How to manage the risk in investing cryptocurrency?

[queenstella]

Risk management is one of the most important elements in investing cryptocurrency. No matter how good you think, nothing is ever guaranteed. As crypto traders we can’t completely eliminate counterparty risk but we can take steps to greatly reduce it.

Don’t leave coins on an exchange when not actively trading
Only trade with 20-30% of your portfolio
Diversify your coins amongst several exchanges
Research the exchange to make sure it has a solid reputation.


with these few managing risk will be reduced

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[DAVETUN]

Risk is a norm in cryptocurrency, but ensure it is well calculated in order to avoid massive loss,Do not be eager to invest base on deadline of the bonus to be enjoy by investors, ensure you research in details before investing, ensure you invest and amount you can afford to loss.

[darkangel020716]

In managing the risk in investing, you must look at some possibilities that will affect your investment, it will give you some insights in defining what is right and safest way to invest as well as to have some profits, risk is always been there in investing , invest at your own risk, and don't invest more than you can afford.

[Viranz]

By compensating the losses you have made and but you should be more careful because chances are you can just get the loss again when you buy bitcoin again.

[Sled]

In managing the risk in investing, you must look at some possibilities that will affect your investment, it will give you some insights in defining what is right and safest way to invest as well as to have some profits, risk is always been there in investing , invest at your own risk, and don't invest more than you can afford.

Before you do anything with your money then you should know the risks and the things that you are trying to invest because if you will just invest without any knowledge then that is the worst decision that you could ever made. Invest in knowledge first so you will be knowledgeable enough to know what you are doing and those things that you said will just follow.

[JustQueen]

To manage the risks in investing cryptocurrency make sure that you have control with your money, try to accept whatever losses coming in because in investing we don't know if we will earned more or just enough to returned what you have invested in.

[NewRanger]

To manage the risks in investing cryptocurrency make sure that you have control with your money, try to accept whatever losses coming in because in investing we don't know if we will earned more or just enough to returned what you have invested in.

make trading plan could be better ways for us.we have set plan a plan b if market move against with our direction.it could be cut loss or maybe add more our stock by buy at dip.

[chosenboy4]

Start by asking and answering 3 fundamental questions:

What is the probability of that event occurring? (Meteor on head versus, say, a fender bender, kid getting sick, or your spouse losing their job)

What is the consequence of that event happening, and what would be your mitigating actions based on the consequence of that event? (Wearing meteor-resistant helmet, having health insurance, or having some money saved up and accessible)

Do the possible mitigating actions that you could take make a difference, based on the nature of the event and the way it will play out? Sometimes the mitigating actions wouldn’t even help in the big picture of things. Sometimes the actions themselves will expose you to new risks.

[bizalaz]

This requires experience. You will be told how to do it right, but all the same in the future - everything will depend on you. Of course you have to look at everything ...

[mejalipat]

I think, how to manage or reduce the risk in investment is to learn to be able to analyze and know the movement of coins well, so you will know which coins will have the opportunity to earn profit and you can take action with the right time

[Tatsuyashiba]

You must be very careful if you want to enter the world of crypto and want to invest in it. Because if you are without any preparation maybe you will only get the losses and risks that exist in the crypto world.

[Masongrae]

First of all everything in this world is a risky gamble..every kind of investment are risky too ...but ofcourse for you to be able to manage risk in every investment especially in crypto currency you have to every little thin in it up to the biggest once ..how is it work.is it scam or not..and most importantly dont ever ever trust to anyone that says to you give them money and they can doouble it...so all you need to have are awareness and commonsense..

I agree. Since investment in cryptocurrency is risky. A good research before you invest is very important. You must know how much are you willing to try in your first investment so that your also ready if somehow you fail but at the same tine be ready also for the next investment. The risk will never stop but learning things along the way will lessen the risks later on. If you’re afraid to take the risk then don’t try anything but that’s the failure of life when we’re always afraid to take such a risk.

[SHAWN-MIDWAYS]

Its all depends on us how we manage our investment.

If you're a true believer and have a good experience you won't lose your money but if you become greedy and show laziness with your business you'll lose your money and start hating bitcoins.
Everything is a risk every business contain risk but its all depends on you do your work with honest and in return, you won't feel regret.

[TitanGEL]

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.

Risks are part of challenges that you will face if you will make investment. You can easily handle the risks if you are prepared before making investment. Just focus and stay positive if you face risks.

[Natsuu]

It's hard to manage well but we can lessen it.

1. Just invest an amount you know you afford to lose and just do it with your spare money.
2. Diversifying is good but you should just limit your portfolio within at least 5 coins.
3. Don't do trading if you don't have enough knowledge. Better just to hold it like choosing a coin for long term holding.

[johnmartinda]

the most important thing is to always add to knowledge, analysis, and information so that it can cope with the risks and through it easily.

[Kidmat]

Every investment their is a risks so to manage in investing in cryptocurrency just invest on what we can afford only. Do not take risks if you are not sure with the market invest on the potential coins. Spread your money into different coins to earn profit in crypto.

[Gufeng]

Any business knows that foreign exchange assets have some risk. In fact, you need to constantly assess the risks and proceed from this decision. When you cryptoinvesting, keep a sober head and take weighted decisions, do not panic, do not rush. It is necessary to accurately track the results of your investments, and not just carry out direct sales to obtain a fiat currency.

[btcdevil]

In investing their is always risk but you should keep updated about the investment which you have invested so that any good or bad news should reach you fast and according to it you can react on your investment. This is the main way you can control the risk.

[balamuda]

Conduct potentially cryptocurrency research that you will choose to invest, be patient in price changes because cryptocurrency prices are so unstable, holding up when prices fall and selling when prices rise. If you can avoid the risk then you will get a very high profit.