Regarding the issue of stop loss, each of us will face stop loss in trading. For any coin, when you are down 10%, you should consider whether you are willing to increase the position at this level. If not, sell quickly and do not hesitate.
Timely stop loss indicates that a mistake was made from the beginning, and one should not compound the error. Stop loss is the most effective way to correct one's mistakes. It's like driving; when encountering an accident ahead, you need to hit the brakes, not accelerate and fly past.
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Regarding the issue of stop loss, each of us will face stop loss in trading. For any coin, when you are down 10%, you should consider whether you are willing to increase the position at this level. If not, sell quickly and do not hesitate.
Timely stop loss indicates that a mistake was made from the beginning, and one should not compound the error. Stop loss is the most effective way to correct one's mistakes. It's like driving; when encountering an accident ahead, you need to hit the brakes, not accelerate and fly past.