Risk Management Strategies

Adekunle Joshua

Consider the 1% rule

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

Set Stop-loss

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.

DYOR

Do Your Own Research is a fundamental principle of crypto trading, stressing the importance of conducting thorough due diligence before making investment decisions.