@bunnysjunkies
Risk management in cryptocurrency requires a strategy to protect against market volatility. First, diversify your portfolio across different cryptocurrencies to reduce exposure to any single asset. Set stop-loss orders to automatically sell your holdings if the price drops below a certain level, minimizing potential losses. Only invest what you can afford to lose, and avoid using leverage unless you fully understand the risks. Regularly review your investments, and adjust your strategy as market conditions change. Keeping emotions in check and sticking to your predetermined plan is key to surviving crypto’s highs and lows.
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