Don't trade what you can't risk loosing - page 4.

Best Dreams

full member

Activity: 1008

Merit: 101

Quote from: bearexin on June 15, 2020, 09:00:41 AM

I don't get people who spend that much money with hopes of a lot more money by following someone else.

How could you trust a person when you do not know them at all? What if they are lying? What if they are not doing anything that would help you at all but just making them richer?

By all accounts this person could be running a scheme where he gives free advice time to time and mostly he becomes wrong and sometimes when he is right he invites you to a "special VIP" place where you have to pay a ton of money but since he made you profit you actually end up paying and he rarely ever finds a good trade again and you realize you were scammed.

I can make predictions a thousand times a day, create accounts for each of them and get them to share each other as well or like each others tweets to make it more visible too. Using all of this I can convince some gullible and naive people to pay me to get more advice on trading and scam them, quite easy thing to achieve.

Yeah, people will have to be a daddy to face the risk of lose in trading. So we should face all the risks and be always ready to trade with new hopes and a new mentality. In all kinds of business where is profit, there will be lost as well. So don't take it so seriously and spoil your rest of mind. Just stay calm and if you lose just try to improve your trading skills and trade with a new phase of mind I am sure this way you will learn taking risks for a better future.

Nathanz

member

Activity: 133

Merit: 10

Totally agree. Let's put it in this way: no soldier would risk his/her life by going into a war without having any kind of ammunition. Ammunition in this context are the knowledge and wisdoms that you learned from studying how trading works. So yeah, trade only what you can afford to lose so that you will not end up broke afterwards.

Freddy11

jr. member

Activity: 391

Merit: 1

That is very obvious in my view. It’s just crazy to risk anything that you can’t afford to lose. As it will only make you struggle, so it’s must to focus on putting what you can be convinced of being able to afford in worst scenario.

wozzek23

sr. member

Activity: 1568

Merit: 283

Quote from: hahay on June 19, 2020, 01:37:57 AM

Quote from: Dr.Osh on June 19, 2020, 12:54:56 AM

Quote from: btccoffee on June 17, 2020, 09:15:28 AM

Yes agree with that dont trade what you can’t afford to lose because if you lose that you will live you life full of regrets in the future saying you lose because of trading. Like that man he lose all of he’s money in trading and that is he’s foult. Before you start trading you have to do your own research also and do not just rely in some people’s that you don’t even know there name.

only people who are in a hurry to get rich give all the assets they have even if it is considered. Well, I suggest, if you believe that the opportunity to increase assets in investment is 100%, then use the most funds is 70%. never put everything in 1 investment, because many people are disappointed because of this and say negative after that.

There is nothing wrong in putting all of them in one investment, because the problem is about how they do research and how good their mentality is to deal with any bad situations that may and will happen in this market. If you don't have the confidence to fight all doubts about the risks, then it would be better for you not to trade and also invest because to get rich there will always be risks.

By saying "there is nothing wrong with putting all of them in one investment" you basically out yourself as you never studied investment at all. By every single imaginable investor that has ever been successful in the investment world, number one rule is never put all of your eggs in one basket, there are different rules and different approaches but all of them basically says never invest into one thing totally.

Put 5% of it, put 10% of it, but never put more than 50% of your money into one thing. This is not even just talking about bitcoin versus others, this is crypto in general. If you have 1000 dollars, do not put over 250 dollars of it in crypto in general, put it in some other stuff as well to keep earning money, that is the only way to make sure you are safe.

yohananaomi

sr. member

Activity: 2422

Merit: 267

Hire Bitcointalk Camp. Manager @ r7promotions.com

the basic principle of trade "buy when prices are cheap and sell when prices go up" but all of that is just the theory we learned. sometimes the theory is not the same as reality and we cannot avoid it, but by trading frequently, we are driven to always innovate by ourselves, so as not to lose. but in trading loss is also a risk that we must know so we are not surprised anymore. by continuing to trade obviously will hone to be better. do not hesitate to keep learning and don't feel that you understand the most, because theory is sometimes inversely proportional to the reality.

