Cryptocurrency Q&A How to calculate BTC stop loss?

How to calculate BTC stop loss?

Sofia Sofia Mon Dec 02 2024 | 6 answers 1190
I'm wondering how to calculate the stop loss for BTC trading. I've heard it's important to set a stop loss to limit potential losses, but I'm not sure how to determine the right point. Is there a specific formula or method I can use to calculate the stop loss based on BTC's price movements or other factors? How to calculate BTC stop loss?

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