#StopLossStrategies Setting a stop loss is one of the smartest ways to protect your crypto portfolio — especially in such a volatile market. Here's how to do it in a few easy steps.

First, decide how much you're willing to risk on a trade. Most traders use a percentage — say, 5% to 10% below their entry point. This way, if the price drops past that level, the stop loss triggers and limits your losses.

Second, place the stop loss right after entering your trade. Don’t wait. Market moves can be fast, and hesitation could cost you.