Scare money don't make real money in crypto

[Chronic Gambler9]

Let's talk about real money, it doesn't always come with taking bigger risks in the market, we can make quite good profits as long as we're consistent in the market and we completely how the market operates, we're talking about how to calm down and not panic when the market is moving against your plans and not towards your direction, consistency, determination, risks management and DYOR in every sector you find yourself because they attributes to generating real money in the market.

Most time why some investors or traders use to take bigger risks is so that they can get quick profits from the market, since not everyone wants to be consistent in the market; they prefer to enter the market once a while. So that type of people take bigger risks; they don’t care about what they're going to lose.

In general, all what I'm trying to say is simple, don't invest in crypto with capital that you're afraid of losing, instead invest with what you can afford to lose. Perhaps I'm here and willing to explore and know more about the Crypto market, to grasp your opinions about the complex phrase "scare money don't make real money in crypto"

Taking all the money into the crypto space will make you lose more than your expectations, because that willingness will lead to the end of your investment career, that is what they call you started with something and end up with nothing is only in the crypto market it happen mostly.

[Rockson1]

It was very easy in the past to make money from crypto space and life was pretty good then not now where you can find 10 projects and about 7 could be scam projects. There are scammers that have shifted their scam into crypto because they find loopholes they can often use to scam their victims easily while gathering portfolios of cryptocurrency. Traders and investors should know this and understand that they'll have to invest what they can afford to lose so if anything go wrong, it wouldn't have too much disappointment.

You are right, but they also took advantage of some people who are too inquisitive to make fast money then, although many persons were lucky to make cool cash back then, why projects continue to flop is that, there are many scammers now than then, it is difficult to differentiate between good projects from the bad ones now, dubious developers everywhere, they only advice I can give to those that invest in random stuff is that, if they can't stick to Bitcoin alone, they can choose from the few existing popular Altcoins like ETH, BNB, SOL, so that they do not start crying later.

[Su-asa]

This is what I have learned about cryptocurrency trading, and you should always have the confidence to go into it, knowing that you have the required knowledge and abilities to be a trader, so that you don't go into it with uncertainties when trading. Always prepare for the worst and expect the better to come, as there is always a risk in trading regardless of how professional you are being professional, but you can minimize this when you are very sure of what you are doing in Trading.

Having the knowledge isn't really enough even though it is very important, there are lots of traders out there that have taken out their time to study the market but they lack certain things like psychological discipline and not knowing how to apply risk management. After gaining knowledge when it comes to the crypto market the next thing you must learn is market psychology, this is what Ensures that you always maintain discipline and always stay in control of your emotions, you can be very sure of what you are doing and still end up making big mistakes if you have no control of your emotions.

[BItcoin Guy@]

What OP was trying to explain is that any money you know you can’t afford to lose, you should not use it to invest in crypto, and in my understanding, these money can be some money that are not yours, or you life savings that you don’t have any apart from that and you have no other means to earn more to replace them in case of loss in cryptocurrency.

The idea of risk taking is what the OP should have explained because no risk, no reward; and if you decide to stay in your comfort zone without taking any risk, you can end up not earning more money, but that doesn’t mean that we must invest in crypto with the money we can’t afford to lose, we should avoid FOMO because crypto is not for everyone, we need to understand that and wait for our opportunity to invest to avoid losing money.

I think all investors should have knows that for a while, anyone that used money that he can’t afford to lose in crypto, anything that comes up, he will blame is self, because crypto is not like other investments that you can probably get something backs, when you don’t know anything about coins is always important you should get some knowledge about it, and you can try to take risk. When you want to achieve your goal in cryptocurrency, you need to take risk and get something back, and if you wish to minimize risk and hold bitcoin is good, and you can used to DCA method to make the risk reduce and get profits later when the price increases.

[Abu-Naim]

I think all investors should have knows that for a while, anyone that used money that he can’t afford to lose in crypto, anything that comes up, he will blame is self, because crypto is not like other investments that you can probably get something backs, when you don’t know anything about coins is always important you should get some knowledge about it, and you can try to take risk. When you want to achieve your goal in cryptocurrency, you need to take risk and get something back, and if you wish to minimize risk and hold bitcoin is good, and you can used to DCA method to make the risk reduce and get profits later when the price increases.

Yes, real investors are supposed to know that, but everyone is claiming to become an investors, but they don’t want to take the responsibility; they will want to make quick money as investors, they don’t consider risk management and tends to blame crypto in general for their errors if the lose money due to lack of knowledge. They thinks everything is all about money, and once they have the money, they can get everything, but in crypto, it is totally different and they don’t understand; the risk is very high so they need to learn and understand, so the DCA method will be good for them to start instead of rushing in without any knowledge.

