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What is the risk/reward ratio in cryptocurrency trading, and how to use it

May 8, 2023 by DIGIT

Risk/reward ratio is a measure to determine potential profit against potential loss. In crypto trading, it helps manage risk by setting stop-loss and take-profit levels. Go to Source Powered by WPeMatico

Categories Cryptocurrency Trading, potential gain, potential loss, Profitability, risk/reward ratio, trading strategy


Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$87,568.00-1.34%
  • ethereumEthereum(ETH)$2,933.37-1.28%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$838.33-0.42%
  • rippleXRP(XRP)$1.85-1.34%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$122.95-0.56%
  • tronTRON(TRX)$0.278817-0.14%
  • staked-etherLido Staked Ether(STETH)$2,932.56-1.27%
  • dogecoinDogecoin(DOGE)$0.122640-2.55%
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  • bitcoinBitcoin(BTC)$87,568.00-1.34%
  • ethereumEthereum(ETH)$2,933.37-1.28%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$838.33-0.42%
  • rippleXRP(XRP)$1.85-1.34%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$122.95-0.56%
  • tronTRON(TRX)$0.278817-0.14%
  • staked-etherLido Staked Ether(STETH)$2,932.56-1.27%
  • dogecoinDogecoin(DOGE)$0.122640-2.55%