For many people experiencing their first bear market, I would recommend talking to people who have been through these crashes before. Many of us who are long-term holders of crypto currency and other investments have seen many crashes happen throughout our lifetimes.
When you have witnessed crashes before and not caved into the panic selling, you build muscles around learning to hold long. Personally, I have witnessed many new traders panic sell during crashes and seen them regret it later.
When you’ve seen this happen a few times you just gain confidence in your decisions and build the ability to stick through tough times because believe me the economy always does pick up again eventually, it just takes time.
Topic: advice for who are witnessing this market for the first time. - page 3. (Read 1069 times)
Be used to it. The market will never stay up all the time, it will eventually go down too so expect that you'll be definitely riding in a roller coaster. Once you panic, you lose your control that may lead you making wrong decisions. So always be calm and never gets affected with the current market condition as its never going to lasts. And with this type of current market, its always a challenge to stay patient as its the only way you'll survive and will still be profitable when the market turns bullish.
It is also important to keep our expectations at a realistic level, it is not rare for newbies to come to this market thinking they are going to become incredibly rich in a matter of weeks by investing just 10 dollars, and that is simply not going to happen, the days in which you could make such a small investment and obtain such high profits are gone, so the only way to obtain significant profits is to save enough money, invest in bitcoin and then hold those coins for long enough, if even one of those steps fails the chances you will get a lot of profits drops significantly. 
Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
Do not panic. The market price fluctuations are just normal because we are currently witnessing a bearish market scenario, and this will only be temporarily. If you want not to fall for losses, then do not sell your coins at a loss. Just stay calm and continue observing the market. Once the market falls for a deeper correction, always be smarter and take advantage to buy a lot of promising coins while the market allows you. Once the market turns into bullish, you can never do these things again.
The same goes when the market is going in the opposite direction. We should hold on and don't get too excited to sell because there might be more to come. There are still things that are also important to have other than to have a control. One of it is to become aware if what is going around you, like you need to watch out for the news or on the coin updates so that you will know if what to do before the price of the coin go on that direction you are suspecting.
Another one would be is to have a knowledge because when you are knowledgeable you will know if what are those coins that you must avoid and what are the coins that you should invest in.
That knowledge includes how to conduct market analysis to find out the price that will occur. Some research does need to be done, to predict each coin you want to choose as an investment. Some coins that should be avoided are coins that do not have a clear development, because coins without a clear development will only be trash. Choosing a coin that has real potential must be done with serious research as well as looking at the current list of the best altcoins. Another one would be is to have a knowledge because when you are knowledgeable you will know if what are those coins that you must avoid and what are the coins that you should invest in.
Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
We have seen this situation in the market from time to time One year is perfectly good but in 2-1 years the market is in very bad condition.But those of you who are new should never invest or trade in this market and trade or invest if you have good knowledge.And no one will ever do futures trading in this random market, everyone should refrain from doing futures trading.trying to accumulate and be wary on information as much as you could rather than making yourself dive in without having the awareness or knowledge at least.For first timers or who had just recently know this market then you would really be having that kind of reaction which you might panic sell most of the time which is likely the case but if you do find yourself able to know such scenarios then you would really know
on what you would gonna do in next time.Newbie mistakes are normal but better to avoid it as much as you can when you are just starting up because making out some research doesnt really cost you an arm
and leg to do that.
Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
We have seen this situation in the market from time to time One year is perfectly good but in 2-1 years the market is in very bad condition.But those of you who are new should never invest or trade in this market and trade or invest if you have good knowledge.And no one will ever do futures trading in this random market, everyone should refrain from doing futures trading.Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
My advice is incredibly simple, you need to learn how to control your emotions because during a bear market they are your worst enemy, when the price begins to go down it is completely natural to be afraid of what it is to come, especially since we know that volatility in the market of cryptocurrencies is very high, however you need to be able to manage those emotions because if you are not able to do so then you are going to sell for a bad price and lose a lot of money.Another one would be is to have a knowledge because when you are knowledgeable you will know if what are those coins that you must avoid and what are the coins that you should invest in.
Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
My advice is incredibly simple, you need to learn how to control your emotions because during a bear market since they are your worst enemy, when the price begins to go down it is completely natural to be afraid of what it is to come, especially since we know that volatility in the market of cryptocurrencies is very high, however you need to be able to manage those emotions because if you are not able to do so then you are going to sell for a bad price and lose a lot of money. 
Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
We have seen this situation in the market from time to time One year is perfectly good but in 2-1 years the market is in very bad condition.But those of you who are new should never invest or trade in this market and trade or invest if you have good knowledge.And no one will ever do futures trading in this random market, everyone should refrain from doing futures trading.
Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
I believe five years, spanning two strong bull seasons and the "bears" there in, since I got registered here is enough for someone like me to give counsel on this topic. My advice on that will be that those witnessing this market for the first time at this moment with all its brutal bearish movements should just sit on their hands and do nothing if they've reduced price value in their portfolios. If the investments are all in Bitcoin, just grab a pillow and have a sound sleep. Nothing is amiss. Price will bounce back. That I can assure anyone. 
Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
Well, keep calm and buy the dip as always for everyone who has just seen this market. although it's not easy to do, you will be able to learn how to keep calm when the market crash and don't forget to spare your money to buy the dip and do some DCA strategy. Don't ever FOMO in any shitcoin that promises 10 ROI in a short of time because in time like this people who want to be rich quickly always fall into that trap.
Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
We have seen this situation in the market from time to time One year is perfectly good but in 2-1 years the market is in very bad condition.But those of you who are new should never invest or trade in this market and trade or invest if you have good knowledge.And no one will ever do futures trading in this random market, everyone should refrain from doing futures trading.
Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
We have seen this situation in the market from time to time One year is perfectly good but in 2-1 years the market is in very bad condition.But those of you who are new should never invest or trade in this market and trade or invest if you have good knowledge.And no one will ever do futures trading in this random market, everyone should refrain from doing futures trading.
Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
We have seen this situation in the market from time to time One year is perfectly good but in 2-1 years the market is in very bad condition.But those of you who are new should never invest or trade in this market and trade or invest if you have good knowledge.And no one will ever do futures trading in this random market, everyone should refrain from doing futures trading.
For those experiencing this market situation for the first time i will say this is the time to study what has been responsible for pushing prices up in the time past, What kind of news had effect on the market, what events as well played major role in Bitcoin prices. Also don't forget to study about why prices keeps going down despite how investors keeps and and holding.
Do yourself a favor that don't look at the news that will just add uncertainty to yourself.
Because if you keep looking at the headlines, that will make you feel even weaker and you're vulnerable which is exactly why those news are being spread.
They're targeting the newbies so that you guys will just dump off all that you've got to be out of the game and that's what the whales want.
Because if you keep looking at the headlines, that will make you feel even weaker and you're vulnerable which is exactly why those news are being spread.
They're targeting the newbies so that you guys will just dump off all that you've got to be out of the game and that's what the whales want.
This is a very critical period in the space and those who are witnessing this dump period for the first time should trade with caution in other not to blow their account. Market have it's bull and bear period, it matters which one fetch you more profit. Perhaps both market can give you Profits if traded wisely, for instance bear market is absolutely the best time to bagged more coins to your portfolio while bull Market is the unequivocally time to sell all your coins for Profits.
Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
If you are newbie and witnessing this type of market for the first time, then I would suggest you to just watch and learn.
Without any prior knowledge, if you just jump into the market with an ample amount of money, then it won’t be very profitable for you.
If you are one of the types, who invested in Bitcoins and are frightened to see the downwards trend, then let me tell you my friend that this is just temporary movement, there is no need to panic, soon BTC will recover and will give good profits to it’s investors.
we see how the current hype for crypto or bitcoin news is a lot. many people are getting interested in investing and trading in the crypto market, without even knowing the risks.
indeed it would be better for a beginner to wait and see how this market works. Looking for lots of references to increase knowledge is also important. that is if they are not afraid to lose their money.
Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
If you are newbie and witnessing this type of market for the first time, then I would suggest you to just watch and learn.
Without any prior knowledge, if you just jump into the market with an ample amount of money, then it won’t be very profitable for you.
If you are one of the types, who invested in Bitcoins and are frightened to see the downwards trend, then let me tell you my friend that this is just temporary movement, there is no need to panic, soon BTC will recover and will give good profits to it’s investors.
Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
If the market is getting to you, it's okay to take a break for a while. Do something non crypto related. If you read, you'd know that, history always repeats itself. It means that the market will rebound. And no matter what any bitcoin coach or guru out there will tell you about buying the dip, never loan money to do that. I'll say this another way- invest the money that you know you can afford to hodl.I can understand that for a newbie who is seeing a bear market for the first time, they must be panicking. because they surely think Bitcoin will
continue to fall and go to zero. Though the thought will not happen, I have been in the crypto world for a long time, I really believe the crypto market
will recover again. Because this is not the first time a bear market has happened, even the bear market that occurred in 2018 is much more frightening.
My advice for newbies facing the bear market must be patient, even though going through it is very tiring, but if we can be patient holding Bitcoin until
the bull market comes, then the opportunity for newbies to become rich is very open. What you say is quite reasonable when the long bear market
we can take a break, so that our minds can be refreshed. It's not easy to make a profit in the crypto world, we can't get it instantly. We have to be
patient and never give up facing a bear market. Then regarding the capital we use, it's best not to use borrowed money or even use money for daily
needs, that's because the crypto market is difficult to predict. So make sure to use cold money, so we can calmly wait for the market to recover.
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