How to manage the risk in investing cryptocurrency? - page 58.

Mapalast

jr. member

Activity: 87

Merit: 4

Quote from: illnino on April 27, 2018, 03:22:28 AM

Quote from: hastang on April 25, 2018, 12:29:39 PM

risky investment is in every corner of crypto currency. the mere fact that you enter this kind of business then you should have the idea of losing everything... managing the risk can only overcome if at the first place you know that you will be loss somehow.

Naturally, you are always risking when you start working on the market of crypto. Avoiding some losses here is almost impossible, but you can also earn a lot especially if you invest in different alts, many of them.

agree, just for addition. to lower the risk you could split your into several coins. so if one the coin you hold getting lower while the other coins doesn't. you could get lower loss.

btcrut2017

member

Activity: 406

Merit: 11

Quote from: reyblack on May 18, 2018, 07:59:22 PM

For me the thing to do is to study and research all about cryptocurrency, select and search the best cryptocoins in terms of technology, functions and purposes. Some cryptocoins especially to those coins that are not popular at the market are those cryptocoins that are newly introduced and some needs improvement inorder to compete. Brilliant team and better technology success is always be, better to look for it coz that's my strategy and it really works.

It is not easy to invest in crypto there is a lot to learn and think about. You need to be very careful in dealing with your investments. Take some time to understand and do research on the projects that you are in. Lastly set limits on your investments in order not to stress too much.

florinigna

newbie

Activity: 27

Merit: 0

You can mange risk by:

1) Investing only in top 10-20 coins.

2) Having some stop loss to exit at correct time.

3) Investing on multiple coins for diversification.

Bagaji

sr. member

Activity: 1330

Merit: 291

The best way to manage risk in crypto currency investment is for one to diversify his or her investment capital into different investment opportunity. And at the same time, one need to research well about the currency and see to it that there is high prospect in the future of the project.

Trimegistus

legendary

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Quote from: Sadlife on May 18, 2018, 10:31:18 PM

In every investment there will be always risk even for fiat investment that's why it is important to analyze and research the type of investment your getting into cause you might lose your money, hopefully that wouldn't happen. Especially when you invest in virtual currencies yes it is profitable but highly volatile, so it's necessary to invest with caution.

Can you imagine what those who bought BTC at ~19k USD are feeling right now?

Sadlife

sr. member

Activity: 1400

Merit: 269

In every investment there will be always risk even for fiat investment that's why it is important to analyze and research the type of investment your getting into cause you might lose your money, hopefully that wouldn't happen. Especially when you invest in virtual currencies yes it is profitable but highly volatile, so it's necessary to invest with caution.

mornabo

hero member

Activity: 1148

Merit: 504

Quote from: reyblack on May 18, 2018, 07:59:22 PM

For me the thing to do is to study and research all about cryptocurrency, select and search the best cryptocoins in terms of technology, functions and purposes. Some cryptocoins especially to those coins that are not popular at the market are those cryptocoins that are newly introduced and some needs improvement inorder to compete. Brilliant team and better technology success is always be, better to look for it coz that's my strategy and it really works.

Yeah something that can reduce the risk is to do the analysis before buying because you'll know which coins are potential and profitable, when the right time to buy and sell, your skills will be very influential to do this analysis, the more clever you are in doing the analysis the less risk will you get because the possibility of profit will be higher

piter_wip12592

newbie

Activity: 219

Merit: 0

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.

reyblack

member

Activity: 203

Merit: 10

For me the thing to do is to study and research all about cryptocurrency, select and search the best cryptocoins in terms of technology, functions and purposes. Some cryptocoins especially to those coins that are not popular at the market are those cryptocoins that are newly introduced and some needs improvement inorder to compete. Brilliant team and better technology success is always be, better to look for it coz that's my strategy and it really works.

logicgate

sr. member

Activity: 994

Merit: 252

Quote from: ajochems on May 05, 2018, 11:49:07 AM

In a transcation, you have to consider only one.You can't get the details of the person you had send the bitcoin.And in bitcoin address,their will not single word difference. You will lose the bitcoin, only in the sense of release before the payment made.You have to use a escrow in trading to avoid such loss.

