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Author Topic: Those that hate risks!  (Read 1476 times)
mycryptoanalysis2019 (OP)
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May 26, 2020, 02:05:15 PM
 #1

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.
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May 26, 2020, 04:19:57 PM
 #2

I agree.
People could however minimize risk  by learning to trade and trading with little amount, or what they can afford to lose until they have mastered the business.
Fear will be reduced if you don't take too much risk with money and you will be more relaxed in the the course of learning.
In the end good traders would be making more and losing less.
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May 26, 2020, 04:37:49 PM
 #3

You are right. If we want to be successful in trading, we shouldn't be so afraid and even hate the risks. We must know that the risks are always there, they are something unavoidable. The right way isn't being afraid but knows it well how to handle or deal with the risks. We can minimize the chance of getting the risks if we know how to prevent it.

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May 26, 2020, 07:36:45 PM
 #4

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.

In as much as being able to take risk contributes to being successful in any form of trading, i'd say taking calculated risk or risking the cash you can afford to lose is the proper go-to strategy. I've seen a lot of people burn up their portfolio all in the name of following the cliché "THE BIGGER THE RISK, THE BIGGER THE RETURN". I always trade by, as well advise people to take calculated risk because once you burn your entire portfolio, you won't get the chance to try again another day.
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May 26, 2020, 08:25:20 PM
 #5

Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.
It seems too hard to access your points; but I cannot ignore the facts you are trying to convey. I can understand your 9 years of experience from your statements still I believe trading is all about making more profits than the losses. I can get you this way only. What is the point of trading if we keep losing and making profits at same level.

You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.
So far, my understanding about the fear factor is not something different from your view as I treated fear as one of emotion failure and I do believe only courageous traders are able to risk more to get more rewards. Yes, I agree only when we remove fear then we can find more opportunities. People who are afraid of losing capital should not trade at all.
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May 26, 2020, 08:34:34 PM
 #6

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.

Easy to say but actually a hard thing to get rid of, im also a forex and stock trader for how many years and due to experience you will surely mold up that kind of mindset or discipline on making yourself fearless or emotionless when it comes to scenario but somehow there are really situations that you cant really avoid not to react even how pro or veteran you are.Why? we are just human and do have emotions even though you've been here on this market for too long you cant still guarantee that you wont make any mistakes. Investment do always matter on how much you do risk on and if you dont like to risk or losing money then its just normal for you to stay away but to think, what would be the only way for you to make profits? by risking of course, you will
still end up on the same path.

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May 26, 2020, 08:42:33 PM
 #7

~snip~

The best way to see the trade is as a business, similar to any traditional business, with the difference that the ROI in this case is much faster, some businesses calculate to obtain 20% to start the profits from the 3rd year, in the trade you can get 30% almost that in a single movement, the important thing is to see it as a business with profits in the medium or long term but that is safe.

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May 26, 2020, 09:00:36 PM
 #8

I don't fully agree with what's been said.
Everyone hates to lose the money, even the most successful traders, but what it's important is how you handle the loss and if you are prepared for it.
That is why risk assesment is very important and you should never invest more than you can afford to lose.
As long as you are aware that loss is inevitable part of trading and that you always need to.have recovery and back up strategy that works, you are all fine.

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May 26, 2020, 09:09:42 PM
 #9

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.

That's the reality and I agree on that point.

Trading might be a money generator to others but that's also a money-losing method if a trader does it the wrong way. But losing is part of trading so that's usual. As long as traders can maintain their good winning compare to losing, everything is fine.

But how to maintain that winning? Remove doubt, fears, and take the risks. There is no easy money so challenge yourself to reach the top.

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May 26, 2020, 09:18:38 PM
 #10

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.

I think that this has to be rephrased a little. Nobody loves to lose money. The tricks are: to trade only money one affords to lose and to gain more than he loses overall (else sooner or later he'll have to find better ways to make money).

But you seem to be missing the big picture. There are plenty of ads telling how easy crypto trading is and how easy will one get rich almost overnight. Many people don't understand that an ad is not necessarily true, especially on the internet and many just get their money from referrals. And many trade or invest their lunch money (if they are "lucky") or the money that should "feed" their entire family for a month, or their retirement money, and the list can continue.

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May 26, 2020, 09:34:22 PM
 #11

I don't fully agree with what's been said.
Everyone hates to lose the money, even the most successful traders, but what it's important is how you handle the loss and if you are prepared for it.
That is why risk assesment is very important and you should never invest more than you can afford to lose.
As long as you are aware that loss is inevitable part of trading and that you always need to.have recovery and back up strategy that works, you are all fine.
Agreed, risk is unavoidable not only in trading but on life as well, the trick is how to minimize your risk while at the same time you maximize the potential benefits you can get, this is what makes a good trader, most of the traders that fail on the markets are those that are unable to accurately determine the risk they are taking and then when something unexpected happens they take such a blow that their losses become unmanageable, on the other hand a good trader will see the risk he is incurring and will find a way to reduce the negative impact on his capital, as such a decent amount of caution is needed but not so much that it freezes you when something unexpected happens.

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May 26, 2020, 11:27:44 PM
 #12

Risk is a part of trading they shouldn't forget that since we are talking about money. Gaining and losing is all part of trading, that's why there's a risk management to minimize the losses versus what you gain. It's like gambling—you need some strategies and skills in order to gain from the other people who do trading too. Bitcoin is quite well-known of its volatility that's why everyone has a chance to gain. People should know how to gain more than to lose more over gaining when trading, just buy low and sell high.

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May 27, 2020, 06:01:42 AM
 #13

Well it takes time to develop to remove your fear of losing money in trading especially those beginners, it is not easy but ye I agree if you want to be successful in trading you must remove your fear, just be confident and also you must have strategy.
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May 27, 2020, 07:20:46 AM
 #14

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.
Very well said mate. I have seen people who start to trade and always complaint about how they are losing their money in trading.
People should actually learn more about trading before they start to trade and know the fact that trading is a risky game.
It's never guaranteed to make your profits in trading and it's purely based on luck and some skills you have on how to build strategies to trade.
It involves risks and that's why a person should never invest more than he can risk to lose.
Only a calm person can become a successful trader since patience is they key to trading.

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May 27, 2020, 08:36:15 AM
 #15

Whether fear or no fear, I see passion as important to whatever calling you want to succeed in. Trading is a serious business, handwork or profession, so you can't have less passion for it. Your passion in what you do keep helping out even fallen times, you are ready to continue trying different methods on the way to success.
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May 27, 2020, 09:51:42 AM
 #16

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
That is why we say that crypto trading is not suited for everyone, specially those who can't take the 'losing' part. If part of the gamble, if you don't understand how the system works and don't have a plan B or plan C, then better quit early to not lose more money.

I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.
I also have some experience in stock trading, so I know when to take the risk and I don't fear losing. Its part and parcel, no risk, no reward. Those opportunity are there to be taken by those who are losing to go.

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May 27, 2020, 09:54:46 AM
 #17

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.

True, those who succeeded in crypto trading have been those who have mustered and not fear about losing money. For them, it is a big psychological battle, they equip themselves with knowledge and experience and only think that they are going to win at the end. For the weak heart, it is very different, they have losing so the moment they got burn, they get out early, hence the term weak hands. So before someone goes into crypto trading, they should be really prepared to lose money in order to make more, simply as that.

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May 27, 2020, 01:25:11 PM
 #18

If you look trading as an opporunity to grow and to earn, then go for it. Take all the possible risk that it will take. But if you look  at trading as a threat and is a coward to try it out then you are not in the right place. Taking the risk is one step for success. But there are some ways for you to procceed and set aside fear.
 
 
  • Stop loss
  • Collect needed tools and continuous learning about trading shall incorporate
  • Risk Management plan
  • Stop profit limit or profit goal in every trade to minimize greed

 If you try to trade and fail, why give up easily?
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May 27, 2020, 02:02:43 PM
 #19

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.

That's the reality and I agree on that point.

Trading might be a money generator to others but that's also a money-losing method if a trader does it the wrong way. But losing is part of trading so that's usual. As long as traders can maintain their good winning compare to losing, everything is fine.

But how to maintain that winning? Remove doubt, fears, and take the risks. There is no easy money so challenge yourself to reach the top.

There's no shortcut way on making money and thinking of on easy money or getting rich do just only happen in our dreams but in reality we would really need to work hard to achieve it.
One of the factors that do highly affects us is on our emotions its hard to control it when we do already dealing up with money and its just normal for us to have that fear on losing
but for us to make some gains then we do need to risk.If we really cant afford to lose up a cent then investment thing isnt really for you.Its your choice!

R


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May 27, 2020, 02:32:29 PM
 #20

We can also apply the law of attraction in trading. Which we should always be positive. What the more we are thinking the more gonna happen.
Being negative for every trade is extremely awful. You should not be negative at all especially you are risking money, trading is not just a simple game.

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May 27, 2020, 03:23:41 PM
 #21

OP tell the truth. When you want to trade, you should know that trading will have two option, which is to lose some money or make a profit. But I think in the crypto trading, you will really lose the value when you don't sell your coin at the high price, but you hold the coin because you want more profit. That moment will be the best moment for you because you can make a big profit from trading so you need to use that moment to sell your coin so you can buy back again at a low price.

If we can accept the loss, and we still learn more about trading, we can have a chance to make a profit. It is normal to get lost because the pro trader gets lost too so we don't have to worry because we will have the time to make a profit again.
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May 27, 2020, 03:39:00 PM
 #22

Yes I agree. Before trading do some research and off course risk is must without risk can't learn anything. In trading firstly if you are a beginner should start with small money which you are able to lose. Keep doing the same with some more extra money and trade by risking so that you can experience and get to know the things well. Latter you will be able to trade without any fear.

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May 27, 2020, 05:37:07 PM
 #23

I am one of them, I hate taking too much risks honestly because to me risk means there is a chance I may end up losing money as well. That is why I invest and not trade. Trading means there is a chance I could end up losing money, trading has risks. But to me, I am investing and that means there is no way I could lose money if I could hold long enough. So long that I am actually saving for my retirement and that is very important to me since I want to retire early.

I like working, and I like my job as well, but if I retire early and have an income that allows me to not work whenever I want to, that gives me a freedom to do more things. Not that I will stop working but for example I could go to vacations better, I could get sick and not lose all my income suddenly, I could basically do whatever I want.
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May 27, 2020, 05:59:31 PM
 #24

I totally agree with this. There is always a risk when you enter trading. Actually, there is already a risk once you enter cryptocurrency so expect that entering Trading of cryptocurrency would by risky for you. Although, I do believe that you will not succeed in trading if you do not take risk. Risk is everywhere, you just have to learn how to manage risk and turn those risky moment into profit. I have been trading since 2016 and I must say that the primary reason why I earn a lot of money is because I take risk.

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May 27, 2020, 06:15:23 PM
 #25

'Fear' is a trait we're embellished to enable our survival be it in the wild to fear bigger predators or in different types of industries like crypto trading. While some view fear as a limitation to one's ability to earn more money fear is ultimately the inner voice telling you that maybe it's not a good idea to trade all your money in case something goes wrong - which let's face it almost always can go wrong due to unexpected factors. SO fear isn't all that bad/good but an emotion we must listen to carefully before deciding to take action.





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May 27, 2020, 08:21:22 PM
 #26

Trading is not meant for everyone. Anyone that wants to be a trader should understand and try evaluate the level of risk they are able to take and see whether it matches the level of risk they are required to take in trading cryptocurrency assets or stocks.

There is a platform I usually use for buying bonds, before you invest your money , they will require you to take some test to know the level of risk you’re able to take and after the test they will know the investments to recommend to you, either high risks, medium or low risk investments. So, this is something everyone needs to put into consideration before going further into this kind of business.
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May 27, 2020, 10:20:58 PM
 #27

Risk in business is not for everyone, back when in secondary school I do remember in economics. Where we are been taught risk management on our day to day life. When it comes to business risk it's also stated that one risk what he or she knows it will not bankrupt in future.

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May 27, 2020, 11:13:56 PM
 #28

Those who hate risk should not engage into risky activity, like trading in crypto or investing since it's a high risk activity.

Complaining cannot change the fact if a trader loses money, he should star learning if he wants to pursue his goal in crypto as being realistic and accepting our mistake would really help us to improve in the future, and lastly, I believe that successful people does not easily give up, they don't complain when they lose, instead they challenge themselves to improve.

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May 28, 2020, 04:29:29 AM
 #29

The risk will be there, behind on trading, but we can prevent the risk or minimize the risk by learning how to do that. We need to make a deal with the risk so we don't need to be afraid because as long as we can trade with carefully, I think the risk will not be bigger as we think. We can also learn how to trade so we can reduce the risk. You don't need to hate the risk, try to realize and try to be careful to analyze the market, and you're good to go.

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May 28, 2020, 04:47:16 AM
 #30

right. we should identify this job as gambling. It's all about probability and you only win when you control your emotions and manage your capital well. especially, we need to have reasonable trading plans to make more profits than losses. we always know a rule, it's go big or go home. take risk and get rich or you will never have anything in your whole life.

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May 28, 2020, 07:54:56 AM
 #31

Trading is not gambling, someone has a chance to avoid some loses.

I heard a lot of people there who stated that gambling have similarities with gambling but in my opinion they are wrong to make the statement.

Trading has a lot of strategy, if you can manage as much as strategy theb you just have a chance to lose your money, but it is otherwise when you just come to trading but you don't know everything, most likely you have gambled for your money.

Also, using money that you can afford to lose is another way you have a bunch opportinities to lose your money. I've been thingking this way and I have felt by myself that's true. Using money that I can afford to losw will more profitable then when I use money that I can't I afford to lose.
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May 28, 2020, 02:40:26 PM
 #32

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.
Then, it is to say also that not all are meant to be a trader since not all of us here are strong enough to take the risk and could afford to lose.
This is just like you can't be a teacher if you don't know how to teach...

