How do you manage your risks?

[Koobtcgal]

I buy coins when the general sentiment of crypto is good. I do not sell or buy coins when there are fuds in the crypto verse because it can cause a lot of harm to my holdings. In trading, I do only short term trades with coins that are very new and long terms for coins that have good daily volumes.

[Tilim@Tilim]

Money management is a prerequisite for your successful and safe trading. Now the most profitable is a short trade.

[drrekkty]

You wanna hear about my risks? In this case I wanna tell you I am extremely risky, man!
I would like someone to tech me about risk, I don't know how to cope with it!

[Sarastiche]

To buy a token I checkout the market cap, roadmap to determine the present status and the future impact,In order to manage my risk I ensure I take profit at every moment,not allowing greed to affect an individual is a major determinant to enjoying profit in the crypto world.

[investtra]

Making profits when the market collapses is certainly very difficult and even has the risk of losing money. But I do short-term trading like buying coins when the price is red and when the price turns green I can sell it immediately. Of course, this requires our accuracy and maybe only a few results can be obtained.

[Razerglass]

For short-term period i prefer to look at daily news,telegram,twitter,linkedin comunnity. It is more easy to trade 5 min charts than trading 4 hour candle charts. No need to rush but short term is more profitable than thinking about manage the risks on higher time frames.

[babyxxbaby]

I don't like short-term trading. Because you always need to monitor the market and watch for all the changes to get the most benefit. I do not invest a lot of money in the cryptocurrency market. I invest as much as I can lose.

[mehmet312]

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?

My first aim is not lose money in these bear market which are dropping since beginning of the year, then I can think to earn money. There are few coins I follow, when they drop, I buy and sell from target, I learned every moves of them almost.

[deepakg2m]

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.

[megaplage]

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?

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.

[OptimusPrime:)]

Rule Number 1: never lose money.
Rule Number 2: never forget rule number 1.
                                                     Warren Buffet

[miningguru]

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.

[UAE Seasider]

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.

[Commitments]

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.

[BitcoinCazh]

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

[cudora]

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.

[daly896]

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

[benjamin11]

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.

[dutechman]

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.

[erikoy]

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.