Do you love and enjoy taking risk? - page 7.

uneng

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Quote from: lienfaye on April 17, 2023, 04:28:52 AM

Quote from: inanilujimi on April 17, 2023, 03:25:11 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.

To reduce the risk don't invest blindly in coins without doing your own diligent research. Some of us are investing in altcoins because of hype thinking it's worthy to invest in, then will panic if the price plunged because the hype is over. Investing in altcoins are quite risky especially to the new ones since they're not established yet. Thus, it's important to dig deeper and don't invest just because of what you think and have no concrete basis.

Anyway, invest in Bitcoin because it is good to hold for long term then include few alts in your portfolio based on your own analysis and not through recommendation. Having your own knowledge about the coins are important so you can understand if the coins are worth to hold either for long or short term.

The problem with investors like OP is that they are being driven by temporary speculative hypes, instead of focusing on long term results. He said to have invested in baby doge, which is clearly a bad option of memecoin to put money into. Investors who treat the market, their money and their investments like a joke, end becoming a joke themselves on this crypto market.

And that is not even about enjoying taking risks or not, but about enjoying being made fool by big crypto speculators...

bitterguy28

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Quote from: GelatikKembar on April 17, 2023, 04:31:05 PM

it's hard to say enjoy and take risks at a time like this, especially now that the market is really like a roller coaster,

of course but if you knew where your coins going ? i think it is safe to ride that coaster for you to get there in profiting ?

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I know the Bitcoin price has broken out from $ 30k yesterday and now the price has fallen again below $ 30k,

not just yesterday mate, bitcoin had been in 30k since last week lol.

but that is the point , will it go further to 35k? or drop to below 20k again?

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and if the price can't hold on I think bulltrap has arrived, this is why it's hard to say enjoy it at a time like this.

Trap is always there , so best not to live with it and only invest what is best to lose amount.

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Quote from: Wiwo on April 13, 2023, 06:32:15 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?

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.

actually there are other side of investors and those are the people that love the risk , specially those who has complete amount of money to lose,but the best thing is if they entered the great coin and pumped surely they will earn hundred if not thousand times.

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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.

actually there are good altcoins mate(according to how it moves in our days now) but of course the safest ir Bitcoin.

GelatikKembar

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it's hard to say enjoy and take risks at a time like this, especially now that the market is really like a roller coaster,
I know the Bitcoin price has broken out from $ 30k yesterday and now the price has fallen again below $ 30k,
and if the price can't hold on I think bulltrap has arrived, this is why it's hard to say enjoy it at a time like this.

usekevin

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The first eligibility for the trader is he should ready to risk in his trades.People with more trading experience will know how the risk is needed for trading on crypto currency.Crypto currency is not like the stock market trading,in stock market any one can do the profit side of 5% easily.But the crypto currency will give you 300% from your investment.But you should ready to wait till the 2-3 years also.The holding for the longer term is essential one in crypto currency trading.Ethereum will be next to bitcoin,So it can give you good profit in last quarter of this year.Some traders will fly from crypto currency after they doesn’t have potential to hold for longer period.

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Quote from: Chainsmokers on April 17, 2023, 05:18:51 AM

Yes but altcoins are still profitable and as long as we choose potential altcoins they are better than meme coins,
it is important to do your own research and analysis before choosing an altcoin,
Of course there are many ways to minimize that risk.

Minimizing the risk through holding some altcoins while having Bitcoin. It's the best strategy to minimize the risk that you're taking. You're having a balanced setup because many people still don't know how to diversify their assets properly. Some think that it's okay to get whole of altcoins while ignoring bitcoin as their balancer for their portfolios. DYOR. Diversify. That's it but diversifying is being gloried by those people that don't even know what altcoins they should buy. The main thing here is you're okay taking risks and as you have that grit for altcoins, never ignore the power of Bitcoin as it has demonstrated already how it's the foundation of the crypto market.

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Quote from: inanilujimi on April 17, 2023, 03:25:11 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.

