Some things I do to manage risk in my crypto investments are (1) diversfy across several arbitrage programs, (2) recoup my initial investment as soon as possible, (3) regularly withdraw profits.
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Some things I do to manage risk in my crypto investments are (1) diversfy across several arbitrage programs, (2) recoup my initial investment as soon as possible, (3) regularly withdraw profits.
Hello @hirohurl
That's a good plan, actually the basic thing one should learn is how to recover capital. Then, it is logical to withdraw profits, perhaps not all of them, so that the profits continue to multiply, but it must be done.
Recently I made a mistake in that aspect, in not withdrawing, and it didn't go so well. But, I learned. You have to create your technique and respect it.
Thank you for commenting.