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Topic: Don't trade what you can't risk loosing - page 10. (Read 1758 times)

sr. member
Activity: 1050
Merit: 377
April 11, 2020, 12:54:15 PM
#76
Many traders are fools they only say that they are managing risks but in reality they wont , risk takers follow there systems with discipline other traders are fools who do not see risk side of trades and F**k there money 

In any case, everything always depends on experience. There are people who intentionally lie thinking that by doing so they increase their significance, and there are people who are naturally mistaken because they have rather limited experience that does not allow them to look wider. Over time, an understanding comes to a person, depending on the amount of misses, an understanding of the risks.
legendary
Activity: 2884
Merit: 1117
Leading Crypto Sports Betting & Casino Platform
April 11, 2020, 01:55:58 PM
#76
People just want to get out of this risky situation we are all in where just one time of missing payment could cripple our economy all together. Right now, thankfully I am still working but if I get fired today, I will not be able to find a job because of corona as well, which means I am going to be starving for the next 3-4 months at best, I will probably make a debt and put it all on my credit card and going to have trouble, but even with that when I finally find a job after corona I will have to work to pay these months debts first, and by that time I will be in deep trouble again if I get fired. People are trying to get away from that, take their own freedom and that causes them to make silly moves like putting money they can't afford to lose to bitcoin.
sr. member
Activity: 714
Merit: 251
April 11, 2020, 12:44:02 PM
#75
Many traders are fools they only say that they are managing risks but in reality they wont , risk takers follow there systems with discipline other traders are fools who do not see risk side of trades and F**k there money 
member
Activity: 728
Merit: 11
https://streamies.io/
April 11, 2020, 11:42:06 AM
#74
Even if we trade with what we risk, we still trade at a loss and even without spirit. I used to go through it with a small amount of capital, but I hate the feeling of losing and market manipulation annoying me. The house always wins and I believe in that. Best of all, to win this market, you should have a team to accompany. They will point out the flaws in your trading psychology to make you better and identify more of the house's weaknesses. There is no knowledge that will save us when we are just a lone wolf.
full member
Activity: 1316
Merit: 126
April 11, 2020, 10:28:19 AM
#73
It was sorry if that person losses everything he holds.
That was crazy to think that a person risks his 10BTC in trading without knowing anything about it. And I believe even experts never do this.
I don't know if people like this think about losses or they are just thinking that crypto trading will be easy for them. Maybe having an experience of losing his 10BTC will give him an opportunity to learn and probably change his mind.
legendary
Activity: 3248
Merit: 1179
April 11, 2020, 07:34:58 AM
#72
Don't trade what you can't risk loosing! Do you people know what that means actually? It means that sometimes (many times) you will have to risk entire amount if you wish to take decent profit! If you are not ready for that, if you are not brave to do that, I'm afraid you will have more loses! And the good trades will not be profitable enough to cover your loses.
You need to risk in what you believe in, of course before you believe in your trade do your homework, and when time comes be ready to believe and risk more!
jr. member
Activity: 275
Merit: 2
"Trade with profit"
April 11, 2020, 03:34:09 AM
#71
I agree, Trading is risky not only trading but buying wrong altcoins can lose huge amount of money as well. That's its important that we also learn something about trading and investing to minimize risks.
sr. member
Activity: 1148
Merit: 268
April 11, 2020, 02:55:59 AM
#70
You are right in saying that trade will depend entirely on ourselves If you do not know about trade then it is better not to trade There is a high risk There is nothing to blame here Before trading, we must first know about trade and analyze different places. However the best way to avoid risk is to trade trading charts well There is a risk if you hurry and get more greedy.
sr. member
Activity: 1988
Merit: 322
April 11, 2020, 02:40:12 AM
#69
Sure, anyone that is trading is trading for his or herself, whatever you get has nothing to do with any other person.
I see people who trade and lose their money and then try to blame it on cryptocurrencies or exchanges because they lost.
Someone once said that exchanges are scammers and that traders are fools who are not yet aware of it lol.

