pinggoki
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January 06, 2022, 02:35:01 AM |
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The technology is safe and all, the only problem like any cause of the problem is the people, if people are stupid and careless, even a bouncy castle can kill someone. A little introspection can help a lot sometimes, maybe it's not the tech but maybe it's the one who uses it.
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TheUltraElite
Legendary
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Activity: 2982
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So anyway, I applied as a merit source :)
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January 06, 2022, 05:48:30 AM |
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On the other hand, actually things like this are not about gambling problems or anything else, but indeed there must be based on observations and see the good momentum there because of course we will not be random in choosing which coins, especially for short-term trading. we of course analyze first and make a research so that at least when we enter into a trade even if it is a short-term trade but we get profits there Most speculative assets have a spot trading, these will need your background research and chart analysis to get into a good position to buy in. But then the people who get their kick from the cheap thrills will not find this interesting at all because they need to wait for prices to rise and then sell. Hence exchanges came up with margin and leverage for a type of gambling on predictions. It would not matter which asset you talk about, most have some sort of spot and margin types. People who want to keep it safe, buy BTC for spot trading. Dont do altcoins, dont do margin and leverage trading. If you looking for gambling chances go to a casino but dont forget the risk associated with it. Among all crypto, I find BTC to be the safer one in terms of being decentralized and censorship-resistant.
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magneto
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 06, 2022, 07:45:36 AM |
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On the other hand, actually things like this are not about gambling problems or anything else, but indeed there must be based on observations and see the good momentum there because of course we will not be random in choosing which coins, especially for short-term trading. we of course analyze first and make a research so that at least when we enter into a trade even if it is a short-term trade but we get profits there Most speculative assets have a spot trading, these will need your background research and chart analysis to get into a good position to buy in. But then the people who get their kick from the cheap thrills will not find this interesting at all because they need to wait for prices to rise and then sell. Hence exchanges came up with margin and leverage for a type of gambling on predictions. It would not matter which asset you talk about, most have some sort of spot and margin types. People who want to keep it safe, buy BTC for spot trading. Dont do altcoins, dont do margin and leverage trading. If you looking for gambling chances go to a casino but dont forget the risk associated with it. Among all crypto, I find BTC to be the safer one in terms of being decentralized and censorship-resistant. Even with crypto spot (unleveraged trading) there are significant risks. Vapourware, coins with crappy tokenomics and rug pulls are all too common at this stage. Diversification is key to getting the best risk-adjusted returns, and that is probably one of the biggest pieces of wisdom that traditional finance courses teach that is still applicable to the crypto sphere.
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Congyang
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January 08, 2022, 01:03:42 PM |
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Even with crypto spot (unleveraged trading) there are significant risks.
when it comes to trading without leverage it really depends on your trading skills. Leverage is great for professional traders or at least they are knowledgeable and experienced, but can be dangerous and very high risk for traders who don't know how to use leverage wisely. Besides that for those who are not wise in using leverage, psychologically you will definitely tend to increase the volume of positions (despite the risk management rules) but still I think this is very dangerous, especially for beginners who still don't really understand trading with correct
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CDC AP
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January 08, 2022, 04:43:14 PM |
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Nowhere is safe for investing because of the rule it says no pain no gain and no risk no reward of you cannot handle the risk of losing your money and you do not have a proper investment plan then you cannot get gain any profit over your money. Some risks are reasonable and you can somehow handle the risk for example whenever you buy bitcoins you can set your targets and set a stop-loss for your funds buy some others are not reasonable, for example when you don't know the project and what it does then you participate on the ICO with closed eyes hoping for high returns which is more like gambling.
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Davidvictorson
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January 08, 2022, 07:28:33 PM |
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Nowhere is safe for investing because of the rule it says no pain no gain and no risk no reward of you cannot handle the risk of losing your money and you do not have a proper investment plan then you cannot get gain any profit over your money. Some risks are reasonable and you can somehow handle the risk for example whenever you buy bitcoins you can set your targets and set a stop-loss for your funds buy some others are not reasonable, for example when you don't know the project and what it does then you participate on the ICO with closed eyes hoping for high returns which is more like gambling.
The r in crypto stands for risk. You should be willing to take risks because there's no one who ever became rich without any sort of risks. Ask Elon and SpaceX. Now back to Bitcoin. Apart from the network being hacked and Satoshi dumping their stash then it's a relatively safe investment. In time more liquidity will reduce the volatility. But if the network ever gets compromised by quantum computing then the value will go to zero for sure and probably be replaced by something else similar in the future.
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stomachgrowls
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January 08, 2022, 07:47:42 PM |
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Nowhere is safe for investing because of the rule it says no pain no gain and no risk no reward of you cannot handle the risk of losing your money and you do not have a proper investment plan then you cannot get gain any profit over your money. Some risks are reasonable and you can somehow handle the risk for example whenever you buy bitcoins you can set your targets and set a stop-loss for your funds buy some others are not reasonable, for example when you don't know the project and what it does then you participate on the ICO with closed eyes hoping for high returns which is more like gambling.
