Bitcoin Forum

Let's say you analyze the charts, you make a call, and place a trade with a certain time horizon.  How do you avoid getting 'shaken out' in the short term? 

I'm finding my calls are right, way more than 50% of the time, but I'm not as profitable a trader as I should be, because it seems more often than not, there's either a dump out, the chart starts to look like it's turning bearish and I begin to lose confidence in my calls.  Then I might set a stop loss and there's a shake-out, it eats through my order, then the trend turns around and basically does exactly what I had originally called.  Or if it starts dumping I might panic sell. 

I'm typically more profitable if I do not even look at the chart, like at all, after making my buy.  Not sure that's good either. 

What do you recommend in this case? 

I'm also thinking, if I had a read that the price was going to fall short term before the long, then I could get a better entry, but it almost always takes me by surprise. Is it whales that are swinging their whale dicks, that do that (and thus why I don't see it lining up that way), or is it just me? 

Any feedback welcome.

In a trader's perspective: assuming you're a decent trader, then just set your plans and price targets, and totally stick to your plan. If your emotions still get a hold of you, then you either toughen up or just admit that trading is not for you.

In an investor's perspective: Though I like buying at dips, I mostly don't even look at charts and time entries lol. After approximately 4 years of holding, FUD and negative posts in general pretty much does nothing to me. Knowledge and experience will simply make you realize that all of those are just small bumps and hindrances for the long term.

How much profits matters the most than how many times your trades are at profits so stop over doing the trades. Just take a break and analyze why you are not making the profits, if it simply happens because you make some profit on a trade but in the next few it ends in a loss means you need to go for mid term trading so you can wait for the perfect time and make more profitable trades than loss.

Trading is risky job though but highly profitable on the paper but in real world the traders are losing more when they are doing more trades so HODLing can be better if you have other job to satisfy your monthly bills.

By not panic if I see the price is down, try to analyze more to find if the price will go down for more or go up after a few minutes or hours later. We need to have control over ourselves to stay calm and not panic because that will help us analyze more and see if there is a good time to buy more bitcoin or just wait for a while.

I recommend you stay calm, and not panic as I said before, so you can see if those drops are a correction or a downtrend. If you can stay calm, I am sure you will know what you need to do, and if the price still goes down, you will see the best time to buy more at a low price. You should look at the chart to find a good time to buy or sell, but you don't need to watch the chart every minute because that will make you panic if the price is down.

If you can analyze better, you will see what is going on the market, and you will not worry about what happened to the market because you already analyze that the situations will not go bad. But if the market is still going down out from your analysis, you will not panic because you have another strategy based on the current market movements.

STICK TO THE PLAN.
This is one of the major problems I encountered in my trading life. Sometimes I don't stick with my plan, like my price target, entry price and the most important, the stop loss.
Sometimes I am ended up taking profits below my price target, it will result low profits and change of risk reward ratio.
My best advice is always stick to your plan, since for sure before you open a trade position you have your plan right? Where is your entry, stop loss, price target.
And don't be sad if your stoploss triggered or lost in a trade. There are always lot of trade opportunities in the future.

I advise you to remove your emotions from trading, wait until you have gathered enough information, start with a medium and long-term trading strategy, place orders, avoid tracking analyzes, trust your instincts and always there is an error rate so do not worry about losses.

We learn more from losses than profits, so learn and have fun.
Do not trade with the money you fear losing and know that any amount you lose is better than spending on buying items that will give you comfort in the short term.

This. There's really no better way to describe it. Make a plan and stick to it. If the plan doesn't work, you have to adjust the plan and not intervene yourself:


If you do intervene manually again and again, one possibility would be to use a bot that you provide with your targets and stop losses and it then takes over the trades for you. So you are not tempted to intervene yourself.

You need to set a target or goal and once you set it, you have to stick with it no matter what. Just stay calm and avoid getting hype or getting in FUD coz it will confuse your mind and will lead you to either buy on high and sell on low.

I'm not a day trader and I think what you just need is to experience a very hard correction and bear market. How long you've been into crypto and trading with it?

If you've gone through 2018 and 2020 bear market, you've grown today and became stronger. Those experiences will make you hold stronger and I didn't do anything but to be patient during those times.

Have you tried the hugging strat? Like having two entries with opposite ways? It's risky though so you may atleast practicing that strat and wouldn't recommend to non pro trader.

