Don't invest your all!

[batang_bitcoin]

No, trading can't be for everyone. The argument stops there but not everyone that is aiming to make profits will not be suitable for each and everyone of us.But the crazier part is when someone understands how trading works and can't stop trading because of the losses that has been incurred throughout the days that person traded. Someone who's going this far of taking loan into thinking that he'll grow that money through trading is crazy. I am sorry to say but that's the word that I am saying because he certainly is, someone who can't be sure with what he does in relation to money making shouldn't go all out.

Yes, it's true, bro, not everyone can trade well, but everyone wants big profits but is lazy to do it, don't even think about looking for a loan from someone else to start trading and making a profit from trading is just wishful thinking. which is not necessarily profitable due to limited knowledge and experience which will result in big losses, because the lust for profit is greater than experience in trading, it is better to seek experience from small capital so that when we lose we are not too frustrated and do not use the money from loans with other people.

This is where how creative we are. If someone isn't for trading, that doesn't stop him from earning through the market. An investor isn't an active trader but still makes a lot of money from the market and the trades being done are very simple and it only happens when they're about to take profit from the market. So, it's a matter of knowing your strengths and weaknesses. If you're not good in trading, cheer up, you can be a good and profitable investor by DCAing. It doesn't need any expertise at all but get used to how it goes and learn it in the process by starting small. Greed is the reason why many starts too big when they think they're can profit from it easily but most of the try outs being done with that are failing.

[Questat]

Trading can never guarantee profits all the time so we should be often cautious on the amount of funds we dare to put as trading capital. Trade at your own risk, and trade only if you are ready to lose. Because let’s admit it that trading creates inevitable losses as well, and for some successful traders who are now enjoying their current position, undoubtedly they have also endured a lot of losses at first in their early trading.

While trading can make you rich, but it can also make you the poorest of the poor. So always trade with caution, if you can’t do that, then get rid of trading as early as now before you end using up all your funds.

[tottong]

I had a friend who took a loan from the company he works for , about 30,000, which would then be deducted from his initial salary.
He then went on to use this money to trade , now psychologically he was just not ready for it because his whole mindset was just about making a huge amount of money that he ended up loosing everything.
So my advice to people who hurrily invest and use all the have is that the market is never running away.
Do not stake your all! Be patient follow guidelines, learn how to trade safely , thank you!

It really depends on the trading skills he has and when he is involved in trading using borrowed capital and does not understand trading well then it is the same as betting in gambling.
That is a common mistake that people make and they are involved in trading just because they want to make money but they do not understand how to trade properly.
Losing money in trading is a certainty especially if he does not have good trading skills.

His intention to learn to trade is good, it's just that he did not learn first before getting involved with much larger numbers.
He should be able to practice trading with smaller capital to train his trading skills.

[Dr.Osh]

Trading can never guarantee profits all the time so we should be often cautious on the amount of funds we dare to put as trading capital. Trade at your own risk, and trade only if you are ready to lose. Because let’s admit it that trading creates inevitable losses as well, and for some successful traders who are now enjoying their current position, undoubtedly they have also endured a lot of losses at first in their early trading.

While trading can make you rich, but it can also make you the poorest of the poor. So always trade with caution, if you can’t do that, then get rid of trading as early as now before you end using up all your funds.

Well, the mistake in trading is rushing and feeling that the risk is very small, and can be avoided. However, it is very different when we really get into it. We will not realize the risk, and our minds always put the risk aside, so that when we get a loss, we just realize that everything we do is wrong. That is why, using money that we can lose in trading is highly recommended. However, even though using principal money, I think don't use it more than 10%. That's because trading is very risky. People will regret it when they have lost their assets, especially when they use principal money, or loans.

[GigaBit]

So my advice to people who hurrily invest and use all the have is that the market is never running away.
Do not stake your all! Be patient follow guidelines, learn how to trade safely , thank you!

Trading is not a quick income scheme. Those who rush here will increase their losses. Although I support your friend's trading by getting loan money , I will never support with the same strategy for everyone because I will not advise anyone who can't afford to trade by loan. Your friend has taken a loan of 30000 and he craves to get a quick profit from that money. Such an initiative is definitely negative. A trader should do a thorough research while trading. He should keep the money he can lose in trading. Those who keep money beyond their ability will also have chance of losing all their money. A trader should remember that he should never invest money that he cannot afford to lose.

