever Bitcoin dies which I think will not happen, not even in a decade from now. I don't think it will dried up if it's on spot, maybe you've decided to try futures market without some knowledge behind it, that's too risky to take. Lesson learn try spot market and hold those coins/tokens, you have the best position now for the next bull market.

irsykes

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Quote from: fmz89 on October 07, 2023, 10:26:15 AM

Quote from: Godlovesyou on March 22, 2023, 11:43:39 AM

Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.

What future do we really hope for altcoins without bitcoin?

altcoin need bitcoin to coexist, or became token/emoney. well its normal if got burned in first ride, while you posting here its meant you have intention to learn from your mistake
today to many coin makes investor really hard to put their money in right spot. atleast you put in bear market which is you might gain later when bull hit the peak Wink

just wait for the time when bitcoin reacts to a significant pump in time, putting money to invest in bear season is very good for the long term but have to be patient. therefore we have to use cold money or adjust the allocation for other things. and To avoid something undesirable if there is a further deepening of the altcoin market, we still have a second chance. put the money into an altcoin that already has a large rank of 50/20 and above

fmz89

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Quote from: Godlovesyou on March 22, 2023, 11:43:39 AM

Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.

What future do we really hope for altcoins without bitcoin?

altcoin need bitcoin to coexist, or became token/emoney. well its normal if got burned in first ride, while you posting here its meant you have intention to learn from your mistake
today to many coin makes investor really hard to put their money in right spot. atleast you put in bear market which is you might gain later when bull hit the peak Wink

Zee27

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Quote from: lixer on October 03, 2023, 01:03:29 AM

Quote from: AnonBitCoiner on September 29, 2023, 01:39:19 PM

Quote from: rony01941 on July 09, 2023, 07:42:33 AM

Crypto is overall unpredictable not only Bitcoin, no risk no gain, if you want to profit then you have to must be taken risk.
Investing in Bitcoin it have bright future but not all altcoins are potential for future. What's the future you see in luna,doge and tron, these are you already invested?

Risk is Not specific with only crypto but is available in every business but we have invest in the place where we think that oir investments will me more safe than other place. This is why it is callled that do your own research. There are many metal available but Gold is considered more safe and profitable. similarly many currency available but USD is considered safe and profitable so same in the crypto also. Bitcoin is safe coin so far and whenever we talk about risk so our mean is to invest in new or meme coins which rise and drop chances are much high. we 1000$ become 10000$ in some days or drop to 100$. At once I remembered that these mentioned coins were considered high profitable coins.

Some people think that taking risks is fun, but it's all fun and games until you lose all your money or face extreme consequences, that is the reason why we always look for ways to mitigate the risks as much as possible so that we can achieve what we are desiring for without having to worry about facing any losses whether it's trading or anything else in life. So, there is nothing wrong if someone tries to find a place where the risk will be low compared to others.

They also say that when there is high risk, there will be a higher reward as well but what's the point of having unnecessary tension when you can get some profits without having to make your blood pressure go high? So, I never take very high risks, especially if it involves finances because it's not easy to earn money so losing it is hard, for sure.

You're absolutely right. I'm also really careful with the severity of risk I'm willing to take. I split my investment funds into two, 70% are into some investment products like the newly introduced Snow ball investment product on Bitget,where I'm sure that my capital won't be tempered with, and a daily interest percentage. The other 30% I trade with on some coins with less volatility.

AnonBitCoiner

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Quote from: lixer on October 03, 2023, 01:03:29 AM

Some people think that taking risks is fun, but it's all fun and games until you lose all your money or face extreme consequences, that is the reason why we always look for ways to mitigate the risks as much as possible so that we can achieve what we are desiring for without having to worry about facing any losses whether it's trading or anything else in life. So, there is nothing wrong if someone tries to find a place where the risk will be low compared to others.

The risk taking journey started from the fun and than slowly turn into regret. Initially one has more money and enjoy to take risk with 10% and when the loss occurz he tried to recover loss and at last time arrives when portfolio become zero. There is no token we could say that there is zero risk in investing in this coin but yes we should look for coin where we persue our goal with minimum risk as we can.

