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Why Stop Losses Are CRITICAL In The Cryptocurrency Markets!

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The Cryptocurrency space is very unpredictable. I go on a mini rant in this video about stop losses, and why risk management is so critical in Crypto. With Bitcoin continuing to trend down, dragging Altcoins with it, you need to be careful with your investments. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Useful Links ► Cryptocurrency Market Caps: https://coinmarketcap.com/ ► ICOAlert: https://www.icoalert.com/ ► Crypto Charting: https://www.tradingview.com/ ► Philakone's Awesome Trading Tutorials: https://www.youtube.com/playlist?list=PL5brTFluwn1nV0uuSZQtEIKjdb1wuzr0s ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Social Links ► Twitter: https://twitter.com/YourAltcoins ► Instagram: https://www.instagram.com/youraltcoins/ ► Business Email: [email protected] ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Referral Links (If you want to show B some love) ► Start Buying Cryptocurrency (We both get $10 FREE): https://www.coinbase.com/join/5a39452edb858807a07cdc63 ► Create an account at Binance and start trading for free: https://www.binance.com/?ref=15825150 ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
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Text Comments (47)
Christopher Robson (3 months ago)
So close to 50k subscribers B!  Rooting for you bud.  Have love watching you grow, you seem legit and passionate, which is rare in this internet age.
Craig Neeve (3 months ago)
always keep fiat on hand in case bitcoin drops below 6000, better option than to sell existing btc, and trying and rebuy in case its a bear trap
Andy Raman (3 months ago)
Bee yesterday's and today's video are knowledge thank you
Andre v d ende (3 months ago)
Well this gonne take very very long then.
Crypto Blockhead (3 months ago)
Brilliant video as always
FunkyBadChad (3 months ago)
Great video B you're an awesome teacher and easy to listen to thanks!
Avin COPASSUS (3 months ago)
STQ token up more than 70 % today
Jackal 007 (3 months ago)
B totally did not look like person I had imagined. Wow now back to crypto keepers
Wilby Jijo (3 months ago)
I see an ABCDE elliot wave retracement. What comes after that i have no idea
Shane Potter (3 months ago)
And yet.. Mt Gox trustee is selling ON the exchanges lol :P
Bryan D (3 months ago)
How do you recommend managing our stop losses when it's also recommended to keep the majority of our holdings off exchanges?
James G (3 months ago)
Don’t set your stop loss right at the support. Set it below everyone else’s incase they cause it to bounce.
ThatMovinTarget (3 months ago)
Crypto is dead get over it
Tony Tony (3 months ago)
In next year you gone remenber this words, and you gone cry because you lost the train.
PALACE OF FUN (3 months ago)
Please make a TRADINDVIEW tutorials video
Jafar Zaki (3 months ago)
Fucking idiot lmao. Yeah bro keep using stop losses. Crypto is just like the stock market. Yeah, you’re right bro
JACOB MERCHLEWITZ (3 months ago)
Unfortunately the bulk of my investments were when BTC was around 9500, so selling out rn is not an option I have no choice but to HODL bc im not going to take a 2 grand loss. Best believe if BTC drops under 6k I will buy it up though.
Con Corrales (3 months ago)
B, isnt that what we all want? A decentralize system.
Steven Lipke (3 months ago)
Be warned, at no point have you, and many others, included respective countries Capital Gains implications on each and every crypto trade; and thus HODL for greater than a year may have significantly less pain (both in the pocket and brain) when tax time rolls around. ... unless you are seriously doing crypto trading as a pseudo day job; HODL is an optimal time versus effort strategy. ... With that said, there is some merit in selling out of a particular crypto, to deliberately take a tax recordable loss, to reinvest the returns into another crypto which you believe will rise significantly more than that particular crypto.
Tim Martin (3 months ago)
Love stop losses. Wish the Coinbase app had one. Everything I buy shows up a week later, and is down $50 - $100 from where I bought.
pl700 (3 months ago)
B you can't just ignore the 6th February wick, just to draw a descending triangle. The wick was clearly below that. It's not a descending triangle. We're looking at a symmetrical triangle (ST). Within a ST we have higher lows, and lower highs and it is characterised by the declining volume. The declining volume is is normal for an ST and supports this being an ST rather than a descending triangle. We will know when we have a successful breakthrough when we burst out of this ST with convincing volume.
