Video: Know Your Crypto Risks
Every investment strategy comes with risks. The key to successful investing is knowing the levels of risk ... and your personal tolerance.
Why take on more risk? Because, as Chris Coney says in this week’s Weiss Crypto Sunday Special,: “Reward and risk usually go hand in hand.”
The risks inherent in the crypto markets are different from more traditional investments. According to Chris ...
The further away you go from base assets — like Bitcoin (BTC, Tech/Adoption Grade “A-”) or Ethereum (ETH, Tech/Adoption Grade “A”) — the more your risk profile increases. Now, while the risk level might go up in lockstep as you go further away from these base assets, the reward may not.
In this week’s Sunday Special, Chris reveals the four levels that make up his risk/reward model, how investors can identify what risk level an asset is on and if it’s possible for assets to move up or down levels.
Don’t miss out on this invaluable insight. Watch the Sunday Special now.