The r in crypto stands for risk. You should be willing to take risks because there's no one who ever became rich without any sort of risks. Ask Elon and SpaceX. Now back to Bitcoin. Apart from the network being hacked and Satoshi dumping their stash then it's a relatively safe investment. In time more liquidity will reduce the volatility. But if the network ever gets compromised by quantum computing then the value will go to zero for sure and probably be replaced by something else similar in the future. Nothing do last forever and we know about that thing which it is something inevitable to happen specially if quantum computing is already there on which this could really affect lots of things that we do have now and of course there would be some adaptation which simply means that it would bloom out new projects which is immune into this. Speaking of technicality then most of us arent really aware of that stuff thats why learning up with even the basics could give you at least some good idea on whats happening around. Deal according into your capacity and secure off profits while you still can.
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herurist
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 08, 2022, 08:14:28 PM |
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The technology is safe and all, the only problem like any cause of the problem is the people, if people are stupid and careless, even a bouncy castle can kill someone. A little introspection can help a lot sometimes, maybe it's not the tech but maybe it's the one who uses it.
Technically what you say is correct because the problem is not with the system or technology but the people who use it in a dirty way and can be said to be criminals. but actually things like this I think are very easy to prevent when we really understand both in managing and analyzing something. but the problem is sometimes people are still in the nature of selfishness and still put greed first so things like this will definitely keep happening
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cafucafucafu
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January 08, 2022, 08:49:10 PM |
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I'd actually argue that crypto/bitcoin is actually quite safe for the long run.
Given the tokenomics of bitcoin, it is disinflationary and have a capped supply. So long as there is no massive failure to the network it's hard to see how its value will underperform fiat over the long run.
But diversification is certainly key especially if you are looking at risky assets like crypto. Diversify both within asset classes and across asset classes. Even if you are the most ardent crypto holder, you should diversify in fiat assets like stocks to cover your back.
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dark1234
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January 08, 2022, 10:03:55 PM |
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In fact, the bitcoin price cycle from the beginning has a lot of similarities, and this is usually influenced by newcomers who may just follow investment trends among enthusiasts so that they get investment losses without gaining valuable momentum because ignorance of this mistake there is a prospect to abandon it and throw it away while the others hold on and settle down while learning the realities and systems of blockchain and crypto
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nakamura12
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January 08, 2022, 10:16:50 PM |
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In fact, the bitcoin price cycle from the beginning has a lot of similarities, and this is usually influenced by newcomers who may just follow investment trends among enthusiasts so that they get investment losses without gaining valuable momentum because ignorance of this mistake there is a prospect to abandon it and throw it away while the others hold on and settle down while learning the realities and systems of blockchain and crypto
That would be a bad idea if a newbie will invest just because of a trend without doing a research themselves if it's worth to invest or not and if it's a good idea to abandon or still use crypto. Scammers would also be a problem for some as they might get discouraged in crypto because of these scammers if ever some newbies fall in many scam ways that a scammer can think of unless newbies will increase their security and be knowledgeable so that detecting a scam scheme will be easy.
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Rockstarguy
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January 27, 2022, 08:39:36 AM |
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Cryptocurrency is not as easy as most people think. Even if one buy a coin to hodl, if the person don't have patient mind to wait to make profit the person may decides to sell it , also if the person don't have a job as a source of income the person won't be able to wait and may decide to sell it to solve problems.
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R |
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carlfebz2
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January 27, 2022, 11:54:00 PM |
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Cryptocurrency is not as easy as most people think. Even if one buy a coin to hodl, if the person don't have patient mind to wait to make profit the person may decides to sell it , also if the person don't have a job as a source of income the person won't be able to wait and may decide to sell it to solve problems.
Any investment wouldnt really be easy because buying and selling thing wouldnt really be simple as it sounds as if these things would really be taking lots of considerations before you could do such step or decision on a specific situation or condition. Dont think about being safe because any investment does have its own risks of losing money instead of gaining.This is why trying your best on using up risks management and good emotion handling. Bad decisions do comes out on these kind of times and if you dont have that kind of control then you would really be seeing this as a big problem.
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Uang_kartal
Full Member
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betfury
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January 28, 2022, 12:48:16 AM |
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this is an absolute requirement for some people's desire for business, wanting a safe and doubled profit. If people are aware of crypto from the beginning and are published throughout the print media and commercial electronic media and appear in advertisements, the story may be different until this moment. Even the layman asking for her hand considering the initial phase of crypto launching was very easy and almost worthless.
it can't be separated from the main risk, in this discussion, of course we have to accept it
1. the price fluctuates 2. vulnerability 3. data security 4 Moreover, there are also rogue and fraudulent exchanges or places to invest. 5. the target of irresponsible persons with manipulation and there is no agency / agency to report
Of course the benefits of crypto are also not solely from the weaknesses above. now should be the right year to ask for her hand before returning to ath, which has happened, especially bitcoin,
back to money management, how much we target can profit or even hit a loss. That's a risk
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globalpain
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The OGz Club
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January 28, 2022, 07:37:42 AM |
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Cryptocurrency is not as easy as most people think. Even if one buy a coin to hodl, if the person don't have patient mind to wait to make profit the person may decides to sell it , also if the person don't have a job as a source of income the person won't be able to wait and may decide to sell it to solve problems.
