this is an absolute requirement for some people's desire for business, wanting a safe and doubled profit. If people are aware of crypto from the beginning and are published throughout the print media and commercial electronic media and appear in advertisements, the story may be different until this moment. Even the layman asking for her hand considering the initial phase of crypto launching was very easy and almost worthless.
it can't be separated from the main risk, in this discussion, of course we have to accept it
1. the price fluctuates
2. vulnerability
3. data security
4 Moreover, there are also rogue and fraudulent exchanges or places to invest.
5. the target of irresponsible persons with manipulation and there is no agency / agency to report
Of course the benefits of crypto are also not solely from the weaknesses above.
now should be the right year to ask for her hand before returning to ath, which has happened, especially bitcoin,
back to money management, how much we target can profit or even hit a loss. That's a risk
Topic: No where is actually safe - page 2. (Read 1177 times)
Cryptocurrency is not as easy as most people think. Even if one buy a coin to hodl, if the person don't have patient mind to wait to make profit the person may decides to sell it , also if the person don't have a job as a source of income the person won't be able to wait and may decide to sell it to solve problems.
Any investment wouldnt really be easy because buying and selling thing wouldnt really be simple as it sounds as if these things would really be taking lots of considerations before you could do such step or decisionon a specific situation or condition.
Dont think about being safe because any investment does have its own risks of losing money instead of gaining.This is why trying your best on using up risks management
and good emotion handling.
Bad decisions do comes out on these kind of times and if you dont have that kind of control then you would really be seeing this as a big problem.
Cryptocurrency is not as easy as most people think. Even if one buy a coin to hodl, if the person don't have patient mind to wait to make profit the person may decides to sell it , also if the person don't have a job as a source of income the person won't be able to wait and may decide to sell it to solve problems.
In fact, the bitcoin price cycle from the beginning has a lot of similarities, and this is usually influenced by newcomers who may just follow investment trends among enthusiasts so that they get investment losses without gaining valuable momentum because ignorance of this mistake there is a prospect to abandon it and throw it away while the others hold on and settle down while learning the realities and systems of blockchain and crypto
That would be a bad idea if a newbie will invest just because of a trend without doing a research themselves if it's worth to invest or not and if it's a good idea to abandon or still use crypto. Scammers would also be a problem for some as they might get discouraged in crypto because of these scammers if ever some newbies fall in many scam ways that a scammer can think of unless newbies will increase their security and be knowledgeable so that detecting a scam scheme will be easy. 
In fact, the bitcoin price cycle from the beginning has a lot of similarities, and this is usually influenced by newcomers who may just follow investment trends among enthusiasts so that they get investment losses without gaining valuable momentum because ignorance of this mistake there is a prospect to abandon it and throw it away while the others hold on and settle down while learning the realities and systems of blockchain and crypto
I'd actually argue that crypto/bitcoin is actually quite safe for the long run.
Given the tokenomics of bitcoin, it is disinflationary and have a capped supply. So long as there is no massive failure to the network it's hard to see how its value will underperform fiat over the long run.
But diversification is certainly key especially if you are looking at risky assets like crypto. Diversify both within asset classes and across asset classes. Even if you are the most ardent crypto holder, you should diversify in fiat assets like stocks to cover your back.
Given the tokenomics of bitcoin, it is disinflationary and have a capped supply. So long as there is no massive failure to the network it's hard to see how its value will underperform fiat over the long run.
But diversification is certainly key especially if you are looking at risky assets like crypto. Diversify both within asset classes and across asset classes. Even if you are the most ardent crypto holder, you should diversify in fiat assets like stocks to cover your back.
The technology is safe and all, the only problem like any cause of the problem is the people, if people are stupid and careless, even a bouncy castle can kill someone. A little introspection can help a lot sometimes, maybe it's not the tech but maybe it's the one who uses it.
Technically what you say is correct because the problem is not with the system or technology but the people who use it in a dirty way and can be said to be criminals.but actually things like this I think are very easy to prevent when we really understand both in managing and analyzing something.
but the problem is sometimes people are still in the nature of selfishness and still put greed first so things like this will definitely keep happening
Nowhere is safe for investing because of the rule it says no pain no gain and no risk no reward of you cannot handle the risk of losing your money and you do not have a proper investment plan then you cannot get gain any profit over your money. Some risks are reasonable and you can somehow handle the risk for example whenever you buy bitcoins you can set your targets and set a stop-loss for your funds buy some others are not reasonable, for example when you don't know the project and what it does then you participate on the ICO with closed eyes hoping for high returns which is more like gambling.
