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Author Topic: The most risky adventure you must avoid  (Read 799 times)
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October 14, 2023, 09:00:39 PM
 #61

To know more and gain more experience requires taking some risk that will help you learn. As a trader, just reading without practicing what you have learnt which involve some level of risk does you no good than having an ordinary head knowledge.
 Don't forget that risk is venturing into the uncertainty, so endeavor to keep it a calculated risk before diving into the final decision.
That's how life is, nothing is without risk. Of course everything has its own risks, even working in your comfort zone of course still has risks. It's just that the level of risk is low or high, that's what makes the difference.
When it comes to risks in crypto trading, they will also vary.

A new trader or newcomer to crypto trading definitely has a higher risk compared to professionals. And if it is related to experience, yes of course, even a professional trader has definitely been a newbie. what makes the difference is how the next process goes. Of course, our ability to take risks varies, this will also depend on our personal provisions as well. For example, newbies with fairly good knowledge regarding trading and analysis, and equipped with risk and financial management, as well as emotional management, will definitely be better prepared to accept the risks, compared to newbies who are really new and have not prepared themselves well. and enough knowledge when starting trading. Both certainly have their own risks, and it is impossible for a trader to never lose their money in trading. surely they have lost money.

The next difference is the trader's attitude when facing trading results, both gains and losses. They will take various lessons from this experience, especially the experience of loss. In this way, they can re-adjust their strategies and tactics as well as their trading analysis based on previous experience. And this is what makes their experience valuable day after day. All losses and gains can be used as valuable learning. This will be different when we experience losses and just give up. Or try trading other coins but without evaluating the analysis and strategy.

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October 15, 2023, 07:46:01 AM
 #62

Well, losing is so painful but we also remember that no risk, no gain. No matter what kind of investment we have to start, risk is still there and we can possibly lose time especially if we don't manage too carefully. It was very clear to us that no investment that has no risk and no way we can avoid it. The more we become afraid to face reality, the more we lose our courage and hope. In order to improve our living and reach our goals, we must have to take risks and we are obliged to do that otherwise, we'd rather stop thinking about our goals.
That is the thing that makes a lot of people not earn a dime, fearing that you would lose and I would not be a person like that ever. I think tis obviously that a regular 9-5 job life would have been decent for me, and I would have done fine, and nobody would have been able to say something to me since I was doing my work and not like that would change anything, but that also doesn't mean that I would just do that all my life and just be happy with what I have and never aim for anything bigger with myself.

I mean I knew that I could have done better, and I found a freelancing job that is AMAZING and been investing into bitcoin with the income and now I am doing probably two three times better than what I would have done with a regular 9-5 job.

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October 15, 2023, 09:06:42 AM
 #63

Well, losing is so painful but we also remember that no risk, no gain. No matter what kind of investment we have to start, risk is still there and we can possibly lose time especially if we don't manage too carefully. It was very clear to us that no investment that has no risk and no way we can avoid it. The more we become afraid to face reality, the more we lose our courage and hope. In order to improve our living and reach our goals, we must have to take risks and we are obliged to do that otherwise, we'd rather stop thinking about our goals.
People who dare to take risks will get a greater chance of making a profit, but I believe they do it with very careful calculations, they can't avoid risks but can reduce them, and when they finally fail the risks they take won't bother their lives at all, because it has been done very carefully, for example, when investing, they dare to choose investments that have a higher risk but do not use the money for main needs so that the investment results do not interfere with their finances at all or can ruin their life.

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October 15, 2023, 12:58:46 PM
 #64

Well, losing is so painful but we also remember that no risk, no gain. No matter what kind of investment we have to start, risk is still there and we can possibly lose time especially if we don't manage too carefully. It was very clear to us that no investment that has no risk and no way we can avoid it. The more we become afraid to face reality, the more we lose our courage and hope. In order to improve our living and reach our goals, we must have to take risks and we are obliged to do that otherwise, we'd rather stop thinking about our goals.
People who dare to take risks will get a greater chance of making a profit, but I believe they do it with very careful calculations, they can't avoid risks but can reduce them, and when they finally fail the risks they take won't bother their lives at all, because it has been done very carefully, for example, when investing, they dare to choose investments that have a higher risk but do not use the money for main needs so that the investment results do not interfere with their finances at all or can ruin their life.

Well, everything is risk and the key thing is to embrace it.

