Bitcoin Forum

You are responsible for your own trade, someone introduced us to Bitcoin trading. He/she will not be responsible for the mistake you have made. While trading a huge sum of money, to earn 1000× of your funds, in two weeks. Found a tweet, “About a dude telling a cryptocurrency Twitter influencer, how he got influenced wrongly. He traded 10BTC and lost all". This could be clout, but serves as a good information. So many cryptocurrency Newbies invest in the first assets that feel okay, without doing their own research.

Pay attention; If you have plenty BTC like the dude above. It's certainly well, you know how to trade, close to what the dude thought. For this reason, holding is the best option. No way 10BTC will be lost (when Holding), allow yourself to “waste" time exploring. Although he learnt his lessons. Such mistakes should not be welcomed.

We have to keep in mind what we can do to improve not only our own lot but that of those around us. Share your Opinion.

Don't jump into a pond, immediately after you see it because we never know how deeps is that that is what OP is trying to say.

Well, people who have money and wanted to multiply then into more in short time may find crypto is a real opportunity but they don't understand the risk behind trading cryptos so they lose more.

But isn't that too obvious to post tho? I mean every one has got their thing to lose, and that includes every thing they have got. It's pretty obvious tho that you can't put a risk on something you can't afford to lose, although sometimes there are instances but that's out of trading anymore.

I agree, I have done it once I almost tripled my money in just a day because of a single trade  ;D but the risk is too high for that I'll never do it again I swear. Crypto is for every one but trading? Uh oh no it's not.

People come to the crypto market for a quick profit. But it does take them a while to realize that they are wrong. As long as they do not lose their funds, they do not understand. You need must have knowledge of trading before trading. And you have to need an idea of ​​how much risk there is in the market. You should not trade under the influence of anyone.

During the downtrend of the cryptocurrency I went ahead to trade some altcoins on livecoin and I almost lost all my investment (trade) on the platform. XLM was my chosen altcoins but was stock with the market, my first trade went through and was able to make some decent gains, until my second trade. This time I wen for higher gains and lost half of my trade money and I went for another till my issue get complicated with fake volumes from the said cryptocurrency exchange. Lesson I learnt, 'trade what you can risk to loose as in gambling, so also, in trade.'

Of course people should have to understand first how trading is risky especially if they don't have a single knowledge about it. It's just like walking in the dark without a single light. Anyone who wants to try trading should have a better understanding about the theory of what they are going to trade either stocks or cryptocurrency. It may not that easy but those who succeeded did their own research and learn their own lessons before they reach where they are right now.

The difference of a certain person who do have lots of btc and to those who do have only have few is that they do really differ in terms of views into things.Lots of btc will really make us some sort of being careless since we do know that we do have lots of money/btc but for those who only have few btc or just some sort of exact funds to invest on will really be more careful.This isnt always the case because
even on average investors do still commit mistakes on first time on engaging to thing specially if they do saw easy money or other traders big profits on trading and easily believed that they can make
out the same outcome if they do try to trade on their own but we do all know that this isnt the case.

Yes investment should flow with the expectation of profit. Therefore small investment is less risky and lower in profit likewise, the big investment is coming with high profit and with its own large risk too.

The example given is a LOL for me.

How come a person owning a BTC10 doesn't have the knowledge to manage properly their holdings and just rely on those influencers to trade. OP, do you mean that guy just dive into something just because of simple words of that influencer? The fact that guy owned that kind of amount, I don't believe that action will be done without proper and deep research. So I think that guy on the example lost his BTC10 on his own.

I know everybody wrecked on trading even how professional they are but a trader that already owned that kind of amount should already know how to play with the market and not relying on fake influencers.

Trading blindly without knowledge is like gambling, so why trade without knowledge while you can gamble with a same amount of risk? If you are in trading maximize the knowledge considering that the knowledge is your leverage there because, the more you know the more the risk is going to get low. Trade what you can risk only if you are just new to it, but afterwards you will enjoy it considering that the longer the experience you are having the more the knowledge you are acquiring.

Only this thinking is enough to lose the capital. Mainly newbie in crypto belive that crypto means a quick profit or would become reach in overnight. This is totally wrong thinking of newbie. Actually all we thought like this when we were newbies. I thought also like this.  :)

When we will change our thinking about crypto as a gamble than we will succeed in the crypto investment and The popularity of crypto will increase more. Even all countries will think of crypto as positive.

I am shocked to read about "He traded 10 btc and lost all."

How can he risk all of 10 btc? Did he is not learning anything about crypto trading? Geez, 10 btc is a lot of money for me, and if I were that guy, I wouldn't use all of the bitcoin. I will use 1-2 bitcoin only, and that will be enough for me. Even if I lose, with that 1-2 bitcoin, I am sure that I can make a profit and recover the lost.

But yes, we are responsible for our money, and we don't need to risk all of the money because of big profit. That is a fatal mistake that he made it, and that is a lesson for us to avoid the same thing.

to lose it all is not true. It will never happen in trading that you can lost all your money invested even how shit the coins you have invested there are still amount to be left.




You can lost even you have experience in trading it is possible to happen for all not only newbie.

Having 10 btc capital is not noobs move.

so whats the purpose of this thread?you did not even share the tweet about that person you are mentioning  but continues to discuss ?

and who is stupid to expect 1000x profit?

sorry but people here now is not like what you think and looking for that high Income is a suicide lol.

He relied on the influencers tweets, how to trade, what to trade and when to trade. According to the victim, he said it is all his savings, and the wife is also aware. He cannot look the wife in the face. Like I said, he was nervous and wanted quick Money, and got mislead, from what the influencer had told him. My purpose for the thread, is, the influencer felt for him, but I mean, he shouldn't be responsible for the mistake of that dude. It's not the Influencers fault.

That’s very much common and something we need to take lessons from. If we want to be successful then we must cut down our risk since that is simply the only way we are moving anywhere to reach towards success.

It's just so stupid to trade right away without learning here in crypto, I mean experience is very important, 10 btc is a huge of money now and more so in the future. We should know the risk, that's the first thing, some traders only know the reward and just later after they made the mistake they realize the risk. There are dumb traders out their and one of that is the example you put in the OP.

It's just an example tho, there is no way you would invest on 10 BTC if you need the money. It doesn't matter about the number as long as you are going to hold it, that's a conclusion that I got by reading the OP's post.

I'm pretty sure the OP is just giving an example to describe what the title is, so why people are getting butthurt right now lol

Most people get rekt because they lack the proper knowledge and fundamentals to start trading cryptocurrencies they skip all the stuff like TA, indicators and proper entry and stop loss. They just underestimate it, thinking it's easy to learn and they could make quick money in no time.

Its really a gamble since you dont know on what you are doing then its just like playing dice and just waiting for the result.If your lucky then
you might able to profit when the market movement goes into your favor but if not then thats an easy lose.Its totally different when you do
know on what you are doing and of course you should be prepare or ready to lose money because on any investment it do correspond or having
a risk.

I am sure he is regret to see all of his money gone in trading, and he will think about how he can get back the money. That is not advisable to try if you don't know anything about trading, any trading type, because you will get the same story as him. I prefer to hold that coin than to trade if I don't have skills or don't know about trading because that will be safe for me. At least, I can hope that bitcoin prices can increase in the future.

He lose about 10BTC that a lot of money. He totally regret it at the end and I feel very bad for him if this is true. I think now after he lose this money he feel bad for himself. In my begging of trading is hard and if you have a plenty of money in your wallet it will drag down in the market if you only a few experience in trading. The excitement we feel while we're in the situation of making order. Now, I'm learned from my mistakes. I always manage my portfolio and always set the amount that I afford to lose.

Definitely, i overlooked the reply, because this thread is forwarded to everybody in this forum. Some of our guests maybe close to making such move on trading. On the other hand, nobody is perfect in trading Cryptocurrency. I am not saying that all the users of this forums. don't know how to trade. Rather, i'm reminding people to be careful, concerning what is to be traded. Don't risk all, whether a pro or newbie.

This is probably advice for beginners, never invest based on anyone's advice.
Yes, our money and we need to be responsible for it.
All advice is for reference only, you can rely on it to research and make your decisions.

It's true, it's the basic rule to obey don't invest more that you can afford ro lose.
However, it's not only beginners that make such mistakes and often don't respect their limits. Sometimes trading can also be addicting and you can easily forget yourself thinking that with next buy you will profit and cover all losses. Selfcontrol and responsibility are very important.

Especially dangerous for those who are trading on Futures or Perpetual swap markets. Becareful with your funds!

Most of the people today are make an investment to the trading that they are not fully prepared and that was not good because it can cause you towards to lose your assets let's say you won a single day but not all the time you win the game still you need to make a realization about the things you made wrong also don't risk your self about getting more wage in trading because it takes a lot of time and proper mindset when is the right time to make good trading also you must need to have a lot of understanding about the market graph of the coin most of the time the market movement gives you a lot of hints what are the next move of the graph to make more good decisions.

Very sad, i think you shared about your own mistakes i mean most provably you invested 10 BTC to followed by someone's recommendation than lost money. It’s big mistake why invest in trade such big amount and even though unaffordable. Definitely this is your responsibility, because end of the day it’s your own assets. For starters, there are many things to learn from this advice i think.                      

There is also a proverb to this effect where I come from and it's loosely translated as - Don't test the depth of a river with both feet.

However, I like to point out from the OP that the story may not be chasing the clout. It could be a true life happening. There are certain people like that who are dare devil risk takers. They risk everything without putting something up by the side in case something goes wrong. They think life is in a straight jacket. But life isn't. UPs and DOWNs happen.

Investing on the advice of others is a mistake that new people in the cryptocurrency market often make. The majority of people come to the cryptocurrency market for the purpose of speculating to make a profit and they usually have very little knowledge about this market.
Everyone needs to remember that the most important lesson is to make investment decisions based on their own research.

You may be right but even traders who are higly experienced as trading is concern also make debt and what i believe as the most vitals part of crypto trading/investment are not been greedy and  knowing how to select the right coin once that is done the next thing require is holding even when the coin experience dump price till it bullish again.

That supposed to be. The mindset of the people is to earn but they forget about losing. Well, that is the part of our crypto life, losing and gaining.
Before we have this investment, it is more likely we don't have enough knowledge about this thing that is why we keep learning and searching in order to fully understand the situation. If we are not ready for the consequences that might await us in the future, we better not to try this coz for sure you'll be disappointed.

If you are trading futures there is nothing called safe. Futures and Options is a gambling market. It is literally trying your luck on whether the coin is going up or down in future and the stakes are pretty high here. Spot trading volume is much lower than what margin, futures have in volume. This shows that people have the money to put in these but the risk is also high.

Of course one should not trade what they cannot risk to lose, but when the thought of putting in 100$ to make 10k$ you would not stop putting in something from your savings. You have to decide what to do there.

This has to be like number one thing that is available to every single trader, they should first check if they have double the amount of money saved somewhere aside before they can put in some money, if you want to deal with bitcoin trading and put in 1000 dollars into it, you first need to know if you have 2000 dollars saved aside that you haven't used in months, if you haven't used that 2000 dollars in months and haven't touched it at all, you can spend the extra 1000 dollars on bitcoin trading.

