Bitcoin Forum

Hello fellas.
I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky.
You as a trader, how did you face the risk in trading in order to lessen the possibility?

You can never reduce the risk to 0% obviously but you can reduce it by learning TA (technical analysis) and FA (fundamental analysis). Technical analysis is the study of charts and patterns in said charts, fundamental analysis is being smart about what's going on (if some news will affect the price or not).

These are all the tools we have, unless you have insider information of course. I don't think it's viable as a job, most people lose money. Just wait for big dips, buy them and hold it.

Any sites you can share teaching the basic technical analysis and giving an advice for fundamental analysis?
Thank you.

If you are interested in trading, the fastest way is to take courses from the trader. But if we take this market. Then here is just the logic needed on the basis of news and analysis of projects that you trade. Buying at the bottom is also not always the best option. But the new coins, of course you can estimate where it is - to see how they raised funds, what bonuses received-and about to estimate their interest. Personally, I am doing so

I'm not a daytrader per se, but you can't totally eliminate the risks. There will always be risks as no one knows with 100% guarantee how the markets will move. The way traders make money is to take advantage of the odds (e.g. if you think there's a 65% chance that x coin will increase to a certain price, then take that risk. taking in to consideration that you could also lose the trade, hence you only allocate a small percentage of your bankroll to the trade depending on how confident you are).

Being a trader is really very risky. To reduce the risk when trading to a minimum value, you need to use "stop loss" and "take profit". This is the most important thing in minimizing risks.

First of all you must trade what amount you can afford to lose,  and also must educate yourself first before doing anything,  to gain more idea and strategy how to reduce risk ,'cause that is the most important , and especially doing "technical analysis" or (TA) of the graph when there's a scenario happen in the market, which a big help to determine the direction of coins using the pattern.

Isn't too risky if you are having the fan of doing it and courage to face challenges. Losing and winning are just part of a trading since you are new in crypto trading, you should experience it and that made your success in the future. Ups and downs usually happen in the market, best strategies must be applied to catch up some changes and to free from losing.

Have a clear stop loss, sometimes its better to take small percent profit per position espescially during bear market,you will need to make more positions for significant gains but the guarantess of the success will be much higher,the truth is that the best traders in the world aim for small and consistent profits they know this is the only way to success.

As a new learning trader I take risks by the time I put my money on a particular coin that I know or at least know it will probably grow. Now by lessening the risks you need knowledge on trading not just normal knowledge you need a versatile one themat can manage to operate different task that doesn't confuse yourself easily and could think calmly.

You need to start with the amount that you can afford to lose, in no event, nor from debts - it can badly end. If the amount of investment allows - it can be divided into several parts, that would insure themselves against an unsuccessful choice of crypto.

Invest in the popular cryptocurrency and monitor their value.
Sell, make a profit, invest again and continue all through the cycle.
Good luck in your endeavors!  :)

In fact, trading in general is always risky, even though you were an expert because no one can predict everything in the market 100% sure.

In my view, the best you can do is to read and learn as much as possible, and to create a wide portfolio to avoid putting all the capital into one project. It is always better to stand on more feet in my view.

Risky because you may lose all your funds in just a single move. But no worries as soon you understand the risks, you can properly managed it on the way and turned that single move into decent profit.

You must understand that not all the times your desired thing will not happened that's why there's no room for panicked here. It's ok to dump as it was part of the usual trading moves but you must really understand what you are doing and not just do a random dump. Same practice goes when buying a coin.

Just relax and play the trades comfortably. You won't think of a good way if you are on panicked. Well then goodluck.

Invest only as much as you can lose. Only tip you need regardin risk.

By making a plan before going into a trade. You should already decide what are you expect the market to do, determine your target and set your take protift (TP), identify what could invalidate your call and set your stop loss (SL) there. I think having such plan is what differentiate trading from gambling, you don't simply hope the market will move the way you want it to, but you have reasoning behind it and you know when you're wrong.

