Post
Topic
Board Altcoin Discussion
Re: Do you set stop loss for long term gem?
by
kevinzxz
on 08/05/2021, 14:15:24 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?




of course I will never set a stop loss, because I believe every altcoin that I invest for the long term, then the price will definitely increase very high and give me a big profit, so even though the price will go down, but I will never sell my altcoin and of course I still hold my altcoin until the price increase very high (give me a big profit).