(...)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.
As you have expressed the profit as well as the risk that you have accepted to buy such things. And in my opinion there is no threshold for this, as I am not a regular price watcher so the fact that some coins have a high level of risk makes me not bother to check daily profits or losses. daily losses. I used to spend a small amount of capital to buy some shitcoins that have been battered since 2017, and it wasn't until the market was really active in 2022 that I checked that account again, and indeed some shitcoins were worthless but there were some that gave me a lot of money.