I'd recommend you to read this risk management course from Babypips. It's easy and simple but should be enough for risk management introduction.
https://www.babypips.com/learn/forex/undergraduate-senior#risk-management

It is little risky investment but we should invest in current dip it will make profit soon. So many traders are use this scenario and few traders are always stay away in this time because they don't take risk in trading platform. But my self trading is a best way to earn quick profit so we should take risk in sometimes.

yea trading is very risky. And if you do not have more knowledge then it will be more difficult and you can not get profit. And I think  In this market situation we should avoid trading with altcoin. just buy some btc and hold.

Have you ever done forex trading before? 😏Bitcoin trading is just like you will do in forex, just a little difference and there are same level of risks involved. If you are not careful enough, you will just end up with losing your money. You should always set a stop loss whenever you’re trading, if you wouldn’t be there to watch.

When you don’t set a stop loss, the loss continues till you’ve lost everything you have invested. As for Hodling, you will have to be at alert and cut your loss if you are not ready to have patience and wait for price increase.

Stop-loss (S/L) and Take-profit (T/P) points constitute  key ways in which traders can plan ahead when trading. successful investors recognise what fee they're willing to pay and at what charge they're inclined to sell, and they measure the ensuing returns towards the opportunity of the inventory hitting their goals. If the adjusted return is excessive enough, then they execute the trade.

You have to search your own trading strategies, always pay attention to fundamental analysis it plays more important rule than technical one ,always use stop losses, dont allow your emotions to overtake you,successful trading is always based on risk management and careful analytics.

The first thing that has to be learned once before is trading at Crypto is much more risky than any other sector. The money you invest here is the money you can risk. Then you should learn how to analyze in chart. But, sometimes the technical analysis may not work in Crypto. The most basic thing is to analyze the news correctly and without wasting time.

Indeed trading is very risky business, so if you intent to do trading, than it depends on your risk appetite you are willing to take. And also if you are willing to dedicate your time in learning technical analysis, this will lend great support to your trading, but still risk remains in trading.
As a trader, I try to keep my risk in trading minimal, but still it depends on the current market trends and situations present at the point of trading.

It's absolutely true that crypto trading is really risky, specially for those newly crypto traders who doesn't have any experience about trading even outside the crypto world. It take a lot of risk because of the high volatility of its market value that could be so difficult to anyone to predict of its price if when it goes rise or fall. But if you have patience, you have a great opportunity to succeed in this field.

The best way to reduce the risk in trading is you must learn all trading knowledge. Especially, you need to learn technical analysis which will help you catch the trend of market through you can give right decision in trading.
Beside you also need learn way of control your emotion. This s very important but many people is disregard. If you have knowledge but can't control your emotion then you also will soon get failure.

First of all, you must understand that trading in itself is risk taking. Then, in order to minimise your risks you should have a comprehensive understanding of the markets, if that is not in place already, you should start with small trade and then build up as both your knowledge and confidence expand. And be open minded too, you could have a fall but at least you was aware of that possibility, and just be prepared to learn from the fall to climb new highs

By following proper risk management, one can reduce the risk. In trading management is very important. You have to develop your own trading system where everything should be specified. And it takes time. If you try for short cut, your success in trading will be more delayed.

Actually I think that somebody has already mentioned that,  but just in the case, there is a rule, the first rule of trading. Do not risk amount which would be more than you are ready to lose.

Tarding is not very risky but yes it's little bit risky beacause in trading instead of loss your all investment, you loss only your some percentage of investment.In this cryptomarket you can't earn profits without take risk so if you want to get more profit then you have to take let's take example ,if you buy coin at hugher price and then it price will decreased so it will loss for you but in situations like this you have to hold it and sell it when price will rise again so you can earn good amount of profits.

