There is a very interesting thing that makes me a bit dilemma. Whenever I consider whether to look at an upward or downward trend in a trading cycle, things are always in the opposite direction. What is even more incredible is that when I want to abandon this transaction, the story is again It's the opposite direction.
1. Good speculators are always waiting, always patient. Waiting for the market to confirm their judgment
2. Don't completely trust your judgment until the market's performance confirms your opinion
Market is always working along with risk factor and you can't be sure whether your decision will profit you or not and you cannot mix your emotions with judgement which is risky.You always need to learn how the market reacts in different situations and what must be your response to that reaction which will judge your profits or loss.Always stay alert if you are trader and if holder then just relax and see pump and dump in charts.
The market is indeed risky and unexpected when it comes to volatility and sometimes what you see in trend is somehow a trap like a quick spike yet suddenly down after you sell but if you have stop-loss you can avoid it. This is why trading is risky that's why you have to minimize the risk of losing money or else you will see your funds eaten by the whales.
It's not all about the judgment of the market performance but it is also how you minimize the risk and diversified your funds. That's the risk you are facing everytime you enter this crypto market.