It is exactly true that sometimes we make mistakes and we have trouble figuring out a way to extricate ourselves from the situation that we put ourselves, and similar things can happen from NOT buying bitcoin or even selling too much too early. .and we sometimes will trap ourselves into feeling that we have to wait to make a new entry point because we might consider that we are either locking in losses, or buying higher than we could have or buying higher than the price that we sold.
The mistake was the common one,many people had start to buy the bitcoin by seeing the 3k pump in the bitcoin price.So it’s never exactly expected by many people on the market bear of 3k in the short run.But the exact reason will be know by the experienced people,this is just the small dump after the new all time high.Many traders had sold their valuable bitcoin to get some profit for the long term holding bitcoin.Now the market will back to the 45k after few days,we should wait for the next correction in the bitcoin to 45k dollars again.
Shitcoins lend complexity because they should be considered as "in and out" kinds of holdings, but some people get into shitcoins and do not realize that they are "in and out" holdings, and they were investing under a different presumption, such as long term investment and maybe even like 10 years or more, and so when they believe that they got in super cheap because it was only a few dollars or even pennies, but then its price ends up going 80% lower, there can be some bafflement regarding how their beloved "investment" aka piece of shit is ever going to recover in the supposed rosey pictured world-changing vision that was being promoted at the earlier date.
The traders should not invest their money in the altcoin by seeing the price movement alone,because some of the altcoin will began with the 1000 percentage to get the buyers in the market.But in the couple of months we can able to see the same amount of the reduction in the altcoin price market change.So check the altcoin background like the owner profile to avoid of losing the funds in the shitcoin.