Setting stop lose most times in a position could be very annoying and frustrating when you come to discover that the price only went down enough to trigger your stop loss before mooning lol...
I prefer to manually control my trades and not rely on a computer to do it for me. This is also why I think longer term trading is better than day trading.
Indeed longer term trading may be better than day trading but you need a lot of patience to do that and for traders like me who don't have patience as a trading virtue, what do we do?
Lol... You either need to learn patience, or you need to get better at day trading. I think the crypto world is a world in which you never stop learning. It's always changing and there is always something new to learn.