Don't be in a Rush

[ajiz138]

It goes hand in hand with the risk, because even though trading can give us profit in the short term, we also risk losing money in a very short time. I think it's comparable and we should know about this and not just look at it from the profit angle.

Well, many people make the wrong move at the beginning, they think that they can get profit in a short time, but they forget and don't even know what kind of risk they are facing.

The majority of people are just thinking about the profit but they don't focus on the reality that its hazards are also very big so they are not ready to accept the loss when the market is down which causes the creation of tension full situations for them.

The probability of both loss and win are the same therefore it is important to make preparation for both win and loss as if we are ignoring any one of these and don't have any plan then risk will be higher so unfortunately we will not find good things from trading.

That's what's really the problem for them, by only thinking about profit they will ignore every risk that exists because they only focus on what they think. If we talk about profit, then everyone will want it, but desires do not always go hand in hand with reality.

Many people actually have to go bankrupt because they rely too much on hope. Hope is not something wrong, but if we ignore other things it is clearly not wise either.

[UNIVERSE]

That's what's really the problem for them, by only thinking about profit they will ignore every risk that exists because they only focus on what they think. If we talk about profit, then everyone will want it, but desires do not always go hand in hand with reality.

Many people actually have to go bankrupt because they rely too much on hope. Hope is not something wrong, but if we ignore other things it is clearly not wise either.

It is a big mistake if there are people who ignore the risks. We must be aware that trading or investing in crypto is high risk. That's why we must be careful and don't do it excessively. Before doing anything, we must ensure our selves that we have enough knowledge. Don't start trading or investing when we still have lack of knowledge.

Expecting much on crypto is no problem as long as it makes sense. The problem is when people expect for something unrealistically. For example if someone wants to be rich in crypto instantly. It is nonsense, crypto doesn't guarantee anything. Being rich or not will fully depend on the way we do the efforts.

[Hamza2424]

This is quite an old topic, and I'm there's a high possibility that I've already made some posts here, but according to the current developments in the market my POV is that we should rush now, TBH this is the last chance in my views from here you won't be able to accumulate any more. Whether it's Bitcoin or any altcoin you are planning to buy. Must rush now but with risk management as nothing is ensured that the market won't drop more from here.

[milewilda]

This is quite an old topic, and I'm there's a high possibility that I've already made some posts here, but according to the current developments in the market my POV is that we should rush now, TBH this is the last chance in my views from here you won't be able to accumulate any more. Whether it's Bitcoin or any altcoin you are planning to buy. Must rush now but with risk management as nothing is ensured that the market won't drop more from here.

Although i do agree into those sentiment or words of yours but putting up some conclusion about on not to drop even more, then this is something that wont really be ever be known by someone.
What if there would be another some nasty correction? Which causes for the price do drop above 50%? For sure you would really be making those sentiments that the market is truly unpredictable.
Somehow on the thing you've said about DCA or buyback chance then this is something on where i do really believe on. on which this would be a sweet spot for you to consider out
on having that buybacks on which its ideal as of this moment.

[bayu7adi]

Expecting much on crypto is no problem as long as it makes sense. The problem is when people expect for something unrealistically. For example if someone wants to be rich in crypto instantly. It is nonsense, crypto doesn't guarantee anything. Being rich or not will fully depend on the way we do the efforts.

Because there are still those who think that buying cheap and selling expensive can be done easily, it makes many people try their luck in the cryptocurrency world. In fact, in practice, this cannot be done easily... it takes a long time to find out the opportunities and potential to do this.. expectations that are already high make some people less wary of cryptocurrency...

As you said, we must remain realistic and not take cryptocurrency for granted...

[milewilda]

Expecting much on crypto is no problem as long as it makes sense. The problem is when people expect for something unrealistically. For example if someone wants to be rich in crypto instantly. It is nonsense, crypto doesn't guarantee anything. Being rich or not will fully depend on the way we do the efforts.

Because there are still those who think that buying cheap and selling expensive can be done easily, it makes many people try their luck in the cryptocurrency world. In fact, in practice, this cannot be done easily... it takes a long time to find out the opportunities and potential to do this.. expectations that are already high make some people less wary of cryptocurrency...

As you said, we must remain realistic and not take cryptocurrency for granted...

