I have set the weekly target of 2% profit on the capital amount which is quite easy knowing that BTC swings about 2% on a daily basis and hence it would be an easy target to achieve.
I am achieving the target but as the recent dip was a big one, it took away all the profit I made. 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 ?
If you place a stoploss order at the right time and at the right price, you will not have any regrets. I think your big problem is not knowing which stop-loss order to put at a reasonable price. You can create a topic about how to place a stoploss to get people to comment. Maybe you will understand more and get a better strategy for yourself.