I concur that taking high risk will create tention and we will check token price after every five minutes which also affect our health. The best approach is to invest in coins where profit is expected with low risk without any headache.

lixer

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Quote from: AnonBitCoiner on September 29, 2023, 01:39:19 PM

Quote from: rony01941 on July 09, 2023, 07:42:33 AM

Crypto is overall unpredictable not only Bitcoin, no risk no gain, if you want to profit then you have to must be taken risk.
Investing in Bitcoin it have bright future but not all altcoins are potential for future. What's the future you see in luna,doge and tron, these are you already invested?

Risk is Not specific with only crypto but is available in every business but we have invest in the place where we think that oir investments will me more safe than other place. This is why it is callled that do your own research. There are many metal available but Gold is considered more safe and profitable. similarly many currency available but USD is considered safe and profitable so same in the crypto also. Bitcoin is safe coin so far and whenever we talk about risk so our mean is to invest in new or meme coins which rise and drop chances are much high. we 1000$ become 10000$ in some days or drop to 100$. At once I remembered that these mentioned coins were considered high profitable coins.

Some people think that taking risks is fun, but it's all fun and games until you lose all your money or face extreme consequences, that is the reason why we always look for ways to mitigate the risks as much as possible so that we can achieve what we are desiring for without having to worry about facing any losses whether it's trading or anything else in life. So, there is nothing wrong if someone tries to find a place where the risk will be low compared to others.

They also say that when there is high risk, there will be a higher reward as well but what's the point of having unnecessary tension when you can get some profits without having to make your blood pressure go high? So, I never take very high risks, especially if it involves finances because it's not easy to earn money so losing it is hard, for sure.

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Quote from: Xampeuu on October 02, 2023, 02:42:21 AM

Quote from: Wiwo on September 30, 2023, 01:33:05 PM

Quote from: Godlovesyou on March 22, 2023, 11:43:39 AM

Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.

What future do we really hope for altcoins without bitcoin?

First what do you mean by Bitcoin is unpredictable, don't you know that altcoin is more unpredictable than Bitcoin and in fact bitcoin is the best choice of investment among all other cryptocurrencies and for me, altcoin is only for the gambling and nothing more, anyway the coin you trying to promote may give you 10x returns who knows.

But also know that you can lose all your investment in that coin if it turns out to be a scum shitcoin in the market tomorrow so yeah risk.l risk anyways is either you lose or you gain.

I think we have to be friendly with risk, where it's not just profit that we always take into account, where if something undesirable happens then we are not ready to face it. Therefore, there is a need for risk management, where we have to be good at controlling ourselves from greed and still think clearly when deciding where to invest.

Yes having a risk management plans before diving into altcoin or any other form of investment is very important but more important when you are not taking only risk but gambling with your investments because doing so puts you in a more intense risk position and at some point you will have to abide with the situation whether you like it or not.

So it important to put everything in the category, and in so doing we have to place priority on the level of risk and capital assurances in each of our decision processes as far as investment is concerned.

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Quote from: Wiwo on September 30, 2023, 01:33:05 PM

Quote from: Godlovesyou on March 22, 2023, 11:43:39 AM

Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.

What future do we really hope for altcoins without bitcoin?

First what do you mean by Bitcoin is unpredictable, don't you know that altcoin is more unpredictable than Bitcoin and in fact bitcoin is the best choice of investment among all other cryptocurrencies and for me, altcoin is only for the gambling and nothing more, anyway the coin you trying to promote may give you 10x returns who knows.

But also know that you can lose all your investment in that coin if it turns out to be a scum shitcoin in the market tomorrow so yeah risk.l risk anyways is either you lose or you gain.

I think we have to be friendly with risk, where it's not just profit that we always take into account, where if something undesirable happens then we are not ready to face it. Therefore, there is a need for risk management, where we have to be good at controlling ourselves from greed and still think clearly when deciding where to invest.

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Quote from: AnonBitCoiner on September 29, 2023, 01:39:19 PM

Quote from: rony01941 on July 09, 2023, 07:42:33 AM

Risk is Not specific with only crypto but is available in every business but we have invest

yes it is, though many says this is more riskier yet I dont think it is truly the thing .
because in all forms of living there is a risk not only in crypto but even in all forms that we need to engage specially when there is money involved.
even in buying our things we are risking our money and trust so why keeping crypto on the top of riskiest ?
Bitcoin also safer from more than 10 years now so as other altcoin not unless we are talking about shitcoin and scams

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Quote from: Godlovesyou on March 22, 2023, 11:43:39 AM

Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.

