交易加密货币时如何管理风险你需要知道的一切
交易加密货币有时会带来风险，尤其是对于新手而言。但有一些方法可以管理风险并成为更聪明的投资者。
加密货币通常被认为是不稳定的，交易加密货币有时会有风险。众所周知，加密货币市场也会经历价格波动，与其他所有投资一样，无论事情看起来多么稳操胜券，你的投资都有可能贬值。话虽如此，风险管理无疑是投资加密货币最重要的方面之一。
以下是一些管理加密风险的方法。
只投资你能承受的损失
与任何投资一样，您投入的资金永远不应超过您能承受的损失。这条规则适用于所有市场，尤其适用于加密货币，因为加密货币在几个小时内就可能出现两位数的损失。
毫无疑问，加密货币让许多早期投资者成为百万富翁。但另一方面，它们也让许多新手投资者陷入财务危机。除了这些资产可能因不断变化的政府政策而迅速贬值之外，加密交易平台还可能成为黑客攻击或关闭运营的受害者。
2021 年，新加坡数十人向警方举报一家名为 Torque 的加密货币交易平台。据报道，该公司一名不法员工进行了未经授权的交易活动，导致巨额损失，客户被禁止使用该平台。
在市场高峰期，乐观情绪会影响理性决策，但重要的是避免陷入炒作周期和未经证实的承诺。在投资您的毕生积蓄或出售房产购买加密货币之前，请三思。
将您的加密资产转移到冷库
你可能听过加密货币人士说的一句话：“不是你的钥匙，就不是你的币。”将资产存储在中心化交易所可能会带来许多风险，例如网站崩溃、黑客攻击甚至破产。加密平台 FTX 于 2022 年 11 月停止提现并申请破产，拖累了大部分加密行业，最终轰然倒塌。
将加密资产转移到冷存储设备可以减轻与信任中心化交易所保护您的资金相关的一些风险。需要澄清的是，加密货币交易所持有您的私钥，因此可以控制您的资产。另一方面，冷存储可以让您完全保管您的资产。此外，冷存储设备不连接到互联网，这大大降低了黑客和网络犯罪分子获取您资金的能力。一些最受欢迎的冷存储设备是基于硬件的，来自 Ledger 和 Trezor 等公司。
对冲你的加密货币投资组合
Hedging has long been used in traditional financial markets as a form of risk management. It involves buying or selling an asset to potentially help reduce the risk of loss of an existing position or adverse price movements in an asset.
It is worth mentioning that although hedging allows you to protect your investment from adverse market swings, it also limits the potential gains from your crypto investment. Nevertheless, this is a better option than losing a significant portion of your investment.
There are several ways to hedge your crypto portfolio, such as dollar cost averaging, buying options,futuresand evenyield farming.
The “Dollar Cost Averaging” (DCA) strategy is one of the simplest ways to hedge a crypto investment. It entails incrementally buying or selling crypto at regular intervals rather than deploying capital in one large purchase or selling one’s entire holdings at once.
For example, let’s assume you have $1,000 to invest in Bitcoin. Instead of purchasing $1,000 worth of Bitcoin in one fell swoop, you can split your investment into $250 every week spread across a month. While you might lose some potential gains if the price of Bitcoin shoots up after your initial purchase, you’d have also saved yourself from potential losses if the price crashes.
When it comes to crypto or any other investment, avoid putting all your eggs in one basket. In May 2022, the price of algorithmicstablecointerraUSD (UST), which was supposed to be pegged to the U.S. dollar,fellto 35 cents. A few days later, its accompanying cryptocurrency, LUNA, plunged from $80 to a few cents.
Do not invest in only one cryptocurrency, regardless of your conviction. Instead, spread your investment across several digital assets. You can diversify your crypto holdings by investing in projects based on their use case or technology. For instance, Bitcoin has beentouted as a store of valueand might be a good way to preserve wealth. Ethereum, on the other hand, has become the largest platform for decentralized applications and smart contracts. Meanwhile, a stablecoin’s value is pegged to an underlying asset, making it typically less erratic than other digital assets. It’s good to remember that there are hundreds of cryptocurrency projects trying to achieve different things.
This is more of an advanced tip, but you’d be shocked at the number of beginner traders that try tomargin trade. Margin is used to increase the order size and gives you the option of going long or short. Some crypto exchanges may offer leverage as high as x100.
While the idea sounds good in theory, a 1% move against you could wipe out your entire portfolio. You could lose your entire principal during a forced liquidation.
