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Author Topic: Do you love and enjoy taking risk?  (Read 1852 times)
dunfida
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March 27, 2023, 09:51:53 PM
 #61

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's a future on altcoins but only into those projects which are really that having that use case or does have potential.This is why we should really be that mindful when buying up some altcoins because in all the coins

that we do have in the market then 95% of them are shit or degen which means that we should really be that careful on choosing.This is why most of us would really be sticking into those top ranking coins rather than on taking up some risks on low caps or doesnt really have much popularity.This is why its a matter of choice or risks taking if you do able to dive in into a certain altcoin investment.

If you could bare up with the risks then it would really be just depending on you because not all could be able to do so.

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March 27, 2023, 11:03:58 PM
 #62

Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable.

 Shocked

i had to read it 3 times to convince myself that i am not reading it wrong, how can you consider bitcoin unpredictable and think altcoins are predictable? these altcoins can only have high prices thanks to bitcoin, when the price of bitcoin goes up a lot, then the price of altcoins also goes up, and when it comes to predicting prices, it is much easier for people to predict the price of bitcoin than to predict the altcoin prices. take for example the chart of some altcoin and try to predict the price you will see that it becomes mission impossible. I honestly cannot understand how you came to the conclusion that the bitcoin price was unpredictable but the altcoin price was predictable, this is something very difficult to understand.

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.

 Shocked

seriously did you do that? you didn't make a good choice, why risk so much if you could buy bitcoin which is a safe investment? you are greedy, your greed of wanting a high profit faster has blinded you to the point of buying altcoins that are not even good investments, from your list ETH is the only one that serves to invest, but it is not better than bitcoin. look at the news about tron:

Tron Network’s TRX Drops 13% Following SEC Charges Against Justin Sun

altcoins are dangerous investments

What future do we really hope for altcoins without bitcoin?

bitcoin is unique, without bitcoin all altcoins will disappear

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March 27, 2023, 11:20:40 PM
 #63

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 think taking risks has to happen according to some rules. You didn't take risks, you wasted your money for nothing. Actually, the market has thousands of altcoins, and every one of them is considered a risky investment, except ETH, so you can risk your money investing in a reliable project that has a view to the long term. Indeed, new projects are still joining the market and some of them offer good opportunity, like the recently added ARB token, which represents an old trustworthy project, whose developers are producing something useful. OP token is also a similar case. Finally, altcoins are risky, but you can lower the level of risk by choosing projects that have some clear advantages that don't require great knowledge to discover them.

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March 27, 2023, 11:47:58 PM
 #64

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?
Yes, apart from Bitcoin, you can expect to invest in altcoins as well. But you have to discard all the coins you bought. All these coins will increase your risk and never bring success in investing. Among the altcoins you will find Ethereum, BNB, all these coins will bring you low investment risk. But remember that you have to invest with risk whether it is bitcoin or altcoin.

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March 28, 2023, 12:19:19 PM
 #65

I can manage taking risk mate from the time I understand this kind of market , in the past I am afraid of risking because I always find way for safer stance , but now? since years back that I am earning here?
yes I love risking , and in return ? I am earning more than what others expected.
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’s certainly no future in cryptocurrency without bitcoin. The entire cryptocurrency follow bitcoin trend and only rises above it whenever there’s hype. I don’t tell investors to stop buying Altcoins but do not throw all your money on it just to make huge profits, you might wake up seeing it dead. If at all one most go into Altcoins it should be the top ones. Buying the rest seems like a gamble
but it is not the topic instead it is about how we manage the risk of investing , it is already given that bitcoin is a complete risk but profitable .

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March 28, 2023, 02:35:03 PM
 #66

Maybe you should tell me of a way that's better than taking risks to bring your dreams to reality, you need to take risks, without risks we can't go higher in life, big businesses and companies take big risks and sometimes it goes wrong but they start from scratch again and never stop taking risks, this is different from someone who is gambling hoping to make millions with a lottery ticket.

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March 31, 2023, 12:44:42 PM
 #67

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?
Taking risk is not easy it is full of doubt and anytime you will loss or if you are lucky you will earn, even some expert still afraid with this option, high risk is equal to big profit but it needs great courage you will surely loss in taking big risk if you are not prepare, you need to prepare your self for the possible outcome of every plan specially in taking risk with the crypto market.

