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Topic: The most risky adventure you must avoid - page 4. (Read 805 times)

legendary
Activity: 3318
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October 09, 2023, 10:01:53 PM
#46
Boom, the headline cut your attention right? That's perfect . There are lots of risks in business, investment and trading which is not new to anyone. They have become a common life phenomenal.
Well, it surely did get my attention because I said to myself, "what the heck? Business/trading isn't an adventure" immediately I read the caption. A risky adventure would be something like crossing a busy highway without first checking for incoming vehicles. It's a needles one, anyway. By the way, that genre is called business because it keeps us busy.

Pedantically, business shouldn't be classed as an adventure. If you talk of it being risky, yes. However, the type of risk it should be associated with has to be one thought out before embarking on the venture. Everything life offers come with a certain amount of risk. Do we indulge all? No, of course. We pick the ones that suit our appetite and temperament. Like you rightly submitted, it's risk on its own not taking risk. So, we choose our risk and try to conquer them. That's how man survives and makes a living.
Lol, same to me as well. I think it's quite obvious that these type of headlines are the things that people use when they are dealing with newspapers as well. If you are a journalist, and you write online instead of paper, then you write these type of headlines to your article to get peoples attention, they are called clickbaits as well.

I would say "adventure" is something else and should be considered a bit different in the end, risky and adventure are not the same things I agree with that but that doesn't mean that it doesn't mean that we can't really do something that could change it all that long. I hope that the best thing we can do about this is to realize it's an adventure of a life time in that sense, but risky as well.
legendary
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October 09, 2023, 09:04:42 PM
#45
````that it is MOST RISKY  not to take risk.

You see, life itself is a bit of a gamble, right? I mean, even when we're just chilling in our room, there's still that tiny chance we won't wake up the next morning. It's like a constant game of risk we're playing. We all have dreams and ambitions, and if we're not satisfied with where we're at right now, we've got to take steps to improve our financial situation.

Now, when it comes to making those improvements, it often means venturing into the world of trading, especially here in the crypto space. We're all here talking about these opportunities that can seriously boost our financial well-being. But here's the thing, my friend, it's not just about taking any old risks. It's about being smart, about taking what we call 'calculated risks.'

In other words, it's about doing your homework, analyzing the market, and making informed decisions. It's not about blind luck, but rather understanding the game and making choices that give us the best odds. That's the way to make those dreams of a better life come true.
sr. member
Activity: 882
Merit: 326
October 09, 2023, 08:22:47 PM
#44
Stop loss in trading is very important, especially if we trade futures, to prevent further losses. Even in long-term investment matters, we have to have a plan where we have to be brave enough to make decisions if something undesirable happens. Regarding the sustainability of investment, for every risk that exists, we must have a perfect counter plan.
We must always assume that things are not going to go our way, this way when this inevitably happens we are going to be ready for it and take the necessary countermeasures, however many people do not like this approach as they think such a person is just being negative without reason, but it is precisely when things take a turn for the worse when the preparations of that person will shine, and their ability to recover even from the most difficult circumstances will allow them to continue unhindered towards their goal.

Maybe for some people this is not a good choice or they are too gambling in every step without knowing the limits of an opportunity. Therefore, it is better for us to limit every step as a prevention of worse events. I'm sure pro traders, even well-known stock investors, have plans like that to save their assets.

Stop loss usage has absolutely nothing to do with whether you trade futures or not - why should it?
Stop losses are a standard tool in any sensible trading strategy. Anyone who says otherwise has never traded.

I put stop losses in almost every trade. If the trade is already positive, the limit is moved up until I reach my desired target. If the trade becomes negative, a sensibly set stop loss saves me from losing too much money - or coins, of course.

That's a good routine in my opinion. Hopefully many of us will imitate your positive things in every trade we make.


Especially for long-term investment matters, of course, it will use a variety of strategies.
Not only one strategy, of course, there must be a backup strategy to back up the first strategy so that it still works according to the desired path even though it is not perfect.

The trading method used the safest is spot trading, but this also depends on how one does it and how well mastered the trade.


I agree with your voice regarding spot trading. Spot trading just requires patience and discipline. Make a technical analysis then every time we have money we enter it at certain levels that have been set and wait until the profit reaches the target. Of course, this will seem boring for daily traders, but in terms of investment, long term trading is still the leading category for pro traders. in reaping huge profits.
hero member
Activity: 2408
Merit: 584
October 09, 2023, 02:23:51 PM
#43
In the bitcoin market volatility range, basically the trading risk is down to 0 even though you read the possibility is very small. And all external factors can contribute to the risk, for example the security of the exchange itself. That's why the calculated risk is that all the money you put in is a total risk. In short, “trade what you can afford to lose”.
