Topic: The most risky adventure you must avoid - page 2. (Read 818 times)

I agree with the calculated part, it might be very illogical to do like x100 long future right now with all your capital just to give an example, that is not something you should be looking at currently and I bet %100 that there is someone who is doing that at this moment, probably a lot of people, its equally risky and shouldn't be done to put %100 on x100 shorting neither, basically putting %100 of your money in anything is way too much risk that you shouldn't be taking. I believe that the best way to avoid this would be just focusing on what you could do with calculated risk, assume that everything could go wrong and make sure that you are doing a better job at making sure you are ready for being wrong.

In short, there's no way on knowing that without even trying and this is why it would really be that always recommended that you should really be that mindful about those potential drawbacks and potential positive results and its true that it would really be that neither be making something or breaking something. If you cant really be able to bare up such risks then better not to engage with it but if you are that someone whose really that willing to take that act for you to be abel to have that kind of chance then it would really be just normal that  you would really be doing such act or decision.

A matter of choice since not all people would really be that willing or really that prepared on taking up such risks and rather they would really be tending to play safe or going into things
which are really that indeed less risky.  We know that even on living on this world and decisions to be made does involved risks and this is where you should really be that wary
about it. Decisions to be made would really be having that corresponding effect and this is where decision making would really be that crucial.

This is something worth remembering, our knowledge allows us to more easily navigate turbulent waters and avoid high risks, and this also means that the risk an activity entails can be completely different for two people, so someone that comes to this market after reading everything they could about bitcoin and investing and that have some reasonable goals they want to achieve is taking a very small risk by buying bitcoin, however someone that has not done any of that and believes they can become rich in just a few weeks is taking a massive risk, despite both of those persons performing the same action by investing in bitcoin.

Great clickbait title though 

Anyways, the OP’s statement really makes sense. Although we do not advise that we should or shouldn’t risk getting into Bitcoin and altcoins, but we only have to edcuate the masses about the potential risks and learn how to manage them at the same time. In other words, only spend an amount that you can afford to lose.

But here’s the thing when it comes to my experience as I am not intending to encouraging nor discouraging everyone here to take risks.

Not taking risks has two sides. Either you are safe or have missed the opportunity. I have experienced that many times already for both scenarios because we may not know what would happen to the coin or token next in the coming days or so.

Last 2020 during the COVID-19 pandemic, I do have some BTC when it was still around $12k+. However, I have regretted my decision to sell all of my BTC for USDT as I see that the future is uncertain. But I was wrong. During mid-December, BTC skyrocketed and breached the then-ATH of beyond $20k and even up to $30k.

As the market went wild and was waiting for everything to bring it back down below $20k and not buying at the top, but it didn’t. It even went up all the way up to almost $70k+ and that is where I have missed the big opportunity.

Last year, I have decided to start DCA (dollar-cost averaging) on Bitcoin and Ethereum despite the FUD going on in Terra Luna, Celsius, FTX, etc. I held on to that and I am in profit right now as of this time of writing as BTC is recently rallying and now standing at $34k to $35k range.

The thing is that nobody knows what would happen next to the Bitcoin and crypto market in the coming days, weeks or so. Like I said, either we are “safe” or “missed the opportunity” as two scenarios of not risking. Same thing when it comes to taking risks either we make or break.

Maybe what Op wants to convey is that with every risk we face, we can really learn something. And besides, no one has become successful who has not been a risk-taker. It means that every person who becomes successful has to face risk, and when we say risk, that is not an easy decision.

It's really like that for a dreamer, isn't it? Everything will be tolerated and passed, even if it is difficult, as long as the important thing is that we can face it and overcome it, because for me, the risk becomes our way so that we can succeed in what we want to achieve in the future.

From your topic and what you given, through the discussion, you're saying that it's good to take risk and also avoid taking much of it when we seek in for knowledge, yet your title is talking more on risky adventure to avoid, but we all know that if there must be a successful business enterprise, then we must take risk, in trading, either you like it or not you still must take risk, not because we don't know about it, but because in other to make us approved for the success achievement we aimed at in what we do while trading.

