Topic: Don't trade what you can't risk loosing - page 6. (Read 1758 times)
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.
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.
In my opinion i will advice you even risk what you can lose for holdings. There a lot of coins out there that people have lost in just by holding. Cryptocurrency is a business and a business involves risk. So it’s always best to take calculated risk.
Risks are sometimes difficult to calculate. It all depends on your experience.
When you are not experienced, your understanding of the risks will be too superficial and you will risk too much that will lead to multiple losses. However, this particular path will lead to a good understanding of the risks.
While you are a beginner it is best to risk small amounts. For example, divide the deposit into 20 parts (whatever it may be), and risk 1 part at a time, analyzing each result obtained.
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.
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.
The guy that said he traded 10 BTC and lost it all due to being wrongly influenced, I think that guy is lying. Let's be sincere here, I don't see the possibilities of anyone trading here and losing everything they put in that trade up to the extent of losing 10 BTC at once.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.
This looks like a joke, I'd accept that you lost 50%, but telling me that you put 10 BTC at once and lost it at once must be a joke. If it does happen, then I have not seen it happen. Unless he was into options trading and forex trading? And maybe he put in 10 BTC worth at once and lost it. That's the area I think it can be possible, because in those two, any money you start trading with will either get profit or disappear for good.
Almost the same principle that applies to gambling. People see to forget all the safety measures and warnings way too often. They look to make quick profit or willing to risk large amounts without having the right knowledge.
Greed is something which if not controlled could be dangerous and can have many adverse effects of it. Be it financial, mentally or in relationship it can have the ill effects of it. Also be it trading or gambling, only invest or play with the amount that you can afford to lose as it is not easy to make money from it. Trading require skill and patience to get it right and those who cannot manage it better to stay away from it.
Number one golden rule: Invest what you can afford to loose. Curtailing greed and practicing self discipline is the key to becoming successful in trading as much as getting the requisite skills. When i trade, I focus on my set target with stoploss, at 5 - 10 percent profit, I am off. I don't mind the ride
Stop loss is recommended but only to those people who do just actively trading up but for long term holds then it wont really be that relevant.
Of course we should really put up on our mind that we only invest on the amount that we can afford to lose since we know on how unpredictable
this market is. When you are just starting up then this wont really be a simple journey, im not saying that this cant really be mastered but
it will surely takes a lot of time and engagement before you can grasp this one.
In my opinion i will advice you even risk what you can lose for holdings. There a lot of coins out there that people have lost in just by holding. Cryptocurrency is a business and a business involves risk. So it’s always best to take calculated risk.
This is one of the most important topics in arguments over how to save your life. Now if you do risk the amount of money you can risk of losing, you are going to only trade with small amounts that will not change your life. Bitcoin will not suddenly make 10000x profit to you, neither will any of the altcoins, there is no way you can get in with 100 dollars and suddenly become a millionaire.
But what we can do is actually risk the whole amount, the amount we can't risk to lose normally, and even use leverage on it as well, be as risky as possible and basically risk going out of business, becoming bankrupt, having huge debt. But if we are right, if we do this one time correctly, we could actually change our whole life and never have to worry about money ever again. So do you risk everything for having much better everything?
But what we can do is actually risk the whole amount, the amount we can't risk to lose normally, and even use leverage on it as well, be as risky as possible and basically risk going out of business, becoming bankrupt, having huge debt. But if we are right, if we do this one time correctly, we could actually change our whole life and never have to worry about money ever again. So do you risk everything for having much better everything?
I totally agree with you. Crypto is a dangerous market and full of risks. You can lose all your money with just one trade if you don't pay attention and have experience. Cryptocurrencies market is the only market where prices can fluctuate by tens of% per day or even a few seconds - this will make it impossible for you to handle them without your experience. Therefore, first you need to understand the market, how to trade, about indicator tools, how to set stoploss ... That's how to help you survive and not lose money.
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 what happens if you jump straight into anything without calculating the risks involved in it. The person should have tried to trade with a small bankroll and then if he would have gotten good results then gradually would have started increasing the amount of money per trade. He didn't do his own research and paid a hefty price due ignorance in the first place. 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.
