I never like using stop loss, I would rather just ride out the storm instead of letting a stop hunting whale pick up my coins for cheap. If your in any good coin it will always rebound if you are patient enough to wait it out.
We can still consider this one as long term trading, anyway stop loss I believe is much needed for the day trader because they play on the market at a very short period of time. I do also have my trade loss level before and it works for me especially on a shitcoins. This is the best weapon to prevent you from losing, blessing in disguise probably. Trade with plan, and analysis don't just hold and sleep.