Topic: Don't get carried away! - page 8. (Read 2479 times)
I like "bear market is the best period to learn". That is right. This is the only time that we will do some deep dive analysis on what is happening and we would make an extra effort before investing on a coin. Bull run makes us complacent on our investment and the moment we start chillin, the bull run was done. Bear market humbled us and make work for what we are earning.
I think we should buy more in drops and if the coins/tokens already drops by 150% for me don't buy that anymore then do buy trusted for investment like btc,eth and ltc only because even they drops a lot like 50% to 100% they will still back to that current high price not like some coins/tokens that drops big then still continue and not go high even a little
I mostly try to hold bitcoin and ethereum in the most part in order to avoid all the fluctuations from altcoins, plus, I recommend to aim for long term and just focus on some other activities, if cryptocurrencies aren't your thing, you can still make passive income with it.
With the current market conditions, ain't gonna be good enough to think that crypto will be considered as a source our passive income. Cause not all the time we've been in profiting and we don't have any assurance that it will be forever or just gone by tomorrow.
Yes, that's right, during the bull market, everyone said where to invest, and then these experts were gone.
when the price of crypto was not stable like this, we must keep calm in dealing with any situation. we must be smarter in managing our crypto assets because it is very important to keep our crypto assets safe. we have to be more careful and be smart to see the opportunities that is available.
you are actually talking about a beautiful subject. most of them think they are experts in the bull market. they are not aware that they are not experts.
Yes if you did not sell during the initial dump that happened your much better off hodl'ing. This bear was especially brutal so hodling was punished however most of the time hodling will work. Given enough time if you bought a good coin you will win in the end with some patience.
I mostly try to hold bitcoin and ethereum in the most part in order to avoid all the fluctuations from altcoins, plus, I recommend to aim for long term and just focus on some other activities, if cryptocurrencies aren't your thing, you can still make passive income with it.
This should pretty Much be the message now. Don't get carried away by panic, fud, fomo and the rest of them especially seeing reds. The bulls will come back and when they do , we will all smile. This is a learning and maturity period especially for those that came into crypto during the bubble of December 2017 and January 2018.
Allways remember, "In bull market everyone is an expert but Bear market is the best period to learn"
In addition, the 3rd day in bear market shouldn't be neglected!
Always hold this and don get carried away!
In addition, the 3rd day in bear market shouldn't be neglected!
Always hold this and don get carried away!
Timely advice and agree 100%. We are going bull until at least the end of the year so i guess learning period is over, expert period begin.
I think we should all be happy with what we have learnt over the last 9 months so helps us ride the wave of fortune which is so gracefully about to descend upon us. Happy investing everyone
I also considered myself a professional while the market was growing, how stupid and presumptuous I was.
Well, not that I meant it this way. You know during the bulls you just watch your tokens/coins do a lot of %. It is only wise you know when to take profit. But in the bear season, only good traders enjoy the ride.
You are so right, this bear market has really thought me a whole lot of things, I have learn to always take profit whenever my coins go so high, even if i don't take all, but at least i should take a little profit.
Going away will be greata mistake noe because crypto has not beend opened in all its potential and it is very far-sighted doing which will be actaul in the future too.
Allways remember, "In bull market everyone is an expert but Bear market is the best period to learn"
In addition, the 3rd day in bear market shouldn't be neglected!
Always hold this and don get carried away!
I think you last statement should have been ‘always gold this and don't get carried away holding ’ i think that completes it as it is good to know when not to hold too In addition, the 3rd day in bear market shouldn't be neglected!
Always hold this and don get carried away!
Everyone in the bear market becomes an analyst and expert in trading.
Well actually this happens when someone starts to invest in crypto, he mostly think that he is a genius in trading and cryptocurrency by giving his own opinion that doesn't have proven technical analysis. The thing that we have to do during this bear market is to wait, be calm and patient all of the time.
I also adhere to this policy. I prefer to pause and watch everything that happens. To make a true analysis of the crypto currency, you need to study this topic for a long timeWell actually this happens when someone starts to invest in crypto, he mostly think that he is a genius in trading and cryptocurrency by giving his own opinion that doesn't have proven technical analysis. The thing that we have to do during this bear market is to wait, be calm and patient all of the time.
But during the time when its totally down, I feel like I don't really want to see it. I'll tell you guys that its worth watching its very slow movement and now its finally on the uptrend, you'll love on how it goes to the bear market and getting out of it. The feeling was different and the experience is totally worth of a gold.
I remembered the words of a good and experienced trader. It is easy to predict growth in a growing market, but any trader who has been trading for a long time faced not only with profit but also with losses.
Just invest in the long term and wait for prices to skyrocket. Do not sell at a loss ever. Wait at the moment.
In the bull market conditions, lots of people will come to the market just by seeing the growth of the crypto. Most of them don't have any knowledge about crypto, market or about the behavior of the market. They are just greedy people. But in bear market conditions the people with some knowledge will come to the market and make profits.
Allways remember, "In bull market everyone is an expert but Bear market is the best period to learn"
In addition, the 3rd day in bear market shouldn't be neglected!
Always hold this and don get carried away!
You're right. "Bear market is the best period to buy" in my opinion In addition, the 3rd day in bear market shouldn't be neglected!
Always hold this and don get carried away!
. I bought Dogecoin so much, and now the price bumped to 90 from 57, it's a big profit.
I do agree bear markets do teach alot, it shows you the worst value of your portfolio, also teaches you to wait and hodl, it is like your test of temperament as well, now that bulls seem to be coming big time in the market for rest of the year it is great feeling that i was able to hold and not panic sell any of my assets.
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