The involvement of third party is essential when you are making a big transaction with the most expensive coin. This is how people scam you in the world of digital currencies. It is better if you make sure that some payment is received in advance and then you transact your coins. Escrow services are best for this purpose and I don’t think so there is any harm in using them for safe deals and trading.

trako

hero member

Activity: 756

Merit: 505

making money is a risky business. Everyone knows that. so many people work in a job for a monthly salary. entrepreneur is a small amount when you look at the world population. crypto markets carry more risk than the real sector.
to divide the investment instruments that must be done first to manage the risks.

Qungis

newbie

Activity: 77

Merit: 0

Expect that you risk losing the entire amount of your investment before you start your investment.

markleal

member

Activity: 446

Merit: 13

Quote from: Moneypham5 on March 23, 2018, 04:18:25 AM

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.

Hi there Moneypham5! All kind of investment there is a risk. If you don't want risk don't invest. Investing on the cryptocurrency is so critical more than others investment you know why because investing on the cryptocurrency is too volatile you don't know when the value of your investment increase or decrease the value the this is not predictable. However, to manage the risk, you need to understand before you enter the on it. Invest only the amount the money that ready to lose. Monitor time to time to manage it well.

dante golo

full member

Activity: 378

Merit: 100

First before entering into investing one must have a strong mental first so when there is a problem that is happening they are not surprised and try to remain patient in order to anticipate the occurrence of losses and do not hesitate to keep trying to invest in looking for an income.

Rubick99

member

Activity: 484

Merit: 11

Don't all in on one project, just spread your money to many ICOs that you think are good. If you got a scam, you still have chance to get legit ICO.

Semaj123

member

Activity: 434

Merit: 10

Quote from: Betheng10 on May 18, 2018, 09:04:12 AM

Good reward comes with great risks. Any investment has high risks most especially cryptocurrency investment.

But I would suggest that do some hardcore research with crypto's you wanted to invest to so risks could be minimized.

Honestly, it's really hard to determine which crypto's can really gives us better profit because crypto value only depends on the speculations IMO. Anyway, managing the risk in investing could also be hard to handle because it needs a heart of steel to accept some failures if ever we/you get some big looses.

Kertmu

newbie

Activity: 182

Merit: 0

There are many ways to analyze the crypto-currency market, you can decompose the tarot cards or tell fortunes on the coffee gush Grin

Only the investor's own observations and his brain, nothing more. I think that you do not need to listen to expert advice, so as not to blame them for damages. Wink

nara1892

hero member

Activity: 1666

Merit: 701

First of all don't ever all in, don't buy when ico and don't buy ask, do more research, read in ann altcoin over and over, approach the dev, ask them about mission vision and their seriousness to develop coins that they created.
In the end all businesses have risks, we can only minimize.

BartS

sr. member

Activity: 980

Merit: 255

Quote from: yusupjatigumilar on May 17, 2018, 08:48:09 AM

one thing you should know and prepare is mentally prepared to accept losses, because that is the worst thing in the world of investment, although the risk of losing capital will not be 100% as in foreign exchange trading, in cryptocurrency investment is not as severe as forex in the eyes of the amount the cryptocurrency we bought earlier will only experience exchange rate changes along with price movements,

Being mentally prepared to accept your losses is just a basic strategy that is not going to reduce your losses that is just going to make it less painful but if the losses are big then it doesn't matter what kind of preparation you take you are going to feel it, the best way to manage your risk is to invest for the long term and to only invest in good and established coins that way your risk is going to drop significantly at that point the only risk of losing your money will be that you sell or that you panic but if you really take the time to understand and read more about cryptocurrencies the chances of that occurring will be very low.

Betheng10

member

Activity: 238

Merit: 10

dApps Development Automation Platform

Good reward comes with great risks. Any investment has high risks most especially cryptocurrency investment.

But I would suggest that do some hardcore research with crypto's you wanted to invest to so risks could be minimized.

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