Do you love and enjoy taking risk? - page 6.

mdzahed134

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Quote from: Godlovesyou on March 22, 2023, 12:43:39 PM

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?

Since you think BTC is unpredictable, so you know also altcoins will be definitely risky and unpredictable. I think you should avoid meme coin as like BabyDoge, don’t put large amount of money in such coin also luna isn’t good investment. You can buy only BTC & hold it long term without risk.

peter0425

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Quote from: Godlovesyou on March 22, 2023, 12:43:39 PM

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?

Do you really love taking risk or you are just oo greedy person that loves to risk because of over expectations?
You invested in almost shitcoins, and not that you are almost drained wanting us to give answer?
Are you finding reason to blame for?

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Quote from: kapalmabur on May 01, 2023, 09:58:36 AM

True and even though it has the risk of losing money but the decision was not made haphazardly,
by deciding to invest in the long term, of course we make decisions by considering many things,

Long-term has proven to be one of the best despite being the slowest but it's also going to depend on the choice you've got. You're long term but if the coin you're holding is wrong, that's nonsense and useless.

Quote from: kapalmabur on May 01, 2023, 09:58:36 AM

There will always be risks and they cannot be completely avoided.

And from there, we're all learning and those heartbreaks that we get from those risks if they're unsuccessful is fine. But the lesson that it gives back is more than what we need to learn after this market.

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Quote from: mich on May 01, 2023, 05:56:25 AM

I think we all enjoy taking a risk if we are investing in crypto. With so many times we lose our profit and then we make it back there is so much risk involved. We do not know if our coins will lose all of its value or if they will be worth nothing for in the future.

The traders I feel take less risk. They make these trades and then they will cash their coins for fiat. But it is us long term hodlers who enjoy taking this risk. In 5 years from now my coins might be worth nothing or I will have huge profits. That is a risk I know I am taking and a risk I like.

Risk is normal but the emotion that we feel are mostly worried rather than being happy because when we say to take risk, there is always the possibility of losing money. There is also excitement because like you said, we can lose and then recover back our money.

It was like a roller coaster ride but when that happen, I think some people will never continue taking risks. They will stop for a while and consider that as a close call. If we are talking about BTC, ETH and other old top coins, I don't think they will lose all their value in the future but this doubt only applies to weaker coins. Traders does not take less risk but what they are doing is actually more risky than what investors do but in terms of profits, investors don't get left behind.

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Quote from: mich on May 01, 2023, 05:56:25 AM

I think we all enjoy taking a risk if we are investing in crypto. With so many times we lose our profit and then we make it back there is so much risk involved. We do not know if our coins will lose all of its value or if they will be worth nothing for in the future.

The traders I feel take less risk. They make these trades and then they will cash their coins for fiat. But it is us long term hodlers who enjoy taking this risk. In 5 years from now my coins might be worth nothing or I will have huge profits. That is a risk I know I am taking and a risk I like.

I think that's not that simple, traders do take a risk by trading and yet if they are wrong too many times in a row then they are going to lose so much. I feel like we should not be really considering investment harder or more difficult, if you invest into something simple, such as bitcoin then you will be doing a lot better and the results will be much better as well. Hopefully it may take less time, but it is still a reality that we need to live with.

This is why it is going to be investors over traders when you are talking about risks, investors take a lot less risk if they know what they are doing. Obviously traders would be taking less risk if you end up investing ones go invest into something silly, that would be a bigger risk overall.

kapalmabur

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Quote from: mich on May 01, 2023, 05:56:25 AM

I think we all enjoy taking a risk if we are investing in crypto. With so many times we lose our profit and then we make it back there is so much risk involved. We do not know if our coins will lose all of its value or if they will be worth nothing for in the future.

The traders I feel take less risk. They make these trades and then they will cash their coins for fiat. But it is us long term hodlers who enjoy taking this risk. In 5 years from now my coins might be worth nothing or I will have huge profits. That is a risk I know I am taking and a risk I like.

