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?
I think you are mixing things up here, trading more doesn't put our trading account in jeopardy unless we are mismanaging our trading account. The plan could be faulty, if not, one can do whatever they like when the market is strongly trending up or down. What matters is for the trader to know the right striking level and time and the exiting level at the same time, and also know the right money and risk management to use at that point in time so that the view that the market is bullish and smoothly trending will not cloud our judgement. The market is funny and the one you see seriously trending up for hours and that has moved 250 pips steadily could suddenly reverse sharply downwards with more than 350 pips depending on the factor that caused it. For this, serious traders will always be ever ready even as the safety of our trading accounts should be the top priority and not the expected earning itself.