Quote from: gunhell16 on April 17, 2025, 09:46:31 AM

Quote from: Oshosondy on April 17, 2025, 08:59:30 AM

I have noticed that people are advised to gamble with 2% of their income while some said the advised amount to be used for gambling should not be more than 1% of their income.

Trading is not gambling but it is very risky also because most traders are also losing. But with small right strategies and patience, losses can be minimized while profit can be achieved. People think the right strategies starts with the percentage of money used for trading from their income

What percentage of someone's income do you think is advised to be used for trading?

Actually the 2% advice is good for my own opinion on that matter. Of course to avoid the so-called addiction. And it is also good that we can practice from the beginning limiting ourselves
in terms of the fund that we will enter into any casino platforms here in cryptocurrency.

But if your income is already ranging from 2000$ every month maybe 2% is a lot, it is better to just do 1% if that is the salary or income of the gambler.
This is just my own perspective and opinion so as not to lead to addiction.

If you really want to make your trading create an impressive profits, you don’t have to stick with 1% or 2% amount of capital. That will only limit your potential profits. But it also depends on how skilled or experienced you are when it comes to trading.

Otherwise, if you are still starting to learn trading process, don’t go all-in, but trade a very small amount. Once you’ve seen progress and development on your outcome, for me that’s the best time to also level up your trading capital.