Mentally accepting loss is the key to not be disappointed after red streak, trading is zero sum game. Unlike gambling, you can cut your losses so be wise and never chase the green market in bear market.
Unlike gambling, you can check the conditions and find the perfect combination for your planned trades. There are a lot of alternatives to trading but the gambling is not even mechanism to make money. One for fun and one for making money, from my own experience.
Topic: investment and loss anticipation - page 4. (Read 891 times)
In my opinion don't rely on crypto investment if we are planning to invest for financial stability in old age. Investing in crypto usually is very risky, eventhough the return is out of our mind, but not a few people having a huge loss. So, only invest money that we're "okay" if we lose it. Because relying on crypto investment for our future savings is high risk in this kind of volatile market
I disagree, investing in bitcoin is probably the best strategy for your retirement especially if you are young, anyone that buys bitcoin today and can hold for 30 years will get a lot more money than what they put on.Just think about it, bitcoin already has 100 million users after a little bit more than a decade of being in the market, how many people do you think will use bitcoin in 30 years or more? Even if that number is only a billion people we could easily see being 10x to 20x more expensive than today and that will more than enough to make your retirement way easier.
When he wants to invest in crypto, he does not have to sell after a few hours if the price still does not increase. Instead of selling after a few hours or days later, he can hold it and wait for a while until the price increase. Investing in crypto needs patient to see the price will be at a high price and we can not hope that the price will increase after we bought. We can set the alarm to know when the price will start to increase to prepare to place an order to sell.
That's right, the mistake we often encounter is that we just bought it and can't bear to sell it again just because it went up a few percent. but that's what has to be controlled.
sometimes it is difficult especially for traders who have just joined and made the first transaction. This is a very natural thing, because we have been in that position. as an illustration we should be able to become holders for a while. at least a week for the first try while learning to analyze prices as much as possible.
what steps should we take?
First, it is a must before releasing any fund for investment to study the feasibility of success on the investment. Research the project, verify the developer, and check the strength of the marketing team of the said project. Also only invest what you can afford to lose because there is always a possibility that the investment can go southward due to unknown circumstances that dev and investors have no grasp no matter how great is our risk control management.
Talking about cryptocurrencies, of course, it doesn't rule out investing or stocks, in this case, of course we have to be careful in investing because investing also contains risks. The risk here is to lose funds or other assets when the investment does not live up to expectations or even fails. Yes, it is true that we cannot invest and then only expect profits without understanding the risk of loss, but to warn of all possible losses, what steps should we take?
Due diligence is a must because crypto world is wilder then stock, you can not compare it !!. No regulator here especialy if you want to invest on anonym project. My first investment for new project in this induatries since this bullish phase ( 2020-2021 ) only 3 vompany and maybe will be 4.
1. Xsl labs : syl token have real use case and team is not anonym
2. Sovryn : because pompliano and his syndicate also invest 10 million dollar on it
3. Vulcan forged : because the project always give me a new progress of their development.
Next one i will put on babelfish because it is collaborate with sovryn and only in sovryn platform.
Above is not financial advice, please do your own research, if you agree with my due diligence you can go too.
the first step is to see what investment journey we will take, and also have to prepare mentally in advance to invest, not always profits come in investing..
after that don't spend all the funds we have to invest at one point,, there must be a second choice that we choose, this can all be a savior..
after that don't spend all the funds we have to invest at one point,, there must be a second choice that we choose, this can all be a savior..
Of course, there are many steps that must be followed, don't just choose a project to invest in, you must know all the analytical data from all directions, basically there are many other things that must be understood, don't get carried away. the news that is currently hot so that it plunges us into being interested in joining
Make sure before joining the project we need to do our own research and analysis,I think it's an important thing that we have to do in order to get a promising project,
but indeed it is not easy it takes more effort for sure
Of course, there are many steps that must be followed, don't just choose a project to invest in, you must know all the analytical data from all directions, basically there are many other things that must be understood, don't get carried away. the news that is currently hot so that it plunges us into being interested in joining
Talking about cryptocurrencies, of course, it doesn't rule out investing or stocks, in this case, of course we have to be careful in investing because investing also contains risks. The risk here is to lose funds or other assets when the investment does not live up to expectations or even fails. Yes, it is true that we cannot invest and then only expect profits without understanding the risk of loss, but to warn of all possible losses, what steps should we take?
the first step is that you have to be prepared with the risks of investing in cryptocurrency, then I also advise you to invest in cryptocurrency that are already popular, because they are safer and of course the price will definitely continue to increase very high in the future, so of course you will definitely be able to get a lot of profit from investing in cryptocurrency for the long term and I recommend you to invest in Bitcoin dan Ethereum. Crypto investment is still considered a highly risk move as form of investment since it's till base in mere speculation from here and there.
One has to be ready to accept whatever outcome of the market gives back at your investment, it may either comes in as a profit, huge profit, loss and huge loss. One you should be psychological and emotionally ready to accept the consequences and never should borrow money or loan to buy any coins.
