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🛡️ Crypto Tip of the Day – Binance Square

What is a Stop‑Loss?

A stop‑loss is a tool that helps traders protect their money.

- You set a price below your entry.

- If the coin falls to that price, the trade closes automatically.

- This way, you limit your loss instead of watching your balance drop.

📌 Example:

If you buy ETH at $2,450 and set a stop‑loss at $2,380, your maximum loss is $70 per coin.

💡 Why it matters:

- Protects your capital

- Reduces stress

- Lets you trade with a clear plan

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✅ Pro Tip: Always decide your stop‑loss before entering a trade. Don’t move it lower out of fear.

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BinanceSquare #CryptoTips #StopLoss #TradingBasics