[Gladitorcomeback]

Borrowing money and taking loans is undoubtedly a bad idea, one shouldn't even invest everything they have readily available in their hands because it is not important for every person to become successful as a trader and sometimes things might not work out the way we might be expecting. The best way to get into trading is to first learn everything from the beginning, once the person thinks they are ready for trading, they should start with a small amount at first to see if they are able to do it.

After testing your knowledge and understanding with a small amount, if you see that your trades are working the way you are doing them and you are getting profitable trades, then you can go ahead and start with a bigger capital to increase your profits.

It's also important for a trader to understand that it is not possible for them to always stay profitable, there will be bad days as well, and when there are losing days, they should make sure they evaluate their trades, find out the mistakes, and work on them, instead of leaving the market.

[lovesmayfamilis]

Trading without knowledge and experience is equivalent to throwing this money in the trash. But the text of the OP is not entirely clear. What does it mean to take out a loan and start trading? Or did your friend start investing borrowed money in alternative coins? I would say that taking out a loan is generally imprudent in no case. You need to be able to live within your means. It is naive to think that borrowed money will immediately bring a big profit, especially since the loan amount is quite large. But both, namely trading and alternative coins, represent big risks, and without proper preparation and a developed strategy, it is too self-confident to risk even your funds. Be content with small steps and victories, gaining your experience, instead of living your whole life in debt.

[Mr.right85]

With good trading skills, it is very possible to flip a small trading account with a small deposit into something bigger. With poor trading skills, even if you invest a huge amount of money to trading, there is no guarantee of success.

As we know it, flipping is a trading technique, widely used by a lot of low capital traders. It’s always the hope that they get to flip certain amounts over time and archiving the mile has always been edged at how experienced you are on trading. In most case, you find traders using this approach to trading, taking more risk which might result in losses, especially when you dare to endure a bad trade but, having to do that with an SL/TP to guide helps a lot.

[Dzwaafu11]

I had a friend who took a loan from the company he works for, about 30,000, which would then be deducted from his initial salary.
He then went on to use this money to trade, now psychologically he was just not ready for it because his whole mindset was just about making a huge amount of money that he ended up losing everything.

Your friend made a very big mistake taking a loan to trade; that is too bad. Trading has a high risk that even professionals and newbies are scared of, so I don't know what pushes your friend to take a loan because he wants to trade and make money; that is what even professionals are not doing.

However, the fact that his mind was just to make money from trading means that even if he knows how to trade, he will still find it difficult to make money because he trades with greed; he has already lost all and left with debt. Next time, he won't try to enter the market without the knowledge.

So, my advice to people who hurrily invest and use all the have is that the market is never running away.
Do not stake your all! Be patient follow guidelines, learn how to trade safely, thank you!

You are mentioning investing while starting with trading. However, whether investment or trading, both have their own risk that is attached to them, and investors that do not have knowledge about it should do research or learn it before investing. The same thing with trading: it has risk, so knowledge is the first thing.

[dunfida]

So my advice to people who hurrily invest and use all the have is that the market is never running away.
Do not stake your all! Be patient follow guidelines, learn how to trade safely , thank you!

Trading is not a quick income scheme. Those who rush here will increase their losses. Although I support your friend's trading by getting loan money , I will never support with the same strategy for everyone because I will not advise anyone who can't afford to trade by loan. Your friend has taken a loan of 30000 and he craves to get a quick profit from that money. Such an initiative is definitely negative. A trader should do a thorough research while trading. He should keep the money he can lose in trading. Those who keep money beyond their ability will also have chance of losing all their money. A trader should remember that he should never invest money that he cannot afford to lose.

One of the most common mistake for most people specially to those who are really just that still starting. to invest into something or lets just say that they are really that making up some decisions on trying out to
deal up something that they havent been able to encounter yet then they would really be that tending to have that kind of all in shot when it comes to the risks handling that they do have.

When making up some decisions about investing then it wouldnt be ideal that you would really be that making up some all in kind of investing on which we know that theres really that assurance that we could really be having on this market on which it would really be that hard to make out decisions. This is why it would really be better that you should really be sticking into your own method and ways.

Just make it sure that you wont really be that making yourself having those lose of control specially into the emotions because on the time or moment that you do find yourself
being impulsive then you would really be that prone into those tons of mistakes on which we d0 all know.

[Finestream]

Some even go as far as getting loans , borrowing from friends so they could trade, or invest in some altcoins..

Individuals would take loans to gamble have not been properly informed of the risk involved in trading; otherwise, if they were properly aware of the risk involved in trading, they would not attempt to make themselves indebted when their trading skill was not yet mature enough to give them the confidence that they could trade profitably to pay back the loans.

