Knowledge from the bearish run - page 5.

paulscathedral

jr. member

Activity: 1036

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Quote from: OluwaTosin10 on September 14, 2018, 03:52:25 AM

Let's recap the lesson from the recent bearish run, before u invest in any cryptocurrency.

1. make sure u do an intensive research,
2. never stop believing in urself and when things go wrong, u will learn a big lesson and be happy u did your best than following a footstep u know nothing about,

Good luck

And I would add something else:
If you think that the bottom of the market has already come, take a closer look - it can be fake.
If you are determined to hold the coin, do it to the end, and do not even think to sell before.
Don't believe in bitcoin at 20,000 by the end of this year. Thoughts in cold blood.

BitcoinHodler

hero member

Activity: 1456

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HODLing is an art, not just a word...

Quote from: Pumuckel21 on September 28, 2018, 08:55:18 AM

Quote from: BitcoinHodler on September 28, 2018, 08:21:56 AM

the biggest lesson that you should have learned has been from the last year's bull run not from this year's dumping run. if you just learned the lesson then it is too late.
the lesson was that with every pump there will be a dump in the opposite direction and equally as big to come back down toe the ground. something like the Newton's principle Cheesy

Yeah if you just look at the chart in the long view, the big Rise in crypto from 2018 till december 2018 looks like a very big pump on the pong run. But i do think that the Price of cryptos may have reached a bottom now

when looking at the charts for long term you should pay attention to two things. \
first is the cycles that the altcoins have. which starts with some accumulation at the bottom then a big rise to pump it to the top which slows down as newbies jump on board then a big dump that brings it back down.
the other is the price in bitcoin. sometimes when you look at the value of altcoins in USD you can be confused to see a rise while they have been getting dumped and that is because bitcoin price rise hides this dump in altcoins.

CarnagexD

sr. member

Activity: 1498

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Leading Crypto Sports Betting & Casino Platform

Quote from: Fenderr on September 28, 2018, 04:27:40 AM

Quote from: OluwaTosin10 on September 14, 2018, 03:52:25 AM

Let's recap the lesson from the recent bearish run, before u invest in any cryptocurrency.

1. make sure u do an intensive research,
2. never stop believing in urself and when things go wrong, u will learn a big lesson and be happy u did your best than following a footstep u know nothing about,

Good luck

This is so true. Also remember you can't always get it right all the time, but doesn't mean your strategy is flawed, it only means some things are beyond your control.There's also the place of luck even though a project ticks all the right boxes

One should understand the Crypto Currency Market trading, all information about the specific coin, status on the market, fundamental, market structures, the ups and down in the market is always temporary, it will recover soon after the market glitz. one should note that Market is Volatile,it is unpredictable. PATIENT is the Key during this time.good luck.

xvacator

jr. member

Activity: 341

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Quote from: xbudahx on September 28, 2018, 09:36:19 AM

Remember the most important rule is never to buy / sell under the influence of emotions, is better move away from the computer and when you calm down, think about whether to make a deal.

Don't trade if we cannot think because this only makes we buy the wrong coin and we don't have a chance to sell at the high price. Make sure that we know what we did before we make a mistake and be sure that we want to buy the coin because we know that the coin will increase in the next moment. And if we don't know what to do, it will better to stay calm for a while and watching the market only so we can determine the right time to enter the market and buy the coin.

ishirut009

member

Activity: 616

Merit: 13

Quote from: OluwaTosin10 on September 14, 2018, 03:52:25 AM

Let's recap the lesson from the recent bearish run, before u invest in any cryptocurrency.

1. make sure u do an intensive research,
2. never stop believing in urself and when things go wrong, u will learn a big lesson and be happy u did your best than following a footstep u know nothing about,

Good luck

i strongly agree to you there. The moment that you stop believing to yourself is the same moment that you lose. We all know too that intensive research is also the key but, we need to know first what we need to look at. For me that's the kay to successful investing in crypto or any other financial investment instrument.

darmin

member

Activity: 532

Merit: 10

see a lot of people who jumped in the crypto without confidence for sure. This is because many don't have deep knowledge so just following other people's movements without a clear base. Moreover many don't understand what to do in the analysis or research so that reasonable only when many are stuck and fall in investment was quite bad.

Kekkins87

newbie

Activity: 144

Merit: 0

Quote from: Grim149x on September 14, 2018, 02:49:17 PM

True. And as much as possible do not fight the trend because it will destroy your portfolio. If you did enough research then there's a good chance that your chosen coin/token is not a shitcoin and will creep back up sooner or later

I agree
you can always pick one of hidden gems for the next bull run...obviously you can't expect a big grow in % of price in the top 10 o 50 coins...for this you must always do your own research...I don't know when the next bullrun will start but this time I want to make good profits with low marketcap coins...
there are a lot of coins with small market cap ,mining pow, no premine, limited supply, active dev...a coin similar to litecoin,vertcoin or viacoin...as I just wrote in another thread I regret I did not get bought coins like litecoin,vertcoin or viacoin when they were very very low in 2015...today before it's too late I'm continuing to buy ELICOIN for example...only trade it on Crex24 for now....i think it's a good "lottery ticket" to buy for 50$ or 100$ before it's too late....this is the secret....do your research...

