..Because here in the crypto space, stop loss only refers to traders who use futures trading, margin or leverage, derivatives, and perpetual trading. And if that is not done, your funds will quickly disappear from the trading exchange.
I think you are mistaken, since stop loss is used not only in the markets you have listed, but also in spot trading. This is a very useful tool, using which you can buy back a coin at a reduced price, in case of an unexpected dump, by placing a pending purchase order below the set stop loss level.