Things that you should do if you don't want to put a stop loss in every trade.

First and foremost stop loss is a must. The crypto market is highly volatile. To survive this harsh crypto world, capital preservation should be your first priority.

But if you still don't like the idea of putting a stop loss, please make sure that

👌You're investing an amount that you can afford to lose.

👌You've done a whole lot of research on the coin or token.

👌It's a low market cap coin and still has a lot of growth potentials. Buying huge market cap coins is risky. The capital may shrink, turning your money as someone else's exit liquidity.

👌It's not a newly launched tokens. Pick those that has been around for years. Why? They're more stable. 😉

👌Check token distribution. Make sure no holder is holding more than 10% of the token. The fewer the holdings, the better. In other words, make sure it's whale free.

👌 Check the chart at least thrice a day. See if there are bearish patterns looming. Sell when threat is imminent. Buy again when it drops. That way, you'll be able to increase your token holdings.

👌Buy again and again each time your token drops 5%. That way you'll be able to lower your average buying cost.

There are others too, feel free to comment below.

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