As far as I know, Spot type trading also now has a Stoploss feature, if I'm not mistaken on Binance there is also this feature or maybe also on various exchanges that are already well known to others such as Coinbase or Kraken.
But if we have a long thought and have the principle of HodL is the Winner, then don't let the Spot trade use the Stoploss feature because if the price of the coin bounces then it will make us lose our assets.
Yeah, I think stop loss is usable for short term, If we want hold for long term, don't use stop loss.
Better save our coins for hold at MEW or wallet..Don't save in exchange for hold, It's more risky.
I prefer to hold, So I didn't need stop loss features.
I just buy and hold, participate in bounty campaign in my spare time.