Yes but altcoins are still profitable and as long as we choose potential altcoins they are better than meme coins,
it is important to do your own research and analysis before choosing an altcoin,
Of course there are many ways to minimize that risk.

lienfaye

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Quote from: inanilujimi on April 17, 2023, 03:25:11 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.

To reduce the risk don't invest blindly in coins without doing your own diligent research. Some of us are investing in altcoins because of hype thinking it's worthy to invest in, then will panic if the price plunged because the hype is over. Investing in altcoins are quite risky especially to the new ones since they're not established yet. Thus, it's important to dig deeper and don't invest just because of what you think and have no concrete basis.

Anyway, invest in Bitcoin because it is good to hold for long term then include few alts in your portfolio based on your own analysis and not through recommendation. Having your own knowledge about the coins are important so you can understand if the coins are worth to hold either for long or short term.

inanilujimi

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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.

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Quote from: Wiwo on April 13, 2023, 06:32:15 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?

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.

I agree, if you only use the money you are willing to lose during the investment, then if you are wrong then nothing will happen to you but if you are right then you will make a profit. However, willing to risk your money in case you could lose it should be done with care, even at that point, like when you are willing to lose it, why invest into something that would not make any sense to anyone at all?

I would highly suggest that you should be able to invest into something that could profit you and this is why I believe that do not invest just because you are feeling like it would be ok to lose it, invest because you think that you will not lose it with that investment and you will be making a profit, be as certain as you possibly could be before you invest.

Litzki1990

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I love taking Ricks and I enjoy it but not all the time. If taking a temporary risk has a chance of making my future better, then I must take that risk. But why should I take the risk on a matter which will not be of any use if I take the risk? I always have a tendency to take risks. Opportunities do not come around for everyone. And opportunities are always to be taken advantage of, if taking advantage of an opportunity requires taking a risk then I will not think twice about taking that risk.
I have seen many good opportunities offered to people I travel with but they just don't take advantage of those opportunities because of fear. If such an opportunity comes in my life that is good for my life then I will take any risk to take that opportunity without thinking anything.

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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?

There is no doubt that Bitcoin is the king of all cryptocurrencies.And if the price of bitcoin goes down, the price of all altcoins goes down very quickly.And if the price of Bitcoin goes up, all the altcoin prices start to go up as well. From which it is not difficult to guess that the stability of Bitcoin is very important for all cryptocurrencies. Bitcoin's stagnation also creates a pump for many alt-coins.But there are also altcoins that get pumped even when the price of Bitcoin drops. You can take the example of AI coins where Maximum AI tokens have seen a 3x to 4x increase in value.Also if there is good news of any project,or any development in any project,So even without the support of Bitcoin, that token could see its value increase.Because we've seen a lot of altcoins within this bear market that have given huge returns in a short period of time.So it won't be wrong to say that even without Bitcoin a good project can give good profit to people and maintain its position in the market.

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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?

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.

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Quote from: kapalmabur on April 13, 2023, 04:17:39 AM

I think those beginners who still have a little experience need to learn from previous events and that is very important,
a very reckless decision of course to invest all capital in meme coins which it's not clear what the future will be,
it's better to invest in something as obvious as Bitcoin.

Bitcoin is definitely a coin for long term investment, no more research required, just buy and hold until you reach a new ATH. Beginners may just want to experiment with their money and want to get instant profits, but it will be more dangerous because they can lose it all. It would be a ridiculous decision to invest all of your funds in meme coins, it would just turn to ashes and some memecoins would just be left behind. memecoin is only used as a tool for manipulation, don't make it a long-term investment.

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Behind each altcoin there is a certain project with a team, and also many have a certain significance, novelty. Bitcoin is the standard of cryptocurrencies, but if you think about everything correctly, you can pick up a good project at the very bottom and in the long run something will come of it.

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Quote from: savetheFORUM on April 13, 2023, 12:50:04 AM

Quote from: GelatikKembar on April 11, 2023, 03:30:22 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.

