📍What is a Stop-Loss?: A stop-loss is a preset price level where you automatically sell a cryptocurrency to limit losses if the price drops.
📍Protects Your Money: It prevents big losses by closing your trade before the market falls too far, saving your capital.
📍Reduces Emotional Decisions: Crypto markets are volatile, and a stop-loss helps you stick to a plan without panic-selling during price dips.
📍Manages Risk: It controls how much you’re willing to lose on a trade, keeping your overall portfolio safer.
📍Improves Discipline: Using stop-loss encourages consistent trading habits, avoiding impulsive moves based on market swings.
📍Adapts to Volatility: In crypto’s fast-moving markets, a stop-loss ensures you’re prepared for sudden price changes.
📍Boosts Confidence: Knowing your losses are limited lets you trade with more peace of mind
