Quote from: Princejebs on September 01, 2021, 09:55:48 PM

Quote from: luca prieto on August 30, 2021, 09:53:16 AM

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.

Make sure that you are prepared both financially and mentally, never to rushed things up when investing
to this market, a lot of time those who tried to cope quickly lose more.

Try to assess and understand why the market is falling, as even you find alternative investment the chance
that the project also falls is very possible.

Market trend mostly affects the whole industry, make sure to do your research before jumping into any conclusion.