Topic: Don't trade what you can't risk loosing - page 5. (Read 1758 times)
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.
This has been saying many times here in the forum, where we need to accept that losing some of our coins in the future is just a normal
things for the individual traders in cryptocurrency. Besides, each loss we face in the future is gaining or us to become more mature in trading as well, isn't it?
things for the individual traders in cryptocurrency. Besides, each loss we face in the future is gaining or us to become more mature in trading as well, isn't it?
~snip~
This market is highly volatile and anything can happen within a blink of an eyes, I've seen btc lost more than half it's value in a single day. I implore everyone especially the newbies to always invest in what they can either afford to lose or with a spare cash
When BTC loses half of its value, we as Bitcoin holders must be able to hold Bitcoin until the price returns to normal when we first bought it. Fluctuating market conditions are indeed risks that must be prepared to be faced. Beginners who just understand about investing in bitcoin have a lot of enthusiasm when Bitcoin starts to go up with high prices, but they don't know yet what will happen when bitcoin experiences a big dump. Losing most of the value of bitcoin will definitely occur, if not alert and do not understand where market trends occur.This market is highly volatile and anything can happen within a blink of an eyes, I've seen btc lost more than half it's value in a single day. I implore everyone especially the newbies to always invest in what they can either afford to lose or with a spare cash
~snip~
This market is highly volatile and anything can happen within a blink of an eyes, I've seen btc lost more than half it's value in a single day. I implore everyone especially the newbies to always invest in what they can either afford to lose or with a spare cash
When BTC loses half of its value, we as Bitcoin holders must be able to hold Bitcoin until the price returns to normal when we first bought it. Fluctuating market conditions are indeed risks that must be prepared to be faced. Beginners who just understand about investing in bitcoin have a lot of enthusiasm when Bitcoin starts to go up with high prices, but they don't know yet what will happen when bitcoin experiences a big dump. Losing most of the value of bitcoin will definitely occur, if not alert and do not understand where market trends occur.This market is highly volatile and anything can happen within a blink of an eyes, I've seen btc lost more than half it's value in a single day. I implore everyone especially the newbies to always invest in what they can either afford to lose or with a spare cash
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.
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.
Nice post, this warning is really the basic and number one concept of investing in cryptocurrency market and to be honest, i'd say in every virtual and volatile market. It is quite understandable that the higher the risk, the higher the reward but it is also a known truth that the bigger the risk, the bigger the chances of getting Rekk. This market is highly volatile and anything can happen within a blink of an eyes, I've seen btc lost more than half it's value in a single day. I implore everyone especially the newbies to always invest in what they can either afford to lose or with a spare cash
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.
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.
trading of course there are winners and there are losers,
if you are smart to analyze prices I think it does not matter, if you can not, then you better learn it
if you are smart to analyze prices I think it does not matter, if you can not, then you better learn it
Digital currencies have spread widely and rapidly in recent years and many want to trade and make profits quickly, but nevertheless we must not forget that the crypto market is still a young market and newcomers must learn well how to analyze currencies before starting to put their real money in this market so as not to lose it.
You cannot learn anything until you try it yourself. And trying in the crypto market always costs money.
This means that newcomers will always, to one degree or another, lose money while making mistakes making mistakes.
This is an investment in your own learning.
However, many do not regard this as a natural learning process, but as a problem.
The faster you learn to learn from your mistakes valuable experience, the faster you start earning.
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.
That is indeed true, in bitcoin's scenario, it is the best choice to hold it for a while (depending on it's current cost and the its price when you bought it). However you could also lose some of it's value if you converted/sell it to a lower price of its price of you buying it. But that will be just a small lost for you. So small compared to that man being an example above. And the risk also is very little.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 think he is idiot and is so rampant on btc trading, but I believe he learned a lot from that lost. Imagine losing 10BTC for a very short period of time, such a fool.
Take control of yourself and do not go all in if you knew nothing.
This is the truth and reality that every newbie must hodl on to.
Trading with funds that you can afford to lose gives you peace of mind, and the required calmness to trade efficiently.
That way, you are not under any pressure to perform.
Actually, this is a simple thing. you just don't need to put all your money into trading. however, it has a big risk. if you want to be serious about this, that's very good, but don't ever take a greater risk than what you can bear. my suggestion is to use your assets below 50%.Trading with funds that you can afford to lose gives you peace of mind, and the required calmness to trade efficiently.
That way, you are not under any pressure to perform.
Yes, it's very simple rule and yet don't all traders obey it. Otherwise there wouldn't be so many traders in losses they can't cover. The thing.is that they believe if they push a bit harder, even above their limits they will cover losses and even make profit.
The problem is.that some traders are not so good in risk management or they just ignore it, they don't plan the funds in advance or calculate the possible amount of loss in their trading strategy. If they have one.
This is the truth and reality that every newbie must hodl on to.
Trading with funds that you can afford to lose gives you peace of mind, and the required calmness to trade efficiently.
That way, you are not under any pressure to perform.
