Those that hate risks! - page 8. | Bitcointalksearch.org

Kelvinid

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Quote from: Zemomtum on May 28, 2020, 06:56:44 PM

It is good to take a risk but it must be a calculated risk and not just jumping into the boat. Life itself in its entirety is full of risks

How it could be a calculated risk?
It is called risk because we don't know what will happen next and we don't have assurance for gaining trades or a losing one. If we only know that the market will pump but tomorrow or on the other day/s, ain't no wonder why people won't jump into the boat. But somehow we don't know anything and that people will not try either as they are afraid of the possible results.

Trading is not a perfect place for those who are not capable of doing this and have negativity in minds. They always worried and live with doubts.

TheGreatPython

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Trading is not meant for people who don’t like taking risks and it’s also not meant for people who don’t have enough money to take that risk. Even if you like taking risks, you still have to put some things into consideration so that you don’t end up making a mistake you will regret for a long time. That’s why risk management is very important.

You shouldn’t be afraid to take risks, but at the same time you should know how to manage your risk since your main purpose it to make profit and not loss. If you don’t put all these things in mind you will end up losing money all the time and your risk would be for nothing except loss. Managing risk is easier unlike most traders are afraid on it. Just with experience and practical knowledge anyone can minimize the risks which will definitely help them to maximize the profits.

Paycoinzzz

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Quote from: mycryptoanalysis2019 on May 26, 2020, 09:05:15 AM

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.

Yes, I used to hate risk and that's stupid. When bitcoin fell to $ 3k7, I hesitated and did not want to buy it. I waited until its price was lower than $ 3k7 to buy but in the end it didn't return and flew straight to $ 10k! This is one of my biggest mistakes and made me think again about myself. For those who do not want to lose money, we should stay at home and do jobs with a stable salary, but when investing, take risks. Those are the basics that can make you richer in the future.

Latviand

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Quote from: Oceat on May 26, 2020, 06:27:44 PM

Risk is a part of trading they shouldn't forget that since we are talking about money. Gaining and losing is all part of trading, that's why there's a risk management to minimize the losses versus what you gain.

Practicing risk management will really make you minimize your losses and will make you more confident in trading. Sometimes you should explore and understand first the risks of doing trading before you engage with it so that you know what are the results of doing that if you try it. You need to deal with the volatility of bitcoin when it comes to trading it.

Trading cryptocurrency is really the best and worth it if you have a successful transactions with that. Risk management is really effective for me whenever I trade, it made me more optimistic in trading and become more focus and wise in making strategy depending on the situation in the market.

Quote from: Oceat on May 26, 2020, 06:27:44 PM

It's like gambling—you need some strategies and skills in order to gain from the other people who do trading too. Bitcoin is quite well-known of its volatility that's why everyone has a chance to gain. People should know how to gain more than to lose more over gaining when trading, just buy low and sell high.

Gambling is much risky and you need luck for this platform to win, in gambling, strategies are not enough. While in trading, strategy, technical analysis, speculations and planning will guide you to have huge profits in a certain transaction. It is pure manipulation and not a luck based platform so it is less risky than gambling.

Nhor1011

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Quote from: mycryptoanalysis2019 on May 26, 2020, 09:05:15 AM

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.

Exactly! A good trader must be a risk taker person with positive mind and not afraid to lose if ever because trading is a play of gain and loss. If you don't want to lose then don't try to enter in crypto trading. Crypto market is volatile and you can't avoid of losing but you should learn how to minimize it.

Denamen

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Quote from: Subbir on May 28, 2020, 09:15:21 AM

There will be risks regardless of what we do We should attempt to move forward minimizing risk. do not be discouraged when it involves doing business Always need to think positive Negative puts everything at a loss there's nothing like hating risk. you've got to undertake to avoid the danger by checking it well there's nothing to be scared of when it involves risk management. Planning ahead will reduce the danger and increase the demand.