The positivity of our mindset will take a lead into a better result, that even how much risk it is, even we could possibly be suffering losses but we don't make it a big deal coz basically, we can't be successful if we don't face the challenges.
I'd love to see people become successful but not knowing how hard they do just to top over the wall and achieve their goal.
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May 28, 2020, 02:56:04 PM
 #33

Just reading through the reply and noticed people are emphasizing so much on lossing money been the norm in the market that most new traders will been programmed into thinking lossing money is ok especially when it comes to risky discussion like trading. The main issue here shouldn't be whether you lose or not but what did you learn from the experience. What's the point of a trader continues to loss money and he/she isn't learning from the mistakes that cost that lost.

Why they say lossing is somehow ok to some extent in the trading business is because it should teach you how to better your trade and make you perfect your craft so to avoid future loses but if you're not achieving that then quit and go look for something else that will bring profitability. Not everyone can be a trader, we have great investors that are losing in the market just because they have been pressured into thinking they can be traders.

If you have a problem with risk then there are better ways to take calculated ones that are most likely going to give you profits on the long run which investing should be one of them and not trading.

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May 28, 2020, 03:19:01 PM
 #34

We can also apply the law of attraction in trading. Which we should always be positive. What the more we are thinking the more gonna happen.
Being negative for every trade is extremely awful. You should not be negative at all especially you are risking money, trading is not just a simple game.

It is very difficult to stay positive when the price of bitcoin is falling and you have taken the X20 leverage. It is obvious that this is not enough, you need to understand the cryptocurrency market in addition to the positive. But with experience comes peace of mind when the price does not move at the rate you set.

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May 28, 2020, 04:06:26 PM
 #35

We can also apply the law of attraction in trading. Which we should always be positive. What the more we are thinking the more gonna happen.
Being negative for every trade is extremely awful. You should not be negative at all especially you are risking money, trading is not just a simple game.

It is very difficult to stay positive when the price of bitcoin is falling and you have taken the X20 leverage. It is obvious that this is not enough, you need to understand the cryptocurrency market in addition to the positive. But with experience comes peace of mind when the price does not move at the rate you set.

Experience is rightly said to be the best teacher. Things changes when you know how it can turn or how it has happened and what we have learnt from it. Also sometimes people perspective does also play some role like if they will be able to handle pressure, calm during storm time, have patience to hold it and let go for some time and how can one bounce back again from the fall are important things which also makes person to know if they will be ready to take risks or no.

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May 28, 2020, 05:59:21 PM
 #36

We can also apply the law of attraction in trading. Which we should always be positive. What the more we are thinking the more gonna happen.
Being negative for every trade is extremely awful. You should not be negative at all especially you are risking money, trading is not just a simple game.

Lol being negative is part of fear. Negative is sure if a trader isn't sure of positive result. Negativity is opposite if positive. So if a trader isn't sure of the trade, no other option than to be negative. Proper training is the solution for a negative trader.

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May 28, 2020, 06:37:05 PM
 #37

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.
If you remove fear from human endeavour, then also remove other emotions as joy, happiness, love etc. They're all a part of human existence. On the flip side, fear is an intrinsic element that keeps humans in perpetual check. It can't be done without. I have heard people talk about removing it from trading on several occasions and I laughed it off. Those are noobs giving lectures on the psychology of trading. Fear is human just like happiness is. Every trading experience should come with it.

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May 28, 2020, 06:48:40 PM
 #38

We can also apply the law of attraction in trading. Which we should always be positive. What the more we are thinking the more gonna happen.
Being negative for every trade is extremely awful. You should not be negative at all especially you are risking money, trading is not just a simple game.

Lol being negative is part of fear. Negative is sure if a trader isn't sure of positive result. Negativity is opposite if positive. So if a trader isn't sure of the trade, no other option than to be negative. Proper training is the solution for a negative trader.
If you chose to be negative, then don't trade in the first place because it will only make you lose your capital. Trading needs more focus and positive thinking and if you are good at it, you will less likely to committ losses. And since trading is a risky one, make sure to have a risk management and invest only on the amount you can afford to lose.

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May 28, 2020, 06:49:59 PM
 #39

at least you feel calmer when the cryptocurrency market is in a stable position and cryptocurrency prices fluctuate without sharp jerks up or down. but the Law of villainy infuriates itself, which happens very often when you sell an asset at an increased price, and the market continues to grow further or vice versa. at least you always need to keep calm, in any situations, but when it comes to extra money, it’s very difficult to calm down.

#business #forextrader #bitcoinnews #invest
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May 28, 2020, 07:46:31 PM
 #40

You do not really have to live a life that is full of risks, people may also have risky lifes already and do not want extra as well so who knows. I personally feel like maybe we have overdone this risk thing already with all those leverages that are 100x and all the margins and lending and whatever which are all fine if you are a professional trader but I have seen too many regular folks who never traded before got into those things as well and they usually end up losing a ton of money before they could make some money.

I think the best way to deal with bitcoin is the simple fact that just buy it, store it, forget about it. That is what I have almost always done except few times when I needed money and had to withdraw some to pay for some extra stuff but that was fine as well for me.

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May 28, 2020, 09:39:11 PM
 #41

Crypto trading is indeed not for people that cant takes the risk due to the market volatility which exactly the same thing that makes some people compare crypto trading with gambling. Aside from that, every business that flourishes will accept debt at a point but risk and lost in crypto trading can still be amended/avoid if the traders have reasonable knowledge about crypto trading and experience in decision making.
In other not scared the newbies, crypto trading is not always about lost.

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May 28, 2020, 11:38:44 PM
 #42

We can also apply the law of attraction in trading. Which we should always be positive. What the more we are thinking the more gonna happen.
Being negative for every trade is extremely awful. You should not be negative at all especially you are risking money, trading is not just a simple game.

Lol being negative is part of fear. Negative is sure if a trader isn't sure of positive result. Negativity is opposite if positive. So if a trader isn't sure of the trade, no other option than to be negative. Proper training is the solution for a negative trader.

The topic alone is really out of my own views, now when he says those that hate risk, is risk something one has to hate. Let's say we don't hate risks we only hate loosing our funds just like this:
Quote
Negativity is opposite if positive

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May 28, 2020, 11:56:44 PM
 #43

It is  good to take a risk but it must be a calculated risk and not just jumping into the boat. Life itself in its entirety is full of risks

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May 29, 2020, 01:57:28 AM
 #44

There will be risks regardless of what we do We should attempt to move forward minimizing risk. do not be discouraged when it involves doing business Always need to think positive Negative puts everything at a loss there's nothing like hating risk. you've got to undertake to avoid the danger by checking it well there's nothing to be scared of when it involves risk management. Planning ahead will reduce the danger and increase the demand.
In any investment, there are risks that we can not anticipate and before investing need to consider carefully because when entering this market, only you can decide your future. In my opinion, if investors have good knowledge, they will avoid the risk of investment, but if it is a new investor, they will lose money in this market. I think there should be two plans when investing and should analyze many times before making a decision.

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May 29, 2020, 06:12:14 AM
 #45

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.
Exactly! A good trader must be a risk taker person with positive mind and not afraid to lose if ever because trading is a play of gain and loss. If you don't want to lose then don't try to enter in crypto trading. Crypto market is volatile and you can't avoid of losing but you should learn how to minimize it.

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May 29, 2020, 06:58:56 AM
 #46

Risk is a part of trading they shouldn't forget that since we are talking about money. Gaining and losing is all part of trading, that's why there's a risk management to minimize the losses versus what you gain.

Practicing risk management will really make you minimize your losses and will make you more confident in trading. Sometimes you should explore and understand first the risks of doing trading before you engage with it so that you know what are the results of doing that if you try it. You need to deal with the volatility of bitcoin when it comes to trading it.

Trading cryptocurrency is really the best and worth it if you have a successful transactions with that. Risk management is really effective for me whenever I trade, it made me more optimistic in trading and become more focus and wise in making strategy depending on the situation in the market.

It's like gambling—you need some strategies and skills in order to gain from the other people who do trading too. Bitcoin is quite well-known of its volatility that's why everyone has a chance to gain. People should know how to gain more than to lose more over gaining when trading, just buy low and sell high.

Gambling is much risky and you need luck for this platform to win, in gambling, strategies are not enough. While in trading, strategy, technical analysis, speculations and planning will guide you to have huge profits in a certain transaction. It is pure manipulation and not a luck based platform so it is less risky than gambling.
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May 29, 2020, 07:36:39 AM
 #47

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.
Yes, I used to hate risk and that's stupid. When bitcoin fell to $ 3k7, I hesitated and did not want to buy it. I waited until its price was lower than $ 3k7 to buy but in the end it didn't return and flew straight to $ 10k! This is one of my biggest mistakes and made me think again about myself. For those who do not want to lose money, we should stay at home and do jobs with a stable salary, but when investing, take risks. Those are the basics that can make you richer in the future.
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May 29, 2020, 10:32:20 AM
 #48

Trading is not meant for people who don’t like taking risks and it’s also not meant for people who don’t have enough money to take that risk. Even if you like taking risks, you still have to put some things into consideration so that you don’t end up making a mistake you will regret for a long time. That’s why risk management is very important.

You shouldn’t be afraid to take risks, but at the same time you should know how to manage your risk since your main purpose it to make profit and not loss. If you don’t put all these things in mind you will end up losing money all the time and your risk would be for nothing except loss. Managing risk is easier unlike most traders are afraid on it. Just with experience and practical knowledge anyone can minimize the risks which will definitely help them to maximize the profits.

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May 29, 2020, 10:47:15 AM
 #49

It is  good to take a risk but it must be a calculated risk and not just jumping into the boat. Life itself in its entirety is full of risks
How it could be a calculated risk?
It is called risk because we don't know what will happen next and we don't have assurance for gaining trades or a losing one. If we only know that the market will pump but tomorrow or on the other day/s, ain't no wonder why people won't jump into the boat. But somehow we don't know anything and that people will not try either as they are afraid of the possible results.

Trading is not a perfect place for those who are not capable of doing this and have negativity in minds. They always worried and live with doubts.

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May 29, 2020, 01:00:27 PM
 #50

It is  good to take a risk but it must be a calculated risk and not just jumping into the boat. Life itself in its entirety is full of risks
Good thing about trading is there a stop loss button. Always make sure to use this, but if any traders cant monitor their own trading page for the time being then set a limit trade where your target should stop at certain price. I usually used this often also it adds discipline on ones trading style, I am using Binance and the features of their exchange is really helpful, what i hate is somete it lag so much that your executed trade werent completed and when you see you exited on a lower rate and this is due to the slow response.

Remember no risk no gain, some will eventually lose cause I dont believe on 100% success, some will experience losing too.



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May 29, 2020, 02:57:31 PM
 #51

Make sure that if your losing money you should learn from that, every cent you waste should be worth enough to take back what you have lost. Keep in mind that, losing is a part of trading. Write down if you missed something which the reason why you lost. There's always a risk to everything in trading, try to avoid any mistakes that will lead you to another failure trade. Always monitor the market and stay updated.

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May 29, 2020, 04:06:38 PM
 #52

To achieve success in trading is not only about eliminating fear, because even if you are brave or not afraid of losing money, on the other hand you do not have a basic understanding of trading itself, the results will be lost. In trading, the main thing that you should have is understanding even though it is a low understanding or basic understanding of trading, but at least that understanding will be an asset for your own strategy in trading and not about eliminating fear, because every individual who has chosen trading at least they already have a good mentality to not be afraid of losing money.

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May 29, 2020, 04:17:38 PM
 #53

For me, that is always a saying to motivate myself to be more careful in trading. Because trading is gambling, a game needs to be alert to assess the situation. Although I knew it was a big risk, the feeling of losing money made me very angry, so I always learned more and managed better capital. We can see it as a motivation to promote ourselves.
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May 29, 2020, 05:04:28 PM
 #54

I have figured out that people who are not professional traders and have families tend to hate risk more frequently. The reason behind it is the simple fact that they have a family to take care of and because of it they can't put money at risk, when you do take risks you are not doing it just for yourself but for your whole family as well and that is not really something you can afford to do when you have a family.

But when you are single and living alone and have extra cash sitting around, risking it is easier because you are the only person you are responsible for and if you end up losing it the only person you let down is yourself. Of course, when talking about professional traders that does this as a job, things change and even when you are a family man, you still take that risks since it is your job.

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May 29, 2020, 07:32:42 PM
 #55

I have figured out that people who are not professional traders and have families tend to hate risk more frequently. The reason behind it is the simple fact that they have a family to take care of and because of it they can't put money at risk, when you do take risks you are not doing it just for yourself but for your whole family as well and that is not really something you can afford to do when you have a family.
Well then why do you need to risk what is needed by you or your family? You don't trade to risk what isn't worth to lose especially when it is dedicated for something/someone like family.
Trading is not a gambling where you need to put a lot of money just to gain, trading is much more deeper than that. We have a saying right? Don't risk what you cannot afford to lose.

But when you are single and living alone and have extra cash sitting around, risking it is easier because you are the only person you are responsible for and if you end up losing it the only person you let down is yourself. Of course, when talking about professional traders that does this as a job, things change and even when you are a family man, you still take that risks since it is your job.
Trading does not depend on your status, trading is for everyone who wants to trade but you need the boundaries and limits while doing it. Just like what I said, you don't need to gamble the food on your table just to expect a profit, trading does not work that way. See how the professional works? They are setting the lowest and highest goals just by simply enough capital to make gains.

And also we have a thing so called - risk management, every trader should know about the entirety of this.

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May 30, 2020, 06:37:00 AM
 #56

I have figured out that people who are not professional traders and have families tend to hate risk more frequently. The reason behind it is the simple fact that they have a family to take care of and because of it they can't put money at risk, when you do take risks you are not doing it just for yourself but for your whole family as well and that is not really something you can afford to do when you have a family.

