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Author Topic: What's the Most You've Risked in Crypto?  (Read 10590 times)

Offline Nothabeast

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What's the Most You've Risked in Crypto?
« on: July 21, 2024, 08:01:37 PM »
Yo buddies, I've been mulling over something lately. I'm curious about how much we're actually putting on the line in this wild crypto world.

Do any of you hold a full Bitcoin, or even more? I'm betting at least one person here does.

And what about trading? Have you ever gone big, like five or six figs  big? Maybe for one of those trading competitions, I know Binance had a pretty intense one last year.

If you have made those big moves, did it freak you out at all? I mean, that's a lot of money to have in play all at once.

I'm not judging either way, just genuinely curious about everyone's experiences. What's your comfort level when it comes to crypto investments & trades?

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What's the Most You've Risked in Crypto?
« on: July 21, 2024, 08:01:37 PM »

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Re: What's the Most You've Risked in Crypto?
« Reply #1 on: July 21, 2024, 08:23:33 PM »
What's your comfort level when it comes to crypto investments & trades?
My comfort level on Crytop is literally satisfied that I could Invest with an affordable amount comfortable to loose but it becomes uncomfortable for me as I aim to accumulate more and that is why I am buying more and holding with a goal of reaching a minimum amount of my Bitcoin.

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Re: What's the Most You've Risked in Crypto?
« Reply #1 on: July 21, 2024, 08:23:33 PM »

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Re: What's the Most You've Risked in Crypto?
« Reply #2 on: July 21, 2024, 09:35:29 PM »
What's your comfort level when it comes to crypto investments & trades?
My comfort level on Crytop is satisfied that I could Invest with an affordable amount comfortable to lose but it becomes uncomfortable for me as I aim to accumulate more and that is why I am buying more and holding to reach a minimum amount of my Bitcoin.
As long as I am investing an amount that I can put away for a long time without having any bad feelings or being in haste to pull them out, I don't buy Bitcoin with an amount that I can't lose, and for sure I don't have a fixed amount in my buying method, what determine my buying power is the amount of money that I have access to as spare cash.

Any level where I am not under pressure is my comfort zone point to hold and continue holding my investment.
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Re: What's the Most You've Risked in Crypto?
« Reply #3 on: July 21, 2024, 10:35:38 PM »
The biggest risk I was taking part was in 2018, when pump and dump were popular. I cant remember the exact altcoins I have traded, as there were many and always random, but I remember I was blindly going all-in into unknown crypto during pump and dumps, that lasted for 10-20 minutes. I could have lost all my money in no time. Back then I remember I have used a mobile for trade, and during laggy binance, it was a double risk.
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Re: What's the Most You've Risked in Crypto?
« Reply #4 on: July 21, 2024, 10:46:40 PM »
Yo buddies, I've been mulling over something lately. I'm curious about how much we're actually putting on the line in this wild crypto world.

Do any of you hold a full Bitcoin, or even more? I'm betting at least one person here does.

And what about trading? Have you ever gone big, like five or six figs  big? Maybe for one of those trading competitions, I know Binance had a pretty intense one last year.

If you have made those big moves, did it freak you out at all? I mean, that's a lot of money to have in play all at once.

I'm not judging either way, just genuinely curious about everyone's experiences. What's your comfort level when it comes to crypto investments & trades?
I don't hold 1 full Bitcoin but my plan is to hold 1 and more but that's not so easy for me. I might be able to buy it when it was around $15k by borrowing money but now it's just out of my hands now. In trading, I did go big, but I did not make a big profit but big loss is what I made. You will be shocked to hear I made around $750 loss by following a crypto influencer. I made mistakes that I regret but I learned from them. I did not participate in any kind of trading competition.

I did freak out when I saw loss and big loss but with time its just got normal for me and now I only freak out when I think about it otherwise I don't. I prefer to invest a lesser amount at first and when I get the feeling that this is the coin I am looking for I go for it and buy some. Risk management is the most underrated part we must focus on.
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Re: What's the Most You've Risked in Crypto?
« Reply #5 on: July 21, 2024, 10:52:17 PM »
Do any of you hold a full Bitcoin, or even more? I'm betting at least one person here does.
Yes, I'm holding Bitcoin, still holding until now and will still maintain to keep holding until I reach the expected target. But, the target that I want may be in several rates, so, this will let me to gain more profits without any regrets anymore like previously failed bullish season target, '

And what about trading? Have you ever gone big, like five or six figs  big? Maybe for one of those trading competitions, I know Binance had a pretty intense one last year.
In second year learning Bitcoin, I got into Future trading on Binance. At that time, I was doing it without any knowledge, only based on trading group signal. And you know what happened? this exactly failed. For, trading signal didn't help much if we also don't have enough knowledge to implement the signal. Trust me, better to prepare yourself with enough knowledge before starting trading, moreover future, it seems like betting.

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Re: What's the Most You've Risked in Crypto?
« Reply #6 on: July 21, 2024, 11:22:57 PM »
not full but trying to have full btc, not everyone can have a large amount of btc in my opinion especially in installments, but if you have confidence you will definitely have full btc in my opinion
Investing in crypto actually has a big risk, that risk, in my opinion, there is definitely a risk of loss
everyone feels this way

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Re: What's the Most You've Risked in Crypto?
« Reply #6 on: July 21, 2024, 11:22:57 PM »


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Re: What's the Most You've Risked in Crypto?
« Reply #7 on: July 21, 2024, 11:30:33 PM »
Do any of you hold a full Bitcoin, or even more? I'm betting at least one person here does.
What do you mean by "holding a full Bitcoin"?
If you mean investing in Bitcoin only, there should be some people who do it. It makes sense if there are people who only want to invest in Bitcoin only, Bitcoin is like the main coin in crypto. So, whatever happens in crypto market, it should be triggered by Bitcoin price trends. So, Bitcoin is the most potential coin for investment.

