Loop

Whenever you see a crypto trade how much risk do you take? What determines your risk take? For me it’s by how much I have and how much I am worth, when I am worth $100k the type of risk I take will be different from the type I will take when I am worth $10k or $1k. If you are worth more than you used to be worth, there is a part of you that will want to upgrade your risks to match your net worth so you can make more profit. But on different occasions we have seen that play differently both for the good and for the bad.

When you increase your risk based on your current liquidity, you can be very lucky to have a huge win that will change your life forever where your risk reality will change and be different. But they can also be a different reality where it could go wrong and you are back to where you used to be. This time you will start decreasing your risk like you used to do, just to suit your current liquidity. Then you hit another huge win and the cycle possibly goes like that again or differently.

When things like this happen to you, sometimes you have to quit with the complain and regrets because it didn’t go as planned. It is known that the biggest risk to take and regret are the ones you didn’t take at all because you never know what the result will be if you never took them. Appreciate every risks you take because at some point it gave you hope for a better life and you can never really tell what’s your future if you don’t take actions.