But when you are single and living alone and have extra cash sitting around, risking it is easier because you are the only person you are responsible for and if you end up losing it the only person you let down is yourself. Of course, when talking about professional traders that does this as a job, things change and even when you are a family man, you still take that risks since it is your job.
Our subconscious mind is program on what we see, feel and understand when we are still young. If we have a family who hates risks and avoiding taking it, for sure that we are going to be a person like them who are avoiding eisky investments. There should be a reprogram that we should do in our subconscious mind in order for us to not be afraid or hate risky investments.

Playing it safe is more riskier than making investment in stocks or in cryptocurrency investments. Those middle class and poor persons are always struggling because of not lack of money but because of the fear and they hate taking risky investments. Success is in our hands so it is the reason why we should take and manage risks.
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May 30, 2020, 07:09:33 AM
 #57

Most of what I see in social media especially Facebook are more on profit. Win, win, win.
They won't let you see what or how much they are losing.

Sure, they will talk about risk but never about a big one.
Crypto currency trading is way too risky and yet they can afford to not tell the truth.
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May 30, 2020, 07:59:31 AM
 #58

Most of what I see in social media especially Facebook are more on profit. Win, win, win.
They won't let you see what or how much they are losing.

Sure, they will talk about risk but never about a big one.
Crypto currency trading is way too risky and yet they can afford to not tell the truth.
On facebook or social networks they show us the chance to win and big win, no one will share the truth with us. Newbies trust and hope too much, so when experiencing reality, they are too disappointed and and share it on the forum.
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May 30, 2020, 11:03:35 AM
 #59

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.

Most newbies would really expect that they're going to profit most of the time and hate losing. Yeah I understand how it feels when it comes to losing time and money if bear market dominates or an unexpected pullback. Real traders could understand that no matter what exchange platform are they trading nowadays. Even with arbitrage trading, there's no guarantee that the prices are staying put.

How would we know if we succeed or fail if we can't take risks? Coz' if we don't (like in all life aspects), our lives would remain the same. I took risks many times over the past several years. I had to admit that I failed in those risk-taking opportunities and losing a lot of money. However, it's also an opportunity to learn and be smarter in our decisions.

If you look at some of the successful businessmen and investors, the reason why they're living a life that they deserve is because of their "guts" in taking risks rather than being afraid or hating it. Of course, you can't just take risk without learning how to manage it. It's part of life, and we have to deal with it.

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May 30, 2020, 02:14:21 PM
 #60

There are a lot of traders are scare about losing their money and I think it is not appropriate because once you want to join into the world of trading you must not mind the money because in trading there is a huge chance that you will lose your money and still one of the best ways to do is remove getting fear many trading wants to make the trade on their own and some of them does not have enough idea it takes time before you understand the full concept on trading but if you have a will you can get what you want.

In trading, you must need to learn to free your money because once you made a mistake it can cause a zero balance. A successful trader build by its experience and knowledge also those experiences included that they lose up a lot of money. I'm a trader too and one of the best thing you should do or to adopt like I'm doing once I got lose on my trade I takedown on it and analyze what's wrong on my trade what are the factors why I loss what are the things I need to make improvement. I hope you can use this too.

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May 30, 2020, 04:23:06 PM
 #61

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.
Lol I don't think there is anybody that doesn't hate to lose their money, it's all about being determined and ready to take the risk. You just have to make up your mind and get ready for anything that comes your way, and that's the only way you can get better and start to succeed. Anyone who doesn't take risks in life might not succeed. This is a popular quote on investment risk: if you do not risk something then you will risk everything. So, everyone must focus on taking calculated risks.

You should step out from your comfort zone and work very hard and things will work out for you. Though before our start trading there are things you should put into consideration, like having enough finance, so that you don't run out of money and go very broke. That's why it's good to have another source of income before going into trading.
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May 30, 2020, 04:35:33 PM
 #62

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.
Lol I don't think there is anybody that doesn't hate to lose their money, it's all about being determined and ready to take the risk. You just have to make up your mind and get ready for anything that comes your way, and that's the only way you can get better and start to succeed. Anyone who doesn't take risks in life might not succeed. This is a popular quote on investment risk: if you do not risk something then you will risk everything. So, everyone must focus on taking calculated risks.

You should step out from your comfort zone and work very hard and things will work out for you. Though before our start trading there are things you should put into consideration, like having enough finance, so that you don't run out of money and go very broke. That's why it's good to have another source of income before going into trading.

True. Of course, anyone even the gamblers who are risking it every minute on the casino hates losing a bet because it means losing money. But why avoid making money?

Freelancing can make money with just risking the bare minimum of his time and skills, its making money in his own way. The freelancer still is risking a bit. Even if you invest in ROM still there is a risk. The platform could just shut down all of a sudden as it once occurs in crypto.


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May 30, 2020, 08:22:23 PM
 #63

-snip-
And vice versa. Excessive self-esteem can be fatal especially for trader portfolio. Excessive self-esteem will make traders careless. Instead of making a profit, only losses will be incurred.


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May 30, 2020, 09:19:44 PM
 #64

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.

I agree with you, but in as much as taking risk is a fundamental concept of trading, not every risk is worth taking and that's why every trade expert will advice you to take calculated risk when trying to go into cryptocurrency trading or any volatile market by using a spare cash or any amount you can afford to lose because the market can always go against you. Trying out risk management techniques such as stop-loss and T.A can go a long way in helping minimize risk
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May 30, 2020, 10:19:43 PM
 #65

Who doesn't hate uncertainty and thus risk altogether but these are what makes us better traders, investors and keeps us on our feet. You gotta take risks to make money otherwise stick to bank accounts and get 0.1% interest. Its almost a tool we can learn to utilise and once we get to understand it we can make better choices and get great returns.





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May 31, 2020, 01:47:18 AM
 #66

It is for those who have spent many years living in the market. As for new people, the psychology of fear is inevitable
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May 31, 2020, 04:00:53 AM
 #67

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.
I believe, those who fear of loss should not do trading and should go for long term investment.
Please correct me if I am wrong.

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May 31, 2020, 05:49:07 AM
 #68

Freelancing can make money with just risking the bare minimum of his time and skills, its making money in his own way. The freelancer still is risking a bit. Even if you invest in ROM still there is a risk. The platform could just shut down all of a sudden as it once occurs in crypto.
Yes, nothing works in our life without risks are being part of it. We need to accept risk in order to gain from it. It must be a basics of life. If trading is full of free from risks means it will not have any differences from air-drops. As we all know, airdrops usually will not worth the time we work for it. How we are dealing with risk is the thing which determines who will win and who will lose in trading. I mean a highly skillful trader may deal with risks in more effective way to minimize it which will work in favor of them to get more profits.

You gotta take risks to make money otherwise stick to bank accounts and get 0.1% interest. Its almost a tool we can learn to utilise and once we get to understand it we can make better choices and get great returns.
Agree. We must learn about risks. We must understand risks. We must find solutions to risks. Finally we must be ready to accept risks when it will be happening unexpected. If we are hesitating to face risk then it would be much better to stay within home and need to live with what we already have because after our home's entrance, everything is coming along with risks.

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May 31, 2020, 11:26:57 AM
 #69

I have figured out that people who are not professional traders and have families tend to hate risk more frequently. The reason behind it is the simple fact that they have a family to take care of and because of it they can't put money at risk, when you do take risks you are not doing it just for yourself but for your whole family as well and that is not really something you can afford to do when you have a family.

But when you are single and living alone and have extra cash sitting around, risking it is easier because you are the only person you are responsible for and if you end up losing it the only person you let down is yourself. Of course, when talking about professional traders that does this as a job, things change and even when you are a family man, you still take that risks since it is your job.

A trader who does not have a family is more likely to risk their capital just because they know that they will be responsible for a failed trade themselves. If you have a family, the consequences for unsuccessful trades will be borne not only by the trader, but also by his family members, who will be forced to reduce their expenses.

But in any case, you can not turn trading into a casino.

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May 31, 2020, 11:31:43 AM
 #70

I completely agree with you.
You really need to be a risk-taker if you want to succeed in trading.
On top of that, I think that everyone who has traded basically anything has had a loss from which they have learned of.
The rule that I go by is to only invest as much as I'm willing to lose.

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May 31, 2020, 12:37:25 PM
 #71

I absolutely agree with everything you have written, someone who does not like taking risks or someone who does not have a risk threshold for a little bit should definitely not trade in crypto markets or other money markets. When we look at the investment areas in general, we will see that many people do not have a high risk threshold and invest without any knowledge. That being the case, naturally, people like this think that investing is a bad thing and a money-losing action. If you want to make money by investing, the first thing you need to do is to raise your risk threshold, and the second thing is to learn to lose money.
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May 31, 2020, 01:55:28 PM
 #72

Crypto trading is indeed not for people that cant takes the risk due to the market volatility which exactly the same thing that makes some people compare crypto trading with gambling. Aside from that, every business that flourishes will accept debt at a point but risk and lost in crypto trading can still be amended/avoid if the traders have reasonable knowledge about crypto trading and experience in decision making.
In other not scared the newbies, crypto trading is not always about lost.

Risks can really make us more wise and flexible, it improves our good decision making and critical thinking skills. Every mistakes are lesson for us to grow more in using cryptocurrency in trading, there are a lot more that we need to explore to experience adjustments depending on the market situation.

Most especially if you're prioritizing and a full-time crypto trader, the risks is always high and you are the one who are responsible to make it much lower, you need to minimize the risks. Once you do that, you are accountable about the results and you need to accept the fact that no matter what results on your trading, you will accept it.

It is not that easy to engage in trading because of the cryptocurrency's volatility in the market, especially bitcoin. You need to understand and learn more about the essentials of trading in your assets. Once you experience losses, know that there are a lot of opportunity for you to recover, sometimes you need seize every moment and situation in trading.

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May 31, 2020, 02:11:50 PM
 #73

Strongly agree that people who are afraid of risk and afraid of loss will not succeed in trading. And there are no professional traders
always profit, even professional traders often lose. Because trading must be brave to face risks, and can also overcome loss. Therefore
trading is referred to as a high-risk activity, because we can generate large profits and can also suffered a big loss too.

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May 31, 2020, 03:32:59 PM
 #74

I absolutely agree with everything you have written, someone who does not like taking risks or someone who does not have a risk threshold for a little bit should definitely not trade in crypto markets or other money markets. When we look at the investment areas in general, we will see that many people do not have a high risk threshold and invest without any knowledge. That being the case, naturally, people like this think that investing is a bad thing and a money-losing action. If you want to make money by investing, the first thing you need to do is to raise your risk threshold, and the second thing is to learn to lose money.
If you do not accept the risk, it is best to leave this market early because before engaging in any trade, investors are warned of the risk, and if you lose money, it is your fault to participate.

I have never blamed others for losing money, but without the knowledge, it would have been very difficult to survive because the market was so volatile. Also, if you don't know the analysis, this can cause you to lose all your assets because every investor needs to learn clearly about crypto.
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May 31, 2020, 04:00:44 PM
 #75

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.
We also need to tell them how to do it.

Only possible way is to start with capital which is completely affordable to lose for the user, they need to consider this as learning fee.Once they are experienced here they can make profits more times than losses so in overall they will be in profits.
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May 31, 2020, 09:14:57 PM
 #76

Yes, I used to hate risk and that's stupid. When bitcoin fell to $ 3k7, I hesitated and did not want to buy it. I waited until its price was lower than $ 3k7 to buy but in the end it didn't return and flew straight to $ 10k! This is one of my biggest mistakes and made me think again about myself. For those who do not want to lose money, we should stay at home and do jobs with a stable salary, but when investing, take risks. Those are the basics that can make you richer in the future.
This is a clear example of why risk taking is a necessary condition for becoming successful as a trader, once the price has crashed that much many people keep waiting on the sidelines thinking the price will go down even more, and once in a while they are right but when an asset like bitcoin has lost such value so fast that is an opportunity good traders will never let pass as they will recognize immediately that bitcoin is undervalued and they have the chance to make a lot of money in a short amount of time if they are willing to take the necessary risks, and unfortunately many people simple do not have what it is necessary to buy bitcoin at that point since they are afraid of the consequences of making a mistake at that point.

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June 01, 2020, 04:31:10 AM
 #77

In this world everybody who has successfull without risk is impossible means risk is the start point  of success. There's no shortcut way on making money and thinking of on easy money or getting rich do just only happen in our dreams but in reality we would really need to work hard to achieve it. Who ever trader don't take risk in trades is definitely not going to be a successful trader. Risk is way of money where money go with speed it can be against you but it can be with you as well.

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June 01, 2020, 05:59:21 AM
 #78

Yes, I used to hate risk and that's stupid. When bitcoin fell to $ 3k7, I hesitated and did not want to buy it. I waited until its price was lower than $ 3k7 to buy but in the end it didn't return and flew straight to $ 10k! This is one of my biggest mistakes and made me think again about myself. For those who do not want to lose money, we should stay at home and do jobs with a stable salary, but when investing, take risks. Those are the basics that can make you richer in the future.
This is a clear example of why risk taking is a necessary condition for becoming successful as a trader, once the price has crashed that much many people keep waiting on the sidelines thinking the price will go down even more, and once in a while they are right but when an asset like bitcoin has lost such value so fast that is an opportunity good traders will never let pass as they will recognize immediately that bitcoin is undervalued and they have the chance to make a lot of money in a short amount of time if they are willing to take the necessary risks, and unfortunately many people simple do not have what it is necessary to buy bitcoin at that point since they are afraid of the consequences of making a mistake at that point.
True!! The more profit you can earn, the more risks you have to face! There's nothing but risks in the investing economy such as this cryptocurrency market. Take the risks if you want to get that profit. When you fail, don't hate the risk, you should hate that you didn't invest enough time to learn risk management. Risk management is critical before making any type of investment.

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June 01, 2020, 07:59:23 AM
 #79

If you would like to make a trade and afraid to lose your money trading is not for you. Trading is full of risk having a mistake on your decisions can make towards to loss your money immediately I prefer if you don't want to lose your money make an investment on time to take study about the use of the trading, trading graphs or the market graphs or trading indicators because it may help you a lot how to make more money. One of the things you could do to make more income is the margin trading and this is I highly make riskier to your trades it may cause of liquidity.

