Don't trade what you can't risk loosing

[bitgolden]

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

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.

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.

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.

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[HatakeKakashi]

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 .

[mdzahed134]

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.

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.                        

[Utoy101]

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.

[SacriFries11]

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.

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.

[Negotiation]

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.

[wozzek23]

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.

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.

[Japinat]

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.

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 to make money easily from trading is to analyze trading charts well.

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.

[South Park]

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.

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.

[rose9696]

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.

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.

[ololajulo]

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

[tbterryboy]

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.

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.

[bearexin]

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.

[hahay]

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

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.

[nelson4lov]

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

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.

[yupi84crypto]

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.

[Quidat]

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

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.

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.

[Subbir]

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.

[TheUltraElite]

I agree that in trading use capital that we can afford to lose.

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.

Because trading is not as easy as we imagine, the risk is very high.

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

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.

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.

[Innerpumper]

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.

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.

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.