Bitcoin's volatility is so high and that makes it a very risky coin. The more the risk we face if we are doing trades. So I don't know if where you got that zero risk of yours. There are no zero risks when it comes to making money in the crypto world, and I think Bitcoin won't be volatile in its own if without the factors that surrounds it like for example; the demand of the public. The demand can also be affected by the news and others.

I think it's possible to calculate the risk but it may not be totally accurate. So that's right that in order to not regret just in case we lose all our allocated capital, it's better to just use the money that we can easily lose.
sr. member
Activity: 2226
Merit: 347
October 09, 2023, 01:59:10 PM
#42
Boom, the headline cut your attention right? That's perfect . There are lots of risks in business, investment and trading which is not new to anyone. They have become a common life phenomenal.
 However, the worst risk in the world which I am here to advice everyone at this moment is that it is MOST RISKY  not to take risk.
All great men of our time, have taken one risk and the other, break the barricade of fears and venture into the uncertainty as you uncover your potential.

Well to be sincere with you, everyone who had taken risk and had come with a success story have one common line of story to tell us all that they have taken a calculated risk. Every investor, trader and the rest should learn to take a well calculated risk.

 To know more and gain more experience requires taking some risk that will help you learn. As a trader, just reading without practicing what you have learnt which involve some level of risk does you no good than having an ordinary head knowledge.
 Don't forget that risk is venturing into the uncertainty, so endeavor to keep it a calculated risk before diving into the final decision.

This is not just about trading, this is about anything connecting to human life. Let this words be taken beyond the four walls of trading to every aspect of human life and see the result thereafter. Most important message here is to take a calculated risk


The greatest RISK is not really getting any RISK on which this turns out to be a known word and something that not all really that bothered on following into and really just going into the safe side but in exchange then they didnt really make out any progress in their life and this is why we do really see different situations and conditions comparing into those people who do take risks and to those who didnt. Yes, its recommendable because we wont really be that progressive if we wont really be taking up some step further. The issue on here is that not all would really be having that courage on doing such thing and this is why they have decided that they would really be contented on what they do currently have on which its not bad because we cant really be able to force them on what are the things that they should do since its their own lives then it would really be just that their right on what are the things that they would really be involving. It is really just that depending on you which things you would really be tending to get involved with. If you do love a life on having that kind of situation on which you could really be able to buy that you do want then you should really make yourself that do extra work and extra risks because if not then you wont really be seeing yourself anytime soon.
legendary
Activity: 2716
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October 09, 2023, 11:09:32 AM
#41
Boom, the headline cut your attention right? That's perfect . There are lots of risks in business, investment and trading which is not new to anyone. They have become a common life phenomenal.
Well, it surely did get my attention because I said to myself, "what the heck? Business/trading isn't an adventure" immediately I read the caption. A risky adventure would be something like crossing a busy highway without first checking for incoming vehicles. It's a needles one, anyway. By the way, that genre is called business because it keeps us busy.

Pedantically, business shouldn't be classed as an adventure. If you talk of it being risky, yes. However, the type of risk it should be associated with has to be one thought out before embarking on the venture. Everything life offers come with a certain amount of risk. Do we indulge all? No, of course. We pick the ones that suit our appetite and temperament. Like you rightly submitted, it's risk on its own not taking risk. So, we choose our risk and try to conquer them. That's how man survives and makes a living.
legendary
Activity: 2086
Merit: 1058
October 09, 2023, 10:34:40 AM
#40
Yes, it sounds very beautiful and modern “The biggest risk is not taking any risks at all”
You very correctly noted that the risk must be well calculated, otherwise it can lead to large losses and huge losses.
If we are talking about trading, then we will definitely have to deal with risk and there is no escape from it. But I believe that there is a justified risk and a reasonable risk, and there is a stupid and thoughtless one. Thank you
It sounds wrong but it's actually right. One example would be is if we don't take a risk to apply and get a job, we won't have a money that we can use to buy the basic necessities in life. It gives a huge risk in our health. There are risks in most of the things that we want to do but if we will prepare (put some knowledge and skills) there is a huge chance that we can get successful with it. Instead of escaping the risk, it's better to learn how to live with it. Once you grasp things, it's now going to be easy for you and you can even increase your leverage's because sometimes we are looking for that special kind of thrill which risks can only provide.
full member
Activity: 1442
Merit: 116
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October 08, 2023, 10:56:14 PM
#39
In all matters of life, trading can change our attitude in facing real life problems. Of course, in responding to a problem, we must also have an analysis of the impacts that will occur if we take a step. Therefore, in determining our steps, we will take the smallest risk of course, or dare to speculate to get a bigger goal, and we ourselves have to decide, especially since we already have the calculations, so we already have good anticipation.
legendary
Activity: 2506
Merit: 1394
October 08, 2023, 10:14:38 PM
#38
(....)
