Should I create SQL Server transaction log backups if I use shrinking operation? (4369043)

The shrink operation is not a good maintenance practice because it doesn’t solve the transaction log size issue permanently. After the initial shrinking, the transaction log will grow again. As the auto-growth event is one of the most intensive SQL Server operations, it should be avoided.

The recommended method to keep the size of the online transaction log is to create transaction log backups regularly. Or, switching to the Simple recovery model, if you can tolerate data loss.
However, in the first option, it is crucial we have full database backup chain and its not enough to have only full database backup to recover everything that is lost since full backup is not doing backup of all transactions from the online transaction logs.
Regularly created transaction log backups are mandatory here to ensure no data is lost.