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.
Well, for me, the most important strategy to manage the risks is by choosing good projects to join it, or at least, studying them so that you can find those projects that you need to stay away from because they are destined to go down, or those projects that are rough gems that with the right kind of polishing would turn out to be good ones. Also, you have to set a good time line for your investments, it's not good if you would try to take back your capital and aim for a return in a short time because the current state of the market would not allow that. On the other hand, if you would set your time table too long, there might be so many happenings that the coin itself that you are eyeing would not be relevant by then. I guess, what I am saying here is that you should try to have a balanced investment couple with a good strategy to make it work.