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?
I believe that the best way to not lose everything is not to risk too much. Have other sources of currencies besides bitcoin. When the value is low, try to wait a while before selling, until you recover the value.
Expect the volatility of bitcoin and just invest only on what we can afford to lose. Also to handle this volatility is take a chance in buying at low price since we can gains when price has a sudden spike in the market. Well indeed also to diversify our investment is good so we have an option when there are sudden moves of bitcoin happen.