Post
Topic
Board Trading Discussion
Re: Why risk management is so important for Every Trader.
by
Questat
on 25/06/2021, 11:22:18 UTC

Yes, if you look at the current conditions, the risk of losing profits is certainly quite large,
The risk never reduce, we are still in a high risk investment market, and that is the norm of crypto.

so we need to be careful and at least be able to manage the existing risks,
despite the fact that not everyone can do that because it's not as easy as we think
If we have the knowledge, we understand the risk, and if we understand the risk, we will be able to manage the risk.
Therefore, it's really a basic thing to understand crypto before investing, especially the risk associated to it.

it's true that it's very attractive due to high return, but always look at the other side as well, not only the reward.