Ulises Bernales (3 months ago)
B u should of gotten inn on Storiqa dude i told u a while back on your other vids, read your comments😁😁😁but yeah bro u can still get inn on it its one cent, it just went 35% and i got a tonn when it was .001 a couple months ago its a good project check it out
Chris Raleigh (3 months ago)
The market will not recover until November 2018
Just a Casual Observer (3 months ago)
You cant set stop losses on Binance.
iTz GNik (3 months ago)
Just a Casual Observer you can...
Alok Patnaik (3 months ago)
Never sell the bottom. Don't listen to anyone.
Zunaid Shaikh (3 months ago)
Luv your videos, keep them coming. Great content. Top man and genuine. ✌✌
Reggie Menard (3 months ago)
Thank. stop losses or limits in some exchanges are very important in this volatile market.
paul lindsay (3 months ago)
Stop losses are for pussies! 💪👊 Lol
Edward Moon (3 months ago)
Love this video! Thanks for the great insight!
Alex Cochrane (3 months ago)
Too many coins. I'll hodl and buy the dips. It's worked for me in the stock market.
Crypto Time (3 months ago)
And that's the reason market is on red because people take loses and and jump out for no reason!
Tim Martin (3 months ago)
Actually, it's ok to sell... if you do it at the right time. Buying back in after it drops works. I bought 10 LTC whent was $200. I now have 14.2 LTC w/ out spending a dime more. Yes im still under water with my $2000 investment...but now LTC only needs to get to $140 to break even instead of $200. USDTether is a WONDERFUL thing for the short term dips.
JDoldschool13 (3 months ago)
I just HODL, and on another dip I put more fiat, and another dip more fiat, and another dip more fiat, and so on. Because I believe in crypto. A lot. HODLGANG
Craig Neeve (3 months ago)
your strategy is less stressful
Zunaid Shaikh (3 months ago)
Yep i do the same hodl for life
paul lindsay (3 months ago)
I do the same. I only sell coins when they are on a big run. Then I buy back for more. Or if it keeps going, oh well. I made profits. I don't sell when I'm down.
Crypto Time (3 months ago)
JDoldschool13 Exactly, I do the same!
Crypto Time (3 months ago)
B you lose when you sell, so hodl!
Dan Rickard (3 months ago)
It depends where you bought in. I imagine Bee has been in a lot longer than I have, and may have bought in at $5k. So he’s still profiting from those sales long term, and minimising further losses. If you bought at $10, then by all means hold on for dear life. Especially if you can afford not to have that money as cash.
Sahba Zeller (3 months ago)
yeah like they did when btc went from 20k to 15k? or from 15k to 10k? when you bought anything in january without a plan and stop loss then you are now at least -60%, some of these coins will never again reach ath if they are just hype coins but if u have enough money then go one :) I prefer to buy back when it is way lower ^^ but ok right now is a pretty good time to buy, i think here i wouldn't use stop loss even when we go down to 4/5k but this is a completely different situation than when we reached 20k with this parabolic rise, it was obvious that sooner or later we would dump hard
Andre v d ende (3 months ago)
Smart money will kill u.They will get al the stop losses out of the market,and bounce it up again.U lose.
Sahba Zeller (3 months ago)
yeah its better to hodl from 20k until 6k and below instead of setting stop loss at 17k or sth like this and then buying back later when it is way down loool hodlers and bottom buyers think they are the smartest but the truth is they are just bagholders :)
Crypto Time (3 months ago)
B,what's up my Canadian friend!
Joe Taranto (3 months ago)
Bottom Right is not a good place to explain your charts.. your huge ginger face is in the way.
BTC ain't crashing (3 months ago)
Joe Taranto I think he's fine there.
Dez MK1 (3 months ago)
Tuhday!

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