True and even though it has the risk of losing money but the decision was not made haphazardly,
by deciding to invest in the long term, of course we make decisions by considering many things,
There will always be risks and they cannot be completely avoided.

mich

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I think we all enjoy taking a risk if we are investing in crypto. With so many times we lose our profit and then we make it back there is so much risk involved. We do not know if our coins will lose all of its value or if they will be worth nothing for in the future.

The traders I feel take less risk. They make these trades and then they will cash their coins for fiat. But it is us long term hodlers who enjoy taking this risk. In 5 years from now my coins might be worth nothing or I will have huge profits. That is a risk I know I am taking and a risk I like.

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Quote from: tygeade on April 21, 2023, 04:49:23 AM

Quote from: Wiwo on April 19, 2023, 11:18:57 AM

Quote from: ningrum on April 19, 2023, 10:33:20 AM

The most important thing is that we have to know when to read the conditions when it's time to hold or sell it,
many traders use a diversification strategy and it is proven effective to minimize risk,
obviously, it all depends on the decision of each.

Condition, this is the first time I am hearing that because I have not seen any where that one can read the condition ns. A. Coin, or do you mean the white paper because that is the only document prepared when developing a coin and this is the only thing that serves as the road map to the coin development.

But there is any other such document such document that could be a warning and condition as to when to sell the coin or when to hold it will be a helpful document to read and I will love to read a couple of such documents.

I think it means reading the room type of thing. Like what condition it is in, you know? That means you check the market and you check the trends and you check what people are saying, that type of thing. Like a car could be in brand new condition, or it could be driven a million miles and be in terrible condition, same with crypto, we could be in great condition to go up, or we could be in terrible condition tired after such a bad bear year.

That is what I understood though, maybe I am wrong and maybe that is not what he said but if I understood it correctly then this is what I get from what he is saying and if I am right then I agree with him as well because market conditions matter a lot.

They key on here is about "SELF ACCEPTANCE" and on the time that you do step your foot into this market then it would really just that right or sensible for you to have that kind of behavior or mindset that you should be prepared on what are the things that are bound to happen. If you do see that it would really be that worth investing then go ahead. It is really just a matter of risks taking because if you cant be able to take or bare with the risks then you would really be ending up on having these common impression or condition on which you would really be that impulsive in regards into your investment position.

Now after all the years i've been here on this space then it would really be just that normal that you would really be making yourself numb with those volatility or movement. Just make sure that you would really
be making yourself get prepared or really that tending to act according into your plans and goals. Outcomes might differ but it would really be needed for you to risk out
if you do have plans on having a progress.

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A good future from ETH alone I think we can wait without bitcoins. we can see the process of developing ETH so that it can become what it is today. don't expect more than micin coins

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Quote from: Godlovesyou on March 22, 2023, 12:43:39 PM

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?

Ypu lost your money because you put your money into horse garbage. I find it crazy people pass up bitcoin because they think the money has already been made and then throw theor money into things called baby doge lol. I mean you might as well flush it down the toilet so you don't have to watch it slowly go away. Alts will be fine but you have to find good projects.

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Quote from: Wiwo on April 19, 2023, 11:18:57 AM

Quote from: ningrum on April 19, 2023, 10:33:20 AM

The most important thing is that we have to know when to read the conditions when it's time to hold or sell it,
many traders use a diversification strategy and it is proven effective to minimize risk,
obviously, it all depends on the decision of each.

Condition, this is the first time I am hearing that because I have not seen any where that one can read the condition ns. A. Coin, or do you mean the white paper because that is the only document prepared when developing a coin and this is the only thing that serves as the road map to the coin development.

But there is any other such document such document that could be a warning and condition as to when to sell the coin or when to hold it will be a helpful document to read and I will love to read a couple of such documents.

