In Crypto we are using 3% and 12% as our stop losses because its so easy to make 50% in a spot crypto trade and it is also very possible to make 100x on a low cap coin. The R:R is just on a different level, and we are blessed guys, appreciate that we are able to make such crazy gains in the crypto market, study the market, network, make friends, grow yourself first then grow your portfolio, and I guess its good to trade legacy markets here and there to appreciate the gains in crypto :)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.