In the digital asset market, if the currency falls by more than 50% and you do not set a stop loss in time, the road to recovering the investment will be extremely difficult.
For example, the price of a digital asset drops from $10 to $5, which means that the value has lost half. To rise back to $10, the price needs to double, an increase of 100%. This increase is not easy unless there is major good news to drive the market.
Therefore, in the current market environment, if you are not firmly optimistic about and hold a certain currency for a long time, it is very important to set a stop loss point in advance. Generally speaking, when the price falls below the 15-day moving average, it often implies that the market trend has deteriorated and investors should act decisively.
Such operations can not only effectively avoid greater losses, but also ensure that your funds remain relatively safe in market fluctuations. This is not only a wise investment strategy, but also a deep protection of your assets.
After all, in the virtual currency market, predicting risks and responding in time are skills that every investor must master.
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