There are risks involved in doing business so we should always attempt to avoid risks
if its involved it also means its attached . you cant avoid it but risk does not mean that something bad will happen to you because they arent still guarantee 100 percent that they will occur .Managing the risk does not mean you'll be profitable as its a different thing, managing the risk means minimizing the risk by diversifying your investment.
There are risks involved in doing business so we should always attempt to avoid risks
if its involved it also means its attached . you cant avoid it but risk does not mean that something bad will happen to you because they arent still guarantee 100 percent that they will occur .Quote
Re: Don't trade what you can't risk loosing
i often hear this popular advice but this is hard to follow , i know because i myself also did the mistake too till now . i find my self betting outside my comfort zone because i only want to recover my past small losses . small but too often so in my mind , the only recover them in a fast way is to trade bigger amounts at once . 
Well, people who have money and wanted to multiply then into more in short time may find crypto is a real opportunity but they don't understand the risk behind trading cryptos so they lose more.
I agree, I have done it once I almost tripled my money in just a day because of a single trade 
but the risk is too high for that I'll never do it again I swear. Crypto is for every one but trading? Uh oh no it's not.I do not know the details of your transaction, but I am sure that you have tripled the small amount of your Deposit. It is much easier to risk a small Deposit than a large one. I did this when I first started trading, and it was like a casino. But now I understand that you can't use your entire Deposit on a single transaction.
Starting trading from small capital is the best way to be successful in the world of trading, we become trained to manage capital
will be used. If you have succeeded in trading with small capital, then when using large capital will succeed too. Then always use
capital that we can afford to lose, so it's easier to get up if it loses. Facing risks in trading is not easy, so the best we can do to
avoid trading risk by holding.
will be used. If you have succeeded in trading with small capital, then when using large capital will succeed too. Then always use
capital that we can afford to lose, so it's easier to get up if it loses. Facing risks in trading is not easy, so the best we can do to
avoid trading risk by holding.
While the numbers vary slightly from study to study, the fact is many traders will lose money and it can't be avoided. All sorts of reasons are given for the losses, including poor money management, bad timing, or a poor strategy. Most traders will lose regardless of what methods they employ. Crypto trading refers to opening and closing the same stock positions during one trading day.
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.
in the crypto currency the risk is very high, because high volatility makes it easy for people to lose a lot of money, I've also experienced it, and until now I still hold the coin
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.
Almost the same principle that applies to gambling. People see to forget all the safety measures and warnings way too often. They look to make quick profit or willing to risk large amounts without having the right knowledge.
all is product of Greediness and that attitude makes everyone losses either in trading or in Gambling,because if you cannot be contented and always seeking for Bigger money then you will be at risk every time.why not just let your self gather small profit at least assure than expecting higher but in time you will fail.
You are very correct OP, it is not limited yo trading but to every form of investment, always ensure you invest an amount you are able to bear its loss, do not borrow to trade or invest and always trade with core knowledge and emotional balance
it's only natural if we invest in assets that we can sacrifice. we will not know what risks we will face in the future, because in the world of commerce, everything is possible. so far, I've noticed a lot of people who quit because they invest so unnaturally, that they are even willing to go into debt. however, this is a solution for the beginning of trading.the problem in others is they are investing here to make money in short time thats why when the price sudden drop?they will lose and blame the market.
Almost the same principle that applies to gambling. People see to forget all the safety measures and warnings way too often. They look to make quick profit or willing to risk large amounts without having the right knowledge.
You are very correct OP, it is not limited yo trading but to every form of investment, always ensure you invest an amount you are able to bear its loss, do not borrow to trade or invest and always trade with core knowledge and emotional balance
The reason that people are losing when it comes to trading is because the people who introduced them trading or investing is that they never specify that it is a slow process and that there are so many risk, these people are not to be blamed though because they didn't know it too, they are as innocent the people who want to embark on a trading and investing journey. The real fault lies on the individual because they are to blinded by the riches that the endeavor promises, remember that all that glitters is not gold. We can always put our mind into it if we want to become successful in these, we must constantly remind ourselves that trading and investing means growing.Jump to: