How to protect your principal and maintain combat effectiveness through 'stop-loss'?
Stop-loss is the simplest yet hardest discipline to adhere to in the cryptocurrency world.
Many newcomers are reluctant to stop their losses, fearing that 'cutting losses' will cause them to miss a rebound, resulting in even larger losses.
Experienced traders understand that stop-loss is not admitting defeat, but rather protecting their capital to continue fighting.
Setting reasonable stop-loss points is key to risk management, helping to prevent small losses from turning into large ones and reducing emotional burdens.
Every stop-loss is an opportunity for a fresh start.
Only by protecting the principal can one qualify for aiming for greater returns.
Learning to stop-loss is an important sign of becoming a mature investor.
