Those that hate risks!

[Yatsan]

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.

[TheGreatPython]

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.

[grizmoblust]

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.

[Assface16678]

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.

[Shallow]

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.

[coinfinger]

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.

[TEX-LXRY]

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

[Utoy101]

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

[Bezobraznike]

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!

[TEX-LXRY]

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.



TEX-LXRY

[JasmineRose]

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.

[Dr.Osh]

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.

[CucakRowo]

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

[Zackgeno96]

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.

[CucakRowo]

- 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?

[carlfebz2]

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.

[dentolas]

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

[TheGreatPython]

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.

[Aaroenz0r]

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!

[cytpoway121]

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.