If you have $1000 on your derivatives trading account on an exchange, you use $200 (max) which is 0.2x leverage to trade daily. Trading just bitcoin or less volatile asset like oil, natural gas or gold. Would you still be using stop loss?
This don't need stop loss, the market won't magically do 5x and liquidate you if you are shorting and you won't get liquidated even if BTC price turns to zero if you are longing.
It's true that there are scenario where stop loss is unneeded, stop loss best used when we are trading on curve and by that is trading on 1m - 5m time frame with high leverage.
Yes, when trading with low leverage, it will be risk-free, the possibility of liquidation is very low. When someone uses low leverage in the market from this position, the price will not decrease or increase very quickly, which will reduce the possibility of liquidation. But whenever high leverage is used, it will definitely be risky that at any moment the price will increase slightly and will be liquidated if it decreases again. When high leverage is used, it is definitely necessary to use stop loss, and when trading with low leverage, there is no need for stop loss. That is, in trading, when the leverage increases, the riskier it is, and the lower it is, the less risky it will be.