Jakarta, Pintu News – Worldcoin has experienced a dramatic decline of more than 46% since its peak in May. This reminds investors of the importance of paying attention to macroeconomic and micro conditions in anticipation of the next downturn.
As reported by Coingape, here are some suggestions from experts that can help preserve the value of your investments and avoid any market stress that may occur again!
Worldcoin’s daily token release has caused 5 million WLD to flood the market, adding to selling pressure. It is important for investors to monitor tokenomics through platforms such as TokenUnlocks or Dune dashboards.
Choosing a crypto with the best tokenomics is key to a successful investment. Not only does this monitoring help identify potential selling pressure, but it also provides insight into when it might be the right time to buy or sell. With this information, investors can make more informed decisions and avoid huge losses.
Also read: MicroStrategy Profit Predicted to Skyrocket in Q3, Supported by Bitcoin Price Increase!
Worldcoin has come under negative scrutiny in several regions, including investigations by data protection authorities in France and the UK in 2023. Countries like India, South Korea, Kenya, and Singapore are also reconsidering the platform. Investors should treat these investigations as a warning.
Ignoring these warning signs can be fatal to an investment portfolio. Therefore, it is important to stay updated with the latest news and understand the potential impact of any regulatory developments on your investments.
Also read: CryptoQuant: “Bitcoin’s time to shine, altcoin season may be over!”
Volatility in the crypto market is inevitable, but risk exposure can be minimized. Using risk management tools provided by exchanges, such as LBank with Trading Guarantee and multi-layered take-profit/stop-loss triggers, can help limit losses during sudden market crashes.
In addition, focusing on platforms that have strong risk management features is essential. Tools such as AI-powered portfolio insights and volatility alerts can help investors make more informed decisions and reduce the potential for large losses.
By heeding the advice of experts and implementing the right strategies, investors can protect themselves from market volatility and capitalize on opportunities that arise. Remember to always be prepared with spare capital and maintain a calm mind to be able to re-enter the market after a downturn.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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