I think it means reading the room type of thing. Like what condition it is in, you know? That means you check the market and you check the trends and you check what people are saying, that type of thing. Like a car could be in brand new condition, or it could be driven a million miles and be in terrible condition, same with crypto, we could be in great condition to go up, or we could be in terrible condition tired after such a bad bear year.

That is what I understood though, maybe I am wrong and maybe that is not what he said but if I understood it correctly then this is what I get from what he is saying and if I am right then I agree with him as well because market conditions matter a lot.

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Quote from: ningrum on April 19, 2023, 10:33:20 AM

The most important thing is that we have to know when to read the conditions when it's time to hold or sell it,
many traders use a diversification strategy and it is proven effective to minimize risk,
obviously it all depends on the decision of each.

To know it, we must have good knowledge and experience. It is not something easy to analyze whether to hold or sell.
Regarding diversification, it is a good way because it optimizes the chance to earn profits and minimizes the chance to lose all money in a single coin. However, it doesn't mean that we mustn't invest in 1 coin only. There are some people who prefer to invest in Bitcoin only, I think it is no problem at all. But if you invest in altcoins, I suggest doing diversification.

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Quote from: ningrum on April 19, 2023, 10:33:20 AM

The most important thing is that we have to know when to read the conditions when it's time to hold or sell it,
many traders use a diversification strategy and it is proven effective to minimize risk,
obviously, it all depends on the decision of each.

Condition, this is the first time I am hearing that because I have not seen any where that one can read the condition of a Coin, or do you mean the white paper because that is the only document prepared when developing a coin and this is the only thing that serves as the road map to the coin development.

But if there is any other such document such document that could be a warning and condition as to when to sell the coin or when to hold it will be a helpful document to read and I will love to read a couple of such documents.

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Quote from: AakZaki on April 19, 2023, 10:01:24 AM

Quote from: Wiwo on April 13, 2023, 07:32:15 PM

That line of thinking may lead you to frustration in the long run, altcoin can't be trusted and at that, you shouldn't anticipate any coin to favour you.

What you need to survive in altcoin is the knowledge of the fact that altcoins are just gambles and that you should only gamble with the money you can afford to lose forever because an altcoin is not like Bitcoin there is the hope of recovery so at that altcoin investment are a pour gambling and the risk must be taken with that understanding.

The option to hold both altcoins and Bitcoin is a good strategy. When Bitcoin is rallying alone, it is necessary to multiply profits and buy some of the cheapest altcoins. It's not easy to keep making profits. A diversification strategy must also be carried out so as not to put the basketball in only one basket.
The money used really must be cold money or money that is not needed for other needs. Must be able to set the best management and strategy in order to avoid all the risks that will occur.

The most important thing is that we have to know when to read the conditions when it's time to hold or sell it,
many traders use a diversification strategy and it is proven effective to minimize risk,
obviously it all depends on the decision of each.

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It looks like a mini altseason is upon us. For now, you shouldn't expect massive price action, but BTC's additional rise could lift the prices of other cryptos. That is, the price of BTC should still rise and consolidate, while dominance should decline slightly. Then it would indicate a full-fledged altseason.

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Quote from: Wiwo on April 13, 2023, 07:32:15 PM

That line of thinking may lead you to frustration in the long run, altcoin can't be trusted and at that, you shouldn't anticipate any coin to favour you.

What you need to survive in altcoin is the knowledge of the fact that altcoins are just gambles and that you should only gamble with the money you can afford to lose forever because an altcoin is not like Bitcoin there is the hope of recovery so at that altcoin investment are a pour gambling and the risk must be taken with that understanding.

The option to hold both altcoins and Bitcoin is a good strategy. When Bitcoin is rallying alone, it is necessary to multiply profits and buy some of the cheapest altcoins. It's not easy to keep making profits. A diversification strategy must also be carried out so as not to put the basketball in only one basket.
The money used really must be cold money or money that is not needed for other needs. Must be able to set the best management and strategy in order to avoid all the risks that will occur.

