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Perfect solutions for crypto portfolio

Only clear, calculated risks


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What tasks does a personal assistant solve?
Mining, trading, investment. How to make money with minimal risks?
Cryptocurrencies are an extremely volatile asset, so it is important to work with them with extreme caution. However, it is relatively safe to make a profit if you follow certain rules.
Mining
Cryptocurrency mining is a business related to the purchase and maintenance of equipment, rental of premises, and so on. There are risks in this area at each stage. For example, equipment can be defective or broken due to improper use.
Mining is not magic, it is a business. Like any business, it can be effective or not. Choose reliable partners to keep your mining efficient.
Trading. Why is it so important for a trader to be a professional?
One of the most difficult ways to make money on cryptocurrencies, which requires certain knowledge and experience, is trading. Trading classic assets is an extremely difficult and not always profitable business. In the field of digital money, the risks are even higher, since the market can rise or fall by tens of percent per day. This often leads to the liquidation of hundreds of millions of dollars worth of positions on crypto exchanges.

To trade safely in any markets, you need to master risk management, in order to reduce the possibility of losing your deposit, you first need to determine the risk per transaction and be prepared for a series of unprofitable transactions.

The market is unpredictable, everything must be calculated. The risk per trade should be calculated as a percentage, since the increase in the deposit will increase the amount of risk in dollars. The larger the deposit, the lower the risk. Traders apply between 0.5% and 5%. With aggressive trading from 10% to 20%, but with such a risk "there should be a good feeling."

“When you clearly know how much you are risking in a deal, you can calculate the volume from market conditions. The calculation requires the expected price of entering the market and the price for placing a protective stop (you take the data from the chart after analysis). Target levels for profit fixing are set in a ratio of 1 to 2 and higher (loss / profit). Experience shows that the calculation of the lot volume from the stop is the most profitable.

To comply with the risks, you also need an appropriate deposit, otherwise you will have to increase the risk per trade in order to suit the profit. It is better to replenish the deposit monthly from other incomes until it becomes clear that trading brings sufficient income. It is important to achieve a stable result as a percentage of the initial deposit, the specialist concluded.
Investment
One of the most understandable ways to make money on cryptocurrency is investing. Just buying any cryptocurrency is not enough. Due to the high volatility and the large number of projects, there is a high probability of investing in coins that will not show growth or even become worthless. Nikolay Klenov, an analyst at the Raison Asset Management investment company, gave 4 tips on how to minimize risks and make the investment as efficient as possible:


Diversify - don't buy only bitcoin, or only ether, or only XRP. Collect a portfolio of different cryptocurrencies;
Manage risks: control the volume of entry into a position, limit losses (stop losses). The investor must clearly understand what part of the deposit he is ready to lose if the asset goes down. The portfolio “sagging” by 20-30% is not fatal, but 50-70% is difficult to win back;
Invest long term. In the case of cryptocurrencies, I would recommend investing for 3-5 years or more instead of speculating or scalping;
Explore assets and the market: Without quality knowledge, you can only hope for luck.
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