There was a dude who got a loan of 150k during 2017 peak because he didn't want to miss it, 150k, during 2017, that dude is still paying for that mistake. Obviously he was someone who made enough money to pay it all back even without selling anything since he was able to get that loan but that type of moves are definitely idiotic and should not be an option in your mind.

I absolutely agree with trading through minimum risk. I usually prefer to invest 5-10% of my monthly income and play it safe. I work with FreshForex, where I get great advantage through low spreads, high leverage and many other benefits. I love it with their 101% Tradable Deposit Bonus (https://freshforex.com/traders/promotion/tradable-forex-bonus.html) to help me reduce the risk.

It is the mindset why there are people who lose huge amount of money in trading. There are traders who only have a mindset of winning and not a mindset of losing and when they experienced losses, they cannot handle the stress that makes them to stop investing or trading. We should have different expectations before we trade in order for us to handle different situation especially if experience losses.

That guy who hastily trade 10 btc and lose? That's his lesson to learned. When someone introduced me to this kind of field---trading, he also introduced the "risks" associated with it. It is not guaranteed that we will gonna win this battle because of our enemy- the volatile market. But I am always reminding myself not to trade amount that I wasn't be able to afford to lose. That really is effective.
 
 We should always have a risk management plan in trading. And those who are losing much, reflect with past wrong trading actions and try again. Remember to take profits when you won and disregard greediness. That will lead us to be a good trader. We rely in our own actions nd decisions.

Re: Don't trade what you can't risk losing, this old investment advise still holds true to this day and also applies to crypto in general as well.

Today there are a lot of people pushing their selves to gain more profit into the world of cryptocurrency trading or even in fiat, and they are continuously going deeply into trading and losing their funds even it so huge already, and this is not a good habit guys always monitor if you win your not and also set limits on your self on trading, not all the time you get a profit on making market price prediction some of the people got it correctly and becomes a millionaire but still it is full of risk you cannot assure if you will get an income or not. Also, if you lose on your trading evaluate your self what the mistake you made and learn all about those wrong are decisions.

That's right so long as you do your own research and make decisions based on your own market speculations if things go wrong there's no one to blame other than yourself.
That's good because then I wouldn't have it any other way, its better to make mistakes based on my own errors as this then allows for improvement and since I'm the one trading it also means that I'm the one constant too, making things slightly easier to work out whenever I encounter loss.

Not sure about that which loses all bitcoin you have, because when you lose all your funds or capital then at least you have chosen coins from the wrong project, because it is not possible if you only trade bitcoin with usd or with other currency pairs that can traded with bitcoin will lose everything without any left, as bad as you can in trading at least you will still get a return at the end even if the results lose but it will not lose everything because this is trading not gambling.

People do not really care about their future as much as they think, they do huge investments and risk all their money because they believe if they can get it right just once they could actually make a lot of money and then their future will be pure bliss but what they are forgetting is the fact that if they risk all their money and end up losing, they are going to live a horrible future (at least until they recover).

Buying bitcoin with credit card is one of the examples of this, in USA you can do that with coinbase, buy bitcoin with credit card and if you do not have money in your card and go to debt because of it, there is really no point on continuing such a thing because you are getting money from one pocket and removing from the other one which doesn't make sense.

This is common sense and yet so many people do not seem to get it, they get introduced to bitcoin and if they happen to lose their money then they blame the person that introduced bitcoin to them when it is clear they are the only ones responsible for their problems, after all as you say if you buy 10 BTC even if the price of bitcoin goes down you will still have 10 BTC, the only way to lose that bitcoin is by investing in altcoins that have no future and keep holding until the coins crash all the way to zero, and bitcoin is not at fault when that happens.

It's like being a happy go lucky person that doesn't think about the future and the possibilities that they can get after they trade/invest amounts that they can't possibly lose.

In your given scenario that being all-in in investment is a very cruel move especially if you don't literally have plans and sooner or later can possibly make your life worst because of the debt you have. This kind of scenario defeats the purpose of investing because you suffer from the investment you did and not acquiring a good life with the possible profit you can get.

If we want to succeed in trading, always follow the basic rules in trading. One of them uses capital that we can afford to lose.
Very true if you can't risk loosing better don't trade. Just hold all the capital you have, so the risk becomes very small. Even
though we know that trading can produce 1000x, but the risk is huge. Trading only for people who are ready to face risks,
such as professional traders who already understand the risks when trading.

I agree, even people who have experienced in trading have also lose some amount of money even they do it a lot of time so it's not a hundred percent guarantee that you can totally win it a lot. They should master a lot of strategy and analyzing a lot of charts before they will place their order. Newbies should know the higher risk if they trade a higher amount of money. I suggested that start with small amount to become not emotional in handling the money throughout the process of self-development and making right orders in trading.

Of course this is the first rules for trading "Don't trade what you can't risk loosing". And many people in this thread learn from their mistakes. Specially those people whom knew crypto currency before 2018. I agree also that holding is much safer than trading. Holding bitcoin is totally safe but if you try to hold altcoin then you have to think twice which altcoin are you holding. Choosing wrong alt is very dangerous for hold. 10 BTC at this moment really valuable. I will recommendation to new traders that "calculate the amount of water before you jump in to the pond".

People with high risk tolerance aren't limited to only those professional or experienced traders. There are those beginners who are totally aware of what worst might come ahead while learning the ropes of trading. Of course, lossing some is considered as "automatic" when you're on the basic course of trading, only you're lucky if you don't lose too much, because there are those who are talented enough to analyze the market movements, signals and TA's during the early stage of their trading careers.
However, holding is simply easier than day/short trading.

But there are some newbie mindset that can be called as suicide mindset because they are not expecting any losses and onky profits. For those new in the markets, do not trade what you cannot lose. If you have savings, do not all in it in trading because there is a high risks that can lead you to huge losses. We should just put money that we can afford to lose.

People who are not confident about the trading better they need to stay away from the trading because trading loss cannot be estimated. We should always analyze the situation of the market before placing an order, it is not an easy job to survive, but there is a huge chance for us to lose too much amount of the money.

Trading is risky if you are not sure of what you are doing. But if you trade with much preparation, gained a lot of knowledge from different experiences, it will surely lessen the risk in trading. As long as you trade only with the amount you can afford to lose, then there's no wrong with it. Trading is not making profits all the time, sometimes it will also make you lose.

Let's research at the middle and say that trading is definitely for professionals who know what they are doing but there could be some newbies out there who are future professionals, not every experienced trader starts as an experienced one, they do have times when they are not experienced and professional, think about the early days of their trading life when they were inexperienced and not professionals, well there are those people in crypto as well, people who are newbies but have what it takes to be a crypto trader in the future and be great at it, they are just taking their first steps and maybe they will make mistakes but eventually they will definitely get better and better.

If you're trading, don't trust too much  in social media. I've seen plenty of posts already in Twitter from random people about their thoughts in BTC plummeting at a certain price. It is just merely speculation and don't get caught with it because surely/nearly 100% you're just gonna lose due to FOMO which is pretty common in this market.
@OP
Is that a news from a twitter post you quoted or it is just a random guy's tweet?

I can't deny the fact that the entire cryptocurrency sector isn't secure from hacks to crypto volatility. We've witnessed the hack of various exchanes leading lost of millions of assets, due to that lots of exchanges haves seize operation as they can't refund the asset catted away and another security problem is the volatility of cryptocurrency market.
 The 2017  price fall validates the fact that crypto assets can loose more than half of there value overnight, so just imagine someone entering into this space with his/her lifesaving

this is weird, someone who has 10 btc is that stupid? and anyways it's impossible if you lose all your money from btc trading. btc is not zero and will not be shitcoin.

I've heard a lot about how someone loses money from trading, but this is the strangest thing.

Same thoughts in mind on which a man that do have 10 btc arent aware into his surroundings.For sure he would really have that even basic idea on how thing works and not just simply shoot all that 10BTC and lost it all.
If that 10btc been transferred to that fund manager and the one who traded up then it do only have two things which that dude honestly lost it all in trade or just simply make those coins directly goes to his own wallet. ;D
Everything should really be learned up even the basics on this crypto space because it will really cost you some coins if you do even the slightest mistake.

Even you have a lot of money and even you can afford to lose it but I'm not thinking that you can just give throw it away.
Even you have that thinking but it for sure you don't let that thing will happen to you and I know you will have to work and to save some rather than letting it off it from your hands. That is we have to understand that people have come into trading are risk-takers but most of them are not and they are not willing to lose.

Trading are for the risks takers after all, before we out money in trading we should be aware that there is no easy money here. Easy money mindset is the reason why there are newbies who experience huge money and regretted their decisions. For those who want to invest just make sure that the money that you will put is okay for you to lose. Being a risk taker is prepared not only to win but also to experience losses.

Although I'm in support of the common trading phrase "don't invest more than you're willing to lose" but in as much as you follow that guideline, you should also understand that our mindset as traders is one of the important decided of the outcome of our trades. As a trader you shouldn't develop the mindset of been comfortable with losing since you feel it won't affect you based on your following of the guideline of trading with only with funds you'll be ok losing.

Although as a trader, you have to understand that losing is a part of the process of winning since it comes with its lesson but don't let it get into your head that when you do lose it doesn't bother you to improve on yourself and get better chances of winning on your next trade.

I totally agree with you as many newbies are blaming someone because they lost their hard earned money in trading or investing without thinking that they are the one who lost it. Knowing someone who became millionaire in trading in just a short period of time didn't mean that we can do it also as we don't know what that person has gone through in order to obtain that success. But all of his achievement is not impossible for us to obtain if we strictly follow the fundamentals of trading and we will become wise especially in decision making.

Therefore if you want to trade or invest, use only the money that will not hurt you if you are going to lost it and make sure that you will not jump to trading without learning the basics first.

I think this particular trader who lost 10 btc in trading seems a newbie. Its a huge amount so if you're not newbie you will value it because btc itself is a good coin and already enough to hold.

On the other side its in a rule to only use the money you can afford to lose and we should not blame the person who introduce crypto trading to us. If we made a mistake we are the one who did it thats why its best to dont rush things to become a trader, take time to learn because its a must.

Trading is also a great way to earn, but believe me there are so many people around that also loss on it.That is why we need to be more practical on trading because not all the time we can gain a profit on it. Even the most experienced trader will also loss on it so if you dont wanted to loss or gain in a risky way you must find another option because trading is really risky.

That stupid dude that listen to social media how to earn big is a great example how Greed people never succeed here in crypto.
we use to wait or even take small profit sometime just to keep safer while newly entered are just wasting their money listening to people they dont even know?that is craziness mate.
actually there is more losers than profiting in trading so be aware of that and try not to enter if you have no Big knowledge .

I have heard and read those stories a lot of times and I always wonder what would be making people to be such dumb or is it that they are aware that trading carries risk?

