Always remember to carry out risk assessment

[eldavis]

Before going into any kind of investment, no matter how small or big the investment might be, or how much profit you stand to gain. Always ensure you carry out risk assessment before investing. Take time out make some research on the amount of risk involved in that investment and if you are okay with it before carrying out your investment. Don't just invest because others are into it or cause it is currently trending.

 

[Starmix]

That is right, we must not trust the day as productive because there might be a sudden problem that may occur so suddenly, a risk that might give you a headache.

 

[nomad]

You should not only analyze the asset you are investing but also analyze your risk tolerance level. You need to see how much losses can you bear if your investment goes wrong.

 

[Starmix]

It is good to always be prepared for whatever risks you may face to avoid panic. Planning is the best and it must be included in the planning the possible risks to combat.

 

[Ofonime]

Its better to carryout risk assessment in what ever you venture into and I can tell you it's what will determine if you will profit from that business If you don't check ratio of risk you will encounter set back on your business it's might not really be immediately

 

[cherry123]

We need to always do this. you should know the risks involved in a business or an investment before going into it.

 

[Starmix]

It's best to know your risks tolerance, that's one way to escape burden of risks. Know the investment you have and the possible risks to combat.

 

[Ratine]

I think that is very ideally when starting out the trading in the crypto currency, or the forex exchange.