Painful lessons, let's talk about the losses this year😅
$BTC's recent market movement has given me a profound lesson—the importance of stop-loss. My previous order was directly hit and wiped out, with a loss of -30%🤌
This is the first time this year I was forced to cut losses. Watching the stop-loss order be triggered, I couldn't help but smile bitterly. Turns out, market volatility can be so fierce.
Looking back carefully, I realize I didn't set the stop-loss level strictly enough. BTC's volatility is right here, and relying solely on intuition to place orders will eventually lead to losses. This experience can be considered as paying tuition, at least gaining some real market feedback.
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Painful lessons, let's talk about the losses this year😅
$BTC's recent market movement has given me a profound lesson—the importance of stop-loss. My previous order was directly hit and wiped out, with a loss of -30%🤌
This is the first time this year I was forced to cut losses. Watching the stop-loss order be triggered, I couldn't help but smile bitterly. Turns out, market volatility can be so fierce.
Looking back carefully, I realize I didn't set the stop-loss level strictly enough. BTC's volatility is right here, and relying solely on intuition to place orders will eventually lead to losses. This experience can be considered as paying tuition, at least gaining some real market feedback.