Whatever you might be trading, bitcoin or memecoins, when the market spikes take it as a sign to leave not to enter the market. That should be the time where you know you have an edge over other traders because you were able to take advantage of when the market spiked. You were exactly where you were supposed to be. That is before the spike not after it.
Remember, Early birds get the worms.

and that was right before the market crash, and now don't do it anymore. Currently, I'm still interested in several coins, especially Binance Coin, Ethereum, and Cardano, after the main coin, BTC. A few days ago, the prices of these coins also corrected, making this point a re-entry point.
Our expectations can sometimes be disappointing when they don't materialize. Traders who bought at a high price will undoubtedly be frustrated as they are experiencing a floating loss. But, despite the chaos of the past week, we can learn important lessons to improve our trading knowledge and skills, and we know how to overcome these mistakes. Learning from each mistake will provide valuable experience for us to become reliable traders capable of generating consistent profits.
One day, the situation will change and the bullish movement will return, hopefully in the near future.