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Topic: Risks to consider before trading? - page 4. (Read 1466 times)

full member
Activity: 1106
Merit: 166
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June 28, 2019, 03:54:28 PM
#92
Any other risks that I should be aware of before fully immersingm yself into trading crypto?

https://cryptotradernews.com/investing-trading/top-5-risks-to-consider-before-beginning-your-trading-career/


Let me know please, want to get as much help as possible!

I think the risk is very important to be managed while trading because in trading we have lots of problems to be faced by everyone but it all comes in your beginning stage if you place a standard position in trading then you can easily manage any problem in creating field that is the experience plays an important role in this Crypto field
hero member
Activity: 2352
Merit: 594
June 28, 2019, 10:14:51 AM
#91
Don't engage directly to hype price that attracts you to buy during fast rising value. You could loss huge amount of money after you bought a that prospected coins. That's the actual risk which you could face in the midst of holding a coin that might crash eventually after you buy it.

Controlling your emotion is really a big challenge to most traders. Most newbie buy at fomo because when it's cheap they doubt it would pump. I suggest to study trading well and how to read the charts, and tools commonly used in trading to know when it is the right time to buy and sell.
full member
Activity: 868
Merit: 185
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June 28, 2019, 09:06:09 AM
#90
1 - understand that you are in a crazy ass market
How does this single liner post be merited? Many poster here are earning merit with beautiful/helpful post. I amazed with you.

There is no such thing as a crazy ass market. Don't invent words. I think it is good to say that the market is volatile. Anytime, it can lose or gain volumes. That is also the reason why many traders are buying in cryptocurrency. It is more risky but it is also profitable. Therefore, this market is not ass, its a way on how to invest and trade coins.
member
Activity: 473
Merit: 11
June 28, 2019, 04:09:01 AM
#89
The biggest risk is the possibility that you will have to be really ready even if the coin you are trading dumps is more than 100-200% and also if you are someone who likes short profits then you have to be careful and filter well. Because altcoin is very easy to fluctuate
full member
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June 28, 2019, 03:51:40 AM
#88
Don't engage directly to hype price that attracts you to buy during fast rising value. You could loss huge amount of money after you bought a that prospected coins. That's the actual risk which you could face in the midst of holding a coin that might crash eventually after you buy it.
legendary
Activity: 2338
Merit: 1124
June 28, 2019, 03:23:13 AM
#87
Risk management is one of the most important pillars in trading. A trader must think about this before starting trading. This is not a matter of how much profit a trader can achieve, but more important is how long a trader can survive in the highly competitive crypto market.
You are very much right, our foundation in trading must have very strong pillars, and one of the strongest pillars aside strategies is to have a solid risk management strategy. If we are taking bigger and bigger risk in trading, we must also ensure that it has to be for something that is worth it. One of the most dangerous risks to ever take in trading is greed.

I have seen a lot of people risk their sell order for greed, using instinct which they eventually lost to it, so one of the risk we must first of all endeavor to learn to manage and overcome is that of our greed, because greed is what could make a pro trader become amateur in his trade when he get s to one, while others would be capital risk management and others.
hero member
Activity: 1078
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June 27, 2019, 04:08:13 PM
#86
The main risk is of course losing the money you invested. But people don't really consider that when they get stung by the FOMO and all they see is gains. If only they experience the bear before so that that they learn the great lesson of not putting all their money or even making big loans.
When you are thinking about to start trading you will have to be gain knowledge and we know as much as time we will spend with trading it will give us knowledge and information about new things related to trading, for those who are in trading since long there is no risk but only earning because they got to know who to avoid mistake and reduce risk of loss, experience is the best teacher for all traders.
hero member
Activity: 1092
Merit: 501
June 27, 2019, 03:31:31 PM
#85
Any other risks that I should be aware of before fully immersingm yself into trading crypto?

https://cryptotradernews.com/investing-trading/top-5-risks-to-consider-before-beginning-your-trading-career/


Let me know please, want to get as much help as possible!

Make sure you have an information support team and offer a trading strategy with you. I have never seen any trader get a lot of profit when they work alone.
If you have a discussion and trading group, it will be a blessing for you. But if not, I think you need to learn more and create your own trading group.
That will be a prerequisite for you to succeed in trading
There are many risks but one most important you need to be worried about is the risk of little or no knowledge. You know a little knowledge is a dangerous thing and I think if you have good market understanding and can make wise trading decisions, you can make money regardless of all these risk. Ultimately you need to be able enough to tackle problems.
member
Activity: 368
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June 27, 2019, 07:33:08 AM
#84
The link already shows you the things that you should really consider and you should watch out,
But since you ask you should really be prepared emotional don't let your emotion dictated your strategy ,
Watch out for FOMO and FUD because it is what always make newbie's lose their money emotion is one of our greatest enemy when it comes to trading.
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Activity: 784
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June 27, 2019, 06:16:58 AM
#83
Any other risks that I should be aware of before fully immersingm yself into trading crypto?

https://cryptotradernews.com/investing-trading/top-5-risks-to-consider-before-beginning-your-trading-career/


Let me know please, want to get as much help as possible!

