How to Make Risk Free Money From Cryptocurrency

[Mika]

There is no doubt that cryptocurrency can make you rich, however, you also need to remember entering the crypto arena requires caution, if you get into crypto just because of impulsiveness, you might lose your entire investment. That’s because crypto is very volatile assets. Likewise, without significant capital to trade or invest, the path to profits from crypto market can be long and winding. If you're determined to explore crypto, consider combining crypto investment with your existing financial instruments rather than relying solely on its unpredictable market. By the way, what strategies do you use to make risk free money from crypto market.

 

[Shaf]

The safest way to start investing in cryptocurrency is buying Bitcoin and Ethereum. They have lower risks but lower returns as well.

Most people get enticed into crypto by the promise of100x or 1000x returns though, which they learn they can't get from this two coins.

A reasonable approach is to put majority of one's portfolio is large and mid caps coins, then gamble 20% or less on risky coins, taking profits often and buying more Bitcoin.

 

[ImamShaheb]

There is no doubt that cryptocurrency can make you rich, however, you also need to remember entering the crypto arena requires caution, if you get into crypto just because of impulsiveness, you might lose your entire investment. That’s because crypto is very volatile assets. Likewise, without significant capital to trade or invest, the path to profits from crypto market can be long and winding. If you're determined to explore crypto, consider combining crypto investment with your existing financial instruments rather than relying solely on its unpredictable market. By the way, what strategies do you use to make risk free money from crypto market.

Nope, there isn't any risk free method on Crypto. Either you manage the risk properly or get rekt. But yeah, DCA is one of my fav strategy, I do that often on Bitget.

 

[ImamShaheb]

The safest way to start investing in cryptocurrency is buying Bitcoin and Ethereum. They have lower risks but lower returns as well.

Most people get enticed into crypto by the promise of100x or 1000x returns though, which they learn they can't get from this two coins.

A reasonable approach is to put majority of one's portfolio is large and mid caps coins, then gamble 20% or less on risky coins, taking profits often and buying more Bitcoin.

The thing is, it's true ETH & BTC are safer than others but ...
Those are for Big players, if you're portfolio is super small then I'm sorry but you have to go for low caps, those are the places where most of the money is made! Example...

 

[Leah Kelvin]

Crypto money can be made, but it is important to never forget that risk does not completely leave the market. Cryptocurrency markets are known for their volatility and can be unpredictable. Nonetheless, there are several strategies that can possibly help in lowering investment risks in cryptocurrency.

1. Educate Yourself: Take the time to learn about cryptos, blockchain technology, and whichever project or coin you want to put your money into before investing. Knowing the basics of the currency and its behavior in the market will help you choose well.

2. Diversify Your Portfolio: Instead of placing all your investments on a single crypto-currency, think of spreading out among different cryptocurrencies in order to reduce risks. So doing helps cushion against unbearable losses should one coin do badly.

3. Set Realistic Goals: Define your goals for investment and set targets that make sense. Avoid being swayed by hype and prepare for possible downturns in the market. It’s important to have a long-term perspective rather than expecting overnight returns.