Uncertainty and risk are two closely related concepts. One cannot exist without the other. Trying to get much more by taking risks is also an option, or getting less by walking around safe areas. While I want to be safe most of the time, there are times when I get excited about risk and uncertainty. Such situations become more manageable with time and experience.
I actually like the feeling this uncertainty gives; being spontaneous is my motto and this volatility with uncertainty pumps my hormones. Not sure I'd be able to say that if I invested enormous amount of money into this. However, one should be aware of the risk and payment scales and play it safe as they can. Sorry, not sorry :)
Crypto is a wild ride, you gotta learn to enjoy it. For me it's been a fun learning experience. We're still very early indeed, there's plenty of room to grow and make money.
"We all want clarity. Predictability. Certainty." just impossible in this world, you can even put gold behind your bed and tomorrow can be declared as contaminant element and you lost your money... the only thing we can do is to keep moving on the wave of the moment
This is crypto. This is future. İ think they so much focus on price. Yes price is most important factors in investing. But in blokchain i try to find technology. New technology can change many things.
I've often heard the maxim that trading requires volatility. Unfortunately, uncertainty can often come hand in hand with volatility. One of the allures of the crypto market is that you can see easily see a 20% swing in a day. However, you may be wrong about which way! I think if you can stick to a logical plan and focus on the long term then it's easier to weather the uncertainty and benefit from the volatility.
Uncertainty and risk are two closely related concepts. One cannot exist without the other. Trying to get much more by taking risks is also an option, or getting less by walking around safe areas. While I want to be safe most of the time, there are times when I get excited about risk and uncertainty. Such situations become more manageable with time and experience.
I actually like the feeling this uncertainty gives; being spontaneous is my motto and this volatility with uncertainty pumps my hormones. Not sure I'd be able to say that if I invested enormous amount of money into this. However, one should be aware of the risk and payment scales and play it safe as they can. Sorry, not sorry :)
Crypto is a wild ride, you gotta learn to enjoy it. For me it's been a fun learning experience. We're still very early indeed, there's plenty of room to grow and make money.
"We all want clarity. Predictability. Certainty." just impossible in this world, you can even put gold behind your bed and tomorrow can be declared as contaminant element and you lost your money... the only thing we can do is to keep moving on the wave of the moment
This is crypto. This is future. İ think they so much focus on price. Yes price is most important factors in investing. But in blokchain i try to find technology. New technology can change many things.
I've often heard the maxim that trading requires volatility. Unfortunately, uncertainty can often come hand in hand with volatility. One of the allures of the crypto market is that you can see easily see a 20% swing in a day. However, you may be wrong about which way! I think if you can stick to a logical plan and focus on the long term then it's easier to weather the uncertainty and benefit from the volatility.
There's always a risk, you have to be careful. Thanks for the article.