Dealing with loses in crypto!!!
Different crypto experts have their ways of dealing with loses in future trading. And so far, I’ve been able to discover three ways of handling losses while trading for beginners.
1. Stop loss: Stop loss is mostly effective when you’re 50% sure that a trade will go as planned, but in scenarios whereby unexpected thing happens, and the trade goes otherwise. You wouldn’t be affected much.
2. Isolated trading: Isolated trading doesn’t differ much from stop loss, but during isolated trading, you are ready to lose that particular money and also ready to gain massive because traders could use the maximum leverage possible just to have profit.
3. Holding for long period of time: This is the most common of them all, which trader uses low margin and low leverage to build steady wealth. Because even if the trade goes otherwise, traders know that they won’t get liquidated except if the whole market crashes.
Are there any other ways of dealing with loses? Please share with me in the comment section, I’ll be waiting.
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