Risk Management in trading cryptocurrencies ...??

[Raflesia]

It depends upon the person that how much he can afford and is he good at trading ? Risk management is also important in trading. It also depends on the person that how much a person can loss and can afford. Which infact can be risky for the person.

Actually everything in crypto trading must also be prepared, especially in risk management that must be faced, this is the most important thing where we must be able to regulate when the market is going down and up, what needs to be used in the management, whether to spend money to buy or not. holding until the right time, of course this must also be done carefully because for me trading requires the necessary skills including analysis and also knowing a little bit of the direction of the chart being analyzed.

Sometimes Fomo and panic is also still a trap for traders who are still affected by it.

[1714792524]

1714792524

[Rrita]

Risk management is only way to reduce your loss and make more profit. Without proper risk management you cant able to survive at trading. I would suggest you to watch some videos from here: https://www.youtube.com/watch?v=LKQH1EsFVKA&list=PLfs71TITjLv1OtRO7VnXI-LM7Rt9jlDtZ This man doing good job for us.

[dotcoin.info]

Risk management is the number one thing you should master when dealing with cryptocurrency.
At the same time, you should understand that risk management here has many unusual properties.
The main thing is that most of your risks will be unpredictable due to the fact that very often the market movement will not succumb to any logic, and many things that happen will not depend on you.

[cryptolord2077]

In trading, this is a game of probabilities, you try to predict one or the other event, in a local time frame, based on incomplete information.
Obviously, there are too many things that you cannot control, which means this can be attributed to unforeseen risks. However, you can control some things, for example, the percentage of the deposit to transactions.

[dunfida]

Risk management is the number one thing you should master when dealing with cryptocurrency.
At the same time, you should understand that risk management here has many unusual properties.
The main thing is that most of your risks will be unpredictable due to the fact that very often the market movement will not succumb to any logic, and many things that happen will not depend on you.

You should really consider on doing this because we are dealing with a very risk investment which management of your time, finances is really very crucial or would really be needed.

This isnt something that you can just play around and since we are making use of money to earn money then we should really be serious on doing things.

You cant just dive in into the market without having these things because you would just basically be gambling out with your money.

[seleme]

In trading, this is a game of probabilities, you try to predict one or the other event, in a local time frame, based on incomplete information.
Obviously, there are too many things that you cannot control, which means this can be attributed to unforeseen risks. However, you can control some things, for example, the percentage of the deposit to transactions.

Exactly, while it is not too late don't add more leverage or funds for covering margin requirements. Depositing more and trying to chase loss is like playing with fire, you will burn more capital and risks will be doubled. Predicting long-term trends is easy rather than playing with technical analysis tools on small time frames, managing risks should be easier on weekly charts too compared to 15 minutes timeframe.  The weekly timeframe and upper levels are best for analyzing the long-term trend, patience is a real money-making machine for this timeframe traders. At least you will spend only few hours per week to see what is going on the high levels of market.

[Karish2return]

You are right that risk management is important in trading but is mostly depends upon the person who is trading and know that how much can he loss and how much can he afford to loss. That is the point that risk management is very important in trading and keep calm yourself and keep patience as I say.

[iged_war]

You are right that risk management is important in trading but is mostly depends upon the person who is trading and know that how much can he loss and how much can he afford to loss. That is the point that risk management is very important in trading and keep calm yourself and keep patience as I say.

without risk management we could survive for long time , our balance could gonna zero only in single trade. some traders speculate their balance only in single trade in order to get huge profit in short periode, and for beginner it is not suggessted . Dont never imagine we will be rich man only in single trade and night , we will pass long journey to achieve it and learning patience will help us to realize it.

[Tahsin Kabir Kollol]

Risk management is an important component of trading. Risks are directly involved in trading and risk management is very important to reduce these risks. Bitcoin is closely related to other cryptocurrencies, and as the value of Bitcoin increases, so do the prices of other cryptocurrencies. Similarly, as the value of bitcoins decreases, so does the value of almost all other cryptocurrencies. However, in my case, it does not seem appropriate to hold 3 to 5 percent of the total assets in the case of risk management. This is because the market situation is not always the same and in many cases, the market in the high weight market goes down a bit and rises again and in many cases, this is seen up to a few times. This strategy can be applied if the market analysis thinks that the market will be downward. On the other hand, in the case of short-term investments, if the market analysis is not completely positive, it can be seen that every time there is a certain amount of loss that will decrease the assets. So depending on the market analysis different strategies of risk management can be adopted.