Hope for the best, but expect the worse!

[el kaka22]

This must be a good slogan for bitcoin. We keep getting good results and making money, but we also keep getting lower as well in the price and bear market happens. We see people getting richer, but we see people getting poorer as well, both of those could happen in crypto and it is going to be very tough, it is not an easy thing to do at all.

We cannot consider this volatility as the worse thing in bitcoin ecosystem, we are talking about something that is dangerous to play with in the end, but if you learn how to make use of volatile nature of bitcoin for your benefits, then you may get the best of best. I think we should be considering this that easy, it is not going to happen that easily and we should have some hard time if we fail to do anything good. Just focus on holding as much as you can, but get your stop loss ready just in case as well, this way you can hold and profit, but if things get out of hand, you will be at least getting out at the right time as well.

[Mahanton]

Oh yeah, it's essential to balance both expectations as it can help the trader make informed decisions before taking on any trade. Excessive hopes and assurance on traders about their trade's has liquidated many that some even blow up their account in a twinkle of an eye on a single trade they deliberately refused to set up a stop loss for.

I'm trading you can't be too sure, even when all indicators are pointing an upwards trend you've to still going in cautiously with the inner mindset that it could go wrong, that's why it's called prediction market.

Trading is highly risky and unpredictable, so even if you are confident to trade because of your capabilities and skills, still expect that your success won’t be 100% guaranteed one. There are still uncontrolled market swings  that will suddenly hit your trades, and with that, you become less control of your trading success. Just trade when there are high probabilities of trading success, but never expect too much that everything will go along your direction positively.

Losses cannot be separated from trading or in other words, risk will always be present in every trade we make, even as you said even though we follow where the trend is moving, we will always have the risk of getting a loss. If we are not ready for such risks, then it is better for us to avoid trading. Thinking about profit alone in trading is not wise at all, because when we lose, there will be emotions that will affect us, that is actually what makes trading unhealthy. We cannot always make a profit, there will be times when we will feel a loss. Even traders who are considered professional will still experience losses in the trades they make.

True, every trader will certainly never be completely free from the fierce fluctuations that occur in the market, we cannot be completely free but with risk management and caution we will be a little more protected, or will not experience unwanted things too often such as significant losses. Logically trading will never be said to be a risky activity if a trader can completely avoid the risk, so of course if you want to get involved in the world of trading then the main thing you must understand is to realize that this is a risky activity and also another thing you must have is the ability to be open-minded when experiencing losses.

Because as you said that if we do not have the ability to accept risks then emotions are something that will definitely dominate a trader and when emotions dominate then it is clear that various aggressive actions are very possible for them to do, and usually this is the cause of a trader ending up bankrupt.

On the moment that you would really be dealing up with trading then it would really be just that normal that you should really be that accepting or be wary about market volatility because this is something which is really that inevitable. This is why its important to have these realizations first before trying out to deal with this volatile space. Never ever make yourself that too positive or you would really be that in a hurry on making profits
because this market isnt something that so simple or easy for  you to make profits. Always follow up your plans and analysis that had been made. Dont make  yourself too rush on making up decisions because we know that once you would really be that in a rush decisions or being that too optimistic about positive results then better have not, sooner or later you would be able to realize things along the way.

It is really that important that you should really know on what are the things that you would really be that dealing with and since we are talking about market volatility then this isnt something that simple
or someone could easily deal up with. Learnings would really be a never ending thing, as you do go ahead then you do gain up such experience and would really be able to become much better trader than on
yesterday. It would really be just that matters on how well you do consider out  yourself on handling with this volatile space. Just make it sure that you do have that realistic approach as always.
Dont make yourself delusional then its likely that you would bust up yourself that hard towards this market.

[betswift]

This must be a good slogan for bitcoin. We keep getting good results and making money, but we also keep getting lower as well in the price and bear market happens. We see people getting richer, but we see people getting poorer as well, both of those could happen in crypto and it is going to be very tough, it is not an easy thing to do at all.

We cannot consider this volatility as the worse thing in bitcoin ecosystem, we are talking about something that is dangerous to play with in the end, but if you learn how to make use of volatile nature of bitcoin for your benefits, then you may get the best of best. I think we should be considering this that easy, it is not going to happen that easily and we should have some hard time if we fail to do anything good. Just focus on holding as much as you can, but get your stop loss ready just in case as well, this way you can hold and profit, but if things get out of hand, you will be at least getting out at the right time as well.

