Stop loss useful for safe trading but in crypto trading my luck so bad, Sometimes I used stop loss then market hit my stop loss an bounce back but obviously using stop loss the best idea and safety trade system.
If that happens to you very often then it is possible that you are not setting your stops correctly, what kind of method are you using to determine where the stop loss should be located? This is important because if your stops are very close to your entry price then you will be forced out of the market before you can make any profits and that can be problematic.