The worst crypto advice I ever followed was: "Just use a tight stop loss. Your capital will be protected." I heard it from a trader I followed every day on X while BTC was selling off hard last year. It sounded professional. It sounded responsible. So I opened a 20x long and placed my stop just below support because that's what disciplined traders were supposed to do. Minutes later, volatility exploded. My stop triggered exactly where I planned. My exit didn't. There were almost no bids left at that level. By the time my market order found liquidity, the fill was far below my stop price and my position was gone. I still have the execution screenshot saved because I couldn't believe how different the actual fill was from the price I thought I was protecting. That's when I learned an expensive lesson: My mistake wasn't forgetting risk management. It was misunderstanding it. A stop loss doesn't guarantee a price. It guarantees an attempt to exit. The advice sounded smart because it focused on where to place the stop. The real risk was whether there would be enough liquidity when everyone wanted out at the same time. Since then, I spend less time asking where support is and more time asking who will actually be there to buy when the market starts falling apart. What's the worst crypto advice you followed because it sounded smart? cc @RallyOnChain
KOB | GEN🧠Share

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