What stopped you when the price was low? don't let the sudden increase make you rush into the market- learn to control your emotions.
One of the challenges of some traders is that they don't know when is the right time to enter the market. Some traders feels when the market is red it is always a wrong time to get into the market to trade. If the green should only be considered as the best time to enter the market, I think it won't always be a right decision. Going into the market when it is green is just greedy sentiment for trading.
Sometimes when the market is red it can also be a good time to enter the market if carefully watched. Not all green ends up with profit and not all red ends with loss too.
Traders needs to learn when is the right time to enter the market and not to judge when to enter with a particular signal. Signals are unprecedented and may change faster than it's expected.
Bear market, price drop, red whatever the situation is, if you do your analysis correctly and enter the market, it will be beneficial. Because these are just opportunities. If the market is red, it is the best time to fill up your bags and just wait for the next green. Fear and greed, these two are the main reason for people taking emotional decisions when entering the market. Fear comes from doubt in the investment plan that they have made. What if crypto never goes up again? What if it stays like this forever? This leads to fear. So they avoid getting into the market when it is red. Also, the greed of making more money in a short time seems more valid to them rather than looking at the bigger picture. They think that when it is green and growing, it will continue to do the same. But they never realize that, what goes up, comes down too.
Well, these kinds of sentiments are found in newbie traders or those who are unable to control their emotions. Those who know this very well and have experience with it will see this as an opportunity rather than bad things happening to the crypto market. Fill up your bags and chill out till it's all green again.