#Important 👉👉Solana is a fast and popular blockchain, but like all crypto assets, it also comes with risk. That’s why basic risk management is important.
1. Invest only what you can afford to lose
Crypto prices can move up and down quickly, so avoid using money meant for daily needs.
2. Don’t put everything into one coin
Relying only on Solana can be risky. Keeping a balanced portfolio helps reduce overall risk.
3. Avoid emotional decisions
Don’t buy just because the price is going up. Take time to think before entering a trade.
4. Using a stop-loss is a good habit
It helps limit losses if the market suddenly moves in the opposite direction.
5. Stay updated with news and network updates
Solana network changes or general market news can affect price movement.
6. Be careful with short-term hype
Social media trends can be misleading. Always do your own research.
7. Think long term
Daily price fluctuations are normal. Patience is important in the crypto market.
Note: This content is for general information only and does not represent financial advice. Always do your own research.
