Quote from: xiboothrezi on Today at 11:13:58 PM

Quote from: lixer on August 05, 2021, 05:55:31 PM

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As per the famous saying: when you are investing only what you are afford to lose on the event of an unexpected thing then you would never need to worry about. I believe that you have invested only very little amount so it can wait or you can take whatever decision striking in your mind right away.

this is a basic principle that must not only be understood but also properly applied. The crypto ecosystem is very volatile, many unexpected things can happen, especially investing in new projects is very risky. in addition to having analytical skills, luck also has a role to be successful here. so to avoid the worst risk is to use free money, which we can tolerate if it is lost.

Good risk management would really be much needed from time to time when you do intent to dive in with crypto investment and it is something that you can put up money and let it grow.
You would really be needing lots of considerations first before making such decision and not just dont mind about the risk because if you do then that would really result into loss instead.
You could always have the chance to make profits neither you do decide to trade or deal with ICO or launching projects.Its up to your choice on which one you would be dealing of.