Just let them be able to realize those things because it would really be normal that you would be having those initial thoughts about easy on making that buy low sell high thing but on the moment that you would really be doing such actions in the market then it would really be something that makes you think and realize that you are really that having that hard time on guessing on where prices would really be that going. Everything would really be having that timing when it comes on buying or selling. We might be seeing that its easy principle but doing
such action is really that too hard to be done. So it would really be something situational on what are the things that someone would really be doing.

[ajiz138]

That's what's really the problem for them, by only thinking about profit they will ignore every risk that exists because they only focus on what they think. If we talk about profit, then everyone will want it, but desires do not always go hand in hand with reality.

Many people actually have to go bankrupt because they rely too much on hope. Hope is not something wrong, but if we ignore other things it is clearly not wise either.

It is a big mistake if there are people who ignore the risks. We must be aware that trading or investing in crypto is high risk. That's why we must be careful and don't do it excessively. Before doing anything, we must ensure our selves that we have enough knowledge. Don't start trading or investing when we still have lack of knowledge.

Expecting much on crypto is no problem as long as it makes sense. The problem is when people expect for something unrealistically. For example if someone wants to be rich in crypto instantly. It is nonsense, crypto doesn't guarantee anything. Being rich or not will fully depend on the way we do the efforts.

And the efforts we make will take quite a long time for us to feel success. Yes, I do not deny that there are people who can make their lives better in terms of economy, but they do not get it in an instant.

Risk management is something that we must understand well and do not forget that it is also something that we must execute well. It is useless if we understand risk management but we do not apply it.

[debra]

This is quite an old topic, and I'm there's a high possibility that I've already made some posts here, but according to the current developments in the market my POV is that we should rush now, TBH this is the last chance in my views from here you won't be able to accumulate any more. Whether it's Bitcoin or any altcoin you are planning to buy. Must rush now but with risk management as nothing is ensured that the market won't drop more from here.

Yes, it is old topic but it will be always relevant every time. There should be always new people in crypto, they may consider to rush investing/trading or focusing on learning firstly. We have a role to remind them, don't forget to prepare knowledge before investing or trading in crypto.    I agree we can rush now if we realize this is the best time to buy crypto coins. Yes, no one can guarantee there will be no lower price, but I personally think we already passed the lowest price. $49k is very likely as the lowest price of Bitcoin, we can expect the market to increase higher in the next few months.

[Mr. Magkaisa]

This is quite an old topic, and I'm there's a high possibility that I've already made some posts here, but according to the current developments in the market my POV is that we should rush now, TBH this is the last chance in my views from here you won't be able to accumulate any more. Whether it's Bitcoin or any altcoin you are planning to buy. Must rush now but with risk management as nothing is ensured that the market won't drop more from here.

Yes, it is old topic but it will be always relevant every time. There should be always new people in crypto, they may consider to rush investing/trading or focusing on learning firstly. We have a role to remind them, don't forget to prepare knowledge before investing or trading in crypto.    I agree we can rush now if we realize this is the best time to buy crypto coins. Yes, no one can guarantee there will be no lower price, but I personally think we already passed the lowest price. $49k is very likely as the lowest price of Bitcoin, we can expect the market to increase higher in the next few months.

           -    You are right, and we are of the same opinion that 49k may be the lowest price at which Bitcoin can reach this correction that we are currently experiencing in the market that is happening. And I also believe that, in my opinion, it seems possible that Bitcoin's rally in the market will really start in 2–3 months, as some people who gave speculations are also saying.

And there is a lot of expectation here, and no one really knows when it will happen or start; it can take a long time or it can start suddenly one day.
That's how simple it is.

[Jamal Aezaz]

That's what's really the problem for them, by only thinking about profit they will ignore every risk that exists because they only focus on what they think. If we talk about profit, then everyone will want it, but desires do not always go hand in hand with reality.

Many people actually have to go bankrupt because they rely too much on hope. Hope is not something wrong, but if we ignore other things it is clearly not wise either.

People should not focus on one thing but it is necessary to take advantage of upward movement, find strategies that can help to minimize loss and enhance the chance of making revenue as well as a person should grasp the profitable coins during the dumping phase.

There is no one who doesn't want to get success but sometimes their little knowledge and luck does not cooperate with them to get profit. We can make hopes but it is also compulsory that we have to keep the other side in our knowledge and mind too because if we are not ready then due to sudden loss we can lose our hopes so maybe in future we will not be able to repeat such investment no matter it's our own fault or due to fluctuated prices.

