[quote author=dekafee79 link=topic=313056.msg1535674#msg1535674
Risk management is very important in investing because we have to see and study the risks that will occur. Managing finances is not easy, we need to always monitor the rise and fall of our assets, so that we don't lose much, we must be able to make a profit. I prefer to diversify across several coins so I don't lose
Speaking of risk management, I think it's an important point and not a joke. If not calculated properly, it will be very risky in the end, besides that we must also have an exit market strategy so that our profits can be locked and not lose.
Yes. Maybe we all here already know Bitcoin is a long-term investment instrument and it is undeniable that Bitcoin brings many benefits and advantages to the price of altcoins and investors not only see the price, but also the opportunity to profit from its movement.
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of course, bitcoin is the safest coin for the long term. because we can estimate the risk, and if we buy when bearish and hold it until bullish we will get a big profit. It's also part of risk management in investing, do it at the right time and also the right coin which you choose