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?
no, I won't do that. because I'm not going to invest for the long term on a project that has a very high dump potential. I don't need cutlose, because when I think the coin isn't profitable I'll sell it right away. cutlose I use it for coins like bitcoin, ethereum and other big ones. the goal is to sell and buy cheaper