Mika
VIP Contributor
Investing involves risks. There is no investment that is 100 percent secured or full proof. However, there are some investment areas that have lower risks and some investments have higher risks. How do you manage risks in investment?
Research: Thorough research is essential to identify legitimate platforms and profitable assets. When you research before you invest you will have a better understanding of potential benefits.
Diversity: If you invest in one asset and the company goes bankrupt, you will lose your entire investment. However, if you have invested in half a dozen assets, you will still some something left even when half of your investment goes wrong.
Research: Thorough research is essential to identify legitimate platforms and profitable assets. When you research before you invest you will have a better understanding of potential benefits.
Diversity: If you invest in one asset and the company goes bankrupt, you will lose your entire investment. However, if you have invested in half a dozen assets, you will still some something left even when half of your investment goes wrong.