Many of the our millionaires and billionaires often times found themselves in such a situation and took a chance without calculating any risk, because that is how the big money is made without thinking toomuch about it.
The bottom line is to however always be prepared in any area of interest and wait for the right moment to take the risk.
I don't think so. You don't need to be like them, you already know it's not good and know what is good or better for you.
Still, I can do the right way or better way to become successful, small or big, it's already profits and success for me and I believe in the process, don't gamble.
Risk management is a must.
hero member
Activity: 2324
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October 08, 2023, 06:46:17 PM
#37
If you talk about results, there's no risk in not taking risk. But if you talk about your possible future then that's how it becomes risky.
It's because you take the example of early bitcoin adopters, they have took risk and believed on it in the early days when no one believes on it.
That was the risk but it's now worth it and people won't have the same risk as them that has been taken before.
legendary
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October 08, 2023, 02:57:57 PM
#36
Stop loss in trading is very important, especially if we trade futures, to prevent further losses.
-snip-
Stop loss usage has absolutely nothing to do with whether you trade futures or not - why should it?
Stop losses are a standard tool in any sensible trading strategy. Anyone who says otherwise has never traded.

I put stop losses in almost every trade. If the trade is already positive, the limit is moved up until I reach my desired target. If the trade becomes negative, a sensibly set stop loss saves me from losing too much money - or coins, of course.

Hmm, good physiology that you decide your losing level before entering the trade, but don't you think it really creates a gap in your physiology as it can be due to the un-confidential decision, I know a stop is just in case point still, while trading in a volatile market after all the analysis and decision when you take a trade and set a stop loss it gets hit and the market recovers even goes in profit what a trader got in that situation? (It May sound fictional But that's a fact at least in 90% of cases in hitting stoploss).

A completely opposing side exists as well but that is not the topic now in risk management. triggers are good but while being depend on them in a volatile market not a good strategy.



full member
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October 08, 2023, 12:55:36 PM
#35
there is no growth without pain, no success without courageous action!!

In some fields, success has different struggles and here we discuss trading, the risk in trading can be minimized as long as you understand how to be a good trader.  What you must learn in trading to minimize the risk of loss is to learn basic trading skills, diligently read the latest news and always upgrade your knowledge, if you take risks without you having good supplies then it's the same as if you were gambling, think about that again.
sr. member
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October 08, 2023, 12:14:39 PM
#34

the worst risk in the world which I am here to advice everyone at this moment is that it is MOST RISKY  not to take risk.
All great men of our time, have taken one risk and the other, break the barricade of fears and venture into the uncertainty as you uncover your potential.


There are risks in every business and trade in the world but it has never happened that all people leave the business or trade because of the risks. Everyone knows that in any business that they do, there can be loss, but it is never the intention to take risk without thinking in any business. Rather, every business and trade requires experience and knowledge, and all these things come from learning, after which you can take risks in that business.

Business or trade is not a venture that you take without thinking, Rather, in business or trade, you have to use your experience, knowledge and skills to minimize your risk of loss, and you have to work hard to improve your profit rate. People who have experience and expertise are participating in all the business and trade of the world. Just as in trading we take a trade by making our complete analysis and estimates, then the purpose is that we take risk based on our experience.
sr. member
Activity: 1484
Merit: 323
October 08, 2023, 12:03:37 PM
#33

However, the worst risk in the world which I am here to advice everyone at this moment is that it is MOST RISKY  not to take risk.
All great men of our time, have taken one risk and the other, break the barricade of fears and venture into the uncertainty as you uncover your potential.



I couldn't agree more.
I believe that the bravest people are the people who take risks, but a calculated one. Most of the success stories of successful persons involves taking risks. But you should still assess the potential outcomes of your risks and not just expect something good without knowing the "risk". I also think that taking risks enables you to gain experiences in which will help you in the long run. Again, this is not about risking something and just hope for the best without doing anything. You still have to have careful analysis and make an informed decisions for better outcomes. Afterall, taking risks sometimes means a 50/50 probability but making a calculated risks will help you to increase your odds.
legendary
Activity: 2296
Merit: 2721
October 08, 2023, 05:27:51 AM
#32
In risk management what is most pertinent to the members of this forum is trading and gambling. Trading should be limited to spot trading to reduce the risk and gambling should be avoided altogether. There is a point in trading with increased risk like taking up altcoin pairs, going for margin, leverage and all, but you might lose sleep over it.
