📌 What is a Stop-Loss Order? And when do you use it?

🔒 A stop-loss order is an important tool to protect your money from significant losses.

👈 How does it work?

You set a specific price, and if the currency drops to it, it is sold automatically.

🧠 Example:

You bought BTC at a price of 30,000 USDT

You set a stop-loss order at 28,000

↪️ If the price drops to this level, it will be sold automatically to minimize your loss.

✅ When do you use it?

– When day trading or short-term trading

– If you are afraid of significant losses

– When you cannot constantly monitor the market

⚠️ Note: It is not recommended to use it in long-term investments.