It's easy to set limits on Phoenix, especially for yield mining. Since yield farming can be risky, I make sure to set clear limits on how much I invest in a specific digital currency. I only use money that I can afford to lose because crypto farming is known for being risky, and more people end up losing money than not.
To be smart about it, I don't put all my money into just one type of cryptocurrency. I create a mix of different projects, each with its own level of risk. It's like not putting all your eggs in one basket. And when it comes to each specific cryptocurrency, I make sure to risk only 1-2% of my total money. This way, I can handle the ups and downs of the crypto market while reducing the chance of big losses.
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