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.
Cryptocurrencies demonstrate highly volatile price movements. The risk of loss in trading and holding cryptocurrencies can be significant. If you use cryptocurrencies to store value, or rather to speculate on the future value of cryptocurrencies, you always risk losing your money in part or in full if the value of the digital currency falls sharply.
There are also many risks associated with the way your coins, wallets, exchanges and so on are stored.