Sometimes to survive in a community, you need to follow the norms of the community. This is how culture and norms ensure harmony among its constituents. Pretty much like... to be alive... you just have to blend in.
The crypto market also has a culture. And that is a culture of profit-taking. Which makes the crypto market a community of profit-takers! The earlier one recognizes this, the better.
Otherwise, how else do we explain the common sight of a long green candle followed by a near 50% drop which drags on?
This type of behavior happens as single small green candle episodes, and in the patterns of major market blow-off top.
Why is this happening? It's people taking profits!
The effect of this profit taking is the huge volatility seen in the crypto market.
So to survive in this market, one really has to take profits!
Like they say, no one ever loses taking profit.
And of course, re-invest when a project is in the accumulation phase.