Its like gambling, once you started trading you'll be addicted. Specially when you hit your goal and earned good profits. Risk is always there. There is no such thing as no risk trading, there's always a risk involved even if you join those pump and dump groups. Actually it even increases the risk in losing more money if you join those. Pick those coins that are not being pumped.

here https://www.investopedia.com/terms/t/technicalanalysis.asp



Everywhere of this section has this


buy and hold for a long time is the best strategy because you will not stay every day with your eye glued to the computer screen to monitor the price, you will not have headaches every time the price falls. so this is the best option

If you are skillful person you do not need to worry about that at mate. You should check the good trading site like Binance or Bitrex to start your trading career. First learn more information on Youtube videos. Actually many traders started their trading career with learning on Youtube and Articles available in online.

Then when you start with trading, go with the cheap amount to start bro. If you have more fund as well go with 300 USD to 500 USD to make money with it.

As a trader sometimes you have to stick to some of the decisions that you make, some like putting your money into a coin and than its value goes down and many people say that you should sell, risks like getting a bit greedy when you see the price going up and you keep waiting for a bit more profit, I think that many people take trading for rocket science when it is not, you should ask people for advice at first to get the baisics and then just experience it on your own,  develop your own ideas and make your own decisions and stick to them and that is how you take the risk and that is how you learn.

Don't you know what's trading? You sell in low price and sell in high price (in order to profit). So what's risk here? If you buy in low (as you see it's low) but price falls, your buy is meant to be high instead of low. Then you sell if you don't have nerves to hold and you get loss. It repeats and repeats. That's risk. There is no way to manage it by reading suggests from here.

Simple. Don't let your emotions blind you.
When there is profit take it. Do not waste anymore time waiting for another pump. There could be none or there could be but that is the risk.

Just remember a profit is still a profit. Dont make any foolish decision and try holding it for a longer time.

It is mroe than easy to understand this. if you do not risk your entire ass while trading, then you are not going to earn a single dollar in there, that is how it works

Such thing should be put in their mind,  trading might need enough capital and knowledge. If they don't have it,  it is better not to engage in crypto trading cause you only loose. A lot of people have tried into these but only few have survived.  They must have to think it before taking the risk.

Right.Trading demands quite a big capital so if you think your money isn't enough,find some other ways to make an income in this crypto world like participating in signature and bounty campaigns and earn more tokens.Do not just jump into trading for the purpose of making huge profit,understand the market first and what makes it risky to trade.

to overcome the risks that occur in the world of trading you should understand and read information about what are the risks that will occur when you are trading if it is then that I can conclude is you must be patient.

Knowledge is power, so if you have knowledge about how to trade and read some candlestick works you can handle that risk and also you can avoid what the move that you make. Actually risk is every thing, but its depend the people how they can hadle that risk through knowledge they have, my point is you can handle that if you have knowledge, the more knowledge you have the more risk that you can take.

Hi
There is always a risk in trading. people may say a lot of things. but that is the truth. But you can reduce this loss with a good knowledge and experience in the field and understanding properly how a certain market can behave.

Trading in bitcoin and others digitals cryptocurrencies is a very risky venture and you are not to go  into it with your capital without high knowledge in what you are doing.  You should spend more time to learn and develop your skills than rushing into trade.  However,  remember the risky trading are the better profits you make from it.

First of all you need to get rid of your emotions. You can't trade if you are emotional about your positions. Then risk management is a MUST. You need to set clear Stop-Loss areas and have a TP target. Also to minimize risk you can move up your SL to secure profits. Thoroughly analyse your trades, don't hurry and take your time. Remember, not taking a position is also a position! ;)

Risk will be always at your side if you will go on trading but it was better more than gambling, there will be always a risk and it was high depending on how much coins you invest.

Most importantly, in order to reduce the risks in cryptocurrency trading, you need to develop a trading strategy that you will adhere to under any circumstances. Only by adhering to this rule, you will be able to earn.

You cannot "lessen" risk in trading. The return coming from trade is based on the market risks. Understand those risk and act accordingly. Otherwise do not invest into trading. Once you gain enough experience you can still make mistakes. Its not that every trader makes profits everyday.

