Always try to use the stop loss as much as you can, it has the feature of binance which can help every trader in order to keep the trader away from further loss even when he is doing some other work and don't have that much time to look again and again to the coin which he has bought or even he want to buy, so I would be better to use indeed at that point.
Actually the stop-loss feature is only used by traders who make short-term trades, so they can minimize losses if the market suddenly drops.
And the trader can buy again at a much lower price, but for investors who do invest in Bitcoin for the long term, there is no need to use
the stop-loss feature. Since the investor is not worried about the Bitcoin price falling, he will not sell it until the desired target is reached.
So ask yourself, do you want short-term trading or do you want long-term investment.
Then regarding the stop-loss feature, it is now available on several exchanges, one of which is on Binance exchanges, it is very helpful for traders
who really want to do day trading. Therefore, with the stop-loss feature, it is very helpful to avoid large losses, as you said not everyone can check
the market all the time. Because sometimes there are other activities in the real world, which makes us not have much time to pay attention to
the market. That's the importance of using the stop-loss feature, except as I said before we really want to invest in the long term not using
the stop-loss feature is not a problem.
