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Author Topic: Do you love and enjoy taking risk?  (Read 1791 times)
AnonBitCoiner
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October 05, 2023, 05:13:29 PM
 #181


Some people think that taking risks is fun, but it's all fun and games until you lose all your money or face extreme consequences, that is the reason why we always look for ways to mitigate the risks as much as possible so that we can achieve what we are desiring for without having to worry about facing any losses whether it's trading or anything else in life. So, there is nothing wrong if someone tries to find a place where the risk will be low compared to others.

The risk taking journey started from the fun and than slowly turn into regret. Initially one has more money and enjoy to take risk with 10% and when the loss occurz he tried to recover loss and at last time arrives when portfolio become zero. There is no token we could say that there is zero risk in investing in this coin but yes we should look for coin where we persue our goal with minimum risk as we can.

 I concur that taking high risk will create tention and we will check token price after every five minutes which also affect our health. The best approach is to invest in coins  where profit is expected with low risk without any headache.




 

 

 

 

 

 


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October 05, 2023, 07:32:27 PM
 #182

Crypto is overall unpredictable not only Bitcoin, no risk no gain, if you want to profit then you have to must be taken risk.
Investing in Bitcoin it have bright future but not all altcoins are potential for future. What's the future you see in luna,doge and tron, these are you already invested?
Risk is Not specific with only crypto but is available in every business but we have invest in the place where we think that oir investments will me more safe than other place. This is why it is callled that do your own research. There are many metal available but Gold is considered more safe and profitable. similarly many currency available but USD is considered safe and profitable so same in the crypto also. Bitcoin is safe coin so far and whenever we talk about risk so our mean is to invest in new or meme coins which rise and drop chances are much high. we 1000$ become 10000$ in some days or drop to 100$. At once I remembered that these mentioned coins were considered high profitable coins.
Some people think that taking risks is fun, but it's all fun and games until you lose all your money or face extreme consequences, that is the reason why we always look for ways to mitigate the risks as much as possible so that we can achieve what we are desiring for without having to worry about facing any losses whether it's trading or anything else in life. So, there is nothing wrong if someone tries to find a place where the risk will be low compared to others.

They also say that when there is high risk, there will be a higher reward as well but what's the point of having unnecessary tension when you can get some profits without having to make your blood pressure go high? So, I never take very high risks, especially if it involves finances because it's not easy to earn money so losing it is hard, for sure.

You're absolutely right. I'm also really careful with the severity of risk I'm willing to take. I split my investment funds into two, 70% are into some investment products like the newly introduced Snow ball investment product on Bitget,where I'm sure that my capital won't be tempered with, and a daily interest percentage. The other 30% I trade with on some coins with less volatility.
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October 07, 2023, 03:26:15 PM
 #183

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?
altcoin need bitcoin to coexist, or became token/emoney. well its normal if got burned in first ride, while you posting here its meant you have intention to learn from your mistake
today to many coin makes investor really hard to put their money in right spot. atleast you put in bear market which is you might gain later when bull hit the peak  Wink

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October 07, 2023, 04:39:19 PM
 #184

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?
altcoin need bitcoin to coexist, or became token/emoney. well its normal if got burned in first ride, while you posting here its meant you have intention to learn from your mistake
today to many coin makes investor really hard to put their money in right spot. atleast you put in bear market which is you might gain later when bull hit the peak  Wink
just wait for the time when bitcoin reacts to a significant pump in time, putting money to invest in bear season is very good for the long term but have to be patient. therefore we have to use cold money or adjust the allocation for other things. and To avoid something undesirable if there is a further deepening of the altcoin market, we still have a second chance. put the money into an altcoin that already has a large rank of 50/20 and above

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October 07, 2023, 05:36:38 PM
 #185

What future do we really hope for altcoins without bitcoin?
I think a few altcoins will survive without Bitcoin but sure it will create some chaos if ever Bitcoin dies which I think will not happen, not even in a decade from now. I don't think it will dried up if it's on spot, maybe you've decided to try futures market without some knowledge behind it, that's too risky to take. Lesson learn try spot market and hold those coins/tokens, you have the best position now for the next bull market.
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October 07, 2023, 09:43:05 PM
 #186

I was loving and enjoying taking risks until I ended up in a situation like yours. At least the game is not for me. There is no hard thing to do to take the risk, or even anyone can take the risk. The question is: who is capable of managing the same? That person is actually the trader. Risk management is the prime factor while trading in cryptocurrencies. If we don't do proper risk management( deciding how much profit or loss to take and adhering to it strictly), we may end up at a huge loss.

