Solokan
Sr. Member
Online
Activity: 630
Merit: 313
Rollbit.com
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September 13, 2024, 11:26:52 AM |
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It is true that trading can be done by everyone as long as they have the facilities and capital, but of course trading is certainly not an easy thing, but it does seem as if trading is easy, which is why many beginners experience losses when trading and that is definitely because they haven't yet ready in terms of finances and also knowledge, of course, due to not being prepared financially, there are quite a few people who carry out trading using borrowed money and of course this certainly has a big potential for causing harm to that person because mentally they will definitely not get comfort because trading in crypto is certainly a price movement it is very difficult to predict, especially altcoins, which of course are very difficult to predict their movements, especially if you use them for gambling, of course it is very dangerous if you use borrowed money.
Honestly, I'm sad when I read your story which tells of your friend who experienced a loss while trading but his trading money came from a loan. Yes, of course we have to be good at managing our emotions and don't force investment or trading if we don't have capital that is ready to be lost and indeed we have to be patient, that is, don't rush and of course, knowledge must first be improved, such as learning from fundamental and technical analysis and if we already understand it and mastering new trading knowledge we can trade or invest in crypto.
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Fredomago
Legendary
Offline
Activity: 3150
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
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September 13, 2024, 01:21:57 PM |
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Such people think trading is a very easy task. He first acquires a little knowledge and thinks that he can surely profit from it, and later, if he has no money, he borrows money from anywhere and uses that money for trading. And they lose money at the end, they first need to understand that trading is not easy, as trading looks easy, it is actually much more difficult.
Short term trading is very risky if you are risk conscious and you should do a lot of research and advice from seniors to minimize the unwanted risk. The decision to invest in borrowed money is very risky as if you borrow from someone then at a particular time the money must be returned but if the value of that currency falls as a result of the investment your capital will be stuck in the market and you will have no choice but to give money at a lower value and financial loss. for payment. The best way for you to profit is to use your own capital and decide to invest small amounts in the market. It's a tough decision to risk, epecially if you are just borrowing your initial capital same with your statements, it's tough to work with how you can repay your loan if the market move not on your favor, there's no choice but to repay and most of the time there's interest with that kind of loans, not unless you have other sources of finances or you have a good stable job where you can finance your loans, though that still a loss if you don't know the possibility if where the market is heading, it's more on your understanding and how well you are in dealing with your research, you can take that big risk if you know well the venue of your investment.
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Webetcoins
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September 17, 2024, 06:49:26 AM |
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it's best to avoid trading with money from loans because the risk is too high, when you start from loan proceeds and it's not profitable then it becomes an even greater burden for us, start trading from the smallest capital but the money itself is not from the proceeds. borrowing, then the risk is also less than forcing yourself to lend money to trade which can end up making yourself frustrated because of your own mistakes, no one can guarantee that in trading you will always make a profit, there will definitely be losses too, so take the least risk Even though the profits are small, you will be calmer by trading from your own capital, not from other people's loans.
That is true, if you fail to pay your loan back then it is not going to be good at all, people lose stuff with that type of move and I do not support that at all, it is not really good at all. We should just keep saving money to use for investing and if we can do that then we are going to be fine. Many people end up making too much mistakes and I feel like there were moments when it is going to be life changing to get some loan and get rich, I know the bull period and how it makes people think, but you could lose it all as well so there is no reason to keep doing that. I feel like the best thing to do would be just making sure that you avoid all of this and not do anything good with it, I personally would look at it like it is something that could take so much risk. I believe that if you take out a loan, it must be for something that is guaranteed to increase your income, that way your income will be higher forever and you will be able to pay your loan back.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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fikrett
Copper Member
Jr. Member
Online
Activity: 112
Merit: 4
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September 17, 2024, 07:02:10 AM |
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Such people think trading is a very easy task. He first acquires a little knowledge and thinks that he can surely profit from it, and later, if he has no money, he borrows money from anywhere and uses that money for trading. And they lose money at the end, they first need to understand that trading is not easy, as trading looks easy, it is actually much more difficult.
Short term trading is very risky if you are risk conscious and you should do a lot of research and advice from seniors to minimize the unwanted risk. The decision to invest in borrowed money is very risky as if you borrow from someone then at a particular time the money must be returned but if the value of that currency falls as a result of the investment your capital will be stuck in the market and you will have no choice but to give money at a lower value and financial loss. for payment. The best way for you to profit is to use your own capital and decide to invest small amounts in the market. I totally agree, risks are not worth it, and the situation may go south very quickly. Using loans for it is a sentence for sure. You should only use the funds you are willing to spend. That way, you will ensure you are going to be okay in the long run.
