Quote from: tvplus006 on July 09, 2025, 03:56:15 PM

Quote from: HajiBagi on July 07, 2025, 05:17:15 PM

...To everyone, or newbies who are interested in trading or investing in Bitcoin, know that cryptocurrency is all about risk. The only way to succeed when it comes to crypto is to learn and be patient because when you can’t take risks, that will affect your investment or make you make a wrong decision that will make you lose money and stop you from making profits.

It's wrong that if you don't take risks, you won't make a profit. The risk must be justified, and it is for this reason that risk management must be followed. Otherwise, it will not be a trade, but a casino.

Just like what majority said, no risk, no gain, so if you don’t take a risk, there will be rare chances to gain profits. However, with proper risk management, despite of how risky trading is, you will come to lessen the risk while maximizing the potential profits.

But of course, trading is not just all about risk management, the right attitudes should also go along with it in order for a successful trade, hence being patient and disciplined are always crucial when trading.