In fact that keeping on trading recklessly causes such losses in a lot of opportunities in trading. The fact that greed is coming out in these situations where you don't mind how much markup did you put in your trading. It is a major loss when you don't have the first part of the success in trading which is planning which is also applicable in management.



The foolish-luckiest trader could quite do this. Who knows if his/her house were also sold in exchange of his/her own capital that will be used to build up the starting capital in different coins. Seriously, who will do that though? You're depending on the probability instead of securing your own profit. You can still win the trade but the maximum profit you can get varies especially when the market is being ran bear.


A common strategy to avoid such large losses in a single investment. Unless you can predict the price of a coin, then you're good to go burst trading but it is really not advisable to do so as you're being globally competitive in trading.