š¢ Surviving the Market Crash ā A Wild Ride
Looking back, I honestly donāt know how I made it through the crash. I took a hit overnight when $BTC dipped, thinking that was the bottomāso I opened a long position, only for my stop-loss to trigger shortly after. Frustrated, I called it a night.
Early in the morning, I woke up for prayers and checked the marketāonly to witness an even bigger crash unfolding. Seizing the opportunity, I managed to recover some losses, but it was nothing short of a rollercoaster ride. The marketās volatility was extreme, and anyone caught off guard could have been liquidated in seconds.$XRP $BNB
One key takeaway? Always use a stop-loss. I saw traders losing their entire savings, with some down over $7Kāan unimaginable amount for those in developing economies. Risk management isnāt just a strategy; itās the difference between surviving and being wiped out.
#CryptoVolatility #RiskManagement #StopLossSaves #ADA #TradingLessons