#BinanceSafetyInsights #StopLossStrategies A stop-loss strategy on Binance is a risk management tool that allows traders to automatically sell a cryptocurrency when its price drops to a predetermined level. This helps limit potential losses and protect investment capital. There are several types of stop-loss orders available on Binance, including the basic stop-loss, stop-limit, and trailing stop orders. The basic stop-loss triggers a market sell when the price hits a specific level, while a stop-limit order sets both a stop price and a limit price, offering more control but less certainty of execution. A trailing stop, on the other hand, adjusts dynamically with the market price, locking in profits while minimizing losses. Implementing stop-loss strategies is essential in volatile markets like crypto, where prices can swing dramatically in a short time. Traders often base their stop-loss levels on technical indicators, such as support and resistance levels, moving averages, or percentage-based thresholds. A well-placed stop-loss not only protects traders from emotional decision-making but also allows for more disciplined and systematic trading.