Post
Topic
Board Trading Discussion
Re: RISK and REWARD are not always correlated
by
Twentyonepaylots
on 29/04/2020, 18:36:05 UTC

What does your take in this? How could you apply it in trading cryptocurrencies? Are there any interesting books, articles or an informative video just like what I have mentioned that you might wish to share?

I agree with you because gone are the days when the cliche way work/hustle hard but now it has been change entirely to work/hustle smart. I believe it applies in any aspect of life especially when it has to do with investments, it is not always about taking bigger risk but the best is taking calculated risk. In a market as volatile as cryptocurrency market, taking huge risk is not an healthy choice. Although, alot of people turn billionaire through that approach but still, it isn't worth it.
I doubt there are already books about cryptocurrency trading since trading is a complex stuff and talking about it with a single book is a crap. The market changes constantly, the prices , the trend, the situation it couldn't be on the same book for a thousand of times. The best for knowledge is the internet, simply because the internet has it all.

Taking about the risk and reward, I must agree they don't corelate but when you have the market trend,  you understand the situation, and you know what to happen then surely you'll get what you risked.