The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.
So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.
Then what is the way so that I can make a big profit ...?
How to effectively avoid unnecessary losses ...?
Don't sell at any cost if you find that you are going to lose your money on a trade,there is no hurry to make trade make your intentions of trading clear it is just to make profits not just to buy and sell and keep doing.
Right exactly it is not good to trade when the price is low and when you know earning is all about making progress with your investment, so if you see market price is not good enough to make your earn, you can simply wait and hold as holding is best way to obtain huge profit, but selling for panic is just lose nothing else.