Post
Topic
Board Trading Discussion
Re: handling bitcoin volatility
by
Sahyadri
on 08/01/2020, 19:07:09 UTC
Everyone who has ever traded for more than a couple of hours have had episodes where their trades are wrecked because of bitcoin volatility reflecting on the whole market.

What tips do you guys have regarding protecting yourself from bitcoin sudden moves?
Have proper stop losses in place.
According to the market you can vary the strictness. Like in highly volatile time have strict stop losses while not so during sideways market. This way you will able to achieve your profit targets but not losing much. People here do enter the trade on time but when it comes to exit, under greed or emotions, they make loss.