Make sure you have an information support team and offer a trading strategy with you. I have never seen any trader get a lot of profit when they work alone.
If you have a discussion and trading group, it will be a blessing for you. But if not, I think you need to learn more and create your own trading group.
That will be a prerequisite for you to succeed in trading
hero member
Activity: 3052
Merit: 606
June 27, 2019, 01:42:41 AM
#82
Risk is the most common factor in every aspect of the investment, before investing we should learn their basics but when it comes to trading it is impossible to predict whether we are going to money but with the knowledge we have, we should stay strong in the market and hold until we make a profit.
Yes.Trading brings a lot of risks so its very essential for a trader to be well equipped with all the basics in trading because without it,you will just lose all your money when you trade.They say that trading demands a continuous learning and with various experiences in trading,you will definitely survive all the risks that it has brought along.
full member
Activity: 532
Merit: 100
June 26, 2019, 11:51:17 PM
#81
The main risk is of course losing the money you invested. But people don't really consider that when they get stung by the FOMO and all they see is gains. If only they experience the bear before so that that they learn the great lesson of not putting all their money or even making big loans.
full member
Activity: 1134
Merit: 102
June 26, 2019, 10:53:21 PM
#80
Risk is the most common factor in every aspect of the investment, before investing we should learn their basics but when it comes to trading it is impossible to predict whether we are going to money but with the knowledge we have, we should stay strong in the market and hold until we make a profit.
full member
Activity: 882
Merit: 126
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June 26, 2019, 06:26:18 PM
#79
Any other risks that I should be aware of before fully immersingm yself into trading crypto?

https://cryptotradernews.com/investing-trading/top-5-risks-to-consider-before-beginning-your-trading-career/


Let me know please, want to get as much help as possible!

most importantly we need don't consider about the trust a involved with that because if we had no confidence about our experience in reading then nothing will going on properly so more than anything we need to trust that then only it is possible.
full member
Activity: 608
Merit: 154
June 26, 2019, 07:11:01 AM
#78
Any other risks that I should be aware of before fully immersingm yself into trading crypto?

https://cryptotradernews.com/investing-trading/top-5-risks-to-consider-before-beginning-your-trading-career/


Let me know please, want to get as much help as possible!

There is high manipulation in cryptocurrency and anyone who is investing in cryptocurrency should really be aware of that. And I think you should be avoiding small cheap coins for now that you're still a newbie, cause there are people whose work is to be rotating from one small coin to another and what they do is go in groups so that they can pump any coin they get into it and after they will dump it and go for another coin. They will pump the coin and it will start to grow in price, some novice will think that the market is growing and jump in, the next thing the market will dumped on them and they will lose their money. So be careful.
sr. member
Activity: 1162
Merit: 251
June 25, 2019, 10:12:56 PM
#77
The main thing is the lack of greed. You need to be able to fix profits and not regret the loss of profits.
Don't regret about high profits if you hold it better,just accept what you made and keep trading for more and more profits.You will eventually make more profits by doing multiple trades.
Especially when the conditions are bullish like now, many traders want to get the maximum profit, by holding it longer.
even though it is in bullish, corrections often occur also you know, and when that happens you just waste the opportunity.
full member
Activity: 421
Merit: 100
June 25, 2019, 09:24:33 PM
#76
The risk you're putting here in cryptocurrency trading is losing everything in your capital. Trading requires a lot of guts and skills minus the emotions. There are periods here in cryptocurrency wherein even skilled traders are losing, what more with beginners.
hero member
Activity: 3038
Merit: 647
June 25, 2019, 07:48:15 PM
#75
risk of being ready to lose and ready to win. I think it's a risk that must be considered before trading, because in trading anything can happen and it can be one way to make sure whether it will be in trading or not according to the capabilities possessed
I think it is nothing else but volatility of the cryptocurrency that drags you to risk and that gives you profits as well. When it is the bullish market, you are more likely to make some money in trading but if it is not bullish market, the prospects of making money in trading simply fades away. In addition, there is incentive to invest then. If you hold, you might not lose and rather make good money.
Yes. Trading will definitely give us profits if we know how to deal with it, its bearish and bullish market. We can make more money in trading if we are able to take the risks through day trading. But if we chose to hold our coins, it will still be profitable especially when bullish season comes.
sr. member
Activity: 994
Merit: 256
June 25, 2019, 07:34:55 PM
#74
risk of being ready to lose and ready to win. I think it's a risk that must be considered before trading, because in trading anything can happen and it can be one way to make sure whether it will be in trading or not according to the capabilities possessed
I think it is nothing else but volatility of the cryptocurrency that drags you to risk and that gives you profits as well. When it is the bullish market, you are more likely to make some money in trading but if it is not bullish market, the prospects of making money in trading simply fades away. In addition, there is incentive to invest then. If you hold, you might not lose and rather make good money.
full member
Activity: 812
Merit: 100
June 25, 2019, 11:09:12 AM
#73
risk of being ready to lose and ready to win. I think it's a risk that must be considered before trading, because in trading anything can happen and it can be one way to make sure whether it will be in trading or not according to the capabilities possessed
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