YOU HAVE TO BE A DIE HARD RISK TAKER TO EXCEL IN THE CRYPTO INDUSTRY

Pattart

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Quote from: nicko122 on November 27, 2018, 09:30:58 AM

It is risky to invest money in any area, not only in cryptocurrency. Investing is always a risky business and not everyone will have enough nerves to engage in such a thing. But in fact, we all someday risk in our lives Wink

Yeah you can say everything in life must have risk, but the risk in bitcoin is very different from the risks to business and other investments dude. the risk is very large, because the existing fluctuations and inflation can bring prices down very deep and make you bankrupt if you don't know how the market works. you have to be a die hard if you want to enter the crypto business..

biskitop

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from the article that you wrote, it can be concluded that people who dare to get out of safety zones and take big risks are people who will have great success in the future if accompanied by the right lessons and effort.

KingScorpio

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you can't take a lot of risk for long

Fluxtorrence9

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Yea its tough road in cryptocurrency world ,to excel you have to be tougher and have full determination ,remember you will lose but as a never back down type you will surely excel ,sometimes losing is winning ,don't give up easily

semobo

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Taking the risk blindly will also causes lot of problems so we need to be smart if you want to excel in anything not only in crypto,just analyse what is going to happen in the future and invest accordingly you may go wrong with your analyse but you need go put your efforts when you want to make money or you will just lose your money.

pabpete

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Quote from: Chacha1000 on December 21, 2018, 04:58:53 PM

I truly agree with you that one have to be a risk taker to excel in the crypto industry. Besides everything in life is all about taking risk and crypto happen to be one of them. Crypto is full of uncertainty.

This is the thing that attracts greedy people and gamblers to the cryptocurrency market. Big risks allow you to earn a lot but also lose a lot. Unfortunately, not everyone is aware of this before investing money.

bitcoinsc

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There is risk in every investment. Crypto being the most volitile. U already knew what ur getting into buying btc. It's volitility

Eildosa

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It was very interesting to read. I also know some similar stories, when people in spite of everything went to their goal and achieved it at the same time risking everything. It's a matter of respect. Sometimes still worth the risk, but you have to think very carefully about their actions, because at stake is very much.

Chacha1000

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I truly agree with you that one have to be a risk taker to excel in the crypto industry. Besides everything in life is all about taking risk and crypto happen to be one of them. Crypto is full of uncertainty.

thankyoulord

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in life everything we do is a risk, no one slept and woke up to become a millionaire over night. infact the more risk you take the higher the possiblity of you making out something. bitcoin investment is a risk and only those who willingly invest in it, accepting all risk involved in it get to succeed in it

minhlee95

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The most important thing is that every novice investor is ready for such a risk before he starts buying bitcoins. This is very important, as many are disappointed in bitcoin when it starts to fall in price.

WebTera

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Investing carries very high risks and even disappointments. but I think the risk is worth it. Moreover, a lot in this area of earnings depends on you and your nerves.

rtm125

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I don't know of any way to make a lot of money where you don't have to take risks. And as we all know, bitcoin is no exception. This is a very risky type of investment, but if you can do it - you expect a great profit.

Bennix

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Of course, in every meaningful task one do in life,the person be total committed if truly he wants to achieve a great success.However,the person must face adversity and challenges of which he might be having sleepless nights because of the challenges.The same thing is applied to crypto industry.If you are observant,you will find out that those who made fortune in crypto are the ones who committed their time,energy and money into it,they never mind if bitcoin failed -95%.They never mind if the masses are selling aggressively. They stood firm on what they believed on,and this is the reason they made huge amount of money in crypto.
Now,some of those few people that paid the altimate price by taking a risk have been advising people on how to apply patient in crypto industry, yet some are seeing it as gimmick.So,I believe that one have to be a hardcore risk taker to prosper in crypto.

Little_king

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Every business is a risk taking which one need to close eyes and do for any success , and work hard to make it come through , so having it at the back of mind that just get in and take profit is a zero to any one who think so , you have to devote your time, energy and money to make more money.

ellehcar

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I strongly agree with OP that you need to be a die-hard risktaker before you really get want you want to achieve in this crypto business. It's like survival of the fittest nowadays, and only the bravest of the braves who chose to endure until the end will reap. Only those who are willing to pay the price of unrealistic heavy losses, sleepless nights, heartaches due to the huge market downturn will get to the end and reap the harvest of crypto industry's success.

AltcoinTradingSignal.com

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Amazing write-up. But, that's what makes cryptocurrency such a great place to be. For traders who know what they are doing, these risks offer tons of Opportunites. For example, I can think about arbitrage as a good way of earning extra cash, but it does come with its share of risks associated with it.

nicko122

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It is risky to invest money in any area, not only in cryptocurrency. Investing is always a risky business and not everyone will have enough nerves to engage in such a thing. But in fact, we all someday risk in our lives Wink

rosemary4u

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Quote from: Elerntta on November 09, 2018, 05:11:01 PM

You are right, if you constantly develop without risk and in a comfortable environment, you are unlikely to achieve great success. Therefore, investing in bitcoin is a risky activity, but it can bring real profit, and this is confirmed by real stories today.

The experiences in the life of a typical cryptocurrency enthusiast is no joke. There are a lot ups and downs in the crypto market and it takes a person with a strong heart to stand the issued that comes with all these problems. Life is all about taking risks to be able to succeed.

jeromix

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Ako Bayot!

Wow such great words from you OP, I know that taking risk would have attained only two options and that is to be successful or you will going to lose in the way of taking the risk. So, If I were to decide it will be good to be in the middle of it. I do not want to risk all of my resources in this high risk investment.

Topic: YOU HAVE TO BE A DIE HARD RISK TAKER TO EXCEL IN THE CRYPTO INDUSTRY (Read 2104 times)