If you want to earn and don't want to lose money it is better to make an investment when the market price of the coin drops by that you can only get a small percentage of income. Profit is still a profit even it is a lose small or large amount.

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June 01, 2020, 08:05:42 AM
 #80

Trading like other investements are associated with risk, you cant guarantee a profit because it depends how you plan and execute it. Its a must to have a money, time and risk management and most specially a knowledge to understand the flow of trading.

So if you're a kind of person who cant bear losses or dont want to experience such thing then dont try to trade, better find other ways to earn.

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June 01, 2020, 08:45:54 AM
 #81

A trader who does not have a family is more likely to risk their capital just because they know that they will be responsible for a failed trade themselves. If you have a family, the consequences for unsuccessful trades will be borne not only by the trader, but also by his family members, who will be forced to reduce their expenses.

Which is why people shouldn't trade with the family money in the first place. The idea of taking money that will be needed later, hoping that they can make more money out of that from thin air is just bad. You must set aside your own money, specifically for trading, and enough of it so that you don't have to borrow from other people, liquidate your trades so you can pay them back, and so forth.

You can still trade if you have a family it's just that you must use the money that *you* earn.

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June 01, 2020, 02:54:47 PM
 #82

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.

Yes, it is correct. Trader have to habitual to see lose as they see profit. They have to know where there is lose there is profit because if anybody lose money in trading he will search how to made success in trading. Then he will research about that market and gradually he will discover his fault of that trading of lose money and after that he will not lost his money. So be cool when you made lose and search for come out from it. you will succeed.

thanks.
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June 01, 2020, 04:24:27 PM
 #83

Trading like other investements are associated with risk, you cant guarantee a profit because it depends how you plan and execute it. Its a must to have a money, time and risk management and most specially a knowledge to understand the flow of trading.
Just due to the lack of understanding about how basically trading is working, people are getting fear of losses which will eventually end up in hating risk factors. Regardless of we will be loving or hating, risk levels will remain as the same in out trading and we must find the ways to minimize it; all the jobs we are doing in trading related to that alone. yes, if we minimize risks then chances to make big profits will get maximized.

if you're a kind of person who cant bear losses or dont want to experience such thing then dont try to trade, better find other ways to earn.
Everyone will not be ready to bear losses in the initial days but over the experience they will get practice to it. It means they will start accepting losses as part of their trading. So, it will not be good to find other ways to earn rather than focusing on gaining experience in trading itself.

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June 01, 2020, 11:54:51 PM
 #84

This is just a simple truth, if you haet risk, you cant make it quickly in crypto market. Just ensure your risks are calculated

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June 01, 2020, 11:57:34 PM
 #85

This is just a simple truth, if you haet risk, you cant make it quickly in crypto market. Just ensure your risks are calculated

And this is where most newbies in crypto trading will make a mistake. Because a lot of them are looking at crypto as get-rich-quick scheme. If you have no idea how crypto trading works, don't engage in trading yet. Because the possibility of losing all your money is really high. Even experienced crypto traders still lose from time to time. Most altcoins have their unique features and advantages when it comes to crypto market and you have to know that. The actual development attached to a particular project is also important as it influences its performance in the market. You have to spot those pumpndump coins also because if you got in the middle of it, you will be left bag hodler of useless coins.
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June 02, 2020, 02:07:05 AM
 #86

Trading like other investements are associated with risk, you cant guarantee a profit because it depends how you plan and execute it. Its a must to have a money, time and risk management and most specially a knowledge to understand the flow of trading.

So if you're a kind of person who cant bear losses or dont want to experience such thing then dont try to trade, better find other ways to earn.
Investing in the crypto market is always very clearly reminded because it is a risky and volatile market, so if you are afraid, it is best not to trade here. I always learn and seek new knowledge before trading because this will help me reduce risks and control my assets safely. Of course, everyone will lose money when investing in this market, but if you do not give up from those failures, you will soon earn back the lost money.






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June 02, 2020, 05:46:13 PM
 #87

A trader should follow all the requirements of trading career which means there will be no room for personal preferences in this. Hence for those traders who are not willing to take risk must stay away from trading and must look for some other methods to have income stream instead of keep trying with trading.

Just hating risks, it will not get eliminated in our trades. It will get eliminated only when we are good in technical analysis. At the same time, people who are good in technical analysis will never get afraid of it nor hating it but might have developed strategies to trade among all the risky things. I believe this is how trading is working and hence we must focus on things this way alone. If we bother about unnecessary things then we may miss out what is essential for success in trading. Hating risks must be one of those unnecessary things.
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June 08, 2020, 04:45:40 PM
 #88

And this is where most newbies in crypto trading will make a mistake. Because a lot of them are looking at crypto as get-rich-quick scheme. If you have no idea how crypto trading works, don't engage in trading yet. Because the possibility of losing all your money is really high. Even experienced crypto traders still lose from time to time. Most altcoins have their unique features and advantages when it comes to crypto market and you have to know that. The actual development attached to a particular project is also important as it influences its performance in the market. You have to spot those pumpndump coins also because if you got in the middle of it, you will be left bag hodler of useless coins.
This idea that you can make a lot of money really quickly in the market of cryptocurrencies is what really destroys the career of most traders, while it is true there are many stories of people that invested in a coin and in a matter of days or weeks they were able to obtain very significant profits the truth is you cannot really create a strategy to emulate those kind of profits, those people regardless of their level of skill just got lucky, a good trader is someone that is capable to obtain profits in the market over the long term, while the profits that you can obtain with this method are smaller at the same time they are a lot more predictable and safer and that is what traders should be looking for.

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June 08, 2020, 05:52:47 PM
 #89

I don't think that actually anyone really loves risk. That is something that we all would like to avoid and play on safe but that is not possible.
Everyone who trades and invests knows that risk is something that is always present and needs to be calculated into your odds. Every trader needs to be aware of quantity of risk and how to manage it. That is something that can be learned and it's always better to get that knowledge even before you start to trade.

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June 08, 2020, 06:01:51 PM
 #90

I don't think that actually anyone really loves risk. That is something that we all would like to avoid and play on safe but that is not possible.
Everyone who trades and invests knows that risk is something that is always present and needs to be calculated into your odds. Every trader needs to be aware of quantity of risk and how to manage it. That is something that can be learned and it's always better to get that knowledge even before you start to trade.
We do not need to be preferring to take risk but we must need to accept the risks involved in trading cryptos. Without assessing how we are going to handle risk well in hand, we cannot be successful in trading. I mean no one needs to be loving risks but must know how they will handle risks. When you are having plans to handle the risks of trading then definitely you never need to hate trading nor the risks in it. You can just move on so that you can keep proceeding toward success in your trading.

Only the traders who are lacking in knowledge about crypto trading are getting afraid of risks. I believe a trader can become high-risk trader by gaining continuous knowledge and experience. We must keep learning on different strategies on handling risks which will definitely help us to become successful in crypto trading over the time.
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June 08, 2020, 09:24:05 PM
 #91

To be honest, i think that nobody hates risk at all; trading is a choice which one has to make before embarking on trading crypto currency or forex.
So if you know you cannot take risk; don't bother hating it at all; just don't near crypto currency trading.

its as easy as that; and even if you are willing to take the risk, remember to always do your own research diligently; and always practice your trade strategy.
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June 08, 2020, 09:28:38 PM
 #92

I don't think that actually anyone really loves risk. That is something that we all would like to avoid and play on safe but that is not possible.
Everyone who trades and invests knows that risk is something that is always present and needs to be calculated into your odds. Every trader needs to be aware of quantity of risk and how to manage it. That is something that can be learned and it's always better to get that knowledge even before you start to trade.
We do not need to be preferring to take risk but we must need to accept the risks involved in trading cryptos. Without assessing how we are going to handle risk well in hand, we cannot be successful in trading. I mean no one needs to be loving risks but must know how they will handle risks. When you are having plans to handle the risks of trading then definitely you never need to hate trading nor the risks in it. You can just move on so that you can keep proceeding toward success in your trading.

Only the traders who are lacking in knowledge about crypto trading are getting afraid of risks. I believe a trader can become high-risk trader by gaining continuous knowledge and experience. We must keep learning on different strategies on handling risks which will definitely help us to become successful in crypto trading over the time.
You wont really gain anything if you dont test up on waters and as said we do need to get involved nor engaged so that we can able to have some grasp because experience would tell you that theres certain risk that you do need to suppress as you do go proceed or go further.

People doesnt really just like to lose money.Who does want to lose money? none right? but if we do engage on investment then this thing is indeed inevitable thats why we should really get used to it
and deal with it along the way.

We shouldnt hate because if we do hate it then it would lead to frustration and discouragement which would result to loss of interest and wont able to think of clearly.
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June 09, 2020, 01:11:53 PM
 #93

O would agree with you because trading is not suitable in weaklings hands, or even in some greedy people who wants instant millionaire in just one of two days lol!. Trading is really hard that you have to train yourself how to discipline yourself you have to be more patience and you have to learn to control your emotions and if you can’t do all of this much better to go away and find some work for you.

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June 10, 2020, 01:16:00 AM
 #94

In any form of business whether it is traditional way or online methods the word "RISK" will always
be a part of any business as long as there is money involve. This is the reason why some individual business minded
people are risk taker, although some thoughts and idea saying that we if we can avoid risk we can't experience for sure risk or lose,
for me that's not possible no matter how good you are or the expert one you will encounter for sure loses or risk no matter what
happen as long as you are involve in Business industry.
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June 10, 2020, 02:19:41 AM
 #95

Well said, fear is a great barrier for us to earn and lose money, we'll it can be good or bad to us. Trading is so risky so it is normal that we could feel being fear when we do trading because we are all afraid to lose our money. Some people are too confident when doing so because they have already so much experience, knowledge, and skills about it but if you are only a beginner it's normal if you feel being fear because you don't know anything about it and you are afraid of losing money, well that is what would happen if you try trading if you are only a beginner, better to have experienced and knowledge firs before trying it.
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June 10, 2020, 02:53:51 AM
 #96

Exactly, fear can hinder your achievements and even to your decision in life, but i think if you are into this kind of business or trading the fear of risking is always there, especially if your are just new and just discovering its way or strategy, and I guess it is really part of it in the beginning fear of lossing money but when you get all the techniques on this well fear will be out of your dictionary.
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June 10, 2020, 03:06:41 AM
 #97

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.

Admit it or not, we are all losing in trading. But we will continuously losing if we will not try to risk our money. Fear will not be removed from everyone. In fact, it is good that we have all fear of losing because we won't risk without any knowledge or experience. But we have to fight it whenever we lose in trading. We just think that there are always trader same to us, they are also losing and keeping on rekt in trading.

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June 10, 2020, 03:50:33 AM
 #98

O would agree with you because trading is not suitable in weaklings hands, or even in some greedy people who wants instant millionaire in just one of two days lol!. Trading is really hard that you have to train yourself how to discipline yourself you have to be more patience and you have to learn to control your emotions and if you can’t do all of this much better to go away and find some work for you.
This is so true! Trading is also about self-study, self-discipline, self-learning, self-experiences,... You all can see that trading is not something you can learn within a short period of time. It requires a lot of efforts, though, you can achieve what you want after putting hard-work.

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June 10, 2020, 07:04:22 AM
 #99

Trading is also about self-study, self-discipline, self-learning, self-experiences,... You all can see that trading is not something you can learn within a short period of time. It requires a lot of efforts, though, you can achieve what you want after putting hard-work.
If he wants to be a successful trader, he needs to spend his time learning to trade and learn the other things. If he can not do that, maybe trading is not for him, and we can suggest he search for the other sources to make money. But he should know that no matter what works or jobs that we did if we don't learn anything, we can not make money like the others, and we will fail in our jobs. So rather than we complain that we are not a success right now, we need to learn more so we will have the chance to make money.

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June 10, 2020, 09:39:46 PM
 #100

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.

Admit it or not, we are all losing in trading. But we will continuously losing if we will not try to risk our money. Fear will not be removed from everyone. In fact, it is good that we have all fear of losing because we won't risk without any knowledge or experience. But we have to fight it whenever we lose in trading. We just think that there are always trader same to us, they are also losing and keeping on rekt in trading.
We wont gain nothing if we wont risk which is a typical thing.Fear is always there since we know that we do risk out our own money to gain money.
that means that we need to take it seriously if we dont like to lose it all. It cant be avoided but can really be lessen out basing into your own
experience and knowledge towards it.

O would agree with you because trading is not suitable in weaklings hands, or even in some greedy people who wants instant millionaire in just one of two days lol!. Trading is really hard that you have to train yourself how to discipline yourself you have to be more patience and you have to learn to control your emotions and if you can’t do all of this much better to go away and find some work for you.
This is so true! Trading is also about self-study, self-discipline, self-learning, self-experiences,... You all can see that trading is not something you can learn within a short period of time. It requires a lot of efforts, though, you can achieve what you want after putting hard-work.
But there are people who are really that impatient to learn and expect everything in a short period of time and when they get wrecked then
they are frustrated because it havent able to meet up into their expectations.

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June 10, 2020, 10:08:26 PM
 #101

Well in this world we need to learn how to overcome our fear, in everything you do there is always a risk. You cannot reach what you want if you don't take the risk.We are only human sometimes we win but sometimes we loose, and it's all up to you how you handle it.Just take it slowly and learn more first before letting big amount if you don't want to loose much.
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June 10, 2020, 10:27:02 PM
 #102

~
We wont gain nothing if we wont risk which is a typical thing.Fear is always there since we know that we do risk out our own money to gain money.
that means that we need to take it seriously if we dont like to lose it all. It cant be avoided but can really be lessen out basing into your own
experience and knowledge towards it.
Trading is all about calculated risk rather than jumping in the market thinking that you can make money without understanding the market is always a foolish method and we saw that in the cryptocurrency market when the market rallied, everyone started investing in it thinking to make a quick buck and there were many that got burned when the market started going down.