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March 31, 2023, 05:37:23 PM
 #68

I took the risk last year to invest in Ethereum and Dogecoin when the price was very low in the market, but any moment from next month I will start selling to enjoy my profits and to prepare for another bear market to come. If the price of BTC increase higher, altcoins price will increase higher too because since the price of BTC started showing some signal early this year many people started to holding their BTC and altcoins not to sell than to continue buying from the market to be part of the massive pumping that is about to happen next month.

Just try and purchase altcoins when the price is low, I guess it will really help you to enjoy your investment because that is the simple system many people use to earn money from the market. If you are into day trading, I will advise you to apply long term trading, I believe it will help you to smile anything the price of altcoins increase higher.

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April 05, 2023, 12:16:34 PM
 #69

Definitely you are in good position hence bitcoin is still making sideways and the best position is to buy while bitcoin is on stationary. By the time bitcoin will make a move then everything will be in place. As they say "High Risk, High Rewards" so you will have the fruit of your risk in the future. Just still HODL or even DCA at the moment to fill the bags more of yours.

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April 05, 2023, 06:31:45 PM
 #70

Taking risk is not enjoyable but we are familiar with the fact the crypto is highly risky so we have to manage this risk. Altcoins future are unpredictable because we don't even know that how long the selected coin will remain alive and when it will become died. You make investment during 2022 which is very harsh year for all crypto investor and you decide your future in just a week, you make these two mistakes. If you hold certain coins then you should first select those coins which cannot dies easily and secondly you should wait during bear year and should not make a sudden decision by analyzing the prices in just one week.

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April 06, 2023, 05:41:54 AM
 #71

Taking risk is part of the market here in crypto , but the problem is that we need to keep at least longer time before taking the fruits ,actually i use to love taking risk in gambling but not in bitcoin investing in which for me is truly not right to act, because in gambling i only use spare money but in this ? we need to rely to what will bring in our future.

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Patrol69
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April 07, 2023, 03:47:18 AM
 #72

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.
You may invest in cryptocurrency but not take the risk.  Because risk is a part of investing in Cryptocurrency. You must take risks. And if you like taking risks or enjoy taking risks then it will be great for you. Investing in any platform necessarily involves risk. Maybe you think that investing in Bitcoin is not risky, but investing in Bitcoin is risky, maybe a little less than ALT Coin. So if you want to achieve success in life, you must take risks. And only those who survive by taking these risks can achieve success.
What future do we really hope for altcoins without bitcoin?
Bitcoin is one of the best coins among all cryptocurrencies.  And Bitcoin is called the king of cryptocurrencies. Now if you compare ALT Coin with Bitcoin then it is not correct. But if you talk about reliability or trust then definitely Bitcoin will be far ahead in that aspect. But among ALT coins there are many promising coins that people have benefited from investing in. No matter which platform you invest in, you have to take risks.

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April 07, 2023, 04:22:41 AM
 #73

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?
you speculate completely without doing good research? because the coins you purchase are mostly shitcoins  Grin and not even bough a legit aside from Ethereum and tron.
but just keep it and forget for a while because you know nothing about investing.
and also investing your last cash on hand? you are not doing it right mate not unless that last cash of yours are ready to be disposed when the price died completely .

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April 07, 2023, 06:28:25 AM
 #74

The future of some altcoins are still very promising. But the lists of altcoins you purchased OP are somewhat questionable, except ETH. Baby Doge is a meme coin that depends on hype, Tron is facing legal problems although I am hoping it can pass its trials soon. And is it really Luno or you meant Luna? Luna is like a dead man walking right now. A pump-and-dump coin until its value goes to zero unless its founder receives a miracle and gets freed.

I am invested more into bitcoin and eth and then some more altcoins like matic and syscoin, etc.

