A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
What is your experience in this field?
For me it's just over-risking, over-trading, and micro managing. Since it's a bullrun, money easily flows in the market. Volatility is higher. Which means losing money is on its peak also.
The problem during this season is many people can make a lot of money, but they also lose it all the next day. Even they are just doing spot trading, they overtraded or over-risk to get their money back but they ended up losing their accounts. The profits they had during the week, they end up giving it back. Or in the other hand, they know they should be holding it long term, but they are managing it on 1H time frame. It doesn't make sense to micro manage it if you are there to invest. It will only lead to impatience and selling your coins into a loss.
Knowing where BTC is going doesn't matter if you cannot manage your long-term trades/ investments well.