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RE: Always have a plan of entry and exit - Risk Control

in Project HOPE4 years ago

Hello @pixiepost
Losing all of your life's savings in one moment must be a very traumatic experience. But it's crazy to do it, in the end, I think that in all types of commerce there are risks, but in the digital world they are increased. So we have to increase measures to avoid losses. One mistake can be fatal in economic terms. Not respecting the plan, getting out of it, can also be a big problem.
It is always best to play to win, obviously, but the possibilities of losing are always there, it is logical, that is why I do not think it is logical to bet everything in a transaction, but a percentage of the capital, some say no more than 10%, others say no more than 20%. Well, that is also within the risk control. Thank you very much for your comment.