Professional traders can still run at loss and lose all the profit that they have made in a single trade is the market turns against them.
Many lose their fortunes by indulging in trade or gambling. Yet they continue to gamble and lose money. Why are they so greedy? Do they not understand that gambling is ruining their lives?
Because they feel that they have made a profit in trading, they continue and never think about how risky it is, so they may experience losses.
Futures trading is similar to gambling, don't do it if you don't want to lose especially if you don't have the skills.
If you want to be safer then it is better to invest, you will not lose as long as you do not sell halfway and accumulate with the DCA method this is one of the best ways to collect bitcoin you will not think harder like trading by investing you will be a little calmer.
Well well well, the only best approach when it comes to Bitcoin is Investing and hodling in a long term view. Again, as I would always say Bitcoin is a valuable asset not a Tradable Coin to make profit off.
If some person really did understand what an Asset means, I believe there thought process would have changed. Trading and gambling isn't the right approach, and mostly those looking for quick profit indulge in it.
A person who buys and sells Bitcoins with the intention of making a profit is essentially exposed to losses. Because the maximum benefit is possible by holding on to Bitcoin, and will depend on the holding period. If you buy dip and hold bitcoin for long time then surely it will reach the peak then if you sell it then surely you will get some more profit. But you should consider the time and situation you hold Bitcoin, and if you follow the DCA method in buying Bitcoin Deep, you will have more success, and the average price of the purchase will be controlled.
Professional traders can still run at loss and lose all the profit that they have made in a single trade is the market turns against them.
Many lose their fortunes by indulging in trade or gambling. Yet they continue to gamble and lose money. Why are they so greedy? Do they not understand that gambling is ruining their lives?
Greed leads people to ruin, so greed should be discarded. If you are too greedy in any field you will definitely lose, and this plays more role in investing. Since the Bitcoin market is highly unpredictable and uncertain, it is normal for the Bitcoin market to be lower or higher at any given time. So one should never be greedy in this difficult situation where you have profit you should suspend and hold the profit, here again if you are greedy to get more profit on this situation you can lose.