Can't say it for sure but it's always good to have an strategy. Stop loss is good but you should consider several things and implement several different strategies if you want to profit from crypto. Not every crypto are brought for making short term trades. The overall trend of crypto has been bullish and the current market dip is not as large to call it a bullish trend rather it seem like a stable period after correction. Bitcoin has been to around 40K multiple times even after its all time high and that particular range seem to have a large resistance for its price.