Some of them jump into trading out of greediness, they want to make money quick, and they forget that it’s not as easy as they think it is. I also see people that make complaints like these when I was into options trading. Irresponsible people are everywhere and they will just blame others for their own mistakes so it would be always better not to trade what we cannot afford to lose.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
April 10, 2020, 04:09:16 PM
#68
Trading is also a great way to earn, but believe me there are so many people around that also loss on it.That is why we need to be more practical on trading because not all the time we can gain a profit on it. Even the most experienced trader will also loss on it so if you dont wanted to loss or gain in a risky way you must find another option because trading is really risky.
That same risk are the one who provides the big benefits, the more you take it the more bigger the profits that you can take. The basic rules needs to take place as always, do your research and make sure that you fully understand the venue that you are taking in order to balance the risk that you'll going to take, most of those losers forget about dealing with deeper research and knowing how to understand each opportunities.
So basically trading and holding are risky, no one will really be safe if it is related to money because the risk will always be there but when someone has the skills and knowledge, then at least that can reduce or avoid risk and we should be prepared for all the worst possibilities because by having this awareness we will continue to do our best to achieve a success.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
April 10, 2020, 02:02:48 PM
#67
Seriously anyone who has enough money to trade with 10 bitcoin would be smart enough to know not to get influenced badly. Perfectly honestly I do not really believe that anyone who has enough money to buy 10 bitcoins would be also stupid enough to make a bad trade like this, they are probably lying if you ask me.

If I had 10 bitcoin I would probably do a lot more smarter than this guy claims, I would probably divide them into a lot of different stuff and diversify them to many other stuff. That way I could still have like 4-5 bitcoin but at the same time I would probably have something like ethereum and other stuff as well so that I could have a huge portfolio and whenever something goes down at least the other ones would go up and I would be a bit more safer.
sr. member
Activity: 1078
Merit: 256
April 10, 2020, 09:06:09 AM
#66
Trading is also a great way to earn, but believe me there are so many people around that also loss on it.That is why we need to be more practical on trading because not all the time we can gain a profit on it. Even the most experienced trader will also loss on it so if you dont wanted to loss or gain in a risky way you must find another option because trading is really risky.
That same risk are the one who provides the big benefits, the more you take it the more bigger the profits that you can take. The basic rules needs to take place as always, do your research and make sure that you fully understand the venue that you are taking in order to balance the risk that you'll going to take, most of those losers forget about dealing with deeper research and knowing how to understand each opportunities.
legendary
Activity: 2436
Merit: 1232
Leading Crypto Sports Betting & Casino Platform
April 10, 2020, 10:51:18 AM
#66
That stupid dude that listen to social media how to earn big is a great example how Greed people never succeed here in crypto.
we use to wait or even take small profit sometime just to keep safer while newly entered are just wasting their money listening to people they dont even know?that is craziness mate.
I remember one of the advertisement in the youtube lol, I don't wanna name the brand but the advertisement is BS that is only ignorant of crypto related stuffs are going to jump in. Imagine they are saying that you could earn a thousands of bucks in just a minute of trading with precise timing haha. Most of the time, people tend to watch videos on the internet to avoid getting lose which I know the right thing to do before trading but what I am doing for quite some time now is that I do push every thing so I could easily quit if I lose.


Trading is also a great way to earn, but believe me there are so many people around that also loss on it.That is why we need to be more practical on trading because not all the time we can gain a profit on it. Even the
most experienced trader will also loss on it so if you dont wanted to loss or gain in a risky way you must find another option because trading is really risky.
actually there is more losers than profiting in trading so be aware of that and try not to enter if you have no Big knowledge .
I guess the weight is just the same, some loses and others are winning. Trading isn't just about the risk taking, it is valuing what you have in hope for adding it.
hero member
Activity: 1190
Merit: 568
Sovryn - Brings DeFi to Bitcoin
April 10, 2020, 09:41:44 AM
#65
I have heard and read those stories a lot of times and I always wonder what would be making people to be such dumb or is it that they are aware that trading carries risk?

I just don’t get it. Even when I was a newbie I knew all that, and I also made my research to understand cryptocurrency trading. And even if I’m not aware of all that, I still wouldn’t trade all the money I have, you don’t need anyone to tell you about this. If I had that 10 BTC, part of it would be used for Hodl, and that would up to 90 percent of it, while I use just 1 BTC for trading, and I won’t even trade the 1 BTC at a time, will just be trading a little bit of it.
This is the basic rule in trading and in gambling, do not put all your eggs in one basket, because it might be the reason that you may lose all your money, and also it is not bad to take risk but in a strategic way. There is no 100% chance in winning this too, all you need to do is to have a good plan in everything, and also have patience it is one the good thing you must have in this crypto world.
sr. member
Activity: 1638
Merit: 278
April 10, 2020, 09:11:20 AM
#64
I have heard and read those stories a lot of times and I always wonder what would be making people to be such dumb or is it that they are aware that trading carries risk?