Perhaps change your technical analysis. If at some point youre having a profit while not reading your chart, that's just a coincidence that you listened to your instinct and made a good profit. And if youre asking if whales are manipulating it? Probably is.

Sideways or sudden drops and pumps are normal, it's just that I can see you wrongly enter the market and doesn't have any stop loss, do you?

If the target and period of time doesn't fit the prediction then it's time to call it a day. Or if the result wasn't exactly the one we are expecting we should accept the fact that it's not always 100% right. Accuracy on trading especially for crypto will never be perfect due to high volatility but technical parameters are helpful somehow.

Traders always must have discipline and most importantly don't be greedy cause this is the root of having more loss.

^ Discipline is very important when you are in the trading field, you should always set in your mind that whatever consequences happen you always prepared, and then next is stick to the plan. A Stonger hand will depend on your mind and emotion, you should not follow FUD and as they say, stick to the plan always. Nevertheless, you cant control the crypto market due to its volatile price but it does not mean you can't take advantage of it. That's why those who already understand investing in crypto especially bitcoin are preferred to hold long-term than a day of trading.

Solid advice but I want to play devil's advocate here, what if the plan does not work out as intended? Will there be a back up plan because as far as I know, it is difficult to formulate a plan let alone having a back up one. Have to agree with you about not getting sad or feel bad if you did not make a good trade, my teacher once told me that if you mix emotions with rationality, your plan/argument/business will collapse.

Once I learnt about being a holder, they suggested that I have patience, not panic, and still try to do something else to distract our minds from watching the market. They said that I could buy and forget it for a while, but I need to have a target price to sell and set the alarm that will ring when the price touches my target price. It is hard for the first time, but if we have something else to do, we can do that and will not always think about the price. The important is we will not panic to see the price is up and down.

You can't avoid stop runs. It's just part of the market. One of the biggest keys to success is being able to get stopped out and then jumping right back into the same trade again if/when the setup presents itself. Most people do the opposite and get scared out of the market = missed opportunities.

Stop runs often mark the beginning of a trend, so this is pretty crucial.


If you're resolute about using stop losses and keeping to them, you don't need to panic sell and you'll eventually become less and less emotional about these situations. I am extremely mechanical and unemotional about trading after years of rigidly following risk management rules.

You stay firm at your decision and hold whatever the case may be.

For example, since yesterday we saw huge dump in the crypto currency’s and basically btc also fell very badly. I literally invested at ATH and also when it started to fall I added more bits into my portfolio. I have repeated this few times with capable amounts since yesterday. Now just look at the market, it has started to recover and time by time I’m getting closer to break even point. But this would have been impossible if I would have not controlled my mind in first place.  Or if I would have shaken out like you said.

With all these these months of experience you get to know there is no use when you panic and sell. So control your mind, set your goals and keep trading in upper direction only.

The only way to solve that is to minimize your risk exposure, you get doubtful of your decisions in your trades mostly because you're afraid to lose and if you're too much afraid to lose money it's because you're invested too much money in trading, that's of course if you chose the coin/token right based on FA/TA.

So in most cases just reducing your risk and putting less capital into trading should solve that problem, but even then if you continued to have doubts and having a hard time to make decisions that could mean maybe trading is not for your and I'd suggest investing instead(after doing research about them and not risking too much capital).

From my own point of view I only set a virtual stop loss whereby I will give the price the room for some draw down if there is no any clear indication of the price changing direction towards my buying or selling I close such a trade manually, I have been having similar experience when price will hit my stop loss in many occasions and thereafter turns back towards my intended direction, after a close observation I will allow the price action to take place without any fear although not easy of course I will take a minimum risk for each of my trade i.e trading with the amount of money I can afford to lose.

Zoom out. Bitcoin has only been going up and up, with a few major crashes.


The secret is HODLing, never selling, and buy more if it crashes, to lower the average entry price of your position.


What works for you?


I believe $30,000 will be the new $10,000. It will go up and down from there, before another big surge to $50,000. 8)

I guess that's more of an assumption to me or have you really observe it on your end? Not looking into a chart is like waiting for a miracle, I suppose, just because you haven't look at it doesn't mean you're profitable when you see it again. Plan your trades, trade your plans. There's nothing better than those who have a plan especially to cut losses sometimes, there's still the next day you could plan for it.

