Quote from: Franctoshi on July 19, 2022, 06:59:05 AM

Quote from: Seaking009 on November 10, 2021, 06:37:03 PM

To what i think on my own view i don't know if i can get more knowledge and understanding to this.
you need to be able to study and know when it’s a right time for you to invest and withdraw your crypto currency. And also remember only invest money you know you can make back even if you lose the money.

Cryptocurrency is a high risk volatile market which literally you can loose all your money in this industry, Therefore there is no escape route or way where you can not loose money or incur loses when it comes to cryptocurrency trading, rather you can only manage your loses in trading Bitcoin or cryptos by using the risk management system where you have to stick or play by the rules which can help you navigate in cryptocurrency trading without having to incur much loses.
Below are measure which you can to take while trading or investing in cryptocurrency in order to be profitable and not blow your account while trading cryptocurrencies.

1. Invest the amount you can afford to loose
2. Do not be greedy
3. Always ensure you Use trading stops and TPs
4. Do not risk more than 2-5% of your funds or high x leverage while doing leverage trading.
5 .Ensure you diversify your crypto holding , that is do not invest in only one crypto project, as Luna crash is a typical example of what could happen to you.

Well that is a good point you have mentioned - invest the amount you can lose.
But in this time - we cannot lose any amount. Also that is correct I have lost a big amount of crypto from wallet and I was literally in no position to lose it.