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October 07, 2023, 11:57:45 PM
 #187

What future do we really hope for altcoins without bitcoin?
I think a few altcoins will survive without Bitcoin but sure it will create some chaos if ever Bitcoin dies which I think will not happen, not even in a decade from now. I don't think it will dried up if it's on spot, maybe you've decided to try futures market without some knowledge behind it, that's too risky to take. Lesson learn try spot market and hold those coins/tokens, you have the best position now for the next bull market.
if bitcoin suddenly collapsing i have firm believe that the other altcoin also will collapse. why? simple, its because bitcoin is like the brand of cryptocurrency, its like the reason why people invest in the first place.
when bitcoin is collapsing, everyone would lose trust in other altcoin fearing that it will also collapse, remember the ftx collapse? quite literally any coin that was previously backed and invested by ftx heavily hardly could rise nowadays because people already don't believe these coins anymore.
therefore if bitcoin collapsing, every coin will at least lose 90% of its value until eventually many abandoned them.

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October 10, 2023, 06:04:12 PM
 #188

Taking risk is good for something worthy like the Bitcoin and altcoin investment, risk has to do with the degree of uncertainty, endangering or putting your life, investment or your finances in a balance (scale) and the implications you wil be involved .

In these aspect of investment  that has to do with Bitcoin and cryptocurency risk taking is very important and necessary, when we take risk in whatever we want to do we come out  triumphantly,but because some persons are scared been involved in it, they remain stagnant in life.
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October 10, 2023, 06:21:54 PM
 #189

Crypto is overall unpredictable not only Bitcoin, no risk no gain, if you want to profit then you have to must be taken risk.
Investing in Bitcoin it have bright future but not all altcoins are potential for future. What's the future you see in luna,doge and tron, these are you already invested?
Risk is Not specific with only crypto but is available in every business but we have invest in the place where we think that oir investments will me more safe than other place. This is why it is callled that do your own research. There are many metal available but Gold is considered more safe and profitable. similarly many currency available but USD is considered safe and profitable so same in the crypto also. Bitcoin is safe coin so far and whenever we talk about risk so our mean is to invest in new or meme coins which rise and drop chances are much high. we 1000$ become 10000$ in some days or drop to 100$. At once I remembered that these mentioned coins were considered high profitable coins.
Some people think that taking risks is fun, but it's all fun and games until you lose all your money or face extreme consequences, that is the reason why we always look for ways to mitigate the risks as much as possible so that we can achieve what we are desiring for without having to worry about facing any losses whether it's trading or anything else in life. So, there is nothing wrong if someone tries to find a place where the risk will be low compared to others.

They also say that when there is high risk, there will be a higher reward as well but what's the point of having unnecessary tension when you can get some profits without having to make your blood pressure go high? So, I never take very high risks, especially if it involves finances because it's not easy to earn money so losing it is hard, for sure.

You're absolutely right. I'm also really careful with the severity of risk I'm willing to take. I split my investment funds into two, 70% are into some investment products like the newly introduced Snow ball investment product on Bitget,where I'm sure that my capital won't be tempered with, and a daily interest percentage. The other 30% I trade with on some coins with less volatility.
Doesnt matter on where you would really be making yourself that get involved as long you would really be able to get some gains or simply would really be benefiting you out then this is what matter the most because the main aim or goal that we do have on this market is to make money and on whatever ways or methods as long it do fits out on what we do have in mind then this is what makes it important. Sustaining this volatile market is really that our main target and we know that not all would really be that successful on this field and this is why some people doesnt really that taking up that risks and just simply holding it and never make out some active engagement towards their investment but rather sitting idle.

In my case, which if i do enjoy taking up that risks? As if there are other choice? if you are really that having plans on trying to get or make money then you would really be needing to take risks for you to step forward
because if you dont then you wont really be seeing this to be that progressive and this is something that we dont really like to see. You would be needing to take action for you to be able to
see such situation or chances for you to be able to get that chance.

