How to Use Stop-Loss to Protect Your Crypto Investments 🛡️
1. Crypto markets are highly volatile, making risk management essential.
2. A stop-loss order automatically sells your asset if the price falls to a set level, limiting losses.
3. Proper stop-loss placement balances protecting capital and allowing normal price fluctuations.
4. Using stop-losses helps reduce emotional trading decisions during market swings.
5. Incorporate stop-loss strategies for safer, long-term crypto trading success.
Do you use stop-loss orders in your trading?
Share your best risk management tips or stories below!
A Picture Showing SL and TP OF a Trade