The financial markets and trading offer the ability to earn huge profits and huge losses, risk-management and a responsible approach making sure that you truly understand everything you are doing is key to success in this fun, exciting and potentially very rewarding industry. Spend your time researching and learning as much as you can, learn about risk-management and try to always see what other people cannot - all these things motivates and develop me to remain in the trading.

Firstly i think the easiest way to avoid ''shaken out'' is to always stick to your trading plan and also employ stop loss to your trades. If you apply sl, your trading loss will be of very little %. It is not advisable also for you to make investments without studying trade charts; thats gambling. i will advice that you continue with your actual strategy and be more consistent in practice and patience, it will pay off.

Hell this is what I was talking about as a holder.
Now it is pretty crystal clear to me that trading isn't for everybody and that applies to me.
Back then when I was day trading in Etherdelta and Binance, I was pretty much worrywart all the time.
Unlike now as an investor, I pretty much just chill and do my usual thing and still earn something.

Stick on the thing that works for you and it dont mind much on what are the difference compared if you do actively seeing off charts.If you do find out that you do make money or making yourself
less emotional if you dont see those charts then that would be a better option. Human beings are naturally emotional thats why its no surprise that sudden change of situations
will really affect your plans or goals in mind no matter how fixed it is. Controlling yourself would really be a challenge if you arent really that dedicated or type of person that do stick
into his plans no matter what.This will really be differs when it comes to experience, once you had gained enough then these situations wont really budged you off.

I must say you are good mate, I literally have never held any coin or token more than a year without selling them at the slightest upward movement, I like to call myself and investor cus I don't day trade, though I've tried it a couple of time and finally convinced myself that it's not for me.
I totally relate to all the op have said in his post, I really need to develop stronger hands as lack of this have made me lost big most times, but in the same vain, it has also helped me get out of bad projects on time. But then, I understand this depends on the coin or token one is hodling, if it's a good project, it's easier to hold the coin for a longer time but if the project is full of uncertainties, it'd difficult to hold the coin without temptation to sell most times.

Searching and learning are not enough to make a change to our mindset when we are already been disturb by our emotions brought into weakening our trust and confidence in Bitcoin. What makes someone able to hold their holdings even seeing the declining scheme is because of having faith in their investment, they're believing that after this struggle, it turns into their favor back. OP didn't have such faith, a reason why he becomes worried and weaken his hand and sell.

I think this is a fear of loss! It's like when you need to jump, and it's better to close your eyes and just jump, if you take a look and start thinking about that jump fear will eat you, and you will probably quit!
People should trade, and gamble, with amounts they feel comfortable with! You need to take a look, make a decision and do what you need to do! If there's more money in that you can handle, you risk more, pressure is higher...
More practice equal more experience, and that will make your hands stronger!

Maybe we need to learn how to manage emotions before trying to hold any coins because that will not be easy to see the price moves and sometimes, the price can make us panic.
If we have a strong heart to see how the market moves, that will not disturb us to hold the coin for more, but we will see a chance to buy more at a low price.
The investor will not just stay calm if they see the price is down, but they also prepare the other money to buy more amount to increase their coin amount bigger.
That will give them more profit in the future, especially if the price can jump to the highest price shortly.

Day trading is never easy and it's one of the most risky type of investment.
Anyway, why don't you try holding it for long term and set a specific target before cashing out your wallet. That's how you test your patience. Those who bought even at the peak of 2017 bullrun and still holding up to this very moment had already profited. Though selling for short term is also profitable but a long term profit is much greater, especially when you're slowly accumulating during the dips.

After you did the Technical Analysis, chart it, and then wait for the confirmations before putting a Trade. Don't waver, it'll eat you up and give you regrets later. Tough up, stick to your plan, and always trust your skills in Trading, because that's what I think you're lacking. If you're not sure about your technical analysis, place a small bet and see if you're right or wrong, simply as that.

I am not traders who always stick to my plan, because I always improvise depending on market conditions. But this is the reason why it is difficult
for me to get big profits. Because I always sell coins below the target sell price, because I was afraid that the price of the coins suddenly fell. Maybe
this is a lesson for me to stick to the plan when trading, if I want to get maximum results when trading. This is also a lesson for all traders to be able
to develop and succeed in getting big profits so that they always stick to the plan.

