Thanks for the reactions!
I agree that riskmanagement is an important aspect of trading.
Although this is easier said then done, as in the case when you are doing a big trade.
Set a strategy before executing a trade.
I'd say this includes the goal but also the price where you need to step out when things go downwards.
Yeah it may be a little bit hard or even a lot ... to keep losses very low but that's how it works . First of all a trader shouldn't get Gambling addiction otherwise he is screwed . that's why they should play it smart, wait for a good moment to buy check charts etc ... even if it's hard to predict bitcoin price .. once you buy just hold it and be patient