If you are smart you can always make money and if you are lazy enough to understand the market, just invest when the market goes down and look for a target to cash out.
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June 11, 2020, 03:18:07 AM
 #103

Well in this world we need to learn how to overcome our fear, in everything you do there is always a risk. You cannot reach what you want if you don't take the risk.We are only human sometimes we win but sometimes we loose, and it's all up to you how you handle it.Just take it slowly and learn more first before letting big amount if you don't want to loose much.
No one is unable to avoid risks when trading in this market, and instead of getting frustrated, you should get acquainted because if you are afraid of risks, you will not be able to succeed in the crypto market. I think everyone should think carefully when joining here because every decision will directly affect your entire asset, and many investors will give up when joining. Of course, I hate risks, but I try to be better every day.
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June 11, 2020, 04:31:38 AM
 #104

Well in this world we need to learn how to overcome our fear, in everything you do there is always a risk. You cannot reach what you want if you don't take the risk.We are only human sometimes we win but sometimes we loose, and it's all up to you how you handle it.Just take it slowly and learn more first before letting big amount if you don't want to loose much.
No one is unable to avoid risks when trading in this market, and instead of getting frustrated, you should get acquainted because if you are afraid of risks, you will not be able to succeed in the crypto market. I think everyone should think carefully when joining here because every decision will directly affect your entire asset, and many investors will give up when joining. Of course, I hate risks, but I try to be better every day.
No one will like the risk, but that is what we should accept, whether we like it or not. If we can accept the risk, we will have a chance to get what we want, but of course, not all we want can become a reality because there will be another factor such as lucky that will be part of that. In the trading, if we can analyze better, we can be able to make a profit, but we cannot expect to make a profit every time we trade because the market will always change every day.

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June 11, 2020, 05:04:53 AM
 #105

No one will like the risk, but that is what we should accept, whether we like it or not. If we can accept the risk, we will have a chance to get what we want, but of course, not all we want can become a reality because there will be another factor such as lucky that will be part of that. In the trading, if we can analyze better, we can be able to make a profit, but we cannot expect to make a profit every time we trade because the market will always change every day.
If we dont take a risk then we cant gain anything so face it and have guts.

As a trader losing is inevitable however you can do something to minimize it by right strategy then set aside your emotion.

You can succeed if you know how to deal with losses and learn to try again. Dont give up and be positive.

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June 11, 2020, 07:53:37 AM
 #106

I agree with the OP.

Right now that we are dealing with a volatile market, losses are so natural. Every seconds, every minute, you will be able to lose your money. If you can't stand that, if you can't afford thay, you should just invest your money elsewhere without any risks. I dont think yoy would be able to find that kind of investment.
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June 11, 2020, 08:27:20 AM
 #107

I agree with the OP.

Right now that we are dealing with a volatile market, losses are so natural. Every seconds, every minute, you will be able to lose your money. If you can't stand that, if you can't afford thay, you should just invest your money elsewhere without any risks. I dont think yoy would be able to find that kind of investment.
The thing is that there is no investment without risk! In normal form businesses or cryptocurrency markets, when you make an investment, you'll face the risk that contained with your investment. You'll face the risk to either lose your capital partially or completely. There's always a risk in business!

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June 11, 2020, 09:19:40 AM
 #108

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.
trading and investing in crypto is indeed very risky and of course must have the courage to make decisions in doing it all, we without speculation to take something risky of course it is difficult for us to be able to progress and achieve success as what we want, do trading sometimes we lose and lose is a natural matter, but the profits will certainly be obtained while we are not desperate and want to always learn to be the best trader.

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June 11, 2020, 03:45:15 PM
 #109

^Investment and trading are two different things, if you hate risking you could still buy and sell but just put a bigger period in between them. Think of it this way, there is Person A that has 1000 dollars and he goes in to bitmex and buys long futures with x100 leverage with it, he could be super rich in an hour or lose all of his money in an hour as well, he likes risks and he just goes all-in on his investment.

There is Person B, he has 1000 dollars too, he buys bitcoin and stores it in his hardware account and puts that hardware into his storage at home, sometimes a small hiding spot sometimes a vault whatever your richness is, and just forgets about it like he bought a gold bar and never checks how much it is. Now, these two people both bought 1000 dollar worth of bitcoin but they couldn't be any further apart in ideology.
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June 12, 2020, 01:18:01 AM
 #110

No one will like the risk, but that is what we should accept, whether we like it or not. If we can accept the risk, we will have a chance to get what we want, but of course, not all we want can become a reality because there will be another factor such as lucky that will be part of that. In the trading, if we can analyze better, we can be able to make a profit, but we cannot expect to make a profit every time we trade because the market will always change every day.
If we dont take a risk then we cant gain anything so face it and have guts.

As a trader losing is inevitable however you can do something to minimize it by right strategy then set aside your emotion.

You can succeed if you know how to deal with losses and learn to try again. Dont give up and be positive.

Don't give up and be positive would be our strength to survive in the hard situations so we can continue to trading while we need to learn more about trading. We cannot succeed if we don't learn or do anything because success will come to people who want to spend their time to learn anything. The pro traders will also spend their time analyzing, learning, and practising what they learn so they can be able to make a profit.

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June 12, 2020, 08:28:28 AM
 #111

Anyone not yet ready for risk taking should just buy and hold for a long term or better still stay in Fiat and battle out bad economy coupled with inflation. Just blow up some fee dollars in forex. I am happy because it's part of the deal.
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June 12, 2020, 08:44:20 AM
 #112

Fearless is different from recklessness tbh. Fearless means to acknowledge that you fear it and that you know what it is imo, and that's how trading goes. You know you're going to lose your money, or at least, there's a high chance of it, hence you fear it. But from that, you acknowledge it, which really enables you to push for it and to keep trading. Recklessness, on the other hand, knows fear but doesn't acknowledge it, or maybe even doesn't know fear itself. Anyone that is into trading hates risk. But they come to accept that since trading is all about risks after all. Honestly, anyone that refuses to acknowledge risk should just stop trading since the very first moment they stepped into trading, it was already a risk in of itself.

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June 12, 2020, 04:24:24 PM
 #113

In my opinion, if investors have good knowledge, they will avoid the risk of investment, but if it is a new investor, they will lose money in this market. I think there should be two plans when investing and should analyze many times before making a decision.
I think whenever we want to tell people about cryptocurrency and other investments, we should emphasize more on the risk part of it. Some people don’t really tell these people that there are risk involved. They just tell them how good it is, the good sides of owning a cryptocurrency and how they can become a millionaire overnight. By doing this you’re making them forget that there are risks involved in this business. Anyone that’s about to take on journey should know everything.

When I teach people about it I let them know that there are too much risks that are in it. It’s then up to them to make up their mind.This way I am avoiding the later blame usually people will do when they lose their money. Sometimes I do think about not at all introducing crypto trading to anyone because so for all the people I have taught crypto trading only making losses and no one is into profits so far. I'm not sure what is exactly they are missing but definitely they are not ready to risk any more.
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June 12, 2020, 09:41:09 PM
 #114

Anyone not yet ready for risk taking should just buy and hold for a long term or better still stay in Fiat and battle out bad economy coupled with inflation. Just blow up some fee dollars in forex. I am happy because it's part of the deal.

I think the right word here is Few
Read up this line
Quote
Just blow up some fee dollars in forex. I am happy because it's part of the deal.
in the post you made. Adding to what the topic is saying; is not every man or woman that will want to risk funds to achieve what they want in life now this mentality is a kind of 50% of people with it due to what they have encountered when trying to make the money. Probably they will hate risking it.

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June 13, 2020, 02:29:46 PM
 #115

How do you plan to live a life without risking? Good thing about trading and gambling is that you risk money, and money can be earned in many ways.
Those that hate risks and play safe have much lower chances to make something big in their life's, one's who risk have more chances for that. Risk is everywhere around, in all the things we do, I don't advise people to risk all the time, actions can be calculated, risk can be lowered with more knowledge and experience. Sometimes you need to risk to make profit, in some situations its better to sit and wait.
It's hard to talk about risks in general, even harder to apply some definitions on all the people, each of us is different. Education, learning, practice is what is needed for a person to be able to recognise a moment and to choose appropriate actions for that unique situation.

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June 13, 2020, 06:32:48 PM
 #116

I don't think that actually anyone really loves risk. That is something that we all would like to avoid and play on safe but that is not possible.
Everyone who trades and invests knows that risk is something that is always present and needs to be calculated into your odds. Every trader needs to be aware of quantity of risk and how to manage it. That is something that can be learned and it's always better to get that knowledge even before you start to trade.
We cannot deny that risk and profits are closely tied together, you could choose a style of trading that takes very small risks but your profits will be limited by such approach, if you want significant profits then you have no option but to increase your risk exposure, so even if you do not like it at least you will need to find a way to tolerate it, the problem is that many traders take too much risk and while the profits are nice when things go your way the losses can be devastating to the point it is impossible to ever recover from your losses.

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June 13, 2020, 11:47:19 PM
 #117

I am somebody to hate risk but in our life, it hates not to avoid it.
It all the risk comes along us especially in this field but should this will make us to shutdown? No, if we keep that risk in our mind all the time for sure we can move freely but be bothered so much. it won't help us but it brings us to the curse.
If we failed to accomplish or win but atleast we tried and get a lot of knowledge and experience throughout the trade. Nobody will not become successful if they will not over come their failures and take a lot of risk in trading. Don't hesitate to do anything and try to think a pply a good strategies and learn from it. I'm sure that you can win after a lot of failure tradings.

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June 14, 2020, 02:58:44 AM
 #118

I am somebody to hate risk but in our life, it hates not to avoid it.
It all the risk comes along us especially in this field but should this will make us to shutdown? No, if we keep that risk in our mind all the time for sure we can move freely but be bothered so much. it won't help us but it brings us to the curse.
Risk is an indispensable part when you choose to invest in this market, and certainly without the knowledge of trading, you will easily lose money. I think instead of hating risk, you should live with it because to make a profit you will have to trade a lot. In the past, any investor made mistakes, but if you do not give up and continue with new knowledge, one day you will make a lot of profit.

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June 14, 2020, 04:14:36 AM
 #119

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.


Nope that is not how it works mate because trading supposedly to make profit and that is why people get unto this area so don’t say that this is for win or lose .

But of course losing in other hand is part of this but we must not learn to expect that happen all the time instead we must use our losses to learn the right way and prevent from losing again and again

Quote
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.

I agreed on that because in trading fear of lose is our enemy thats why we must be ready at all time but we must learn that doing everything to prevent this from happening is one of the biggest achievement of traders in their  whole career.

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June 14, 2020, 07:49:17 AM
 #120

How do you plan to live a life without risking? Good thing about trading and gambling is that you risk money, and money can be earned in many ways.
Those that hate risks and play safe have much lower chances to make something big in their life's, one's who risk have more chances for that. Risk is everywhere around, in all the things we do, I don't advise people to risk all the time, actions can be calculated, risk can be lowered with more knowledge and experience. Sometimes you need to risk to make profit, in some situations its better to sit and wait.
It's hard to talk about risks in general, even harder to apply some definitions on all the people, each of us is different. Education, learning, practice is what is needed for a person to be able to recognise a moment and to choose appropriate actions for that unique situation.
Risk is an inherent thing when you are trading, avoiding risk is like trying to avoid death itself, risk promises rewards and it is up to you whether your analysis on the rewards outweigh the risks. Trading is a risky game and I think people that are blinded by the riches that trading promises shouldn't be here in the first place because they are the type to jump the hype train and leave when the getting is not going great, I hate and admire this kind of people because they are the kind of parasite that only wants the ups and not the downs of trading and the admiration came from the fact that they swallow their pride to be a parasite.

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June 21, 2020, 12:28:50 PM
 #121

How do you plan to live a life without risking? Good thing about trading and gambling is that you risk money, and money can be earned in many ways.
Those that hate risks and play safe have much lower chances to make something big in their life's, one's who risk have more chances for that. Risk is everywhere around, in all the things we do, I don't advise people to risk all the time, actions can be calculated, risk can be lowered with more knowledge and experience. Sometimes you need to risk to make profit, in some situations its better to sit and wait.
It's hard to talk about risks in general, even harder to apply some definitions on all the people, each of us is different. Education, learning, practice is what is needed for a person to be able to recognise a moment and to choose appropriate actions for that unique situation.
I will simplified it for you mate.

There's two type of risk on what you say. The one is gambling and the other is for trading. So basically,

  • The gambling part: The risk there is always 50/50. It's either win or loss and it's a pure luck!
  • The trading part: The risk there can be lowered if you are gonna study and gain more experience.

So if you are going to choose your path make sure that pick the risk that can be lowered if you are going to apply hard work! Risk is dangerous, but it's part of the life and that is needed to be take if you are aiming high in this life.

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TheGreatPython
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June 21, 2020, 07:44:13 PM
 #122

I am somebody to hate risk but in our life, it hates not to avoid it.
It all the risk comes along us especially in this field but should this will make us to shutdown? No, if we keep that risk in our mind all the time for sure we can move freely but be bothered so much. it won't help us but it brings us to the curse.
Basically, in this market you will not be able to avoid the risk of investing and instead should avoid finding ways to reduce the risk here. I think there is a lot of knowledge for you to study and not to be lazy because this market is changing every day. In the past, I hated risk but hated or not could not solve anything, and you had to accept it when you entered this market.
That's the point here, reducing the risk and not ignoring it. I mean just because I hate risk doesn't mean I am not taking any at all. For example, I buy bitcoin when its low, does that mean I have zero risk? No because it could go even lower and just at that moment I could have some health problems and would need to cash it out urgently right?

So, as you can see its not risk free, there is always a risk. However when you think of buying bitcoin at low levels and holding it until it goes up (not just for a while, waiting years if you have to) that is less risky than many other stuff right? Hence, I do not think there is risks that should be hated and there is risks that should be hated. I hate all risks that is why I try to make it as less risky as I can and just because I hate it doesn't mean I won't do it.

