This may be easy for people who think for long term investmnet because they believe that BTC will rise up again.
But this will be didferent for trader who may feel bad when the price of BTC is dropped too much because they also still need the asset to trade and get profit everyday
well that is the difference between people who trade daily and people who invest long term.
people who invest long-term then their mentality is already prepared with what will happen as it is today. because the price goes down and up is normal. and they only focus on the price target or big potential in the future.
but I can understand those who trade day by day. those who choose a cutloss after a loss of a few percent is a good move. because they can buy back from the bottom and sell back at the top.
so the two circumstances have different methods between scalpers and long term investments.
and its application should not be a scalper using thinking that invests long term because it is not suitable. because scalpers or day traders focus on daily earnings. if you lose today. can start trading again the next day.