There are various risk management systems. For trading, it is primarily trading on various exchanges in order to reduce risks and increase profits.
For investing it is best to buy a lot of different coins. No need to invest in just one project.
Topic: How do you manage your risks? - page 15. (Read 25683 times)
It is not easy to manage risks on every aspect. But the main key to managing this is to know everything about it. We cannot make decisions or actions if we don't know anything about something. As for managing risks on crypto, we need to know what should the areas to know and how to be able to be an expert to these areas.
How do I manage risks? I research.
How do I manage risks? I research.
everyone must have made a mistake when investing in Cryptocurrency that is fatal or dangerous. I think the most common risks are when buying Altcoin, trading, and participating in ICO and gift projects.
to return all risks with the greatest possible profit by selling coins that do not have the potential to buy better, be more technical in choosing or analyzing and never despair because everything requires a process if they are serious.
to return all risks with the greatest possible profit by selling coins that do not have the potential to buy better, be more technical in choosing or analyzing and never despair because everything requires a process if they are serious.
First of all, I do not put all my money in one project or coin, because the main rule of risk - management is not to put all eggs in one basket.
Of course the most important rule is not to invest all the money, I trade in the market for about 2 years, and choose about 3-5 percent of the transaction, so safer
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?
I always try not to forget to put stop loss, I watch the Bitcoin chart as it directly affects all altcoins.What is the determining factor for you to sell or buy coins?
How many of you are trading short-term?
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?
I always try not to forget to put stop loss, I watch the Bitcoin chart as it directly affects all altcoins. What is the determining factor for you to sell or buy coins?
How many of you are trading short-term?
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?
The risk that I know is when there is a big project and you don't know whether you will invest on it or not. Knowing the fact that there is a big risk, you gotta try it and test your luck. In this case, its win or lose, get your profit or scammed.
I am holding my coins on different wallets and on different exchanges. It is extremely important because some people are using multiple MEW wallets, but only one exchange. The more you will diversify your funds, the safe it will be for you.
Yes, it is better to have multiple wallets but please it is not good to store coins at exchange wallets. You do not know that this type of wallets might be vulnerable to hijacks and you do not want anyone take your coin holdings so as much as possible store it somewhere else and access it on viewing only not by accessing it often by its private key or seed phrase. There is a high risk for it that your private keys and seed phrase will be compromise.
1. Don't fear to take reasonable risks because they are equivalent to good returns
2. Don't put the whole of your investment in one place. Try and spread your investment, as result risks are also spread across investments
3. If you are a beginner, seek advice from someone that is experienced
4. Personally conduct a careful survey of what you want to take risk on. Does it actually worth it
5. Don't be too greedy to hold investment as if for ever, once you get little returns, sell and invest again, before you know it, those little returns have become bigger.
2. Don't put the whole of your investment in one place. Try and spread your investment, as result risks are also spread across investments
3. If you are a beginner, seek advice from someone that is experienced
4. Personally conduct a careful survey of what you want to take risk on. Does it actually worth it
5. Don't be too greedy to hold investment as if for ever, once you get little returns, sell and invest again, before you know it, those little returns have become bigger.
To manage your risks well, you have to analyze the situation and take extra caution in making a decision. Don't take anything too rush. Think before you act. You have to weigh your options and always choose the one with lesser risk. Keep in mind that crypto is always risky. Its just a matter of minimizing your risks.
Well, I have special strategy.
I have money management implemented in my activity and it seems like I sometimes use margin trading for my deals, but I use small leverage in order not to lose entire amount of investment
I have money management implemented in my activity and it seems like I sometimes use margin trading for my deals, but I use small leverage in order not to lose entire amount of investment
I am holding my coins on different wallets and on different exchanges. It is extremely important because some people are using multiple MEW wallets, but only one exchange. The more you will diversify your funds, the safe it will be for you.
The best time to invest is when the prices is cheap and its has time to increase, that like you know after the market dropped and it's will growth. when you invest in that condition your risk is very less
I have one way how to manage my risk, when getting some altcoin have I bought lower price, I will sell it and cut lost keep trying for selling or trading at other coin and hope could manage may risk at first coin, I will have way how to make our money is safe.
I have quite strict targets for when I will sell coins and I make sure that I always stick to them. The initial aim should be to recover my investment and this can sometimes be achieved by selling enough of the coins to recoup my investment and leave the rest actively running for possible further profits. The other strategy is to wait for an increase of between 20 and 30% and then sell all.
My strategy is always moving according to the situation of the market and it is impossible to make profit always. Every time the situation will not work but we have to find the solutions our selves in the bearish market.
Rule Number 1: never lose money.
Rule Number 2: never forget rule number 1.
Warren Buffet
Rule Number 2: never forget rule number 1.
Warren Buffet
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?
To control your own risks, you need to register the profit that you will sell and the losses that you will close the position immediately before opening the transaction. In that case, everything will go according to plan.
For reducing the risk to minimum , follow the following points:-
1. Never be dependent on a single coin. Always divide your money wisely among four to five coins.
2. If any coin started showing an unusual growth, sell quickly. Don't be greedy.
3. If any coin drops suddenly, no matter how popular and best it is, just sell. Don't be overconfident that it will rise.
1. Never be dependent on a single coin. Always divide your money wisely among four to five coins.
2. If any coin started showing an unusual growth, sell quickly. Don't be greedy.
3. If any coin drops suddenly, no matter how popular and best it is, just sell. Don't be overconfident that it will rise.
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