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Quote from: inanilujimi on April 17, 2023, 04:25:11 AM

What I know is that altcoins have a bigger risk than the botcoin itself, the bigger you take the risk, of course, the closer you will lose a lot of money, the risk does exist, but we can reduce it by managing money in a good way.

Absolutely right. I love to take risk because Btc cannot give you 2x in one days while risky coins having low supply has very high chances of 2x in matter of just 1 hour. I use Binance often for safe trading because other dex coins has high chances of rug. A biggest problem with low supply coin is that Binance delist these coins time to time without any warning and after news of delisting The coin crashed below 4x-6x. Same thing happen with me week ago when QLC and Nebl delisted and my 34$ down to 7$. i was Lucky one that i invested small otherwise it can result a big loss for me.

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Quote from: MinMan on April 12, 2023, 03:25:05 PM

That type of risk/profit calculations will make you rich if you know what you are doing. Most people look at the reward and think that if it is big enough then they will invest without looking at the risk, there are few who take too little risk and in return get a very low reward. But if you buy something that has a little risk but a good reward then that would be the key to make a profit and only a few people can do that.

I personally hope that the best thing to do would be making a profit via calculating as little risk as possible first, filter the coins with risk and find the lowest ones, such as bitcoin, and then start looking at the potential profit because that would be a lot better to have less risk first.

Yes, most people can't understand the ratio at profit/risk and that is why many of them lose a lot of money as well. I personally feel like the best thing anyone can do would be making profit based on as little risk as possible as well. However, we are at altcoin speculation section right now, and people who would speculate about some obscure altcoin would not be people who want to take a little risk, this is the place for people who like to take a lot of risk and they will do that without a doubt.

It means that they are going to end up buying something very small cap, and they will either make a good profit and be happy about it, or they will lose all of their money on some rugpull and yet will not give up.

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Quote from: savetheFORUM on April 13, 2023, 01:50:04 AM

Quote from: GelatikKembar on April 11, 2023, 04:30:22 PM

when the market is bearish, of course the risk will be even greater, but if indeed this year is the end of the bearish then you have to enjoy the risk,
because if you are afraid of buying altcoins at a time like this then you can regret it later when the market is bullish,
in my opinion the risk This can be minimized with the right strategy.

There is nothing wrong with buying altcoins, but only if you know what you are doing. Newbies that think they will become millionaires by buying and holding a single meme coin will need to stop daydreaming and start thinking practically. If one wants to take risks, they can buy these meme coins with a very small amount and try their luck, it blasts, they will get something for sure, and if it fails, they'll not regret it.

I've seen people investing all their capital in a single token and that too are meme coins that solely depend on community hype to grow and have no proper project backing them. I feel bad for them as I know most of them will lose all their money in the long run.

That's the biggest trouble isn't it? I mean there are so many newbies who think that they could make some profit by just focusing on low rank stuff that could go up 100x and not even be in top 20 after that. There are literally tens of thousands of projects out there that could go up 100x higher and it wouldn't even be in top 100, that's a shame and yet there are so many people who invest into it.

I keep seeing so many useless projects on this forum as well, ones that people make a big hype about, and when I check them it is like 50th in the rankings, why they hell would you get hyped about the 50th coin? That's not going to go up much, and I would rather have the top 10 instead of having something at 50th position.

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Quote from: Godlovesyou on March 22, 2023, 12:43:39 PM

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?

There was a saying that no risk no gain . So in this case I love to take risk but not in every time and also not in every where . Yes there was a potential market on alternative coins but I think Infront of bitcoin there will be no competitors. And I don't think that I have to explain it to you more because the result is already Infront of you. But yes there was some top pairs on alt-coin that can be also beneficial like Ethereum, lite coin ,BNB some of more . But the others coin you have selected I don't have any idea about those. What ever of you want a strong and secure investment I think selecting bitcoin will be better than selecting alt-coins.

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