I just don’t get it. Even when I was a newbie I knew all that, and I also made my research to understand cryptocurrency trading. And even if I’m not aware of all that, I still wouldn’t trade all the money I have, you don’t need anyone to tell you about this. If I had that 10 BTC, part of it would be used for Hodl, and that would up to 90 percent of it, while I use just 1 BTC for trading, and I won’t even trade the 1 BTC at a time, will just be trading a little bit of it.

This is the basic rule in trading and in gambling, do not put all your eggs in one basket, because it might be the reason that you may lose all your money, and also it is not bad to take risk but in a strategic way. There is no 100% chance in winning this too, all you need to do is to have a good plan in everything, and also have patience it is one the good thing you must have in this crypto world.

I remember one of the advertisement in the youtube lol, I don't wanna name the brand but the advertisement is BS that is only ignorant of crypto related stuffs are going to jump in. Imagine they are saying that you could earn a thousands of bucks in just a minute of trading with precise timing haha. Most of the time, people tend to watch videos on the internet to avoid getting lose which I know the right thing to do before trading but what I am doing for quite some time now is that I do push every thing so I could easily quit if I lose.


I guess the weight is just the same, some loses and others are winning. Trading isn't just about the risk taking, it is valuing what you have in hope for adding it.

Seriously anyone who has enough money to trade with 10 bitcoin would be smart enough to know not to get influenced badly. Perfectly honestly I do not really believe that anyone who has enough money to buy 10 bitcoins would be also stupid enough to make a bad trade like this, they are probably lying if you ask me.

If I had 10 bitcoin I would probably do a lot more smarter than this guy claims, I would probably divide them into a lot of different stuff and diversify them to many other stuff. That way I could still have like 4-5 bitcoin but at the same time I would probably have something like ethereum and other stuff as well so that I could have a huge portfolio and whenever something goes down at least the other ones would go up and I would be a bit more safer.

So basically trading and holding are risky, no one will really be safe if it is related to money because the risk will always be there but when someone has the skills and knowledge, then at least that can reduce or avoid risk and we should be prepared for all the worst possibilities because by having this awareness we will continue to do our best to achieve a success.

Sure, anyone that is trading is trading for his or herself, whatever you get has nothing to do with any other person.
I see people who trade and lose their money and then try to blame it on cryptocurrencies or exchanges because they lost.
Someone once said that exchanges are scammers and that traders are fools who are not yet aware of it lol.

Some of them jump into trading out of greediness, they want to make money quick, and they forget that it’s not as easy as they think it is. I also see people that make complaints like these when I was into options trading. Irresponsible people are everywhere and they will just blame others for their own mistakes so it would be always better not to trade what we cannot afford to lose.

You are right in saying that trade will depend entirely on ourselves If you do not know about trade then it is better not to trade There is a high risk There is nothing to blame here Before trading, we must first know about trade and analyze different places. However the best way to avoid risk is to trade trading charts well There is a risk if you hurry and get more greedy.

I agree, Trading is risky not only trading but buying wrong altcoins can lose huge amount of money as well. That's its important that we also learn something about trading and investing to minimize risks.

Don't trade what you can't risk loosing! Do you people know what that means actually? It means that sometimes (many times) you will have to risk entire amount if you wish to take decent profit! If you are not ready for that, if you are not brave to do that, I'm afraid you will have more loses! And the good trades will not be profitable enough to cover your loses.
You need to risk in what you believe in, of course before you believe in your trade do your homework, and when time comes be ready to believe and risk more!

It was sorry if that person losses everything he holds.
That was crazy to think that a person risks his 10BTC in trading without knowing anything about it. And I believe even experts never do this.
I don't know if people like this think about losses or they are just thinking that crypto trading will be easy for them. Maybe having an experience of losing his 10BTC will give him an opportunity to learn and probably change his mind.

Even if we trade with what we risk, we still trade at a loss and even without spirit. I used to go through it with a small amount of capital, but I hate the feeling of losing and market manipulation annoying me. The house always wins and I believe in that. Best of all, to win this market, you should have a team to accompany. They will point out the flaws in your trading psychology to make you better and identify more of the house's weaknesses. There is no knowledge that will save us when we are just a lone wolf.

Many traders are fools they only say that they are managing risks but in reality they wont , risk takers follow there systems with discipline other traders are fools who do not see risk side of trades and F**k there money 

People just want to get out of this risky situation we are all in where just one time of missing payment could cripple our economy all together. Right now, thankfully I am still working but if I get fired today, I will not be able to find a job because of corona as well, which means I am going to be starving for the next 3-4 months at best, I will probably make a debt and put it all on my credit card and going to have trouble, but even with that when I finally find a job after corona I will have to work to pay these months debts first, and by that time I will be in deep trouble again if I get fired. People are trying to get away from that, take their own freedom and that causes them to make silly moves like putting money they can't afford to lose to bitcoin.

Experienced traders knows how to manage as time already enhanced both their skills and understanding they are capable in choosing when to risk their money and when to back out. Trading depends as always with the knowledge that you've got from the industry, the more you understand the the more you take bigger risk. Anticipation and speculations both depends from how you already experienced previous waves and how you choose to take the ride.

I agree that experience must be playing vital role in deciding the outcome of crypto trading. Because, I'm seeing a lot of newbie traders are sharing about their losses in crypto trading whereas experienced traders are simply manipulating the entire crypto market on their own directions.

At the same time we cannot ignore the fact that all the traders are newbie when they start with. It means when we are not having sufficient experience in handling different fluctuations of market, it will be highly recommended to risk only very low capital. This way we can gain experience and start accumulating profits in slow mode but in progressive way as well.

Pathetic, how people will feel in such a horrible situation. I understand the aspect, why people may be forced to risk all (All in). It could be that they lost their job, or like you said, being in debt for months. It's a bad time to lose a job. Just like me in the e-commerce niche, nothing moves now. Every work I did from 2018 to 2020 has been bridged because of the pandemic. How I'm surviving is through some local reselling of goods, that provides little income. I can pay for light and internet bills. But I believe that if I can endure the bad times, I will see the good time. Things are rough expecially in the third world countries, although we are lucky the pandemic didn't hit us hard like the first world countries. For sure brother, you won't get fired. With time 2020 will be a better year for us and for Bitcoin.

Nothing starts to be pro and we do really start from scratch and losing is an inevitable thing that all traders would experience.The mistake on here is that most noobs do directly use huge amounts of money
when they are just starting up, in result they've been burned and some of them turn their back and some do withstand such challenge and proceed to go further and learn even more.
Risk is always present because if theres no risk then theres no profit that we can make.This is why experience and skills would be crucial because we know that dealing with volatile
market is never been easy but somehow can really be handled out when you've gain enough info and exp on how thing goes.

To handle volatility of market better, we must need to experience similar situation at least once so that we will not get panic on facing unexpected market movements. Yes, this is what all about experience in trading and when you're gaining experience you can sharpen your skills required for better trading at the same time regardless of how good you are when learning from books. I mean everyone must have to struggle with unexpected market fluctuations at least once so that they can make use of those experience for their rest of life in trading.

Not easy only when we are new to market fluctuations and I believe that all the professional traders must be loving fluctuating market conditions so that they can make more profits out of every swing.

First of all we have own decision so what ever you choose it's our fault if we do mistake let say they have friend who introduce the crypto and he is not responsible for any damage or losing you experinced. Don't blame others because it's depends to a person if they do or they ignore. People want to share the opportunity they have so be thankful to them and be responsible for the money you use .

You are right, cryptocurrency buying is risky too, whether these are right or wrong investment, although both aren’t same thing. Coins will gradually lose if market will go decline. Without learning there no way to make profit from trading/coins investment. It’s can not be control who will treated it’s a gambling, experienced traders will made small/decent profit.                        

I totally agree with you as the whole cryptocurrency market is associated with great risk. Many people who have little knowledge about the concept of cryptocurrency and blockchain have attributed the entire cryptocurrency market to some sort of gambling investment option due those risk. Most of the times, it seems the outside world do conceived the cryptocurrency market wrongly by assuming it to be some sort of place where you can easily make X1000 of your investment without any risk and when they burn out, they start calling the market sort of names forgetting to take responsibility for their actions.

Yes, there's always a big possibility if you will not take it seriously you will lose a lot of money. Trading is also about learning and self-control on your daily trade transaction and orders. We should be careful in making orders and I recommend making a list all of every trade movements so that we can know what are the process of our trades. It's helps us to determine our losses and gained.
In what OP said, this guy and not only this guy should learn about his mistake but also for us not to trust people especially in dealing our own money.

In business you should always do business with confidence in yourself Trusting in other people is actually very harmful They are often misinformed There is a risk involved in doing business be aware of the risks and move forward. The best way to make money easily from trading is to analyze trading charts well.

Yes, trading is all about being perfect in all possible activities. Trading is not just about learning and self-control alone because it is also about how much that you are ready to take risk because you cannot expect market to react on your favor all the times. Learning and being disinclined may remain good only up to some level until market is turning into unexpected movements.

But when some unexpected news happens then unexpected spikes may occur in markets then you may need to face unexpected losses. When you are not ready about risking like this then your knowledge and being discipline will not help to sustain in that same markets so that you will get chances to recover your losses. I mean risk management is very essential and this is what about that OP is trying to enlighten us.

You should be pretty aware of that as in business it's all about strategy and your ability to manage the risk, and also you need to ensure that you can afford what you risk as in business or investing success is never guaranteed.

The best way for traders to make money but it does not also mean easy money or guaranteed profit as it all depends on your capability as a trader.
Some trader succeed, while some failed.

Very few people actually follow that advice because as we know you need a significant amount of money as your starting capital because even if you are the best trader in the world if your capital is too small you will never make significant profits, so most people find themselves compelled to invest money in the market they cannot afford to lose thinking that making profits in the markets is going to be somewhat easy when we know that is not true at all.

I think that is the critical point that many traders lose a lot before making money. Why don't we start with small amounts of money to test our trading methods?
I know that with a small amount of capital, we will be discouraged in trading, because of the time we spend a lot but the return is very small. But it is a very necessary time to practice the patience and discipline of a successful trader in the future. Those who can patiently spend a lot of time on this will surely make a lot of money in the future.

People are getting quiet on this advice in cryptocurrency cause the greedier you are in good crypto project the higher the reward/profit. The greater challenging thing is the time to take profit, patience is require in cryptocurrency. It is a not get-in and get-out investment, similar to stocks but have higher security. Every successful man had the gut for risk and we just need to learn to take risk with enough information

When traders turn greedy or in rush to recover their previous losses, they will not be listening to the suggestions to trade small amount of money and also not think about testing their trading methods.

Instead of facing losses without testing trading strategies, I believe it would be much better when we are making small profits out of small capital. Emotion control must be more important for everyone to become successful trader but unfortunately I'm seeing most traders are not a all having enough patience and discipline and this is the reason they are simply facing continuous losses.

Traders enter into markets with predetermined goals which must be one of the reason why they are unable to follow all the prescribed way of trading. It means that they are in a race which makes them unable to follow all the basics. I guess they must leave off their aggressiveness so that they could focus on basics.

