I will be delivering a lecture or an address by weekend on a topic which would be part of the Crypto book am working on. The topic i will be teaching is "Crypto Risks: How to Minimize risks in Crypto business."
I would want to focus on trading and Investing. But, i want to know what you think on the following;
1. what are the major crypto risks that one should know and avoid by all means.
2. How do we tackle these risks or are there way to tackle the risk?
We can use btc trading and investing as a case study.
1. When it comes to risk then number one would be volatility, if you do hate moving prices in big extent or scale then this market isnt for you but lets talk on the brighter side where this volatileness
is the main reason on why people do make tons of profits into this market which did really spark out their interest for them to dive in.
When it comes to Business literally then the only risk i could also say is on the money that you do able to make where it can possibly dip down if you decide to stay it on crypto form.
tendency of losing those profits is there but we shouldnt exclude out the probability on making profits when the market turns out to be positive.
2. Tackle the risk? Its simply talks about on accepting it and be aware and prepared for it.You cant get rid of it and instead on trying to evade then better deal with it.