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 ...?
The main problem is already in your posts which is panic selling. If you can overcome panic selling and then continue to hold then that is where you can achieve huge profits. The law applies in to any investments like taking care if your business until it grows bigger and getting tempted to stop because you don't see quick returns immediately.