I see it a bit differently, but in principle I agree with you that you have to separate trading and gambling (in the sense of taking very risky trades, not gambling on platforms like Roobet).

I certainly "gamble" with my trades. However, I have also set aside an extra budget for this and see it for me as entertainment, such as sports betting or a visit to the cinema. My budget for this is very low, but I am still happy about risky trades that are successful, because they are much more worthwhile than standard trades. Of course, this hardly ever happens and is probably more like winning the lottery.

So you can gamble as a trader, but you must always be aware that this is for entertainment.
legendary
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So anyway, I applied as a merit source :)
October 08, 2023, 05:07:19 AM
#31
Life is all about taking calculated risks. You start that when you are nothing but a sperm swimming towards the ova risking yourself against all others to win the race.

In risk management what is most pertinent to the members of this forum is trading and gambling. Trading should be limited to spot trading to reduce the risk and gambling should be avoided altogether. There is a point in trading with increased risk like taking up altcoin pairs, going for margin, leverage and all, but you might lose sleep over it.

Risks come in all forms and in every aspect of life, there is not hard and fast rule how to deal with them. Its more like situations where your quick thinking can save you.
hero member
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October 08, 2023, 05:06:00 AM
#30
In trading, there will be risks and every gambler must be ready to face the risks and know how to overcome the risks. That is why every trader and investor must learn what he wants before starting and keep learning until he really understands it. That's because trading in the crypto market or investing in crypto requires sufficient knowledge to avoid experiencing losses.

And even though it's difficult to understand, we can understand it, especially if we can find out and find more information. Traders and investors will only know how to manage their risks by trading, investing, or practicing what they have learned. And when he puts into practice what he has learned, that can help him to better understand the real thing about trading and investing.

He also has to continue to learn more if he wants to improve his analytical skills because the changes in the market require him to adapt to the situations and conditions that occur in the market. And with learning, he cannot make profits like other traders or investors.
hero member
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October 08, 2023, 04:30:06 AM
#29
Yes, it sounds very beautiful and modern “The biggest risk is not taking any risks at all”
You very correctly noted that the risk must be well calculated, otherwise it can lead to large losses and huge losses.
If we are talking about trading, then we will definitely have to deal with risk and there is no escape from it. But I believe that there is a justified risk and a reasonable risk, and there is a stupid and thoughtless one. Thank you
hero member
Activity: 616
Merit: 749
October 08, 2023, 03:57:39 AM
#28
Well to be sincere with you, everyone who had taken risk and had come with a success story have one common line of story to tell us all that they have taken a calculated risk. Every investor, trader and the rest should learn to take a well calculated risk.

Calculated risks are the best type of risk because you have already calculated all the possible outcomes and you're sure you'll make gains. If you're investing or trading, you have to make calculation so you don't take decision that'll only leave you in regrets. Trading or investing in shitcoins aren't calculated risk because you don't know the future of those coins as they can stop trading anytime but many individual makes the mistake of believing they'll make big profits from them.

When you invest in Bitcoin or you decide to trade Bitcoin and other top altcoins as Ethereum, you're taking a calculated risk. In life risk has to be made or we won't leave our present condition. Not taking any risk is the worst decision any individual can make because you'll be trapped at the level you're while those who take risk will progress.
hero member
Activity: 1680
Merit: 845
October 08, 2023, 03:12:04 AM
#27
I think that most of the calculated risks taken in any endeavor might just be a too-careful approach to a situation and it may not produce as much result as when one happens to stumble upon the opportunity and just takes the risk instantly.

Many of the our millionaires and billionaires often times found themselves in such a situation and took a chance without calculating any risk, because that is how the big money is made without thinking toomuch about it.
The bottom line is to however always be prepared in any area of interest and wait for the right moment to take the risk.
I almost got screwed over trying to minimize risk and approach staking stablecoins as a safe option. Not only was it not worth my time, but I also ended up suffering a loss on what I was considering to be a safe but low-yielding investment. I'm not saying that staking stablecoins is bad, but sometimes, trying to approach less risky tactics isn't always as safe as we thought it'd be. With that being said, trying to find the safest options in the market is often as risky as not taking any risk, because the risk of loss of capital is still there, and when and if it happens, you'll be caught off guard without achieving any significant yields either.
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