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Dr.Osh
Legendary
Offline
Activity: 2814
Merit: 1004
Buzz App - Spin wheel, farm rewards
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September 19, 2024, 08:15:22 AM |
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It is true that trading can be done by everyone as long as they have the facilities and capital, but of course trading is certainly not an easy thing, but it does seem as if trading is easy, which is why many beginners experience losses when trading and that is definitely because they haven't yet ready in terms of finances and also knowledge, of course, due to not being prepared financially, there are quite a few people who carry out trading using borrowed money and of course this certainly has a big potential for causing harm to that person because mentally they will definitely not get comfort because trading in crypto is certainly a price movement it is very difficult to predict, especially altcoins, which of course are very difficult to predict their movements, especially if you use them for gambling, of course it is very dangerous if you use borrowed money.
Honestly, I'm sad when I read your story which tells of your friend who experienced a loss while trading but his trading money came from a loan. Yes, of course we have to be good at managing our emotions and don't force investment or trading if we don't have capital that is ready to be lost and indeed we have to be patient, that is, don't rush and of course, knowledge must first be improved, such as learning from fundamental and technical analysis and if we already understand it and mastering new trading knowledge we can trade or invest in crypto.
Actually, I feel that borrowing is not something wrong, as long as we can pay it back. Many people are in a hurry to do something and borrowing becomes a temporary solution. However, the best thing is that we can pay the loan using the money we have. However, the mistake is borrowing money that may be too much and may be difficult to replace. However, we do have to prepare for the risk in trading so that we don't get mentally affected when we get a loss
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Fredomago
Legendary
Offline
Activity: 3150
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
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September 19, 2024, 12:08:59 PM |
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It is true that trading can be done by everyone as long as they have the facilities and capital, but of course trading is certainly not an easy thing, but it does seem as if trading is easy, which is why many beginners experience losses when trading and that is definitely because they haven't yet ready in terms of finances and also knowledge, of course, due to not being prepared financially, there are quite a few people who carry out trading using borrowed money and of course this certainly has a big potential for causing harm to that person because mentally they will definitely not get comfort because trading in crypto is certainly a price movement it is very difficult to predict, especially altcoins, which of course are very difficult to predict their movements, especially if you use them for gambling, of course it is very dangerous if you use borrowed money.
Honestly, I'm sad when I read your story which tells of your friend who experienced a loss while trading but his trading money came from a loan. Yes, of course we have to be good at managing our emotions and don't force investment or trading if we don't have capital that is ready to be lost and indeed we have to be patient, that is, don't rush and of course, knowledge must first be improved, such as learning from fundamental and technical analysis and if we already understand it and mastering new trading knowledge we can trade or invest in crypto.
Actually, I feel that borrowing is not something wrong, as long as we can pay it back. Many people are in a hurry to do something and borrowing becomes a temporary solution. However, the best thing is that we can pay the loan using the money we have. However, the mistake is borrowing money that may be too much and may be difficult to replace. However, we do have to prepare for the risk in trading so that we don't get mentally affected when we get a loss Just the same with those rich and wise investors they use the loan to finance their business and they by doing that they are able to repay the loan and eventually convert it as their capital, I guess if you know how to handle the risk then you can use that money as your advantage but if you don't know how to handle the pressure chances that it will lead you to lose and leave that loan as burden that you need to double time paying your debts.
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stomachgrowls
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September 19, 2024, 01:21:45 PM |
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It is true that trading can be done by everyone as long as they have the facilities and capital, but of course trading is certainly not an easy thing, but it does seem as if trading is easy, which is why many beginners experience losses when trading and that is definitely because they haven't yet ready in terms of finances and also knowledge, of course, due to not being prepared financially, there are quite a few people who carry out trading using borrowed money and of course this certainly has a big potential for causing harm to that person because mentally they will definitely not get comfort because trading in crypto is certainly a price movement it is very difficult to predict, especially altcoins, which of course are very difficult to predict their movements, especially if you use them for gambling, of course it is very dangerous if you use borrowed money.
Honestly, I'm sad when I read your story which tells of your friend who experienced a loss while trading but his trading money came from a loan. Yes, of course we have to be good at managing our emotions and don't force investment or trading if we don't have capital that is ready to be lost and indeed we have to be patient, that is, don't rush and of course, knowledge must first be improved, such as learning from fundamental and technical analysis and if we already understand it and mastering new trading knowledge we can trade or invest in crypto.