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October 11, 2023, 09:56:48 PM
Last edit: October 11, 2023, 10:13:57 PM by kawetsriyanto
 #190

Taking risk is good for something worthy like the Bitcoin and altcoin investment, risk has to do with the degree of uncertainty, endangering or putting your life, investment or your finances in a balance (scale) and the implications you wil be involved .

In these aspect of investment  that has to do with Bitcoin and cryptocurency risk taking is very important and necessary, when we take risk in whatever we want to do we come out  triumphantly,but because some persons are scared been involved in it, they remain stagnant in life.
I'm not sure I got your point. Your explanation seems a bit complicated.  Undecided
In crypto, we surely have 2 options, investing in Bitcoin and altcoins. Both of them have high risks, that's because crypto investment is high risk. There is no way to avoid risks if we want to invest in crypto (Bitcoin, altcoins). If we don't want to take high risk, just choose other investments! But as far as I know, no investment has no risk.

I agree that a person who doesn't want to take risk, probably hard to succeed. It is because he doesn't want to face the challenges, he only wants a safe thing. In crypto, it actually offers higher profits but it also has high risks. A person who doesn't want to take risks, will never get big profits in crypto. It is very unfortunate that the fear becomes an obstacle to success.


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savetheFORUM
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October 15, 2023, 01:58:29 PM
 #191

I think a few altcoins will survive without Bitcoin but sure it will create some chaos if ever Bitcoin dies which I think will not happen, not even in a decade from now. I don't think it will dried up if it's on spot, maybe you've decided to try futures market without some knowledge behind it, that's too risky to take. Lesson learn try spot market and hold those coins/tokens, you have the best position now for the next bull market.
if bitcoin suddenly collapsing i have firm believe that the other altcoin also will collapse. why? simple, its because bitcoin is like the brand of cryptocurrency, its like the reason why people invest in the first place.
when bitcoin is collapsing, everyone would lose trust in other altcoin fearing that it will also collapse, remember the ftx collapse? quite literally any coin that was previously backed and invested by ftx heavily hardly could rise nowadays because people already don't believe these coins anymore.
therefore if bitcoin collapsing, every coin will at least lose 90% of its value until eventually many abandoned them.
What makes you think that other cryptocurrencies won't completely collapse if Bitcoin collapses? I don't see any possibility for any altcoin to survive in case Bitcoin goes to zero all of a sudden which isn't possible but we are talking theoretically here. The reason for that is the whole market is basically dependent on Bitcoin, we can clearly see that the market goes up or down with Bitcoin whenever it moves, and it is also the pillar of the cryptocurrency universe.

People basically invest in altcoins because they want to diversify their investments and not because they don't trust or like Bitcoin, and if they see that Bitcoin is collapsing, they will basically dump their altcoins first before they get an opportunity to sell their Bitcoins, so altcoins will collapse first.
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January 30, 2024, 01:58:32 PM
 #192

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?

I never thought about altcoins without Bitcoin. We have to know that Bitcoin is the king of cryptocurrencies and most of its benchmark coins are Bitcoin. If Bitcoin is destroyed, the other coins will definitely be destroyed because all altcoins are my benchmark Bitcoin, that's my personal view. I'm just sharing what I think about. altcoins without bitcoin

SUGAR
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January 30, 2024, 04:51:20 PM
 #193

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?

I never thought about altcoins without Bitcoin. We have to know that Bitcoin is the king of cryptocurrencies and most of its benchmark coins are Bitcoin. If Bitcoin is destroyed, the other coins will definitely be destroyed because all altcoins are my benchmark Bitcoin, that's my personal view. I'm just sharing what I think about. altcoins without bitcoin
I don't see the future of altcoins without bitcoin and it sounds strange seeing people who have this mindset of investing in crypto without including bitcoin, like for example I have been considering ethereum for the past two weeks even if I want to start accumulating ethereum cause this is the right time to buy but at the same time I can't dump my bitcoin investment cause it sounds stupid. Even if I want to start my altcoins journey I will never go for new projects like the way people carelessly invest without knowing the project. Like I said before bitcoin surpassed all those altcoins and if anyone wants to invest the person should never neglect bitcoin investment.

