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How to Manage Risk When Trading Crypto in 2019
In today’s opportunistic financial climate, investors have no shortage of possibility.
Despite global indications that a recession might be imminent, markets continue to climb higher, and investors are the beneficiaries of this moment.
By most accounts, they can hardly go wrong.
The S&P recently breached 3,000 points, and other assets, from currencies to commodities, are making even amateur investors look like adonicies.
Of course, the most prolific returns are reserved for those willing to enter crypto markets where a resurgent Bitcoin has more than quadrupled since the start of the year.
Because of this, many people are getting involved in crypto trading, and participation in the burgeoning crypto economy is swelling once again.
To be sure, cryptocurrencies aren’t lottery tickets, and they’re not without their quirks Most notability, their extreme volatility can be nauseating even for seasoned investors, let alone the numerous novices that occupy the space. Practically since its inception, Bitcoin has experienced seasons of steady growth coupled with sudden price movements that inspired the term “HODL,” crypto parlance for holding investment positions amid extreme volatility.