I have used the stop loss to protect my investment, but with this market bleed, I have doubts if it is worth using Stop Loss. What do you think?
Stop loss are always recommended. People lose more in trades by not investing in a right coin but because not cutting their losses at the right time. Crypto market is so unpredictable that you can't really make out the next market move because of high manipulation. Thus, having stop loss at place won't hurt you. If you think we already testing the bottom, you can go for a higher percentage stop loss.