There's a risk of not having a profit when you don't take a trade. There's a risk of losing money when you take the trade.
That's why risk management is important. You cannot win 100%. BUT you can follow your plan and risk plan 100%. If you can follow it rigorously, with your edge working, a risk-reward in your favor at least 2:1RR, then you're fine trading. That's the calculated risk and the probability of your own edge and understanding in the market will take the rest.

You just need the discipline to follow it.

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October 15, 2023, 10:34:31 PM
 #65

-snip-
You cannot win 100%. BUT you can follow your plan and risk plan 100%. If you can follow it rigorously, with your edge working, a risk-reward in your favor at least 2:1RR, then you're fine trading. That's the calculated risk and the probability of your own edge and understanding in the market will take the rest.

You just need the discipline to follow it.
Yes, no one can win up to a 100% ratio, but some trading plans and risk plans will work well if they are disciplined.

But can they stay disciplined?
This will be a challenge for every trader because the psychology of trading will affect their discipline in implementing the trading plan.

When psychology cannot be controlled because it is too panicky when the market is not in line with expectations, then it also affects the trading plan.
Having a backup plan is necessary to overcome the initial plan that fails due to changing market trends.

 
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October 15, 2023, 10:59:15 PM
 #66

In the bitcoin market volatility range, basically the trading risk is down to 0 even though you read the possibility is very small. And all external factors can contribute to the risk, for example the security of the exchange itself. That's why the calculated risk is that all the money you put in is a total risk. In short, “trade what you can afford to lose”.
Bitcoin's volatility is so high and that makes it a very risky coin. The more the risk we face if we are doing trades. So I don't know if where you got that zero risk of yours. There are no zero risks when it comes to making money in the crypto world, and I think Bitcoin won't be volatile in its own if without the factors that surrounds it like for example; the demand of the public. The demand can also be affected by the news and others.

I think it's possible to calculate the risk but it may not be totally accurate. So that's right that in order to not regret just in case we lose all our allocated capital, it's better to just use the money that we can easily lose.
Well, no matter how good we are at a certain point, expect that the risks will always be there. Maybe you said there are zero risks because you chose to take calculated risks, but still risks are risks, and it will always be present until you overcome them.

Volatility is what makes trading more risky to take. But we should also know that if there’s no volatility, the market will be boring to trade as there will be no exciting price surge that really motivates to keep trading the best way we can.

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October 16, 2023, 12:54:11 PM
 #67

In the bitcoin market volatility range, basically the trading risk is down to 0 even though you read the possibility is very small. And all external factors can contribute to the risk, for example the security of the exchange itself. That's why the calculated risk is that all the money you put in is a total risk. In short, “trade what you can afford to lose”.
Bitcoin's volatility is so high and that makes it a very risky coin. The more the risk we face if we are doing trades. So I don't know if where you got that zero risk of yours. There are no zero risks when it comes to making money in the crypto world, and I think Bitcoin won't be volatile in its own if without the factors that surrounds it like for example; the demand of the public. The demand can also be affected by the news and others.

I think it's possible to calculate the risk but it may not be totally accurate. So that's right that in order to not regret just in case we lose all our allocated capital, it's better to just use the money that we can easily lose.
Well, no matter how good we are at a certain point, expect that the risks will always be there. Maybe you said there are zero risks because you chose to take calculated risks, but still risks are risks, and it will always be present until you overcome them.

Volatility is what makes trading more risky to take. But we should also know that if there’s no volatility, the market will be boring to trade as there will be no exciting price surge that really motivates to keep trading the best way we can.

Yeah, think of it as an opportunity instead of fearing the movement. With volatility, you may have that certain advantage after learning how
things work inside this business. The deeper you understand, the more chance that you may anticipate the next run.

From that point, the risk might be lesser and the chance of earnings is better for your trading investment.

Always have that time to weight both the edge and the risk before jumping to any conclusion that may affect your judgement.
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October 16, 2023, 02:20:43 PM
 #68

Well, no matter how good we are at a certain point, expect that the risks will always be there. Maybe you said there are zero risks because you chose to take calculated risks, but still risks are risks, and it will always be present until you overcome them.

