Risk is a phenomenon that arises from circumstances. These circumstances are might be changes taking place in overall economic situation of the world where you are able to identify the potential outcomes and even their likelihood of occurrences without being sure which will actually occur.
In order to clearly understand, the outcome of tossing a coin can be best example of risk. Meaning, before throwing the coin you know that the outcome will be either head or tail but you are not sure which one will actually occur in any particular throw though each with equal chance of occurrences.
Unlike to risks, uncertainty is difficult areas that you could not simply able to identify all and or perhaps not even any of the possible outcomes of business environment and you are still less able to assess their likelihood of occurrence.
In practical, as crypto investor, you can make the best to assess the nature of each crypto currencies, playing grounds of each digital markets to identify as many possible feasible outcomes including each outcome’s likelihood occurrences that maximizes your investment decision in crypto market crypto world.
That is the way how you apply the science of risk management as risk-averse investor. But is there a way; scientific way to learn for uncertainty circumstances?
No!!!
That is the reason why today’s world economic situation is being affected by the current global issue.