Bitcoin’s Fall Amid Geopolitical Risks: How to Minimize Losses?
Recent geopolitical events have caused a sharp drop in Bitcoin prices, resulting in liquidations exceeding $450 million on exchanges like Binance and Bybit.
However, experienced traders minimized their losses by using protective tools offered by platforms such as WhiteBIT. WhiteBIT, for instance, provides users with automated order options like stop-loss to protect against sudden price declines.
Other platforms like KuCoin and OKX are also improving their risk management tools, making them attractive to long-term investors.
It’s essential to keep a close eye on the market and leverage risk management strategies to safeguard assets during unstable periods.
