Post
Topic
Board Altcoin Discussion
Re: How to manage losses?
by
Princejebs
on 01/09/2021, 21:55:48 UTC
how do you manage stress if you loss biggest amount because the value of your token is hitting down or NFT project is not ok?
 in your opinion how diversify your investment in other alts to cope up your losses?

The first rule of my risk management is to never invest in shit projects, you know why? It always save me the stress of taking my loss because they comes in less number.
If you invest in good project, they hardly collapse except when people have this fear of bitcoin collapse and market bearish.
Avoid fomoing into new projects, they pump and give huge gains in short term but the same time, it can destroy your portfolio.