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April 07, 2023, 05:50:12 PM
 #75

Taking risk is not enjoyable but we are familiar with the fact the crypto is highly risky so we have to manage this risk. Altcoins future are unpredictable because we don't even know that how long the selected coin will remain alive and when it will become died. You make investment during 2022 which is very harsh year for all crypto investor and you decide your future in just a week, you make these two mistakes. If you hold certain coins then you should first select those coins which cannot dies easily and secondly you should wait during bear year and should not make a sudden decision by analyzing the prices in just one week.
There are people who make rash decisions and that's why it is not going to be profitable at all for them. I personally do not make any decisions unless I sleep on it for 3 days, because then I know if I still want to do it. I end up holding almost all the time, unless I have to pay for something, and recently I had to, but that's fine.

Aside from those days, for investment purposes, all I do is buy and hold, plus 2022 was a great time to buy, and then 2023 looks to be it is going to be great time to sell as well, we just need to wait longer if we bought any higher, but if we bought any lower, even if we sell now, it will be profit (even though I think it will go up more than this).

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April 07, 2023, 11:03:10 PM
 #76

Taking risk is part of the market here in crypto , but the problem is that we need to keep at least longer time before taking the fruits ,actually i use to love taking risk in gambling but not in bitcoin investing in which for me is truly not right to act, because in gambling i only use spare money but in this ? we need to rely to what will bring in our future.

Only due to the high risk in trading, your earnings will not be constant and will depend only on your luck. In this case, your trading will be comparable to a casino, and luck will definitely turn away from you at some point. In order for trading to be more stable, you need to strive to reduce the risks in trading.

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April 07, 2023, 11:59:10 PM
 #77

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?
If you have some spear money to gamble with, then you may consider altcoin for short term speculations, but there is no guarantee that to going to get your investment back or even make a profits from it, but there is also possibility that you will make x10 profits within a short while, why this is so is because altcoin have been subject to a lot of manipulations lately and it owners can decide whatever happen in the price.

 So that is why altcoin is considered as a high risk investment right from time, so only invest the amount you can afford to lose if anything happen, I have seen some altcoin going from zero to $100 in price but also the possibility of losing everything is still also higher.

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April 08, 2023, 02:44:38 AM
 #78

The future of some altcoins are still very promising. But the lists of altcoins you purchased OP are somewhat questionable, except ETH. Baby Doge is a meme coin that depends on hype, Tron is facing legal problems although I am hoping it can pass its trials soon. And is it really Luno or you meant Luna? Luna is like a dead man walking right now. A pump-and-dump coin until its value goes to zero unless its founder receives a miracle and gets freed.

I am invested more into bitcoin and eth and then some more altcoins like matic and syscoin, etc.
There are so many coins in which people can decide to invest that the sheer amount of the options they have at hand confuses them, if they instead picked the simplest path which is to invest all their spare money in bitcoin and hold then they will make good money in just a few years, however altcoins are a complete gamble, and while I like to gamble this is only true at the casinos, I do not gamble at the markets where much more money is at stake.
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April 08, 2023, 12:30:53 PM
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 #79

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?

Damn, I think you need to try and research more about this industry to broaden your understanding about it first before you even think about investing again. Clearly, altcoins are more unpredictable compared to Bitcoin and newer the altcoin is, the more unpredictable and dangerous it is to invest in.

I don't think there's a sense of hoping for a future for altcoins when bitcoin is gone. Bitcoin has already gotten too strong to die out that easily, and if it does happen, then that would mean that this whole industry would take such a huge hit and might not recover.

But forget about the future of altcoins without bitcoin or any other speculations. I advise you to read more first about this industry and how things work around here, get a better feel about what you are getting yourself into. Save yourself from headaches, don't mindlessly throw you funds away. Although experience is priceless, it's not worth the price when there could have been better workarounds. Hope you take this advice seriously. I would've been so thankful had I gotten such advice back then when I was just starting out. lol
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April 08, 2023, 01:36:14 PM
 #80

I like to buy altcoins when the market is improving, or there is fomo about a coin, but unfortunately lately I often get liquid because of trading leverage, there are things that I understand from there, but I still have to raise capital again.

the risk of futures is very big even though the profit you can get be quickly than you trading, but if you have a little capital, then i would rather advise you to just trading, because the risk is smaller than futures and your money will not be 100% lost, but of course the profit you get will not be as fast as futures.

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