Post
Topic
Board Trading Discussion
Re: there is no word stopping to trade crypto.
by
Bitcotalk
on 11/05/2019, 09:03:19 UTC
No one was born a wise trader. That attribute of wisdom comes with years of learning and tweaking of skill set which must have experienced loss of trades before one got a handle on it. If one is scared of loss one won't have a grip on trading. It's a win or lose situation once it comes to business, trading inclusive. One good thing about cryptocurrency is that no loss is incurred until the crypto is sold. This is unlike forex trading where whether buy or sell one can make losses.
When you are trading with your hard earned money, you will not take such chances, trading must not be complicated if you stick to the basics, buy low and sell high and if you follow those basics, you will never end up in a loss how raw you are when it comes to trading, just use your common sense and have a better understanding of the market situation if you invest money in it.
This only suit for the people who want something from trading but lot of traders have some goal to reach so if they want to make profits without much opportuities then they need to take such risks.It is worth to take as well when the rewards are huge when compared to forex or stock tradings.
Well crypto business (trading or speculation) is keep no doubt an arena of risk. Your invested money is never secure and in vulnerable and prone to so many fluctuations which might be adverse as well. But since there is volatility, a good project is always likely to gain value and hence profits for investors. In a bullish market like this, it would be a mistake if you do not take part in the money making process. Do not miss out the chance to do so.
Hardly any of the crypto enthusiast would miss the chance to invest into these bull markets. Also the investments in any field are always subject to risk so we cannot expect profits each time. There are bad times when peoples do face some loss but in such situations, it always matters to stand firm and re invest to cover most of our loss and run again within profits.

Trading with the decentralized currencies are always much volatile and expecting profits each time would be the first sign of greed. There might be loss or profit and you have to treat the money you invested as a extra money source and also might need to forget about that money.