The r in crypto stands for risk. You should be willing to take risks because there's no one who ever became rich without any sort of risks. Ask Elon and SpaceX. Now back to Bitcoin. Apart from the network being hacked and Satoshi dumping their stash then it's a relatively safe investment. In time more liquidity will reduce the volatility. But if the network ever gets compromised by quantum computing then the value will go to zero for sure and probably be replaced by something else similar in the future.
Speaking of technicality then most of us arent really aware of that stuff thats why learning up with even the basics could give you at least some good idea
on whats happening around.
Deal according into your capacity and secure off profits while you still can.
Nowhere is safe for investing because of the rule it says no pain no gain and no risk no reward of you cannot handle the risk of losing your money and you do not have a proper investment plan then you cannot get gain any profit over your money. Some risks are reasonable and you can somehow handle the risk for example whenever you buy bitcoins you can set your targets and set a stop-loss for your funds buy some others are not reasonable, for example when you don't know the project and what it does then you participate on the ICO with closed eyes hoping for high returns which is more like gambling.
The r in crypto stands for risk. You should be willing to take risks because there's no one who ever became rich without any sort of risks. Ask Elon and SpaceX. Now back to Bitcoin. Apart from the network being hacked and Satoshi dumping their stash then it's a relatively safe investment. In time more liquidity will reduce the volatility. But if the network ever gets compromised by quantum computing then the value will go to zero for sure and probably be replaced by something else similar in the future.
Nowhere is safe for investing because of the rule it says no pain no gain and no risk no reward of you cannot handle the risk of losing your money and you do not have a proper investment plan then you cannot get gain any profit over your money. Some risks are reasonable and you can somehow handle the risk for example whenever you buy bitcoins you can set your targets and set a stop-loss for your funds buy some others are not reasonable, for example when you don't know the project and what it does then you participate on the ICO with closed eyes hoping for high returns which is more like gambling.
Even with crypto spot (unleveraged trading) there are significant risks.
when it comes to trading without leverage it really depends on your trading skills.Leverage is great for professional traders or at least they are knowledgeable and experienced, but can be dangerous and very high risk for traders who don't know how to use leverage wisely.
Besides that for those who are not wise in using leverage, psychologically you will definitely tend to increase the volume of positions (despite the risk management rules) but still I think this is very dangerous, especially for beginners who still don't really understand trading with correct
On the other hand, actually things like this are not about gambling problems or anything else, but indeed there must be based on observations and see the good momentum there because of course we will not be random in choosing which coins, especially for short-term trading.
we of course analyze first and make a research so that at least when we enter into a trade even if it is a short-term trade but we get profits there
Most speculative assets have a spot trading, these will need your background research and chart analysis to get into a good position to buy in. But then the people who get their kick from the cheap thrills will not find this interesting at all because they need to wait for prices to rise and then sell. Hence exchanges came up with margin and leverage for a type of gambling on predictions.we of course analyze first and make a research so that at least when we enter into a trade even if it is a short-term trade but we get profits there
It would not matter which asset you talk about, most have some sort of spot and margin types.
People who want to keep it safe, buy BTC for spot trading. Dont do altcoins, dont do margin and leverage trading. If you looking for gambling chances go to a casino but dont forget the risk associated with it. Among all crypto, I find BTC to be the safer one in terms of being decentralized and censorship-resistant.
Even with crypto spot (unleveraged trading) there are significant risks.
Vapourware, coins with crappy tokenomics and rug pulls are all too common at this stage.
Diversification is key to getting the best risk-adjusted returns, and that is probably one of the biggest pieces of wisdom that traditional finance courses teach that is still applicable to the crypto sphere.
On the other hand, actually things like this are not about gambling problems or anything else, but indeed there must be based on observations and see the good momentum there because of course we will not be random in choosing which coins, especially for short-term trading.
we of course analyze first and make a research so that at least when we enter into a trade even if it is a short-term trade but we get profits there
Most speculative assets have a spot trading, these will need your background research and chart analysis to get into a good position to buy in. But then the people who get their kick from the cheap thrills will not find this interesting at all because they need to wait for prices to rise and then sell. Hence exchanges came up with margin and leverage for a type of gambling on predictions.we of course analyze first and make a research so that at least when we enter into a trade even if it is a short-term trade but we get profits there
It would not matter which asset you talk about, most have some sort of spot and margin types.
People who want to keep it safe, buy BTC for spot trading. Dont do altcoins, dont do margin and leverage trading. If you looking for gambling chances go to a casino but dont forget the risk associated with it. Among all crypto, I find BTC to be the safer one in terms of being decentralized and censorship-resistant.
The technology is safe and all, the only problem like any cause of the problem is the people, if people are stupid and careless, even a bouncy castle can kill someone. A little introspection can help a lot sometimes, maybe it's not the tech but maybe it's the one who uses it.
