Quote from: Nomad88 on February 27, 2016, 12:26:10 AM

Quote from: vilain on February 27, 2016, 12:19:27 AM

Quote from: Nomad88 on February 27, 2016, 12:17:01 AM

Quote from: vilain on February 27, 2016, 12:14:39 AM

Hey everyone,

Just wondering, what percentage of your total funds do you usually keep at a single exchange?

I mean, what is your risk mitigation strategy, considering the many exchanges that went kaput?

This can be really different from one person to another. I personally don`t keep more than 2BTC in a single account. In fact, this is my top limit to risk on trading.

I see.

Actually what I'm wondering is how people relate to risk. I mean, what percentage of your total funds is 2BTC?

If it's 10%, for example, that means you are very conservative. If it's 80% then you're a serious risk taker...

That's the kind of idea I wished to apprehend from btc community.

In my case, this is actually %100 percent. But percentage of total funds being used on trading doesn`t exactly mean the person is a big risk taker. It has a lot to do with what you are investing in. I personally wouldn`t buy any altcoin that does not have huge volume on the market. So, it is less likely to make huge profit when you are not investing in a brand new altcoin which you think has a great potential in the future. I hope i explained my point clearly.

The % of your money you put on something is what dictates how risk averse you are. Even if you're 100% sure of some investment, it's still risk and we should always diversify.

I don't keep more than 1/4 of my invested coins at a single exchange, or wallet, or anything. That's how I'm willing to loose in case some shit happens, it wouldn't take up my sleep.