[JoyceBTC]

This is what I have learned about cryptocurrency trading, and you should always have the confidence to go into it, knowing that you have the required knowledge and abilities to be a trader, so that you don't go into it with uncertainties when trading. Always prepare for the worst and expect the better to come, as there is always a risk in trading regardless of how professional you are being professional, but you can minimize this when you are very sure of what you are doing in Trading.

Having the knowledge isn't really enough even though it is very important, there are lots of traders out there that have taken out their time to study the market but they lack certain things like psychological discipline and not knowing how to apply risk management. After gaining knowledge when it comes to the crypto market the next thing you must learn is market psychology, this is what Ensures that you always maintain discipline and always stay in control of your emotions, you can be very sure of what you are doing and still end up making big mistakes if you have no control of your emotions.

In essence we shouldn’t allow our emotions control us while trading, I actually like the word @bitcoin-forever used which is confidence. Be confident in what you want to go into before even going into it. Trading involves risk and as a trader you are well aware of that and what to expect, so what is more important while trading is ability to apply risk management and self control is part of that.

[Stable090]

In general, all what I'm trying to say is simple, don't invest in crypto with capital that you're afraid of losing, instead invest with what you can afford to lose. Perhaps I'm here and willing to explore and know more about the Crypto market, to grasp your opinions about the complex phrase "scare money don't make real money in crypto"

When u tell some people say make dem no use money wey if dem lose e go affect them, some of them no go wan listen, some of dem go think say u no sabi Wetin u Dey talk, dem go talk say nothing go do there money, and dem no fit lose there money. Some people no even sabi much about bitcoin, dem just hear people Dey invest in am, and Dey decide to invest also which is so wrong.

If u wan put money for something, u suppose take ur time to learn more about Wetin u wan put ur money, u suppose sabi d risk wey Dey Wetin u wan put ur money for, u suppose sabi how u go store am, and how u go take manage am properly. Just because u see person Dey invest, and him Dey make money no mean say u go jump into am without doing any research.

[JimaGod]

In general, all what I'm trying to say is simple, don't invest in crypto with capital that you're afraid of losing, instead invest with what you can afford to lose. Perhaps I'm here and willing to explore and know more about the Crypto market, to grasp your opinions about the complex phrase "scare money don't make real money in crypto"

When u tell some people say make dem no use money wey if dem lose e go affect them, some of them no go wan listen, some of dem go think say u no sabi Wetin u Dey talk, dem go talk say nothing go do there money, and dem no fit lose there money. Some people no even sabi much about bitcoin, dem just hear people Dey invest in am, and Dey decide to invest also which is so wrong.

If u wan put money for something, u suppose take ur time to learn more about Wetin u wan put ur money, u suppose sabi d risk wey Dey Wetin u wan put ur money for, u suppose sabi how u go store am, and how u go take manage am properly. Just because u see person Dey invest, and him Dey make money no mean say u go jump into am without doing any research.

This is the mistake most young minds are making, they do not listen and keep adamant ears on valuable information that could have help their lives. I do know we're humans beings and we're not perfect, we all have our flaws and we should be able to know our strengths and weaknesses when it comes to important projects that would change our lives.

Another thing is when young minds just want to invest without asking questions, what's the point of investing when you don't know or even have a clue about the ROI of your investment? You just want to invest because your colleagues are investing? It's very funny and I think it's not helping matters here.  Before taking any bold steps because it's considered as bold steps since it involves elevating and taking risks, it's corely advisable to know the rewards and losses of what you're about to sign up for.

[Nasdel4]

All my years of trading, I've come to understand this phrase "scare money don't make real money in crypto" to be more of a context and a complete complex term. In crypto, this complex phrase is used to stimulate traders and investors in the market to take the bigger risk in the market despite the losses that follows. When we're talking about scare money, we're talking about money investors and traders are scare of losing, money you can not afford to lose in trading, this is one of the reasons why it's important to invest with what you can afford to lose inother to refrain from unwanted financial pressure.

Let's talk about real money, it doesn't always come with taking bigger risks in the market, we can make quite good profits as long as we're consistent in the market and we completely how the market operates, we're talking about how to calm down and not panic when the market is moving against your plans and not towards your direction, consistency, determination, risks management and DYOR in every sector you find yourself because they attributes to generating real money in the market.

