When engaging in the cryptocurrency space, one must be prepared for the possibility of losing everything at any moment.
It's important to understand that:
Anyone, any project, and even any exchange could potentially abscond at any time, and this likelihood is not low, given the numerous incidents that have already occurred.
Despite this, we must continue to work in this industry. Risk and reward coexist.
Our risk mitigation strategy should be not to put all our eggs in one basket. Spread your assets across different exchanges and multiple blockchain wallets.
Diversify your investments in various projects as well. This way, even if someone does abscond, it won't be devastating.
In essence, we are betting on the continuous improvement of this industry.
As long as the future market outlook is bright, making money is just a matter of time.