A safer approach would be sticking to lower leverage amounts, which provide more room to not only increase your gains but also a buffer zone to exit a bad trade.
Risk management is the foundation of successful crypto trading. Like any other business, crypto trading requires careful planning and execution of strategies to protect your capital from significant losses. In the crypto market, where prices can be highly erratic, improper risk management could be the thing that separates you from financial independence. In contrast, proper risk management could help you increase profits and limit losses. Therefore, risk management in crypto trading is crucial for the following reasons:
Preserving Capital:Effective risk management ensures your losses are minimal, predictable, and part of the strategy rather than ablack-swan eventthat wipes your account.
Emotional Control:It helps you remain calm and rational, preventing impulsive decisions driven byfear or greed.
Sustainability:Proper risk management allows you to sustain your trading activities over the long term.
When applied wisely, risk management strategies can help crypto traders mitigate potential losses and improve their overall trading outcomes. Here are some popular strategies to manage the risks in crypto trading:
One of the first steps when embarking on your crypto journey is selecting a reliable platform to buy, sell, hold, or use your crypto assets. Choosing a reputable and secure cryptocurrency exchange is one of the most fundamental risk management strategies for crypto trading.
Look for exchanges with a strong security and regulatory compliance track record, such as Binance. For instance, Biannce has multiple security layers that protect you from potential losses due to security breaches. In addition, having been a key player in the industry for more than six years, Binance has a global user base spanning millions of users, offers deep liquidity, and a wide variety of crypto gems to discover and trade.
Store your crypto assets securely based on your needs. For long-term storage, consider hardware wallets like Ledger or Trezor. These devices provide an extra layer of protection against online threats. Use hot wallets withtwo-factor authentication (2FA)enabled for smaller amounts.
Pick thesafest way to store your cryptos.
Alwaysresearcha cryptocurrency thoroughly before investing. Analyze its technology, use case, team, and community support. For instance, before investing inBitcoin, understand its decentralized nature and potential as a means of exchange or store of value.
Analyzing a cryptocurrency involves three aspects, namely:
Fundamental analysis, where you should explore the inner workings of a cryptocurrency.
Technical analysis, where you should explore the price metrics of a cryptocurrency, its upside potential, and its overvalued or undervalued appearance.
Sentiment analysis, where you should explore the sentiment surrounding the cryptocurrency.
Determine how much of your capital to allocate to each trade. Use the 1-2% rule, meaning never risk more than 1-2% of your total portfolio on a single trade. This protects your capital in case of adverse price movements.
The possibility of making significant returns in crypto trading persuades traders to spend 30%, 50%, or even 100% of their trading capital. However, this is a risky decision that could jeopardize your finances. According to the golden rule, never put all your eggs in one basket.
Have clear, well-defined entry and exit points for your trades. For example, you might enter a trade when a cryptocurrency breaks above a particular resistance level and exit when it reaches a predetermined profit target.
Learning from your mistakes in the past is an excellent but costly approach to success. Crypto trading, like any other type of trading, is based on clear ideas and strategies that all crypto traders, particularly newcomers, must adhere to.
If you are new to purchasing or trading cryptocurrency, the following are some common mistakes that traders make that you should avoid:
Trading Without a Strategy and Goal:Trading without a clear plan can lead to losses. Consider your profit goals, risk tolerance, and investment timeline when developing a strategy.
Short-term Planning:The cryptocurrency market is highly volatile. It's often more beneficial to consider long-term investments.
Excessive Diversification:Over-diversification can lead to holding many underperforming assets. Diversify only when you understand the fundamental principles of different types of investments.
Using a Non-reputed Cryptocurrency Exchange:New traders should choose a dependable, trustworthy, and secure exchange. The components of trust and security are often overlooked.
Lack of Fundamental and Technical Analysis Knowledge:Trading without understanding market fundamentals can lead to losses. We recommend you learn the market's fundamental and technical analysis before starting to trade.
Investing Money You Can't Afford to Lose:Cryptocurrency is highly volatile, and the risk of massive losses accompanies incredible profits. Be aware of the risks involved and plan for the worst-case scenario.
In conclusion, mastering risk management in crypto trading is not an option; it's a necessity. The crypto market's wild swings can be lucrative but can also wipe out your investments if not managed properly. You can confidently navigate this thrilling but treacherous landscape by diversifying, sizing your positions sensibly, setting stop losses, and regularly reviewing your portfolio.
