Stock market investors will soon celebrate their profits in 2017 with a double-digit increase in Wallstreet all the way to Asian markets especially Hong Kong. This does not include Bursa Malaysia as it still failed to pass the 2,000-point level with market concerns over the 2018 election.
We forget Bursa Malaysia and see how the profits made by investors on Wallstreet with the three largest exchanges (S & P500, Nasdaq, and Dow Jones) have repeatedly surpassed the highs since before the U.S. presidential election. last year.
Even with such a good increase, it still cannot match the rise of Crypto-currencies especially Bitcoin which has risen many times since the beginning of this year.
How can Crypto investors be confident of investing in a digital currency where not many sources of information are available? How come investors on Wallstreet can’t read the Crypto-currency rise?
There are also reports that there are investors who sell entire assets to invest in Crypto-currencies. Some are willing to sell everything to be invested in Bitcoin simply do not want to miss the second wave of Bitcoin rise.
With gambling action as if gambling, here are 4 tips for you to protect your money from the fall of the market even if you are a Bitcoin investor. These tips and advice are provided by the Stanberry research body:
1. Balance your investment portfolio. Do all your investments include digital currency only? Balance or diversify investment portfolios such as stocks.
2. Discipline with Stop Loss level. Release the unfavorable position. It is better to lose in battle than to survive and lose in a war.
3. Save cash. It may be a less attractive asset this decade, but it is among the safest and easiest to use. If the price of assets falls at some point later, cash can still be used as it is today.
4. Carefully place investments in assets that have the potential to plummet. Stanberry recommends safe position sizes and urges you not to risk more than 2% of the available capital in a single trade.
If you only put a 2% risk in Crypto investment for example, even with the currency falling to the empty level you only suffer a maximum loss of 2%.