Trading is a lot of trials and error thats why you would able to develop things according into your experience.Developing something like this
would really take some time and doesnt really make you a better trader in a short span or with less engagement on it. TA's are common
but sticking out to plan is really the hardest challenging due to our emotional aspect where plans or goals are mainly affected.
It can really be altered in an instant when you arent really good on handling yourself or being too disciplined into your trading.

That is not how you "develop stronger hands", that is how you become a good trader and yes a good trader does have a strong hands but you are talking about how to be a good trader skipping the stronger hands part. The way to builda  strong hand is to force yourself to hold, I do not know how you would pick it but I just bought some bitcoins, put it on an USB and locked it in my banks vault, I had some things there anyway so I put the USB there.

That allowed me to not be able to sell whenever I want. That is the kind of forcing you need, find a way to not be able to sell and you are going to have a stronger hands. Patience and discipline are not things that can be built that easily, it takes hating everything you do for a very long time but grinding anyway, if you can grind while hating without interruption, you build that mindset to become very good.

Yeah, don't buy the crap about people having weak or strong hands. I've noticed those who lay claim to strong often aren't exposing much anyway, or aren't trading. If you're holding and you've got wealth all tucked away regardless, it's easy to become "strong".

But take a leaf out of their playbook. Invest what you can afford to lose, invest what you won't be looking at every day wondering how much it's worth, and you'll by nature not have weak hands.

Silly but logical, no?

Thank you, I did not know what a stop run was. I just read up on it. I think this accounts for some of what I'm experiencing. And because crypto markets are so volatile, so fast paces, and open 24/7, I have a hunch they are being used more liberally there than in forex or stock markets. 

That is a very nice domain name friend.

Thanks for your input.

You've got to tailor your trading strategy to your personality. You see.. we are all built and wired differently so a strategy that works for somebody, doesn't mean will work for everybody. And that's not because it is more complex, but from an emotional and mindset perspective.

There are many successful traders that do exactly that. They place the trade, set the stop loss and take profit levels and look for the next trade or do something else like drinking a cocktail with the gf  ;)

It's good to improvised but it will be much better if you will set in your plan of selling in certain value, do charring and see where the possible price will go and set your mind that you'll only sell on that range same with will stop losses on certain bracket if we plan in short or long,and when its about to approach in that amount it requires much more of consistency of being updated technically as well on more details or news that may happen.

You should learn how to make a trading plan, so that you can manage any losses that might come in your way, it is pretty normal to be confuse on what we should do at first because we're just starting to trade, but eventually when you already know how to read chart, patterns and trend line slow by slow you will be able to develop strong hands, well of course you will develop it because of confidence so trading plan is needed as well.

-Set specific goals or targets
-Set stop loss or take profits
-Alter decisions when market tends to have some odd movement.
-Follow up your guts or intuition sometimes.

This is pretty working on my part and all of these things can be acquired when you do already get sufficient experience
towards the market so simply means trading as long as you can will really give out significant effects.

In my case taking profit helps. Being rich is great too ;)

When I made my first investment i had almost no money so losing even 1000 dollars would be a huge hit for me. When I made my first profit from trading I got out and kept playing with profit. Telling myself that all that I'm risking is profit made me more confident.

Understanding what you're investing in also makes you not care about fake news and other people's opinions. You know what you know and that's important.

That is what we called FOCUS.
Many traders have been fooled by fake news that typically makes huge changes in their decisions and mostly it gives negative results. Though we have sometimes to watch and listen to the news for our market analysis, we also have to think if that is reliable or not because many news has paid to publish wrong information.

And the other thing is that we need to have a plan. Simple, this gives us direction and helping us to make good decisions.

That quick money making wannabes are the real trouble in all of trading world, not even just in crypto, it is true in everything else as well. Becoming a great trader takes literally years, you do not become a great one inside even one year, if you have been trading for 10 months and you will still not be a great trader, sure you would be on your way to become one, and you will no longer be a newbie and you would know a lot of stuff, but a great trader becomes a great trader in years of hard work.

How can someone think there are people out there with 10-20 years of trading experience, 5+ years of crypto trading on top of that and they make profit so they could be also making a profit with their few month trading experience and barely reading any material about how trading works? At the end of the day there needs to be some losers so that there could be winners, I guess those greedy hungry newbies are the losers we need to profit.

As an individual traders in cryptocurrency, you need to have a good strategy, that's why in checking monitoring the graph you could
find an idea if it is the right timing or not in terms of Buy and sell whatever altcoins you have or Bitcoin either. So, if you hit the price you
set in the platform it means there's a lot of traders or whale controlling the movement in the chart.

