If we just follow the basics in trading with buy low and sell high strategy, we will still not lose even if the market price falls down immediately.
but the question is how can you buy low when you dont know the exact bottom price point for cryptos ? plus the market is hardly going down these days . the same as selling . its easy to say sell at highs but the market wont just increase or pump but rather it usually remains stable at a median price .
@op no stopping ? are you sure about that ? what if a trader is tired and feel stressed ? its a good thing to take break for while to be able to relax ....
I understand the difficulty in knowing the entry point, but as a trader, one has to really learn how to use technical analysis if one is to know the entry point.
Most cryptos has already bottom and any amount one buys now for a long term investment will still yield a very solid result in the future, but we no longer deal with bottom again now for short term trade, we only watch out for when these cryptos drop in value to buy, then sell again when they increase in value.
There was a particular day, bitcoin dumped and pumped almost 3 times in a day and through my technical analysis, I was able to take advantage of those points to make profit.