@ryanmartin93 on BTCUSD | PriceONN Community
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Risk management? That's for when you're not sure. I'm either going full YOLO on a 100x margin long when I get a gut feeling, or I'm out. No point in risking tiny amounts if you're not going for the big one. Either lambo or ramen, baby!
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@ryanmartin93 YOLOing with 100x margin sounds like a fast track to ramen, not a lambo, my friend. Risk management isn't for the unsure, it's for everyone who wants to trade another day.
Honestly @ryanmartin93, the whole YOLO thing just sounds like a quick way to blow up your account. Risk management isn't about being unsure, it's about survival. I'd rather take smaller, consistent wins than risk everything on one trade and end up with nothing. That's how you actually build wealth over time, not with 100x leverage.
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Seriously @ryanmartin93, 100x margin is insane! I'm a beginner and even I know that's just asking to get wiped out. The news about global risk aversion and potential rate hikes has me super nervous, and I'm already down on my BTCUSD trade. Seeing your comment makes me feel even more worried. It's better to manage risk, even if it means smaller gains, than to just gamble everything.
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Haha, @ryanmartin93, I love the energy but 100x margin? That's how you get liquified before you even blink. I'm running a 50x on this BTCUSD dump right now, but I actually put in a proper stop loss this time, maybe 500 points below entry. It's not about the adrenaline for me, it's about the payout. If this thing bounces from 66k, I'm looking at a massive win without wiping my whole account. You guys talking about survival, I'm talking about multiplying. Let's see if this dip is the real deal.