I just don’t get it. Even when I was a newbie I knew all that, and I also made my research to understand cryptocurrency trading. And even if I’m not aware of all that, I still wouldn’t trade all the money I have, you don’t need anyone to tell you about this. If I had that 10 BTC, part of it would be used for Hodl, and that would up to 90 percent of it, while I use just 1 BTC for trading, and I won’t even trade the 1 BTC at a time, will just be trading a little bit of it.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
April 10, 2020, 08:52:43 AM
#63
That stupid dude that listen to social media how to earn big is a great example how Greed people never succeed here in crypto.
we use to wait or even take small profit sometime just to keep safer while newly entered are just wasting their money listening to people they dont even know?that is craziness mate.
Trading is also a great way to earn, but believe me there are so many people around that also loss on it.That is why we need to be more practical on trading because not all the time we can gain a profit on it. Even the most experienced trader will also loss on it so if you dont wanted to loss or gain in a risky way you must find another option because trading is really risky.
actually there is more losers than profiting in trading so be aware of that and try not to enter if you have no Big knowledge .
sr. member
Activity: 1148
Merit: 300
April 10, 2020, 07:42:10 AM
#62
Trading is also a great way to earn, but believe me there are so many people around that also loss on it.That is why we need to be more practical on trading because not all the time we can gain a profit on it. Even the most experienced trader will also loss on it so if you dont wanted to loss or gain in a risky way you must find another option because trading is really risky.
hero member
Activity: 3010
Merit: 629
April 10, 2020, 04:45:44 AM
#61
I think this particular trader who lost 10 btc in trading seems a newbie. Its a huge amount so if you're not newbie you will value it because btc itself is a good coin and already enough to hold.

On the other side its in a rule to only use the money you can afford to lose and we should not blame the person who introduce crypto trading to us. If we made a mistake we are the one who did it thats why its best to dont rush things to become a trader, take time to learn because its a must.
hero member
Activity: 1932
Merit: 506
Betking.io - Best Bitcoin Casino
April 10, 2020, 03:33:55 AM
#60
You are responsible for your own trade, someone introduced us to Bitcoin trading. He/she will not be responsible for the mistake you have made. While trading a huge sum of money, to earn 1000× of your funds, in two weeks. Found a tweet, “About a dude telling a cryptocurrency Twitter influencer, how he got influenced wrongly. He traded 10BTC and lost all". This could be clout, but serves as a good information. So many cryptocurrency Newbies invest in the first assets that feel okay, without doing their own research.

Pay attention; If you have plenty BTC like the dude above. It's certainly well, you know how to trade, close to what the dude thought. For this reason, holding is the best option. No way 10BTC will be lost (when Holding), allow yourself to “waste" time exploring. Although he learnt his lessons. Such mistakes should not be welcomed.

We have to keep in mind what we can do to improve not only our own lot but that of those around us. Share your Opinion.
I totally agree with you as many newbies are blaming someone because they lost their hard earned money in trading or investing without thinking that they are the one who lost it. Knowing someone who became millionaire in trading in just a short period of time didn't mean that we can do it also as we don't know what that person has gone through in order to obtain that success. But all of his achievement is not impossible for us to obtain if we strictly follow the fundamentals of trading and we will become wise especially in decision making.

Therefore if you want to trade or invest, use only the money that will not hurt you if you are going to lost it and make sure that you will not jump to trading without learning the basics first.
legendary
Activity: 2380
Merit: 4265
eXch.cx - Automatic crypto Swap Exchange.
April 10, 2020, 01:18:38 AM
#59
You are responsible for your own trade, someone introduced us to Bitcoin trading. He/she will not be responsible for the mistake you have made.

We have to keep in mind what we can do to improve not only our own lot but that of those around us. Share your Opinion.

Although I'm in support of the common trading phrase "don't invest more than you're willing to lose" but in as much as you follow that guideline, you should also understand that our mindset as traders is one of the important decided of the outcome of our trades. As a trader you shouldn't develop the mindset of been comfortable with losing since you feel it won't affect you based on your following of the guideline of trading with only with funds you'll be ok losing.

Although as a trader, you have to understand that losing is a part of the process of winning since it comes with its lesson but don't let it get into your head that when you do lose it doesn't bother you to improve on yourself and get better chances of winning on your next trade.
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