Actually, I feel that borrowing is not something wrong, as long as we can pay it back. Many people are in a hurry to do something and borrowing becomes a temporary solution. However, the best thing is that we can pay the loan using the money we have. However, the mistake is borrowing money that may be too much and may be difficult to replace. However, we do have to prepare for the risk in trading so that we don't get mentally affected when we get a loss Just the same with those rich and wise investors they use the loan to finance their business and they by doing that they are able to repay the loan and eventually convert it as their capital, I guess if you know how to handle the risk then you can use that money as your advantage but if you don't know how to handle the pressure chances that it will lead you to lose and leave that loan as burden that you need to double time paying your debts. One of the main considerations if you would really be trying out to take up some loan is on how you would really be able to make utilization of the said loan amount. If it would really be used by means of investment or business then it is really that something worth to try or risks on, but if you are really that making use of those loan amounts or even with your life savings into something which doesnt give out that benefit or making up some potential income or profit then it would really be better that you shouldnt really be taking up such step. We do know that when it comes into this aspect then there would really be that kind of considerations or wise thinking about things that you do really that mind about. Investing does comes with a risks and it will really be just that normal. You wont really be able to gain up something if you wont really be taking up some risks or actions because in order for you to have that progressive financial condition then you should really be that considering on taking up steps so that you would be able to achieve something. The thing on here is that you should really be that wary about those possible loses of money because we arent just that talking about getting those profits constantly.
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tvplus006
Legendary
Offline
Activity: 2478
Merit: 1945
To the Moon
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September 19, 2024, 03:12:06 PM |
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...Do not stake your all! ...
There is a rule that all investors must strictly follow: "Don’t put all your eggs in one basket". Of course, if fortune favors you, you can make a big profit, but you should not play roulette with her. The risks in any business should be adequate and in case of failure it should not lead to bankruptcy.
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Dewi Aries
Legendary
Offline
Activity: 2870
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
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September 19, 2024, 06:29:12 PM |
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...Do not stake your all! ...
There is a rule that all investors must strictly follow: "Don’t put all your eggs in one basket". Of course, if fortune favors you, you can make a big profit, but you should not play roulette with her. The risks in any business should be adequate and in case of failure it should not lead to bankruptcy. Of course, although this is not gambling, make sure that you only allocate an amount of money that you can really be responsible for whatever the results. Responsibility is a skill that every investor must have, the market is not silent, fluctuations are very likely to change a profitable situation into a loss, and this is why a trader must be responsible to avoid emotions when they experience losses. On the other hand, trading is not gambling, it's not about how lucky you are when running a session but about how skilled you are in analyzing the market and executing every opportunity you find. Therefore, this is why a trader must always be willing to learn new things related to the world of trading, because that way you will be able to maximize your chances of profit but can also make the percentage of losses smaller.
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KingsDen
Legendary
Offline
Activity: 1274
Merit: 1081
Goodnight, o_e_l_e_o 🌹
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September 19, 2024, 07:42:16 PM |
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It is true that trading can be done by everyone as long as they have the facilities and capital, but of course trading is certainly not an easy thing, but it does seem as if trading is easy, which is why many beginners experience losses when trading
Trading seems easy especially during the bull run. You'll just think that trading is simply buying low and selling high. But when reality hits, you'll be shocked. Actually, trading is free for anyone to try out but it's not necessarily for everyone. You must be emotionally balanced to try out trading. and that is definitely because they haven't yet ready in terms of finances and also knowledge, of course, due to not being prepared financially, there are quite a few people who carry out trading using borrowed money and of course this certainly has a big potential for causing harm to that person because mentally they will definitely not get comfort
In trading, one thing is to get the knowledge, another is to have the financial ability to raise trading capital. In some cases the later is always a problem. Borrowing money to start trading should be the last resort if it's even permissible. Please, employ punctuations @Op.
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Perfectbaby
Sr. Member
Offline
Activity: 441
Merit: 265
EVO.io
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September 19, 2024, 08:00:53 PM |
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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!
You know what most people think about trading is that immediately they join trading they began to make huge amount while trading without knowing that the market doesn't function that way. People need to study very hard and understand the prerequisites of trading before unleashing whatever amount they seems to have to used and trade with intensity of creating huge profits from there start up. I will always advise people to use what they can be able to lose to trade and do not take borrowed money or a relative money to trade.