hahay

legendary

Activity: 3486

Merit: 1055

Leading Crypto Sports Betting & Casino Platform

Quote from: Dr.Osh on June 19, 2020, 12:54:56 AM

Quote from: btccoffee on June 17, 2020, 09:15:28 AM

Yes agree with that dont trade what you can’t afford to lose because if you lose that you will live you life full of regrets in the future saying you lose because of trading. Like that man he lose all of he’s money in trading and that is he’s foult. Before you start trading you have to do your own research also and do not just rely in some people’s that you don’t even know there name.

only people who are in a hurry to get rich give all the assets they have even if it is considered. Well, I suggest, if you believe that the opportunity to increase assets in investment is 100%, then use the most funds is 70%. never put everything in 1 investment, because many people are disappointed because of this and say negative after that.

There is nothing wrong in putting all of them in one investment, because the problem is about how they do research and how good their mentality is to deal with any bad situations that may and will happen in this market. If you don't have the confidence to fight all doubts about the risks, then it would be better for you not to trade and also invest because to get rich there will always be risks.

Dr.Osh

legendary

Activity: 2758

Merit: 1004

Buzz App - Spin wheel, farm rewards

Quote from: btccoffee on June 17, 2020, 09:15:28 AM

Yes agree with that dont trade what you can’t afford to lose because if you lose that you will live you life full of regrets in the future saying you lose because of trading. Like that man he lose all of he’s money in trading and that is he’s foult. Before you start trading you have to do your own research also and do not just rely in some people’s that you don’t even know there name.

only people who are in a hurry to get rich give all the assets they have even if it is considered. Well, I suggest, if you believe that the opportunity to increase assets in investment is 100%, then use the most funds is 70%. never put everything in 1 investment, because many people are disappointed because of this and say negative after that.

famososMuertos

legendary

Activity: 1918

Merit: 3047

LE ☮︎ Halving es la purga

Here it applies that you must be over 18 years old, having experience is not necessary and you do not need a trader's license, but money is indispensable, a sine qua non requirement so that regardless of age or experience, you obtain the result of "failure".

Don't trade what you can't risk loosing

It is a very simple phrase that does not serve to change the mentality of the one who will only say, I am unlucky or the trader is not for me.

Trading crypto currencies should be somewhat planned with an investment strategy that is not difficult to explain but can take a lifetime to understand or simply adapt to the volatility model that has destroyed capital and similarly made others millionaires.

Understand that with a rigorously established plan that I repeat again easy in its use (theory), but incredibly difficult in its execution (trader).

KrisAlex18

full member

Activity: 742

Merit: 160

Trade 10 BTC and lost all, that is really tragedic, its no joke losing that amount of money, that is a really huge amount of money, you need to work hard and have better experience first before you get all those 10 BTC and just lost so quick for only trading. There are many people who lost their money in trading especially for beginners, so always face the fact that once you do trading you may lose your money, so better to limit your budget when you do trading, that is really important. You should know when to stop and to continue trading.

Quote from: Oceat on April 04, 2020, 04:32:29 PM

Of course, people should have to understand first how trading is risky especially if they don't have a single knowledge about it. It's just like walking in the dark without a single light. Anyone who wants to try trading should have a better understanding of the theory of what they are going to trade either stocks or cryptocurrency. It may not that easy but those who succeeded did their own research and learn their own lessons before they reach where they are right now.

Well said, they should know how risky trading is, so they should be careful when doing it. Once you learned skills and have enough knowledge in trading it would lessen the risk of losing in trading.

Renampun

sr. member

Activity: 2338

Merit: 365

Quote from: btccoffee on June 17, 2020, 09:15:28 AM

Yes agree with that dont trade what you can’t afford to lose because if you lose that you will live you life full of regrets in the future saying you lose because of trading. Like that man he lose all of he’s money in trading and that is he’s foult. Before you start trading you have to do your own research also and do not just rely in some people’s that you don’t even know there name.

wisdom word; "without losing you will not become stronger"...
losing is painful and for professional traders it's normal, what professional traders do is not to avoid losing but minimize losses to a minimum and make as much profit as possible, a trader who has never lost 100% is just a fairy tale.

