Post
Topic
Board Trading Discussion
Re: Minimizing the risk- How much possible it is?
by
Becky666
on 07/02/2020, 06:13:22 UTC
I don't agree with you on the ground that apart from Bitcoin all others are shitcoin. In as much as I strongly believe in Bitcoin I also do believe in coin like ethereum and I don't think it will right for anyone to refer to ethereum as a shitcoin. Although, you were not specific about ethereum.

Practically, you are right because today's market has an answer to this. There are many surge and the most are from the altcoins that we never believed to be called coins. Trading has made me to adopt a method that has potential to handle risk, I mean potential risk. Whenever I trade with altcoins, I usually pick my profit at 2-4%. This is how I possibly minimize my risk.
With the risk present in Bitcoin and the unpredictable volatility movement makes it more hard to earn a profit, what more with the altcoins?  So it is really important to minimize the risk as much as possible there is a chance to get that profit. Whatever convenience you find just to minimize the risk, just take it and you will be grateful of what you choose even if it isn't enough.

Since the bull run started, the profit desired by any trader who can be realizable only if the trader can stick to 2 - 4%. Just for your information, four days ago I made a good profit from livecoin.net with GUIDE tokens, most problems we traders had or have is greediness to take profit. Altcoins have good profits if you can research into a token before heading  for purchase, trading like gambling cannot yield any useful results for any trader.