Don't trade what you can't risk loosing

[lienfaye]

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.

[Ronaldcoin2017]

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.

[carlisle1]

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.

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.

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 .

[coinfinger]

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.

[Mumbeeptind1963]

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.

[Yatsan]

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.

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.

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.

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 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.

[el kaka22]

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.

[hahay]

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 same risk are the one who provides the big benefits, the more you take it the more bigger the profits that you can take. The basic rules needs to take place as always, do your research and make sure that you fully understand the venue that you are taking in order to balance the risk that you'll going to take, most of those losers forget about dealing with deeper research and knowing how to understand each opportunities.

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.

[tbterryboy]

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.

[Negotiation]

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.

[qmclak]

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.

[iv4n]

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!

[jhonjhon]

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.

[binhvo1505]

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.

[fabiola!]

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 

[FanEagle]

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.

[matchi2011]

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 

In any case, everything always depends on experience. There are people who intentionally lie thinking that by doing so they increase their significance, and there are people who are naturally mistaken because they have rather limited experience that does not allow them to look wider. Over time, an understanding comes to a person, depending on the amount of misses, an understanding of the risks.

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.

[TheGreatPython]

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.

[Yourhomeboy]

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.

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.

[milewilda]

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.

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.