I do say it to some of my confidants closer to me that the most delicate aspect of bitcoin is trading, because you can be losing even when we are on bullrun as you take a short position and same can happen to you if you are on long position and the market is falling, this is why we keep hearing about the liquidation worth of assets people are losing each time the market falls or rises, i hope we are always prepared for this, except we are long time investors ready to hodl.
This is only if you engage in futures and margin. I don't think the market is that volatile for a spot trader nlg to k know when to exit the market early, maybe futures can be a big blow on the face considering the fact that you are leveraging your trade and it might cost you but normal spot trader shouldn't have a problem exiting the market quickly especially when Bitcoin has already been giving the sign, it tasted $109k multiple times before it finally broke it.
No. The recent price movement on Bitcoin taught most people a lesson. The market was so volatile that it creates new ATH in less than an hour. We saw new ATH quicker in an interval of two days so any trader who entered the market in the opposite direction has to wait for a while before the going regaining back the value or make profit. It may take longer for Bitcoin to go below $107k so it may happen as the price is in $117k now.