A solid stop-loss strategy is essential in navigating the crypto market's notorious volatility. Whether you're day trading or holding short-term positions, defining your risk tolerance can save you from major losses. It’s not about being perfect—it’s about protecting capital. Stop-loss orders help remove emotion from the equation, keeping your strategy disciplined even during extreme price swings. In choppy markets, especially with assets like ETH, using trailing stops or fixed percentages can help lock in profits while limiting downside.
Never enter a trade without knowing your exit.