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June 22, 2020, 10:22:59 AM
 #123

Anyone not yet ready for risk taking should just buy and hold for a long term or better still stay in Fiat and battle out bad economy coupled with inflation. Just blow up some fee dollars in forex. I am happy because it's part of the deal.
Everyone involved in this market should have basic knowledge ready because without it you will not be able to avoid risks. Most traders in the early stages feel very depressed about what is happening, and they hardly recognize their mistakes. However, after an extended stay in this market, everything will change, and they will have more experience to minimize the risk when deciding to trade any coin.






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June 22, 2020, 12:00:02 PM
 #124

For over than years and experience on trading, it gives you a lot of lesson and knowledge so you can learn to all of your mistakes which is good because you know now how to avoid getting trouble in trading but still, we have a different perspective in terms of making a lot of trades some of them also based on my experience I still want to have fear with me but regard the doubt to lose the money because this is part of trading.

In some time I'm using the trading on making a lot of profit with the use of feat because there is a contradiction on fear and greedy sometimes you know the possible outcome of the coin but you still wait for it and loss up all of your funds because of getting too much greedy.

Generally speaking without risk it would be difficult to do any sort of business or trading. And one who does not have a good appetite to take risk then crypto currency would be a very risk to such people because the volatility involved in crypto is very high and within some time only it can rise or fall hundreds of dollar and may lead to heavy loses as well if you have other side of the position than the market movement.

The market volatile is our biggest enemy because we cannot make sure that all of the time the market is going into uptrend still it is your decision and knowing what is the possible result or the outcome in your gameplay of trading.

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June 22, 2020, 02:46:52 PM
 #125

Almost all investments in life in one way or the other requires different types of risks, and these risks must be kept in mind always. In the crypto space same thing about risks implies which is, knowing the risks of whatever you want to do and trading cautiously; trading cautiously in this case means investing or rather trading with whatever you can afford not your entire savings. Also, another way of reducing risks in trading is by getting the right knowledge about trading and what it entails through this way, risks will be reduced, you will trade with peace of mind while making profits.

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coinfinger
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June 22, 2020, 07:03:32 PM
 #126

For over than years and experience on trading, it gives you a lot of lesson and knowledge so you can learn to all of your mistakes which is good because you know now how to avoid getting trouble in trading but still, we have a different perspective in terms of making a lot of trades some of them also based on my experience I still want to have fear with me but regard the doubt to lose the money because this is part of trading.

In some time I'm using the trading on making a lot of profit with the use of feat because there is a contradiction on fear and greedy sometimes you know the possible outcome of the coin but you still wait for it and loss up all of your funds because of getting too much greedy.
Experience doesn't mean you are not risking anything, a veteran of trading doing the same thing and a noob doing it means they are taking the same risk.

The only difference is noob might have stumbled upon that whereas veteran worked and used his experience to find that. Both of them could be right, both of them could be wrong. You think someone who has been an investor or a forex trader for 20+ years is never wrong? They are wrong as well, they do even bigger mistakes because they have been doing it for years and they are pretty good at it so they get a huge confidence on what they are doing, at the end of the day that confidence kills their investments.

Of course when you are more experience there is a bigger chance you find something that would make you profit, but like I said it is just a higher chance and not 100% guaranteed.
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June 22, 2020, 07:15:10 PM
 #127

This is very obvious.

No investment or your own business is risk-free. Everything you do is risk expect your job in which you know you will get paid not matter what. Risk is a very phenomenal thing it can make you rich if taken at good time and it can make you lose your all money if taken at bad time or in bad luck. Also I believe is that the risk is in everything - Life is all about taking risks, So stop hating risk and embrace it and accept it.

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June 22, 2020, 11:42:23 PM
 #128

I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.

You are right. for you to make it big, you have to be a risk taker. However, it is easier said than done and when you take blind risk, i can assure you that no big reward awaits you. It is not just about taking risk, if you dont take calculated risk you will get Rekk and when you do, you won't certainly have the opportunity to try again another time
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June 23, 2020, 07:08:50 AM
 #129

This is very obvious.

No investment or your own business is risk-free. Everything you do is risk expect your job in which you know you will get paid not matter what. Risk is a very phenomenal thing it can make you rich if taken at good time and it can make you lose your all money if taken at bad time or in bad luck. Also I believe is that the risk is in everything - Life is all about taking risks, So stop hating risk and embrace it and accept it.

TEX-LXRY

   TEX-LXRY even jobs can be risky and unstable. Not everyone have the privilege to have a safe job, and to be sure it will
last until the pension. Everything else you said I agree with you, there's no risk-free investment, and we all know that
crypto-currencies are more risky than anything else. But where is the risk there is a gain, and that gain here can be high.
   Those who hate risking will not have big rewards in life. Risk can be calculated and sometimes it's worth to try it!



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June 23, 2020, 09:52:10 PM
 #130

This is very obvious.

No investment or your own business is risk-free. Everything you do is risk expect your job in which you know you will get paid not matter what. Risk is a very phenomenal thing it can make you rich if taken at good time and it can make you lose your all money if taken at bad time or in bad luck. Also I believe is that the risk is in everything - Life is all about taking risks, So stop hating risk and embrace it and accept it.

TEX-LXRY

   TEX-LXRY even jobs can be risky and unstable. Not everyone have the privilege to have a safe job, and to be sure it will
last until the pension. Everything else you said I agree with you, there's no risk-free investment, and we all know that
crypto-currencies are more risky than anything else. But where is the risk there is a gain, and that gain here can be high.
   Those who hate risking will not have big rewards in life. Risk can be calculated and sometimes it's worth to try it!

Yeah but when the person is working with someone at least he has his month secured or whatever the agreement is.

Smiley

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June 23, 2020, 09:58:41 PM
 #131

Yeah that is true, trading is about losing and making money, i agree with that.
No one can hit a success in trading if you still afraid to start and still worrie about your money, you will never success in trading.
For beginner i have one tips, try start with light coin and get self analysis of market, you will understand how market and cryptocurrency work.

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June 24, 2020, 02:07:33 AM
 #132

the risk of losing assets is something that must be accepted for those who are ready to trade. it is a must. many people who have been looking for ways to avoid these risks, but failed. so, everything you need to prepare, especially risk. I agree with that statement.

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June 28, 2020, 06:01:30 AM
 #133

Is this "Buy the dip" method still working now?


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June 28, 2020, 01:17:05 PM
 #134

Is this "Buy the dip" method still working now?


Buy the dip method always works in the crypto market, even a few weeks back when the market crashed and bitcoin price went below $9k then also buy the dip method was working. In the past market dumps also you could have made a decent amount of profit trading the dips. Flash crashes are the best for making sure money in the crypto market and has never failed me in my career till now. I also brought about $700 bitcoins recently when the price was at $8100 USD and I am in profit now.

the risk of losing assets is something that must be accepted for those who are ready to trade. it is a must. many people who have been looking for ways to avoid these risks, but failed. so, everything you need to prepare, especially risk. I agree with that statement.
But with some market education and by reading books related to trading a person can always lower the risk that they are taking and make money with almost no risk at all.

.
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June 28, 2020, 02:11:39 PM
 #135

- I also brought about $700 bitcoins recently when the price was at $8100 USD and I am in profit now.-
$8100 was on april. Yeap. its in uptrend, for sure it will bring you for profit. What about "buying the dip" on feb & march and/or perhaps in last 2 weeks?


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June 28, 2020, 08:38:29 PM
 #136

Is this "Buy the dip" method still working now?



Not really that much a sort of a question since we do all know that this one is always been the basic. Buy the dip and sell when theres a pump.

Yes, i does works but we know that it isnt as it sounds. People who do really like to takes risk are the ones who do have the chance on making money rather than

sitting and observing around and just letting the opportunity pass by because they were afraid to commit because they dont like to lose money.

They do love to earn but doesnt like to risk.
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June 28, 2020, 08:54:21 PM
 #137

I think that sometimes fear can drive some people more causcious and save them from scams and such, although I do agree that there is the other point of view in wich fear will make you miss opportunity and this is also valid...
the key is to play with what you can afford to loose and learn as much as possible

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June 29, 2020, 09:48:39 AM
 #138

I think that sometimes fear can drive some people more causcious and save them from scams and such, although I do agree that there is the other point of view in wich fear will make you miss opportunity and this is also valid...
the key is to play with what you can afford to loose and learn as much as possible
I think you meant cautious and yes in my opinion being feared is better than being fearless, call it silly but that is how I live my life.

That Fear Of Missing Out is such a thing that you would feel like you missed an opportunity when you sell something for cheap and that enables you to buy assets more than you could afford and wanted to buy which is actually dangerous.

I know bitcoins are going to go big in future but being greedy and buying chunks during dips might bring great loss too because there is no certain value you believe is the lowest dip. I mean suppose tomorrow bitcoins drop by 1k and you buy considering that a dip has happened and next day it falls off even more by 1k then you would be in a pretty difficult situation so either you have the capital to easily survive these times or just don't be a victim of FOMO.

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June 29, 2020, 10:34:27 AM
 #139

I think you meant cautious and yes in my opinion being feared is better than being fearless, call it silly but that is how I live my life.

That Fear Of Missing Out is such a thing that you would feel like you missed an opportunity when you sell something for cheap and that enables you to buy assets more than you could afford and wanted to buy which is actually dangerous.

Yub! You'll want to know how to be fear in order to keep you alive and successful in this world. If you are fear of being death, you'll try to do anything that can lead to the death. It is the same in business, if you fear of being failed, you'll do everything to make sure that doesn't happen.  However, the important thing is that you should be able to control your fear. Don't be too fear to take action!

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June 29, 2020, 11:12:24 PM
 #140

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.

I feel it is wrong to say that certain individual amidst traders hate risk; trading itself is a risk; willingness not to undergo further risk is a choice; and cannot be based on being afraid. Every trader has their daily targets; and while some extend their target; some don't go beyond their limits; it shows great composure and matured minds with core experience in trading to do that. Always do your own research.
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June 30, 2020, 12:28:52 AM
 #141

There is minimal risk when you invest in a quality product with a solid team.

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June 30, 2020, 05:11:53 AM
 #142

Everyone must be hate to lose money  Smiley I assume maybe what you mean is "excessive fear"
In life everything that is excessive will not bring goodness, too afraid will prevent you from doing something and too brave will make you careless.

Likewise in trading, being too afraid will cause you to lose opportunities but being too brave will also make you lose money.
That's how many traders are there. After getting a small amount at the start, he loses his head and, as a result, can lose everything.
This is caused because the trader forgets the factor "Mind'', which is related to the psychology of trading, the ability to control emotions
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June 30, 2020, 06:47:42 AM
 #143

There is minimal risk when you invest in a quality product with a solid team.
but the risk is still there. however, in the business world, whether it's trading, investing, etc. all have risks that need to be faced and prepared. those who can't afford to lose their money, you shouldn't do any business. no matter how small a business, then it will have risks that need to be faced.

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June 30, 2020, 07:55:15 AM
 #144

There is minimal risk when you invest in a quality product with a solid team.
but the risk is still there. however, in the business world, whether it's trading, investing, etc. all have risks that need to be faced and prepared. those who can't afford to lose their money, you shouldn't do any business. no matter how small a business, then it will have risks that need to be faced.
You're right. Whether the risk is high or low. There's always a risk in business, any kind of business! Investors have to know that. Especially in a new market like the cryptocurrency market, the risk is even way higher than other markets. Because of that, investors in the cryptocurrency market have to be wise and really careful about what they're doing!

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July 11, 2020, 11:36:01 PM
 #145

No result for a trader that place his or her mind on the throne of fear, life itself is a risk, when trading, be fully aware you are taking a risk which may end up in lose or gain, but one thing am sure of is, when there is courage and determination, success is sure.

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carlfebz2
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July 11, 2020, 11:50:35 PM
 #146

There is minimal risk when you invest in a quality product with a solid team.
but the risk is still there. however, in the business world, whether it's trading, investing, etc. all have risks that need to be faced and prepared. those who can't afford to lose their money, you shouldn't do any business. no matter how small a business, then it will have risks that need to be faced.
You're right. Whether the risk is high or low. There's always a risk in business, any kind of business! Investors have to know that. Especially in a new market like the cryptocurrency market, the risk is even way higher than other markets. Because of that, investors in the cryptocurrency market have to be wise and really careful about what they're doing!
Being careful in means on studying up everything before making any move because it will surely cost you once you did make a mistake but to know that getting mistakes are inevitable
this is why its important to lessen up as small as possible.

We do know that crypto market is way more riskier compared to other traditional markets that we do know and if you hate risk then investment world wont really fit you out but to think
that you wont earn nothing if you wont risk something.

People should accept the fact that they are dealing with risk but it can be handled out with experience,skills and knowledge.
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July 11, 2020, 11:54:24 PM
 #147

There is minimal risk when you invest in a quality product with a solid team.
but the risk is still there. however, in the business world, whether it's trading, investing, etc. all have risks that need to be faced and prepared. those who can't afford to lose their money, you shouldn't do any business. no matter how small a business, then it will have risks that need to be faced.
You're right. Whether the risk is high or low. There's always a risk in business, any kind of business! Investors have to know that. Especially in a new market like the cryptocurrency market, the risk is even way higher than other markets. Because of that, investors in the cryptocurrency market have to be wise and really careful about what they're doing!
Being careful in means on studying up everything before making any move because it will surely cost you once you did make a mistake but to know that getting mistakes are inevitable
this is why its important to lessen up as small as possible.

We do know that crypto market is way more riskier compared to other traditional markets that we do know and if you hate risk then investment world wont really fit you out but to think
that you wont earn nothing if you wont risk something.

People should accept the fact that they are dealing with risk but it can be handled out with experience,skills and knowledge.