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uswa56
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September 20, 2024, 12:47:19 PM |
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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!
You know what most people think about trading is that immediately they join trading they began to make huge amount while trading without knowing that the market doesn't function that way. People need to study very hard and understand the prerequisites of trading before unleashing whatever amount they seems to have to used and trade with intensity of creating huge profits from there start up. I will always advise people to use what they can be able to lose to trade and do not take borrowed money or a relative money to trade. When someone thinks that they will be able to profit easily on the trades they make, it is certainly very inappropriate because there are many things that they must prepare to be able to make profits from every trade they make, because without having any preparation, of course they will easily spend the funds they have on the trades they make. Using funds that they can afford to bear for losses when trading is very important and do not let someone who is just starting to trade with large funds and it will be better for them to first try with small funds until they really understand the trading and then try with larger funds in order to make greater profits.
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Rockstarguy
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September 20, 2024, 02:18:52 PM |
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...Do not stake your all! ...
There is a rule that all investors must strictly follow: "Don’t put all your eggs in one basket". Of course, if fortune favors you, you can make a big profit, but you should not play roulette with her. The risks in any business should be adequate and in case of failure it should not lead to bankruptcy. Diversification is all good investment and it is not really cool when one egg is placed in one basket. But before one is thinking or making plans to diversify investment it is important to know what you are diversifying into, Diversification shouldn't just be based in making profit only but to know if the investment is a reliable one that is worth investing money into. Many investors goes into Diversification all in the name of making profit in the wrong investment. It is better to stick in one good investment than to diversify into wrong investment that can lead to lose of money. The goal of Diversification should not be only for profit because if we consider only profit and not to know the worth of the investment it can lead to lose. Only diversify to investment that is profitable and reliable, these will surely yield value in every investment.
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Awaklara
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September 20, 2024, 02:41:18 PM |
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When someone thinks that they will be able to profit easily on the trades they make, it is certainly very inappropriate because there are many things that they must prepare to be able to make profits from every trade they make, because without having any preparation, of course they will easily spend the funds they have on the trades they make. Using funds that they can afford to bear for losses when trading is very important and do not let someone who is just starting to trade with large funds and it will be better for them to first try with small funds until they really understand the trading and then try with larger funds in order to make greater profits.
because losses are unavoidable in the trading process, just like when we invest or gamble, we will only use money that we are ready to lose. although in the trading process, no trader wants to lose, but in reality, the situation is difficult to force us to remain profitable. financial management and trading planning are very important in trading. so we also have to know when we should exit a trade at a loss, or force ourselves to wait at the risk of losing all the money.
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Perfectbaby
Sr. Member
Offline
Activity: 441
Merit: 265
EVO.io
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September 20, 2024, 03:25:46 PM |
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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!
You know what most people think about trading is that immediately they join trading they began to make huge amount while trading without knowing that the market doesn't function that way. People need to study very hard and understand the prerequisites of trading before unleashing whatever amount they seems to have to used and trade with intensity of creating huge profits from there start up. I will always advise people to use what they can be able to lose to trade and do not take borrowed money or a relative money to trade. When someone thinks that they will be able to profit easily on the trades they make, it is certainly very inappropriate because there are many things that they must prepare to be able to make profits from every trade they make, because without having any preparation, of course they will easily spend the funds they have on the trades they make. Using funds that they can afford to bear for losses when trading is very important and do not let someone who is just starting to trade with large funds and it will be better for them to first try with small funds until they really understand the trading and then try with larger funds in order to make greater profits. Someone who is start their trading is not meant to start with large funds especially if that person hasn't understand clearly how the system operates should not find their account with huge capital better still can go with 100-150$ respectively till they understood how the system of buying and selling works. On the other hand when they start trading with amount above that it would stir them to lose more and can't control trade.
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stomachgrowls
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September 20, 2024, 05:33:28 PM |
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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!
