Trading financial instrument , derivatives have high risk , and having full knowledge of risk management of position size is a key to make a quality decision. The fundamental impacts news can make you rich or rekt you especially when the hype in social media get built up. Many people lost their portfolio because of lack of market structure. Not every dip or rally you jump into. These is my view why many lost during this Bitcoin decline.
Those who continue to fear hardly make anything out of life, trading inclusive. Risks are meant to be taken. Do you know that a lot of people couldn't buy Bitcoin even when it was as low $3,500 because of fear that it would collapse completely, having crashed from a height of $19,000 plus? It's the same way some will stay out of buying now because they think it's over priced. Risk takers are constantly making the spoils count in this industry. However, I am on the path of necessary and calculated risk but not the reckless kind of risk anyway.