when so long bitcoin and altcoin have significantly reduced prices, many traders are very panicked and sell some of the coins they buy at high prices, and because of their fear they will reduce their capital, they are afraid to lose everything, in panic and fear they will lose all the capital they use, it really makes the traders really lose, but now that the market is recovering, is there still a reason for a trader not to return to their trade? if for me this is the time for us to rise again and return to our trade, so that we can cover the losses we have suffered so far, so never think of stopping trading for example we want to return all our losses, and we can get more profits .
Don't be so encouraging. Technical analysis works in all markets and in the cryptocurrency market too. When Bitcoin cost $ 10,000, then everyone shouted, it is cheap and you need to buy. Yes, now bitcoin has grown, but correction is inevitable. And certainly it makes no sense to buy it now. Simply wait for the environment and buy below.
Exactly, in every aspect of trading there is growth and technically we need analyse the market. Of course, the market correction are always important to us, so we shouldn't wait for the market down time because people will grab many coin when the market is completely in down trend.
In trading we have growth, and we have fails, knowing what to do when its going up or down is what makes someone a good trader who make profit. Corrections are part of the process, you can avoid them as a trader. Only long term holders should learn how to not be touched by correction and to not sell in panic, traders are the ones who buy in corrections.
Once you get into crypto in anyway, trading, holding, having fun, soon you get addicted to this new world and there is no word about moving from here.