Volatility is what makes trading more risky to take. But we should also know that if there’s no volatility, the market will be boring to trade as there will be no exciting price surge that really motivates to keep trading the best way we can.
Calculating the risks that we will take will be very good for gaining profits and of course can only be done by those who have experience in this field so that they can make the right decisions in order to reduce the risk of loss from investments. You are right, with volatility this does not make us bored in monitoring market price movements and we have to be very careful in making every decision we make.
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October 16, 2023, 02:29:20 PM
 #69

If you are doing things right, then taking risk shouldn't be as difficult as you make it sound. Every breakthrough that has happened throughout the decades or from the beginning of time has happened because of people taking risks. Those who take risks become successful but on the other hand some doesn't.
I have heard someone say, "The magic is in those works that you are avoiding doing". It is not surprising why people would say this. If you don't come out of your comfort zone and take some risks doing different thing and finding the best one that suits you, then you will never find your dream work and become successful in life.
But I would like to discuss this. When you are provided with two options in one which you will not take such risks, but the result will come decent, and the other one is, there is a huge risk and it's a win or lose situation. Which one should you prefer?
And remember, in the second option you'll lose it all if you make a loss and if you win the profit could be 10x.
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October 16, 2023, 03:05:56 PM
 #70

Well, no matter how good we are at a certain point, expect that the risks will always be there. Maybe you said there are zero risks because you chose to take calculated risks, but still risks are risks, and it will always be present until you overcome them.

Volatility is what makes trading more risky to take. But we should also know that if there’s no volatility, the market will be boring to trade as there will be no exciting price surge that really motivates to keep trading the best way we can.
Calculating the risks that we will take will be very good for gaining profits and of course can only be done by those who have experience in this field so that they can make the right decisions in order to reduce the risk of loss from investments. You are right, with volatility this does not make us bored in monitoring market price movements and we have to be very careful in making every decision we make.

Yes, that's right, to reduce the risk of having to make decisions in choosing and need to calculate of course this will have an impact in the future so it will make its own profit, reading market movements is not an easy thing even experienced people can still be wrong in predicting, investing in the long term is not easy not everyone can do it just like that, because there are risks in itself but of course there are also benefits if we are able to run it correctly.

But predicting market movements must be with the knowledge we have, if we predict market movements without knowledge does it guarantee to be profitable? of course not many experienced people can still be wrong in predicting especially with beginners, if you want to invest we should have someone as a guide or teacher in this case, at least if we don't have direction we must be willing to learn for ourselves by understanding the world of investment so as not to experience losses. Small or large losses of course everyone does not want to experience it but this cannot be avoided because all things must have their own risks as well as investing.

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October 16, 2023, 03:07:06 PM
 #71

Yes, no one can win up to a 100% ratio, but some trading plans and risk plans will work well if they are disciplined.

But can they stay disciplined?
This will be a challenge for every trader because the psychology of trading will affect their discipline in implementing the trading plan.

When psychology cannot be controlled because it is too panicky when the market is not in line with expectations, then it also affects the trading plan.
Having a backup plan is necessary to overcome the initial plan that fails due to changing market trends.
I believe that if you have a well-thought-out strategy, then you will not need backup options. You should have a stop loss for any incomprehensible market movements, and as for some unpredictable force majeure that is impossible to cope with, then nothing will help, and I mean some global factors, such as a shutdown of the exchange or something similar, in such In this case, you need to divide the funds into several exchanges to prevent the loss of all funds.

R


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October 17, 2023, 12:20:09 PM
 #72

We all know that doing business requires taking risks, and without taking risks one can never succeed in life. Similar to trading and gambling, one can never progress and make a profit without taking risks. Most of the investors take risk and invest for a long period of time it is a huge risk for their money if they don't take such risk they will never be successful, so they take such risk. For example, when the price of Bitcoin was low, no one thought that Bitcoin could reach this position, but investors who took the risk of investing in Bitcoin at that time were the only ones who succeeded. So risk is inevitable in all business and one can never move ahead without taking risks. Risk-taking certainly increases experience and creates business skills, and there is no fear. In order to undertake anything, the person must take risk and in business, if he does not take this risk, he will never be able to sustain the business. Taking risk is the most important thing in all.

R


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October 17, 2023, 01:39:15 PM
 #73

Yes, no one can win up to a 100% ratio, but some trading plans and risk plans will work well if they are disciplined.

But can they stay disciplined?
This will be a challenge for every trader because the psychology of trading will affect their discipline in implementing the trading plan.

When psychology cannot be controlled because it is too panicky when the market is not in line with expectations, then it also affects the trading plan.
Having a backup plan is necessary to overcome the initial plan that fails due to changing market trends.
I believe that if you have a well-thought-out strategy, then you will not need backup options. You should have a stop loss for any incomprehensible market movements, and as for some unpredictable force majeure that is impossible to cope with, then nothing will help, and I mean some global factors, such as a shutdown of the exchange or something similar, in such In this case, you need to divide the funds into several exchanges to prevent the loss of all funds.
Yeah, having a strategy is always good to begin with. I mean if you are doing something that needs adjusting depending on the situation that's fine, but you need to be ready for it beforehand, those adjustments should have been known, like "I will do X when Y happens", and not really come up with it at the time when something happens. That's an important thing and should be considered a big deal, I know that it may not be all that great for the time being, but it is definitely a great thing when it happens.