In any investment, there are risks that we can not anticipate and before investing need to consider carefully because when entering this market, only you can decide your future. In my opinion, if investors have good knowledge, they will avoid the risk of investment, but if it is a new investor, they will lose money in this market. I think there should be two plans when investing and should analyze many times before making a decision.

Zemomtum

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It is good to take a risk but it must be a calculated risk and not just jumping into the boat. Life itself in its entirety is full of risks

Mrengage

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Quote from: Gozie51 on May 28, 2020, 12:59:21 PM

Quote from: GreatArkansas on May 27, 2020, 09:32:29 AM

We can also apply the law of attraction in trading. Which we should always be positive. What the more we are thinking the more gonna happen.
Being negative for every trade is extremely awful. You should not be negative at all especially you are risking money, trading is not just a simple game.

Lol being negative is part of fear. Negative is sure if a trader isn't sure of positive result. Negativity is opposite if positive. So if a trader isn't sure of the trade, no other option than to be negative. Proper training is the solution for a negative trader.

The topic alone is really out of my own views, now when he says those that hate risk, is risk something one has to hate. Let's say we don't hate risks we only hate loosing our funds just like this:

Quote

Negativity is opposite if positive

hulla

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Crypto trading is indeed not for people that cant takes the risk due to the market volatility which exactly the same thing that makes some people compare crypto trading with gambling. Aside from that, every business that flourishes will accept debt at a point but risk and lost in crypto trading can still be amended/avoid if the traders have reasonable knowledge about crypto trading and experience in decision making.
In other not scared the newbies, crypto trading is not always about lost.

justdimin

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You do not really have to live a life that is full of risks, people may also have risky lifes already and do not want extra as well so who knows. I personally feel like maybe we have overdone this risk thing already with all those leverages that are 100x and all the margins and lending and whatever which are all fine if you are a professional trader but I have seen too many regular folks who never traded before got into those things as well and they usually end up losing a ton of money before they could make some money.

I think the best way to deal with bitcoin is the simple fact that just buy it, store it, forget about it. That is what I have almost always done except few times when I needed money and had to withdraw some to pay for some extra stuff but that was fine as well for me.

whyrqa

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at least you feel calmer when the cryptocurrency market is in a stable position and cryptocurrency prices fluctuate without sharp jerks up or down. but the Law of villainy infuriates itself, which happens very often when you sell an asset at an increased price, and the market continues to grow further or vice versa. at least you always need to keep calm, in any situations, but when it comes to extra money, it’s very difficult to calm down.

Kasabus

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Quote from: Gozie51 on May 28, 2020, 12:59:21 PM

Quote from: GreatArkansas on May 27, 2020, 09:32:29 AM

We can also apply the law of attraction in trading. Which we should always be positive. What the more we are thinking the more gonna happen.
Being negative for every trade is extremely awful. You should not be negative at all especially you are risking money, trading is not just a simple game.

Lol being negative is part of fear. Negative is sure if a trader isn't sure of positive result. Negativity is opposite if positive. So if a trader isn't sure of the trade, no other option than to be negative. Proper training is the solution for a negative trader.

If you chose to be negative, then don't trade in the first place because it will only make you lose your capital. Trading needs more focus and positive thinking and if you are good at it, you will less likely to committ losses. And since trading is a risky one, make sure to have a risk management and invest only on the amount you can afford to lose.

Mpamaegbu

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Quote from: mycryptoanalysis2019 on May 26, 2020, 09:05:15 AM

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.

If you remove fear from human endeavour, then also remove other emotions as joy, happiness, love etc. They're all a part of human existence. On the flip side, fear is an intrinsic element that keeps humans in perpetual check. It can't be done without. I have heard people talk about removing it from trading on several occasions and I laughed it off. Those are noobs giving lectures on the psychology of trading. Fear is human just like happiness is. Every trading experience should come with it.

Gozie51

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Quote from: GreatArkansas on May 27, 2020, 09:32:29 AM

We can also apply the law of attraction in trading. Which we should always be positive. What the more we are thinking the more gonna happen.
Being negative for every trade is extremely awful. You should not be negative at all especially you are risking money, trading is not just a simple game.

