Investing in cryptocurrencies is a high risk/high return activity. There is currently no other asset class that is this lawless yet has such high returns potential — as this year’s exuberant price rallies of bitcoin (BTC) and ether (ETH) illustrate. Bitcoin rallied by over 720 percent while ether has rallied by over 4,300 percent year-to-date. With high reward comes high risk, however, and crypto investors face a multitude of them in this largely unregulated and immature market.
Risk minimization strategies for trading cryptocurrencies
Investing in cryptocurrencies is a high risk/high return activity. There is currently no other asset class that is this lawless yet has such high returns potential — as this year’s exuberant price rallies of bitcoin (BTC) and ether (ETH) illustrate. Bi…