Gambling is a much more risky thing to do. Buying an altcoin though with proper analysis you still have something (shitcoins) to sell in future if you want. Who knows what can go up in future. But in gambling its one click of going all in and its burnout.

If you are afraid of trading, let me suggest you to start from a little amount and then slightly increase your money trading until you will be confident of what you are doing.

It is said high risk high profit,If you want to take risk you will gain high profit as well.But risk in investment must invest wisely,Dont put all eggs in one box must diversify the investment.Invest in different stable coins to minimize the risk of loss,There is massive potential in trading just need to learn and educate yourself regarding coins and market finally will win.

Every business and investment is risky and so does cryptocurrency trading, so its not as if it is selectively risky. The more reason why cryptocurrency trading is being regarded as having the highest risk is may not know which direction it is heading to and if not careful, all your initial capital becomes a waste. To trade successfully, monitor the market, trade with money you are willingly to give up, manage your emotions and don't be greedy.

Your questions meaning is misleading.  ;D
Well, crypto currency trading itself is a big risk, and yes you heard it right. The fact is we dont know how the crypto trades might work up for us the we start with them. Now anyone who was trading in the January this year or lets say few months ago might be in the complete loss because the crypto as whole is down the line in terms of its market value. Thus, it has become hard for them to come out of it in the current dip. So you see that kind of investment can be risky and unwanted risks are always there in this market.

If they dont analyse the market they will never be able to make any profit and thus will never gain any confidence in trading. Increasing the amount of capital everyday is a bullshit idea for newbie traders. Why would they even risk money before knowing about how the market moves? Newbies should spend time on analyzing the last-5 year market graphs and how news and FUD moves the market. Then only should they start trading.


Stop shitposting like this. I have seen posts saying the this same thing over and over again.

To do a job of trader is matter of experience , if you will spend more and more time then surely you will get more and more knowledge in this field to become a more experienced traders and to become a successful trader we need to become a experienced .
To become successful it is a big factor that you should follow your own strategy of trading so that you can handle profit and loss according to your need .
Here no doubt that it is risky field to make earnings , but you should know that every field of the cryptocurrency is full of risk , you just need to understand that in which cases you will face loss and also you just need to understand that from which case of use loss will change into profit in small time .
A big key of success in this field is that we should buy at dump of the market of the coin , but at that time most of the people get into fear , but you should not get into fear and be stable and not to sell until you make profit .

Investment itself is a risk. there is no way that we get profit with 0% Risk. You need to play the safe game to be risk-free but the profits will be less. when you have a number of currencies (if it is an altcoin) you will be able to gain more profit but putting the whole money is also a risk.
You can start with some amount to experience how better you can do trading and get profits based on that you can increase the amounts you are investing in and become a perfect trader.

As soon as you will enter the trading market then you will fin yourself in the risk zone.  ;)
Well, nothing is stable here and its pointless to think about crypto getting stabilised one. Thats wrong and that is where people take most of the risk by thinking it that way. The crypto trading comes with many strategies and if you really want to play very safe then just go for the long term holding trades. In this one you will always keep yourself saved from the too many ups and downs and getting panic about it. You will finally end up with huge spikes on your trades and holding and thus gaining profits.  :) So try that way of trading rather than swings, day trade and margins trade.

Either you go for investment or trading, there will always be a risk so before entering in this kind of profit making you should understand that there is no easy money on this especially with cryptocurrency market which is highly volatile. For a trader to face that risk, the number one thing is you should not trade with your emotion or else there is a huge chance that you will always lose your trades as well as your money. Always have a strategy before making a trade, what I mean is have a target price where you will get out or get in, and you should not always expect that you will always make a profit in short term trades. If you want short term trades then aim for small profit.

There is no such thing as to lessen the risk, trading requires risk once you started buying something. I remember in my previous seminars that I attended to learn more about trading the speaker quoted, "low risk, low reward but high risk high reward" I think this is true in some sense in order to gain, you must be willing to take the risk.

