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.
I personally do not, because I always buy long term. Stop Losses are for traders, not investors. Don't forget that the shorter the timeframe, the higher the volatility. The shorter the timeframe, the more likely your stop loss will trigger. Microcaps are good over the distance, that's when you get the maximum profit, I don't see the point in buying a microcap with a time frame of, say, 3 months, especially not in a bull market.