One has to be ready to accept whatever outcome of the market gives back at your investment, it may either comes in as a profit, huge profit, loss and huge loss. One you should be psychological and emotionally ready to accept the consequences and never should borrow money or loan to buy any coins.
To utter about wanting to invest in cryptocurrency is easy but in my own opinion we should know first in ourselves if we're really ready to invest. How much you're going or you're afford to risk? Do you really know already which crypto token you're going to invest? Do you have had a deep research about your prospects token and so on and so forth. There are so many things that should be needed to consider in investing in cryptocurrency. Back at the time when I was a newbie trader I admit that I am very afraid to lose, it takes me a year to convinced myself to invest in crypto token. I see to myself that I am ready and I am knowledgeable enough which token is good for me. This is something that need to be thinking of wisely.
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It is a huge risk when you are investing in cryptos, due to its trading mode is 24 hours a day, and there are no limits on how much you can go up or down.
If you really want to invest in cryptocurrencies, then i recommend only investing in money that you can afford to lose, so that the stress is not too great and even HODL a few years you won't panic.
When he wants to invest in crypto, he does not have to sell after a few hours if the price still does not increase. Instead of selling after a few hours or days later, he can hold it and wait for a while until the price increase. Investing in crypto needs patient to see the price will be at a high price and we can not hope that the price will increase after we bought. We can set the alarm to know when the price will start to increase to prepare to place an order to sell. If you really want to invest in cryptocurrencies, then i recommend only investing in money that you can afford to lose, so that the stress is not too great and even HODL a few years you won't panic.
investing in the crypto world is very easy to do, because we buy coins and we can manage it ourselves, there is no third party for this,
this is the advantage, and of course it is very safe to use, but if you don't want to lose of course you have to anticipate it in a way the right one,
for example by put a stop loss on every investment
Sorry but you are wrong...now to ask you have you try investing in real life? this is the advantage, and of course it is very safe to use, but if you don't want to lose of course you have to anticipate it in a way the right one,
for example by put a stop loss on every investment
yes, it was easy to buy but doesn't just like that. You need some market analysis if you want to earn from your investment as not all the time is a good buying price. In this case, you are giving a reason for you to lose.
Exchanges will be considered as 3rd party unless if you are using P2P transactions.
It is a huge risk when you are investing in cryptos, due to its trading mode is 24 hours a day, and there are no limits on how much you can go up or down.
If you really want to invest in cryptocurrencies, then i recommend only investing in money that you can afford to lose, so that the stress is not too great and even HODL a few years you won't panic.
If you really want to invest in cryptocurrencies, then i recommend only investing in money that you can afford to lose, so that the stress is not too great and even HODL a few years you won't panic.
The best thing to accept losses is only invest that you not afraid to lost. That will help you in investing in general
Most people do not know about the risk of crypto investment. They invest in crypto because they follow the news from social media without searching for more about cryptocurrencies. The first thing that we need to know is learning when to invest in crypto, how long the investment and when we should take profit because many people do not know when they should sell their coin. Managing the risk will be the thing that we must do to make a profit from the investment.
It is important when you do an investment you have to accept risk that might happen in a near future so you should invest only your spare money. Make it sure before putting funds as investment you already have researched the coin and also make it sure that you have an action plan and strategies to be applied whether it is for short term, medium or long term.
The most important part is the timing mate..- Timing will bring you profit even in short time.
- Timing will make you satisfy in a small span of time if you get it perfectly .
- Timing can save you from more work checking the market from time to time.
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Those mentioned is what i consider mostly when i invest but readying myself in what terms might come along the way.
DYOR,
Most people who enter this field only look at the portion of profit they think it can make in a short period of time. And in fact, not many people have such luck, there will be very few people participating and calculating for themselves the risks they may encounter, but in my opinion it is a random and convenient law and time will always be something that we will have to trade.
Most people who enter this field only look at the portion of profit they think it can make in a short period of time. And in fact, not many people have such luck, there will be very few people participating and calculating for themselves the risks they may encounter, but in my opinion it is a random and convenient law and time will always be something that we will have to trade.
investing in the crypto world is very easy to do, because we buy coins and we can manage it ourselves, there is no third party for this,
this is the advantage, and of course it is very safe to use, but if you don't want to lose of course you have to anticipate it in a way the right one,
for example by put a stop loss on every investment
this is the advantage, and of course it is very safe to use, but if you don't want to lose of course you have to anticipate it in a way the right one,
for example by put a stop loss on every investment
many newbies lose their money because they actually don't know the right ways to invest and also they only follow buying because of the hype at that time. So, this will never end if someone gets into crypto not based on their own research and analysis. Or at least learning about crypto, its risks, and also the chances to earn money.
If we only think about the profits, we can lose easily. If we can think about the risks, we will learn more to make certain the best strategy in order to minimize the loss.
If we only think about the profits, we can lose easily. If we can think about the risks, we will learn more to make certain the best strategy in order to minimize the loss.
It is important when you do an investment you have to accept risk that might happen in a near future so you should invest only your spare money. Make it sure before putting funds as investment you already have researched the coin and also make it sure that you have an action plan and strategies to be applied whether it is for short term, medium or long term.
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