Does the value of my holdings in cDAI fluctuate over time and if so how can I protect myself from losses due to market volatility?
Yes, the value of your holdings in cDAI can fluctuate over time due to market volatility.
To protect yourself from losses due to market volatility, you should diversify your portfolio by investing in different types of assets and by setting stop-loss orders. Additionally, you should monitor the market closely and adjust your portfolio accordingly. You can also use hedging strategies such as options or futures contracts to reduce the risk of losses due to market volatility.
Finally, it is important to remember that no investment is risk-free and that you should always be prepared for potential losses.
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