Do you need risk management in Bitcoin trading?

Justin

Seasoned Veteran
Verified Poster
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Bitcoin price is purely depended on market condition, there is nothing you can do when the price begin to fall. The only way to manage your risk is by investing for a long term
 

Ub40

Addicted Member
Verified Poster
BizNotes
3,061.00
Of course risk management is seriously needed in order to trade crypto successfully as coins trading are full of risk. So it is advisable for one to master risk management before going into crypto trading to avoid losing all capital within seconds.
 
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Nomad

Madly Diligent
Verified Poster
BizNotes
3,700.00
Risk management is required everywhere but how do you do it for something that is very volatile, and also very pricey, in the case of bitcoin? You need a lot of money just to buy 1 bitcoin
 
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