Almost all of crypto crashed 20% in an instance today, liquidating a large number of Long traders, I too lost all of my new and year old Long positions.
Reports claim over $1 billion has been liquidated. My share on that was a small amount. I'm now so used to being liquidated that I laugh at large traders loss than lament on mine own. I've decided to stay away from crypto at least a month before even thinking of whether to buy the dip or not.
https://cryptoslate.com/bitcoin-plummets-9k-as-trumps-tariffs-spark-over-1b-liquidation-frenzy/The current crypto market situation has become very risky not only for long-term traders but also for newbies. Due to the economic flow, the coins have lost their positions. This has caused losses to all traders. It is impossible to know where the situation will lead in the future. However, we expect the market to return to its previous position very soon.