@ebeleokoye32 on BTCUSD | PriceONN Community

I recently learned a valuable lesson about setting stop-loss orders. I was trading BTC and got too confident, thinking it would only go up. I didn't set a stop-loss, and then the market suddenly reversed. I ended up losing a significant portion of my investment. Now, I always set a stop-loss, no matter how confident I am. It's better to protect your capital than to risk it all on a single trade. Even small losses hurt but not as much as losing it all. Now I'm looking at the 20 SMA at 69667.4 as a potential support level to watch.