Quote from: Alisha FR on Today at 07:14:30 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?

before jumping into trading in cryptocurrencies, what needs to be managed properly is our finances, there must be a division between money saved as urgent needs and daily needs, the rest is only for us to invest in Crypto. but if we lose, it's normal to experience stress, but if what I say is the first step we take before investing, I think this can reduce stress. Personally, to diversify my investments, I will invest in Altcoins that are already in great demand by many people and not invest in one altcoin with a large amount, but invest in several other altcoins.

Its good to diversify your investments as much as you can and not just invest in altcoins but also invest a big portion of your funds into bitcoin. Having a wide range of investments will definitely make you more profitable and of course minimize the risk and losses. I know with all the high potentials of altcoins and the most promising bitcoin will make up a perfect blend for a profitable investments.

Everyone should at least know how to manage losses and definitely creates rational thinking. If not, i think there is no way you will last long in crypto.