#BTCBreaksATH

Using Stop-Loss Orders to Manage Risk

Crypto markets are volatile, and I quickly learned that risk management is as important as making profits. I used stop-loss orders on Binance to minimize losses when trades didn’t go my way.

My Strategy:

For every trade, I set a stop-loss at 5-10% below my entry price.

This ensured I never lost more than I was comfortable with.

Pro Tip: Binance’s advanced trading features allow you to automate your stop-loss orders, so you’re protected even when you’re not actively watching the market.