I've been trading btc for too long, if it was so easy everyone would be in profit trading it
btc is doing extreme lows and extreme highs
to liquidate everyone
again nothing to do with hashrate
they can do a wick to 10k tomorrow if they want
exchanges know all the buy orders and they will do anything to liquidate you
just stop following some rules
there are no rules
some ppl are good at reading charts and those will do the best
but relying on some "fundamental" crap will get you rekt
I don't recommend trading, that's generally what poor people do to become even poorer.
The best way to deal with volatility is to dollar-cost average (DCA) into an asset over a long period of time.
Imagine buying $10 worth of bitcoin every week for the past 10 years. A much better strategy than trying to buy/sell every zig zag.