#StopLossStrategies

In trading, having a solid stop-loss strategy can be the difference between success and disaster. A stop-loss is an order placed to sell a coin when it hits a certain price, helping you minimize your losses. For example, if you buy Bitcoin at $60,000, you can place a stop-loss at $58,000. If the price drops, your position will automatically close, preventing further loss. Traders often use percentages—like 5% or 10% below the purchase price. This helps control emotions and stick to a plan. Remember, capital protection is key. #StopLossStrategies save you when the market turns against you.

#StopLossStrategies #