One thing I remember too well about forex trading which is one of the reasons I do not love it is that once the market moves against you, it might not recover anymore.
That's why Stop Lose (SL) is highly recommended in forex trading. Determine your risk to reward ratio before triggering a trade. However, most traders; especially those starting out newly find it difficult to place a SL because they don't want to record any loss. The sad thing is that these traders, most times eventually lose more than they should've if they placed a SL.
Unlike crypto trading where a coin like Shiba can still make moves after about 1 year of dump .
You can say this if you're merely hodling it and not trading on leverage. Those who trade cryptos on Spot will say there's no way one loses even when the coin dips; they will wait for it to recover like the Shiba example you gave. However, that can't be said for those doing leverage trading. Leverage trading works the same way forex trading works. One can lose all if the market goes against one.