Stop loss importance

[hair]

Stop loss is good as well as bad. There are 2 conditions that can happen after hitting stop loss. The market can go more down or the market can start recovering after just hitting stop loss. So, It is very difficult to decide putting stop loss is good idea or bad.

You should always avoid making stop losses. I prefer to hold or buy back at the lowest price. stop loss can be done if we believe the potential of the coin is not good

[LuckyMac]

Stop losses for me has a really big importance . I always personally use stop loss on every trade as i am not a trader who always tardes it helps me to get rid ofmost of the big losses. Many people without using stop loss faces big loss. So i always convince others to use stop loss.

Id agree, i come from a probabilistic stand point of trading i make sure that i have quantifiable data that i can analyse and stop losses give me that.

[therozaq]

Stop loss is good as well as bad. There are 2 conditions that can happen after hitting stop loss. The market can go more down or the market can start recovering after just hitting stop loss. So, It is very difficult to decide putting stop loss is good idea or bad.

You should always avoid making stop losses. I prefer to hold or buy back at the lowest price. stop loss can be done if we believe the potential of the coin is not good

Yeah, agree. If the potentially of coins are good we shouldn't use stop loss.
Hold is more important, because crypto is good and suitable for long term investment.

[collinsjie]

If you are a long term crypto trader in the spot trade I don't think you need the stop loss, but if you are a future trader you need the stop to safeguard your assets to avoid heavily loss. I have lost a lot of money in the forex market as a result of not using the stop loss. It is advisable to always use the stop loss short time trade in the future trade.

[doc]

If you are a long term crypto trader in the spot trade I don't think you need the stop loss, but if you are a future trader you need the stop to safeguard your assets to avoid heavily loss. I have lost a lot of money in the forex market as a result of not using the stop loss. It is advisable to always use the stop loss short time trade in the future trade.

Sure, I'm Investor but hold for long term investment.
So I didn't need stop loss feature.
I just buy the dip and hold.
It's more safety than daily trading.

[bayiajaib]

If you are a long term crypto trader in the spot trade I don't think you need the stop loss, but if you are a future trader you need the stop to safeguard your assets to avoid heavily loss. I have lost a lot of money in the forex market as a result of not using the stop loss. It is advisable to always use the stop loss short time trade in the future trade.

Sure, I'm Investor but hold for long term investment.
So I didn't need stop loss feature.
I just buy the dip and hold.
It's more safety than daily trading.

Stop loss for short trading, If you hold for long term,I think You should set the target and always monitor the market.
Better hold for top coins, more safety

[Rajneesh Kumar]

Stop loss plays an important role in every exchange, by using it we are saved from incurring more losses.

[Digital_Lord]

Yes Stop loss is most important in trading because now crypto market is too much volatile a sudden dump can be happen any time so better is to put stop loss then we can  save our porfitlio from big loss

[Doctor]

Yes Stop loss is most important in trading because now crypto market is too much volatile a sudden dump can be happen any time so better is to put stop loss then we can  save our porfitlio from big loss

Crypto character is volatile, that's nature of crypto currency.
Stop loss is important for short term, but for hold long term investment, we didn't need stop.loss feature

[DAMKAR]

Yes Stop loss is most important in trading because now crypto market is too much volatile a sudden dump can be happen any time so better is to put stop loss then we can  save our porfitlio from big loss

Crypto character is volatile, that's nature of crypto currency.
Stop loss is important for short term, but for hold long term investment, we didn't need stop.loss feature

Holder didn't need stop loss, because it's for long term.
Maybe one year or two years again.
Buy when dip and hold.
Trading needs stop loss because as you said, crypto is volatile

[mahadev]

Holder didn't need stop loss, because it's for long term.
Maybe one year or two years again.
Buy when dip and hold.
Trading needs stop loss because as you said, crypto is volatile

yeah, for long term investment, we didn't need stop loss feature.
I think stop loss feature is suitable for short term investment or daily trading, I agree with this opinion.

[Confero]

yeah, for long term investment, we didn't need stop loss feature.
I think stop loss feature is suitable for short term investment or daily trading, I agree with this opinion.

That's right Mate, if our goal is a long-term investment, we don't need it unless it's in an urgent situation.  This stop loss is very important for traders to minimize losses, because the coins purchased have a lower price.  But sometimes after we sell coins, not long after the price goes up.  This happens to me often, and it's very annoying.

[de_prof]

yeah, for long term investment, we didn't need stop loss feature.
I think stop loss feature is suitable for short term investment or daily trading, I agree with this opinion.

That's right Mate, if our goal is a long-term investment, we don't need it unless it's in an urgent situation.  This stop loss is very important for traders to minimize losses, because the coins purchased have a lower price.  But sometimes after we sell coins, not long after the price goes up.  This happens to me often, and it's very annoying.

I think investing or trading is always manage our emotions.
Keep your target, If being reached selll your coins.
Sometimes greedy make us lost alot.
Becareful and always have good analysis.

[Rajneesh Kumar]

Stop loss has its own definition as a good trader knows to make good use of stop loss, the one who does not know trading uses stop loss, then the chances of getting hit are high, due to which his balance is reduced due to repeated hits

[Lanirex]

We do have to do that, but most people are afraid to do a stop loss. 
They are afraid that the value of their assets will decrease, even though in this way our assets can be saved from losing everything. 
So a Crypto trader must be good at managing their financial management, so that we avoid big losses.