Volatility is both a blessing and a curse, really. In any coin, but to a different extent.
Its effects can be mitigated a bit by using DCA and other methods (that's just the main one, in my opinion), but you should still stay responsible while doing anything on the market.

[Dr.Osh]

Well, the fact is that many people expect the best, but are not prepared for the worst. Because of this, many people are disappointed with trading. However, they sometimes think that the money they have can increase many times in a short time, but forget about the risks. After they get a loss, they will feel very disappointed, and may think negatively about trading.

[pusaka]

Losses cannot be separated from trading or in other words, risk will always be present in every trade we make, even as you said even though we follow where the trend is moving, we will always have the risk of getting a loss. If we are not ready for such risks, then it is better for us to avoid trading. Thinking about profit alone in trading is not wise at all, because when we lose, there will be emotions that will affect us, that is actually what makes trading unhealthy. We cannot always make a profit, there will be times when we will feel a loss. Even traders who are considered professional will still experience losses in the trades they make.

True, every trader will certainly never be completely free from the fierce fluctuations that occur in the market, we cannot be completely free but with risk management and caution we will be a little more protected, or will not experience unwanted things too often such as significant losses. Logically trading will never be said to be a risky activity if a trader can completely avoid the risk, so of course if you want to get involved in the world of trading then the main thing you must understand is to realize that this is a risky activity and also another thing you must have is the ability to be open-minded when experiencing losses.

Because as you said that if we do not have the ability to accept risks then emotions are something that will definitely dominate a trader and when emotions dominate then it is clear that various aggressive actions are very possible for them to do, and usually this is the cause of a trader ending up bankrupt.

Even for me before we learn about trading further, we must understand the risks involved in trading. because I see almost always someone who is interested in trading they will ask about the benefits they get, they do not ask about the risks but they ask whether it is very profitable or not. This mindset must be straightened out first, because when one wrong step is taken, it will have a big impact. It is our job to be able to direct them beginners to provide better education, not intending to preach, but it is not wrong and in fact I think it is very good when sharing knowledge with others, especially with people who really need the knowledge. I personally will feel useful if I am able to share my experiences with others, even if it is just a simple experience or knowledge.

[nara1892]

True, every trader will certainly never be completely free from the fierce fluctuations that occur in the market, we cannot be completely free but with risk management and caution we will be a little more protected, or will not experience unwanted things too often such as significant losses. Logically trading will never be said to be a risky activity if a trader can completely avoid the risk, so of course if you want to get involved in the world of trading then the main thing you must understand is to realize that this is a risky activity and also another thing you must have is the ability to be open-minded when experiencing losses.

Because as you said that if we do not have the ability to accept risks then emotions are something that will definitely dominate a trader and when emotions dominate then it is clear that various aggressive actions are very possible for them to do, and usually this is the cause of a trader ending up bankrupt.

On the moment that you would really be dealing up with trading then it would really be just that normal that you should really be that accepting or be wary about market volatility because this is something which is really that inevitable. This is why its important to have these realizations first before trying out to deal with this volatile space. Never ever make yourself that too positive or you would really be that in a hurry on making profits
because this market isnt something that so simple or easy for  you to make profits. Always follow up your plans and analysis that had been made. Dont make  yourself too rush on making up decisions because we know that once you would really be that in a rush decisions or being that too optimistic about positive results then better have not, sooner or later you would be able to realize things along the way.

It is really that important that you should really know on what are the things that you would really be that dealing with and since we are talking about market volatility then this isnt something that simple
or someone could easily deal up with. Learnings would really be a never ending thing, as you do go ahead then you do gain up such experience and would really be able to become much better trader than on
yesterday. It would really be just that matters on how well you do consider out  yourself on handling with this volatile space. Just make it sure that you do have that realistic approach as always.
Dont make yourself delusional then its likely that you would bust up yourself that hard towards this market.

I think I will simplify everything further that the point is we have to know about the positive and negative sides of an activity that we find before we finally get involved more deeply, because in the end regret will always be a certainty.

In most cases I see that traders who end up failing are those who are fomo, or who don't want to miss out on something that is being done by other people, and that is one of the triggers for involvement without being based on the right understanding, and also other triggers are not infrequently people who are experiencing financial problems who force themselves to get involved by bringing high hopes and beliefs that trading is an activity that can solve the financial problems they are experiencing

[GbitG]

Well, the fact is that many people expect the best, but are not prepared for the worst. Because of this, many people are disappointed with trading. However, they sometimes think that the money they have can increase many times in a short time, but forget about the risks. After they get a loss, they will feel very disappointed, and may think negatively about trading.

