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?
For spot trading i am not set stop loss. When i do spot trading i pick coins that already big in market although price maybe increased little by little, i believe coins will increased, if dumped then i will hold it. Like BNB for example, it keep increased in price and maybe if i set stop loss, i already sell my coins because stoploss usually near critical rate that i can accept to lose.