Like me, many traders especially the inexperienced one in cryptocurrencies trading are finding it very difficult to invest into cryptocurrencies as many of us that buy bitcoin in January and February are still holding at loss. As a professional, what are your thoughts on this as we need your encouragement to be able to invest into the market again.
My honest advice is that you should take a little bit steps back, learn from your mistakes, see the things you have done wrongly and start doing it right, otherwise you will end up making the same mistakes over and over again. What has really caused a lot of people to make certain wrong decisions in this market is because they never cared to learn and that is something terrible.
If you are not ready to learn, then you cannot make substantial decisions for your own good in the long run. Also, you have to understand the mistake you made initially was buying the peak right, then right now that there is a dip, try to buy the dip instead and more dips as the come and then sell the peaks when FOMO kicks in.