I think that you will be making greater mistake if you are relying on just 1% drop to rebuy in the market after you sold. You should rather hodl and not sell in the first place. You seem to be seeing the volatility as your partner or friend but it is not because that 1% drop you think or expect may turn out to be a bear trend eventually and it can go down far than you will think.
Look for support or resistance to take your position and trade with stoploss

I think the only time that bitcoin will be better is when you trade btc and make money from it. Stocks also has its own winning side when it rises and losing side when it drops just like bitcoin too but a good bitcoin trader can enjoy more than when it is left in the wallet.

I don't believe your prediction. Are you sure that most of the listed coins are not from etheruem platform. The etheruem platform is a big one that carried many erc20 project before now. Etheruem keeps developing and now with 2.0 is a classical development and these listed coins don't have the technology to take etheruem out of the market.

I think what you could be asking for is either a trailing stop or simply a take profit.

A trailing stop follows the market as it moves, it takes you out as soon as there is a reversal before it get to your entry. Then take profit is set to a point that you want to take profit. And both are automatic trading that when you are not there, you orders are taken. I don't know if this helps.

I also feel that too. Protocols and projects always have challenges to handle itself and such that will be deficiency in it that another protocol will take care of as a niche and more etc.

Etheruem has been having the challenge of scalability and many projects have tried to solve this yet the coin still retains its position as the second top crypto coin in the market. Although, while Ethereum 2.0, the network’s second, proof-of-stake iteration, is almost done, there is little faith that these solutions alone will be able to give the market a truly decentralized and efficient network.

Either there was this lack of faith that led to the creation of multiple-chain networks, all of which set out to solve Ethereum’s lack of scalability. There are dozens of networks like these currently on the market, but few have managed to get the traction and recognition.
The coins that have toped in the list of technology to take the shine off etheruem are Polkadot, Cosmos, and Avalanche but they are also having their own technical and technological issues which is why etheruem is still much relevant and occupying the position it is today.





https://cryptoslate.com/comparing-the-technicals-of-polkadot-dot-cosmos-atom-and-avalanche-avax/

I got the chart of it here



This is really volatile indeed. I'm sure many traders took profit and some lost too.  

In calculation from the chart is

$38,051 - $31,963 = $6,088

Wow... $6,088 is huge within the short time.

Candlesticks do tell stories and give direction of market. While learning about trade I use to rely on candles.  They tell stories either for support or resistance especially when the same patterns are formed, they certainly tell a story. A longer time formation of candle sticks that appear repeatedly is a good sign if well interpreted.

I'm not accepting this reason in total. Bitcoin was to be popular even without covid-19 because last year was halving for bitcoin and at every halving, the market for bitcoin expounds and marketcap increase. It happened in 2017 and last year would not be excluded. Covid-19 was a chance happening for bitcoin.

Reading through, I saw a trader who does not care of figures and percentages to put in and expect in return. Someone who is not trying to do a proper and good trading skill. You can actually learn to trade like an expert. In advise we need to learn to trade like experts, the use of percentage to measure our risk and gain is good. If we don't trade this way, we maybe scalping the market and forget all the rules to trade which is not professional and we may be losing than gaining.

I determine my decision on times like this with the candlesticks. Candlesticks can help on this too but not with 1m time. If you are lucky to catch it at the close of the day or a longtime that is better. But going off from the market earlier enough when you are confuse with the bigger meat gets you happier anyway.

Sorry it may not be as you said that the people who have died because they won a big bet was because of history of heart attack or disease. Anything can spike the heart and when that happens, it is called heart attack. These can be caused by anything that can increase your heart beat or pulse. Excess excitement, sadness that can change your mood can only cause it but for excitement is instant. Fear, loud noise can also.

In the bet win in example, the winner can heat a big noise of shout of excitement by a brother, a friend or relative who hears of the news before the teal winner to come and announce the winning. So it may not be about having the history of heart attack but can be caused by anything.

In protecting yourself and your account you simply need to avoid greed and also use a tight stoploss strategy. By this you can allocate a very minimal stoploss from your account maybe a small percentage like 1% to take your risk of trade to lose and great a larger profit margin. This is how to trade. You can also make adjustment of your profit bit leave your stoploss where you set it.

These indicators are good if you catch them on the trend. Meaning that they play along with trend if the trend is still onand stable but if the trend change either due to resistance or support level, then they find it very difficult to be follow but with stoploss you are good for whatever tide that come in the market. You need to include Fibonacci in you strategy to help you direct the the market.

I surely agree with this @jrrsparkles and that is one big problem etheruem faced because of many shit and scam project. That really brought etheruem in a staggering foot back in 2017 because much fud was on the platform from etheruem like scalability challenges etc but I think etheruem will come up better

It depends on your love for profit and of course everybody likes such. Then as far for profit, bitcoin pairs are looking volatile, trading such can better satisfy your drive. Bitcoin has the most trading frequency if in comparison and this make increase of volatility.

I also support this points my friend  These points that I have quote will help even a newbie trader to have a successful trade. Stoploss is important to include in trading because it gives the assurance that you still have balance left. And I like you saying not loosing money is more important than making profits. I will drop my smerit.

Nothing is impossible actually or indispensable too but for now etheruem is still the choice after bitcoin in cryptocurrency rating. Nobody is thinking etheruem won't be overtaken but we can also see the chain of activities in crypto world. We see if etheruem goes bear many projects also drop. And in general talking about bitcoin also when yearn.finance (YFI) went pass bitcoin because of pump, it has stabilize @$29,855 now and bitcoin still topping @$31,889.  But the thread isn't whether etheruem will be the best altcoin in future but it has all the factors including

1. Low fees
2.Fast transaction delivery
3.Large network coverage
4.Ground for ICO projects
5.Network update and technological growth.

I read the topic in ibtimes.com and I find it looking interesting

KEY POINTS WERE NOTED AS

Despite new competing blockchains, Ethereum is still the top choice among developers

Fees have contributed to Ethereum’s growth

The total value locked in decentralized finance is now $26.55 billion



On my own contribution, I think the etheruem platform has got advantage on this because it has a wide coverage because
The majority of the cryptocurrencies were actually ERC-20 tokens built on Ethereum platform, despite new competitors coming to take the market away from the dominant blockchain but it has continued to grow far above other altcoins.

I will consider that, no problem on that was thinking the beginners will have a thing to learn about ethereum


Bitcoin has been the leader in the market. It also dropped which is why etheruem followed. I guess you know the cryptocurrency history of bull and bear