Hello everyone, How are you all? I hope everyone is fine and doing great in their life.
The crypto market comes with a lot of opportunities, but you must understand that risk management and opportunities should have a clear line between them.
When you learn how to manage risk and participate in opportunities in a balanced way, you will find yourself on the safer side, making profits. However, if you do not know how to balance these two, you will end up losing money and regretting it later when you see other strong tokens going up.
Let me share a real example from my own experience. Recently, I bought the SUI token, which is one of the strongest tokens in the market. My loss there is less than 15–20%, while on tokens like Fartcoin, my investment is down by almost 50%.
Many people were talking about Fartcoin, and it was trending, but when it comes to real use cases, tokens like Ethereum, SUI, and BNB do not fall drastically. Your money remains relatively safe in them.
In fact, I believe Ethereum is even safer compared to SUI or any other strong token in the market. So, this is how you should plan your investments. Make sure you invest only a small amount in high-risk tokens and keep the majority of your investment in safer tokens like Ethereum, SUI, and ENA.
This section is for the games I play on Hive blockchain. You are free to skip this section if you are not interested in reading about the games here. So, I first opened my Terracore base you can see in the screenshot below. There I am with the penalties.
To get rid of the penalties we upgraded our damage stat and after that we used our attacks and the results for the same are shared in the screenshot below. We won good amount of scraps today.
From my golem overlord base the attacks I performed were the worst attacks so far as I used 19 attacks and only won 1200 parts and after the claim bonus that reached 2000 parts as you can see in the screenshot below.
That is what we have to go through when we do not pay attention to our base properly.
Thank You and make sure to check Crypto Company CEO services as I recently shared in my blog. You can simply click on the picture below and it will take you to their official website.
