Turning the needle valve all the way is one of those things that we often see from folks who don't think all the way through what they are doing. Part of the question and the results will depend on the needle valve and how it is made. A good quality needle valve will be made with really good metal that can be machined and polished to a nice finish. That is where the precision comes in as good metal can be made so that the needle has a long fine taper and fine threads to move that needle the tiny amount we want. A short chunky needle made of cheap pot metal can't be polished and machined well.
So if we have a cheap valve, it is likely to be made of cheap metal and that metal will bend/deform easily. So if you have a really nice needle valve, you likely will not want to close it all the way and risk deforming the needle or seat. But if you have a cheap, almost throw away valve, you may not care so much about ruining it but it will also be much easier to do that damage.
So the question to ask yourself is? Which do I want to risk, big expense or smaller expense but more likely. I don't like either option so I use a cutoff to close flow as they are made to be closed all the way.