To solve the risks in trading make an investment in crypto currencies and make some experience after that who West much more amount that you want in this crypto currency field .

I think the key to trading is sure, be patient and patient, because if you do not have it all, if something happens to you it will be easy to give up, let alone trading crypto like this is risky, so you have to be mentally ready.

Face it confidently, in short to do that you need to earn different thing that can help to enhance your skills. Learn many things that support yourself and avoid only risking to gain nothing

Trading job need to have an brave heart and accept the fear of risk in the trading job and of course need to focus your job to avoid loses alao continue study about the flow chart analysis which coins ahave an potential to grow in the marketcap.

Trading is not a job because it is one kind of business you should spend your money then work hard it will make profit. Flow chart is not useful this case only historical chart is identify the right program. If you learn in enough knowledge this platform you will survive in long term.

First of all you need to study the basics of trading before takijg any risk and also you need to invest the money which is affordable for you and then slowly aim to make profits.And also you need to have some backup plan if you face losses in trading this is how we need to take risk in trading.

Have to be prepared that not all of  your trades will be profitable and there will be losing ones as market not always behaves as predicted.
The aim is to have more profitable ones. The risk of losing trades cannot be reduced to zero, but it can be minimised by using stop loss.
Also, after market analysis  you have to determine profit targets and stick to them.

This is good suggestion I think we should learn about the everything that happens with crypto currency, taking rise is first step to start any business and it should be our only way of making good income, if you will not face risks and difficulties you will not be able to earn good money, as we know that no pain no gain., being a good trader you should have the guts to take risk and turn it into good opportunity for yourself using your wise thinking and trading skills.

Actually, getting rid of your emotions is the last part in trading, because you will need to learn and practice before you can even eliminate that emotion completely. As long as you do not have the knowledge, the experience from long term practice to formulate a good strategy for yourself, and a huge level of confidence from the first two that I have mentioned, then there is no way you will never get emotional due to the nature of the market which brings about the risk, but with you taking your time to put all these three together, emotion will not even be a worry, because it won't be there.

LOL trading is a fulltime "job" for the day traders. People make money off the market for a living. Though many people are actually doing it as a side earning.

The only backup plan for trading is being in loss and crying over it.  ;D The people who trade without having a contingency plan are going to lose big time once a while. It is important not to invest more than what you can lose and trading does carry a risk. Still if you are in loss then you might want to rethink your original decisions.

learning about candle analysis is very important to reduce the risk of loss. you will know when the price will go up and down it is very important. and also read a lot about news related to bitcoin or altcoin is very important because it can also affect the price. maybe that's my trick in trading

If you go for long-term investment then it is less risky and there is possibility that you can make some profit in the long run. Day trading is very risky, average traders should avoid it.

how to take risks in trading by increasing our capital, after we increase our capital a lot we have to buy a declining coin, lest we trade loss.

Trading is an efficient and smooth way of earning and one can easily make money here if he works efficiently. There will be no risks in front and no problems are ahead if you are working properly under the light of market rules so it mainly depends upon you. The current market is the opportunity to buy Bitcoins here on low price so buy now and get profit from it by using the market rules.

TA is great. Take profits. Set a price you're happy to sell at. Don't get greedy. And there are days you'll get stuck in a bad trade, it happens. Seasonal highs and lows are a real thing as well.

If you see this as a risk than don't risk trading. I mean you don't have to, its not a must thing to do. If you can earn bitcoins and save them up. Learn a subject that can be helpful as a side income and take payments as bitcoins.

That way you can keep earning bitcoin and put it aside without spending a single dollar on it. I think if you are not rich enough to not care about the money you invest (if you are a millionare you won't care about couple thousand for example) than there is no need to risk putting your living income on the line.

yes the risk of trading is a clear loss, but the anticipation of various ways, and different, and whose name losses are sometimes difficult, if in bitcoin may be my own as long as the price goes down so as not to lose enough money I survive.

