Quote from: bitcon on October 19, 2020, 08:23:53 PM

Quote from: sambuddha on October 16, 2020, 10:59:29 AM

Quote from: anume123 on October 15, 2020, 11:51:58 AM

That's a good advice also make them research for stop loss in big profits lot of them getting bad in crypto if they loss some money. It's better to make a good plan for making a choice to avoid such as big loss.

Trading is a risky business but no more so than any other investment. If a trader imposes strict money management on himself, it is impossible for him to lose all of his capital. What makes trading dangerous is the way traders perceive the financial markets. We get rich or we lose everything! That's not true! If you scrupulously respect money management rules, trading is no riskier than investing in buildings. I really love trading, and I wish everyone success)) Cool

Naturally, any business cannot be riskless. However, when it comes to cryptocurrencies, the risk grade is very high. First of all, the person can lose a lot through the lack of the knowledge of crypto and choosing the hype projects. I recommend newbies to deal with BTC and alts that live at least 2-4 years.

Almost business have risk when you wrong or correct way because we can't prediction how to less from loss, I think just few people do not wanna get risk will not success anymore trade or become seller. For trading maybe have technical when time for buying and for selling, if you not know when bitcoin or altcoin will correction you will miss opportunity to get profit with bitcoin or altcoin trading. Not all technical will be true and running as we want, some time bitcoin could down after with bad impact news like global crisis, political announcement and many bad news can make our trading assets risk.