What future do we really hope for altcoins without bitcoin?

First what do you mean by Bitcoin is unpredictable, don't you know that altcoin is more unpredictable than Bitcoin and in fact bitcoin is the best choice of investment among all other cryptocurrencies and for me, altcoin is only for the gambling and nothing more, anyway the coin you trying to promote may give you 10x returns who knows.

But also know that you can lose all your investment in that coin if it turns out to be a scum shitcoin in the market tomorrow so yeah risk.l risk anyways is either you lose or you gain.

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Quote from: rony01941 on July 09, 2023, 07:42:33 AM

Crypto is overall unpredictable not only Bitcoin, no risk no gain, if you want to profit then you have to must be taken risk.
Investing in Bitcoin it have bright future but not all altcoins are potential for future. What's the future you see in luna,doge and tron, these are you already invested?

You are right that all cryptocurrency is an unpredictable exploit; only Bitcoin is not dynamic of predication. And the main reason for this is the volatility in the market, which causes loss, but I think the loss that occurs due to the volatile nature of the market depends on the person who invests when, what, and in what coin. If he monitors it in a good way, that means waiting for the opportunity by making the time a subject, entry, or exist at a good time and booking the profit, then it proves to be profitable for him.
I believe that the most authentic and important way to reduce risk is by using the dollar cost average (DCA), which potentially reduces your risk involvement. It is necessary for those who enter the market, whether it is from the point of view of investment or from the point of view of trading. Which helps reduce losses by diversifying your portfolio.

shinratensei_

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Quote from: Dessy88 on July 08, 2023, 01:43:38 PM

Future btc will be alive so remove this from your thoughts because these uncertain thoughts will prevent you from investing. Also if you don't invest in crypto then you have no results here. You should research about the moving market and invest in the right token which the experts people always do.

true its no brainer that bitcoin with market capitalization nearing trillion dollars, well half of it, will persists, when in bearish season like this people might always question whether cryptocurrency could survive, it definitely could survive, but also the trend will be grim a little bit and after a while when time passed and trend change finally arrived things will be different.
so many people are afraid of bearish even forcing cut loss doesn't realize that back in the past we've had the same exact situation and those that persists and hold on into their investment are having massive profit
when bitcoin reaching all time high around near $100k.

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Quote from: AnonBitCoiner on September 29, 2023, 01:39:19 PM

Bitcoin is safe coin so far and whenever we talk about risk so our mean is to invest in new or meme coins which rise and drop chances are much high. we 1000$ become 10000$ in some days or drop to 100$. At once I remembered that these mentioned coins were considered high profitable coins.

I wouldn't advice people that get into meme coins or the new ones. IF we're talking about how risky investing to bitcoin based on its volatility, these are more of those.
The newer ones are very highly volatile because they get a lot of pump and dump. While the meme coins, they're also a lot of it and you're unsure if they're the best to invest with.
In the end, both of them are high risk and could do pump and dump so if you're into those and you're making, get that profit as early as you can because it's not guaranteed the next day as the market could drop fast with those.

AnonBitCoiner

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Quote from: rony01941 on July 09, 2023, 07:42:33 AM

Crypto is overall unpredictable not only Bitcoin, no risk no gain, if you want to profit then you have to must be taken risk.
Investing in Bitcoin it have bright future but not all altcoins are potential for future. What's the future you see in luna,doge and tron, these are you already invested?

Risk is Not specific with only crypto but is available in every business but we have invest in the place where we think that oir investments will me more safe than other place. This is why it is callled that do your own research. There are many metal available but Gold is considered more safe and profitable. similarly many currency available but USD is considered safe and profitable so same in the crypto also. Bitcoin is safe coin so far and whenever we talk about risk so our mean is to invest in new or meme coins which rise and drop chances are much high. we 1000$ become 10000$ in some days or drop to 100$. At once I remembered that these mentioned coins were considered high profitable coins.

Topic: Do you love and enjoy taking risk? - page 3. (Read 1868 times)