Post
Topic
Board Economics
Re: How to manage the risk in investing cryptocurrency?
by
Aidan Martin
on 18/06/2018, 15:33:07 UTC
There are several tips to manage the risk in investing cryptocurrency. Firstly, you write down a mnemonic phrase that allows you to recover a crypto wallet. With this, you can open your wallet on any computer in the world. Hide the phrase somewhere safe in your home. Secondly, get yourself a cold storage device like a Ledger Nano. Thirdly, you always research ICOs thoroughly and invest in the best. Next, you should only invest what you can afford to lose. Finally, keep your computer clean. Visit only reputable sites and have a good antivirus.