_ Don't risk too much money, start with what you can afford to risk. Focus on the risk not rewards.
_ Identify potential risk as;if it goes down, if you don't take profit, if you don't use stop loss and if the coin goes against your analysis.
_ Reacting to risk, use stop loss and always take profit.
In my opinion, market, security, and regulatory concerns are all addressed as part of risk management in the bitcoin Trading. On the other hand also price fluctuation, liquidity, and theft of digital assets are some significant risk concerns. Automated trading bots, risk assessment tools, and cryptocurrency wallets are examples of tools and technology for risk management. Implementing diversification, establishing risk tolerance, and utilizing technological tools to safeguard your digital assets are all best practices for risk management in the crypto trading.