As long as I am investing an amount that I can put away for a long time without having any bad feelings or being in haste to pull them out, I don't buy Bitcoin with an amount that I can't lose, and for sure I don't have a fixed amount in my buying method, what determine my buying power is the amount of money that I have access to as spare cash.
It is a must that we invest or trade with the amount of money that we afford to lose. Since crypto trading or investment is risky, it is not recommended to use the money that we allocate for main necessities or basic needs. If we use the money for main necessities, it will bring too high pressure and it will become a problem for a long term holding.

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Re: What's the Most You've Risked in Crypto?
« Reply #8 on: July 21, 2024, 11:34:36 PM »
Not many people will be willing to tell you if they hold upto 1BTC or not. 1 BTC is quite alot and is not the target of many people. The world at large is not getting better, inflation is on a rise and it is not many people that are investing. Rather they are striving to survive.

In the case of what we risk in the industry. Many people actually risked more than they can afford to. Maybe because of influence of others or let's call it some newbie mistakes.

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Re: What's the Most You've Risked in Crypto?
« Reply #9 on: July 21, 2024, 11:51:14 PM »
If you talking about comfort level for me is to buy at a cheap price or when you see a red market you are a weird trader if you buy at very expensive and then sell it when it drops that is a part of your emotion that is why for comfort zone always buy them at cheap price just like a week or 2 weeks ago when the price touches around $55k area that is the best comfort level and now you should make any profit these days if you bought it at that level.

Since I am not the same as other traders who have a large amount of capital I am trying to make a good profit with a small amount in futures,  my comfort level is when there is a huge price drop in BTC I am sure other cryptos too will drop when BTC price drop so buying them at a very cheap price is always the best decision because later profit will come just like these days bullish market.
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Re: What's the Most You've Risked in Crypto?
« Reply #10 on: July 22, 2024, 04:45:29 AM »

No one is supposed to share the value of the cryptocurrencies he owns, even if it is as a joke or in an anonymous forum, but I think that the vast majority here have investments of more than $100 in cryptocurrencies and a percentage of the money in their bank account.
The percentage will vary according to many variables. The amount of $10,000 may be considered a fortune in one country and a very small amount in another country.
The amount of risk is determined by your investment strategy, but having up to 30% of your investments in Bitcoin is a good thing.
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Re: What's the Most You've Risked in Crypto?
« Reply #11 on: July 22, 2024, 03:28:06 PM »
Do any of you hold a full Bitcoin, or even more? I'm betting at least one person here does.

Of course, there are people who own 1 BTC and much more than that, especially those who became interested in BTC when it was worth several hundred times less than today. I used to buy BTC when it was only worth about $200, but also I earned my first BTC through faucets, but it was a really long time ago.

And what about trading? Have you ever gone big, like five or six figs  big?
~snip~


I was involved with it for a while, but then the price was quite low and the profits were very small. I concluded that it is better to buy BTC and keep it for the long term, and simply use what came from other sources for payments, because BTC is first of all a cryptocurrency that can be used to buy a lot of things.
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Re: What's the Most You've Risked in Crypto?
« Reply #12 on: July 23, 2024, 10:27:45 PM »
There are a lot of experiences I've had in crypto, about high-risk experiences that happen a lot.
Such as on trading and investing or even buying new project coins in the presale, all of which I have done.

There are indeed many disadvantages, but also many advantages.
Most importantly, I can learn from past mistakes and the money I get is only from crypto and not the result of other jobs.

So even if there are some losses due to trading or anything in crypto, it's already a risk.

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Re: What's the Most You've Risked in Crypto?
« Reply #13 on: July 23, 2024, 10:46:56 PM »
~
The biggest risk has been being careless with my wallet at one point. There was a time when I had just one device where I kept my wallet; most people who knew me had access to it, and that was a big risk at that point.

After realizing the risk of trusting people so much, I got another device and moved all of my private things there for strictly private use, and then I still allowed others access to my other device, which had nothing sensitive.

It is important not to allow public access to any device that has things that are private and sensitive to you.
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Online milewilda

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Re: What's the Most You've Risked in Crypto?
« Reply #14 on: July 23, 2024, 11:08:20 PM »
Yo buddies, I've been mulling over something lately. I'm curious about how much we're actually putting on the line in this wild crypto world.

Do any of you hold a full Bitcoin, or even more? I'm betting at least one person here does.

And what about trading? Have you ever gone big, like five or six figs  big? Maybe for one of those trading competitions, I know Binance had a pretty intense one last year.

If you have made those big moves, did it freak you out at all? I mean, that's a lot of money to have in play all at once.

I'm not judging either way, just genuinely curious about everyone's experiences. What's your comfort level when it comes to crypto investments & trades?
1. Have one Bitcoin? If have been able to held all this time specially into the amount that i have earned or bought then i might be having 10Bitcoins but
sadly all of those things are used or spent.  :'( Its hard to achieve 1 Bitcoin at least in todays price.

2. Doing trading does give out 3 digit profits and since capital is really just that limited then it would really be just that normal because
consistency and sustaining is your main priority on this one.

We do have our own ways and methods on how we do hover ourselves on doing things on which as long we could really be
able to survive then this what matter most.

 

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