Yeah, absolutely right.
In the trading department, most of the people get disappointed   and get so scared that they don't even think of trading. All this is due to a lack of knowledge and confidence. And that's why they have negative thoughts about trading, although the reality is not like that. The first subjective topic that is taught in the trading department is emotional sway. It means that trading should not be done from an emotional perspective it has a bad effect, but many traders do not take it seriously and when they get a loss, they get discouraged.
 
 
Every user should know these rules before trading:

✔ Risk management
✔ Always followed the trend
✔ Always go with Market Direction Don't go against the sentiment.
✔ You have to take trade when market conditions are in your favor
✔ A trading plan should be made under a strategy
✔ Use of stop loss is essential.
 
By following these rules, you can become a successful trader instead of demoralizing from trading.  

[Findingnemo]

Be prepared for the loss is different from always expect the loss, and this is definitely not the right mindset to go in while you're into trading. You should always stay ahead and loss is inevitable but it doesn't mean you always expect that cause no one is going to be excited when they lose and it's not gambling even though there's lots of resemblance to it.

When you gamble always expect the loss that make the wins exciting but trading should be considered as seriously.

[yudi09]

Anytime you trade always be self prepared for losses, but at the same time keep your hopes high for  positive results.

Risk should be thought of before and after. Then controlling emotions is also the first thing to think about before making a decision rather than regretting after receiving the results.
Trading requires more than enough knowledge because trading is only profit and loss. Loss is something that is certain but profit depends on the practice that we will do.
Good preparation is needed. Without knowledge and all the capital required will be in vain.

[Mahanton]

True, every trader will certainly never be completely free from the fierce fluctuations that occur in the market, we cannot be completely free but with risk management and caution we will be a little more protected, or will not experience unwanted things too often such as significant losses. Logically trading will never be said to be a risky activity if a trader can completely avoid the risk, so of course if you want to get involved in the world of trading then the main thing you must understand is to realize that this is a risky activity and also another thing you must have is the ability to be open-minded when experiencing losses.

Because as you said that if we do not have the ability to accept risks then emotions are something that will definitely dominate a trader and when emotions dominate then it is clear that various aggressive actions are very possible for them to do, and usually this is the cause of a trader ending up bankrupt.

On the moment that you would really be dealing up with trading then it would really be just that normal that you should really be that accepting or be wary about market volatility because this is something which is really that inevitable. This is why its important to have these realizations first before trying out to deal with this volatile space. Never ever make yourself that too positive or you would really be that in a hurry on making profits
because this market isnt something that so simple or easy for  you to make profits. Always follow up your plans and analysis that had been made. Dont make  yourself too rush on making up decisions because we know that once you would really be that in a rush decisions or being that too optimistic about positive results then better have not, sooner or later you would be able to realize things along the way.

It is really that important that you should really know on what are the things that you would really be that dealing with and since we are talking about market volatility then this isnt something that simple
or someone could easily deal up with. Learnings would really be a never ending thing, as you do go ahead then you do gain up such experience and would really be able to become much better trader than on
yesterday. It would really be just that matters on how well you do consider out  yourself on handling with this volatile space. Just make it sure that you do have that realistic approach as always.
Dont make yourself delusional then its likely that you would bust up yourself that hard towards this market.

I think I will simplify everything further that the point is we have to know about the positive and negative sides of an activity that we find before we finally get involved more deeply, because in the end regret will always be a certainty.

In most cases I see that traders who end up failing are those who are fomo, or who don't want to miss out on something that is being done by other people, and that is one of the triggers for involvement without being based on the right understanding, and also other triggers are not infrequently people who are experiencing financial problems who force themselves to get involved by bringing high hopes and beliefs that trading is an activity that can solve the financial problems they are experiencing

On the moment that you would really be making yourself that getting Fomo'ed or really that having those emotions which cant be controlled then you are really that prone into tons of mistakes.
We do know that it is really just that normal that we will really be having some huge problems when we are really just that starting since we dont have that knowledge and experience so it will really be that normal
that mistakes could really be committed. The important thing on here is that you do make yourself that be able to adapt on whatever the things that you are really that getting involved into.
You cant really just that make yourself that successful without taking up such risks and this is why its really that important that you do really know on what you are dealing with.