Nowhere is actually safe.
The safe thing is to have many sources of income.
You don't need to quit your work for crypto or quit your business for crypto or vice versa.
The best option should be to have a full time job, then have a business you manage by proxy. Then remain in crypto. By this, things might go well for the person.
most people would want to do both but in reality it is very difficult to divide the time between main work and crypto. working in a company or factory is very tiring and takes a lot of time, many of them go home just to rest and don't have time to play crypto. they are all certainly aware of the importance of a second source of income or a side job, but the impossible conditions prevent them from doing that side job.The safe thing is to have many sources of income.
You don't need to quit your work for crypto or quit your business for crypto or vice versa.
The best option should be to have a full time job, then have a business you manage by proxy. Then remain in crypto. By this, things might go well for the person.
obviously everyone has their own way to manage time on main work and crypto
Yes, that's right, no place is completely safe, there's always room for error. But we can draw conclusions from all the places which are the lowest risk. When we know there is no place that is completely safe, at least we know which place is the lowest risk level, so we can minimize the problems that will occur.
One message from me, in the world of cryptocurrency, don't trust anyone, I emphasize to anyone, including those closest to us.
One message from me, in the world of cryptocurrency, don't trust anyone, I emphasize to anyone, including those closest to us.
Smart ones are those who take advantage of each and every condition and not to wait for the right time to come.
Right time is important to place a specific buy/sell order, in case you are trading Spot. Margin trading is a type of gambling and there you can take advantage of every movement. Hence this is not applicable for all traders.we of course analyze first and make a research so that at least when we enter into a trade even if it is a short-term trade but we get profits there
Nowhere is actually safe.
The safe thing is to have many sources of income.
You don't need to quit your work for crypto or quit your business for crypto or vice versa.
The best option should be to have a full time job, then have a business you manage by proxy. Then remain in crypto. By this, things might go well for the person.
most people would want to do both but in reality it is very difficult to divide the time between main work and crypto. working in a company or factory is very tiring and takes a lot of time, many of them go home just to rest and don't have time to play crypto. they are all certainly aware of the importance of a second source of income or a side job, but the impossible conditions prevent them from doing that side job. The safe thing is to have many sources of income.
You don't need to quit your work for crypto or quit your business for crypto or vice versa.
The best option should be to have a full time job, then have a business you manage by proxy. Then remain in crypto. By this, things might go well for the person.
Nowhere is actually safe.
The safe thing is to have many sources of income.
You don't need to quit your work for crypto or quit your business for crypto or vice versa.
The best option should be to have a full time job, then have a business you manage by proxy. Then remain in crypto. By this, things might go well for the person.
The safe thing is to have many sources of income.
You don't need to quit your work for crypto or quit your business for crypto or vice versa.
The best option should be to have a full time job, then have a business you manage by proxy. Then remain in crypto. By this, things might go well for the person.
Correct! Having many sources of income would be the right thing to do, but that isn't an easy job to pull of because having several incomes means that you have more business to take care of. But on the bright side, that'll help you to survive and live more comfortably and can buy you some extra needs and wants. And that the harsh reality!
Being in a crypto business full time isn't a bad idea either because in that way you can focus more and can help you to do more than just hodling certain coins for the next 2-3 entire year and as long as you have another source of income for daily to weekly expenses then you probably have nothing to worry about aside from handling it properly.
Whenever you do reach out this kind of state then you wouldnt really be having any doubts and problems towards decision making.It might not be putting you on the safe side or assurance
but at least you do know that you wouldnt really be going nor get wrecked easily.
Try to sustain and find all sorts of ways just for you to get revenue.
Nowhere is actually safe.
The safe thing is to have many sources of income.
You don't need to quit your work for crypto or quit your business for crypto or vice versa.
The best option should be to have a full time job, then have a business you manage by proxy. Then remain in crypto. By this, things might go well for the person.
The safe thing is to have many sources of income.
You don't need to quit your work for crypto or quit your business for crypto or vice versa.
The best option should be to have a full time job, then have a business you manage by proxy. Then remain in crypto. By this, things might go well for the person.
Correct! Having many sources of income would be the right thing to do, but that isn't an easy job to pull of because having several incomes means that you have more business to take care of. But on the bright side, that'll help you to survive and live more comfortably and can buy you some extra needs and wants. And that the harsh reality!
Being in a crypto business full time isn't a bad idea either because in that way you can focus more and can help you to do more than just hodling certain coins for the next 2-3 entire year and as long as you have another source of income for daily to weekly expenses then you probably have nothing to worry about aside from handling it properly.
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