#StopLossStrategies

A stop-loss strategy in crypto is vital for managing risk. Employ a fixed stop-loss at a specific price below entry, or a percentage stop-loss, risking a set portion of your capital. Volatility-based stop-losses, using tools like ATR, adapt to market swings. A trailing stop-loss dynamically adjusts with price increases, locking in profits. Consider a stop-limit order for price control, though execution isn't guaranteed. Placing stop-losses below significant support levels can also be effective. Always factor in market volatility, your trading timeframe, and risk tolerance. Avoid obvious levels to prevent stop-loss hunting. Consistent use of a well-thought-out stop-loss strategy is crucial for capital preservation in crypto trading.