Do you love and enjoy taking risk?

[Litzki1990]

I love taking Ricks and I enjoy it but not all the time. If taking a temporary risk has a chance of making my future better, then I must take that risk. But why should I take the risk on a matter which will not be of any use if I take the risk?  I always have a tendency to take risks. Opportunities do not come around for everyone. And opportunities are always to be taken advantage of, if taking advantage of an opportunity requires taking a risk then I will not think twice about taking that risk.
I have seen many good opportunities offered to people I travel with but they just don't take advantage of those opportunities because of fear. If such an opportunity comes in my life that is good for my life then I will take any risk to take that opportunity without thinking anything.

[1715323495]

1715323495

[tygeade]

Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.

What future do we really hope for altcoins without Bitcoin?

That line of thinking may lead you to frustration in the long run, altcoin can't be trusted and at that, you shouldn't anticipate any coin to favour you.

What you need to survive in altcoin is the knowledge of the fact that altcoins are just gambles and that you should only gamble with the money you can afford to lose forever because an altcoin is not like Bitcoin there is the hope of recovery so at that altcoin investment are a pour gambling and the risk must be taken with that understanding.

I agree, if you only use the money you are willing to lose during the investment, then if you are wrong then nothing will happen to you but if you are right then you will make a profit. However, willing to risk your money in case you could lose it should be done with care, even at that point, like when you are willing to lose it, why invest into something that would not make any sense to anyone at all?

I would highly suggest that you should be able to invest into something that could profit you and this is why I believe that do not invest just because you are feeling like it would be ok to lose it, invest because you think that you will not lose it with that investment and you will be making a profit, be as certain as you possibly could be before you invest.

[inanilujimi]

What I know is that altcoins have a bigger risk than the botcoin itself, the bigger you take the risk, of course, the closer you will lose a lot of money, the risk does exist, but we can reduce it by managing money in a good way.

[lienfaye]

What I know is that altcoins have a bigger risk than the botcoin itself, the bigger you take the risk, of course, the closer you will lose a lot of money, the risk does exist, but we can reduce it by managing money in a good way.

To reduce the risk don't invest blindly in coins without doing your own diligent research. Some of us are investing in altcoins because of hype thinking it's worthy to invest in, then will panic if the price plunged because the hype is over. Investing in altcoins are quite risky especially to the new ones since they're not established yet. Thus, it's important to dig deeper and don't invest just because of what you think and have no concrete basis.

Anyway, invest in Bitcoin because it is good to hold for long term then include few alts in your portfolio based on your own analysis and not through recommendation. Having your own knowledge about the coins are important so you can understand if the coins are worth to hold either for long or short term.

[Chainsmokers]

What I know is that altcoins have a bigger risk than the botcoin itself, the bigger you take the risk, of course, the closer you will lose a lot of money, the risk does exist, but we can reduce it by managing money in a good way.

Yes but altcoins are still profitable and as long as we choose potential altcoins they are better than meme coins,
it is important to do your own research and analysis before choosing an altcoin,
Of course there are many ways to minimize that risk.

[blockman]

Yes but altcoins are still profitable and as long as we choose potential altcoins they are better than meme coins,
it is important to do your own research and analysis before choosing an altcoin,
Of course there are many ways to minimize that risk.

Minimizing the risk through holding some altcoins while having Bitcoin. It's the best strategy to minimize the risk that you're taking. You're having a balanced setup because many people still don't know how to diversify their assets properly. Some think that it's okay to get whole of altcoins while ignoring bitcoin as their balancer for their portfolios. DYOR. Diversify. That's it but diversifying is being gloried by those people that don't even know what altcoins they should buy. The main thing here is you're okay taking risks and as you have that grit for altcoins, never ignore the power of Bitcoin as it has demonstrated already how it's the foundation of the crypto market.

[usekevin]

The first eligibility for the trader is he should ready to risk in his trades.People with more trading experience will know how the risk is needed for trading on crypto currency.Crypto currency is not like the stock market trading,in stock market any one can do the profit side of 5% easily.But the crypto currency will give you 300% from your investment.But you should ready to wait till the 2-3 years also.The holding for the longer term is essential one in crypto currency trading.Ethereum will be next to bitcoin,So it can give you good profit in last quarter of this year.Some traders will fly from crypto currency after they doesn’t have potential to hold for longer period.

[GelatikKembar]

it's hard to say enjoy and take risks at a time like this, especially now that the market is really like a roller coaster,
I know the Bitcoin price has broken out from $ 30k yesterday and now the price has fallen again below $ 30k,
and if the price can't hold on I think bulltrap has arrived, this is why it's hard to say enjoy it at a time like this.

[btc78]

Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.

