5 Risk-Reducing Strategies Every Crypto Trader Should Know

Aayushi Jain

Diversify your investments by spreading them across Bitcoin, Ethereum, altcoins, and stablecoins to reduce risk.

Define your investment goals and assess risk tolerance. Set boundaries for how much loss you can handle.

Use stop-loss and take-profit orders to automatically sell at set prices, limiting losses and securing gains.

Stay updated with market trends and news. Adjust your portfolio and strategies based on new information.

Enhance security with hardware wallets, enable 2FA, and stay cautious of phishing attacks to protect your assets.

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