Strictly following the basics of trading is most important one for ensuring success in trading. When we are missing out basics then losses will become inevitable.

Therefore, taking risks sometimes and may be required by anyone if you want to achieve success, because with the courage to take risks then at least we will be more serious and disciplined in many ways before starting and ready to wait longer when the market suddenly collapses due to the situation which is unpredictable like this year. So, I believe that taking risks is indeed necessary, because if you only go according to your comfort zone, then in the end the steps will be difficult for us to achieve success.

You failed to mention that it is a two-way trip. Being greedy might either be your doom or win. In most cases, being greedy gets you doomed. This is why, it is essential for one to have their emotions in check (greed, excitement etc). I know a guy who didn't sell his Pundi X stash for about $187K but kept it while hoping for the total worth to reach $174K. It kept going down and down.

I agree that in trading use capital that we can afford to lose. Because trading is not as easy as we imagine, the risk is very high.
Sometimes the market can change drastically and this can make us lose money. Indeed, by trading we can make profit up to with
1000x, but that is not easy to achieve. Good analytical skills are needed, so first improve our analytical skills.By increasing practice.

We can really differentiate between the things you do get involved when you are in or out into your comfort zone.
We know that taking risk does really give out the chance or opportunity that can give out more earnings rather than on playing safe
or you do just tend to sit aside and afraid on going further or taking one more step.

Well, people should be sure first before taking any steps and dont rush because this will just lead to mistakes.Its unavoidable
but once you do gain experience you can actually lessen it down.

As you rightly said haste always puts you at an obstacle For this reason you ought to keep your head cool without hurrying to trade Trading is simply as difficult that's why you would like to find out the way to trade your talents by analyzing different places. Trading charts got to be analyzed well and after seeing the market well and investing in currency then risk are often avoided.

Its like a necessary evil. You cannot stop the habit of putting in your money in something that dropped a lot because you know it is going to go up and this is your chance which if you miss you are less likely to see again in future. Imagine having the ability to buy bitcoin at 3digit prices at this time everyone would start buying it.

Whatever in this world that gives high rewards has high risks. It is a sort of balance.

1000x profits a rare though. Even with bitcoin maybe if someone bought at 1$ then it would be true. But how many do you think did so? Most them were happy with 50x or 100x gains and possible sold off majority of their stock bought at such low price.

Finding a profit of 300X will only be frustrating. Try to trade with a small profit but consistently better. No true trading is properly spent. Just having very big losses does exist because of the greedy flavor when making the decision.

Trading is always risky in today modern world because these days every person want quick money. In trade I have been seen that after some days or some month coin has moved up so you have to be patient when you open a trade. Trade is risky with your mind but it is pure money without any hard labour job. Sometimes share will go lower you will loose your money.
Please trade the money you can afford to loose otherwise you might face big problems in your life.

there are also risk in hodling or investing  . the risk is that your money can decay overtime whenever the value of your chosen crypto decrease and the situation can get worst once you begun panicking because mainly this leads to unwanted selling . not all the time you are going to hold your coin but you also need to sell or trade this later on for profits  . lastly the guy can be newbie or not dont have many experience yet when it comes to those things so why say mistakes like that are not welcome ?

This is really a true saying. If your total amount is $ 5000, you should only divide into 5 similar accounts with each account being about $ 100. then you will be very comfortable in trading and think that the money is small and you can execute your trading plans in the best way. then our chances of winning will be higher because we are more confident. This is also one of the tricks that I often use to reduce the psychological pressure of my trading. It is quite effective for Big short or Big long shots and you will be able to optimize profits.

I can't believe this has to be said but this is something that smaller investors can't really understand when they look at the bigger whales who do take risks bigger than themselves. Think about it, wall street may go bankrupt and they will be bailed out anyway, so they have zero worries about being wrong and they take the most riskiest approach to investing there could be, equal of me going into bitcoin leverage trading with 100x and putting ALL my money there all at once.

The difference is, if I lose my money there is no coming back, I will have to live a financially ruined life for a while before I can get back, even if I can get back, wall street doesn't have to, they just fire some people, get bail money, restart again and keep doing the same things.

With that mindset, it is necessary for you to always keep in mind that minimizing the risk of loosing is really helpful for you to have an effective trading career. Don't trade what you can't afford to lose because regret will always come after you.

Regretting what you've lost is really stressful and can affect your mental health, that's why you need to have a certain amount where you can trade without any regret and you're comfortable with that amount and also gives you profit. Crypto is not that easy to trade because there is something more importance about a crypto and its value differ from every country but not in the market.

It is normal in trading to lose a certain amount of money but it is in you on how much money you will lose when you don't have any strategies in trading. Stop loss is also effective in minimizing the risk of losing your money in trading you just need to read some information about that and how it will help you in trading.

both of these do have risks. but, the difference lies in, when trading, you can cut loose when prices start to fall quickly while investing, you can not do anything about your funds for a specified time limit. Well, it's just that, everything will calm down when you don't invest with everything you have. I also sometimes use 10 to 20% of the funds that I use only for trading. after that, I will develop my funds from the profits from it.

Yes i totally agree with you. Patience and not being a greedy are also important part to become a good trader i think. Sometimes we loss our asset because of those two things. Trading is that platform where you can not finished your lesson ever. That's why learning is not just enough for being good a trader you need also collect experience from your own mistakes.

Lol HOLDING guarantees you profit if you can take a long waiting time and not to expect profit in short period of time and that is reality ,we have seen that from the early adopters .
risk management applies to everyone but with limitations and capacity.
Who is blaming here?lol no one can blame anyone as this is our money and our own decision making.

You would find it for yourself on what kind of system would suit you even others do tell about hold but you can actually handle out on doing active trade and make out money on daily movements or weekly swings.It will vary on your skills and capability on how you do deal up with the market because not all would have the same skills and even someone suggest up to do that thing it doesnt mean
that it would give out profit nor benefit you.You do have your own will on things that you should gonna do since its your money after all.

before you start in trading make sure you have full knowledge in this and dont put huge money in the first trading.. some newbie trader put there huge money first then practice  assuming a huge profit immediately..

   This is a good advice Xenxen, but people don't like to read and learn and spend time doing that,
people want to make profit right away. I think the same people are not aware of the risk factor,
they think the only thing they need to do is to register, deposit money and every trade they make
will be profitable! But we know that it's not easy as it sounds!
    It's impossible to make some statistic about it, but I believe that 90% of new traders lose money
in first couple months, before they actually learn something and start making profit!

When we will switch our belief about crypto as a stake than we will come off in the crypto investment and The popularity of crypto will multiply more. constant altogether countries will contemplate of crypto as positive.
We must every time maintain a probability management design in trading. And individuals who are down much, consider with ancient ill-treat trading procedures and hear again. recollect to choose profits as soon as you won and disregard greediness. That will guide you to be a accomplished trader. We rely in our confess measures and decisions.

It's worse than that actually. At least some traders go in having a good feeling. Some go in believing 100% that some stupid signal they paid for or some Telegram group they got invited into promised them that the trade would pump. So they go in, waiting for shit to happen and then they get dumped on over and over again.

Those groups in telegram and Facebook are not been tolerated now,people here are now
aware of misleading from these groups thats why
i believe no one will fall from those scammers.and also if you are really concern to your money
then you’ll never let anyone to dictate you if which
currency to buy instead use your brain and skills to find which is deserving,after all this is your money and you can blame anyone if you lose.

Old say in cryptocurrency but most people still risk loosing all.
1. I will say dont put fund that is not yours in the space, dont borrow to invest in cryptocurrency,
2. dont invest at the expense of the family,
3. dont put all your fund in one or 2 projects (spread it)
4. Risk your fund in reliable projects
5. Learn enough about security of the space and taking profit

Practically speaking nobody has full knowledge before starting trading, but the point is that entering the market at zero knowledge about anything is a bad practice. Because someone told you to buy some coin you have never heard of does not make it a 2nd to bitcoin. But we have fools who act like this.

One can do dummy trading for a few months to get and idea of how the market works. Side by side putting in real capital to start trading would work, but one should be careful how much money they are putting in cryptocurrencies because there are other sectors to invest too and that does not mean altcoins. Newbies should stay away from altcoins, for them crypto should be limited to only bitcoin.

I agree with these tips, diversifying can minimize our chances to lose our capital because if our other investment didnt turn out well we still have other investments to count on. Thus it would be better to not focus on one coin but consider diversifying. Plus the number one rule is dont invest what you can afford to lose, no matter how profitable crypto investing its always associated with risk and no guarantee of sure money so better to be safe than sorry.

That is what everyone should assume, of course, crypto investing is profitable, but there is a huge risk involved in it. We should be very careful with the coin we are choosing, we should always diversify to different other things which have huge potential and we should always keep our profits in the same place otherwise it is impossible for us to survive in the crypto market.

Lol, he lost all 10 BTC? I would say that's bullshit and probably he didn't even invest anything. You should be next level stupid if you lose all 10 BTC during trading. Like did he just choose one coin and go all in? If someone sees that he is not making profit and starts to make huge loss, then if he is a sane person, he would just sell whatever he bought and save himself from further loss.
Even if you can afford to lose, don't make stupid trades/investments.

Yes, this is correct. We should not invest without any research of my own but maximum time we did it and loose our valuable money. Actually many men does not know about BTC or cryptocurrency details. They see only graph of market but they did not know the fluctuation of market. So i must say to investors please make your investment when you will see good roadmap of any project or coin and you can also talk with team with telegram.

thanks.

Yes, one thing I have come to understand is that most people that are coming here are just interested in making quick money, especially at this time that there is a pandemic, most people I have came across are always talking about how they can make lots of money through cryptocurrency, and they say if not that, then it's fake and all that. It is really annoying.

My phone keep blasting up on WhatsApp because of these people, and they are always saying that I should teach them how they can make money right now with Bitcoin , I just laugh at them. It's people like these that get into cryptocurrency and invest all their money with hopes to trade and double it in a twinkle of an eye lol.

You should never have encouraging or misleading dreams that you see on social media, you should not trade with their dream. In particular, you should not use the money you will need in the short term or trade with debt. I would like to tell you about the painful experience I had last.
I came across a very nice trading training on Youtube and watched it all. After watching this tutorial, I made several transactions with a trial account and was successful. Afterwards, I started trading with a 2000 euro loan because I was a student and did not have enough savings. Everything was very nice at first, I was earning almost all my transactions. Then, with the motivation of this event, I started trading without using stop loss and lost all my capital in a single day. Here, I actually did not make a mistake here, I made my first mistake when I started trading with debt money. Therefore, I do not recommend you to trade without your own accumulation and unless there is an amount that will bother you in case of loss. Now I am paying that debt every month with the interest, and I will probably finish my installments in the next 12 months.

Thats sad to hear out and thats the main reason on why i dont really consider on taking a loan or even borrowing to my friends when it comes to investment.

