Talking about cryptocurrencies, of course, it doesn't rule out investing or stocks, in this case, of course we have to be careful in investing because investing also contains risks. The risk here is to lose funds or other assets when the investment does not live up to expectations or even fails. Yes, it is true that we cannot invest and then only expect profits without understanding the risk of loss, but to warn of all possible losses, what steps should we take?
Investments are generally made in the stock buying and selling sector, but currently investment is undergoing a very significant change, where coin buying and selling is also a new investment pattern and almost everyone has started to try it.
The steps we need to take to minimize the level of risk of loss are?
1. we must first understand the pattern of investment that we do.
2. analyze the coins we invest.
3. look at the current market conditions.
These three things need to be prepared before we start investing, because if we are not able to do this well, then the chance of our investment failing is much greater, investment is basically just looking for profit, but if the investment is not based on the three analyzes above, then we can be sure we are not making the right investments.