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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)$89,345.00-3.37%
  • ethereumEthereum(ETH)$3,025.56-4.21%
  • tetherTether(USDT)$1.000.02%
  • rippleXRP(XRP)$2.03-4.17%
  • binancecoinBNB(BNB)$881.69-2.53%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$132.20-6.90%
  • tronTRON(TRX)$0.2859580.90%
  • staked-etherLido Staked Ether(STETH)$3,026.47-4.16%
  • dogecoinDogecoin(DOGE)$0.138464-7.25%
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  • bitcoinBitcoin(BTC)$89,345.00-3.37%
  • ethereumEthereum(ETH)$3,025.56-4.21%
  • tetherTether(USDT)$1.000.02%
  • rippleXRP(XRP)$2.03-4.17%
  • binancecoinBNB(BNB)$881.69-2.53%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$132.20-6.90%
  • tronTRON(TRX)$0.2859580.90%
  • staked-etherLido Staked Ether(STETH)$3,026.47-4.16%
  • dogecoinDogecoin(DOGE)$0.138464-7.25%