I think those beginners who still have a little experience need to learn from previous events and that is very important,
a very reckless decision of course to invest all capital in meme coins which it's not clear what the future will be,
it's better to invest in something as obvious as Bitcoin.

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Quote from: GelatikKembar on April 11, 2023, 03:30:22 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.

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Quote from: doomloop on April 10, 2023, 04:01:00 PM

Quote from: Reatim on April 06, 2023, 12:41:54 AM

Taking risk is part of the market here in crypto , but the problem is that we need to keep at least longer time before taking the fruits ,actually i use to love taking risk in gambling but not in bitcoin investing in which for me is truly not right to act, because in gambling i only use spare money but in this ? we need to rely to what will bring in our future.

I think it is important to know the size of the risk as well. For example, investing into bitcoin of course has a risk, but not a huge risk, it is not going to go down 90%, even when the crash happens which is rare and happens once every 3-4 years, that is usually not as much.

However, if you buy a token that is brand new, it could go down not only 90% but it could even turn out to be a scam and 100% of your money could be gone. That is why risk size matters and I believe that we should be risking less than what people assume would happen. This is not an easy thing to calculate, sometimes the risk is too big and sometimes it is not but as long as we buy known big name coins, we should be fine, usually.

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.

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Quote from: rodskee on April 12, 2023, 01:07:01 AM

Quote from: kevindjunaidi on April 08, 2023, 08:36:14 AM

Quote from: huu78 on March 26, 2023, 12:22:08 PM

I like to buy altcoins when the market is improving, or there is fomo about a coin, but unfortunately lately I often get liquid because of trading leverage, there are things that I understand from there, but I still have to raise capital again.

the risk of futures is very big even though the profit you can get be quickly than you trading, but if you have a little capital, then i would rather advise you to just trading, because the risk is smaller than futures and your money will not be 100% lost, but of course the profit you get will not be as fast as futures.

if they want to be assured and safe then best to HODL than day trading mate , because this
is risky that you can easily loss if chooses the wrong coin.

and also if you advise them to trade then best if they already has idea how this work and how to deal because the more you choose badly is the more your coins will lose.

Those who have little experience are not advised to day trade, it is really risky,
holding is indeed a realistic option and top coins being a very viable option,
for sure they have to decide for themselves what to do because everyone has their own decision.

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Quote from: sana54210 on April 11, 2023, 12:05:23 PM

Quote from: btc78 on April 10, 2023, 10:38:49 PM

Quote from: kevindjunaidi on April 08, 2023, 08:36:14 AM

Quote from: huu78 on March 26, 2023, 12:22:08 PM

I like to buy altcoins when the market is improving, or there is fomo about a coin, but unfortunately lately I often get liquid because of trading leverage, there are things that I understand from there, but I still have to raise capital again.

the risk of futures is very big even though the profit you can get be quickly than you trading, but if you have a little capital, then i would rather advise you to just trading, because the risk is smaller than futures and your money will not be 100% lost, but of course the profit you get will not be as fast as futures.

lol , who told you that there is no 100% losing in trading? if you manage to invest or buy a wrong currency then surely you will be lose completely.
there are several project that ended nothing specially those scam project.
but you are right in advising trading than future because there are more option and consideration in this to end you getting profit.

Well, there is a bit of a truth in there and also wrong. There is no "100%" loss in trading if you consider the fact that nothing is zero, even Luna today is not zero, of course your 5 million dollars could be come 10 dollars, that is as likely to be zero as it gets, but not really zero.

exactly correct , but when we talk about from almost gone then for me this is already considered as zero as we cannot recover from our capital then.

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If we are talking about that, then yeah there isn't a zero in trading, just the fact that you could lose 99.99% of your money but not 100% of it. That is of course a bit of a trick answer to this question, because lets be honest if you lost 99.99% of your money in a trade, then you might as well lose all of it as well and be 100% out, because they are simply the same thing. So, this answer is both "technically" correct but it's just false in our minds.

correct , and that is the trick about my answer and also yours, losing majority of your funds is for me already a zero call and that is the reality, though this is something that we may not all experience and understand unless we already on that position.

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