With good trading skills, it is very possible to flip a small trading account with a small deposit into something bigger. With poor trading skills, even if you invest a huge amount of money to trading, there is no guarantee of success.

Bigger amount of trading capital does not guarantee huge returns as well, in fact you can lose them instantly in just a blink of an eye. Trading requires skills and enhanced strategies regardless of an amount, so if you think you still don’t have that but only huge capital, the outcome will still be at loss. No one profits from trading without knowledge and experience, while others got lucky and make first winnings, but rest assured the rest of his trades will certainly be at loss.

[Lanatsa]

Some even go as far as getting loans , borrowing from friends so they could trade, or invest in some altcoins..

Individuals would take loans to gamble have not been properly informed of the risk involved in trading; otherwise, if they were properly aware of the risk involved in trading, they would not attempt to make themselves indebted when their trading skill was not yet mature enough to give them the confidence that they could trade profitably to pay back the loans.

With good trading skills, it is very possible to flip a small trading account with a small deposit into something bigger. With poor trading skills, even if you invest a huge amount of money to trading, there is no guarantee of success.

Bigger amount of trading capital does not guarantee huge returns as well, in fact you can lose them instantly in just a blink of an eye. Trading requires skills and enhanced strategies regardless of an amount, so if you think you still don’t have that but only huge capital, the outcome will still be at loss. No one profits from trading without knowledge and experience, while others got lucky and make first winnings, but rest assured the rest of his trades will certainly be at loss.

A very common mistake specially to noobs that they are thinking that the bigger the capital the more profits that they could make and this is something which is really not that recommended. This is why
it would really be that better that you should really be having that specific capital when you do make out investment. Risk management would really be always that crucial or something which is really that important.
You cant just that ignore the risks because this could cause you up on having that huge loses if you wont really be that careful. This is why it would really be that recommended that always consider out on the
possibilities that losing money will really be just that next in line if you are really that trying out to be careless. This is why you should really be having that considerations when taking up such step.

[EarnOnVictor]

Thank you for this advice, it's genuine, "we should not shew more than we can bit," otherwise, what we shew might ruin us. Trading needs to be done accountably and responsibly, no one should use the money they can't afford to lose to trade. I was guilty of this if I should be sincere here, I even used my school fees and project money for trading while I was in the university. Sadly, I lost them like most people would do, it was painful and you will hardly see a trader that would not lose such money just as we see in gambling.

Now tell me, is it good? Is it honourable? That is why we should try to do the right thing and stop believing that we can make money under desperation. The result will always be more losses and frustration to the trader. Can you imagine, someone stooping so low to take a loan for trading, (well, I did that)? I secured a loan of about $1,000 at a time to trade, but fortunately for me, I was able to trade better and manage the account. Though I later lost the money, I was able to withdraw about $750 of the money. This is still not acceptable because I lost $250, what is now my gain? All traders should act cleverly rather than being desperate for the trading money.

[kawetsriyanto]

I had a friend who took a loan from the company he works for , about 30,000, which would then be deducted from his initial salary.
He then went on to use this money to trade , now psychologically he was just not ready for it because his whole mindset was just about making a huge amount of money that he ended up loosing everything.

I wonder how trustworthy your friend is that the company is willing to spend that much money on a loan. It's not a bank, right? Because there's usually a certain limit, and it will also be quite difficult for ACC, especially if the reason is not strong enough or just for investment. Unless there is a certain agreement.

However, whatever the background, borrowing such a large amount of money just for trading is really a very high-risk thing. Moreover, your friend, for example, does not really understand how to trade wisely, well, and profitably. Because, not everyone who has capital has the skills to analyze the market, including in making all decisions in trading which usually involve various considerations and inner battles.

So, it would be much wiser to just use personal funds without adding debt just for trading. Starting from a small amount is actually wiser, at least to really practice first.

[Maslate]

Trading can never guarantee profits all the time so we should be often cautious on the amount of funds we dare to put as trading capital. Trade at your own risk, and trade only if you are ready to lose. Because let’s admit it that trading creates inevitable losses as well, and for some successful traders who are now enjoying their current position, undoubtedly they have also endured a lot of losses at first in their early trading.

While trading can make you rich, but it can also make you the poorest of the poor. So always trade with caution, if you can’t do that, then get rid of trading as early as now before you end using up all your funds.

