Regarding stop-loss, it is a mandatory lesson for everyone. Not using stop-loss or setting stop-loss is equivalent to running naked.

Initially, I thought the price would rise

But it went in the opposite direction

Recognize the situation and clarify the meaning

It's not just about stopping losses but also about reducing positions

When the price trend is unexpected, making contrarian decisions starts with deciding on a stop-loss strategy; unexpected trends must have a stop-loss.

A break of the lifeline and an important support level are signals for stop-loss.

There are two methods for stop-loss:

1. Direct stop-loss when the cost price is broken.

2. Set a stop-loss range and develop corresponding strategies.

Combining individual market cycles, trends, funds, and positions, there are two forms of stop-loss: full position stop-loss and partial position stop-loss.#BTC☀️