To develop a stronger hands, you must loss something because personally, I loss my capital before because of being greedy and afraid of the market, and that time is my turning point where I realized that I have to improve myself and I have to be more disciplined. If you don't want to experience this one then better to start building yourself first, don't think for easy profit and always think before you trade, the market is very dangerous to those who don't have the right knowledge. 

Anyway, I can't blame myself for being a FUD fanatic and being a panic seller. Now I'd found out that I was fooled by this fake news while it totally ruins my plan.
TBH, I easily got tempted to sell my Bitcoin when the market dumps even it was a loss for me. Maybe it is time to change this kind of behavior and let the positive insights live on me.

People think that this is a god given thing but it is not, it is about practice and over time you just get used to it as well. I have been around bitcoin so much that no increase ever shocks me anymore and no crash shocks me neither, I can see bitcoin become 200k in 3 months, or it could become 5k and all of that sounds as reasonable as it gets.

Getting "bored" of the movements of bitcoin is the key to this, of course it is not really being bored because when it goes up that means I profit and I am happy about it, but there is nothing surprising about bitcoin going up anymore, even 40k wasn't really that weird because why wouldn't it be 40k? Eventually it would be anyway, so I kind of expect bitcoin to go big and go low all the time. When you are not shocked about the prices anymore, you have stronger hands because you do not care about the volatility anymore.

Staying firm to the decision you have taken should do the trick, sure you might alter your trades at times and come out successfully some times but that's not a guarantee you can carry-out such alterations simultaneously and be profitable all the times. Doing so also means you didn't carry-out your TA perfectly and would start making you loss confidence in yourself.

The market is under the influence of manipulators, the whales know their games can trick gullible traders to falling victims to their games so they do this occasionally. You just have to stick to you plans and if they don't play out as you have expected you work on yourself in improving your chart reading skills/interpretation.

But there are change of mind or decisions that can definitely save you up on some unfortunate events and i can tell you  that it had saved me for a lots of times where i do hunch about on changing
my decisions or goals on a specific trade on a certain day.It isnt as always though but there are really times that i do really experience it along the way. Staying firm is always a good thing or suggested one
because sticking to plan are much more preferable because if that one doesnt work then you can jump to other one but it isnt really bad either to change up something which you do saw
that there might be some probabilities of success.

Just trust the process and stick to the plan for you have to trust the strategy you have made if it will work out or not. Better see to it that you won't get distracted upon doing it and avoid getting mixed up by emotions on doing decisions for you will just end up pulling out and regretting it once the plan you have made out do really works. Failure do always come before you can gain success because failure does not just give experience but as well as learning. If you are afraid of taking risks and trusting the plan you have made out the could be possible to work out, then trading might not be for you. If you wanted to test how tough you are in trading, you better hold into your decisions and assess once it was all done.

this .. already answers your question . if you believe it do it but to most of the traders utilizing chart is important . if you can trade well without charts , you may have a special talent that cannot be found elsewhere

it was like the whales read whats on your mind and they counter you but no thats not a new thing in the market . we often expect what is unexpected .  you are normal

to develop strong hands you must be strong build muscle and work out . joke :D  . you need to be confident with your moves .

You should have the guts to risk what you can afford to lose in trading and in order to deal with that, you should practice having that mindset and dealing with the market.

It is hard to develop patience, confidence, and skills when you are not really dealing with how playful the market is. I just don't get it when people are saying that you should trade because it is profitable.

It is somehow true but that's not a 100% win or profit for you because in trading, risks are always there and will make you weak, scared, and incapable of losing your capital.

There are many threads discussed before on this type of topic and you can have a check over them if you want to have complete knowledge regarding this matter. But most importantly there are some points which I think are useful in trading which are as follows:

1)Set your profits margin: You should be clear regarding your profits and you must not compare your returns with other investors as your profits might be someone expense. So you should be satisfied with your returns over the market instead of getting greedy and loosing all your funds in getting a little more.

2) Experience comes from mistake: Don't get hurt if your suffer loss in the trading during dump situation which is quite common for the new investors as will give you experience to deal with panic and complex situation of crypto market.

3) Invest what you afford to loose:  As stated by many invest only upto that amount in starting which you are willing to loose otherwise you will not survive in this highly volatile market for long run and profits will never get into your basket so be safe and invest wisely.

