Good trailing stop loss for Bitcoin and Ether?

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Hi. After using Robinhood for a couple years (and a few months to trade crypto) I'm finally way too spooked by the lack of a trailing stop loss to put in the kind of money I want to. I'm curious to hear what percentage trailing stop loss other traders think is appropriate for bitcoin and ether. Obviously there are tons of personal variables in this but to the extent someone has looked at the big dips and has thoughts I'd be interested. I'm fairly aggressive and was thinking somewhere in the 20% area seemed like a good way to avoid really egregious drops. Thoughts?

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Lawman2036

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Posted: 3 years ago
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