What future do we really hope for altcoins without Bitcoin?

That line of thinking may lead you to frustration in the long run, altcoin can't be trusted and at that, you shouldn't anticipate any coin to favour you.

actually there are other side of investors and those are the people that love the risk , specially those who has complete amount of money to lose,but the best thing is if they entered the great coin and pumped surely they will earn hundred if not thousand times.

What you need to survive in altcoin is the knowledge of the fact that altcoins are just gambles and that you should only gamble with the money you can afford to lose forever because an altcoin is not like Bitcoin there is the hope of recovery so at that altcoin investment are a pour gambling and the risk must be taken with that understanding.

actually there are good altcoins mate(according to how it moves in our days now) but of course the safest ir Bitcoin.

[bitterguy28]

it's hard to say enjoy and take risks at a time like this, especially now that the market is really like a roller coaster,

of course but if you knew where your coins going ? i think it is safe to ride that coaster for you to get there in profiting ?

I know the Bitcoin price has broken out from $ 30k yesterday and now the price has fallen again below $ 30k,

not just yesterday mate, bitcoin had been in 30k since last week lol.

but that is the point , will it go further to 35k? or drop to below 20k again?

and if the price can't hold on I think bulltrap has arrived, this is why it's hard to say enjoy it at a time like this.

Trap is always there , so best not to live with it and only invest what is best to lose amount.

[uneng]

What I know is that altcoins have a bigger risk than the botcoin itself, the bigger you take the risk, of course, the closer you will lose a lot of money, the risk does exist, but we can reduce it by managing money in a good way.

To reduce the risk don't invest blindly in coins without doing your own diligent research. Some of us are investing in altcoins because of hype thinking it's worthy to invest in, then will panic if the price plunged because the hype is over. Investing in altcoins are quite risky especially to the new ones since they're not established yet. Thus, it's important to dig deeper and don't invest just because of what you think and have no concrete basis.

Anyway, invest in Bitcoin because it is good to hold for long term then include few alts in your portfolio based on your own analysis and not through recommendation. Having your own knowledge about the coins are important so you can understand if the coins are worth to hold either for long or short term.

The problem with investors like OP is that they are being driven by temporary speculative hypes, instead of focusing on long term results. He said to have invested in baby doge, which is clearly a bad option of memecoin to put money into. Investors who treat the market, their money and their investments like a joke, end becoming a joke themselves on this crypto market.

And that is not even about enjoying taking risks or not, but about enjoying being made fool by big crypto speculators...

[|MINER|]

Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.

What future do we really hope for altcoins without bitcoin?

There was a saying that no risk no gain . So in this case I love to take risk but not in every time and also not in every where . Yes there was a potential market on alternative coins but I think Infront of bitcoin there will be no competitors. And I don't think that I have to explain it to you more because the result is already Infront of you. But yes there was some top pairs on alt-coin that can be also beneficial like Ethereum, lite coin ,BNB some of more . But the others coin you have selected I don't have any idea about those. What ever of you want a strong and secure investment I think selecting bitcoin will be better than selecting alt-coins.

[jaberwock]

when the market is bearish, of course the risk will be even greater, but if indeed this year is the end of the bearish then you have to enjoy the risk,
because if you are afraid of buying altcoins at a time like this then you can regret it later when the market is bullish,
in my opinion the risk This can be minimized with the right strategy.

There is nothing wrong with buying altcoins, but only if you know what you are doing. Newbies that think they will become millionaires by buying and holding a single meme coin will need to stop daydreaming and start thinking practically. If one wants to take risks, they can buy these meme coins with a very small amount and try their luck, it blasts, they will get something for sure, and if it fails, they'll not regret it.

I've seen people investing all their capital in a single token and that too are meme coins that solely depend on community hype to grow and have no proper project backing them. I feel bad for them as I know most of them will lose all their money in the long run.

That's the biggest trouble isn't it? I mean there are so many newbies who think that they could make some profit by just focusing on low rank stuff that could go up 100x and not even be in top 20 after that. There are literally tens of thousands of projects out there that could go up 100x higher and it wouldn't even be in top 100, that's a shame and yet there are so many people who invest into it.

I keep seeing so many useless projects on this forum as well, ones that people make a big hype about, and when I check them it is like 50th in the rankings, why they hell would you get hyped about the 50th coin? That's not going to go up much, and I would rather have the top 10 instead of having something at 50th position.

[beerlover]

That type of risk/profit calculations will make you rich if you know what you are doing. Most people look at the reward and think that if it is big enough then they will invest without looking at the risk, there are few who take too little risk and in return get a very low reward. But if you buy something that has a little risk but a good reward then that would be the key to make a profit and only a few people can do that.

