Post
Topic
Board Altcoin Discussion
Re: Do you set stop loss for long term gem?
by
jinxing
on 08/05/2021, 06:37:31 UTC
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?




sometimes I apply stop loss when short-term trades of some coins, and it depends on the type of Altcoin itself. if the coins are really easy to pump, setting the stop loss level is probably the most correct decision I have to make