If you want to reduce the risk in trading only way is to learn all from the other trading. Learn how to analyze the market, coin, chart, ... do not rush to follow the project carefully. Finally a little luck to succeed

the risk will always be there but you can minimize it, a trader usually uses technical analysis and fundamental analysis, I think this job that is risky any reliable trader may not suggest you make this as the main job.
it takes patience not every day you can benefit,

Trading without risk doesn't exist. No matter to all analisys and predictions you might follow and no matter how conservative investor you are, risk will always be there. You can't fully avoid the possibility of loss but still you can reduce it to minimum.
So always take care how much you invest, don't cross the sum you can't afford to lose. Watch the movements on the market, use multiple exchanges and no matter what is happening keep the cool head and use minimum emotions. And if you lose don't try to recover loss as soon as possible, the possibility to make another fatal mistake is too big.

Trading is very simple just buy and sell your crypto currency but making money is the task. :o

Yes being trader is risky when it comes to crypto field because the market is too volatile and keep earning is really risk.But it is not impossible so you need to learn the basic and start trading with very less capital and remember that never invest more money than you can afford to lose.

In order to mitigate risk, one must use stop losses and plan trades. Also, avoid trading in unstable market conditions.

Risk is always depending on how much capital you invest in order to obtain the coin you are interested but always remember that you can earn a huge amount of profit depending on the risk you are taking.

Opti gonna open around $6 or $7 on C2CX

First, you need to have an enough idea about the basics of trading. You can't earn fast here without having enough knowledge about it. There are helpful tools for you to learn. Also, you must know when to buy and when to sell. Buy during the dip and sell when the prices are high.

Every business has been risk . If you want to be change your life , you need risk. Trade has some risk but if you practice hard work, you can learn a lot of about trading then I hope you will be get success.

It means you are saying to invest in some different crypto for making good money out of your income. That is right too. If you have got big money that can be invested in more than one coin, then what is better than this? Go for it, but do chose best of the coins in market as right now scams are just wondering here and there and don’t be get sucked. Learn first and then chose.

I found for myself interesting concepts, every time I am about to invest I consider that money is already spent, and then if I lose them it would be easier for me to stand that.

When you go in trading, accept already the fact that your always facing the risks and your money will be lose anytime because we don't know if we will win or lose.

I think there's no sites on it or if they do, they were asking for a price before you know it because doing it, you must learn it through to yourself. Experience will going to teach you all of those TA and FA and with the help of your friend who or anyone who do tradings too. If you can pay for that price i think you can find it anywhere here, but you have to ask them first.

There will always be the risks in trading and we cannot avoid that so all you have to do is try to make trading the amount of money you can afford to lose and keep your emotions to handle the situations, don't be panic.

We are trader only possible to minimize the risk by use stop loss in every trade and lock some profit when the price on the way going up. Others risk management is buy minimum 2 different coin and also you should be have monthly target profit, and never greedy in trading because this is enemy of trader that will make big loss.

unfortunately in the crypto market there is no hedging feature. if this feature is there will certainly be very helpful in conducting risk management. especially in the market conditions are down, certainly can minimize the risk without having a cut loss.

Risk is really everywhere because the moment you enter in this market that's already a risk, don't focus on the risk keep focusing on your goal to learn more about this market and of course to have some profit. Be a risk taker, don't miss this opportunity of having more source of income in the future

Emotions must not be used in trading, you should forget about that. trading is very risky, we cannot make the risk to be gone we can only minimize it by trading with supported study, meaning know how to trade well this can help you to minimize your losses and make more money for you.

Risk is always be there, it could be help for us to not in focus of thinking of losing, instead we always be on positive. Though we have only 2 chances in trading are either losing or winning, that's we should have enough knowledge and wide acceptance of changes in market trend for us to sustain from crisis.

Thank you all guys.
I Wil now lock this topic.