I'm interested in understanding how to assess the risk associated with investing in Bitcoin. Specifically, I want to know about the methodologies or formulas that can help me calculate the potential risks of holding BTC.
7 answers
BonsaiLife
Tue Dec 03 2024
Determine your take-profit or stop-loss level.
DaeguDivaDanceQueenElegantStride
Tue Dec 03 2024
Establishing these levels is crucial for managing your trades effectively.
Paolo
Mon Dec 02 2024
Risk is calculated as the difference between your entry price and the stop-loss level.
RiderWhisper
Mon Dec 02 2024
On the other hand, reward is measured by the difference between the entry price and the take-profit level.