All you can do is control your emotion because that is the basic thing you need to do when the market drops. You can set the stop-loss, but if you still panic, I do not think you can get the right price to set the stop-loss. If you can control your emotion, your mind will see a clear sign when you should place the price to stop-loss. You can see another sign when to buy back after you sell your coin, and who knows, with having control of your emotion, you will see a chance to make another profit in the bear market.

New traders mostly do mistakes in these parts. They heard someone saying a price prediction of a token after few days they go to the exchange and buy that token without judging it. A trader should always stick to his plan and always books his profits. Many times price bounce back just from above my buying target and this happen often. In these case, if I let my emotions control that trade then I am already in the losing side.

I like your thought on this... it does not stray from reality

That is very true and that should be printed out and hang on the walls of every trader. If you have a plan in mind and you want to follow that plan, you should be focusing purely on the fact that you could make a profit from following that plan and having extra emotional movements and early outs and getting scared will not help you no matter what.

Hence I believe it is vitally important for a trader to be patient, because if they can wait it out and they can hang on, they will most probably profit from it. Strategies are usually good, rarely they fail, unless it was done by a newbie without a clue how they work, the only reason there are people who end up losing money is because they can't wait until the end of the strategy and how they could profit from it. Hell a simple buy and hold would profit you in the long term , it is literally that easy to profit.

Just set aside your emotion because if you got carried away that is the time you'll get panic and lose everything that is why you must control as much as possible. The next thing to do is to have a plan and you gotta stick to it. There could times that your plan will not work but that is okay there will be a lot of opportunities ahead besides, it is normal in this market due to the fact it was volatile. Just don't be greedy and don't panic. Better to set a stop loss and make a target price to sell. And once you set your targets you don't need to watch the market all the time 'cause there's a chance that it would create uncertainty or confusion that could cause a panic.

There is no wrong with listening to others but what went wrong is that we don't spare time to think about it, we make decisions so fast.
I do watch the news, hearing FUDs, but I weigh them also if that is true or that only a fool. Usually, we feel regrets after, it sounds harsh but that is the reality and we commit mistakes because we are drag by our emotions.

And one way I think to have a stronger hand, is to face the reality. We can sometimes lose and sometimes win, that is exactly how trading will be.

You made some good points but the problem he mentioned is a little different and its not about risk management but it is related to panic avoidance and how to remain calm when times are gloomy and portfolio is dropping like crazy in dollars.

I can relate this problem and this is one reason why I limited my trading because no matter how confident I feel about a token and even Bitcoin but once the price starts to topple I just cannot control myself and feel like its the end of the world. I know it will recover but instincts are strange and decisions are rather emotionally. So now I avoid trading unless I just feel good about bitcoin price and do leverage trading.

Being successful traders is indeed very difficult, you have to experience several losses first. So that we can learn from mistakes, that way we will not
repeat the same mistakes. I don't agree with trading without doing analysis, it would be like gambling. We do have to learn how to read the market,
that way we can determine the buying and selling prices. And being successful traders must go through a long process. So there is no success
in trading that is obtained instantly.

Unfortunately those people who make mistakes due to being new in the crypto world and thinking there is something talked about that would go high are the reason why they will not be making a lot of profit in the future neither.

This is crypto we are talking about and if you are not sure about what you are doing and depending on someone else to do your thing, you are about to lose a lot of money because of it. I personally think that the best way to approach is always find the best crypto you want to invest yourself.

Look at bdo for example, it is bdollar on binance smart chain and it has been paying people so so well for the past few weeks and people who invested on it made incredible amount of return, nobody heard about it, only a few people did, it was just in a few million dollar range for all its existence and people argued it would be bad, but the ones that invested made 3x of their investment in just 2 weeks, finding those are incredibly hard and very very risky but when you do you make great returns.

On my personal experience during the times of productivity in trading, I was able to risk without having analysis but it turned out failure in the long process. Though I've learned from that big mistake, but suddenly I woke up with regrets. Much better if we're filled with knowledge before facing several challenges, because trading isn't an easy job to do. We need to build a self confidence in order to achieve our goals smoothly, despite of struggles.

Well said. Having great amount of knowledge, experience and enough courage are vital in trading.
I believe we are destined to face failures in life, once or many times, to learn and be ready for what’s next.
Let’s just look at the bright side that even though we loss some things, we also gain some; our lessons.

