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/At least you made the right decision by taking a break after what you experienced in trading. because I personally sometimes go on holiday when I experience bad things in the market. I always take a break for a few days or until my mind is clear and calm again.
And during yesterday's decline I also experienced losses in several trading pairs, namely in several altcoins that I accumulated for swing trades. fortunately I played on the SPOT market. But still a loss of more than 20% really makes me frustrated. But because I am also a day trader and am used to volatility. So I always have a way to recover my losses so that at least they return to zero where my capital is intact again. That is, for example, I go negative on WLD coins and I then sell them on Spot and then I transfer my funds to the futures market. And then I placed a Long position for the WLD trading pair with 4x Leverage and that way when WLD rose only 3-5%, my capital that had been lost by 20% on the spot market was now back intact. And once it was intact, I returned my funds to the spot market and started accumulation again on that trading pair. So now my position is back in a profitable position. because I became successful buying from the bottom this time. But I'm also going to take a short break. because I think my mind is getting tired of looking at the market. But I really missed the hike that happened last night. even though it is a good moment to trade.