Janation

hero member

Activity: 1722

Merit: 528

Quote from: btccoffee on June 17, 2020, 09:15:28 AM

Yes agree with that dont trade what you can’t afford to lose because if you lose that you will live you life full of regrets in the future saying you lose because of trading. Like that man he lose all of he’s money in trading and that is he’s foult. Before you start trading you have to do your own research also and do not just rely in some people’s that you don’t even know there name.

We can't just judge them by that.

It is true that people share their own viewpoints about trading, about investing but still, they might have these experiences that other people can pick up some knowledge to.

Also, with a lot of people that share their experiences, share their ways, share their viewpoints, you could compare it to others so that you could compare and you could reference those to make or formulate your own strategy.

Blue_oxen

full member

Activity: 515

Merit: 101

Quote from: AakZaki on June 17, 2020, 06:30:20 PM

Quote from: Vitalicus on June 16, 2020, 11:00:16 PM

True! The unpredictable fluctuations in this market are certain and we have to know that. Any investors, traders or holders come in this market have to be aware of the risk of losing their capital when investing, trading or holding cryptocurrencies. Beginners have a common mistake that usually be too panic when the price starts to go down therefore they usually "cut loss" when it isn't necessary.

Cutting losses is a wrong choice, a panic that makes more and more losses. How to be aware of all the risks involved in investing or trading in crypto, by reading and analyzing market conditions, where market prices will move. Technical knowledge and fundamentals are needed, so there are no second mistakes that will end with CUT LOSS, the last choice that is just a waste of money.

Cutting losses is not always the wrong choice!!! It's true when you trade with top coins that have a high value such as BTC ETH BNB. It's wrong when you talk about altcoins. Altcoins can be dumped to zero value, therefore, cutting losses sometimes is the best option that traders have. Rather lose less than lose all right?

stomachgrowls

hero member

Activity: 3010

Merit: 794

Quote from: LUCKMCFLY on June 17, 2020, 12:58:22 PM

My tactic is simple, 100% of my balance, I only risk 10% to 20% to dedicate myself only to trade, with 51% of profit of the percentage destined I decide whether to take half of the profits and the rest to leave it and increase the percentage. In each operation I do not risk 10% but 8% of the (10-20% already risky), that way if everything goes very wrong, I would only lose a part of the intended percentage and not 100% of it, so far I It has given very good results.

The secret is to have patience and not despair of making profits quickly, it is better to see it as a business, the difference is that ROI is much faster than a traditional business.

When we do compare it on traditional business then we can really say that ROI is much more faster but in exchange the risk is way more higher which is normal.

Setting a good risk management in terms of fund handling will really put you into more longer period rather than on always with all-in manner.Always set up in mind that

it is much more better to gain little profits on gradual basis rather than rushing up on making bulk ones by putting 100% of your entire capital.

Quote from: AakZaki on June 17, 2020, 06:30:20 PM

Quote from: Vitalicus on June 16, 2020, 11:00:16 PM

True! The unpredictable fluctuations in this market are certain and we have to know that. Any investors, traders or holders come in this market have to be aware of the risk of losing their capital when investing, trading or holding cryptocurrencies. Beginners have a common mistake that usually be too panic when the price starts to go down therefore they usually "cut loss" when it isn't necessary.

Cutting losses is a wrong choice, a panic that makes more and more losses. How to be aware of all the risks involved in investing or trading in crypto, by reading and analyzing market conditions, where market prices will move. Technical knowledge and fundamentals are needed, so there are no second mistakes that will end with CUT LOSS, the last choice that is just a waste of money.

I agree on some points but there are instances that cutting losses is much more preferable specially if you do make short or active trades.
You cant just choose to wait up like forever it depends if the coins you've been holding are worthy but in most cases SL's are helpful
for most traders.

AakZaki

legendary

Activity: 2338

Merit: 1084

zknodes.org

Quote from: Vitalicus on June 16, 2020, 11:00:16 PM

True! The unpredictable fluctuations in this market are certain and we have to know that. Any investors, traders or holders come in this market have to be aware of the risk of losing their capital when investing, trading or holding cryptocurrencies. Beginners have a common mistake that usually be too panic when the price starts to go down therefore they usually "cut loss" when it isn't necessary.

