How to understand risk in crypto - page 10.

cocoadreamboy

jr. member

Activity: 378

Merit: 5

Quote from: ttcsalam on June 29, 2019, 01:44:08 AM

It's just as good as that. Before investing, you should invest in thinking or analyzing news analysis. However, most investors do not complain about this. They only invest on the basis of the market growth and invest in them.

That method is incredibly dangerous. If you do that you will get your money taken from you. Crypto news is propaganda, not even thinly veiled propaganda.

If you want to invest with knowledge of the true risk, check out my site:

https://www.amsinger.org

I made it so people don't have to trust "crypto news" which is like trusting a politician,

Aaron

Oceat

sr. member

Activity: 2506

Merit: 368

Quote from: JohnBitCo on June 30, 2019, 01:05:51 PM

Quote from: sherenikaw on June 28, 2019, 06:42:07 PM

Nice.
Crypto world involves two big main things, profit, and risk.
And how to know the risks, we can learn from ourself experience, others, and also crypto information. So far, we know that the risks of crypto worlds are losing, scammed, and also phishing and more other shitcoins. However, those risks always lead us for the better condition in order to be more aware and careful to avoid the risks.

Profit and Risk are directly proportional to each other. The higher the risk, the higher are the chances of profit. Since bitcoin & crypto are volatile in nature, both profit and risk are high. You can gain quick money and lose all money if you are not careful in crypto and trading.

That's the risk on a positive side but what about the other side?
Well, here is a thing, i'd rather take the risk of losing while learning everything than losing without even understanding something.
Crypto world is a very risky place which means if you don't know anything you will be left with nothing if you try to get something without knowing something first.

JohnBitCo

sr. member

Activity: 2030

Merit: 356

Quote from: sherenikaw on June 28, 2019, 06:42:07 PM

Nice.
Crypto world involves two big main things, profit, and risk.
And how to know the risks, we can learn from ourself experience, others, and also crypto information. So far, we know that the risks of crypto worlds are losing, scammed, and also phishing and more other shitcoins. However, those risks always lead us for the better condition in order to be more aware and careful to avoid the risks.

Profit and Risk are directly proportional to each other. The higher the risk, the higher are the chances of profit. Since bitcoin & crypto are volatile in nature, both profit and risk are high. You can gain quick money and lose all money if you are not careful in crypto and trading.

paul_ammit

newbie

Activity: 38

Merit: 0

The main issue here its hype. The majority don't even know what they're investing in and would prefer to listen to the crowd. And after that prices crash once you've bought into it. It's really important to arm yourself with bits of knowledge before hopping on the hype train.

TheCrimsonFucker

sr. member

Activity: 617

Merit: 251

It's great to understand, this market encrypted because it is a market with great risk and variations, but because of this variation it ends up attracting many users without information, eventually investing and losing everything!

xWolfx

member

Activity: 322

Merit: 20

Donating 10% to charity

It's simple man, in Holding long term there is none.

Of course that there will always be the what if possibility inside our minds but we need to overcome those doubts and keep going. Of course, each person is responsible for their own actions and that is what scares many.

iHODL4

newbie

Activity: 150

Merit: 0

Quote from: Ghebung Masam on June 27, 2019, 11:28:04 AM

in fact every investment must have a risk but how do we minimize the risk by analyzing and predicting a surge in prices and when we have to buy and sell.

Aside from these detailed info analysis, one must somehow understand and get to know their own "gut feel" surrounding everything (after filtering all that noise). Since after all is said and done, the ball definitely stops at some point and one must ultimately decide to trigger those inner demons to either buy or sell, or still hodl instead. Shocked

markgayamo

member

Activity: 378

Merit: 11

Risk is part of our life when you try something new like investing and buying in cryptocurrency. If you are a risk taker then invest more of your money and if you want to buy coins that you think has a good potential to pump in the future then do it. Every people have their own decision when it comes to investments and always be ready for the results of your choice.

Mehr Sher

jr. member

Activity: 206

Merit: 2

The simplest formula to understand risk of market is to get knowledge about the Bitcoin History, if you have figured that out right, it will for sure bring results for us. However, if we are going in without doing our search on the history of Crypto, it will just not put us on right side. So this is where we really have to be watchful and try digging as deep as we can. It is the only and actual way that we will be able to benefit through.

shulc7

full member

Activity: 518

Merit: 100

Quote from: Youghoor on June 28, 2019, 06:54:59 PM

The only way you can really understand the risks in crypto is knowing the basic ideology of the entire nature of the crypto ecosystem. This helps you to develop good strategies and plans to maximize your profits from your investments...

You must realize that you will take risks every day working with cryptocurrencies before you start dealing with Bitcoin and tokens. Risks can be not too high if you invest in reliable BTC and Ethereum.

Genamant

full member

Activity: 730

Merit: 102

Trphy.io

i think the best way to understand the risks in crypto is to experience it
oh my God i am speaking through my experience , its true . Sometimes knowing it is not enough
you think you know it but suddenly it slams to your face but then its a lesson learn.
Respect the Market , accept that not all you think is right. then you lessen the risks.

cocoadreamboy

jr. member

Activity: 378

Merit: 5

Quote from: Vinalians on June 29, 2019, 04:29:00 AM

As I see the article about it, I can say that it will be very knowledgable to all people who use cryptocurrency and those who will just about to use any cryptocurrency. Well, it is pretty obvious that investing in cryptocurrency involves risk because money is also involved right. But, there are some guides in this article to know easily how and what to do before investing in a new project or any coin.
I just hope they just elaborate on some terminologies that they use in the article.