Experience will teach you a lot of tips and tricks in crypto trading, but basic skills and knowledge will give you more in depth understanding of the market. So to be successful in crypto trading is not an overnight target. The longer you are in crypto trading, the more knowledge you have on how to attack each and every coin. Because each coin has their own features and advantages.
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July 12, 2020, 02:32:58 AM
 #148

It is simple, those who hate risks are the person who doesn't want a better life, they just simply seeking security rather than freedom and it is the reason why they keep avoiding taking risks. For those who want to become trader but you hated to take risks, it is better if you will just keep your money and do not invest it. Accepting and taking risks are fundamentals of being a trader and investors. We should be aware that all of investments have risks and if we want to earn money then we should face and handle it.

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FanEagle
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July 12, 2020, 07:04:33 AM
 #149

It is simple, those who hate risks are the person who doesn't want a better life, they just simply seeking security rather than freedom and it is the reason why they keep avoiding taking risks. For those who want to become trader but you hated to take risks, it is better if you will just keep your money and do not invest it. Accepting and taking risks are fundamentals of being a trader and investors. We should be aware that all of investments have risks and if we want to earn money then we should face and handle it.
There is famous saying about risk, "if you do not risk something then you may happen to risk everything in your life". I believe traders cannot exist without loving risk factors; I mean you need to deal with risk in order to crack profits hence you like or not you must live among risks if you want to be a trader. There are lots of strategies available to minimize risks and on how to deal with risks while trading hence we never need to hate it.

Calculated risk must be the primary one for the people who hate risks. When you enter a trade, you must go for analyzing about stoploss limits; it means if the stop-loss is too long like 20% of your capital then you may skip such calls. This way if you are ready to face losses at the beginning of each trades then you can avoid later-on frustrations.

The second one is, being stronger in technical analysis; it is possible through more than 3 different technical analysis. When you wait for all your strategy to say same thing to take a trade then the chances for losses is too low. At the same time, when you depend on more strategies then your number of trades also will be too low.

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July 13, 2020, 03:07:11 AM
 #150

It is simple, those who hate risks are the person who doesn't want a better life, they just simply seeking security rather than freedom and it is the reason why they keep avoiding taking risks. For those who want to become trader but you hated to take risks, it is better if you will just keep your money and do not invest it. Accepting and taking risks are fundamentals of being a trader and investors. We should be aware that all of investments have risks and if we want to earn money then we should face and handle it.
In any investment, it is necessary to have a reasonable investment strategy and the avoidance of risks when investing is impossible in this market.

People should accept and get used to it because if you want to get rich from this market, that's the only way. I believe that people who overcome this will feel more confident every time they make decisions because they have a lot of experience to ensure their profits.
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July 13, 2020, 12:52:40 PM
 #151

In any investment, it is necessary to have a reasonable investment strategy and the avoidance of risks when investing is impossible in this market.
Thats true we need to be prepared for the possible outcome of our investment because we are not certain if what we expected will going to happen. Sometimes its the opposite and losing is part of it.

People should accept and get used to it because if you want to get rich from this market, that's the only way. I believe that people who overcome this will feel more confident every time they make decisions because they have a lot of experience to ensure their profits.
Every investment has risk and those who can manage to face it are likely to succeed. Have guts and dont be afraid to lose because that experience will give us a lesson and we can use for our next plan.

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July 13, 2020, 01:08:44 PM
 #152

I don't think that there is any one who wish to trade either forex stock or cryto with a 100% risk free, you cannot escape from having a loss in some trade, just that it has to be minimal, people hate the risk because of the volatility, that's what I think
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July 13, 2020, 08:17:40 PM
 #153

You'll want to know how to be fear in order to keep you alive and successful in this world. If you are fear of being death, you'll try to do anything that can lead to the death. It is the same in business, if you fear of being failed, you'll do everything to make sure that doesn't happen.  However, the important thing is that you should be able to control your fear. Don't be too fear to take action!
I heard a famous saying that reads as " The biggest risk you can take in life is actually by taking no risk at all"

This means a lot to me because if you are too shy and living a life that is limited to yourself and not willing to take any risks then certainly you will end up living an average life which is fine but since you are given the chance to live once better make the maximum use of it and live like a king.

Myself until my graduation I was living the life of an introvert and I would just not take any risks, adventures or anything that would have any risk but after a few years I was in a bad situation as I was jobless but that time taught me a lot and now I am just not afraid to take any risks as long as they are sensible because there is a difference being fearless and being foolish.

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July 14, 2020, 05:23:09 AM
 #154

There is minimal risk when you invest in a quality product with a solid team.
but the risk is still there. however, in the business world, whether it's trading, investing, etc. all have risks that need to be faced and prepared. those who can't afford to lose their money, you shouldn't do any business. no matter how small a business, then it will have risks that need to be faced.
You're right. Whether the risk is high or low. There's always a risk in business, any kind of business! Investors have to know that. Especially in a new market like the cryptocurrency market, the risk is even way higher than other markets. Because of that, investors in the cryptocurrency market have to be wise and really careful about what they're doing!
Taking risks when investing is not something everyone can do but if you do not know how to minimize the risk, it is your fault. In this market, knowledge is not everything because if the market suddenly drops then people will often change their minds very quickly.

I think it will depend on a lot of luck and there are winners and losers so you have to have a different strategy from everyone in this market.

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July 14, 2020, 04:48:43 PM
 #155

As newbie never expect too much, try to enjoy starting with a little calculation, I think eventually you earn much more than that whatever you expected. Normally, wasting money and time is your guideline to do better and the only way is to stay with calm surroundings to witted while doing for long term trading.
Yes, still the annoying part of this is when you realize that these people complaining of risks and losing their money have not even studied anything about trading. Someone was making a fuss about losing his money all the time he tries to trade. Then I asked if he has any strategy or any idea at all on trading, and at the end I discovered he didn’t even learn about trading. He was just hitting the buy and sell and trying his luck to make profit. And at the end he’s complaining Shocked.

Before anyone say trash about crypto trading, it better be that they have studied first and then applied what they learnt. And if it doesn’t work, then you can leave.
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July 14, 2020, 04:57:04 PM
 #156

As newbie never expect too much, try to enjoy starting with a little calculation, I think eventually you earn much more than that whatever you expected.
Learn the process and continue to understand the business, from then you'll be able to find the winning method that you can use while
using this platform to make a living.

Normally, wasting money and time is your guideline to do better and the only way is to stay with calm surroundings to witted while doing for long term trading.

You'll soon succeed if you are keen in finding the perfect ways to deal with your trading business, it's not that easy but really doable
if you are serious in every opportunities that will be available for you.

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July 15, 2020, 07:10:57 AM
 #157

Risk is always there and we are facing risk sometimes risk is sometimes a part of every trader or investors life. Opportunity with a big risk comes with a great profit, i dont hate risk i only understand or make a research and be more practical, crypto is all about risk ad patience, we only need to deal with it for good.

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July 15, 2020, 09:08:26 AM
 #158

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.
It is actually okay to have fear, sometimes this fear takes us away from so much losses. If risk is more obvious than your winning, then why would you still choose to dive in? There are some risks that are not worth taking for. So what's best is to assess and make analysis before proceeding. Trading is not always about being a risktaker. If you're too confident on taking the risk, that is you, because maybe you have a lot of money to spend to. But it can't be applied to everyone. For me trading is winning or learning.
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July 15, 2020, 11:34:42 AM
 #159

If anyone hate risk, I would suggest stay away here in cryptocurrency business. I supposed your not suitable to here, due to in cryptocurrency there is win or loss, as long as there is a money involved in it risk will always be a part of the game here in crypto space mate. Hope some of the member here get what I'm pointing out.
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July 15, 2020, 05:15:39 PM
 #160

As newbie never expect too much, try to enjoy starting with a little calculation, I think eventually you earn much more than that whatever you expected. Normally, wasting money and time is your guideline to do better and the only way is to stay with calm surroundings to witted while doing for long term trading.
Yes, still the annoying part of this is when you realize that these people complaining of risks and losing their money have not even studied anything about trading. Someone was making a fuss about losing his money all the time he tries to trade. Then I asked if he has any strategy or any idea at all on trading, and at the end I discovered he didn’t even learn about trading. He was just hitting the buy and sell and trying his luck to make profit. And at the end he’s complaining Shocked.
Yeah, if you hate risk there is really not that much in crypto that could be riskless. Even holding out usdt or btc is very risky, because usdt could just become an "exit scam" at any moment and that is very possible, and bitcoin could fall down a lot in price as well.

So, there is nothing that you could do that would make it a possible thing for risk to completely go away, there will always be some level of risk. Of course, buying bitcoin for long term to not touch it for another 20 years and trading 100x leverage bitcoin on bitmex are totally different level of risks and they are not even on the same ball park but that doesn't really mean that it will change it too much, it is still risky to do anything in bitcoin world, you just have to adjust how much.
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July 15, 2020, 08:02:44 PM
 #161

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely

You can't remove fear

It is a basic emotion and only severely disturbed people don't have fear. The good news is that it is not the amount of fear you have that counts but what you do with it and how you can handle it. Further, I don't think it is a good idea not to hate losing money, either, as it essentially amounts to love of losing money. Probably, what you wanted to say can be rephrased as not to be penny wise and pound foolish. That I would certainly agree with

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July 15, 2020, 08:23:57 PM
 #162

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely

You can't remove fear

It is a basic emotion and only severely disturbed people don't have fear. The good news is that it is not the amount of fear you have that counts but what you do with it and how you can handle it. Further, I don't think it is a good idea not to hate losing money, either, as it essentially amounts to love of losing money. Probably, what you wanted to say can be rephrased as not to be penny wise and pound foolish. That I would certainly agree with
Fear cant really be removed on someones emotion specially if we do know that we are risking something which is valuable to us which is mostly talks about money.

People do hate on losing money and in any sort of things or ways for it to happen would really be threat and thats the time where fear do sets in.

When you do gain sufficient experience on a particular thing, this kind of emotion is somewhat can be handled since you do know already on what you are doing. Yeah, you can lose some but you do know
that you can earn more that of that which will result into a profit.

Confidence would really build up if you do know on how things works and pretty much aware on how its been done.

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July 16, 2020, 04:44:45 AM
 #163

The risk must be resisted and overcome because there is nothing you can get by not dealing with the risk, whatever you get at least there is a risk so that it is impossible for you to carry out an activity without risk but indeed, every activity and risk will always be different but in trading is only about loss but when you have realized it then at least you will definitely be able to handle it even though it is not perfect but at least growing experience is the most important.
Once you enter this market, it is best to take risks because this will be inevitable when you enter the crypto market. I think that before investing in any investment, you should consult with some others or take the time to analyze. I hate risks like others but I always have a strategy to avoid this because this is the only way to help me minimize the risk when investing.

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July 16, 2020, 02:14:53 PM
 #164

Definitely trading is not for the people who is not interested in taking high risky decision to make more money, trading is entirely a gambling like condition all the time we may never know what will come at the end of the day so be prepared for any amount of loss so you can be able to make timely decision and make profits as well.

Different trading methods have different risk levels so we can choose the less risky long term method if we don't want to face the risks everyday.
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July 16, 2020, 02:45:54 PM
 #165

Definitely trading is not for the people who is not interested in taking high risky decision to make more money, trading is entirely a gambling like condition all the time we may never know what will come at the end of the day so be prepared for any amount of loss so you can be able to make timely decision and make profits as well.

Different trading methods have different risk levels so we can choose the less risky long term method if we don't want to face the risks everyday.

But we face risks every day, you can choose less risky approach with small gains, some people don't wish to settle with small gains, they wish to make big profit, and they need to risk big time. What's different is the capital available for trading, and what's big and what's low capital, for some people $100 is a lot of money, and they would settle with 10% profit, some have a bigger appetite, and for them few hundred dollars is nothing.
We all risk to make profit, small or big time depends on money you have and how much profit you wish to make with that money.

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July 16, 2020, 03:56:19 PM
 #166

Definitely trading is not for the people who is not interested in taking high risky decision to make more money, trading is entirely a gambling like condition all the time we may never know what will come at the end of the day so be prepared for any amount of loss so you can be able to make timely decision and make profits as well.

Different trading methods have different risk levels so we can choose the less risky long term method if we don't want to face the risks everyday.

But we face risks every day, you can choose less risky approach with small gains, some people don't wish to settle with small gains, they wish to make big profit, and they need to risk big time. What's different is the capital available for trading, and what's big and what's low capital, for some people $100 is a lot of money, and they would settle with 10% profit, some have a bigger appetite, and for them few hundred dollars is nothing.
We all risk to make profit, small or big time depends on money you have and how much profit you wish to make with that money.

Day trading is risky though no matter how small we are aiming as profit margin so day traders have to be ready to face the worst day of their life.And we should have to set our margin based on the percentage, if we fix the amount in dollars we may never reach the value.Longer the time we choose to trade then we have clear forecast about how the market is moving that is why long term trading is less risky.
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July 16, 2020, 04:59:50 PM
 #167

The risk must be resisted and overcome because there is nothing you can get by not dealing with the risk, whatever you get at least there is a risk so that it is impossible for you to carry out an activity without risk but indeed, every activity and risk will always be different but in trading is only about loss but when you have realized it then at least you will definitely be able to handle it even though it is not perfect but at least growing experience is the most important.
Once you enter this market, it is best to take risks because this will be inevitable when you enter the crypto market. I think that before investing in any investment, you should consult with some others or take the time to analyze. I hate risks like others but I always have a strategy to avoid this because this is the only way to help me minimize the risk when investing.
I agree with you. We can not run away from the risks. It is always there no matter how we try to analyze and make a correct prediction. Its kinda a number games with more edges for us to use and benefit ourselves. As a trader I understand how hard it can be to take profit from our trading.

Well, the bigger risk you take, the more profit you have

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July 16, 2020, 06:19:08 PM
 #168

taking that risk also needs to start developing ourselves at a higher level. Being an introvert is indeed very difficult to take decisions and does not dare to take any risk and choose the safest way. But because of circumstances and situations that support you inevitably have to take risks that you don't really want, but that will provide lessons. valuable.

