Yesterday's sharp drop made you realize the importance of stop-loss, right? For most people, stop-loss actually doesn't require much skill; a strong stop-loss is enough. For example, if a coin drops to a point that you can't stand anymore, that's your stop-loss point. The difficulty lies in the fact that people are extremely prone to falling into the sunk cost trap, making it harder to stop-loss the more it drops!

This can't be taught; it can only be understood after a lot of painful experiences! #Finance #Crypto #Blockchain # #比特币价格走势分析 #非农数据大幅超出预期 #本周微策略是否继续增持BTC?