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January 30, 2024, 05:52:26 PM
 #194

We think the crypto market is high risk but is it really true? 100% safe if you invest in good coins like bitcoin, ethereum, bnb and many us top altcoins. Besides many new memecoins are entering this year and everyone thinks there is a chance to get rich from it. Actually all these thoughts will keep you 100% risk so buy good tokens and wait for good profit.

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January 30, 2024, 11:21:12 PM
 #195

Lesson here, if you don't know what's happening and what are you buying then it's best to just stop doing what you do. You're burning your money but if that's okay with you then all you have to do is to keep doing what you've started. Not everything that you're going to pick in the market is going to be profitable. You learn continuously and if you've made some mistakes in the past, apply what you've learned there and be the better version of yourself picking decent cryptos and as we always say, buy bitcoin.



 

 

 

 

 

 


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January 31, 2024, 09:47:12 AM
 #196

If you have asked me this back years then I wills surely say YES, but time is changing and our mind and decisioning changes also .

Nowadays i am not a fan of Risking instead I wanted to see some assurance this is also the reason why I keep preventing myself from new projects because of the so much risk instead of investing in bitcoin that is safest for ever.









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February 01, 2024, 10:46:54 AM
 #197

During this time, I think I also like to take risks. Because of that, I invest in crypto which basically has a high risk. However, I also have limits to that. I only use money that I can afford to lose, and do not use the main money that I have. However, I like taking risks, but don't like making my family or those closest to me accept those risks. So, I only take risks to a certain extent.

.SUGAR.
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February 01, 2024, 11:07:59 AM
 #198

We think the crypto market is high risk but is it really true? 100% safe if you invest in good coins like bitcoin, ethereum, bnb and many us top altcoins. Besides many new memecoins are entering this year and everyone thinks there is a chance to get rich from it. Actually all these thoughts will keep you 100% risk so buy good tokens and wait for good profit.
lol you cannot eb sure about that , while Bitcoin and Ethereum is the perfect option yet we cannot assume when they will be brnging us profit and that is what you need to learn before putting your money in this project .
BNB is also one of the best currency backed by Exchange so we must understand whom you choose are.

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February 01, 2024, 12:47:31 PM
 #199

During this time, I think I also like to take risks. Because of that, I invest in crypto which basically has a high risk. However, I also have limits to that. I only use money that I can afford to lose, and do not use the main money that I have. However, I like taking risks, but don't like making my family or those closest to me accept those risks. So, I only take risks to a certain extent.
Every investor must have this characteristic of taking risk especially when dealing with an investment that fluctuate (crypto), just because crypto is risky doesn't give room for foolish like some investors will behave, just like what you said is a nice idea, buying at your own risk and use the money you know you can live without. Taking risk also give room for making research and any risk without research is beyond risk besides there's no investment with zero risk, all investment are risky and still beneficial. The only advantage is to be partaker of the benefit involve  Aside from bitcoin investment and ethereum, I don't know for others but I have guarantee of both coind that's why the choosed those two, I can't give full prediction of the market that's what makes the investment a risky one.

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February 01, 2024, 03:37:32 PM
 #200

During this time, I think I also like to take risks. Because of that, I invest in crypto which basically has a high risk. However, I also have limits to that. I only use money that I can afford to lose, and do not use the main money that I have. However, I like taking risks, but don't like making my family or those closest to me accept those risks.
That's the rule in investing, you should only invest what you can afford to lose. Because if you invest your main money and you become unfortunate with that choice of yours and you've lost, that's where the problem will come to you and you'll regret that you have never thought of it first that scenarios like this can happen to any investor. While we love taking risk because when we do that, we're also potentially going to receive rewards.

But not at all times that we're winners, there are failed investments that we have and we have to learn from it. If we don't, we're going to repeat the mistakes that we've made and those failures are going to be the same so no matter what happens, that's what we'll remember even if the enjoyment was there but it is no fun when on the other side we're losing money.

So, I only take risks to a certain extent.
It's a must that everyone must only take risks to the extent that they're able to absorb and can be taken.

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