The cryptocurrency market often experiences significant rises and falls. Can I buy during a big drop and sell when it rises again?

Theoretically, this is the most reliable way to make money, and it's the underlying logic of speculation—buy low and sell high.

The problem is, when you encounter a big drop, you can't judge whether the market will continue to decline, and when you face a big rise, you also can't judge whether the market will keep rising. Additionally, there are countless small drops and rises in between big drops and rises/small drops/big rises/not much drop or rise (commonly known as sideways market).

When it drops, you lose money, you get scared, you sell, and then it rises back up, and you regret it.

When it drops, you lose money, you think it will eventually rise back, so you hold on, but it plummets, and you get deeply trapped, and you regret it.

When it rises, you gain, you think it will continue to rise, but then it drops back, and your previous profits disappear, and you even lose money, you regret it.

When it rises, you gain, you fear it will drop back, so you sell, and it keeps rising. If you hadn't sold, your principal could have multiplied tenfold, but you only made less than double, and you regret it again.

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