People consider cryptocurrency trading to be similar to gambling which I also agreed and they can be both frustrating at some point so the trader will need to take some time off or when making market decisions become a problem that's when stop loss comes in.

Therefore, stop-loss strategy is very important in crypto trading but some traders seem not to understand the benefit of it but traders that love to secure position in terms of capital gain and daily holding while not online or when the market next momentum is not certain to make use of stop-loss