We know the risk behind into these kind of investment and we cant be sure if we would able to make money or profits from time to time.I had experience with that demo thing where

it do make me feels like im getting rich in a short span of time but we know that reality doesnt work that way until you experience it and do have some regrets in the end.

It is all on the list and I hope newcomers will take some time to review these things before deciding to risk their money. It is a must to know also what would probably be the consequences we get in here knowing that the risk is high compared to the other form of investment and that is why we should be prepared for anything it cost. We can't neglect this thing to happen in real life and that we think of easy money and fast ROI, it should have to change.

You are very correct OP, it is not limited yo trading but to every form of investment, always ensure you invest an amount you are able to bear its loss, do not borrow to trade or invest and always trade with core knowledge and emotional balance

This is a valuable lesson, 10BTC too expensive, many people will be stressed. You are right, we need to determine exactly how much we can lose, it is very important to help us not lose confidence in our investment plans.

That's true and which is why it is very important to first educate someone or rather a newbie on what lies in the crypto space, at least that's the best someone can give to a potential trader; with this little education there is every possiblity the potential trader will make his research and seek for trading knowledge since he wouldn't want to lose his funds at that early stage. Nevertheless, there are still people who understood the crypto trading in a wrong way, paid the price and then became better . Lastly, I will say, everything is all about mindset, once the right mindset is there success in trading will be achieved, in addition, trading with an amount that one can afford is very important especially as a new trader.

The reason that people are losing when it comes to trading is because the people who introduced them trading or investing is that they never specify that it is a slow process and that there are so many risk, these people are not to be blamed though because they didn't know it too, they are as innocent the people who want to embark on a trading and investing journey. The real fault lies on the individual because they are to blinded by the riches that the endeavor promises, remember that all that glitters is not gold. We can always put our mind into it if we want to become successful in these, we must constantly remind ourselves that trading and investing means growing.

Ten is just a number is it not? For some people 10BTC is nothing but for some other people a double digit bitcoin figure is a big deal.

Of course I dont believe that the person lost 10BTC completely without having bought something because it is a trading and if Spot trading they definitely bought some altcoin with it. If they went for margin trading on the futures market like bitmex then it is a type of gambling but possible to lose the complete capital.

Now it is stupid to trust a "influencer" on social media. People who trust them are fools in the first place and thus I would question how they acquired 10BTC in the first place? Still it does not make it any good and people should do their own research for trading.

it's only natural if we invest in assets that we can sacrifice. we will not know what risks we will face in the future, because in the world of commerce, everything is possible. so far, I've noticed a lot of people who quit because they invest so unnaturally, that they are even willing to go into debt. however, this is a solution for the beginning of trading.

Critical!! You don't lost your capital when you trade, it's just another sense of inefficient trading. You choose to trade BTC with another coin that doesn't have enough potential to bring you expected profit. However, you just "trade", you don't "throw" anything. You trade BTC with another coin, that's what you have. In the other hand, if you choose gambling like margin trading such as Bitmex. That's your call, some people are still too fool to know that gambling can't bring you profits in the long-term way.

True!! Don't just believe in other words. You have to work yourself in order to get something. Being successful is hard, being successful in a market that you don't know anything about is even harder. Therefore, get to know some stuff! It'll help you a lot if you have knowledge about what you're doing. Also, there's a lot of risks in this market and that's what you have to accept! Take other words as advices for references. Don't take it to your action!

Almost the same principle that applies to gambling. People see to forget all the safety measures and warnings way too often. They look to make quick profit or willing to risk large amounts without having the right knowledge.

all is product of Greediness and that attitude makes everyone losses either in trading or in Gambling,because if you cannot be contented and always seeking for Bigger money then you will be at risk every time.

why not just let your self gather small profit at least assure than expecting higher but in time you will fail.

LOl in crypto you can just Hold and wait for the right time to sell,if you will invest your money that can afford to lose.

the problem in others is they are investing here to make money in short time thats why when the price sudden drop?they will lose and blame the market.

When many people invest in trading, they only think that trading means making a profit and trading can lead to financial security very quickly but there are many more things we need to know about trading that many of us don't know and start trading without learning. Gives. That’s why at one point we get frustrated.

in the crypto currency the risk is very high, because high volatility makes it easy for people to lose a lot of money,
I've also experienced it, and until now I still hold the coin

While the numbers vary slightly from study to study, the fact is many traders will lose money and it can't be avoided. All sorts of reasons are given for the losses, including poor money management, bad timing, or a poor strategy. Most traders will lose regardless of what methods they employ. Crypto trading refers to opening and closing the same stock positions during one trading day.

Starting trading from small capital is the best way to be successful in the world of trading, we become trained to manage capital
will be used. If you have succeeded in trading with small capital, then when using large capital will succeed too. Then always use
capital that we can afford to lose, so it's easier to get up if it loses. Facing risks in trading is not easy, so the best we can do to
avoid trading risk by holding.

I do not know the details of your transaction, but I am sure that you have tripled the small amount of your Deposit. It is much easier to risk a small Deposit than a large one. I did this when I first started trading, and it was like a casino. But now I understand that you can't use your entire Deposit on a single transaction.

if its involved it also means its attached . you cant avoid it but risk does not mean that something bad will happen to you because they arent still guarantee 100 percent that they will occur  .

i often hear this popular advice but this is hard to follow , i know because i myself also did the mistake too till now  . i find my self betting outside my comfort zone because i only want to recover my past small losses  . small but too often so in my mind , the only recover them in a fast way is to trade bigger amounts at once  .

The only way to avoid risk is not investing at all, but if you want to invest, you just have to ensure that you know how to manage the risk.
Managing the risk does not mean you'll be profitable as its a different thing, managing the risk means minimizing the risk by diversifying your investment.

That is what happens if you jump straight into anything without calculating the risks involved in it. The person should have tried to trade with a small bankroll and then if he would have gotten good results then gradually would have started increasing the amount of money per trade. He didn't do his own research and paid a hefty price due ignorance in the first place.

I totally agree with you. Crypto is a dangerous market and full of risks. You can lose all your money with just one trade if you don't pay attention and have experience. Cryptocurrencies market is the only market where prices can fluctuate by tens of% per day or even a few seconds - this will make it impossible for you to handle them without your experience. Therefore, first you need to understand the market, how to trade, about indicator tools, how to set stoploss ... That's how to help you survive and not lose money.

This is one of the most important topics in arguments over how to save your life. Now if you do risk the amount of money you can risk of losing, you are going to only trade with small amounts that will not change your life. Bitcoin will not suddenly make 10000x profit to you, neither will any of the altcoins, there is no way you can get in with 100 dollars and suddenly become a millionaire.

But what we can do is actually risk the whole amount, the amount we can't risk to lose normally, and even use leverage on it as well, be as risky as possible and basically risk going out of business, becoming bankrupt, having huge debt. But if we are right, if we do this one time correctly, we could actually change our whole life and never have to worry about money ever again. So do you risk everything for having much better everything?

In my opinion i will advice you even risk what you can lose for holdings. There a lot of coins out there that people have lost in just by holding. Cryptocurrency is a business and a business involves risk. So it’s always best to take calculated risk.

Stop loss is recommended but only to those people who do just actively trading up but for long term holds then it wont really be that relevant.
Of course we should really put up on our mind that  we only invest on the amount that we can afford to lose since we know on how unpredictable
this market is. When you are just starting up then this wont really be a simple journey, im not saying that this cant really be mastered but
it will surely takes a lot of time and engagement before you can grasp this one.

The guy that said he traded 10 BTC and lost it all due to being wrongly influenced, I think that guy is lying. Let's be sincere here, I don't see the possibilities of anyone trading here and losing everything they put in that trade up to the extent of losing 10 BTC at once.

This looks like a joke, I'd accept that you lost 50%, but telling me that you put 10 BTC at once and lost it at once must be a joke. If it does happen, then I have not seen it happen. Unless he was into options trading and forex trading? And maybe he put in 10 BTC worth at once and lost it. That's the area I think it can be possible, because in those two, any money you start trading with will either get profit or disappear for good.

Beginner like me needs more time to research on how to trade, or maybe asking someone who's more experienced in this field will help a lot, but at the end follow only yourself. Just try to pick some strategies from them. I think try to risk small amount first, whenever it's failed then it's fine. Don't ever risk everything you have or else you'll get disappointed.Maybe in your next trade you know more and how to handle it.

Risks are sometimes difficult to calculate. It all depends on your experience.
When you are not experienced, your understanding of the risks will be too superficial and you will risk too much that will lead to multiple losses. However, this particular path will lead to a good understanding of the risks.
While you are a beginner it is best to risk small amounts. For example, divide the deposit into 20 parts (whatever it may be), and risk 1 part at a time, analyzing each result obtained.

   I think of myself as a beginner in crypto-currencies. Trading is very risking, for now I am focused on
accumulating and holding for long-term. One day when I have enough coins to cover everything I need
I will start trading!
   It's similar with investing, I don't invest what I can't afford to lose, but investing in long-term has less
risks than speculating the price in short-term.

We take risk all the time, but sometimes there are risks that I am willing to take if i know my chances, For instance if i know the market will go up substantially I would probably bid 20-50% of my portfolio. It's all about taking risk and how you deal with it.

It's not only about the losses that you can afford or not. It's also not only about you have enough capital to invest or trade. It's also about that you have to gain enough knowledge about trading in order to be confident with your skills. Once you have enough knowledge, skills, understandings, you'll be able to earn profit from trading. Don't start trading without practicing and learning!

Some people think investing is actually easy.

I guess some people would say that whose so much adapted to the market but still, the market is so volatile that everyone even experts and knowledgeable ones will still lose. But then if they actually experienced the market, they would be saying that Bitcoin is a bad investment because of its volatility not even knowing that it is the reason why a lot of people are actually investing on it.

it is indeed the best way to see the development that we can take next. however, putting all of them in one shell is fatal exhaustion. so many negative things that can happen from doing that. to be honest, I also agree to include 30 to 50% of the assets we have in the decisions we will make.

I really like the sentence: "Experience is the best teacher"...
to start trading is very normal you have to experience losses many times, there is not a single trader in this world who has never lost, each of us must have experienced it but the amount of loss is different. losing is natural but you can make it a lesson to be better in the future.

The risk you can take is not the risk you can't afford to lose, that is why they are different. If you have a portfolio and you invest 50% on something, that is not really risk you can't afford to lose, you already have a 100% portfolio you put aside and you are playing with that, you can lose 100% of it and you would still be able to afford your regular life, would hurt you a lot emotionally and even financially but it wouldn't put you in a homeless shelter.

Whereas we are talking about people who do not have any money in investment right now and only money he saved, putting more than he saved and even the money he takes out as a loan from bank into trading something he is not really that much aware of, hell even if he is aware of it. That is why I think there is really no reason to trade what you can't afford to lose right now.

Digital currencies have spread widely and rapidly in recent years and many want to trade and make profits quickly, but nevertheless we must not forget that the crypto market is still a young market and newcomers must learn well how to analyze currencies before starting to put their real money in this market so as not to lose it.