Get yourself a coin that's pretty much solid like  BTC  (https://trade.kucoin.com/BTC-USDT) and  ETH  (https://trade.kucoin.com/ETH-BTC) and never talk to anyone that does crypto about the charts and trading, never looks at charts every hour, never lose your sleep about the prices and store them in a cold wallet.

You should set your mindset that every buy is for long term. I once left 20 cent worth of some obscure alt on my exchange wallet back in 2018 and never opened it ever till just a week ago. That 20 cent is now worth 1.8USD! Imagine if i left significant amount for that much time and opened it 3 years later. Would've been a millionaire by now

I generally don't take a gander at graphs and time passages haha. After roughly 4 years of holding, FUD and negative posts when all is said in done basically does nothing to me. I need to have an objective cost to sell and set the alert that will ring when the value contacts my objective cost. It is hard unexpectedly, however in the event that we have another thing to do, we can do that and won't generally consider the cost.

Experience will be the most common reason for you to withstand any possible rushed decisions that you can possibly make specially if you do deal up with this market.

If you do have already that fixed plan of yours inside your head then following it or sticking with it will be the most challenging but once you do able to  sustain and able to follow
on what you have planned inspite of countless hard situations in the market then you are really just doing fine.

Developing something or shall we called patience and strict discipline isnt something simple that someone could able to attain and overcome it.

I generally don't take a gander at outlines and time passages haha. After roughly 4 years of holding, FUD and negative posts by and large basically does nothing to me. I'm wound up taking benefits beneath my value target, it will result low benefits and change of danger reward proportion. I need to have an objective cost to sell and set the alert that will ring when the value contacts my objective cost.

You only need to be knowledgeable about crypto and of course trust is very important.

Even if you are knowledgeable but you don't trust a certain coin like bitcoin to recover if it dump, you will still make a bad decision as you are likely to panic.

We have a lot of investors that do panic selling when the price dump but buy when there's a FOMO, that's very wrong, the timing is completely the opposite of what needs to be done, so in order to ensure that you are in profit, there should be no room for panic in your heard and mind.

You must be trading with alts because bitcoin has seen a gigantic bull run and if someone fails to profit in this kind of run, trading is not for them. But coming back to altcoins trading I feel that you should always invest in coins with high trading volume, the reason I am saying this is because the coins that have a big market cap do not collapse easily and minor price fall won't change your mind like you said you panic when a bearish run happens so having a big market cap means you won't shake easily even as the value drops.

Speaking from personal experience that might be the best thing one can do and just don't fall for ICO scams. I mean the crypto market is too hard to predict and with altcoins the pump and dump game always happen so better invest in the worth of the coin more than the cost.

After doing research, analyze the chart, and calculate the probability, just set your target and stop-loss, and stick to the plan.
If you think; always look and observe the chart all the time makes you doubt the previous settlement, so don't do it, just set buy-sell orders and leave it until accomplished.
Moreover, you can set some targets and put some orders as backup plans to achieve your eagerness in trading.

Always set some Plan B because any plan that we had set out initially doesnt really comes to happen from time to time which means we should really be preparing
some measure in case if that would happen.Trading does really involve lots of trial and errors which means we would really be needing to have some good
grasp on it.Developing stronger hands cant really be obtained on just having few trades, this will particularly talks about numerous numbers of trades
on a long period of time, having some good experience will really be the one key aspect on making yourself better in terms of stronger hands.

Experience is important in all cases. If you want to control yourself in the crypto market, you have to prepare yourself in advance. To set a trade target in advance, the trader must be experienced enough. Because if you set a target with the trade against the trend of the market, the result will be negative.

Most of the traders panic in certain situations so that their losses increase. When a trader looks at a target, there is a chance that the opposite will happen.

Agree with this, you strong hands came from our confidence and that confidence that we build is because we already know what will happen or what is likely to happen in the market. Nobody will be feel nervous or feel panic when they know that the certain coin may be dump first then fly after some time. Strong hands cannot be develop in just 1 night, it will take some time and courage for you to get that, it will take some losses of course there's no prevention in market losses.

This is the fear of losing your deposit, I also had it at the initial stage. I advise you to place small orders at the bottom and immediately place an OCO order for the growth of the coin, then you will be sure not to sell your deposit at the bottom. I used to panic when I saw that the coin was falling and immediately sold it, went into a minus, now I can wait for weeks for its growth.