#StopLossStrategies You bought Bitcoin at $30,000, but the market is starting to drop. 😬 This is where the Stop-Loss comes in: an order that automatically sells your position when the price reaches a level you have defined, helping you avoid greater losses. 🚨

Although my approach has always been holding (long-term holding) and not so much trading, I have decided to try Stop-Loss on several occasions, both on exchanges and brokers, mainly to understand how to manage risk. In the end, on a couple of occasions it helped me protect my investment and avoid bigger losses. 🙌

It is a tool that not only works in the crypto world but also in traditional markets, and although it is not always necessary to be glued to the chart, knowing how to use it can make a difference. It’s always good to learn a little more! 💪📉