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?
2% rule can be used in transactions cryptocurrency, It is a capital management method that helps us control the risk when trading.
The problem is that we must apply disciplined and flexible with all the methods that we know