done the right trades but for people who did just got it on 50k+ price will totally freak out when they do saw this current correction which i could say that they should really get used to it because this is how bitcoin moves and in overall altcoins in the market as well which it cant really be avoided and whenever people do see
its dropping into its price then to those who arent that experience will totally freak out.
and it's things like this that beginners don't really realize and it's what makes them panic about a temporary downturn.
But on the other hand, the decline in bitcoin is actually worrying for traders because it will be very difficult for them to make profits in a relatively short time and have to wait longer.
Emotion kills those newcomers while it feeds the whales. Those big players who understand how to work with traders emotions.
They are actually observing and adding the pressure, if they see good market rise they will put more money to keep the increase,
while if they see downtrend expect that riding with the momentum is how they play the game.
Be careful and be wise while investing inside this industry.
On the other hand, it is actually excess understanding and learning that determines, I don't want to say that beginners are wrong in taking steps because maybe they still don't understand good positioning. but maybe it would be better for them to study deeper, especially when trading daily because indeed they all intend to make a profit but the result is the opposite