šØ How I Saved 12% (and My Sanity) with a StopāLoss šØ
Couple of weeks ago on Tuesday(as far as an remember) I woke up to a 20% crash in the altcoin Iād been holding since June. My heart sankāuntil I remembered the stopāloss Iād set at 5%. Instead of nursing a 20% hole in my account, I only lost 5%, which meant I could reload later without wiping out my balance.
What I learned:
Treat your stopāloss like insurance. Itās not a sign of weakness to admit you donāt know where the market will go.
Tune it to each coinās volatility. I use 2% for Bitcoin, 8ā10% for smaller tokens, and even 12% for ultraāhighābeta plays.
Review it after every big move. After that crash, I bumped my stopāloss to 7% since volatility spiked.
In crypto, preserving capital beats chasing every 20% moonshot. A wellāplaced stopāloss can be the difference between staying in the game and going brokeāand it keeps me trading with a clear head.
Whatās your goāto stopāloss level? Let me know below!