You know what most people think about trading is that immediately they join trading they began to make huge amount while trading without knowing that the market doesn't function that way. People need to study very hard and understand the prerequisites of trading before unleashing whatever amount they seems to have to used and trade with intensity of creating huge profits from there start up. I will always advise people to use what they can be able to lose to trade and do not take borrowed money or a relative money to trade. When someone thinks that they will be able to profit easily on the trades they make, it is certainly very inappropriate because there are many things that they must prepare to be able to make profits from every trade they make, because without having any preparation, of course they will easily spend the funds they have on the trades they make. Using funds that they can afford to bear for losses when trading is very important and do not let someone who is just starting to trade with large funds and it will be better for them to first try with small funds until they really understand the trading and then try with larger funds in order to make greater profits. Someone who is start their trading is not meant to start with large funds especially if that person hasn't understand clearly how the system operates should not find their account with huge capital better still can go with 100-150$ respectively till they understood how the system of buying and selling works. On the other hand when they start trading with amount above that it would stir them to lose more and can't control trade. When you are still that a noob then most likely you would really be thinking up this way and this is something that cant be denied on which most of us will really be having this kind of mindset into those times or moments that we are really just that starting up. We do know that there would really be those moments or conditions that we will be thinking or assuming that the bigger capital you do have the bigger profit you could make on which this is undeniably true but since we are still noobs and doesnt have that much experience when it comes to this manner then we would really be having that higher chance on committing errors and mistakes on which it would be causing up for those high capital start up would be ending up on a disaster. This is why on the moment that you are still starting then small amount start up witll be recommended. You should really be that trying out to figure on how this market works or would be behaving. On the moment that you do already have a good grasps of it or on the time that you do already know on how it works and what are the things that you would gonna do, then it would really be that up to you whether you should be increasing your trade position or not. Along the way, you would definitely be making yourself having those kind of realizations on how you would really be that dealing up with things accordingly.
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Alone055
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September 20, 2024, 05:44:22 PM |
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When someone thinks that they will be able to profit easily on the trades they make, it is certainly very inappropriate because there are many things that they must prepare to be able to make profits from every trade they make, because without having any preparation, of course they will easily spend the funds they have on the trades they make.
It usually depends on how much time a person has spent in the market and how much they understand trading in general. Most people who tend to lose their money easily in this market are those who know nothing but think or behave like they know everything. They are basically influenced by what they see around them when people create clickbait images and videos about how much money they earn in this market without talking about the risks and everything. Using funds that they can afford to bear for losses when trading is very important and do not let someone who is just starting to trade with large funds and it will be better for them to first try with small funds until they really understand the trading and then try with larger funds in order to make greater profits.
Again, it's all about having the right mindset. If you don't know something, just acknowledge it and accept it because if you don't do that and try to over-smart when you are not even smart enough, you will have to face the music. Take things easily at first when you know you can't handle a lot of it at once, give yourself some time, the market isn't running away, there will always be more opportunities for everyone coming into this market, so don't rush it.
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AYOBA
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September 20, 2024, 07:53:47 PM |
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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!
There so many things that we need to be avoid when ever we come to trade, the first thing is that for someone to go and taken a loan just because he wanted to trade, which is wrong decision, because a person who’s really ready to trade will not go and request for a loan; what if on his first day of trading he lost everything how is good to explain it will end up of debts. That’s why people who know much about trading always said that if we want to trade we should trade the amount of money that we can afford to lose, but is like not all people are comprehend that word; and the main problem problem is lack of patience is what are leading so people in trading.
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salad daging
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September 20, 2024, 08:44:04 PM |
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...Do not stake your all! ...
There is a rule that all investors must strictly follow: "Don’t put all your eggs in one basket". Of course, if fortune favors you, you can make a big profit, but you should not play roulette with her. The risks in any business should be adequate and in case of failure it should not lead to bankruptcy. Therefore from that failure we can try again to become bankrupt, so it's true don't put all assets in one coin when one coin fails there are still other coins that can generate profits. Sometimes there are still people putting all assets in one coin with the desire to multiply, Yeah if it's lucky what if not? That's what should be thought about not about profit but how to deal with risk when it occurs. Diversification is better, because some professional investors do that strategy so that they don't go bankrupt, so I myself do it.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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Stable090
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September 20, 2024, 09:13:28 PM |
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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 have seen people sell their properties just because they want to trade, which doesn’t make sense, if you want to be a trader, then trade with what if you lose it’s not really going to affect it. When some people lose in trading, it does end up causing some health problems to them, and I have heard it before that a young guy committed suicide after losing everything he has to trading. If we want to be traders, make sure we use a small amount of money from our savings to trade, then with time, the account can be grown, maybe after making profits, we should have some percentage that we will withdraw from our profit. 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.
Since he has a source of income, in case he loses the money, then he will be able to pay it back because it’s going to be withdrawn from his salary, but some people who do crazy things like taking loans don’t even have any means of paying back the loan even if they lose the money.
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