So is a stoploss worth a try so that such big dips don't take away the rest of the profit I make ? Should I consider placing a stoploss for such a small target ?
Uses of stop loss means save your fund from sudden drop or huge loss. You don't need set stop loss all of your trade. Its depends on situation, if there is risk for dump then you could use stop loss. For example any coin start dump after you bought then stop loss is appropriate to avoid big loss. If any coin start pump after you bough then set stop loss on profit will be appropriate. So even coin dump again at least you will have some profit, if coin pump more means you will have more profit.
So it's very important to know when and where should you use stop loss.