It's true that basically cryptocurrency can be said to be very complex because we need to do a lot of preparation in various ways for sure, knowledge, skills and mentality play an important role and we cannot ignore it, especially with the current conditions I think we need a lot of patience and it's not something easy
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lixer
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January 28, 2022, 02:38:17 PM |
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Cryptocurrency is not as easy as most people think. Even if one buy a coin to hodl, if the person don't have patient mind to wait to make profit the person may decides to sell it , also if the person don't have a job as a source of income the person won't be able to wait and may decide to sell it to solve problems.
How can they buy a crypto if they do not have a job? But, unexpected things can happen like they can loose their job and the only thing that will be left for them is their crypto investments. Selling a portion of your cryptos is not bad to be able to support your life for a while but you may need to start moving, find a job replacement as soon as possible. You may not want to use all your crypto investments did not you? The time will come that we can relax but it would be better if we can relax while we have lots of cash in our pockets , we can buy the things whatever we want, we can travel anywhere and so on. This will be easier with the help of cryptos.
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ReiMomo
Sr. Member
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Duelbits - $100k Bonus/week
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January 28, 2022, 05:34:19 PM |
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Many are living their businesses to turn to crypto with the mind of joining the trend and with the way crypto investment is been hyped lately many just feel its actually one of those easiest way to make money online and the funny part is most of them dive into this opportunity without any formal knowledge about how the system works.
I will say crypto isn't a safe Haven and there is no 100% guarantee in crypto investment although one can attest to the fact crypto isn't ponzi but yet it's not just an easy adventure its an ever learning business option that could be passively yielding and at the same time bankrupt yielding depending on ones approach.
If crypto was that easy to go by we would have had more than half of the world's population living very comfortably not giving much concern to their economic data any longer. But the truth remains crypto investment is more difficult compared to manual businesses
Everyone has recently seen Bitcoin's growth last year and as well as seen many investors gain a lot from it. Hence yes we have too many investors leaving their business and investing in Bitcoin with all their money they have. But yes many here know it's too risky to invest in Bitcoin but they blindly believe that holding Bitcoin will certainly will bring in more profits. But yes nothing can be assured of.
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qwertyup23
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 30, 2022, 11:19:46 PM |
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Yes, that's right, no place is completely safe, there's always room for error. But we can draw conclusions from all the places which are the lowest risk. When we know there is no place that is completely safe, at least we know which place is the lowest risk level, so we can minimize the problems that will occur. One message from me, in the world of cryptocurrency, don't trust anyone, I emphasize to anyone, including those closest to us.
The risk depends upon the research that we made as investors. Since we are dealing with investments that could either make or break our profit in the end, it is very noteworthy to mention that it is essential that we do our proper research to minimize the risks that we are dealing with. Given that investing into BTC is actually a very risky thing to do, its price history it what compels me to drive and invest further. As someone who invested and started my journey in BTC way back in 2017, it is fairly safe to assume that investing into BTC could definitely be profitable if you withdraw in the right amount and time.
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Mahanton
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 31, 2022, 02:45:13 AM |
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Cryptocurrency is not as easy as most people think. Even if one buy a coin to hodl, if the person don't have patient mind to wait to make profit the person may decides to sell it , also if the person don't have a job as a source of income the person won't be able to wait and may decide to sell it to solve problems.
It's true that basically cryptocurrency can be said to be very complex because we need to do a lot of preparation in various ways for sure, knowledge, skills and mentality play an important role and we cannot ignore it, especially with the current conditions I think we need a lot of patience and it's not something easy Doesnt need to go with technical aspects because there are things which that sticking with the most basic information would suffice or would be sufficient when it comes on dealing with it.No one is safe in terms of investment and other things correlated to it because when you do put up money or anything does have value then expect that there would be corresponding risk attached to it which you should mind off on avoiding as much as you could.
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lienfaye
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 31, 2022, 02:56:46 AM |
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Everyone has recently seen Bitcoin's growth last year and as well as seen many investors gain a lot from it. Hence yes we have too many investors leaving their business and investing in Bitcoin with all their money they have. But yes many here know it's too risky to invest in Bitcoin but they blindly believe that holding Bitcoin will certainly will bring in more profits. But yes nothing can be assured of.
Some people who think its easy to earn when you invest in Bitcoin are those who witnessed the drastic increased on the price of Bitcoin last year. They tend to go with the flow not knowing the price can also fall like whats happening currently whereas the market is having a hard time to recover consistently. The reason why its important to gain knowledge first before investing because not all the time the market will go as planned. Red days are inevitable so if you dont have long patience you might panic and sell at loss. Its similar in traditional business, people should have patience because the fruit of our hardwork cant be seen overnight.
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