Setting up stop-loss and take-profit orders on Bitcoin trading platforms varies but generally involves choosing a platform

opening a trading position

In Trend

MicroStrategy’s Saylor hints at Bitcoin purchase; 4th week of acquisitions. Company holds over 553,555 BTC, seeing significant gains.

Adjusting stop-loss and take-profit orders is crucial to protect capital and maximize profits in Bitcoin trading. Traders can tighten or trail stop-loss orders during upward trends and widen them during consolidation. Take-profit orders can be extended during strong momentum or adjusted at key resistance levels. Common mistakes to avoid include setting stops too tightly

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