Topic: How to manage the risk in investing cryptocurrency? - page 12. (Read 530949 times)
Don't invest all that you have, always think of a back-up, be sure to have a source of income different from crypto. Also it's necessary to choose carefully where to invest.
I recommend to have an accurate plan for everything you do... This may really protect you from the unwanted losses, maybe that's the most important thing in crypto investing.
I don't actually think that we can manage risks here, this sphere is too difficult to control, it's better to relate only to luck...
How to manage risk in investing I think with long-term investment. Because long-term investing in my opinion will reduce the risk. Maybe some people here share my opinion. Because most people who invest in Crypto are for the long term. That's what I think.
People are not alike. If you generate a good and correct plan for investing and then got real profit it means that you are good at currency market operations.
Everything is very risky on this crypto world. There have lot of chance for losses. But if you want to manage some risk in investing into cryptocurrencies then you need to select best and protensial coins before any investment. Also you need to use stop loss every time if you are a short time trader. By following this rulse you can manage you risk. 
When you invest in any crypto coins than you must consider few things which are followings:--
1. Exchanges --- You have to invest in exchange which is famous and high number of members. i.e. Binance, Bittrex, Kucoin hitbtc.
2. Volume --- You will have to consider volume of the crypto coin from which you are going to invest. High volume means there is low risk involved in
particular coin.
3. Short term or long term investment --- I prefer always short term investment because so many uncertainties in long term investment. Short term can
also give you fair amount of profit with less risk.
1. Exchanges --- You have to invest in exchange which is famous and high number of members. i.e. Binance, Bittrex, Kucoin hitbtc.
2. Volume --- You will have to consider volume of the crypto coin from which you are going to invest. High volume means there is low risk involved in
particular coin.
3. Short term or long term investment --- I prefer always short term investment because so many uncertainties in long term investment. Short term can
also give you fair amount of profit with less risk.
The risk in the virtual currency market is the risk of losing some or all of its capital when the investor performs the investment or virtual currency transaction. Identify the risks before conducting a transaction, helping them to know the specific loss rate in each case of investment will be how to, minimum and maximum how to decide the scale of investment, the first time investment, time of investment completion, and other relevant factors.
In every action that you make there's always a risk and you must accept it. But keep on your mind that all of this problem can be done in having a patience in life. Do not rush your self to become successful. Enjoy your self and the adventure on it.
Investing is always a big risks to take but if you are investing in cyrptocurrency is this really a much bigger risk to take. We must all consider the in investing there might be a good and bad side. But we must always believe that risking something is better than doing nothing.
Many ways to manage risk in crypto investment.one of them is to do further research about crypto and be careful how and where you invest. We need to find a risk management strategy, this will help us to be ready to act under unexpected difficulties. more importantly, you need to check projects, teams, software, road maps, communities, and more, so you can see from them whether this project will succeed in the future .
I believe that technical analysis is important. To track the patterns of price and volume of trades to predict what will happen next. This helps to understand when to buy, and when to sell ... Technical analysis is a good risk management tool for volatile investments such as crypto-currencies
The mistake I made while setting out as a novice trader is not learning how to set Stop-loss in case investment goes south which is what happened. Every cryptotrader should take optimum use of Stop-loss on their trade
I always put points to sell and buy in advance. So when the market goes down suddenly when I do not have time to monitor the market, I also need not worry, because I have bid you before. If the market drops sharply than the price I sold. then I will buy back.
There is no guaranteed way to manage risks. Even in the stock market, which is considered more "civilized" than the crypto market, no one can predict anything. It remains only not to make rash decisions based on emotions.
You are right there is really no guarantee in fact there is no one who can ever say that you can sure have profit because it depends on us how much we are willingness we to take the risk. Some people are really aiming for the best but there is always consequence for it so we should need to be sure about how much we are willing to get change for the better and for the sake of our future.
There is no guaranteed way to manage risks. Even in the stock market, which is considered more "civilized" than the crypto market, no one can predict anything. It remains only not to make rash decisions based on emotions.
The risk in the virtual currency market is the risk of losing some or all of its capital when the investor performs the investment or virtual currency transaction. Identify the risks before conducting a transaction, helping them to know the specific loss rate in each case of investment will be how to, minimum and maximum how to decide the scale of investment, the first time investment, time of investment completion, and other relevant factors.
Investment of crypto currency is too risky we all know that, in the first place volatile movement in CRYPTO CURRENCY we know already that before we join into crypto currency world right? and then because of so many big chances to get profit we have to decide and gamble with our capital to invest for them to have a huge income after a few months or year but unfortunately because of not totally the price being stable we are now experiencing a bad result of our investment. STRATEGY, CALM and PATIENCE is the best way to manage the RISK in crypto currency.
Time is important. If you are expecting that Cryptocurrency will be a get rich quick scheme you will likely be sorely disappointed. Just because you saw a currency rise 400% a month ago doesn't mean it will do that again tomorrow, you have to watch the market and that takes time. There are a lot of bitcoin millionaires out there, what made them rich more than anything else was time... They bought bitcoin when it was almost worthless and held it for YEARS until now it is worth thousands a coin. So when buying your coins consider holding them and letting them mature with time before you sell them. Also don't be quick to sell off everything when you see a dip as you can end up losing money when the market swings back.Finally be sure to back up your wallets.
I think what I do to manage or mitigate risks when investing into crypto currency are two things, I diversify my investments into Bitcoins and some alt coins. I have Bitcoin and 2 alt coins that I invest into, Eth and NEO. Second is that I do extensive research and studies before I invest on something. So i know the coins, how it works and its market activity. It helps that you know and understand your coins, the factors that affects its activities and the features of it. These will help you be more calm and patient regardless of the chaos around the market. Helps me feel secure that no matter what it will be okay, my coins and my investments will be okay.
I chose a strong coin to put my investment in
But how can you find out which one is strong? It is too hard to say nowadays, which crypto will survice in future.
I think there are several things you need to do to protect your risks. The first one is diversification. Never hold all the eggs in the same basket. The next thing is to establish your stops to limit your losses.
For me, the best thing to learn is how someone get entry and out, investment is not constant gain and gain. Try to ride on the situation whether it pump or dump. Be updated on the news out side in this forum. Social media is a good source of hype. When you feel and satisfied, then sell and dont be greedy to get more profit.,
Just the word, wisdom,
Just the word, wisdom,
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