Just curious, do any of you set stop losses and recollect again later? Or do you just HODL regardless of what the dip is.
HODL is not always the answer if you are a real trader you won't believe in HODL since there's a lot of opportunities to earn in the market whether the price is going up or going down. Not having a stop loss in trading I can say is a mortal sin, every intermediate or pro traders always has a stop loss whenever they enter the market.
While the bull run continued, few people remembered about the stop loss. But as soon as the market turned in the other direction and investors began to experience Fomo, everyone begins to understand that it is better to fix your loss than to continue holding a position whose price is decreasing every day. In addition, stop loss provides an opportunity to enter the market on more favorable terms.