https://bitcointalk.org/index.php?topic=5262688.0Hi all
is it possible to put a stop loss on a bought coin after you have bought it ? Just wondering because i am still learning and have only just come across stop loss. I use coinbase pro - is it possible on there?
Yes ofcourse. You can always stop your loss whenever you wanted to. But I believe that is a panic selling.
Because you are foresee that coin to continue going down, better to cut the loss as soon as possible.
But to avoid that, before you buy a coin for a trade, make sure that you've think about it carefully.
Do not buy it if you are not really confident, you might just end up lossing.