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.
Professionals already cut their loses while it's going down to by as much as 20% depending on the tolerance. This is the most crucial difference on the level of experience, managing risk. Even this key point is the difference between successful and non-successful ones. You don't hope and mix with other emotions when your trading, you have to have a very objective plan. From the time you enter the trade, you already have an exit plan.