In general, all what I'm trying to say is simple, don't invest in crypto with capital that you're afraid of losing, instead invest with what you can afford to lose. Perhaps I'm here and willing to explore and know more about the Crypto market, to grasp your opinions about the complex phrase "scare money don't make real money in crypto"

It's quite true because I remember at the initial stage of my bitcoin journey when I tried with some money I had but was scared of losing, it was small but I was still scared to lose it and I was hoping it would go up but I lost it all and for some people after that they won't try it again. So it's a true fact. The best money to invest in crypto most of the time is money you gained from rendering a service to a web3 company or getting an airdrop.

[Nheer]

It's quite true because I remember at the initial stage of my bitcoin journey when I tried with some money I had but was scared of losing, it was small but I was still scared to lose it and I was hoping it would go up but I lost it all and for some people after that they won't try it again. So it's a true fact. The best money to invest in crypto most of the time is money you gained from rendering a service to a web3 company or getting an airdrop.

You are getting this wrong, your experience with bitcoin investment wasn’t a good experience at first but that is common and not something new because we haven’t understood the system much better and experience it more better.
But you are getting this wrong about the best money for bitcoin investment. Discretionary income is best money which should be use for bitcoin investment, any other money apart from our discretionary isn’t advisable for bitcoin investment because that is totally risky especially those money that are meant for other expenses.

What will be the essence of using money you need for something else when you have no other means of solving that thing? You will be forced to either take it out later from your investment or you will be expecting a quick return so that you can solve that thing you postponed. It's a wrong idea for an investor to invest with money that's not discretionary.

[Bitcoin-Forever]

don't invest in crypto with capital that you're afraid of losing, instead invest with what you can afford to lose.

This sounds as a summary note to what is expected of everyone of us to do before investing, make your research and ensure the investment you are considering, investment can give you 100% turnaround or risk-free attempt, the level may varies and their outcome as well may not be the same, ensure that any investment you are taking is based on your intention to make a profit, and that you can also afford to risk it.

[Gost ms]

It's quite true because I remember at the initial stage of my bitcoin journey when I tried with some money I had but was scared of losing, it was small but I was still scared to lose it and I was hoping it would go up but I lost it all and for some people after that they won't try it again. So it's a true fact. The best money to invest in crypto most of the time is money you gained from rendering a service to a web3 company or getting an airdrop.

You are getting this wrong, your experience with bitcoin investment wasn’t a good experience at first but that is common and not something new because we haven’t understood the system much better and experience it more better.
But you are getting this wrong about the best money for bitcoin investment. Discretionary income is best money which should be use for bitcoin investment, any other money apart from our discretionary isn’t advisable for bitcoin investment because that is totally risky especially those money that are meant for other expenses.

What will be the essence of using money you need for something else when you have no other means of solving that thing? You will be forced to either take it out later from your investment or you will be expecting a quick return so that you can solve that thing you postponed. It's a wrong idea for an investor to invest with money that's not discretionary.

Yes I completely agree with you. One thing every person should always remember is that investment is for the long term and the amount of money that can be held for the long term is necessary to invest and the right decision is to invest the amount of money that a person can afford to lose.

When a person invests the required amount of money, he may not be able to hold it for the long term, he may need that amount of money before the end of his investment period, so the best investment for every investment is the source of discretionary income. The amount of money that remains after every person deducts all his expenses is discretionary income.

[Ever-young]

It is my first time to come across the phrase scare money, but the meaning is something that we are all familiar with. One of the reason why people panic-sell during a dip is because they are scared of losing the amount of money they have invested. It is important to always take risks within your capacity instead of going beyond your capacity. Having the fear of losing when making an investment is dangerous because you might end up making a mistake out of emotions that would affect the choices that you make.

I really buy the idea of taking risk within your capacity. Because the truth is, no one is investing with the aim of loosing in the market, busy risk has to be taken. The moment you put the negativities first it’ll be nearly impossible you give it a chance. And at the same time, being too confidence because it worked out for mr. B it’ll work out for you, without having deeper understanding of how they went about it, may land you in the mud.

Definitely no one wants their investment to be driven by the rain the ability to stay calm during fluctuations is what keeps you in the game .
To personally, I won’t just say you should invest what you can afford to loose, but will also invest what you’re never going to utilize any soon, and it should be within your capacity. It will hive you a high level of patience. The idea is longterm not a short-term utility save box.

[CryptopreneurBrainboss]

In general, all what I'm trying to say is simple, don't invest in crypto with capital that you're afraid of losing, instead invest with what you can afford to lose. Perhaps I'm here and willing to explore and know more about the Crypto market, to grasp your opinions about the complex phrase "scare money don't make real money in crypto"

Still basically the same advice that has been given for years here but love the fact you used scared money because that's exactly what that money is when you can't invest and forget that you did but always monitoring your scream for every little movement  you see, there isn't any point thinking your money won't be scared when you're scared yourself so while you hope on not investing more than you can afford losing. Also make sure you're growing yourself emotionally as you don't need to be over attached to your money. Money is a tool and you should be able to make use of that tool to get what you what from life. Scared money don't do any good here because this is a market that's filled with volatility and if your emoticons aren't under control then your money is of no good here.

