Post
Topic
Board Economics
Re: How to manage the risk in investing cryptocurrency?
by
Omighty28
on 04/09/2018, 22:19:54 UTC
Riisk management includes the wise attitude never ever to go all in. What you should do, is excactly the opposite. Always trade with low percentages of what you own. Every trade includes the risk to lose money, so a single loss should never be too destructive concerning your total assets. Imagine you go all in and lose half of your Bitcoins in a clumsy single trade. Don’t ever let that happen.

So a wise trader always takes only a small percentage of his/her capital for a single trade and then splits that again in some parts for different entries and take-profit-levels.