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How to Manage — and Understand — Risk Tolerance in Crypto Investing

“The art of risk tolerance involves understanding your emotional response to financial losses and considering your long-term goals” writes Connor Blenkinsop for cointelegraph.com. “Risk tolerance” is a buzzword that’s commonly bandied around in the investment world — and with very good reason.In 2018, the crypto market fell hard and fast — losing 80% of its value in eight months.Thinking objectively about how much money is being held in crypto — and asking yourself whether you could comfortably lose it — is a straightforward way of gauging risk tolerance.Devoting yourself to researching this ever-changing market can also work wonders for your risk tolerance — both because you can develop an understanding of where risks lie in crypto investments, and the best ways of mitigating them.
 
Source: cointelegraph.com



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