With the very high volatility of cryptocurrency, and how Bitcoin controls market direction most of the time, it's good to practice risk management so you don't lose all your capital.
There are numerous ways to do so. One of which is to always have some extra stablecoins left as liquidity to buy coins you want in any dip.
Another way is to not hold onto a loosing trade but instead accept losses and moving on. This makes it very important that you plan your trades so at least half can be profitable.
There are numerous ways to do so. One of which is to always have some extra stablecoins left as liquidity to buy coins you want in any dip.
Another way is to not hold onto a loosing trade but instead accept losses and moving on. This makes it very important that you plan your trades so at least half can be profitable.