Limit Your Losses With This Crypto Trading Tool

So one tool you can use to protect yourself from losing a lot of money is limit orders.

You could put a limit order on the coin that you're holding so if the market goes down too far, it automatically sells and protects you from losses.

source

But here's the caveat. You don't wanna leave your crypto on a centralized exchange because we know from the past with FTX and other centralized exchanges is that they go bankrupt and you could lose all of your money.