Exactly, it is important to have a risk management strategy.I usually use limited orders to buy at levels that I think are key, so I do not expose myself to too much volatility.
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Exactly, it is important to have a risk management strategy.I usually use limited orders to buy at levels that I think are key, so I do not expose myself to too much volatility.
Limited orders are great not to panic.So you don't have to be attached to the screen and you can enter safer levels without worrying about volatility.
Has anyone tried to buy in correction phases in Altcoins?I wonder if the corrections in Altcoins are more dangerous than in Bitcoin.
Altcoins are a separate world.Altcoins corrections can be much more brutal than in Bitcoin, but also recover faster if the project is solid.Of course, it is a high -risk game.
Altcoins are definitely more volatile.Corrections can be much more pronounced, but also recoveries can be faster.It depends a lot on the project and its community.
Precisely, in Altcoins the risk is greater.If you are not sure of the project, better stay in Bitcoin or Ethereum, which are more stable.Do not risk projects without future.