I hope that we could end up with a greater return if we could get ready for anything, since we are ready for it, we should be able to overcome any issues and end up with a profit when the time comes, that's the trick.

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October 17, 2023, 02:14:17 PM
 #74

If you can't take risks, how can you get the error of taking risks?
I once read,
It is better to work hard and fail than to succeed without effort.
I always follow this. Because what you get very easily, your happiness and expectations will be very little. And you will be most happy if you get success one day in the work that you take risk which not everyone can do. So I think it's a big success for everyone to take risks in the first place.. Although your business may suffer first.
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October 17, 2023, 05:17:05 PM
 #75

This is not just about trading, this is about anything connecting to human life. Let this words be taken beyond the four walls of trading to every aspect of human life and see the result thereafter. Most important message here is to take a calculated risk.
Risk is always involved in every activity of our life, it is not just limited to trading.  There is a very famous quote about risk " Risk provides you with the best opportunity". This quote shows that the best opportunity is in the risk it gives the chance to get up and do something and wise people know how to take risks. The weaker one always saying that no don't go to this or that thing it is more risky. One thing to be noted that that people who are afraid of taking risks will always be the same their condition will not change, On the other hand, if take a risk and utilize your potential it will give you higher rewards look at your surroundings The millionaires when they tell about their success story they always say that I took the risk and now I am the bigger one. If taking a risk in trading it always creates more risk than others believe me it will give you the best profits that you can't imagine but one thing to remember is that there is a big difference between the risk and stupidity. Don't be a fool to take a step that does not match the risk and you consider it the risk.

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October 17, 2023, 09:29:29 PM
 #76

Basically it's necessary to take a risk and when you don't take a risk it assume that the distance between your success is very far, their is no entrepreneurs that is not a risk taker precisely, when you come to bitcoin investment and other cryptocurrencies investment it assumed that those altcoins people invest on and especially those new projects is a a risk, so probably both trading and investment and gambling what we do there is risk kind of business.

Because nobody is sure making profits in any business we venture into it, one thing that is more important in business or investment is observation and precaution, when you take a look of the kind of investment you want to venture and you make a proper over the investment and you decide to take the risk which is attached to it, I will say that basically that due to your research or inquiring that means their is every tendency that your decision maybe positive.

In summary it's better to take risk than to stay stagnant in any investment, opportunity is an opportunity you can take a risk in opportunity that comes to your way and you become propagated in the risk, so I don't blame whosoever that involved in cryptocurrency investment and mostly taking the risk to invest in new projects or trading with what you are not sure of,according to entrepreneurship, a risk taker is liable be successful or wealthy someone at any given point in time.


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October 17, 2023, 09:51:18 PM
 #77

Yes, no one can win up to a 100% ratio, but some trading plans and risk plans will work well if they are disciplined.

But can they stay disciplined?
This will be a challenge for every trader because the psychology of trading will affect their discipline in implementing the trading plan.

When psychology cannot be controlled because it is too panicky when the market is not in line with expectations, then it also affects the trading plan.
Having a backup plan is necessary to overcome the initial plan that fails due to changing market trends.
I believe that if you have a well-thought-out strategy, then you will not need backup options. You should have a stop loss for any incomprehensible market movements, and as for some unpredictable force majeure that is impossible to cope with, then nothing will help, and I mean some global factors, such as a shutdown of the exchange or something similar, in such In this case, you need to divide the funds into several exchanges to prevent the loss of all funds.
Yeah, having a strategy is always good to begin with. I mean if you are doing something that needs adjusting depending on the situation that's fine, but you need to be ready for it beforehand, those adjustments should have been known, like "I will do X when Y happens", and not really come up with it at the time when something happens. That's an important thing and should be considered a big deal, I know that it may not be all that great for the time being, but it is definitely a great thing when it happens.

