5 Risk Management Strategies
Adekunle Joshua
When engaging in crypto trading, it's important to consider the 1% rule, which suggests risking no more than 1% of your trading account on any single trade
A stop-loss order is a key risk management strategy in crypto trading, allowing you to define a predetermined maximum loss by selling your asset automatically if it hits a certain price level.
Diversifying and hedging are crucial risk management techniques in crypto trading to mitigate market volatility and reduce portfolio risk.
Do Your Own Research is a fundamental principle of crypto trading, stressing the importance of conducting thorough due diligence before making investment decisions.