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How to protect your crypto in a volatile market: Bitcoin OGs and experts weigh in

Published 08/30/2023, 09:30 AM
Updated 08/31/2023, 10:00 AM
How to protect your crypto in a volatile market: Bitcoin OGs and experts weigh in

Crypto is a volatile place. Money can be as easily lost as made through the ups and downs of Bitcoin and the wider market, and there are massive decisions to make. Should you just hodl invest and do nothing or actively trade the market? How many coins should your portfolio hold? Self-custody or keep your funds on an exchange with pre-determined stop losses?

Basically, how do you protect your stack from the million and one things that can go wrong? We asked Bitcoin OGs and experts in the space for their advice and opinions.

Itai Avneri, deputy CEO and chief operating officer at INX Limited (Supplied)
Tim Draper, founder of Draper VC, chatting with journalist Jillian Godsil.
Brock Pierce, chairman of the Bitcoin Foundation (Supplied)
A stop loss can prevent further losses. (Pexels)
Lakov Levin, a co-founder of Locus Finance (Supplied)
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Jonathan DeCarteret, CEO of Bumper (Supplied)
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