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 ...?
That is okay! Everything will go under your control someday. Just be patience and determined to gain profits. There are traders that same as you. In fact, I knew that all of us are losing money. However, we need also to learn how to maximize our profits. Eventually, all of the thoughts that professional will be learned once you will focus on it.
Losing money isn't easy to prevent these days, because of the volatile market and all you need to do is always prefer holding longer terms. Don't get mad when you notice that market is crashing, it was just a part of a growing community. Sometimes we need to consider those failure of gaining profit a challenge for us before we achieve a better future from our assets.