$BTC Risks

Some risk management measures when trading BTC:

Set stop-loss and take-profit levels — stop-loss is a pre-set order to sell BTC when the price drops to a certain level, take-profit ensures profit is locked in when the price reaches a certain target.

Start small — if the trader is a beginner, start with small positions to get accustomed to market dynamics.

Maintain a trading journal — record each trade, including entry and exit points, reasons, and outcomes. Over time, this will help identify patterns and improve the decision-making process.