Post
Topic
Board Trading Discussion
Re: you need to overcome your fear of losing money
by
n0ne
on 17/12/2016, 11:02:38 UTC
Actually, losing is a part to every decision we make and nobody want to try this or nobody wants to lose money. And when it comes to investing, the fact that this is a possibility has unfortunately, turned a lot of people off and  made them choose not to invest at all. I used to be like that, too. I was strong believer that when it comes to my hard-earned money, "its better to be safe than sorry."
Sometimes we need to take risks, as long as the risk is a calculated one then there is not need to avoid it, every time you drive you are in risk of crashing, but since you take the precautions necessary you reduce that risk at a minimum, the risk is still there but is now a lot more manageable.

Every trade has got risks, importantly there is no need to fear of losing because price fluctuation is quite normal with bitcoin. This surely gives you better profit if you can hold the bitcoin for a long time if price variation doesn't happen equal to the profit that's been targeted.