Actually, this is a simple thing. you just don't need to put all your money into trading. however, it has a big risk. if you want to be serious about this, that's very good, but don't ever take a greater risk than what you can bear. my suggestion is to use your assets below 50%. Trading with funds that you can afford to lose gives you peace of mind, and the required calmness to trade efficiently.
That way, you are not under any pressure to perform.
Bitcoin trading is a high-risk activity, so use your capital wisely. Which means don't use all your capital we have for trading,
because of the worst case scenario we can lose all the capital we have. So my advice is to use 50% for bitcoin trading, then
save the rest in fiat or stablecoins. Or as in the opening post it has been explained to just hold bitcoin that you have, that's
the easiest way to trade bitcoin in my opinion.
because of the worst case scenario we can lose all the capital we have. So my advice is to use 50% for bitcoin trading, then
save the rest in fiat or stablecoins. Or as in the opening post it has been explained to just hold bitcoin that you have, that's
the easiest way to trade bitcoin in my opinion.
Digital currencies have spread widely and rapidly in recent years and many want to trade and make profits quickly, but nevertheless we must not forget that the crypto market is still a young market and newcomers must learn well how to analyze currencies before starting to put their real money in this market so as not to lose it.
When it comes to making profits then it doesnt really matter if this market is new or young because trading will always target out on moving prices.If you are new or veteran then you would really deal on the same thing which is this very speculative and wavy market.If you wont risk something then you
wont earn nothing.Its just a matter of choice though and hardwork and experience and we know that this market is way too risky but somewhat can be handled
if you do already know on how to deal with volatility.
This is the truth and reality that every newbie must hodl on to.
Trading with funds that you can afford to lose gives you peace of mind, and the required calmness to trade efficiently.
That way, you are not under any pressure to perform.
Trading with funds that you can afford to lose gives you peace of mind, and the required calmness to trade efficiently.
That way, you are not under any pressure to perform.
Digital currencies have spread widely and rapidly in recent years and many want to trade and make profits quickly, but nevertheless we must not forget that the crypto market is still a young market and newcomers must learn well how to analyze currencies before starting to put their real money in this market so as not to lose it.
The risk you can take is not the risk you can't afford to lose, that is why they are different. If you have a portfolio and you invest 50% on something, that is not really risk you can't afford to lose, you already have a 100% portfolio you put aside and you are playing with that, you can lose 100% of it and you would still be able to afford your regular life, would hurt you a lot emotionally and even financially but it wouldn't put you in a homeless shelter.
Whereas we are talking about people who do not have any money in investment right now and only money he saved, putting more than he saved and even the money he takes out as a loan from bank into trading something he is not really that much aware of, hell even if he is aware of it. That is why I think there is really no reason to trade what you can't afford to lose right now.
Whereas we are talking about people who do not have any money in investment right now and only money he saved, putting more than he saved and even the money he takes out as a loan from bank into trading something he is not really that much aware of, hell even if he is aware of it. That is why I think there is really no reason to trade what you can't afford to lose right now.
Beginner like me needs more time to research on how to trade, or maybe asking someone who's more experienced in this field will help a lot, but at the end follow only yourself. Just try to pick some strategies from them. I think try to risk small amount first, whenever it's failed then it's fine. Don't ever risk everything you have or else you'll get disappointed.Maybe in your next trade you know more and how to handle it.
I really like the sentence: "Experience is the best teacher"...to start trading is very normal you have to experience losses many times, there is not a single trader in this world who has never lost, each of us must have experienced it but the amount of loss is different. losing is natural but you can make it a lesson to be better in the future.
We take risk all the time, but sometimes there are risks that I am willing to take if i know my chances, For instance if i know the market will go up substantially I would probably bid 20-50% of my portfolio. It's all about taking risk and how you deal with it.
it is indeed the best way to see the development that we can take next. however, putting all of them in one shell is fatal exhaustion. so many negative things that can happen from doing that. to be honest, I also agree to include 30 to 50% of the assets we have in the decisions we will make. When many people invest in trading, they only think that trading means making a profit and trading can lead to financial security very quickly but there are many more things we need to know about trading that many of us don't know and start trading without learning. Gives. That’s why at one point we get frustrated.
Some people think investing is actually easy.
I guess some people would say that whose so much adapted to the market but still, the market is so volatile that everyone even experts and knowledgeable ones will still lose. But then if they actually experienced the market, they would be saying that Bitcoin is a bad investment because of its volatility not even knowing that it is the reason why a lot of people are actually investing on it.
Beginner like me needs more time to research on how to trade, or maybe asking someone who's more experienced in this field will help a lot, but at the end follow only yourself. Just try to pick some strategies from them. I think try to risk small amount first, whenever it's failed then it's fine. Don't ever risk everything you have or else you'll get disappointed.Maybe in your next trade you know more and how to handle it.
I think of myself as a beginner in crypto-currencies. Trading is very risking, for now I am focused on
accumulating and holding for long-term. One day when I have enough coins to cover everything I need
I will start trading!
It's similar with investing, I don't invest what I can't afford to lose, but investing in long-term has less
risks than speculating the price in short-term.
Jump to: