Hello fellas.
I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky.
You as a trader, how did you face the risk in trading in order to lessen the possibility?
You cannot "lessen" risk in trading. The return coming from trade is based on the market risks. Understand those risk and act accordingly. Otherwise do not invest into trading. Once you gain enough experience you can still make mistakes. Its not that every trader makes profits everyday.
Risk will be always at your side if you will go on trading but it was better more than gambling, there will be always a risk and it was high depending on how much coins you invest.
Gambling is a much more risky thing to do. Buying an altcoin though with proper analysis you still have something (shitcoins) to sell in future if you want. Who knows what can go up in future. But in gambling its one click of going all in and its burnout.