CZ shares risk management advice: identify the worst outcome, evaluate the number of attempts, and ensure full awareness

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ODAILY
05-20
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Planet Daily News: CZ shared risk management advice on X platform. He suggested three key points to consider before investing: first, contemplate the worst-case scenario and whether one can maintain their livelihood if assets become zero; second, assess the number of attempts one can afford; third, determine if one truly understands the decision being made, and if not, learn the relevant knowledge first. CZ pointed out that rational risk management is crucial for long-term survival.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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