99% of my holdings are Top100 coins but I decided for the first time to invest some of my profit into Rejuve.ai as a very long shot.
Since I bought it's dropped by 50% ...... so my question is when you buy a microcap moonshot do you place a stop loss to try and get it cheaper if the price drops significantly or do you simply buy and hold in the hope/belief it will make significant gains come the bull run
This totally depends on the project as a lot of them go to zero anyway. If i smell a moonshot coming for any reason, i will dca to some point but the amount of money i am willing to risk with microcaps is really low so it doesn't really matter to me anyway. Hardest question is when to cash out. I see no future in 2 of the microcaps i am in but they have already made me lots of profits so i am cashing out. I managed to sell some near ath and even i am 70% down from there i am still on the plus. But as i see them going nowhere i am currently cashing out.
Too bad, they could have easily made me 1000x and more with a right management.