This is the truth and reality that every newbie must hodl on to.
Trading with funds that you can afford to lose gives you peace of mind, and the required calmness to trade efficiently.

That way, you are not under any pressure to perform.

When it comes to making profits then it doesnt really matter if this market is new or young because trading will always target out on moving prices.

If you are new or veteran then you would really deal on the same thing which is this very speculative and wavy market.If you wont risk something then you

wont earn nothing.Its just a matter of choice though and hardwork and experience and we know that this market is way too risky but somewhat can be handled

if you do already know on how to deal with volatility.

Bitcoin trading is a high-risk activity, so use your capital wisely. Which means don't use all your capital we have for trading,
because of the worst case scenario we can lose all the capital we have. So my advice is to use 50% for bitcoin trading, then
save the rest in fiat or stablecoins. Or as in the opening post it has been explained to just hold bitcoin that you have, that's
the easiest way to trade bitcoin in my opinion.

Actually, this is a simple thing. you just don't need to put all your money into trading. however, it has a big risk. if you want to be serious about this, that's very good, but don't ever take a greater risk than what you can bear. my suggestion is to use your assets below 50%.

Yes, it's very simple rule and yet don't all traders obey it. Otherwise there wouldn't be so many traders in losses they can't cover. The thing.is that they believe if they push a bit harder, even above their limits they will cover losses and even make profit.
The problem is.that some traders are not so good in risk management or they just ignore it, they don't plan the funds in advance or calculate the possible amount of loss in their trading strategy. If they have one.

That is indeed true, in bitcoin's scenario, it is the best choice to hold it for a while (depending on it's current cost and the its price when you bought it). However you could also lose some of it's value if you converted/sell it to a lower price of its price of you buying it. But that will be just  a small lost for you. So small compared to that man being an example above. And the risk also is very little.
I think he is idiot and is so rampant on btc trading, but I believe he learned a lot from that lost. Imagine losing 10BTC for a very short period of time, such a fool.
Take control of yourself and do not go all in if you knew nothing.

You cannot learn anything until you try it yourself. And trying in the crypto market always costs money.
This means that newcomers will always, to one degree or another, lose money while making mistakes making mistakes.

This is an investment in your own learning.
However, many do not regard this as a natural learning process, but as a problem.

The faster you learn to learn from your mistakes valuable experience, the faster you start earning.

trading of course there are winners and there are losers,
if you are smart to analyze prices I think it does not matter, if you can not, then you better learn it

I don't get people who spend that much money with hopes of a lot more money by following someone else.

How could you trust a person when you do not know them at all? What if they are lying? What if they are not doing anything that would help you at all but just making them richer?

By all accounts this person could be running a scheme where he gives free advice time to time and mostly he becomes wrong and sometimes when he is right he invites you to a "special VIP" place where you have to pay a ton of money but since he made you profit you actually end up paying and he rarely ever finds a good trade again and you realize you were scammed.

I can make predictions a thousand times a day, create accounts for each of them and get them to share each other as well or like each others tweets to make it more visible too. Using all of this I can convince some gullible and naive people to pay me to get more advice on trading and scam them, quite easy thing to achieve.

Nice post, this warning is really the basic and number one concept of investing in cryptocurrency market and to be honest, i'd say in every virtual and volatile market. It is quite understandable that the higher the risk, the higher the reward but it is also a known truth that the bigger the risk, the bigger the chances of getting Rekk. This market is highly volatile and anything can happen within a blink of an eyes, I've seen btc lost more than half it's value in a single day. I implore everyone especially the newbies to always invest in what they can either afford to lose or with a spare cash

When BTC loses half of its value, we as Bitcoin holders must be able to hold Bitcoin until the price returns to normal when we first bought it. Fluctuating market conditions are indeed risks that must be prepared to be faced. Beginners who just understand about investing in bitcoin have a lot of enthusiasm when Bitcoin starts to go up with high prices, but they don't know yet what will happen when bitcoin experiences a big dump. Losing most of the value of bitcoin will definitely occur, if not alert and do not understand where market trends occur.

True! The unpredictable fluctuations in this market are certain and we have to know that. Any investors, traders or holders come in this market have to be aware of the risk of losing their capital when investing, trading or holding cryptocurrencies. Beginners have a common mistake that usually be too panic when the price starts to go down therefore they usually "cut loss" when it isn't necessary.

This has been saying many times here in the forum, where we need to accept that losing some of our coins in the future is just a normal
things for the individual traders in cryptocurrency. Besides, each loss we face in the future is gaining or us to become more mature in trading as well, isn't it?

We cannot always afford not to feel sad or bad in losing money even if we can afford to lose it. Trading should always be seeing as risky business and like other risky business we should be ready to lose and make profits. Remember that when you are making money others are losing it.

Money is never born by itself, and this is the natural rule when you choose to invest. I think if you are good, you will easily survive in this market but if you always fail it is best to leave early because the crypto market is very volatile.

In the past, I have been under a lot of pressure when it came to trading, and the first time was the one I was most worried about. Things are different now, but sometimes I still have a risk when investing.

The risk in cryptocurrency trading is 'fact', inevitable as well as multi-millionaires in one night and also vice versa investment can lose in the blink of an eye caused by market volatility.

However, for all risks/losses that occur in crypto trading can be avoided by the willingness to learn and ask crypto trading experts, for that I will give a little tip so that you avoid the risk/loss of trading crypto.

First: trading requires skills, learning, understanding and time, patience, if you think trading crypto "get rich quick" is wrong, crypto is not magic or you can say abracadabra.

Second: emotions, this is the single factor to destroy a portfolio in trading, before you make a decision to reduce emotions first, then you make a decision.

Third: if you put all your eggs in one basket "this decision you made in the crypto trade is very wrong" it will pose a dangerous risk for you.

And the fourth: you must be careful and thorough in receiving trade news through the media, etc., you need to research a very accurate news source before taking an action.

All the risks/information that I provide to you, I do it myself, there are more ways to prevent risk in other crypto trading, You can ask again to your closest friends who are experts about trading.

We will never get rid of this risk when investing, no matter how long we do it. But we can reduce these risks if we study the investment object correctly. I have already determined that my main objects in cryptocurrency are bitcoin and ethereum.

Yes agree with that dont trade what you can’t afford to lose because if you lose that you will live you life full of regrets in the future saying you lose because of trading. Like that man he lose all of he’s money in trading and that is he’s foult. Before you start trading you have to do your own research also and do not just rely in some people’s that you don’t even know there name.

Of course you need to check first the coins you want to trade. Monitore it's market movement and study the graph. Don't invest immediately without knowing the coins to are going to trade to avoid loses. Also if the price go down drastically ,DON'T PANIC because it will cause you to loss. Just be patient when doing trade. Making a profit will not happe  in just overnight and short term investment is much risky than the long term. Also use your own strategy and techniques in trading.

My tactic is simple, 100% of my balance, I only risk 10% to 20% to dedicate myself only to trade, with 51% of profit of the percentage destined I decide whether to take half of the profits and the rest to leave it and increase the percentage. In each operation I do not risk 10% but 8% of the (10-20% already risky), that way if everything goes very wrong, I would only lose a part of the intended percentage and not 100% of it, so far I It has given very good results.

The secret is to have patience and not despair of making profits quickly, it is better to see it as a business, the difference is that ROI is much faster than a traditional business.

Cutting losses is a wrong choice, a panic that makes more and more losses. How to be aware of all the risks involved in investing or trading in crypto, by reading and analyzing market conditions, where market prices will move. Technical knowledge and fundamentals are needed, so there are no second mistakes that will end with CUT LOSS, the last choice that is just a waste of money.

When we do compare it on traditional business then we can really say that ROI is much more faster but in exchange the risk is way more higher which is normal.

Setting a good risk management in terms of fund handling will really put you into more longer period rather than on always with all-in manner.Always set up in mind that

it is much more better to gain little profits on gradual basis rather than rushing up on making bulk ones by putting 100% of your entire capital.


I agree on some points but there are instances that cutting losses is much more preferable specially if you do make short or active trades.
You cant just choose to wait up like forever it depends if the coins you've been holding are worthy but in most cases SL's are helpful
for most traders.

Cutting losses is not always the wrong choice!!! It's true when you trade with top coins that have a high value such as BTC ETH BNB. It's wrong when you talk about altcoins. Altcoins can be dumped to zero value, therefore, cutting losses sometimes is the best option that traders have. Rather lose less than lose all right?

We can't just judge them by that.

It is true that people share their own viewpoints about trading, about investing but still, they might have these experiences that other people can pick up some knowledge to.

Also, with a lot of people that share their experiences, share their ways, share their viewpoints, you could compare it to others so that you could compare and you could reference those to make or formulate your own strategy.

wisdom word; "without losing you will not become stronger"...
losing is painful and for professional traders it's normal, what professional traders do is not to avoid losing but minimize losses to a minimum and make as much profit as possible, a trader who has never lost 100% is just a fairy tale.

Trade 10 BTC and lost all, that is really tragedic, its no joke losing that amount of money, that is a really huge amount of money, you need to work hard and have better experience first before you get all those 10 BTC and just lost so quick for only trading. There are many people who lost their money in trading especially for beginners, so always face the fact that once you do trading you may lose your money, so better to limit your budget when you do trading, that is really important. You should know when to stop and to continue trading.
Well said, they should know how risky trading is, so they should be careful when doing it. Once you learned skills and have enough knowledge in trading it would lessen the risk of losing in trading.

Here it applies that you must be over 18 years old, having experience is not necessary and you do not need a trader's license, but money is indispensable, a sine qua non requirement so that regardless of age or experience, you obtain the result of "failure".

Don't trade what you can't risk loosing

It is a very simple phrase that does not serve to change the mentality of the one who will only say, I am unlucky or the trader is not for me.

Trading crypto currencies should be somewhat planned with an investment strategy that is not difficult to explain but can take a lifetime to understand or simply adapt to the volatility model that has destroyed capital and similarly made others millionaires.

Understand that with a rigorously established plan that I repeat again easy in its use (theory), but incredibly difficult in its execution (trader).

only people who are in a hurry to get rich give all the assets they have even if it is considered. Well, I suggest, if you believe that the opportunity to increase assets in investment is 100%, then use the most funds is 70%. never put everything in 1 investment, because many people are disappointed because of this and say negative after that.

There is nothing wrong in putting all of them in one investment, because the problem is about how they do research and how good their mentality is to deal with any bad situations that may and will happen in this market. If you don't have the confidence to fight all doubts about the risks, then it would be better for you not to trade and also invest because to get rich there will always be risks.

the basic principle of trade "buy when prices are cheap and sell when prices go up" but all of that is just the theory we learned. sometimes the theory is not the same as reality and we cannot avoid it, but by trading frequently, we are driven to always innovate by ourselves, so as not to lose. but in trading loss is also a risk that we must know so we are not surprised anymore. by continuing to trade obviously will hone to be better. do not hesitate to keep learning and don't feel that you understand the most, because theory is sometimes inversely proportional to the reality.

