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?
Before, I did not consider to stop my loss or to cut my loss. I knew that the coin I am holding is a promising coin since it is bitcoin and eth so I just have to trust and have patience. My igrnorance to check btc and eth price due to I am busy with my work also helps me to just keep my coins while its price is still low. I know this is not applicable to coins so maybe I used stop loss to other coins.