[Biggeno]

for a start, i've barely come across someone with full knowledge of the forex market or trading market so to say! it is most advised that we put our money where our focus is, speaking of frequent experience, there are many who go into trading on the basis of the so called profit they'll make at the end of the day, but often time, the market makes profit from them in return, if you don't learn before jumping into the forex market, you'll jump 3x faster while coming out of it!
for someone who want to make trading a side hustle, it is recommended that you do your own research about how the market works before jumping into and also while on it, you don't use money that you cannot afford to loose. As long as the amount you're about to use is what you can afford to giveaway, even if it is regarded as scare as the OP described it, it is much more better to utilize that amount, don't let the proft of others pressure you into losing a fortune.   

[Fiasem20]

Even outside the crypto space I’ve heard this phrase “scare money make no money”,when you’re too scared to confront that risk that might bring money then you won’t make no money.Then in the crypto space those set of individuals that are scared of bitcoin volatility they won’t be able to make a further step in investing in bitcoin,anyways those who are scared of investing in bitcoin would say they’re other investments/businesses that are worth rewarding in the long term and they’re saying the truth but one thing they fail to understand is that every investment/businesses has their own unique risks,so you might be dodging bitcoin and you might encounter an investment that’s more tougher than bitcoin.So in all you do make a bold move and confront that risk because scare money makes no money.

[rachael9385]

All my years of trading, I've come to understand this phrase "scare money don't make real money in crypto" to be more of a context and a complete complex term. In crypto, this complex phrase is used to stimulate traders and investors in the market to take the bigger risk in the market despite the losses that follows

This term is new to me but even without any explanation anyone that's into the crypto space has a clear understanding because the phrase explains itself. They say no risk no reward, this incomplete statement has made a lot of people lose huge amounts of money. Even if investing in the crypto market is all about taking risks it must be calculated.

In general, all what I'm trying to say is simple, don't invest in crypto with capital that you're afraid of losing

Risk management is a vital aspect of crypto investment and just because you are investing in Bitcoin doesn't mean that it's risk free. A lot of people don't believe in investing an amount they can afford to lose when putting their money in Bitcoin because their sure a return but in the crypto market that's a dangerous thing to do.

[Cryptomultiplier]

I think besides crypto currency investment, any kind of investment like even the Dangote IPO that recently launched may involve an investor to use funds that they are scared to lose naturally, so as it concerns crypto currency trading or investing like using a particular strategy like DCA, the funds you use might have other real world uses,  but it is because you believe the place you intend to throw the money into would in the long run bring good returns, that's why you invest in it.

So being scared is just an emotional reaction and it shouldn't stop you from believing in the results you aim to achieve when you go against the fear to invest, be it in trading, in accumulating or in any other form of investment.

[Odogwu-Blockchain]

When using money to make more money, do not be moved by that statement, it causes pressure and may mislead you to making wrong decision when handling money, it's unnecessary to be using that statement with money. You only use it when taking risk that's not money to make more money.

Black in beauty movie teaches similar thing-Actress selling body for money, no need to be ashamed of selling body for money, why scared doing that. At this point the statement is necessary.

It has to be calculated risk when using money to make more money-not risking anyhow because of a statement pushes that.

[WhoYouCantKill]

Still basically the same advice that has been given for years here but love the fact you used scared money because that's exactly what that money is when you can't invest and forget that you did but always monitoring your scream for every little movement  you see, there isn't any point thinking your money won't be scared when you're scared yourself so while you hope on not investing more than you can afford losing. Also make sure you're growing yourself emotionally as you don't need to be over attached to your money. Money is a tool and you should be able to make use of that tool to get what you what from life. Scared money don't do any good here because this is a market that's filled with volatility and if your emoticons aren't under control then your money is of no good here.

Many people think being a good investor is just about just having money to invest, but the real truth is that having the ability to handle uncertainties is just as crucial as having the money to invest. It’s very much possible that an invest can actually invest what they can afford to lose and still end up panic selling along the line due to constant monitoring of the market and their inability to handle different market conditions and in the end they get their strategy ruined. When we talk about emotional discipline, we are not talking about completely ignoring the market, but having the understanding of why you started that investment journey in the first place and not allowing every single short term price swing to dictate your next decision.