I believe that depends on what you're doing. If you're trading, then it is advisable that you should use stop Loss. It's about the most effective way one can employ to minimise loss as much as possible. In order to safeguard your capital or asset, then you should use stop Loss.
Hodling on the other hand doesn't require the use of stop loss. All you need to do is keep the coins in a wallet, set a time to sell and take profits (usually months to a few years), and then sell. You don't need to bother yourself with the price movement between the entry point and the exit point