The cryptocurrency market is constantly fluctuating, so setting a stop loss is essential for every trader. By determining a stop loss price in advance, you can avoid being influenced by emotions when the market reverses. For example, if you buy $ETH at $3,000, you might consider setting a stop loss at around $2,800, which is an acceptable loss level. Additionally, traders can combine a trailing stop to lock in profits when the price moves in the right direction. Trading crypto is not just about 'buying low, selling high' but also about effectively protecting your capital. #StopLossStrategies