I prefer to follow my plan instead of buying in a hurry
Yeah, finally BTC dropped to 40k, as I planned in my post here The crypto market is bleeding again. I will wait for the price to drop to 41k to buy bitcoins. Turns out a few hours ago bitcoin went down to 41k and I had bought it at 41k, I will take profit at 55k. Although few days ago, bitcoin has gone up to 48k, but I didn't buy it. Because my plan to buy bitcoin is at 41k, and I don't like to buy in the middle of a trip like that. Because usually too much manipulation, so I prefer to buy it at the zone or price that I have planned.
So if I have a plan, I will know where to buy, where to stop loss, and where to take profit. I prefer 1:3 risk/reward, I prefer small risk and big reward. And I always remember the trading system and money management in trading. :)