Expect the unexpected as always because the market is really that something that you cant be able to know on where it would really be going. As a trader then you should really be that versatile as much as possible.
We do know that if you wont really be taking risks and minding about the possibilities that could happen then you would really be definitely get shocked if you wont be that prepared.
It will really be that important that you should really be that wary on the things on whats happening around because you do really know on what you are really that doing.

[rhodelmabanal]

>>this is a kind of proverbial statement , which highlights different aspects of life too other than trading.
But in trading and as a trader it's helps you be a bit rational and less irrational in decision making, rather than being emotional when you have losses in trading, you should actually see it as something that's always meant to happen. Its like a learning process that never ends.
Anytime you trade always be self prepared for losses, but at the same time keep your hopes high for  positive results.

Well as a trader we need to expect the unexpected because not everything will happen according to what we plan and sometimes we loss, not every day we earn so we also need to prepare our self for the possibility. You are right hope for the best and expect the possible worst when we loss.

[uswa56]

Anytime you trade always be self prepared for losses, but at the same time keep your hopes high for  positive results.

Risk should be thought of before and after. Then controlling emotions is also the first thing to think about before making a decision rather than regretting after receiving the results.
Trading requires more than enough knowledge because trading is only profit and loss. Loss is something that is certain but profit depends on the practice that we will do.
Good preparation is needed. Without knowledge and all the capital required will be in vain.

Preparing ourselves for the risks that we will face is of course very important and also we must be able to find the right solution when facing risks in trading, because without understanding the risks that we will face it it is very unlikely that we will be able to minimize the risks that we may face in trading.
When deciding something in trading, of course, it is very important not to be in an emotional state, because it is very unlikely that a person will be able to make the right decision in an emotional state, so it is very important to be able to control emotions when trading.
You are right, in trading there are only two possibilities that we will accept if we cannot make a profit then we will lose money on the trade we do, so it is very important for anyone to have good knowledge and skills about trading so as not to lose their money when trading.

[Antotena]

>>this is a kind of proverbial statement , which highlights different aspects of life too other than trading.
But in trading and as a trader it's helps you be a bit rational and less irrational in decision making, rather than being emotional when you have losses in trading, you should actually see it as something that's always meant to happen. Its like a learning process that never ends.
Anytime you trade always be self prepared for losses, but at the same time keep your hopes high for  positive results.

Some people prepare for the worse and still profit from the situation. I mean have you seen traders that flip market when thier direction isn't longer favorable. There is this guy I was following, he recommended us to buy fetch one time and was following him to scalp some altcoins, at some point he recommend we sell everything and I did and he short some of those altcoin, it was a risky move but he is now in profit. Some positions are now closed in profit and some are still open.

Crypto market is dynamic but when you see that your direction is not longer feasible. Change the direction but it has to be done moderately. Don't over leverage your position unless you are ready to lose all your money. 2-3x leverage is very moderate and easy to manage incase of liquidation hunt by bears and bulls.

[AYOBA]

>>this is a kind of proverbial statement , which highlights different aspects of life too other than trading.
But in trading and as a trader it's helps you be a bit rational and less irrational in decision making, rather than being emotional when you have losses in trading, you should actually see it as something that's always meant to happen. Its like a learning process that never ends.
Anytime you trade always be self prepared for losses, but at the same time keep your hopes high for  positive results.

A trade deserves several things that anyone who is ready to introduce himself into trade should get before rather than introduce and later end up losing at any times you trade. The first thing is that you should have patience and don’t be much emotional, if not, whatever a person comes to do in this life can never go well; secondly you need to seek out knowledge and achieve a lot of key points of the trading to prevent you from losing too much of your money when ever you trade.

Proverbs prove that leaning is a continuing sentence. If you want to become an expert in trading, the best thing to do is for you to keep seeking for a knowledge together with research. We all know where there’s gained, there will also be losses. It's also like gambling; not everything you predict can be your outcome, but when we've got little knowledge about the trading, the losses will be limited.

[Gladitorcomeback]

Proverbs prove that leaning is a continuing sentence. If you want to become an expert in trading, the best thing to do is for you to keep seeking for a knowledge together with research. We all know where there’s gained, there will also be losses. It's also like gambling; not everything you predict can be your outcome, but when we've got little knowledge about the trading, the losses will be limited.

I agree with one point and disagree with the other. Learning indeed is a continuous process and no matter what we are doing, even trading, we can always learn something new. There can be no one who can say they know everything, one can be an expert but they will always have room for improvement. Losses in trading are inevitable and even expert traders can lose sometimes, but as I said, when they lose, they learn from those losses because there is always room for improvement.

