$BTC
"3 Smart Ways to Protect Your Profits in BNB During Volatility"
Your Guide to Avoiding Losses: Stop-Loss Strategies That Save You During Crises
In the volatile cryptocurrency market, crises can appear suddenly and surprise even the experts. One of the most important tools to protect your balance is the Stop-Loss strategy. In this updated guide, we present you with three advanced strategies supported by live examples and practical experience.
1. Smart Fixed Stop-Loss:
Set a fixed selling price based on historical volatility (ATR).
Calculate the 14-day average true range, and set the stop-loss 1.5 × ATR from the entry price. Example: If ATR = $3, set the stop-loss $4.5 below the entry price.
2. Adaptive Trailing Stop-Loss:
Moves automatically with the price using a momentum indicator.
When the price rises by 2%, it moves the stop-loss by 1% to lock in profits. Experience: A trader entered BNB at $350 and exited after it rose to $400, protecting a 3% gain thanks to the stop-loss.
3. Dual-Layer Stop-Loss:
Combine a fixed order at a support level with a trailing order to protect profits.
Example: Place a fixed order at $375, and if the price rises by 5%, activate a trailing order that retains 2% of the profits. Tip: This method protects you from sudden drops and keeps a portion of the gains.