A key risk factor for Terramax users is the non-custodial nature of their investments. This means that once users transfer capital from TokenPocket to Terramax, they relinquish control over their funds for a 90-day lock-up period. While Terramax has demonstrated promising signs of a legitimate business, it's crucial to approach the platform with caution and implement risk mitigation strategies.
Minimizing Risk through Strategic Withdrawals
To mitigate the potential risks associated with Terramax, consider implementing the following strategies:
Leveraging TokenPocket for Secured Funds
By keeping a portion of your investment funds securely in TokenPocket, you can maintain control over a portion of your capital while still allowing Terramax to manage the funds allocated for compounding and account growth. This strategy provides a balance between maximizing potential returns and safeguarding your investment.
Remember, managing investment risk is an ongoing process. Regularly evaluate your risk tolerance and adjust your strategies accordingly.
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