I have observed that some people place bigger trades in crypto simply because they lost the previous trade. It is clear that this strategy always backfires in crypto. Take your losses or you might just end up with even bigger losses in the end.
One of the mistakes of crypto traders is being eager to recover the losses that have been lost, emotions will be even higher and even uncontrollable, which in the end your losses will be even greater.
Whenever I make some losses in trading, it can be painful but I don't focus on what I have lost. I simply try to lean from it and focus on how to do better next time.
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