Why do most people lose money in crypto? 💸

The answer is simple: they don't know how to manage risk. The excitement of winning quickly can make them forget to protect their money. This, combined with greed, is a recipe for disaster.

Risk management is key because in the world of cryptocurrencies, prices rise and fall very quickly. How can you avoid common mistakes?

1. Invest only what you are willing to lose: Never use money for basic needs or debts.

2. Diversify: Don't put everything into a single coin or project. This way, if there is a coin that drops significantly, it won't affect you as much as if you had all your money in it.

3. Use stop-loss: This helps you limit your losses if the price falls. This point is for those who trade futures.

4. Don't let greed control you: set price targets for a coin and sell that coin or part of the coins at that price. Be careful with wanting more profits as sometimes less is more and more is less.

5. Be patient: The crypto world may seem like an easy and quick way to make money, but it is not.

If you learn to manage risk and control greed, you will protect your capital and have more opportunities to grow in this world. Always remember to research before investing.