Those that hate risks!

[maydna]

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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[ragavancoin]

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.

[davinchi]

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.

[Nathanz]

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.

[rexxarofmoknathal]

'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.

[darewaller]

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.

[Mrengage]

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.

[mirakal]

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.

[michellee]

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.

[drlukacs]

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.

[Ridwan Fauzi]

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.

[Yamifoud]

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.

[CryptopreneurBrainboss]

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.

[tvplus006]

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.

[onrise]

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.

[Gozie51]

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.

[Mpamaegbu]

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.

[Kasabus]

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.

[whyrqa]

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.

[justdimin]

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.