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Topic: How to manage the risk in investing cryptocurrency? - page 61. (Read 530949 times)

copper member
Activity: 224
Merit: 3
A golden rule here is also not to invest what one cannot afford to lose without it affecting one's lifestyle. This rule is however mostly ignored and people get their fingers not just burnt but completely cut off.
full member
Activity: 420
Merit: 100
As for me there's no easy way to do that because even the most experienced traders still are not protected from such things.
full member
Activity: 392
Merit: 103
For me i invest currency that has more population and most common crypto currency like bitcoin and ethereum. And in comes of investing ico i also want to see how they fast reach the softcap. And there population i also want to see.
member
Activity: 150
Merit: 12
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.
sr. member
Activity: 980
Merit: 255
Cryptocurrency is not risk. If know the all process. Then easy to use the cryptocurrency. So before use the cryptocurrency check the price list and process. Coin price is any time to change. So follow the coin  price day by day. Then get more ideas and time to complete the process. It good opportunity for future saving and improve the business process. So time is important for this process.  
Of course it is a risk, what do you mean when you say that cryptocurrency is not a risk? Did you forgot what happen in December? Because it seems that you forgot that many people came in the market in December which drove the prices of bitcoin and other cryptocurrencies to new all time highs and suddenly we saw a huge crash where people lost fortunes in the process.
jr. member
Activity: 238
Merit: 7
Risk is a part of an investment, no investment is safe if it is by legal means whether it is investing in the virtual currency, stock market, or any other business like real estate, hotel, construction or starting any business from scratch. Since the value of a virtual currency is unpredictable it is better to invest only what you can afford to lose, don't take a loan from a bank/friend to invest. Before investing in cryptocurrency just be prepared and make your mind that losses may happen so when your investment going in a loss you shouldn't get depressed.
newbie
Activity: 39
Merit: 0
I do believe that we can not avoid risk in crypto currency world, when you enter here you are already at risk ,but it can be avoided by educating yourself. Knowing the system will truly a helping first step to reduce the possible risk.
Every good investor needs a set of guiding principles that form the foundation for future trading decisions , a step that is often overlooked by beginners.
Yeah for sure it is good to keep on looking at the price of bitcoin, as you should not sell when the price is low but hold it till it become high once again, once you invest in bitcoin you will have to keep patience and wait till it rise, moving in crypto currency will increase your knowledge and you will learn about rise and fall of bitcoin, so gradually you will start earning high but at beginning you will have to be careful about it.
hero member
Activity: 1316
Merit: 502
In my opinion, the best way to manage risk is to understand the risk that we have to face with and accept it. You need to accept the risk so that you can manage your money and prepare for the worst scenario that can  happen to our wallet.
Of course, understanding and accepting then face is the first step in managing the risk that exists in the investment because if we do not know the risks we will face, it will be the same as we go into a wild jungle without preparation requisites and we will be very easily killed in that situation. And when we want to understand the risks, what we need to equip is a series of knowledge and skills, patient and without recklessness, we need to ignore good opportunities and great risks, we can regret but we can not lose, when our intuition is at an alarming state, believe it
full member
Activity: 274
Merit: 100
By preparing to make an investment i.e learning about cryptocurrencies beforehand you do yourself a favor of making the risk lower. But there is no investment without any risk at all.
sr. member
Activity: 451
Merit: 250
In my opinion, the best way to manage risk is to understand the risk that we have to face with and accept it. You need to accept the risk so that you can manage your money and prepare for the worst scenario that can  happen to our wallet.
full member
Activity: 518
Merit: 100
I think, to manage and reduce the risk of investing in crypto currency is to first analyze the coins we will buy whether it has a good prospect or not and will be profitable or not, do not put all your money in one place
member
Activity: 287
Merit: 10
Two Important point for investing in cryptocurrency is we should diversify our investments and moreover we should buy coins mostly at dips  these are two tips which keep us to keep capital safe at all times
newbie
Activity: 140
Merit: 0
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.

It is easier said than done because at the end of the day luck will always play a major role in ICO investment. Honestly speaking investing in ICO is like throwing away your money because you don't have the assurance that the ICO you are participating is legitimate and not a scam. Although i am new here in crypto but as i have observe there are just too many scam ICOs.
full member
Activity: 378
Merit: 100
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.

Well in crypto investing it's like a double edge sword because of having high volatility and in every investment there's always a risk, So we need a proper knowledge before putting our money, we need to know all the details on where to invest and always remember invest what can you afford to lose, lastly in crypto investing we need to control our emotions and we need a lot of patience.
member
Activity: 294
Merit: 10
Try to diversify your investments, and try to really close look and study the project before investing in some project, start here.
member
Activity: 378
Merit: 25
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.



the risk is given, once you venture on any business comes with great risk, it is a gamble, you are right, before we dive in,  we should test the waters, recently almost all scams and dubious exchanges are all tagged, thanks to the people who tested it and loose,  that is how it goes we can never know the risk until we are scammed, it is a digital world.
member
Activity: 364
Merit: 10
Crypto trading are very risky business , because anytime of the day, it rapidly fluctuates either positive or negative, If you invest on it, Nobody could escape the volatile effect of crypto's, Maybe constant monitoring of crypto coin will help you minimize the loss if it drastically falls down,

I would say that when you open yourself in joining cryptocurrency you must know what are the risk involved and are you ready to face that risk. Create a technique that will make you posted on the latest update and be sure to know you limits. Then decide if you will need to trade or hold. Good luck
member
Activity: 322
Merit: 12
First of all, part of investing in cryptocurrency is dealing with the risk also and success. Therefore it is very important that you just have to invest the amount that you can afford to lose to in case worst things happened so that you won’t be too upset. That is maybe my own way of managing the risk in my cryptocurrency investment. Be emotionally prepared either win or loss what is important do not put everything in one basket. Always save and secure too in some other ways😊
full member
Activity: 560
Merit: 100
Crypto trading are very risky business , because anytime of the day, it rapidly fluctuates either positive or negative, If you invest on it, Nobody could escape the volatile effect of crypto's, Maybe constant monitoring of crypto coin will help you minimize the loss if it drastically falls down,
Volatility always presents in the market to be able to manage the risks acceptance that market is full of new. Also searching first before investing in cryptocurrency could do a big help to us who invest. Believes that you can win in this game.
member
Activity: 294
Merit: 12
The best way you can do is research first, study everything about the cryptos you will invest in before you engage in it. Although everything is risky but if you're really ready and have guts to take that risks that's a good attitude.
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