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by lmilcin 3283 days ago
Exactly my thoughts. You invest based on your belief in true value. You speculate to exploit volatility.

If you are investing you don't want stop loss order. Your belief is that long term it will bring you returns regardless of temporary volatility.

If you speculate, it's your fault you used that or another strategy. You may call yourself lucky to get your "investments" back from the exchange but understand that this is being paid by other users of the exchange, in the long run.

I hope this is going to be a valuable lesson for a lot of people who do not really get what this game is about.