Which article are you referring to, and what terminologies would you like clarification on?

I am happy to help,

Aaron

christian07

full member

Activity: 265

Merit: 102

Crypto investment is very risky like if you do invest here then this is unpredictable so better to study this little by little then experience this so try this like invest only little to learn how this will works then if you learn already then risk big another thing listen first to some users that already here in forum for so long about investment

cocoadreamboy

jr. member

Activity: 378

Merit: 5

Quote from: ?? on ??

To understand your risk when trading anything you need knowledge. You can't become a currency trader overnight.

Forex has been around for sometime before cryptocurrencies. These people established an industry and have provided plenty of educational material to help people learn to trade.

First off, there is fundamental analysis and technical analysis. Long term traders use fundamentals more and short term traders look at technical (charts) analysis more - but both are needed.

Don't trade news is something you hear often in Forex.

Once you learn how to use the two analysis types above, and test test test various strategies that work, you will become better at reading the market by just eyes and ears.

Know what a bubble or pump and dump looks like. Don't get caught in these unless you are good at technical analysis.

Learn what ceilings (resistance) and floors (support) are. Learn what Fibonacci is and how it's used on a chart... etc, etc.

I'm no expert. I've dabbled with forex for many years with small money, and have won many trades and lost some as well.

Here is a site I used to learn trading: https://www.babypips.com/learn/forex
It's not specific to crpyto but you can get a bump in knowledge here.

I truly believe forex and crypto are matches made in heaven. I lean towards fundamental analysis based on creation costs more than technical analysis. This has led me to be usually too early in my trades, which I am always striving to improve. In 2017 I was too early on numerous trades by 2-4 months. Now I have generally shortened that to 1-2 months. I have learned that the market moves slower than I originally expected, and I have developed my risk analysis with that in mind.

You can find my crypto fundamental analysis here:

https://www.amsinger.org/sample-analysis

Markets are constantly changing and growing, good analysis is what gives us the power to measure that.

Aaron

cocoadreamboy

jr. member

Activity: 378

Merit: 5

Quote from: denasha92 on June 28, 2019, 07:44:42 PM

indeed the second point that you describe is a fundamental thing that becomes a risk which is scary for users, but the risks we have to manage with the good one does is take the right financial decisions and use a multilayered security to minimize hacker attacks. in addition, we should not be careless and should be able to learn and understand the various cases that occur so that we can prevent the risks that may occur

I lost 2.35 bitcoin due to a security failure a few years back... It wasn't worth much then, but now it is worth a hearty chunk o change lol

Live and learn, and also don't make passwords while under the influence Wink

We all have to grow and develop to become the professionals that we strive to be. Opsec is now #1 priority for me, and I have never lost a single coin since

Aaron

Vinalians

sr. member

Activity: 819

Merit: 251

As I see the article about it, I can say that it will be very knowledgable to all people who use cryptocurrency and those who will just about to use any cryptocurrency. Well, it is pretty obvious that investing in cryptocurrency involves risk because money is also involved right. But, there are some guides in this article to know easily how and what to do before investing in a new project or any coin.
I just hope they just elaborate on some terminologies that they use in the article.

ttcsalam

copper member

Activity: 1120

Merit: 2

It's just as good as that. Before investing, you should invest in thinking or analyzing news analysis. However, most investors do not complain about this. They only invest on the basis of the market growth and invest in them.

Herbert2020

legendary

Activity: 1946

Merit: 1137

the biggest risk that you need to understand, specially when you are entering the cryptocurrency market also known as altcoin market, is the risk of pump and dumps since they are the dominating force in the altcoin market and that is what you see every day of the week.
and since pump and dump is something 100% unpredictable, you will always be at the risk of getting dumped on by the pumpers who are controlling that altcoin's price and unfortunately there is no escaping that which is why many investors tend to never even get into any altcoins.

denasha92

member

Activity: 616

Merit: 10

Quote from: Emilyp on June 28, 2019, 06:25:54 PM

There are 2 major risks which I believe is predominant in crypto. First is the loss of investment as a result of price fall, this part is very scary because you can decide to hodl a certain coin only to come back and discover that it has lost its value. Secondly is the issue of security, one has to be very careful else the person will become a victim of crypto wallet hack.

indeed the second point that you describe is a fundamental thing that becomes a risk which is scary for users, but the risks we have to manage with the good one does is take the right financial decisions and use a multilayered security to minimize hacker attacks. in addition, we should not be careless and should be able to learn and understand the various cases that occur so that we can prevent the risks that may occur

cocoadreamboy

jr. member

Activity: 378

Merit: 5

I can't tell you all how happy I am to see people sharing their experiences and views on this difficult and complex topic. I assume most of us have both made lots of money and lost lots of money in crypto.

The nature of crypto is very isolated, for example I have only met 3 other people that invested in crypto in real life. It has been difficult and painstaking to learn my crypto lessons. It is very nice to hear you all share your lessons and to see what you look for and think about when you look into crypto.

My heart is warmed by this.

I hope more people feel comfortable sharing their views,

Aaron

Topic: How to understand risk in crypto - page 10. (Read 2551 times)