Topic: Don't trade what you can't risk loosing - page 2. (Read 1758 times)

Same in most businesses... you start with what you can afford to lose until you are grounded and start being consistently profitable in the business.
If you don't want to start small, you could learn the business first and practice it for free via apprenticeship, getting goods from people/friends for free to sell(& share the profit with them) etc and see how profitable you can be.

I really agree with you that many prices have collapsed and this can be the best moment to enter and buy a very large amount, make the most of it and don't miss this opportunity, because if the price has gone up it will be difficult to find moments like this again.

Today it is better not to buy and sell bitcoin and altcoins because it is likely that bitcoin price will fall after a few days of strong defense and this will determine the fate of Altcoins so it would be great to wait for the normal price or buy below the support price

Big risk will get big result and I like for trading in future way, when you try for trading on spot have waiting for when bitcoin and altcoin going up and take moment for selling. When you joining for future trading you have chance both bitcoin and altcoin up or down, you not waste your time have waiting for bitcoin going up only but you can take chance when bitcoin is down to get much profit and keep profitable during you get good moment when analyze coin price, but have bigger risk when try future trading way when your prediction is wrong because your assets will liquid or lost.

There should be risk management, which will clearly define your limits of what is acceptable. If you follow simple rules, then you will never lose all your funds. And if there is a series of unsuccessful deals, then you need to pause, comprehend everything and only then continue to work. And it is not wise to repeat the trades of other traders, because you will not learn anything. And most likely you will only lose your assets.

Risk is always there even you are not a trader because once you invested or creating a business there is always possible of loosing or not returning your money. It become less risk unless a person is conducting a research about for the certain investments they do. Researching is very powerful weapon for us we can know the possibility to happen maybe it will successful or fail so why we are doing that.

A newbie is always rushing investing their money of what they seee a trend coin so we don't know when the right time to invest so mostly of them lost a lot and blame the others of what they do.

Its just stupid for someone who do blame out others just because they do lost up money.It might be dumb but there are really people who had this kind of behavior or qualities where they do blame someone who had introduced a thing to them and when unfortunate thing happens then that someone would really be sue out.

When we do trade then results would really be depending on our own actions.Thing here is that you should learn up things first and try to gradually increase on the amount that you can risk on.

Study and learn up things which will add up to your experience because trading isn't really a thing that can be learn overnight.If you do hate risk then trading isn't really for you yet this do involved
risk but of course in exchange theres always a profiting side.

Yes that is really very true. All of our actions being done in crypto is duly our own responsibility for we must be the one to study all the essential information with regards to the industry we chose to get with. Even if someone have introduced it to us, still after he have taught us of the basic information we need to know to be able to start up trading, the full responsibility of whatever happen will certainly relies on our hands now. No one must be blamed but your own self if you experience a great loss for doing trades into a certain coin that you do not know how the price behaves and did not managed your budget or funds you allotted to trade on that coin. Common mistakes being done is after knowing the basics they are already jumping into trading like they already know everything which is not supposedly the attitude for you still do have to learn the coins before engaging so that you will know even more to make yourself profitable into that coin you wished to trade. It will be your mistake and full responsibility experiencing great loss for engaging into a coin that you don't know and you have inputted a big amount of money which is supposedly not because you must just trade into an amount that you can afford to loose.

It is often advised to put only that much amount in trading which you can afford to loose. This is because trading is not always profitable. For trading you must have appropriate skills and adequate experience. Even the experience traders sometimes deals with loses. If you are new to this market then start with little, keep grinding yourself and slowly increase the amount you are trading. Once you will able to understand the market, then you can sometimes take the risk of trading large amounts because you will be able to observe the fluctuations more accurately.

Trading is not a simple way of making profit, because in trading you can also loss, whats important is the learning and the way how you handle situation and emotion and the experience really matter, i suggest to only trade an amount  that you can afford to loss. Dont believe in anyone or lean on them because scammers are everywhere just believe in youre self and learn for good.

