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Author Topic: What's the Most You've Risked in Crypto?  (Read 10661 times)

Offline ajiz138

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Re: What's the Most You've Risked in Crypto?
« Reply #45 on: July 27, 2024, 03:35:10 PM »
So, one who can not beat the risk associated with trading the futures market should just focus on the spot market alone, which is not just easier to trade on, but much safer compared to futures.
Most times I feels like also trying out something different from spot trading where I could start margin or future trading but going through some contents and post over here get me discouraging although I know I have to put more efforts to study but, it doesn't end there because people whom I seen to be experts in future still yell aloud for their lose then the fear grips me more harder because I can't control it neither be able to take that bold steps to involved myself with other trading. Yes, one must be prepared for future trading before venturing into it otherwise losing is inevitable.
We don't need to be discouraged by what other people say, we should make it a motivation and make it a warning for us to remain careful. If we want to try it then do it, but with the risk that we are ready to bear ourselves.

We also shouldn't be half-hearted when we want to try, we have to be serious. Because if we walk only half-heartedly, we will not be able to bring out all our abilities, even though we actually can.

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Re: What's the Most You've Risked in Crypto?
« Reply #45 on: July 27, 2024, 03:35:10 PM »

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Offline Roseline492

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Re: What's the Most You've Risked in Crypto?
« Reply #46 on: July 27, 2024, 04:01:34 PM »
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.

Having a full Bitcoin is not easy to achieve actually, though it all depends on the investors because in as much as getting one full Bitcoin is not easy but there are people who has a large number of Bitcoin on there portfolio, so for me do to my method of accumulation I hardly check to know the exact amount of Bitcoin in my portfolio because I normally use DCA method on a weekly basis.

However I think majority of people who has a large amount of Bitcoin on there portfolio doesn't utilize the DCA method because is a slow and steady strategy so perhaps I believe they normally take advantage of Bitcoin when the price drops and invest a huge amount, however those kind of investment is very nice during the time when Bitcoin was still ranging on $54k.

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Re: What's the Most You've Risked in Crypto?
« Reply #46 on: July 27, 2024, 04:01:34 PM »

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Online SmartGold01

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Re: What's the Most You've Risked in Crypto?
« Reply #47 on: July 27, 2024, 04:04:22 PM »
So, one who can not beat the risk associated with trading the futures market should just focus on the spot market alone, which is not just easier to trade on, but much safer compared to futures.
Most times I feels like also trying out something different from spot trading where I could start margin or future trading but going through some contents and post over here get me discouraging although I know I have to put more efforts to study but, it doesn't end there because people whom I seen to be experts in future still yell aloud for their lose then the fear grips me more harder because I can't control it neither be able to take that bold steps to involved myself with other trading. Yes, one must be prepared for future trading before venturing into it otherwise losing is inevitable.
We don't need to be discouraged by what other people say, we should make it a motivation and make it a warning for us to remain careful. If we want to try it then do it, but with the risk that we are ready to bear ourselves.

We also shouldn't be half-hearted when we want to try, we have to be serious. Because if we walk only half-heartedly, we will not be able to bring out all our abilities, even though we actually can.
Well, thank you for the words of encouragement, usually isn't easy if may say because as we know the market is that favorable for newbies or to those who are just trying to jump into it. At some point we might be afraid of what we have never tried out for one day but with believe and trust I mean determination we could excel in it but then we need to deal do away fear because I know is fear that is holding behinds.

Offline snowpega

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Re: What's the Most You've Risked in Crypto?
« Reply #48 on: July 27, 2024, 05:57:02 PM »
of the total assets I own it seems you forgot to read that sentence... and the 30%-40% I mean, is in cryoptocurrency... that's the total of ALTCOIN and BITCOIN...

let's say if I have $300-$400 crypto assets, I still have savings in the bank around $600 for my personal needs...

that's what I risk in cryoptocurrency

ooo I see, now I get your point buddy, very nice! well besides this as you said "Cryptocurrency may not be my priority" but you still defend it that means you are the one who do not depend on the crypto field solely and I honesty respect that as one should do some other jobs, and business as well so that what he/she earned from there then he/she can invest some amount from the jobs he/she earned from.