By saying "there is nothing wrong with putting all of them in one investment" you basically out yourself as you never studied investment at all. By every single imaginable investor that has ever been successful in the investment world, number one rule is never put all of your eggs in one basket, there are different rules and different approaches but all of them basically says never invest into one thing totally.

Put 5% of it, put 10% of it, but never put more than 50% of your money into one thing. This is not even just talking about bitcoin versus others, this is crypto in general. If you have 1000 dollars, do not put over 250 dollars of it in crypto in general, put it in some other stuff as well to keep earning money, that is the only way to make sure you are safe.

That is very obvious in my view. It’s just crazy to risk anything that you can’t afford to lose. As it will only make you struggle, so it’s must to focus on putting what you can be convinced of being able to afford in worst scenario.

Totally agree. Let's put it in this way: no soldier would risk his/her life by going into a war without having any kind of ammunition. Ammunition in this context are the knowledge and wisdoms that you learned from studying how trading works. So yeah, trade only what you can afford to lose so that you will not end up broke afterwards.

Yeah, people will have to be a daddy to face the risk of lose in trading. So we should face all the risks and be always ready to trade with new hopes and a new mentality. In all kinds of business where is profit, there will be lost as well. So don't take it so seriously and spoil your rest of mind. Just stay calm and if you lose just try to improve your trading skills and trade with a new phase of mind I am sure this way you will learn taking risks for a better future.

Some of the things that one should be taking care while trading are :-

1) Avoid any emotions when in trading
2) Always follow the stop loss as it really helps
3) Limit the trade in single coins. Do not put all the money in singe trade
4) Trading is risky and so only trade with capital which may not be required immediately or just in the worst scenarios even if lost it would not hamper the daily routine.

Possibly, don't be ignorant of the system: many traders went into trade without the consciousness of understanding the system they intend or want to trade their goods-cryptocurrency or stocks. This can be attributed to the case of 20 years old Robinhood who has taken his life because of a system he never understand before trade. According to the news:  what he saw as huge negative figures were just a temporal figures - lessons to learn as a trader:: ensure to study the system before make your deposits and trade.

trading must be able to accept risk, but risk can also be reduced, don't worry,
there are many telegram channels that offer the right trading signal services, maybe you can follow it

Although there is risk in trade but this can be averted only if the trader understand the much that is needed to trade. The most important things you as a trader should understand is the fundamentals and technical analysis. This will help reduce the high risk in this industry but many have never care about this important things regardless their funds invested into their trade either small or big. Lesson: first thing first, learn the fundamentals and technical analysis in trade.

Just because you are trading doesn't mean you should neither accept the risks totally and do it taking all the risks nor you should be risk free. There is a level in between them where you are not taking unnecessary risks but you are not staying too safe by just holding USDT neither.

Just do your trading with regular acceptable level of risk and you would be fine. For example one end of the risk rate is doing all your savings ever into 100x leveraged margin trading, which is totally useless risk that you should never and ever take, but the other side of the risk is putting all of your money into fiat and putting it on a 0.25% interest rate at the bank. These are two ends of the spectrum and you should find your own balanced level according to your income and your own economy.

The warning about not trading with cash you can't afford to lose is the basic and the most common trading tips flying around as everyone teaching about trading will always send out the warning and this fact is not limited to only the cryptocurrency market but every volatile investment markets out there

I don’t take trading seriously, I trade whenever I feel like to trade. Mostly what I do is to hold my assets till the right moment. Have heard of people who committed suicide for losing in trade , like the recent story of the 20 years old boy. It’s all about being aware, and just as you have said, it doesn’t multiply your money like magic. Once you’re here and you decide it’s trading that you’re all about, then you have to work for it.

Sometimes the struggle is not something that you would like to be into, it’s quite difficult to escape from it when you fall in there. So it’s best to avoid, and if you’re not perfect, just stay out of trading and simply hold your assets. Because, this crypto space is known for rewarding more to holders than active traders. So, simply investing and holding bitcoins still get you big profits.

Trading is a subordinate where if you don't comprehend about it, you will flunk as opposed to achievement. So with detailed knowledge about trading then you should come down here. It is not apparent to invest there suitably. You have to understand the ailment of the market and make an investment. An additional aspect is that you should launch the investment with a minor quantity, then the quantity of loss will be tinier even if the fluke is awful.

People saying that don't trade what you can't loose. I mean people doing trade for profit not for loosing and offcourse this statement makes investors afraid. Price volatility in crypto is the main problem and few exchanges create this in market. Everyone knows trading is risky but when you provide 100 x liquidity what your intentions behind it. Anyone easily got liquidation but exchanges are greedy for their fees and don't care about customer. New members should be aware that's kind of the activity.

Yes, the risk is higher for new members they continue to trade in greed for more profit and then they lose all their capital and become frustrated it is not possible to trade without risk there will be both profit and loss. Therefore you need to know the market and know the difference in the price of the currency and then trade even if there is a risk you should try to recover it without getting frustrated because the crypto market must be stable or unstable.

First things first, if someone cannot afford to lose his investments and is afraid on taking the risk, then don't invest on that at all. Invest only what you can afford to lose, you will be hurt so much if you've lost your investments, atleast prepare yourself first, give yourself a proper knowledge and wisdom about trading, your trades will not always win, there are losses, and sometimes losing is much than winning.

True, that is not a correct mindset to actually only taking a profit. You must realize that there is always risk behind everything especially on trading. If they have never encountered losses on their entire life, then you can probably imagine how down and depressed they are once they get their first time losses. Good people said "Practice always makes you perfect"

I feel like trading itself is a risk, and you should venture into crypto currency trading if you are looking to make steady profits and more profits.

Instead of worrying about what you cannot risk loosing, why not invest what is yours? Do not borrow or trade on anyone finance if you are not skilled in trades yet.

Remember in trading, there are losses and profits as constants

You have a different understand with the caution. What does the warning says is that don't trade with the amount you can't afford to lose.

That's simply as it is as there are first timers who did trading but didn't do no good with the amount they regret to lose.

Trading is somewhat like how you spend your money in your day to day basis, in your daily commodities and necessities. Of course you have your budget of what amount you need to spend for your needs and save the other for some important matters. Same here in cryptocurrency, you budgetted your money you buy the token you have today and planning to trade of course you have your limitation on how much do you willing to trade well i assume that you already know how risky trading is. Like what many of uor collegues says trade the amount that you are afford to loose.

Most of these newbies never have the perceptive of trading with the amount of money they can afford to lose, they will rather follow the fake profits shown by those twitter influencers, the impression is to make quick profits in trade they never bother to learn.
A lot them got rekt in a bid to make huge profit after throwing all their portfolio into trading without following the warnings of risk involved in cryptocurrencies trading, I had read many stories of these newbies who perhaps lost huge amount of money in trading thereby castigating and rubbishing trading while calling it  scam.

Its no surprise that people would call it a scam once they had lost their money without even realizing that they had done a terrible mistake which a certain noob will commit.

Regrets are always on the end of the line and when the time they had lost money then that's the time they would tend to learn or some would turned out their backs and never come back.

When we are risking our precious money then we should be at least giving out some consideration on making the best step as we could so that it wont be easily
lost.

Never ever got with any kind of investments with the capital is not afford to lose but more people are doing it in the other way that is why we see more people drowned in the debt for their entire life.

Thats the basic rule that we should know when investing. Unfortunately some of us are willling to take risk their hard-earned money not knowing the risk of doing it. Then they will realized their mistakes after losing their money, its a lesson learned the hard way.

Dont use a capital that is meant for important things because no matter how good the investment is, there's no 100% guarantee that you can earn from it.

People should know first the risk before risking their hard-earned money when they are so unsure about doing it because they will experience regrets and anxiety when they lose all of their money. Many people are having a massive problem in paying their debts, so they should think carefully before losing all of their life savings.

There are some people who are trusting their fate with the use of the trading even they don't have any money still they want to take the risk that they could possibly earn. Their mindset is "I can earn with trading regardless of the risk", "I can make more money with trading", "This is the last money I can do it more here". Well, we can't stop them because it's their life and they want to risk everything. Looks like there is a two-person with this.

1. The person who will not spend their last drop of money and try to make a product to find another income and not in trading.
2. The person who will risk everything just to earn.

All trades have risks but we must prepare for it rather than just watching
Trying is one of the keys to success so don't be afraid to lose

Don't trade what you can't risk loosing
These words are very special. This is life changing words. When you putting your money on any project ,your money can go both way, in profit or loss. If the project succeed then money put by makes you gain but if project not getting success then you can not even recover your money. This is called absolutely lost. Everyone should know this in market or trading, or betting put the money that you can afford to loose.

People lost their savings when they start trading in this crypto market. Here price volatility is very high when price will increase and when it's goes down nobody knows about it. And leverage trading makes more risk in this market. Exchanges provided 100 x liquidity in the market and I am preety sure if anyone took 100x liquidity they got liquidation. Because a little price fractutuation give total loss. So exchanges always greedy. So better to hold not trade

The truth is poor people will be poorer cuz of greediness inside them. It can however work if you deposit some amount double it or triple, and leave the trading forever. otherwise there is no quick stable way to profit from trading.

Trading without limitation or boundaries of how much you're willing to trade in was insane. Those who are wanted to get a profit in as fast return of investment could be classified as impractical people and sometimes may term as greedy. Here in cryptocureency we couldn't find a easy and fast return of investment but if you know how to play the game expect that you may get the return of your investment in an amount that you worked hard. Maybe no assurance to have it already or having it surely but i do believe that you may have it even a little return.

Sure, "it is better to be poor on your own decision that to be rich on others decision", but the topic of this thread is not to trade what you can't risk losing, the words that you wrote indicates that it is okay to lose anything you can't risk losing cause it is by any means your own choice, which is not a very good advice.

The best way for me to do, for things like this is the get a breather and focus on the important things around you. The more you think about the things you needed the most the more you see a broader view of the amount that you can trade. Sure, that trading can double/triple the value you have but don't always forget that you can lose. Greediness is not a great thing, that's why it is part of the 7 deadly sins.

Can there really be such funds that you do not mind losing? If you trade in the cryptocurrency market, then there are always big risks of failure. But the most important thing is not to risk your entire household budget so that your family does not remain naked and hungry. But otherwise, the risk is always present, and the result depends on experience and knowledge.

That is just the first rule, crypto is so volatile and you dong venture what you cannot afford to lose. Some have their fingers burned due to the lack of following this simple rule

What I can say is that do not believe on easy money ideas of trading. It is indeed truth that your money can grow more than x2 or even 1000x in a small period of time BUT remember, the RISK is very very high. One single mistake can turn your million account to zero. I knew a lot of traders who are good at risking much and earns much yet when they lose money, they fund again their account. This type of dudes are typically GAMBLERS who are TRADERS too.

