A friend was about to buy $5,000 worth of $SOL on spot today.
The first thing I asked was: "What's your stop-loss?"
He looked surprised.
That's a mistake many spot traders make. They think stop-loss is only for leverage traders.
The reality? Protecting your capital matters in every trade.
If you ignore a -20% to -30% loss, don't be surprised if you're still holding at -70%.
Whether it's $SOL, $ETH, $ZEC, or any other asset, having an exit plan is just as important as having an entry plan.
Smart traders don't just focus on profits—they manage risk first.
Disclaimer: This post is for educational purposes only and is not financial advice. Always do your own research (DYOR) and manage your risk before investing.
The first thing I asked was: "What's your stop-loss?"
He looked surprised.
That's a mistake many spot traders make. They think stop-loss is only for leverage traders.
The reality? Protecting your capital matters in every trade.
If you ignore a -20% to -30% loss, don't be surprised if you're still holding at -70%.
Whether it's $SOL, $ETH, $ZEC, or any other asset, having an exit plan is just as important as having an entry plan.
Smart traders don't just focus on profits—they manage risk first.
Disclaimer: This post is for educational purposes only and is not financial advice. Always do your own research (DYOR) and manage your risk before investing.