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January 21, 2018, 10:38:27 AM |
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Kinda newbie (< 7 months) trader here,
Is stop-loss a viable strategy to counter market dumps for those planning to HODL for months? Only recently i just realised there's really something like this and i thought anyone could effectively preserve your alts value back to ETH or ETH back to USDT on lets say a -10% breakpoint. Of course you might encounter some rare case where it your coins bounce back or continue its downtrend, still for me that's a safe net for buy backs, generally for long term HOLD since markets are just too sensitive toward Bitcoins.
Thoughts guys?
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