What I can say is that do not believe on easy money ideas of trading. It is indeed truth that your money can grow more than x2 or even 1000x in a small period of time BUT remember, the RISK is very very high. One single mistake can turn your million account to zero. I knew a lot of traders who are good at risking much and earns much yet when they lose money, they fund again their account. This type of dudes are typically GAMBLERS who are TRADERS too.

Yet based on my experience and understanding, ANYTHING is POSSIBLE. Even BITCOIN can become ZERO, who knows?! Trading for me is really hard because your enemy will be your EMOTION: IMPATIENCE & GREEDINESS. That is why what I could advise is to always DO AND UNDERSTAND RISK MANAGEMENT. Always put stop-loss. Have an entry plan, exit plan, alternative positions and back-up plans, etc. This will minimize your risk in losing all your money. I believe too that it doesnt matter what high probability system you do have, but rather how you manage your risks.

So be careful with so called "mentor's and gurus" out there who shows off their profits which in reality can be edited and just for hype to gain money in mentorship or signals. I am not generalizing every mentors though because I know a lot too who are awesome in trading especially in risk management. Research first their backgrounds and how they see trading. I say, FOCUS ON COMPOUNDING.

That is just the first rule, crypto is so volatile and you dong venture what you cannot afford to lose. Some have their fingers burned due to the lack of following this simple rule

Can there really be such funds that you do not mind losing? If you trade in the cryptocurrency market, then there are always big risks of failure. But the most important thing is not to risk your entire household budget so that your family does not remain naked and hungry. But otherwise, the risk is always present, and the result depends on experience and knowledge.

Sure, "it is better to be poor on your own decision that to be rich on others decision", but the topic of this thread is not to trade what you can't risk losing, the words that you wrote indicates that it is okay to lose anything you can't risk losing cause it is by any means your own choice, which is not a very good advice.

The best way for me to do, for things like this is the get a breather and focus on the important things around you. The more you think about the things you needed the most the more you see a broader view of the amount that you can trade. Sure, that trading can double/triple the value you have but don't always forget that you can lose. Greediness is not a great thing, that's why it is part of the 7 deadly sins.

Trading without limitation or boundaries of how much you're willing to trade in was insane. Those who are wanted to get a profit in as fast return of investment could be classified as impractical people and sometimes may term as greedy. Here in cryptocureency we couldn't find a easy and fast return of investment but if you know how to play the game expect that you may get the return of your investment in an amount that you worked hard. Maybe no assurance to have it already or having it surely but i do believe that you may have it even a little return.

The truth is poor people will be poorer cuz of greediness inside them. It can however work if you deposit some amount double it or triple, and leave the trading forever. otherwise there is no quick stable way to profit from trading.

People lost their savings when they start trading in this crypto market. Here price volatility is very high when price will increase and when it's goes down nobody knows about it. And leverage trading makes more risk in this market. Exchanges provided 100 x liquidity in the market and I am preety sure if anyone took 100x liquidity they got liquidation. Because a little price fractutuation give total loss. So exchanges always greedy. So better to hold not trade

Don't trade what you can't risk loosing
These words are very special. This is life changing words. When you putting your money on any project ,your money can go both way, in profit or loss. If the project succeed then money put by makes you gain but if project not getting success then you can not even recover your money. This is called absolutely lost. Everyone should know this in market or trading, or betting put the money that you can afford to loose.

All trades have risks but we must prepare for it rather than just watching
Trying is one of the keys to success so don't be afraid to lose

There are some people who are trusting their fate with the use of the trading even they don't have any money still they want to take the risk that they could possibly earn. Their mindset is "I can earn with trading regardless of the risk", "I can make more money with trading", "This is the last money I can do it more here". Well, we can't stop them because it's their life and they want to risk everything. Looks like there is a two-person with this.

1. The person who will not spend their last drop of money and try to make a product to find another income and not in trading.
2. The person who will risk everything just to earn.