Those who hate and always avoid risk will never feel about how it feels to struggle and get past that risk.
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July 16, 2020, 07:21:30 PM
 #169

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.
I feel it is wrong to say that certain individual amidst traders hate risk; trading itself is a risk; willingness not to undergo further risk is a choice; and cannot be based on being afraid. Every trader has their daily targets; and while some extend their target; some don't go beyond their limits; it shows great composure and matured minds with core experience in trading to do that. Always do your own research.
Don't be emotional while trading your cryptocurrency or your stocks. There is nothing come quickly from not taking risk in life including this industry, I always says, nothing is more rewarding than taking risk in doing whatsoever you wants. Am a risk taker and not afraid to take any when the time is ripe to do so, maybe are afraid of taking risk but end up with nothing. Although, trading itself is a risk and even life itself too.

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July 16, 2020, 08:04:43 PM
 #170

Day trading is risky though no matter how small we are aiming as profit margin so day traders have to be ready to face the worst day of their life.And we should have to set our margin based on the percentage, if we fix the amount in dollars we may never reach the value.Longer the time we choose to trade then we have clear forecast about how the market is moving that is why long term trading is less risky.
Actually most of the day traders use stop loss to avoid big loss within the same day so I don't think day traders are too much at risk of loosing big rather long term investors are the one who are at risk.

You said that longer we choose to trade enables less risk but that is not how it is because you can't predict the price even in the extended run, I mean yes we can easily say that price next year will be better than this year but the same cannot be said like the week the price might be worse than this week and even can't be predicted for months. Day trading is really easy if you understand how to use stop loss and cash small profits time to time rather than waiting for more and more price hike.

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July 16, 2020, 09:21:59 PM
 #171

Well, the bigger risk you take, the more profit you have

That's not necessarily the case

The bigger the risk the more the profit mantra is only applicable to a very small number of exceptionally skillful and experienced traders who can correctly assess their risk-reward ratios and their dynamic. For the rest of the pack, it is mostly gambling anyway, and more risk can in fact be linked to lower profits. It is like people looking for diversification in altcoins whereas in reality they are only multiplying their risks (instead of mitigating them)

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July 17, 2020, 01:30:58 AM
 #172

The risk must be resisted and overcome because there is nothing you can get by not dealing with the risk, whatever you get at least there is a risk so that it is impossible for you to carry out an activity without risk but indeed, every activity and risk will always be different but in trading is only about loss but when you have realized it then at least you will definitely be able to handle it even though it is not perfect but at least growing experience is the most important.
Once you enter this market, it is best to take risks because this will be inevitable when you enter the crypto market. I think that before investing in any investment, you should consult with some others or take the time to analyze. I hate risks like others but I always have a strategy to avoid this because this is the only way to help me minimize the risk when investing.
I agree with you. We can not run away from the risks. It is always there no matter how we try to analyze and make a correct prediction. Its kinda a number games with more edges for us to use and benefit ourselves. As a trader I understand how hard it can be to take profit from our trading.

Well, the bigger risk you take, the more profit you have
There will be a lot of risk-loving people in this market because this is a way to make them richer in this market but there are certainly not many people who can do this. In my opinion, always ensure your assets when participating in the market and of course have a plan to make sure you can make a profit from that coin. Risk is generally essential in the market and I prefer investing in risky projects to become richer.

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July 17, 2020, 04:02:31 AM
 #173

We can only succeed if there is a risk. Risk helps us to rise I don't hate risk so I can learn something new and increase our skills When it comes to investing, everyone makes a profit. In that case it is not possible to make a profit if we do not invest without risk There will be both big and small risks Don't be discouraged if you try to overcome it.



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July 17, 2020, 07:25:24 AM
 #174

Day trading is risky though no matter how small we are aiming as profit margin so day traders have to be ready to face the worst day of their life.And we should have to set our margin based on the percentage, if we fix the amount in dollars we may never reach the value.Longer the time we choose to trade then we have clear forecast about how the market is moving that is why long term trading is less risky.
Actually most of the day traders use stop loss to avoid big loss within the same day so I don't think day traders are too much at risk of loosing big rather long term investors are the one who are at risk.

You said that longer we choose to trade enables less risk but that is not how it is because you can't predict the price even in the extended run, I mean yes we can easily say that price next year will be better than this year but the same cannot be said like the week the price might be worse than this week and even can't be predicted for months. Day trading is really easy if you understand how to use stop loss and cash small profits time to time rather than waiting for more and more price hike.
I don't really think much people were using stop loss features, they just go into day trading as gambling for sure.And why day trading is risky means not every day you are going to make profits some day you may get profits and some other days you will end up in loss so the net profits may not be much but remember you are going to pay trading fee every time which keep eating your capital if your net profit is zero.
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July 18, 2020, 01:03:03 PM
 #175

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.
Trading is actually fun in the long run. But on our first steps, there are great fears and challenges that we need to face. Experiencing bad losses on early days or months of a newbie is okay. But we should learn from that lost and use that learning on our future trades. For me trading is a matter of practices and analysing markets very well.  We should make good returns for those trades we've lost!

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July 18, 2020, 02:20:43 PM
 #176

We can only succeed if there is a risk. Risk helps us to rise I don't hate risk so I can learn something new and increase our skills When it comes to investing, everyone makes a profit. In that case it is not possible to make a profit if we do not invest without risk There will be both big and small risks Don't be discouraged if you try to overcome it.
There have already been situations when the cryptocurrency market provided users with very good returns without the slightest risk, because favorable circumstances developed. But basically, you do not need to take risks in order to achieve success, because in the cryptocurrency market, good trading results can be achieved only through correct analysis and correctly planned tasks. Of course, it happens that the risk can be justified, but you should not get too carried away with it.
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July 18, 2020, 02:24:36 PM
 #177

We can only succeed if there is a risk. Risk helps us to rise I don't hate risk so I can learn something new and increase our skills When it comes to investing, everyone makes a profit. In that case it is not possible to make a profit if we do not invest without risk There will be both big and small risks Don't be discouraged if you try to overcome it.
If there is no risk involved in trading, then I guess each and everyone will be into trading and making no such field existing in this world. Because only due to we are having risk in trading, the results of trading are different; it means people who are able to handle risks are getting profits and others are getting failed. So, there will be no meaning of hating risks. It is a common enemy for all traders and we must work on the techniques to beat it up.

basically, you do not need to take risks in order to achieve success, because in the cryptocurrency market, good trading results can be achieved only through correct analysis and correctly planned tasks.
Yes, analysis and planned works are helping people to be the successful traders and people who ignore these important parts of trading are getting out of trading over the time by slowly losing all their capital. I mean risks in trading must be the all needed thing so that if we have reason to be successful in trading then we can be so, and all others who do not make themselves perfect to handle risks biting dust in the end.
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July 18, 2020, 04:30:10 PM
 #178

If you hate risk it's better not to trade at all, no matter trading crypto, stock or forex all have risks. We must do risk management
to be able to minimize losses, there is no easy trading. Therefore you have to learn a lot about trading, so you can read trading charts.
So making money from trading will be easier, experience is also very important to be successful when trading. So multiply the practice,
so that our experience can increases.

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July 18, 2020, 08:04:22 PM
 #179

If you hate risk it's better not to trade at all, no matter trading crypto, stock or forex all have risks. We must do risk management
to be able to minimize losses, there is no easy trading. Therefore you have to learn a lot about trading, so you can read trading charts.
So making money from trading will be easier, experience is also very important to be successful when trading. So multiply the practice,
so that our experience can increases.
I guess all the traders who are not preferring to handle risks of trading, they will get into the state of not at all trading after some time because when you are hating to handle risk then you will slowly get out of the race because this system is working only for the people who are having skill to handle risk with respect to their rewards. I mean even they are not taking the decision of getting out of trading, they cannot sustain to continue their trading.

I agree that risk management must be a very important tool in trading but when you're failed to master the strategies and principles of basic risk management then you can never become a trader at all. I guess this kind of people cannot be a successful investors as well. Because, all investors are also traders but with different timeframe. So, when you're unable to handle risks then you cannot be a successful investor as well.
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July 19, 2020, 10:02:33 AM
 #180

Because, all investors are also traders but with different timeframe. So, when you're unable to handle risks then you cannot be a successful investor as well

That's simply not true

And the reverse is not true, either. You can be a trader, for example, a day trader, who doesn't know any of the ins and outs of the assets he trades, but who only looks at what TA tells him (whether it is a profitable strategy long term is another matter). On the other hand, you can invest in a business which you know throughout while you may still deeply despise the trading mindset, as in buy low and sell high. Indeed, there are certain overlaps, but I still would avoid such sweeping generalizations like all traders are investors and vice versa. Put shortly, there is a difference of a kind between these two groups of market players, as opposed to a difference in degree

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July 19, 2020, 12:04:47 PM
 #181

If you hate risk it's better not to trade at all, no matter trading crypto, stock or forex all have risks. We must do risk management
to be able to minimize losses, there is no easy trading. Therefore you have to learn a lot about trading, so you can read trading charts.
So making money from trading will be easier, experience is also very important to be successful when trading. So multiply the practice,
so that our experience can increases.

There is no way to avoid this market risk and risk should be considered a part of your life because you have to get used to it. Instead of trying to avoid it, you should learn how to minimize the risk because if you have the right strategy, you can control all your investments well. Also, you can read some other ways and can apply it if it feels right for your investment.






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July 19, 2020, 12:15:12 PM
 #182

If you hate risk it's better not to trade at all, no matter trading crypto, stock or forex all have risks. We must do risk management
to be able to minimize losses, there is no easy trading. Therefore you have to learn a lot about trading, so you can read trading charts.
So making money from trading will be easier, experience is also very important to be successful when trading. So multiply the practice,
so that our experience can increases.

There is no way to avoid this market risk and risk should be considered a part of your life because you have to get used to it. Instead of trying to avoid it, you should learn how to minimize the risk because if you have the right strategy, you can control all your investments well. Also, you can read some other ways and can apply it if it feels right for your investment.

This is one of the secrets in trading if you want to win all of your trades you must need to avoid and lessen the risk to your money, in that case, you do not losses all of your funds immediately instead you will have enough market profit despite you have a daily quota or weekly on it.

Let's say you have a fund which is over ten (10) dollars and you already win your funds and because of too much greedy you want more of it and now the dumping of the price are starting on and you cannot make a good market profit now and you have now two choices which are:

Waiting for the market to pump up again and hodl your trade that could possibly chance of rapid downfall.

Pull out your funds because you already have enough profit

Choose one.

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July 19, 2020, 04:19:00 PM
 #183

Trading is meant only for people with boldness, though is all about risk aswell as no one can predict the market but what I know is when risking trades, you can also try all possible Bert to avoid much loss but maximize your profit. All depends on the skills acquire before venturing into trading.

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July 19, 2020, 05:20:55 PM
 #184

In order to trade, one must first acquire education, create a strategy, and backtest, then trade according to the strategy. The rule of strategy cannot be broken.
Money management is the key to success. If you follow money management with strategy, you can do profitable trading.
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July 19, 2020, 05:59:54 PM
 #185

Risk is intimately involved with all investments, including trading. If one thinks that it is possible to trade without risk, It is not possible to guarantee a 100% profit in the case of trading. Only by gaining knowledge about trading and gaining practical skills can the amount of risk be reduced. So you have to trade after accepting the risk of losing money and your skills and experience can be used to overcome this fear.

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July 19, 2020, 06:32:29 PM
 #186

In order to trade, one must first acquire education, create a strategy, and backtest, then trade according to the strategy.

Practicing every time you find good strategy will give you much better outcomes.

The rule of strategy cannot be broken.

You must stick and strictly follow what you already plan while trading.

Money management is the key to success. If you follow money management with strategy, you can do profitable trading.

You can, as long as you know what you are doing it's giving you opportunities to succeed.

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July 19, 2020, 08:13:06 PM
 #187

The rule of strategy cannot be broken.

You must stick and strictly follow what you already plan while trading

Do you know the difference between a pro and an amateur?

And the difference between professionals and amateurs in any game [emphasis mine] is that the professional knows when to stop (these are not my words, so no plagiarism intended). So it is definitely not like "you must stick and strictly follow what you already planned". If something goes against your plans, you should always be ready and willing to fold. If you are trying to push through, no matter what, you may end up losing much more than if you abandoned your plan immediately, without second thoughts or regrets (read, no sunk cost fallacies are allowed in trading)

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July 19, 2020, 09:00:13 PM
 #188

I do not understand why we are being harsh towards people who do not like risks? I mean there are riskless stuff in the trade world that you can do that would help you out and still allow you to be a trader. For example if you have some stop loss, some support points and resistance points ready with sell orders and buy orders, I am pretty sure that you could make a trade on bitcoin constantly. Of course, you could make a change but at the same time that doesn't mean that it will be suddenly too risky or less risky.

So, what I am trying to say here is that people who hate risk could still be involved with bitcoin trading, even if you do not want to do a day trade, just buy it and keep it and do not sell it until it is 20% profit and that is trading all the same even though it would be considered mostly investment.

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July 19, 2020, 11:56:35 PM
 #189

The rule of strategy cannot be broken.

You must stick and strictly follow what you already plan while trading

Do you know the difference between a pro and an amateur?

And the difference between professionals and amateurs in any game [emphasis mine] is that the professional knows when to stop (these are not my words, so no plagiarism intended). So it is definitely not like "you must stick and strictly follow what you already planned". If something goes against your plans, you should always be ready and willing to fold. If you are trying to push through, no matter what, you may end up losing much more than if you abandoned your plan immediately, without second thoughts or regrets (read, no sunk cost fallacies are allowed in trading)

When plan is likely to fail then there would always be a plan B.If you dont have it then better quit and not to proceed at all.I agree on what you have said on here on which this is a common reason why traders
do really lost up their capital because they do force out things to happen according to their likes even the current condition they are taking is totally going opposite.Soon they do realize when its already too late.
All plans wont be executed or would happen according on what you anticipated and with this kind of market we are dealing with then its no surprise for these kind of circumstances.

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