This way, one has more power of buying opportunity and as funds have available for him/her from different sources like in the form of business/jobs. But dear, I have another question for you, do you buy at any given opportunity of the market? or you just hold what you already have invested? Asking because the amount you have saved in the form of 60%-70% also increases so when your saving increase then you can do some more buying. Besides this, Buddy, you can answer it if you feel free to share it. Many Thanks!  :)
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Online albon

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Re: What's the Most You've Risked in Crypto?
« Reply #49 on: July 27, 2024, 08:10:56 PM »
Want to analyze your point, yes of course there are still many people who only hold Bitcoin. Because they know Bitcoin is the best currency of all time from which you will get very short time patience results.
My idea of ​​trading is a risky illusion that will show you the possibility of profit and force you to trade even after taking repeated losses. It can be a gambling story in your life because here you will try to profit after losing repeatedly. So in a nutshell my step in crypto investing and trading is to buy the best tokens for a short time. And welcome to Bitcoin for a long time.
Aside from all this mentioned you will agree with me that bitcoin is more suitable and less risky than every other coin in the market because if as a newbie you choose bitcoin over shitcoin then your bitcoin investment is somehow safe but you stand a high risk of losing your investment when you put the money away in altcoins.

So for sure when it comes to bitcoin, there is no limit to the risk I can take as long as long as the money is not money meant for something urgent and important, let's say if it is money that I intend to put away for a long period.
Almost new investors like shitcoin and meme coin investment because they think investing 50-100$ can get a lot of tokens. Then if they pump big then a big profit will be made. They are new so can't find the difference between Best token and death token. I always advise a new investor to buy bitcoin. They can be safe with bitcoin and avoid high risk. The best token investments are suddenly available at low prices so everyone should take advantage of that.

Offline Fivestar4everMVP

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Re: What's the Most You've Risked in Crypto?
« Reply #50 on: July 28, 2024, 02:35:13 AM »
So, one who can not beat the risk associated with trading the futures market should just focus on the spot market alone, which is not just easier to trade on, but much safer compared to futures.
Most times I feels like also trying out something different from spot trading where I could start margin or future trading but going through some contents and post over here get me discouraging although I know I have to put more efforts to study but, it doesn't end there because people whom I seen to be experts in future still yell aloud for their lose then the fear grips me more harder because I can't control it neither be able to take that bold steps to involved myself with other trading. Yes, one must be prepared for future trading before venturing into it otherwise losing is inevitable.
Well, you have to also understand that loses, no matter as hard as it can be or feel sometimes, are just normal part of trading just same way it is with profit, professional traders trade the futures market, cus that is where the money, it's like a high risk and high reward thing, to make good money, you have to take risk, without risk, there is very little to no profit at all, this is what you have to understand.

Spot market is actually a gateway for those who wanna invest in some assets, it's never meant to be used as a tool for trading but those who fear the futures market still do trade on spot, where its pretty harder to profit in that short term, unlike futures where even seconds can bring immense profit, or loss of course, depending on how good you are with the game.
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Offline ajiz138

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Re: What's the Most You've Risked in Crypto?
« Reply #51 on: July 28, 2024, 01:53:39 PM »
We don't need to be discouraged by what other people say, we should make it a motivation and make it a warning for us to remain careful. If we want to try it then do it, but with the risk that we are ready to bear ourselves.

We also shouldn't be half-hearted when we want to try, we have to be serious. Because if we walk only half-heartedly, we will not be able to bring out all our abilities, even though we actually can.
Well, thank you for the words of encouragement, usually isn't easy if may say because as we know the market is that favorable for newbies or to those who are just trying to jump into it. At some point we might be afraid of what we have never tried out for one day but with believe and trust I mean determination we could excel in it but then we need to deal do away fear because I know is fear that is holding behinds.
Everything is difficult I will not deny it all, especially if it is fear and others like that which are natural traits that we have, it will clearly be very disturbing for us when we are in the market.

But it will be worse if we do not believe in ourselves, how can we do good things if we do not believe in ourselves? Actually I say this not only as a form of motivation for others, but this is motivation for myself.

