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Topic: Risks to consider before trading? - page 6. (Read 1527 times)

legendary
Activity: 1526
Merit: 1179
June 21, 2019, 06:50:28 PM
#52
But if the market can get up, you become greedy to make more profit, which could make you lose the profit or too late to take the profit.
This is one of the most common dangers noobs face but totally disregard. I know of someone who managed to profit from extremely risky trades like 3 times in a row and he immediately acted like he could do this for a living.

The luck that helped him make some very significant profits initially worked against him and lost his entire balance. I warned him about it but as a self proclaimed guru he didn't seem to value my advice and paid the price for it.

Good thing is that he learned his lesson and is now solely hodling his coins instead of speculating with them. You can better lose smaller amounts with trading initially and improve than lose so hard initially due to your confidence.
hero member
Activity: 1932
Merit: 504
June 21, 2019, 04:29:18 PM
#51
The first thing you need to realize the risk of trading is you can lose your money at the market, but you have a chance to recover the losses. You should think about losing self-control too in trading because once you see the market moving to any price, you can become panic and lose your mind to get a solution if the market is moving down. But if the market can get up, you become greedy to make more profit, which could make you lose the profit or too late to take the profit.
Actually this forum is already good to used as research or look information. You know what you explain is something that simple but almost contain basic things that we need in trading. About technical strategy maybe can be done with practice.
hero member
Activity: 2912
Merit: 556
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June 21, 2019, 03:32:38 PM
#50
The first thing you need to realize the risk of trading is you can lose your money at the market, but you have a chance to recover the losses. You should think about losing self-control too in trading because once you see the market moving to any price, you can become panic and lose your mind to get a solution if the market is moving down. But if the market can get up, you become greedy to make more profit, which could make you lose the profit or too late to take the profit.
full member
Activity: 602
Merit: 111
June 21, 2019, 03:31:16 PM
#49
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!

the only thing is you got your mind to be stable whenever anything happened for investment it will be giving your masters also you can do the proper way then only it will be at least save your investment without any profit.
hero member
Activity: 2968
Merit: 687
June 21, 2019, 03:26:37 PM
#48
Consider how you'll risk your time in making strategy on when to sell cause through price increase or decrease, or let's say a trend. You'll pretty much adjust your aim in where to sell or in bearish trends, you'll mark somewhere along the price on where do you plan to buy. And expect yourself to not avoid getting emotional sometimes which kinda leads you to panicking decisions or panic selling.
Risk is all over the world, every business has some risk that we will have to face and will have to learn how we can get through it, price keep changing so take it as an advantage and buy when the price will be low and sell when it will be higher, selling in bearish most of time goes wrong, keep your emotions away from your trading skills, as being emotional can give you lose.
People should realize it that everything on this world do have risk so you should put up on mind that you do have tendency on losing money
if you do make a bad move.This is the primary risk on trading,be sure that you do know on what you are doing because if you do let yourself
trade without any preparation then you do know on whats next.
hero member
Activity: 1078
Merit: 501
June 21, 2019, 02:46:39 PM
#47
Consider how you'll risk your time in making strategy on when to sell cause through price increase or decrease, or let's say a trend. You'll pretty much adjust your aim in where to sell or in bearish trends, you'll mark somewhere along the price on where do you plan to buy. And expect yourself to not avoid getting emotional sometimes which kinda leads you to panicking decisions or panic selling.
Risk is all over the world, every business has some risk that we will have to face and will have to learn how we can get through it, price keep changing so take it as an advantage and buy when the price will be low and sell when it will be higher, selling in bearish most of time goes wrong, keep your emotions away from your trading skills, as being emotional can give you lose.
hero member
Activity: 1092
Merit: 501
June 21, 2019, 02:22:14 PM
#46
1 - understand that you are in a crazy ass market
I do appreciate this on point reply that's why even if its short I do merit out this one.Its pretty true that the main
risk you should be aware of is you should understand on how this market moves.One false move then you might possibly
able to experience negative portfolio and would leave you hanging for long time until the market recovers.
This is true about the market but traders are making profit because they know to deal with the bear and bull market. People say that there is too much unstable price movement but they should know about profitability as well. They consider it a risk but it is not a risk as long as the strategies and decisions are good. If you are a good trader then there would be no risk because you will know acting according to price movement.
hero member
Activity: 2660
Merit: 651
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June 21, 2019, 02:05:24 PM
#45
There is just one risk, it`s losing money. But have it in mind that you can`t lose everything you invested if you trade with top coins, they will never drop to zero, so you can sell what is left and have some money back, in the end, if you decide to quit after some time. Don`t be afraid to try it, even with some risks I think everyone can afford to lose some money, $10 or $100, what you can afford to lose.
Yes, the risk to be consider in trading is been slaughter and invest or trading top coins on capital market are still safer as you said but it doesn't mean an investors or traders won't loose everything if he's impatience which is what happened to some inexperienced crypto traders last year.