I Love Crypto Noda

newbie

Activity: 42

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Whether it is bear market or bull, there is always possibility for trader to get profit as some coins show growth during both these markets, during market cap reduction or grow. Just check it yourself. So, am I right? Want to read your opinions about this.

xbudahx

full member

Activity: 378

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Remember the most important rule is never to buy / sell under the influence of emotions, is better move away from the computer and when you calm down, think about whether to make a deal.

danherbias07

legendary

Activity: 3262

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Leading Crypto Sports Betting & Casino Platform

Quote from: OluwaTosin10 on September 14, 2018, 03:52:25 AM

Let's recap the lesson from the recent bearish run, before u invest in any cryptocurrency.

1. make sure u do an intensive research,
2. never stop believing in urself and when things go wrong, u will learn a big lesson and be happy u did your best than following a footstep u know nothing about,

Good luck

Yes.
I also just want to add. The flow is not accurate so never go with it just because of the hype.
There are a lot of times that it goes the other way around so be ready for it.
If you aint so sure about what to do then what is the harm of just holding it.
It never gets old. A plan that mostly works for old timers.

zeze18

sr. member

Activity: 938

Merit: 256

Quote from: OluwaTosin10 on September 14, 2018, 03:52:25 AM

Let's recap the lesson from the recent bearish run, before u invest in any cryptocurrency.

1. make sure u do an intensive research,
2. never stop believing in urself and when things go wrong, u will learn a big lesson and be happy u did your best than following a footstep u know nothing about,

Good luck

A good trader always place a stop loss on their every trade.
Because no one could make sure or predict where the price will go, analizing chart is just 20% chance to predict the movement of the chart

kjnfmplm

jr. member

Activity: 364

Merit: 6

This is true. There is no guarantee that all our investments will go right. There are times wherein there will be downsides to our investments. Instead of moping, see it as a lesson learned in order not to do the same mistake again. Don't lose hope!

OneCoinMan

member

Activity: 644

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Alternative investment banking platform

No, we can not learn from this. It's just a very big correction, payment for VERTICAL growth in 2017. This phase will pass - another will begin, do not give it some HUGE value. We simply can not influence this, this is a natural market process.

d2s4

member

Activity: 294

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Bearish running is not so reliable and convincing but as you have said it brings knowledge about the details of crypto's working and moreover you can understand its all processes.

Pumuckel21

sr. member

Activity: 868

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Empowering crypto w/ sustainable energy

Quote from: BitcoinHodler on September 28, 2018, 08:21:56 AM

the biggest lesson that you should have learned has been from the last year's bull run not from this year's dumping run. if you just learned the lesson then it is too late.
the lesson was that with every pump there will be a dump in the opposite direction and equally as big to come back down toe the ground. something like the Newton's principle Cheesy

Yeah if you just look at the chart in the long view, the big Rise in crypto from 2018 till december 2018 looks like a very big pump on the pong run. But i do think that the Price of cryptos may have reached a bottom now

Mia44

full member

Activity: 412

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additionally we also need to be able to control our emotions while trading because if we cannot control our emotions we will experience failure and always learning from failure don't give up easily

BitcoinHodler

hero member

Activity: 1456

Merit: 579

HODLing is an art, not just a word...

the biggest lesson that you should have learned has been from the last year's bull run not from this year's dumping run. if you just learned the lesson then it is too late.
the lesson was that with every pump there will be a dump in the opposite direction and equally as big to come back down toe the ground. something like the Newton's principle Cheesy

Fenderr

jr. member

Activity: 293

Merit: 4

Quote from: OluwaTosin10 on September 14, 2018, 03:52:25 AM

Let's recap the lesson from the recent bearish run, before u invest in any cryptocurrency.

1. make sure u do an intensive research,
2. never stop believing in urself and when things go wrong, u will learn a big lesson and be happy u did your best than following a footstep u know nothing about,

Good luck

This is so true. Also remember you can't always get it right all the time, but doesn't mean your strategy is flawed, it only means some things are beyond your control.There's also the place of luck even though a project ticks all the right boxes

Valzador

hero member

Activity: 1316

Merit: 503

Quote from: OluwaTosin10 on September 14, 2018, 03:52:25 AM

Let's recap the lesson from the recent bearish run, before u invest in any cryptocurrency.

1. make sure u do an intensive research,
2. never stop believing in urself and when things go wrong, u will learn a big lesson and be happy u did your best than following a footstep u know nothing about,

Good luck

Conducting in-depth research does not guarantee you will get the results you want, sometimes luck affects you too.

OluwaTosin10

jr. member

Activity: 546

Merit: 4

Quote from: shinratensei_ on September 23, 2018, 10:33:25 PM

Quote from: BADBITCH on September 14, 2018, 03:48:45 PM

Yes you are right alongside the author
And I like the part you mentioned risk management and taking profit
Most token hodlers often run short at loss due to greed

We need to eliminate greed from the system

You can't eliminate that thing. They have been thinking if they can take the advantage from that situation and then they are all wrong about that. Look at the fact that how it can be a disaster for those holders.
So many holders are getting trapped by the bearish trend they have been selling their coin so cheap. So many people have trapped.

This is clear obvious reasons why a lot of people end up frustrated and sell off their tokens in panic mode, leading to loss of profit

It’s hard to save a trapped crypto participants, serious investors can only take advantage of their weakness

Topic: Knowledge from the bearish run - page 5. (Read 746 times)