[SmartGold01]

That's what's really the problem for them, by only thinking about profit they will ignore every risk that exists because they only focus on what they think. If we talk about profit, then everyone will want it, but desires do not always go hand in hand with reality.

Many people actually have to go bankrupt because they rely too much on hope. Hope is not something wrong, but if we ignore other things it is clearly not wise either.

People should not focus on one thing but it is necessary to take advantage of upward movement, find strategies that can help to minimize loss and enhance the chance of making revenue as well as a person should grasp the profitable coins during the dumping phase.

There is no one who doesn't want to get success but sometimes their little knowledge and luck does not cooperate with them to get profit. We can make hopes but it is also compulsory that we have to keep the other side in our knowledge and mind too because if we are not ready then due to sudden loss we can lose our hopes so maybe in future we will not be able to repeat such investment no matter it's our own fault or due to fluctuated prices.

Is actually difficult to factor out things to make you lose especially when it comes of investment because cryptocurrency are so unreliable apart from bitcoin and even as that the volatility level is still high. Investment in cryptocurrency is very risky that is what most people don't know.

[bayu7adi]

And also no matter the dip , aslong the coin you trading is well known and nice , it would surely recover from that dip and you may endup with good profit if you are patient enough. But if it was future trading, the dip may endup triggering your liquidation and your trading cash may endup liquidated.

And also, as long as we are running in the spot market, our assets will not be 0 even though the assets have dropped by 90% ... that is one of the advantages of spot trading ... it is safe enough to prevent us from financial collapse than futures trading.
By staying longer in the trading market, it will make us have more experience ... making it easier for us to immediately become a professional trader as expected.

Spot trading is always more friendly for beginners, and can still be maximized by professionals.

[dekafee79]

And also no matter the dip , aslong the coin you trading is well known and nice , it would surely recover from that dip and you may endup with good profit if you are patient enough. But if it was future trading, the dip may endup triggering your liquidation and your trading cash may endup liquidated.

And also, as long as we are running in the spot market, our assets will not be 0 even though the assets have dropped by 90% ... that is one of the advantages of spot trading ... it is safe enough to prevent us from financial collapse than futures trading.
By staying longer in the trading market, it will make us have more experience ... making it easier for us to immediately become a professional trader as expected.

Spot trading is always more friendly for beginners, and can still be maximized by professionals.

I also do spot trading, because as a beginner in trading I feel safe and this makes me learn a lot about trading. Currently I am trying to focus on following daily trading, because I have needs that I can support with daily trading. I still do long-term investment but we know, we are waiting for the bullish season to sell it.

[Dr.Bitcoin_Strange]

In trading one needs time to learn about it, is not something to rush the reason a lot of people go into trading and lose a lot is because they rush into trading, they didn't calm down to learn about trading, I know someone that was learning how to trade he was to learn it for 2 months but he didn't complete it he believed he has learnt enough so he started trading and he also started losing he lost a lot of money and that made him to give up, one needs to calm down and learn trading very well.
There are still people that has learnt about trading very well and are doing very well but they still lose, some will lose to the extent that they will give up, however giving up in trading may not be the best I believe the longer you stay in trading the more experience you become, I have a friend that was losing in trading but now his gaining more than his losing the reason is because he is now more experience.

Trading is very difficult and very technical if you are not careful with trading it will make you depressed because of loses, so one don't have to rush trading because if you rush it then it will bring you down.

[doc]

In trading one needs time to learn about it, is not something to rush the reason a lot of people go into trading and lose a lot is because they rush into trading, they didn't calm down to learn about trading, I know someone that was learning how to trade he was to learn it for 2 months but he didn't complete it he believed he has learnt enough so he started trading and he also started losing he lost a lot of money and that made him to give up, one needs to calm down and learn trading very well.
There are still people that has learnt about trading very well and are doing very well but they still lose, some will lose to the extent that they will give up, however giving up in trading may not be the best I believe the longer you stay in trading the more experience you become, I have a friend that was losing in trading but now his gaining more than his losing the reason is because he is now more experience.

Trading is very difficult and very technical if you are not careful with trading it will make you depressed because of loses, so one don't have to rush trading because if you rush it then it will bring you down.

In trading, you need to focus on doing research and understanding the character of each coin that we choose to trade. Trading seems easy, but if we have entered it, it is not as easy as we imagine, because it requires experience and expertise in making technical and fundamental analysis. Many people are successful in trading, but it takes a long time to become a professional trader.