How many of yoy invest in crypto just because of thrill or to get a kick ?

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seomaster5

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I was reading the threads in crypto section and one thread caught my attention. He mentioned that $600k position got liquidated. Now this is life changing amount for me and people are loosing this in minutes. So, I fee like some people are into crypto just because of the thrill associated with it. Do you also feel the same ?
 
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If you are doing it for fun and kick, you are a retard. Just my opinion.
 
I would guess that most people involved in crypto are gamblers at heart who love the thrill, but that's not the only reason. Gambling doesn't give much of a thrill unless there is a real chance that you can hit big and cash in a nice sum of money or earn enough consistently to support yourself.
 
Not everybody who trade crypto have gambling mindset, it all about probability rate before trade is being executed for example 50 and 12 Ema crossover is a new trend especially in the daily time frame.

But here is the catch;

The win rate of that strategy might be 60% win rate even if it 1:1 risk to reward ratio you will still be profitable and other technical aspect must be put into consideration as well.

But the question is;
  • How much of your fiat portfolio are you sacrificing for this trade?

  • Are you the kind of person that go all in at once? (1/3 strategy )

  • Do you set stoploss for your trade?

  • Are you very emotional and always get trigger by red candle or probably if trade is going against.

  • Do you over trade?
So many other questions you need to think about before taking a trade.

But One thing is for sure: As long you mange ur risk and your trading psychology is intact.

You might not make huge money like the other so call risk takers but you will stay long enough to enjoy all the fruit.

cheers.
 
same as in a casino, many losers, some winners.
in crypto winners are early players, not retards who buy at the top.

for thrill try poker, shrooms, car racing, whatever.
 
I have invested in a lot of prelaunch coins, just waiting for one of them to explode like doge or shiba
 
I get a good kick out of it
a kick if i made money
a kick if i lost money
 
I have not been investing in crypto as of yet but it's something i am thinking very hard and long about. Maybe in the future. There is some nice profit returns from this kind of venture.
 
Mostly are really stupid ones , that are mostly coming up from rich families and investing in bloody shit money !
 
It's not a stable market yet and I wouldn't invest anything right now.
 
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