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?
As a trader it's quite dangerous to buy high that is when the market is at the peak I believe that is the zone to take partial profit as a long term trader while short term traders can take all their profits and wait for another pullback of the price thus buy low using DCA, price movement is fractal and considering the high volatility of prices of cryptocurrencies and once profit is not taken at the appropriate period when the market is very bullish then there is the tendency that price would drop which can lead to liquidating account of future traders, I had a personal experience of not taking profit at a bullish market consequently ended up losing the trade.