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.
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.
Well, I can only state what I should have been doing ALSO since I got into Bitcoin in 2013 and BTC mining. I should have been selling stuff from my attic
I will otherwise 'die with' due to being lazy for Bitcoin. I 'just' started doing this last month and put $2k into BTC and 'poof' it is now worth 3.5K or some
such. I just match postage and eBay fees to anything I sell on eBay along with the item $$$ ..just to make accounting easy...less hassle for the extra 'dust'
added to the eBay sale. So as far as risk, very little, if you have an attic full of crap ...even if most of it is worth $25-$50 if diligent and the next pump
happens to say $75k you will look like a genius.
Other options would be estate sales or weekend rummage sales....lots of stuff you can pick up there and flip for 3x the value on eBay or fix up a moped
or other stuff. The catch is ..it is soooooo boring!
But anyway, motivated now, bit by bit it is starting to add up. So what I tell 'newbies' to Bitcoin now....'attic mine' it is the only way to go!
Brad