The last week served as a powerful lesson in how quickly market dynamics can change. The sharp sell-off that began late on October 10th caught many by surprise, shaking confidence across the board. In less than 24 hours, Bitcoin tumbled from a stable range above $122,000 to a low of nearly $102,000, a drop of over 16%. The move pulled the entire market down with it, erasing significant value and leaving many investors looking for answers.
In times like these, when fear can drive decisions, the security of the platform where you hold your assets is non-negotiable. While no exchange can shield you from market risk, our core responsibility is to eliminate platform risk entirely. Since we began operations in 2021, IXFI has maintained a perfect security record. We have never had a security breach or a hack. In an industry where platform vulnerabilities are still a primary reason people lose their funds, this track record is the foundation of our commitment to you.
Beyond the security we provide, there are powerful tools you can use to manage your own risk during periods of high volatility. One of the most critical is the stop-loss order.
Your line in the sand: The stop-loss
A stop-loss is simply an instruction to the platform to automatically sell an asset if it falls to a predetermined price. Its main purpose is to enforce discipline and remove emotion from your trading strategy. Instead of making panicked decisions during a rapid decline, you rely on a plan you made when you were thinking clearly.
Setting one up is simple. On the trading page, you would select a Stop-Limit order. You define your Stop Price – the level that triggers your sell order. This ensures that if the market turns against you, your position is protected according to your own rules, not by impulse. It’s a fundamental tool for capital preservation.
A long-term perspective on short-term moves
It’s easy to get lost in the noise of red charts and dramatic headlines. However, more experienced market participants understand that sharp corrections are a natural feature of any market, especially crypto. These events test conviction, but they also serve to clear out excessive leverage and reset the market for a healthier foundation.
Our focus at IXFI remains steadfast. We continue to build for the long term, prioritizing security, real utility, and a platform that you can rely on, no matter the market conditions. Your personal strategy should align with your own goals, but remember that patience and a well-defined plan are invaluable. The market will eventually find its equilibrium. Our job is to ensure your funds are secure and the tools you need are always at your disposal.