It will be based on the situation that decision is changed every time if we had not confident our trading then don't take any risk which is the safe way also and if we not taken the risk in sometimes then it is also giving the bad feeling after the development that's why I think everything has the problem filled with that we need to cross based on the situation.

that's why confidence is the most important thing, because if we already have a strong mentality then every risk will be dealt with wisely. trading is not always about a profit, because to achieve a good profit it will not be easy, therefore a strategy and experience in this case can be a consideration for every risk that will be faced
Knowledge is the most important thing buddy for you can tell a newbie who sees crypto as a fraud to have confidence in crypto market and this was also the reason some governments/institutions don't support crypto because they lack the knowledge to understand the advantage of cryptocurrency.
legendary
Activity: 1568
Merit: 1002
June 21, 2019, 01:45:23 PM
#44
It will be based on the situation that decision is changed every time if we had not confident our trading then don't take any risk which is the safe way also and if we not taken the risk in sometimes then it is also giving the bad feeling after the development that's why I think everything has the problem filled with that we need to cross based on the situation.

that's why confidence is the most important thing, because if we already have a strong mentality then every risk will be dealt with wisely. trading is not always about a profit, because to achieve a good profit it will not be easy, therefore a strategy and experience in this case can be a consideration for every risk that will be faced
full member
Activity: 1498
Merit: 146
June 21, 2019, 01:33:59 PM
#43
It will be based on the situation that decision is changed every time if we had not confident our trading then don't take any risk which is the safe way also and if we not taken the risk in sometimes then it is also giving the bad feeling after the development that's why I think everything has the problem filled with that we need to cross based on the situation.
sr. member
Activity: 1778
Merit: 309
June 21, 2019, 10:31:47 AM
#42
The worst thing that can happen to you is your emotions. Everyone is saying that emotions can only interfere with your trading. Therefore, this is the most important thing to learn, you need to make decisions with a sober mind.

Exactly, in trading you have a peaceful mind to make right decisions because if your not on your good mind tendency is that you will only make mistakes, and mistakes can be very bad in trading because you might lose everything. Emotions can be very hard to control, it may take a lot of practice but it’s an important factor that will determine your success in gambling.
full member
Activity: 733
Merit: 100
June 21, 2019, 10:23:36 AM
#41
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!

another risk may be time that will take you, besides the loss you can lose time because trading is currently in a vulnerable position and must always stay in front of the pc to see the graph and get profit. so this is what you might notice.
hero member
Activity: 1694
Merit: 502
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June 21, 2019, 05:08:56 AM
#40
There is just one risk, it`s losing money. But have it in mind that you can`t lose everything you invested if you trade with top coins, they will never drop to zero, so you can sell what is left and have some money back, in the end, if you decide to quit after some time. Don`t be afraid to try it, even with some risks I think everyone can afford to lose some money, $10 or $100, what you can afford to lose.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
June 21, 2019, 01:59:58 AM
#39
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!

Risk of high volatility and risk of losing money, you should practice this first before you do trading with cryptocurrency. Trading is not profitable if you can’t handle the risk of the volatility and having your uncomfortable emotion because you will lose money. The blog that you’re provided is good, just learn it while you’re trading and spend only small money at your first 3mos of trading.
sr. member
Activity: 1330
Merit: 326
June 21, 2019, 12:40:00 AM
#38
Knowing all the risk before you commence trading crypto currency is one this thing and above all is for you to really know how to trade is one the most important thing one need to consider before you start the trading journey.

All of us here shall definitely know the possible risks before entering trading. Emotions are hard to resist but the more you experience those emotions, the more you realize it is not healthy. Also, the market is unstable but if you are a risk taker and can acquire all the knowledge you needed, then you'll have a strong confidence to trade.
full member
Activity: 854
Merit: 108
June 21, 2019, 12:14:34 AM
#37
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 site say it all and trully these are the highest risks that we need to consider first before trading or joining an investments. Hopefully, you could avoid these risks during your learning in trading by not to put all of your eggs in one basket and to invest only what you can afford to lose. If you could follow these simple tips then all of the given risks will be reduced.
member
Activity: 490
Merit: 28
June 20, 2019, 10:53:12 PM
#36
I just want to know the meaning of your question. Why are you asking if there are other risks?
Even though it's clear that these 5 risks are very dangerous for traders and investors.
full member
Activity: 1526
Merit: 111
Pepemo.vip
June 20, 2019, 10:44:00 PM
#35
consider the risks before starting into the world of cryptocurrency, in my opinion is something absolute. because many beginners are only thinking about the profits gained by entering the trade. but reality does not match expectations. of course this will be a psychological burden
member
Activity: 194
Merit: 10
☀️ Iskra Coin ☀️
June 20, 2019, 09:31:41 PM
#34
Always consider the possibility of losing your bought asset if ever you've buy it during bull run. Knowledge is the biggest factor for a trader in order to play the actual trading activity, because if you can't handle it during massive price downfall you're probably going to panic in the long run. I think that, when a person cannot sustain due to lack of trading experience and education it could be worst in the end.
sr. member
Activity: 2436
Merit: 343
June 20, 2019, 09:31:11 PM
#33
Don't trade mate. Long-term investing is a smarter choice.

Trading could be more profitable than investing and in trading you can predict more and more accurate when you got the knowledge and the experience, so trading is a smarter choice but it need times to make profit, I think there are alot of things to consider, starting from yourself you need to be diligence to learn, collecting the information and need to time to learn
it could be, because you can get multiple benefits in a short amount of time, while holding you just get profit once for a long time. but of course the risk in trading will be far greater than holding, you need deeper knowledge and are clever in strategies to read the market first, otherwise you will only gamble on trading
It works actually if we have a positive mindset, risk in trading is quite manageable and its up to us how to manage and face of it. All of us haven't such attitude and mindset that is why some of traders get numb and quit from trading.

If we are planning to engage in crypto trading,  we must to be prepared and willing to accept challenges. Will risk is always be there and never think about it cause it only affect your plan.
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