Altcoins enthusiast
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Activity: 490
Merit: 17
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June 29, 2018, 07:45:13 AM |
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Trading in bitcoin and others digitals cryptocurrencies is a very risky venture and you are not to go into it with your capital without high knowledge in what you are doing. You should spend more time to learn and develop your skills than rushing into trade. However, remember the risky trading are the better profits you make from it.
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ChrisPop
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Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
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June 29, 2018, 07:49:38 AM |
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First of all you need to get rid of your emotions. You can't trade if you are emotional about your positions. Then risk management is a MUST. You need to set clear Stop-Loss areas and have a TP target. Also to minimize risk you can move up your SL to secure profits. Thoroughly analyse your trades, don't hurry and take your time. Remember, not taking a position is also a position!
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rainezerr401
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Activity: 294
Merit: 10
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June 29, 2018, 08:22:24 AM |
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Hello fellas. I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky. You as a trader, how did you face the risk in trading in order to lessen the possibility?
Risk will be always at your side if you will go on trading but it was better more than gambling, there will be always a risk and it was high depending on how much coins you invest.
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112_blockchain
Jr. Member
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Activity: 65
Merit: 1
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June 29, 2018, 08:40:48 AM |
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Most importantly, in order to reduce the risks in cryptocurrency trading, you need to develop a trading strategy that you will adhere to under any circumstances. Only by adhering to this rule, you will be able to earn.
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TheUltraElite
Legendary
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Activity: 3052
Merit: 1327
Take good care of your parents!
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June 29, 2018, 09:04:03 AM |
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Hello fellas. I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky. You as a trader, how did you face the risk in trading in order to lessen the possibility?
You cannot "lessen" risk in trading. The return coming from trade is based on the market risks. Understand those risk and act accordingly. Otherwise do not invest into trading. Once you gain enough experience you can still make mistakes. Its not that every trader makes profits everyday. Risk will be always at your side if you will go on trading but it was better more than gambling, there will be always a risk and it was high depending on how much coins you invest.
Gambling is a much more risky thing to do. Buying an altcoin though with proper analysis you still have something (shitcoins) to sell in future if you want. Who knows what can go up in future. But in gambling its one click of going all in and its burnout.
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funnynews
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June 29, 2018, 09:20:49 AM |
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If you are afraid of trading, let me suggest you to start from a little amount and then slightly increase your money trading until you will be confident of what you are doing.
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mega
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June 29, 2018, 03:34:55 PM |
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It is said high risk high profit,If you want to take risk you will gain high profit as well.But risk in investment must invest wisely,Dont put all eggs in one box must diversify the investment.Invest in different stable coins to minimize the risk of loss,There is massive potential in trading just need to learn and educate yourself regarding coins and market finally will win.
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Got my account back! It was hacked. Sorry about it :|
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vintages
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June 29, 2018, 03:52:39 PM Last edit: June 29, 2018, 05:34:31 PM by vintages |
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Every business and investment is risky and so does cryptocurrency trading, so its not as if it is selectively risky. The more reason why cryptocurrency trading is being regarded as having the highest risk is may not know which direction it is heading to and if not careful, all your initial capital becomes a waste. To trade successfully, monitor the market, trade with money you are willingly to give up, manage your emotions and don't be greedy.
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boyshx
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June 29, 2018, 03:58:09 PM |
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Hello fellas. I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky. You as a trader, how did you face the risk in trading in order to lessen the possibility?
Your questions meaning is misleading. Well, crypto currency trading itself is a big risk, and yes you heard it right. The fact is we dont know how the crypto trades might work up for us the we start with them. Now anyone who was trading in the January this year or lets say few months ago might be in the complete loss because the crypto as whole is down the line in terms of its market value. Thus, it has become hard for them to come out of it in the current dip. So you see that kind of investment can be risky and unwanted risks are always there in this market.
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TheUltraElite
Legendary
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Activity: 3052
Merit: 1327
Take good care of your parents!
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June 30, 2018, 09:58:14 AM |
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If you are afraid of trading, let me suggest you to start from a little amount and then slightly increase your money trading until you will be confident of what you are doing. If they dont analyse the market they will never be able to make any profit and thus will never gain any confidence in trading. Increasing the amount of capital everyday is a bullshit idea for newbie traders. Why would they even risk money before knowing about how the market moves? Newbies should spend time on analyzing the last-5 year market graphs and how news and FUD moves the market. Then only should they start trading. It is said high risk high profit,If you want to take risk you will gain high profit as well.But risk in investment must invest wisely,Dont put all eggs in one box must diversify the investment.Invest in different stable coins to minimize the risk of loss,There is massive potential in trading just need to learn and educate yourself regarding coins and market finally will win.
Stop shitposting like this. I have seen posts saying the this same thing over and over again.
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noictib
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July 01, 2018, 09:54:27 AM |
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Hello fellas. I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky. You as a trader, how did you face the risk in trading in order to lessen the possibility?