I disagree that it's like gambling because it is not. Knowledge doesn't have much value when it comes to gambling because you can't apply knowledge or skills and win more in gambling, it's all about luck there but it's not the same in trading. In trading, the more knowledge you have, the higher the chances would be for you to make more profit because you understand the market, you know when to make your trades, when to enter and when to exit the market, and what are favorable risk-management techniques, etc.

[South Park]

>>this is a kind of proverbial statement , which highlights different aspects of life too other than trading.
But in trading and as a trader it's helps you be a bit rational and less irrational in decision making, rather than being emotional when you have losses in trading, you should actually see it as something that's always meant to happen. Its like a learning process that never ends.
Anytime you trade always be self prepared for losses, but at the same time keep your hopes high for  positive results.

Some people prepare for the worse and still profit from the situation. I mean have you seen traders that flip market when thier direction isn't longer favorable. There is this guy I was following, he recommended us to buy fetch one time and was following him to scalp some altcoins, at some point he recommend we sell everything and I did and he short some of those altcoin, it was a risky move but he is now in profit. Some positions are now closed in profit and some are still open.

Crypto market is dynamic but when you see that your direction is not longer feasible. Change the direction but it has to be done moderately. Don't over leverage your position unless you are ready to lose all your money. 2-3x leverage is very moderate and easy to manage incase of liquidation hunt by bears and bulls.

Traders need to be careful when doing something like this, and this is because if a trader takes such a risky move and they do this because they were in a rush to make profits and they failed to accurately asses why their previous prediction was wrong, then it is entirely possible they could make a mistake yet again and this time it could be very costly, as admitting that you were wrong is already very difficult, but admitting this twice in a row is even more difficult.

[yhiaali3]

Yes, I completely agree with this saying: "Hope for the best but expect the worst" Yes, this is a wise phrase that contains a lot of wisdom and education for traders and the strategy that they should always follow.

The trader is always optimistic about the best and the big profits and the rise, but he must always take full precautions and be prepared for the worst that may happen, because we are in a highly volatile crypto market and there are many events and factors that may change suddenly and turn the table and turn the profit into a loss. Therefore, the trader must always be prepared.

[irhact]

Well as a trader we need to expect the unexpected because not everything will happen according to what we plan and sometimes we loss, not every day we earn so we also need to prepare our self for the possibility. You are right hope for the best and expect the possible worst when we loss.

After doing everything correctly in the best way that you can you still need to hope for the best but expect the worst for everything to work exactly as you have predicted as trading is so unpredictable. You can predict the market accurately but it doesn't mean that the market can't go the opposite direction of everything that you have done. As a result of this unexpected behaviour of the market sometimes. that's why we don't have to keep our trades open more than how we planned on keeping it as the market can change direction anything and make all our profits to become a lost. We don't need greed and be satisfied with the little profits we already have.

[puloweh555]

Anytime you trade always be self prepared for losses, but at the same time keep your hopes high for  positive results.

In crypto trading, prices can rise significantly and this is certainly quite tempting for those of us who want to profit from crypto trading. However, behind all that we must also understand that there is an unknown risk of price declines when trading crypto. So I think all traders should understand all of this, that way we will always be prepared if a loss occurs.

That is why in the world of trading we need what is called independent knowledge and analysis so that we can predict the crypto that we want to trade can be held or sold so that we can minimize losses. Sometimes after the crypto price drops, selling is not the right choice, we need to hold it for a certain period of time to be able to make significant profits. That is the use of knowledge and being able to control emotions so as not to panic when the price drops.

[Frankolala]

>>this is a kind of proverbial statement , which highlights different aspects of life too other than trading.
But in trading and as a trader it's helps you be a bit rational and less irrational in decision making, rather than being emotional when you have losses in trading, you should actually see it as something that's always meant to happen. Its like a learning process that never ends.
Anytime you trade always be self prepared for losses, but at the same time keep your hopes high for  positive results.

Yea, since no one can predict the market movement, losses are bound to happen even as a professional trader and that's why one should always use the amount of money that you can afford to lose in order for you to be in control of your emotions when you run at loss.

A new trader needs to practice for him to have experience about the market and improve his knowledge and such people will always run at loss at the beginning till they have figured out a good strategy that works for them to make profit. Just like gambling losing is inevitable so prepare your mind towards it.