According to @CryptoCred, consistently managing your risk is crucial for crypto traders to protect capital and maximize long-term gains. Effective risk management strategies, such as setting stop-loss orders and limiting position sizes, help traders avoid significant losses in highly volatile cryptocurrency markets (source: @CryptoCred on Twitter, 2024-06-01). Implementing disciplined risk controls supports better decision-making and enables traders to withstand market downturns, directly impacting profitability and portfolio resilience.