To do a job of trader is matter of experience , if you will spend more and more time then surely you will get more and more knowledge in this field to become a more experienced traders and to become a successful trader we need to become a experienced . To become successful it is a big factor that you should follow your own strategy of trading so that you can handle profit and loss according to your need . Here no doubt that it is risky field to make earnings , but you should know that every field of the cryptocurrency is full of risk , you just need to understand that in which cases you will face loss and also you just need to understand that from which case of use loss will change into profit in small time . A big key of success in this field is that we should buy at dump of the market of the coin , but at that time most of the people get into fear , but you should not get into fear and be stable and not to sell until you make profit .
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vishudda
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July 01, 2018, 10:27:28 AM |
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Investment itself is a risk. there is no way that we get profit with 0% Risk. You need to play the safe game to be risk-free but the profits will be less. when you have a number of currencies (if it is an altcoin) you will be able to gain more profit but putting the whole money is also a risk. You can start with some amount to experience how better you can do trading and get profits based on that you can increase the amounts you are investing in and become a perfect trader.
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frowsiter
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July 01, 2018, 10:30:46 AM |
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As soon as you will enter the trading market then you will fin yourself in the risk zone. Well, nothing is stable here and its pointless to think about crypto getting stabilised one. Thats wrong and that is where people take most of the risk by thinking it that way. The crypto trading comes with many strategies and if you really want to play very safe then just go for the long term holding trades. In this one you will always keep yourself saved from the too many ups and downs and getting panic about it. You will finally end up with huge spikes on your trades and holding and thus gaining profits. So try that way of trading rather than swings, day trade and margins trade.
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VitKoyn
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July 01, 2018, 10:57:47 AM |
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Hello fellas. I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky. You as a trader, how did you face the risk in trading in order to lessen the possibility?
Either you go for investment or trading, there will always be a risk so before entering in this kind of profit making you should understand that there is no easy money on this especially with cryptocurrency market which is highly volatile. For a trader to face that risk, the number one thing is you should not trade with your emotion or else there is a huge chance that you will always lose your trades as well as your money. Always have a strategy before making a trade, what I mean is have a target price where you will get out or get in, and you should not always expect that you will always make a profit in short term trades. If you want short term trades then aim for small profit.
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TheGreatUnknown
Newbie
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Activity: 149
Merit: 0
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July 01, 2018, 11:11:31 AM |
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There is no such thing as to lessen the risk, trading requires risk once you started buying something. I remember in my previous seminars that I attended to learn more about trading the speaker quoted, "low risk, low reward but high risk high reward" I think this is true in some sense in order to gain, you must be willing to take the risk.
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Findingnemo
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July 01, 2018, 11:15:01 AM |
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Hello fellas. I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky. You as a trader, how did you face the risk in trading in order to lessen the possibility?
Either you go for investment or trading, there will always be a risk so before entering in this kind of profit making you should understand that there is no easy money on this especially with cryptocurrency market which is highly volatile. For a trader to face that risk, the number one thing is you should not trade with your emotion or else there is a huge chance that you will always lose your trades as well as your money. Always have a strategy before making a trade, what I mean is have a target price where you will get out or get in, and you should not always expect that you will always make a profit in short term trades. If you want short term trades then aim for small profit. To solve the risks in trading make an investment in crypto currencies and make some experience after that who West much more amount that you want in this crypto currency field .
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[/tabl
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BetadiNe
Newbie
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Activity: 196
Merit: 0
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July 01, 2018, 11:50:04 AM |
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I think the key to trading is sure, be patient and patient, because if you do not have it all, if something happens to you it will be easy to give up, let alone trading crypto like this is risky, so you have to be mentally ready.
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GDragon
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July 01, 2018, 01:03:51 PM |
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Face it confidently, in short to do that you need to earn different thing that can help to enhance your skills. Learn many things that support yourself and avoid only risking to gain nothing
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kotajikikox
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July 01, 2018, 01:23:58 PM |
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Hello fellas. I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky. You as a trader, how did you face the risk in trading in order to lessen the possibility?
Trading job need to have an brave heart and accept the fear of risk in the trading job and of course need to focus your job to avoid loses alao continue study about the flow chart analysis which coins ahave an potential to grow in the marketcap.
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ajqjjj
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July 01, 2018, 01:57:35 PM |
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Hello fellas. I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky. You as a trader, how did you face the risk in trading in order to lessen the possibility?
Trading job need to have an brave heart and accept the fear of risk in the trading job and of course need to focus your job to avoid loses alao continue study about the flow chart analysis which coins ahave an potential to grow in the marketcap. Trading is not a job because it is one kind of business you should spend your money then work hard it will make profit. Flow chart is not useful this case only historical chart is identify the right program. If you learn in enough knowledge this platform you will survive in long term.
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