I personally hope that the best thing to do would be making a profit via calculating as little risk as possible first, filter the coins with risk and find the lowest ones, such as bitcoin, and then start looking at the potential profit because that would be a lot better to have less risk first.

Yes, most people can't understand the ratio at profit/risk and that is why many of them lose a lot of money as well. I personally feel like the best thing anyone can do would be making profit based on as little risk as possible as well. However, we are at altcoin speculation section right now, and people who would speculate about some obscure altcoin would not be people who want to take a little risk, this is the place for people who like to take a lot of risk and they will do that without a doubt.

It means that they are going to end up buying something very small cap, and they will either make a good profit and be happy about it, or they will lose all of their money on some rugpull and yet will not give up.

[Gladitorcomeback]

What I know is that altcoins have a bigger risk than the botcoin itself, the bigger you take the risk, of course, the closer you will lose a lot of money, the risk does exist, but we can reduce it by managing money in a good way.

Absolutely right. I love to take risk because Btc cannot give you 2x in one days while risky coins having low supply has very high chances of 2x in matter of just 1 hour. I use Binance often for safe trading because other dex coins has high chances of rug. A biggest problem with low supply coin is that Binance delist these coins time to time without any warning and after news of delisting The coin crashed below 4x-6x. Same thing happen with me week ago when QLC and Nebl delisted and my 34$ down to 7$. i was Lucky one that i invested small otherwise it can result a big loss for me.

[AakZaki]

That line of thinking may lead you to frustration in the long run, altcoin can't be trusted and at that, you shouldn't anticipate any coin to favour you.

What you need to survive in altcoin is the knowledge of the fact that altcoins are just gambles and that you should only gamble with the money you can afford to lose forever because an altcoin is not like Bitcoin there is the hope of recovery so at that altcoin investment are a pour gambling and the risk must be taken with that understanding.

The option to hold both altcoins and Bitcoin is a good strategy. When Bitcoin is rallying alone, it is necessary to multiply profits and buy some of the cheapest altcoins. It's not easy to keep making profits. A diversification strategy must also be carried out so as not to put the basketball in only one basket.
The money used really must be cold money or money that is not needed for other needs. Must be able to set the best management and strategy in order to avoid all the risks that will occur.

[duckalis]

It looks like a mini altseason is upon us. For now, you shouldn't expect massive price action, but BTC's additional rise could lift the prices of other cryptos. That is, the price of BTC should still rise and consolidate, while dominance should decline slightly. Then it would indicate a full-fledged altseason.

[ningrum]

That line of thinking may lead you to frustration in the long run, altcoin can't be trusted and at that, you shouldn't anticipate any coin to favour you.

What you need to survive in altcoin is the knowledge of the fact that altcoins are just gambles and that you should only gamble with the money you can afford to lose forever because an altcoin is not like Bitcoin there is the hope of recovery so at that altcoin investment are a pour gambling and the risk must be taken with that understanding.

The option to hold both altcoins and Bitcoin is a good strategy. When Bitcoin is rallying alone, it is necessary to multiply profits and buy some of the cheapest altcoins. It's not easy to keep making profits. A diversification strategy must also be carried out so as not to put the basketball in only one basket.
The money used really must be cold money or money that is not needed for other needs. Must be able to set the best management and strategy in order to avoid all the risks that will occur.

The most important thing is that we have to know when to read the conditions when it's time to hold or sell it,
many traders use a diversification strategy and it is proven effective to minimize risk,
obviously it all depends on the decision of each.

[Wiwo]

The most important thing is that we have to know when to read the conditions when it's time to hold or sell it,
many traders use a diversification strategy and it is proven effective to minimize risk,
obviously, it all depends on the decision of each.

Condition, this is the first time I am hearing that because I have not seen any where that one can read the condition of a Coin, or do you mean the white paper because that is the only document prepared when developing a coin and this is the only thing that serves as the road map to the coin development.

But if there is any other such document such document that could be a warning and condition as to when to sell the coin or when to hold it will be a helpful document to read and I will love to read a couple of such documents.

[nurilham]

The most important thing is that we have to know when to read the conditions when it's time to hold or sell it,
many traders use a diversification strategy and it is proven effective to minimize risk,
obviously it all depends on the decision of each.

To know it, we must have good knowledge and experience. It is not something easy to analyze whether to hold or sell.
Regarding diversification, it is a good way because it optimizes the chance to earn profits and minimizes the chance to lose all money in a single coin. However, it doesn't mean that we mustn't invest in 1 coin only. There are some people who prefer to invest in Bitcoin only, I think it is no problem at all. But if you invest in altcoins, I suggest doing diversification.