Basic knowledge about crypto analyses is Compulsory for every traders . without knowing about crypto analyses no one can start trading and hoping profit . and the second step is holding Patience . If someone can follow these two aspects at least then he can earn money through trading
Patience is important for investors, traders need discipline. If a trader bought coins at a high price and he just endures, then he can definitely get -90%, and the discipline will oblige him to follow clear rules that will never allow him to lose such a large part of his trading deposit. Investors are also required to know the basics of TA in order not to buy coins at too high a price.
Investors needs every knowledge that he can acquire before investing, following your strategy before you execute your buy position is a must in order not to lose your money, it's accompanied by a good understanding on how the market will move and how your selected project provides you good amount of profits after some time of holding the coin.
a experience crypto investor will never buy when price is going up, capitulation is very important, that is the best time to buy and relax peacefully.
Yes you are right if you are gonna trade for long-term then it is obvious that you should find a good dip for trade. On the others hand when you came for short-term trader .But on the other hand, in the case of short-term trading, I think professional traders do not care whether the market is high or low, they analyze the candles of the chart well and then trade.
Experienced traders don't care about the current market situation, they are more into how they can take advantage of the situation and find the suited asset to buy for them to get something decent out from the assets that they invested their money.