#DiversifyYourAssets Risk management in the crypto market – The survival guide amidst the storm

The crypto market is not a place for the faint-hearted. Prices can pump 20% this morning and dump 30% tonight – therefore, risk management is not an option, but a necessity.

First principle: Only use money you can afford to lose. Don’t borrow to go all-in because of FOMO.

Second: Set stop-loss – don’t let hope make you wipe out your account. Cutting losses is not failure, but a valuable lesson.

Third: Diversify your portfolio, don’t put everything into one coin that “everyone says will go x10”.

Finally, always remember: preserved money is real money. Earning a little but consistently is better than doubling your money and then going into the negative.

Trade like a survivor, not a gambler.