This might be something that is not worth taking a risk on, when we don't understand something, are not prepared, and are also unable to take the risk, so it's better not to do it. because even if this is done, it will only be reckless without careful calculation. If it's in the world of crypto trading, for me an example is investing in a new YPE altcoin project. In my opinion, this is very risky and many people also think this is very risky. And for me, this risk is the one I avoid the most, because we really like gambling.

In the future, there is not only the risk of losing money, but also the mental health that we have worked so hard to build could collapse due to the stress of thinking about fake investments in this hype project if we really cannot understand it. So, it would be better to avoid it, right? Instead of having to force yourself?

And we know this is true because if you take the time to look at some of the crises we have faced you will see that there are many people that earn a great deal of wealth during that time, despite the average person thinking there is no way to make any money, and this is because it is during those turbulent times when you can take advantage of some really great opportunities and grow your capital relatively easily, but those opportunities can only be harnessed by those that are willing to take the risk, have some money saved and can see those opportunities for what they really are.

Investments or businesses always have risks, but each investor will have a different risk tolerance. Many people who are successful in business or investment are those who are truly able to manage their risks well, but budget strength and the ability to carry out analysis also play a role in supporting their success.

Take as much risk as you can manage well. Additionally, these investments are not supposed to make investors rich overnight, so risk management is more possible if they avoid day trading. Without risk someone will not be successful, but failing to manage risk will also make them fail.

You would really be needing to adjust and adapt accordingly on the things that we are dealing with.We cant really just that make ourselves that making that tolerance towards those mistakes and doesnt really come up with some plan or solution because if things turns out to be shit and you  do decide on continuing on doing such actions then sooner or later which you would really be finding out yourself on a tough situation on which you would really be that making yourself that get wrecked in terms of financial and this is something that we dont really like. Its true that if you do really have plans on making yourself that have those progress then it would really be just that normal that proper planning and actions to be made should really be that on point. Risks is always there and its always been that part.

The important thing is that you should really know on how to find solutions and alternatives just in case those plans and goals that you have set didnt happen due to some several factors.
Success doesnt really or that easily could be attain.Tons of challenges and errors and mistakes on which you would really be able to encounter. If you are that someone who doesnt have  that long patience
and discpline and wise thinking then you would be failing along the way.

Basically it's necessary to take a risk and when you don't take a risk it assume that the distance between your success is very far, their is no entrepreneurs that is not a risk taker precisely, when you come to bitcoin investment and other cryptocurrencies investment it assumed that those altcoins people invest on and especially those new projects is a a risk, so probably both trading and investment and gambling what we do there is risk kind of business.

Because nobody is sure making profits in any business we venture into it, one thing that is more important in business or investment is observation and precaution, when you take a look of the kind of investment you want to venture and you make a proper over the investment and you decide to take the risk which is attached to it, I will say that basically that due to your research or inquiring that means their is every tendency that your decision maybe positive.

In summary it's better to take risk than to stay stagnant in any investment, opportunity is an opportunity you can take a risk in opportunity that comes to your way and you become propagated in the risk, so I don't blame whosoever that involved in cryptocurrency investment and mostly taking the risk to invest in new projects or trading with what you are not sure of,according to entrepreneurship, a risk taker is liable be successful or wealthy someone at any given point in time.

Risk is always involved in every activity of our life, it is not just limited to trading.  There is a very famous quote about risk " Risk provides you with the best opportunity". This quote shows that the best opportunity is in the risk it gives the chance to get up and do something and wise people know how to take risks. The weaker one always saying that no don't go to this or that thing it is more risky. One thing to be noted that that people who are afraid of taking risks will always be the same their condition will not change, On the other hand, if take a risk and utilize your potential it will give you higher rewards look at your surroundings The millionaires when they tell about their success story they always say that I took the risk and now I am the bigger one. If taking a risk in trading it always creates more risk than others believe me it will give you the best profits that you can't imagine but one thing to remember is that there is a big difference between the risk and stupidity. Don't be a fool to take a step that does not match the risk and you consider it the risk.

