DUMPING IN SIGHT?😡

🕵️‍♂️🔥 🌶️🔪 💻🤫 The key to not falling into the trap lies in a super important tool: the Stop Loss (SL) and the Take Profit (TP). They are like your bulletproof vest and your treasure map! 🛡️🗺️

What are SL and TP and why are they your best friends? 👑

Imagine you're in a casino and you've bet on a number. If you win, great! But if you start to lose, you need to know when to walk away before losing it all, right? 🤯 Well, that's how Stop Loss and Take Profit work.

⭐ Stop Loss (SL): The bulletproof vest 🛡️

The Stop Loss is an automatic order you give to the platform to sell your cryptocurrency if its price drops to a specific level. 📉 It's like telling it: "Hey, if this coin drops to $1.40, sell everything so I don't lose more money!". 🛑 This protects you from sudden and huge drops, like those that happen after a dumping. In the case of the image, if you bought when the price rose to $1.52, you could set a Stop Loss at $1.45 to protect your capital if the price crashes.

* Take Profit (TP): The treasure map 💰

The Take Profit is the opposite. 📈 It's an automatic order to sell your cryptocurrency if its price rises to a level you consider a good profit. 🤑 You tell the platform: "If this coin reaches $1.65, sell it and take my profits!". 🎉 This way, you don’t have to be glued to the screen and you ensure you take your money before the price drops, avoiding the greed that sometimes makes us wait too long. It’s perfect for taking advantage of those unexpected rises!

How to apply them in the "mystery" of dumping? 🕵️‍♂️💸