00:00Making money in crypto isn't difficult, but saving money can be difficult without understanding crypto's volatility.
00:06Have you ever seen Bitcoin or any other crypto go up sharply in a short period of time?
00:11And then suddenly there's a sharp decline.
00:14Why does this happen after all?
00:15Why is there so much volatility in crypto?
00:17And the most important question
00:19Can this volatility be controlled?
00:22Let us understand this in simple language.
00:24The first reason is the balance of demand and supply.
00:27When the number of hairs purchased increases
00:29So the price can go up rapidly.
00:31And when selling pressure increases
00:33So the price may come down rapidly.
00:35Second Waza Market Sentiment
00:37Fear, grief, news and social media can have a very sharp impact on crypto prices.
00:43Third Waza Liquidity
00:44Liquidity is not the same for every crypto asset
00:47Larger orders in assets with less liquidity can mop up the price more quickly
00:52And the fourth is leverage.
00:54When people trade with borrowed money, even a small price movement can become a big profit or a big loss.
01:00Is
01:17Before investing in crypto, check this. Be careful with leverage, especially if you are a beginner.
01:24Can make your wrist grow very fast
01:28Concentrating all your capital in a single asset can increase returns
01:33Don't get involved in FOMO if crypto suddenly goes up very fast, just because
01:38Don't buy it, if you don't buy it now, you'll lose the chance.
01:40Determine your maximum loss first.
01:43Before investing, ask yourself what if this money reduces significantly or is completely gone.
01:48I can handle it financially.
01:50If the answer is no, then your position is probably larger than your risk level.
01:53Most importantly, don't try to control crypto volatility.
01:58Control your position, size, leverage, risk and emotions
02:02Because the market is not in your control but your risk management is in your control.
02:07If you want to learn crypto without hype and in simple language
02:10So do follow and subscribe to nochat finance now.
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