While browsing investopedia, I read about 2% rule where you will limit your loss to only 2% of your total capital.
Will this be applicable to crypto market? I always believe that you should wait for stock/crypto to gain atleast 20% to lock the profit but the 2% rule seems interesting.
Any insight? Anyone using this strategy?
If the exchanger have stop loss limit, that strategy might be can applied. But if don't we wouldn't have time to only stay to look market or maybe some pump and dump happen instantly.