I want to ask for some long term hodler or altcoin gem hunter there.
Are you considering having a stop loss for every altcoin you bought for long term?
Like for example. You buy this coin x at $3 but the price dumped, and just like trading, do you still put stop loss or cut loss?
Like you will sell the coin once the price reach $1?
if I invest for the long term and not for trading, then of course I will never do a stop loss, because I will definitely look for altcoin that have a great potential for the price can increase very high in the future and of course altcoin that are safe for investment for the long term (altcoin that are in the top 100 on coinmarketcap), so I will never be afraid when the price is go down and set a stop loss, because I believe the price will definitely increase very high in the future and give me a big profit.