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Re: What's the Most You've Risked in Crypto?
« Reply #51 on: July 28, 2024, 01:53:39 PM »


Online SmartGold01

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Re: What's the Most You've Risked in Crypto?
« Reply #52 on: July 29, 2024, 12:56:37 PM »
We don't need to be discouraged by what other people say, we should make it a motivation and make it a warning for us to remain careful. If we want to try it then do it, but with the risk that we are ready to bear ourselves.

We also shouldn't be half-hearted when we want to try, we have to be serious. Because if we walk only half-heartedly, we will not be able to bring out all our abilities, even though we actually can.
Well, thank you for the words of encouragement, usually isn't easy if may say because as we know the market is that favorable for newbies or to those who are just trying to jump into it. At some point we might be afraid of what we have never tried out for one day but with believe and trust I mean determination we could excel in it but then we need to deal do away fear because I know is fear that is holding behinds.
Everything is difficult I will not deny it all, especially if it is fear and others like that which are natural traits that we have, it will clearly be very disturbing for us when we are in the market.

But it will be worse if we do not believe in ourselves, how can we do good things if we do not believe in ourselves? Actually I say this not only as a form of motivation for others, but this is motivation for myself.
Usually when people do not know there potentials in life it all happens this way but when they begin to discover what they have and what they know it becomes very easy and common to them excel in life or in the field where they found themselves to be doing. Apparently is one thing that is holding people down and if they can defeat it then is very easier for them to scale through their trading journey.

Offline ajiz138

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Re: What's the Most You've Risked in Crypto?
« Reply #53 on: July 30, 2024, 06:51:50 PM »
Everything is difficult I will not deny it all, especially if it is fear and others like that which are natural traits that we have, it will clearly be very disturbing for us when we are in the market.

But it will be worse if we do not believe in ourselves, how can we do good things if we do not believe in ourselves? Actually I say this not only as a form of motivation for others, but this is motivation for myself.
Usually when people do not know there potentials in life it all happens this way but when they begin to discover what they have and what they know it becomes very easy and common to them excel in life or in the field where they found themselves to be doing. Apparently is one thing that is holding people down and if they can defeat it then is very easier for them to scale through their trading journey.
Yes, this is something that we rarely realize, that we must know what potential we have, so that when we know it, we can develop even better.

Basics like this are what we usually miss, we are too focused on what we want to pursue in the future. In fact, before we can pursue it, we must first know something that is within us. For example, the abilities that we have had since birth or what we often call talents and others that we must work hard for first.

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Re: What's the Most You've Risked in Crypto?
« Reply #54 on: July 30, 2024, 11:42:32 PM »
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.

Having a full Bitcoin is not easy to achieve actually, though it all depends on the investors because in as much as getting one full Bitcoin is not easy but there are people who has a large number of Bitcoin on there portfolio, so for me do to my method of accumulation I hardly check to know the exact amount of Bitcoin in my portfolio because I normally use DCA method on a weekly basis.

However I think majority of people who has a large amount of Bitcoin on there portfolio doesn't utilize the DCA method because is a slow and steady strategy so perhaps I believe they normally take advantage of Bitcoin when the price drops and invest a huge amount, however those kind of investment is very nice during the time when Bitcoin was still ranging on $54k.
Anyone can buy bitcoin with DCA strategy because it is open for all and not for only the poor. I might be rich but have other channels which I put money into before knowing about bitcoin or concluding on buying bitcoin which I don't want to lump sum for some reasons, I can use $1000 to DCA every month for 4 years or more, that doesn't mean that I cannot buy a whole bitcoin.

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Re: What's the Most You've Risked in Crypto?
« Reply #55 on: July 30, 2024, 11:44:07 PM »
I think it was 20k or so, wasn't really for a long time, it was a little more than that actually it was about 25k or whatever. Wasn't all my money, I was part of a project and we had way more than that, but that part was my part and we risked it all and it didn't really pan out much. I think its quite obvious that sometimes projects don't do so well, its all gone now and its quite fairly the most shocked I have been to learn many things during that period. That was the biggest I risked, well we risked as a team much more but that would have been my share, so its really not a nice feeling to remember that lol.

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Re: What's the Most You've Risked in Crypto?
« Reply #56 on: July 31, 2024, 09:53:07 AM »
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.

