What's the Most You've Risked in Crypto?

[bee]

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

Those are investment numbers for me, not going to spend them on trades. If you do with those numbers, maybe you'll get some sort of loyal trader badge from the exchange. But you shouldn't need to do this if it is all your crypto assets.

Maybe for one of those trading competitions, I know Binance had a pretty intense one last year.

I have not participated in any trading competitions anywhere in the last few years for psychological health reasons. It just forces me to trade more frequently and with more funds because I have to beat other participants.

[yhiaali3]

It is certain that there are some people here who own one or more Bitcoins, but do not expect any of them to tell you that because these matters are very private and may not be disclosed for security and privacy reasons.

Anyway, everyone here has their own journey with Bitcoin and cryptocurrencies, and during this journey we got a lot of good and bad things. Personally, during my journey there were a lot of good profits at some times and at other times I had tough losses. This is the nature of life. It's like... Bitcoin charts once at the top and once at the bottom.

[TomPluz]

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? 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.

For sure, there can be some members of this forum that secretly hold more than 1 BTC and of course, we could not expect them to be telling us here as that can be a security risk. Now, I am not now into crypto trading as I am not yet comfortable with possible risks involved...meaning I am not yet equipped to be a good trader. Soon, I might be going into this option because I believe that a good trader has that potential to gain financial indpendence while based anywhere in the world as long as there is an internet connection and power. Trading has a huge learning curve and one must start with some cautious mindset. Right now, there are many opportunities available in the cryptocurrency market and one can definitely choose one that can hopefully work for anyone.

[Jamal Aezaz]

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.

This is a good idea one should not put such a huge amount that he has to use in something else that is more important to do because for each and every important thing we have to use money for our investment. Bitcoin needs time to show growth in value therefore it is not a good idea to use large amounts that is necessary for something else in life and one should have patience, if possible then he should forget about his Bitcoin investment for a long time in order to get profit during the market pump.

Your decision is suited well because spare money will not put you in thoughts of getting quick profit and you will be capable of utilizing your patience to deal with unfavorable conditions, and one more benefit of using spare money is that you will continue your investment without any stress.

[akeemqaz]

I haven't risked more than $1k in crypto, but I've made more than that. Sometimes, I buy $20 worth of memecoins and wait for a 5x to 10x increase before taking profit. Occasionally, it plays out well, but most of the time, I end up with only $3-5. Lol.
So, what I do now is buy more reliable coins rather than memecoins, but I still never risk up to $1k USD.

[Hamza2424]

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

Buddy, here I'm not sure but as far i know there will be multiple people who own 1+ or eve 10+ if you are more curious you can go to Bitcointalk, where you'll find even 100+ Bitcoin holders. As far as it's in my case, I'm still far from 1 full BTC. Because as a student I cant afford it.

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.

Haha 6 figures, TBH this is my dream in crypto, I'm determined to make it someday, if not this cycle for sure in the coming cycle I'll catch up 6 figures InshAllah.

[Crwth]

I was stupid back then when I just thought and never have really followed any correct things and I just gambled everything in trading especially in futures. I just hope that I have been mature enough and have understood the possible consequences if I lost it. Eventually, I did lose a lot, especially now with Bitcoin value.

I just hope that I just HODL it.

[Cantsay]

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

This is a very sensitive question for some people and I’m sure that many people who have up to that amount or more will not be willing to tell you.

I don’t know about att but back in Bitcointalk I knew lots of members that had more than a full bitcoin in their holdings, some started mining for a long time and have managed to get their stash full and some made it from Bitcointalk signature.

[Roseline492]

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.

Actually even as we talk about how good it is to invest on Bitcoin but we shouldn't invest the money that would affect us on the process, so I totally agree with you on that because one of the reasons why most people get into trouble is because they failed to realize when they are aggressively investing on Bitcoin, as such that it becomes very difficult for them to hold.

Though in terms of investing a fixed amount is totally depends on the capacity of the investor because for those that uses the DCA method often have a budgeted amounts which they invest either on weekly basis or monthly basis since the person can use any amount on DCA, though that's actually the method I normally use with a fixed amount which I normally use on weekly basis though the amount is not much since is almost on a regular basis so that I can be able to maintain it.

[snowpega]

<snip>

Buddy when you jump into the crypto space, the very first thing that should need to remember all the time when you are in the crypto industry is risk management. If you are ignoring this part then it is so obvious that you are the one who is standing at the edge of the deep sea. This is what i think you should understand it from your point of views as well after making some research or reading many useful replies of this thread.

Besides this, if you are investing anywhere in the crypto field, so never invest all of your amounts in the same project. Diversify/divide your amount into different good projects so that your risk can be reduced over your investment. Investing in altcoin is a very picky part and good research is required. Try to invest in only good projects I mean, those projects that have a good/strong community, and strong ecosystem as well. DYOR! Many Thanks!

[LogitechMouse]

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

I believe there are some who are silently holding 1 whole Bitcoin here in the forum, and as for me, that's one of my dreams, but I'm pretty sure that my dream will forever be a dream, and will never be a reality.

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.

No comment about trading. I'm one of those traders out there who failed to make profit off of it. I started, stopped because I lost and that cycle happened 3 times. Ending was, I lost all of my money.

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 didn't freak out because I only put a small amount on it.

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?

Comfort level? When it comes to investment, none and in trading? Nahhh I already forget trading because I'm a failed one on it.

[bitterguy28]

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

I believe there are some who are silently holding 1 whole Bitcoin here in the forum, and as for me, that's one of my dreams, but I'm pretty sure that my dream will forever be a dream, and will never be a reality.

being aware is a good thing but you should not just stop there

dream high but never stop dreaming your dreams have no deadline so as long as you live try to find ways to make your life better and for you to achieve your dreams

No comment about trading. I'm one of those traders out there who failed to make profit off of it. I started, stopped because I lost and that cycle happened 3 times. Ending was, I lost all of my money.

three times? did you at least learn from the first and second time? it is normal to make mistakes but you have to learn from it

but i guess trading is not exactly for you, there are still other ways for you to earn from crypto

[bayu7adi]

What I risk for cryptocurrency is 30%-40% of the total assets I own, including assets in the bank... then, I also spend time every day at least 20% of my total productive time, I spend it to care for the cryptocurrency I have... the rest I still depend on in real life like other people, who work and earn a living for the family.

cryptocurrency may not be my priority, but I will always defend cryptocurrency because it has helped my economy for more than 5 years.

[joniboini]

My biggest trade is around $1k a few years ago, which unfortunately didn't pay off because I enter at the wrong time. I still regret it but luckily I used the money that I can afford to lose, so my life is not affected that much. I started being more conservative with my risk after that though, trying to lower my exposure to leverage or other risky trades where I can lost more than $300 or more from a single order.

I've been doing DCA after that to accumulate sats, and I can say that it suit my profile perfectly. Managed to sell some for profit a few months ago while still having a decent stash, so it's good. I think experience plays a big part on how eager you're with making risky trades.

[Kemarit]

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?

At one time I did trading like $1,000 in one sitting, those where my early days trying to get my hands on this trading and trying to make money. However, it's not that easy if you don't have the experience. The thing is that I didn't lose all that money, but at the same time, my profits is not that big.

That's why I will always say that trading is not for everyone. Specially if you have don't like the risk involved, like having 5 or 6 figures trading at one time and then losing everything in one go.