Importance of capital protection while making more money

in LeoFinance9 months ago

In today's world making money is becoming easier as compared to the past, we have more ways and opportunities to make some money from the internet especially with the help of blockchain, AI, artificial intelligence and other things like cryptocurrency etc

But most important thing is a protection of capital or money you already earned or have, we have so many fake projects, useless coins and tokens available in the market which may become the reason of losing all the capital and money you have

Remember don't invest everything you have in one project or way of earning, for example leverage trading some people all losing everything they have in leverage trading again and again


Source

As a cryptocurrency traders and investors we should always understand the risks associated with any service, project or platform we are using to make more money, some ways are very risky as compared to other. We all knows leverage trading is risky as compared to Sopt trading but still mostly people preferred leverage trading due to greed

Remember when you have capital you have always a chance to try anything online to make more but if you have nothing you will have to do to much work to get some free money, some peoples have hundreds of dollars one day and they don't even have gas fee to perform a transaction on the blockchain on another day after losing everything in a scam or something risky like gambling or leverage trading

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It's good to always make smart investing choices when you have some funds. I know sometimes we let it get into our head causing us to pursue market hypes and before you know it, bubbles everywhere. Thanks for the update.