We cannot avoid this, every person must go through this. People always learn only from their mistakes, and only in this way a person will grow and form his opinion. It can be considered a rite of passage.
And yet we can partly soften the blow. It is enough to learn how to join someone else's experience, study other people's mistakes, look for where other strategies were mistaken and compare with their own. It is difficult, but the abundance of information provided allows us to do it .
It is very natural for a trader to experience frustration when the dump occurs, I also experienced that,
I bought an altcoin and I still lost 30%, and I was frustrated, but if the frustration is still in us, then it will be detrimental,
and I try to get rid of that, as long as you are still in the spot market your money is still not gone, so just relax
where price had dipped down after you had bought on the peak price and i do understand that kind of feeling which could really be frustrating and you would really be angry.
Is there something you can do? There's none but rather better to be mindful and try to resist that panic inside you where you should hold and make
out some cheaper buys since these kind of opportunity cant really be seen often.
