Post
Topic
Board Economics
Re: How to manage the risk in investing cryptocurrency?
by
micleeiu398
on 15/08/2018, 10:27:21 UTC
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.



Every investment is like a game where we should know how to play with. I think in the beginning of every investment, it would be an edge or advantage if we'll have pure knowledge about where we are investing. We should manage the risks because it is where our profit depends.
That is nice and is what they teach you if you are attending a course on management or finance. You have to take into account almost every factor that can possibly affect the future worth of your investment and profitability before investing your money. This helps when a certain factor starts affecting your business and you use your strategy to coupe with it for you have planned things from the start. Besides, in crypto, it is just the crypto knowledge that gives you an edge over other who does not have.