Having a full Bitcoin is not easy to achieve actually, though it all depends on the investors because in as much as getting one full Bitcoin is not easy but there are people who has a large number of Bitcoin on there portfolio, so for me do to my method of accumulation I hardly check to know the exact amount of Bitcoin in my portfolio because I normally use DCA method on a weekly basis.

However I think majority of people who has a large amount of Bitcoin on there portfolio doesn't utilize the DCA method because is a slow and steady strategy so perhaps I believe they normally take advantage of Bitcoin when the price drops and invest a huge amount, however those kind of investment is very nice during the time when Bitcoin was still ranging on $54k.
Anyone can buy bitcoin with DCA strategy because it is open for all and not for only the poor. I might be rich but have other channels which I put money into before knowing about bitcoin or concluding on buying bitcoin which I don't want to lump sum for some reasons, I can use $1000 to DCA every month for 4 years or more, that doesn't mean that I cannot buy a whole bitcoin.
Definitely the best strategy for investing in this platform is DCA especially for long term holding. A rich or a poor one will get the opportunity to invest regardless of his advantage. It allows an investor to pursue financial benefits so that not only the poor but also a rich person can reap adequate benefits from it. Moreover, investors also folllow DCA to avoid their risk in investment.

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Re: What's the Most You've Risked in Crypto?
« Reply #57 on: July 31, 2024, 09:24:44 PM »
Almost new investors like shitcoin and meme coin investment because they think investing 50-100$ can get a lot of tokens. Then if they pump big then a big profit will be made. They are new so can't find the difference between Best token and death token. I always advise a new investor to buy bitcoin. They can be safe with bitcoin and avoid high risk. The best token investments are suddenly available at low prices so everyone should take advantage of that.

Thoughts like these have put them into risk and all of those who think that they will earn big by investing little in shit coins will lose big because greed always makes a person loser. Actually such things happen rarely that a person invest in shit and new coins and become wealthy quickly but all the time your luck does not co-operate so with huge success there is also a possibility to lose big.

For newcomers a better choice is Bitcoin which will not only give them huge profit but will also play a better role to make them able to enhance their patience as well it will minimize the percentage of loss if they understand well about bitcoin investment.
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Offline |MINER|

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    Topic Starter Search One year Anniversary
Re: What's the Most You've Risked in Crypto?
« Reply #58 on: September 10, 2024, 09:00:18 PM »
I haven't faced any such risk yet.  But it's not like when I won't be.  Beginner Involved in Cryptocurrencies If they always tread carefully, very few people will face the risk.  Most people don't take too much risk while trading and deal with it.  Many people face various risks by investing.  So investors should always know about coins and then invest.  Because many people are victims of scams in investing.  Because except for a certain number of coins, most of them are scams.  In terms of investing, Bitcoin, Ethereum, BNB, Solana, Shiba Inu, Doge are all trustworthy.  Above all, doing every work knowingly and prudently will reduce the possibility of risk a lot

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    Sixth year Anniversary Quick Poster Fifth year Anniversary
Re: What's the Most You've Risked in Crypto?
« Reply #59 on: September 10, 2024, 11:38:59 PM »
Almost new investors like shitcoin and meme coin investment because they think investing 50-100$ can get a lot of tokens. Then if they pump big then a big profit will be made. They are new so can't find the difference between Best token and death token. I always advise a new investor to buy bitcoin. They can be safe with bitcoin and avoid high risk. The best token investments are suddenly available at low prices so everyone should take advantage of that.

Thoughts like these have put them into risk and all of those who think that they will earn big by investing little in shit coins will lose big because greed always makes a person loser. Actually such things happen rarely that a person invest in shit and new coins and become wealthy quickly but all the time your luck does not co-operate so with huge success there is also a possibility to lose big.

For newcomers a better choice is Bitcoin which will not only give them huge profit but will also play a better role to make them able to enhance their patience as well it will minimize the percentage of loss if they understand well about bitcoin investment.
I used to have such thoughts with small capital and investing in shitcoin I will get big profits, it turns out I was wrong. I experienced a lot of losses at that time and I will not return the impression, I will invest in coins that are on the top coins because they are safer, although the profits are not as big as high-risk coins but I want to get sustainable and safe profits. My current choice of coins are bitcoin, ethereum, BNB, solana, XRP and Ton.

 

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