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RE: Why always use Stoploss while trading?
This is an important topic... For some reason, I never like stop-loss, simply because it makes me feel as if I lose so much when they do this "wannabe dumps", simply to get all those stop-losses activated, only for the coin to pump more on later.
I know, it is stupid and I should probably use it, but I rather set my sell targets when buying, and then I sell no matter what when it reaches that level, meaning that I don't move my stop loss, because I don't have any.
Well, it seems quite insane but I like that you are already set a target which allows you to make a profit and not worry about stop-loss but still, I would recommend you to go with that.
Cheers and Happy Trading :-)