Topic: How do you manage your risks? - page 14. (Read 25683 times)
I do not recommend trading short because most likely you will be left without money because this is a very controversial idea
Minimizing the risks today is the most important task that should be taken care of by absolutely every person, so it seems to me that the best that can be done is to decentralize your assets on possible projects.
I agree, engaging ourselves on different projects can be great ways to have more potential profit in the future. Managing our risk is through selections of best project which could arise soon in the marketplace and will provide us sustainable gains once we're at trading. The success of every project depends on how we remain supportive until such time launching is completed, so risk can be managed once you're part of growing community of your crypto.
I want to know how you relate the risks to profits?
What is the determining factor for you to sell or buy coins?
How many of you are trading short-term?
What is the determining factor for you to sell or buy coins?
How many of you are trading short-term?
All certainly have risked so we must be able to do the right thing. Trading is fun because every day you can feel the benefits. Trade, of course, must also have the ability, speed of buying or selling at the right time and carefully.
As for me, I spread my investments across most of the highest ranking coins on CMC. This way, I am always certain that at price movements, I stand a huge chance of recovery. Also, I take calculated risks of buying dips at intervals and when there is any reversal, it comes with massive profits. Again, my advice is, always ensure majority of your investments in Crypto is made on bitcoin and Ethereum. These two have the highest likelihood of rebounding at major dips. When that happens, you recoup your investments easier than those made on other cryptocurrencies.
I engage in various activities in order to reduce risks: investing, daily trading, participating in bounty campaigns, engaging in other areas.
I do all of the above and get some money. Daily trading is now the best.
I do all of the above and get some money. Daily trading is now the best.
Minimizing the risks today is the most important task that should be taken care of by absolutely every person, so it seems to me that the best that can be done is to decentralize your assets on possible projects.
What determines my buying price of a coin is my understanding about the value of the project then what determine my selling price is my buying price, If I think a coin I'm holding is currently overvalued I'll sell my coins and buy when I think they are undervalued.
Stick to promising project with proven team members. If it's too good to be true it probably is.
I bought all my coins for the long term, so I can’t say anything about the short-term!
I sell then when all buy and buy then when all sell. this is the main thing
The best way to manage risk is to invest in various coins for the long term.
Also, if you are engaged in daily trading, then trade in various coins, this will also reduce the risks.
Also, if you are engaged in daily trading, then trade in various coins, this will also reduce the risks.
I only invest in proven coins that have already proven themselves in the market. I don’t invest in coins not from the top 20
Cryptocurrency trading is indeed very high risk, but behind the high risk, Cryptocurrency trading is also potentially very high to get a big profit. So inevitably we will definitely experience it, but to minimize large losses, usually I only spend half of my money that I use to trade. and half of me shopping again if suddenly the price of coins drops. so I still have money when the price of a coin really falls.
I do not trade at all in the short term because I believe that this is absolutely a meaningless undertaking and I cannot earn good money on this
I am trying to hold a coin for at least a year. Before I make my investment decision, I spend like several days by researching the project and trying to verify if it is legit or not. I also never invest in every ICO without investigation.
Well, I think it is worth investing in a coin if it has a bullish trend , and if not, then I think you should refrain from investing , I think you should buy when there are signals that the trend has become bullish Am trading short term for coins that do not have much volume of trades. I just do flipping with those, make my gains and move ahead. Good and promising projects I follow for long term, but once I notice any faulting, I sell and take profit.
maybe like that and short-term trading also sees coin movements whether it's possible to sell again or not. if the risk when you sell a low price, you take action to buy more coins that are low in price but have good potential, so that it will be possible to get a chance to rise high. each choice will have risks and we will avoid risks that are likely to occur.
Am trading short term for coins that do not have much volume of trades. I just do flipping with those, make my gains and move ahead. Good and promising projects I follow for long term, but once I notice any faulting, I sell and take profit.
I am trying to hold a coin for at least a year. Before I make my investment decision, I spend like several days by researching the project and trying to verify if it is legit or not. I also never invest in every ICO without investigation.
Managing risk is very difficult, and often diversifying investments can spread risk, but it requires expertise. It may be wrong to buy coins when the cryptocurrency market is sluggish, and buying is the best way when the market has long-term benefits.
Each person sticks to his work strategy. In each case, the appropriate decision must be taken individually, taking into account personal tasks. From my own experience, I was already able to make sure that the most important condition for minimizing risks is the distribution of my investments among different coins.
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