Cutting losses is a wrong choice, a panic that makes more and more losses. How to be aware of all the risks involved in investing or trading in crypto, by reading and analyzing market conditions, where market prices will move. Technical knowledge and fundamentals are needed, so there are no second mistakes that will end with CUT LOSS, the last choice that is just a waste of money.

LUCKMCFLY

legendary

Activity: 2590

Merit: 1882

Leading Crypto Sports Betting & Casino Platform

My tactic is simple, 100% of my balance, I only risk 10% to 20% to dedicate myself only to trade, with 51% of profit of the percentage destined I decide whether to take half of the profits and the rest to leave it and increase the percentage. In each operation I do not risk 10% but 8% of the (10-20% already risky), that way if everything goes very wrong, I would only lose a part of the intended percentage and not 100% of it, so far I It has given very good results.

The secret is to have patience and not despair of making profits quickly, it is better to see it as a business, the difference is that ROI is much faster than a traditional business.

Alert31

member

Activity: 1041

Merit: 25

Trident Protocol | Simple «buy-hold-earn» system!

Of course you need to check first the coins you want to trade. Monitore it's market movement and study the graph. Don't invest immediately without knowing the coins to are going to trade to avoid loses. Also if the price go down drastically ,DON'T PANIC because it will cause you to loss. Just be patient when doing trade. Making a profit will not happe in just overnight and short term investment is much risky than the long term. Also use your own strategy and techniques in trading.

btccoffee

sr. member

Activity: 516

Merit: 250

kingcasino.io

Yes agree with that dont trade what you can’t afford to lose because if you lose that you will live you life full of regrets in the future saying you lose because of trading. Like that man he lose all of he’s money in trading and that is he’s foult. Before you start trading you have to do your own research also and do not just rely in some people’s that you don’t even know there name.

tvplus006

legendary

Activity: 2268

Merit: 1655

To the Moon

Quote from: cryptothreads on June 17, 2020, 06:32:23 AM

Money is never born by itself, and this is the natural rule when you choose to invest. I think if you are good, you will easily survive in this market but if you always fail it is best to leave early because the crypto market is very volatile.

In the past, I have been under a lot of pressure when it came to trading, and the first time was the one I was most worried about. Things are different now, but sometimes I still have a risk when investing.

We will never get rid of this risk when investing, no matter how long we do it. But we can reduce these risks if we study the investment object correctly. I have already determined that my main objects in cryptocurrency are bitcoin and ethereum.

YOSHIE

legendary

Activity: 2128

Merit: 1775

The risk in cryptocurrency trading is 'fact', inevitable as well as multi-millionaires in one night and also vice versa investment can lose in the blink of an eye caused by market volatility.

However, for all risks/losses that occur in crypto trading can be avoided by the willingness to learn and ask crypto trading experts, for that I will give a little tip so that you avoid the risk/loss of trading crypto.

First: trading requires skills, learning, understanding and time, patience, if you think trading crypto "get rich quick" is wrong, crypto is not magic or you can say abracadabra.

Second: emotions, this is the single factor to destroy a portfolio in trading, before you make a decision to reduce emotions first, then you make a decision.

Third: if you put all your eggs in one basket "this decision you made in the crypto trade is very wrong" it will pose a dangerous risk for you.

And the fourth: you must be careful and thorough in receiving trade news through the media, etc., you need to research a very accurate news source before taking an action.

All the risks/information that I provide to you, I do it myself, there are more ways to prevent risk in other crypto trading, You can ask again to your closest friends who are experts about trading.

cryptothreads

hero member

Activity: 1274

Merit: 500

Quote from: okala on June 17, 2020, 01:47:48 AM

We cannot always afford not to feel sad or bad in losing money even if we can afford to lose it. Trading should always be seeing as risky business and like other risky business we should be ready to lose and make profits. Remember that when you are making money others are losing it.

Money is never born by itself, and this is the natural rule when you choose to invest. I think if you are good, you will easily survive in this market but if you always fail it is best to leave early because the crypto market is very volatile.

In the past, I have been under a lot of pressure when it came to trading, and the first time was the one I was most worried about. Things are different now, but sometimes I still have a risk when investing.

Topic: Don't trade what you can't risk loosing - page 4. (Read 1758 times)