For the highly volatile risk market of cryptocurrency, the vast majority of people are actually only suited for right-side trading, meaning they should only open positions when there is a clear market direction. However, our greedy nature leads us to always try to buy at the lowest point and sell at the highest point, thus unknowingly engaging in left-side trading. Yet, our fearful nature makes us easily give up and suffer excessive losses during market panic due to large positions, ultimately becoming the market's liquidity.
Only holding profitable positions and thus fully owning the initiative in trading is the core of trading. What about losses? Plan the stop-loss level before opening a position. Only open a position if you can accept the loss, paying for the mistake.