Yet based on my experience and understanding, ANYTHING is POSSIBLE. Even BITCOIN can become ZERO, who knows?! Trading for me is really hard because your enemy will be your EMOTION: IMPATIENCE & GREEDINESS. That is why what I could advise is to always DO AND UNDERSTAND RISK MANAGEMENT. Always put stop-loss. Have an entry plan, exit plan, alternative positions and back-up plans, etc. This will minimize your risk in losing all your money. I believe too that it doesnt matter what high probability system you do have, but rather how you manage your risks.

So be careful with so called "mentor's and gurus" out there who shows off their profits which in reality can be edited and just for hype to gain money in mentorship or signals. I am not generalizing every mentors though because I know a lot too who are awesome in trading especially in risk management. Research first their backgrounds and how they see trading. I say, FOCUS ON COMPOUNDING.

Trading is not a simple way of making profit, because in trading you can also loss, whats important is the learning and the way how you handle situation and emotion and the experience really matter, i suggest to only trade an amount  that you can afford to loss. Dont believe in anyone or lean on them because scammers are everywhere just believe in youre self and learn for good.

It is often advised to put only that much amount in trading which you can afford to loose. This is because trading is not always profitable. For trading you must have appropriate skills and adequate experience. Even the experience traders sometimes deals with loses. If you are new to this market then start with little, keep grinding yourself and slowly increase the amount you are trading. Once you will able to understand the market, then you can sometimes take the risk of trading large amounts because you will be able to observe the fluctuations more accurately.

Yes that is really very true. All of our actions being done in crypto is duly our own responsibility for we must be the one to study all the essential information with regards to the industry we chose to get with. Even if someone have introduced it to us, still after he have taught us of the basic information we need to know to be able to start up trading, the full responsibility of whatever happen will certainly relies on our hands now. No one must be blamed but your own self if you experience a great loss for doing trades into a certain coin that you do not know how the price behaves and did not managed your budget or funds you allotted to trade on that coin. Common mistakes being done is after knowing the basics they are already jumping into trading like they already know everything which is not supposedly the attitude for you still do have to learn the coins before engaging so that you will know even more to make yourself profitable into that coin you wished to trade. It will be your mistake and full responsibility experiencing great loss for engaging into a coin that you don't know and you have inputted a big amount of money which is supposedly not because you must just trade into an amount that you can afford to loose.

Its just stupid for someone who do blame out others just because they do lost up money.It might be dumb but there are really people who had this kind of behavior or qualities where they do blame someone who had introduced a thing to them and when unfortunate thing happens then that someone would really be sue out.

When we do trade then results would really be depending on our own actions.Thing here is that you should learn up things first and try to gradually increase on the amount that you can risk on.

Study and learn up things which will add up to your experience because trading isn't really a thing that can be learn overnight.If you do hate risk then trading isn't really for you yet this do involved
risk but of course in exchange theres always a profiting side.

Risk is always there even you are not a trader because once you invested or creating a business there is always possible of loosing or not returning your money. It become less risk unless a person is conducting a research about for the certain investments they do. Researching is very powerful weapon for us we can know the possibility to happen maybe it will successful or fail so why we are doing that.

A newbie is always rushing investing their money of what they seee a trend coin so we don't know when the right time to invest so mostly of them lost a lot and blame the others of what they do.

There should be risk management, which will clearly define your limits of what is acceptable. If you follow simple rules, then you will never lose all your funds. And if there is a series of unsuccessful deals, then you need to pause, comprehend everything and only then continue to work. And it is not wise to repeat the trades of other traders, because you will not learn anything. And most likely you will only lose your assets.

Big risk will get big result and I like for trading in future way, when you try for trading on spot have waiting for when bitcoin and altcoin going up and take moment for selling. When you joining for future trading you have chance both bitcoin and altcoin up or down, you not waste your time have waiting for bitcoin going up only but you can take chance when bitcoin is down to get much profit and keep profitable during you get good moment when analyze coin price, but have bigger risk when try future trading way when your prediction is wrong because your assets will liquid or lost.

Today it is better not to buy and sell bitcoin and altcoins because it is likely that bitcoin price will fall after a few days of strong defense and this will determine the fate of Altcoins so it would be great to wait for the normal price or buy below the support price

I really agree with you that many prices have collapsed and this can be the best moment to enter and buy a very large amount, make the most of it and don't miss this opportunity, because if the price has gone up it will be difficult to find moments like this again.

Same in most businesses... you start with what you can afford to lose until you are grounded and start being consistently profitable in the business.
If you don't want to start small, you could learn the business first and practice it for free via apprenticeship, getting goods from people/friends for free to sell(& share the profit with them) etc and see how profitable you can be.

I'm not sure he traded 10 BTC and then lost all of them, he didn't invest in scam projects and he didn't gamble either, so it is absolutely impossible to lose all his Bitcoin trading. Even though you lose, at least in trading you will still get returns, which in fact you are losing money because of wrong trading itself. I'm just not sure about the news, because if you only pair USD to BTC then even if you lose at least you will still cut your losses basically you still get your money back.

The amount itself is unbelievable but possible because I cannot think of other reasons for him to trade all of it without saving some part of his assets and to add it he has 10btc but i dont know if he got it from converting fiat into bitcoin but i dont think so because its also a lot of money, really a lot so im guessing he is good at trading because he have that much money so im really confused to why he lost all of it so to conclude maybe even good traders forget the rule of don't trade what you can't lose

It's not impossible to lose all of those 10 Bitcoins. One thing that happened might be he used those bitcoins to buy crypto assets that are made to scam traders. Probably a token that has not been launched to any crypto exchange, and the thing is he used all of those bitcoins. That's the possible side. Be that as it may, the impossible side to lose all those btc is buying coins that has value, regardless if it's expensive or cheap.

Many beginners are blaming others for what their lose but in the first place they are the one who decide what they can do. They need to know the risk once they enter to the crypto community because most of them now are rushing to their profit that possible to get they buying a coin without doing a research so they get wrong or shit coin of what we called. Once you invest to the coin you should not expect a lot because our expectation mostly is not we get.

Is that even possible to lose that huge amount? He must be dumb if he lose it all in trading. I'm still wondering how he lose it. Even if you make some loses you can't just lose 10 BTC and why would he use that huge amount if he doesn't know what he's doing in the first place.

As a beginner u don't have to put all your investments in Cryptocurrency, or Cryptocurrency shouldn't be your main source of income!!! If u are starting a trade Make sure u start with what you know when you loss it won't really affect you!!! And you should never take a loan to invest in any coin.

Somehow many people still think trading is(or can be) a 100% thing and they can put all their money(including the amount that they need for living) into trading and have 20-30% more in their pocket for example next month, if it was anything even close to that many people would leave their day job for trading.

Let's just say you are one of those very small percentage of traders that are highly educated and know what you're doing and have a whole lot of experience, even in that case you can increase your chance of success in trading up to 70% or something like that and that means you could still lose money 30% of the time, so there is no full certainty in trading and the question is would you put the money that you need for living into something that is not going to even give you 80% assurance that you will get your money back?

Trading should be like that, if you don't want to experience mistakes then you can't do more valuable things,
like trading, you have to practice first, learning about trading analysis techniques is very important

It's true, but nowadays many newbies leave when just one time makes a mistake...
Newbies nowadays think that trading is very easy but when they jump in, it makes them feel trading is not for them. if you get hurt once and leave then you can never become a trader.

Just sleep if you are afraid of trading! Trading is risky,
let alone defeat will be a partner for us, if you want to learn to trade and be able to read analysis,
of course this will minimize it.

That's why we always keep on sharing here that as a newbie you should already have your determination to learn especially from losses ahead. You should take risk for the amount that your willing to lose. The best strategies and tactics can't be learn by just watching trading tutorials in youtube or any other legit site and not by just reading some tips and tactics here in forum but you can acquire the best tactics by your own experience and failures in trading. If we will always aim and we always experience win then you will never learn.

Everyone knows that trading is risky and even the legendary in trading has passed all the failures and the risk of losing before they earn a best strategy that they are using now in trading. If you are afraid of trading then you are not for this area, you should try some area like investment which you can get a profit. But of course know how to trade was a plus factor for your crypto wallet to get an additional profit. There is no overnight profit here in crypto, you will get what you are working at.

We better get used to losing as that is normal in trading, however, it's stupid if we don't learn from our mistakes because our main purpose is to improve and be profitable in the long run, trading is just like gambling, where you can use your skills and win more than you lose so you'll end up profitable in the long run.

This is an opportunity for us if we are active in crypto because we are trading a high risk asset, but if we are good already and consistent in trading, well, making money should not be hard for us, and we would love the fact that we are trading high risk assets.

There must be risk involved in doing business it is not possible to do business without risk if you have good knowledge about trade the risk will be less. Trading charts need to be followed along with trading strategies analyze the trading charts and proceed as planned trade and work according to plan for the risk of losing or gaining.

It's a very tricky thing @trading. If your in experienced, you never can fully tell how long you are to hold a loosing position on a trade. There is a technic and it should be in your setting of stop loss margin and the same applies to take profit margin. No one likes loosing and as such, you tend to hold a loosing position with hope that it would turn back in profit. Eventually, it just might not and you end up loosing more than you can afford to loose.
Always put your stop loss just before the previous lower low at the support level and take profit close to the higher high at the resistance level. Once these places are broken, it signifies a possible break out so, you've just got to love the trade before you make the mistake of loosing more than you could bare.

Indeed, stop-loss is a good idea for those who can't tolerate losses in trading for a long period.
We know that bitcoin and some altcoins be able to recover and reach the ath again someday, but most of the altcoins can't survive in the market, so it is better to sell those coins rather than hold it for long term in hope it will rise again.



Unless you know how to swim ;D
Don't jump into a pond, immediately after you see it because we never know how deeps is that perhaps there is a crocodile in the pond.

In order to trade, you have to have the mentality of bearing losses. There will be losses and profits in trading. No one wants to see losses. Everyone just wants to make big profits, but everyone must keep in mind that there will be profits and losses in trading. The focus here should be on reducing losses. Traders develop different strategies to reduce their losses. So traders should prepare themself well before coming to trading.

Actually it's not a good one to blame the person who refer you to bitcoin.Did you prise the person, who referred you to bitcoin after huge rise in bitcoin price ! Mostly no, so it's not a correct one to scold for the introducing. Specially bitcoin differ from other crypto currency. Any time, you will get back the profit from bitcoin in a short duration and it won't be possible in other altcoin.

There is no other advice that worth more than what OP is trying to pass across. This is especially for newbies who believe trading crypto is making money quick. Many of them are not even aware that one can lose all in trading.
I wish I had someone tell me this when I started out trading. I traded with what I couldn't afford to lose and that set my emotions on high causing me to make some very bad mistakes.
Another advice that is very similar to this is to trade with only spare cash. Do not trade with money that is needed to run the day-to-day activities of your life.

true, if you are rich like you have mentioned then you would not even bother to regret anything that you have done before. but still money is money and losing that amount of money must be really hurt even though i didn't have that much money anymore. that is why trading requires lot of factors to work not just solely based of charts and done

just imagine if you getting that money from lending and lose all, what would happen in your life? i woiuld advise you guys to not ever trade with others money.