If you can't take risks, how can you get the error of taking risks?
I once read,
It is better to work hard and fail than to succeed without effort.
I always follow this. Because what you get very easily, your happiness and expectations will be very little. And you will be most happy if you get success one day in the work that you take risk which not everyone can do. So I think it's a big success for everyone to take risks in the first place.. Although your business may suffer first.

Yeah, having a strategy is always good to begin with. I mean if you are doing something that needs adjusting depending on the situation that's fine, but you need to be ready for it beforehand, those adjustments should have been known, like "I will do X when Y happens", and not really come up with it at the time when something happens. That's an important thing and should be considered a big deal, I know that it may not be all that great for the time being, but it is definitely a great thing when it happens.

I hope that we could end up with a greater return if we could get ready for anything, since we are ready for it, we should be able to overcome any issues and end up with a profit when the time comes, that's the trick.

We all know that doing business requires taking risks, and without taking risks one can never succeed in life. Similar to trading and gambling, one can never progress and make a profit without taking risks. Most of the investors take risk and invest for a long period of time it is a huge risk for their money if they don't take such risk they will never be successful, so they take such risk. For example, when the price of Bitcoin was low, no one thought that Bitcoin could reach this position, but investors who took the risk of investing in Bitcoin at that time were the only ones who succeeded. So risk is inevitable in all business and one can never move ahead without taking risks. Risk-taking certainly increases experience and creates business skills, and there is no fear. In order to undertake anything, the person must take risk and in business, if he does not take this risk, he will never be able to sustain the business. Taking risk is the most important thing in all.

I believe that if you have a well-thought-out strategy, then you will not need backup options. You should have a stop loss for any incomprehensible market movements, and as for some unpredictable force majeure that is impossible to cope with, then nothing will help, and I mean some global factors, such as a shutdown of the exchange or something similar, in such In this case, you need to divide the funds into several exchanges to prevent the loss of all funds.

Yes, that's right, to reduce the risk of having to make decisions in choosing and need to calculate of course this will have an impact in the future so it will make its own profit, reading market movements is not an easy thing even experienced people can still be wrong in predicting, investing in the long term is not easy not everyone can do it just like that, because there are risks in itself but of course there are also benefits if we are able to run it correctly.

But predicting market movements must be with the knowledge we have, if we predict market movements without knowledge does it guarantee to be profitable? of course not many experienced people can still be wrong in predicting especially with beginners, if you want to invest we should have someone as a guide or teacher in this case, at least if we don't have direction we must be willing to learn for ourselves by understanding the world of investment so as not to experience losses. Small or large losses of course everyone does not want to experience it but this cannot be avoided because all things must have their own risks as well as investing.

If you are doing things right, then taking risk shouldn't be as difficult as you make it sound. Every breakthrough that has happened throughout the decades or from the beginning of time has happened because of people taking risks. Those who take risks become successful but on the other hand some doesn't.
I have heard someone say, "The magic is in those works that you are avoiding doing". It is not surprising why people would say this. If you don't come out of your comfort zone and take some risks doing different thing and finding the best one that suits you, then you will never find your dream work and become successful in life.
But I would like to discuss this. When you are provided with two options in one which you will not take such risks, but the result will come decent, and the other one is, there is a huge risk and it's a win or lose situation. Which one should you prefer?
And remember, in the second option you'll lose it all if you make a loss and if you win the profit could be 10x.

Calculating the risks that we will take will be very good for gaining profits and of course can only be done by those who have experience in this field so that they can make the right decisions in order to reduce the risk of loss from investments. You are right, with volatility this does not make us bored in monitoring market price movements and we have to be very careful in making every decision we make.

Yeah, think of it as an opportunity instead of fearing the movement. With volatility, you may have that certain advantage after learning how
things work inside this business. The deeper you understand, the more chance that you may anticipate the next run.

From that point, the risk might be lesser and the chance of earnings is better for your trading investment.

Always have that time to weight both the edge and the risk before jumping to any conclusion that may affect your judgement.