But the logic is very simple. Buy low and sell high. But the reality is not that easy. When the price of the coin drops again, we should buy it, but we are afraid because we think the price will go down again. Conversely, when the price of a coin has gone up high, we buy it with the belief that this coin will go up again. So it's actually our mental and mindset that we have to change. So that we can be successful in investing and trading.
Yes, after we buy, if the price drops, we will also feel scared. We will want to stop the loss in time, causing our currency to be sold, and regret selling our currency when the price rises.
So we have to adjust our mindset and don't be afraid of the market. Exercise our courage. It may seem simple, but it is actually difficult to do. So take your time.