Exactly mate. Trading is not all about profits and money making, but it’s also a means to lose all your capital in just a blink of an eye. So if you are still a newbie, don’t rush into trading but observe the market first and gather all information that will help you in your future trades. And as much as possible, learn from the experiences of early traders, when they say trading is too risky, then avoid trading if you are still not confident to trade. Otherwise, you will suffer from too much losses, most especially if you are convinced that trading will make you rich faster, when in reality it’s another way to mess up with your funds if you are still not an experienced trader.

[betswift]

Trading can never guarantee profits all the time so we should be often cautious on the amount of funds we dare to put as trading capital. Trade at your own risk, and trade only if you are ready to lose. Because let’s admit it that trading creates inevitable losses as well, and for some successful traders who are now enjoying their current position, undoubtedly they have also endured a lot of losses at first in their early trading.

While trading can make you rich, but it can also make you the poorest of the poor. So always trade with caution, if you can’t do that, then get rid of trading as early as now before you end using up all your funds.

I agree. Only the money that is okay to spend should be used to try something out. Otherwise, things can end up badly.

[barisbilgili]

Exactly mate. Trading is not all about profits and money making, but it’s also a means to lose all your capital in just a blink of an eye. So if you are still a newbie, don’t rush into trading but observe the market first and gather all information that will help you in your future trades. And as much as possible, learn from the experiences of early traders, when they say trading is too risky, then avoid trading if you are still not confident to trade. Otherwise, you will suffer from too much losses, most especially if you are convinced that trading will make you rich faster, when in reality it’s another way to mess up with your funds if you are still not an experienced trader.

Different for beginners even for them it is not recommended to trade in large amounts.
But what must be known beforehand is the level of risk and no matter how big the risk is it will be worth it with all the possibilities so I think if we understand that there is nothing to be afraid of, if you want big profits then you will face big risks too.

In trading there will be quite a lot of lessons to learn and the most difficult is to control yourself not to be greedy and also other basic knowledge so I think people's perspectives on trading will be different and it depends on their goals.

[benalexis12]

It's also important for a trader to understand that it is not possible for them to always stay profitable, there will be bad days as well, and when there are losing days, they should make sure they evaluate their trades, find out the mistakes, and work on them, instead of leaving the market.

You mentioned it right, pal. Not everything we do in trading activity will always favor what we want to happen, especially if we are in the stage of exploring trading here in the crypto business. Because usually, in such situations, newbies lose in this field.

And to shape us as traders, let's learn from the mistakes we make in the actual trade we do. Without something like this, we won't be able to see where we went wrong, and we won't be able to use our thinking correctly on the mistakes that we can make, as long as we don't repeat the wrong thing.

[SchUl]

Good day everyone on this beautiful forum.
We all know how trading can be for everyone , everyone is there to make profits (money) , but the fact some people can go to length in using all they've ever had to trade is mesmerizing!.
Some even go as far as getting loans , borrowing from friends so they could trade, or invest in some altcoins..
The same apply to other things like sports betting, gambling and all of them.

I had a friend who took a loan from the company he works for , about 30,000, which would then be deducted from his initial salary.
He then went on to use this money to trade , now psychologically he was just not ready for it because his whole mindset was just about making a huge amount of money that he ended up loosing everything.
So my advice to people who hurrily invest and use all the have is that the market is never running away.
Do not stake your all! Be patient follow guidelines, learn how to trade safely , thank you!

I agree, you can't even invest all your money, you need to understand for yourself what diversification is. Investing in one business and not having at least some kind of airbag in the form of an amount that would be enough to live on is stupid.

[Zanab247]

Trading can never guarantee profits all the time so we should be often cautious on the amount of funds we dare to put as trading capital. Trade at your own risk, and trade only if you are ready to lose. Because let’s admit it that trading creates inevitable losses as well, and for some successful traders who are now enjoying their current position, undoubtedly they have also endured a lot of losses at first in their early trading.

Some time profit will occur for you to praise yourself to be a good trader, while some time loss will occur for you to blame yourself for not doing your calculations well before trading at the moment, and those are some of the things trading can cause to traders some time. Even though, you want to take the risk in trading, don't use all your money to trade because anything can happen that will make you to fail in that trading and there is no way you can collect your money back, which is the reason professionals in trading keep telling new traders not to trade what they can't afford to lose in trading.

While trading can make you rich, but it can also make you the poorest of the poor.

If you always trade in the bull market, you will have the opportunity to be rich through trading because that is the reason many traders use to trade to accumulate profit, but if you are a type of trader that use to trade in the bear market, the opportunity to be the poorest trader in the society is very close to such trader because it will be very hard for traders to make a good profit in the bear market.