I hope that we could end up with a greater return if we could get ready for anything, since we are ready for it, we should be able to overcome any issues and end up with a profit when the time comes, that's the trick.
You would really be needing to adjust and adapt accordingly on the things that we are dealing with.We cant really just that make ourselves that making that tolerance towards those mistakes and doesnt really come up with some plan or solution because if things turns out to be shit and you  do decide on continuing on doing such actions then sooner or later which you would really be finding out yourself on a tough situation on which you would really be that making yourself that get wrecked in terms of financial and this is something that we dont really like. Its true that if you do really have plans on making yourself that have those progress then it would really be just that normal that proper planning and actions to be made should really be that on point. Risks is always there and its always been that part.

The important thing is that you should really know on how to find solutions and alternatives just in case those plans and goals that you have set didnt happen due to some several factors.
Success doesnt really or that easily could be attain.Tons of challenges and errors and mistakes on which you would really be able to encounter. If you are that someone who doesnt have  that long patience
and discpline and wise thinking then you would be failing along the way.

R


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October 17, 2023, 09:52:45 PM
 #78

Basically it's necessary to take a risk and when you don't take a risk it assume that the distance between your success is very far, their is no entrepreneurs that is not a risk taker precisely, when you come to bitcoin investment and other cryptocurrencies investment it assumed that those altcoins people invest on and especially those new projects is a a risk, so probably both trading and investment and gambling what we do there is risk kind of business.

Because nobody is sure making profits in any business we venture into it, one thing that is more important in business or investment is observation and precaution, when you take a look of the kind of investment you want to venture and you make a proper over the investment and you decide to take the risk which is attached to it, I will say that basically that due to your research or inquiring that means their is every tendency that your decision maybe positive.

In summary it's better to take risk than to stay stagnant in any investment, opportunity is an opportunity you can take a risk in opportunity that comes to your way and you become propagated in the risk, so I don't blame whosoever that involved in cryptocurrency investment and mostly taking the risk to invest in new projects or trading with what you are not sure of,according to entrepreneurship, a risk taker is liable be successful or wealthy someone at any given point in time.

Investments or businesses always have risks, but each investor will have a different risk tolerance. Many people who are successful in business or investment are those who are truly able to manage their risks well, but budget strength and the ability to carry out analysis also play a role in supporting their success.

Take as much risk as you can manage well. Additionally, these investments are not supposed to make investors rich overnight, so risk management is more possible if they avoid day trading. Without risk someone will not be successful, but failing to manage risk will also make them fail.
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October 21, 2023, 07:45:17 PM
 #79

This is not just about trading, this is about anything connecting to human life. Let this words be taken beyond the four walls of trading to every aspect of human life and see the result thereafter. Most important message here is to take a calculated risk.
Risk is always involved in every activity of our life, it is not just limited to trading.  There is a very famous quote about risk " Risk provides you with the best opportunity". This quote shows that the best opportunity is in the risk it gives the chance to get up and do something and wise people know how to take risks. The weaker one always saying that no don't go to this or that thing it is more risky. One thing to be noted that that people who are afraid of taking risks will always be the same their condition will not change, On the other hand, if take a risk and utilize your potential it will give you higher rewards look at your surroundings The millionaires when they tell about their success story they always say that I took the risk and now I am the bigger one. If taking a risk in trading it always creates more risk than others believe me it will give you the best profits that you can't imagine but one thing to remember is that there is a big difference between the risk and stupidity. Don't be a fool to take a step that does not match the risk and you consider it the risk.
And we know this is true because if you take the time to look at some of the crises we have faced you will see that there are many people that earn a great deal of wealth during that time, despite the average person thinking there is no way to make any money, and this is because it is during those turbulent times when you can take advantage of some really great opportunities and grow your capital relatively easily, but those opportunities can only be harnessed by those that are willing to take the risk, have some money saved and can see those opportunities for what they really are.
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October 21, 2023, 09:39:38 PM
 #80

However, the worst risk in the world which I am here to advice everyone at this moment is that it is MOST RISKY  not to take risk.
All great men of our time, have taken one risk and the other, break the barricade of fears and venture into the uncertainty as you uncover your potential.
This might be something that is not worth taking a risk on, when we don't understand something, are not prepared, and are also unable to take the risk, so it's better not to do it. because even if this is done, it will only be reckless without careful calculation. If it's in the world of crypto trading, for me an example is investing in a new YPE altcoin project. In my opinion, this is very risky and many people also think this is very risky. And for me, this risk is the one I avoid the most, because we really like gambling.

In the future, there is not only the risk of losing money, but also the mental health that we have worked so hard to build could collapse due to the stress of thinking about fake investments in this hype project if we really cannot understand it. So, it would be better to avoid it, right? Instead of having to force yourself?

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