Risk Management Perspectives – Lessons from the Balance Sheet
Title: From BitMine's Fall: How to Manage a Portfolio When the Market Turns?
The story of BitMine losing billions of USD is a costly lesson for anyone who is overly enthusiastic about an all-in strategy. The situation is such that even a publicly listed company with a team of top experts faces difficulties when the market goes against expectations. Their accumulation of assets right before the plunge on 01/02 shows that human predictions always have errors, even if it's Tom Lee. #anh_ba_cong
For you, risk management at this moment is a matter of survival. Don't imitate large organizations by indiscriminately accumulating assets if you don't have hundreds of millions of USD in passive income like they do to cover losses. Split your capital, limit the use of high leverage during this sensitive period because the chain reaction from forced liquidation orders can push prices further than expected. The fact that ETH provides staking profits of 400 million USD each year for BitMine also does not mitigate the 4 billion USD drop in portfolio capitalization. Keep a safe exit strategy and only invest more when macro signals are truly stable again. $ETH
