Please is long I'm trying to learn about crypto generally but I don't seem to understand most things as if am left out. I leant that even though crypto market is going against you can still make gain out of the situation because to me am only experiencing lost and depression. Please what do I do whenever the market is experiencing deepening? Is there a way to reverse your trade or investment at that point that will make you gain instead of lost?
The crypto market is a broad and versatile space for interactions and reading purposes. You can make profits when they're is a green or even a red in the market structure depending on the market order you placed. During a deep, you could make profits by placing a limit order which helps limit your losses and increase your chances of making profits though the market can never be predicted. I'm this market structure system, your Stop Loss(SL) is above your entry with your Take Profit(TP) is below the entry price. This order is mostly executed during the dips though a reversal should also be expected without sentiment being attached. Learning is the greatest attribute and takes time and consistency to build a solid mindset, so with consistent trials and failures, you build a stronger mindset of entering a trade even when you are having doubts , maybe that could just be your lucky day. But in general, consistency and resilience is key to a successful crypto trader.