Lol being negative is part of fear. Negative is sure if a trader isn't sure of positive result. Negativity is opposite if positive. So if a trader isn't sure of the trade, no other option than to be negative. Proper training is the solution for a negative trader.

onrise

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Quote from: tvplus006 on May 28, 2020, 10:19:01 AM

Quote from: GreatArkansas on May 27, 2020, 09:32:29 AM

We can also apply the law of attraction in trading. Which we should always be positive. What the more we are thinking the more gonna happen.
Being negative for every trade is extremely awful. You should not be negative at all especially you are risking money, trading is not just a simple game.

It is very difficult to stay positive when the price of bitcoin is falling and you have taken the X20 leverage. It is obvious that this is not enough, you need to understand the cryptocurrency market in addition to the positive. But with experience comes peace of mind when the price does not move at the rate you set.

Experience is rightly said to be the best teacher. Things changes when you know how it can turn or how it has happened and what we have learnt from it. Also sometimes people perspective does also play some role like if they will be able to handle pressure, calm during storm time, have patience to hold it and let go for some time and how can one bounce back again from the fall are important things which also makes person to know if they will be ready to take risks or no.

tvplus006

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Quote from: GreatArkansas on May 27, 2020, 09:32:29 AM

We can also apply the law of attraction in trading. Which we should always be positive. What the more we are thinking the more gonna happen.
Being negative for every trade is extremely awful. You should not be negative at all especially you are risking money, trading is not just a simple game.

It is very difficult to stay positive when the price of bitcoin is falling and you have taken the X20 leverage. It is obvious that this is not enough, you need to understand the cryptocurrency market in addition to the positive. But with experience comes peace of mind when the price does not move at the rate you set.

CryptopreneurBrainboss

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Just reading through the reply and noticed people are emphasizing so much on lossing money been the norm in the market that most new traders will been programmed into thinking lossing money is ok especially when it comes to risky discussion like trading. The main issue here shouldn't be whether you lose or not but what did you learn from the experience. What's the point of a trader continues to loss money and he/she isn't learning from the mistakes that cost that lost.

Why they say lossing is somehow ok to some extent in the trading business is because it should teach you how to better your trade and make you perfect your craft so to avoid future loses but if you're not achieving that then quit and go look for something else that will bring profitability. Not everyone can be a trader, we have great investors that are losing in the market just because they have been pressured into thinking they can be traders.

If you have a problem with risk then there are better ways to take calculated ones that are most likely going to give you profits on the long run which investing should be one of them and not trading.

Subbir

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There will be risks regardless of what we do We should attempt to move forward minimizing risk. do not be discouraged when it involves doing business Always need to think positive Negative puts everything at a loss there's nothing like hating risk. you've got to undertake to avoid the danger by checking it well there's nothing to be scared of when it involves risk management. Planning ahead will reduce the danger and increase the demand.

Yamifoud

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Quote from: mycryptoanalysis2019 on May 26, 2020, 09:05:15 AM

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.

Then, it is to say also that not all are meant to be a trader since not all of us here are strong enough to take the risk and could afford to lose.
This is just like you can't be a teacher if you don't know how to teach...

The positivity of our mindset will take a lead into a better result, that even how much risk it is, even we could possibly be suffering losses but we don't make it a big deal coz basically, we can't be successful if we don't face the challenges.
I'd love to see people become successful but not knowing how hard they do just to top over the wall and achieve their goal.

Ridwan Fauzi

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Trading is not gambling, someone has a chance to avoid some loses.

I heard a lot of people there who stated that gambling have similarities with gambling but in my opinion they are wrong to make the statement.

Trading has a lot of strategy, if you can manage as much as strategy theb you just have a chance to lose your money, but it is otherwise when you just come to trading but you don't know everything, most likely you have gambled for your money.

Also, using money that you can afford to lose is another way you have a bunch opportinities to lose your money. I've been thingking this way and I have felt by myself that's true. Using money that I can afford to losw will more profitable then when I use money that I can't I afford to lose.

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