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Topic: Learnings from crash - page 10. (Read 1166 times)

full member
Activity: 504
Merit: 101
February 13, 2018, 11:38:27 AM
#56
What do you feel you have learned from the crash (if anything)? I think the market has gained a little bit more stability now, and therefore it is nice to look back on your own thoughts and the decisions you made when experiencing such a crash.
Personally, I learned that I need to continuously, as markets grow, 'take off some risk' and allocate some profits from alt into ethereum and bitcoin.
In the same regards, I will also begin to allocate small percentages into $ so that I can gain more on crashes like this one.
Lastly, I once again got confirmed, that in crypto we see huge volatility and that is just something we have to live with - for now at least. Never panic sell in corrections!!!

Something big we can learn in this crash. For example we need to be patient and not to panic.
If we have profit already and then sell it soon when it crash so bad like this and you can buy back in low price.

learning from a crash can also give us a new chance to recover our loss because when the price is down, there will be another time to see the price is up again and it is only matter of time. although it is hard to be patient, but if we can try this and we could manage the feeling, I am sure that when the price is up again, we can make a profit and sometimes, our profit will bigger than we lose so we need to learn carefully from the crash moment so we can get a new point from our mistake.
You are right, we need to discover mistakes for us to learn, it does not matter if we made mistakes for a while for as long as we will be able to rise again after that loss, just like learning from the crashed in bitcoin that almost all of us had withdrawn what they are holding and when the price goes up they tend to regret what they have made.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
February 13, 2018, 11:28:39 AM
#55
What do you feel you have learned from the crash (if anything)? I think the market has gained a little bit more stability now, and therefore it is nice to look back on your own thoughts and the decisions you made when experiencing such a crash.
Personally, I learned that I need to continuously, as markets grow, 'take off some risk' and allocate some profits from alt into ethereum and bitcoin.
In the same regards, I will also begin to allocate small percentages into $ so that I can gain more on crashes like this one.
Lastly, I once again got confirmed, that in crypto we see huge volatility and that is just something we have to live with - for now at least. Never panic sell in corrections!!!

Something big we can learn in this crash. For example we need to be patient and not to panic.
If we have profit already and then sell it soon when it crash so bad like this and you can buy back in low price.

learning from a crash can also give us a new chance to recover our loss because when the price is down, there will be another time to see the price is up again and it is only matter of time. although it is hard to be patient, but if we can try this and we could manage the feeling, I am sure that when the price is up again, we can make a profit and sometimes, our profit will bigger than we lose so we need to learn carefully from the crash moment so we can get a new point from our mistake.
sr. member
Activity: 658
Merit: 260
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February 13, 2018, 09:45:59 AM
#54
What do you feel you have learned from the crash (if anything)? I think the market has gained a little bit more stability now, and therefore it is nice to look back on your own thoughts and the decisions you made when experiencing such a crash.
Personally, I learned that I need to continuously, as markets grow, 'take off some risk' and allocate some profits from alt into ethereum and bitcoin.
In the same regards, I will also begin to allocate small percentages into $ so that I can gain more on crashes like this one.
Lastly, I once again got confirmed, that in crypto we see huge volatility and that is just something we have to live with - for now at least. Never panic sell in corrections!!!

Yeah this one is good strategy and positive approach towards the crypot experience and getting more out of it. However he stability reason could be different than what we are learning here. I mean it could be the case that people are currently scared to put their money on stakes over the bitcoin due to its dropped prices and there is more number of those people who have already invested money into it at the higher rates so they are not going to sell it and thats wise decision too. But thats the real reason I feel which is making things look like stable. Once this situation is over I think bitcoin will start behaving the same way as it did previously but lets enjoy its stability until that time!
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
February 13, 2018, 09:40:28 AM
#53
I think the greatest thing that can be noted from a crash is similar to the message from this story http://www.rainbowbody.com/newarticles/farmerson.htm, We will see. In times when the markets go flying up and people say your so lucky, or in times when its falling and they say your unlucky, you should always take a we will see approach.

Crash will come and will go nothing is permanent. We have seen those in stock markets as well and crypto currency as well. So if we fail to understand and think that market will never recover from this is the biggest mistake we would be doing. Instead it an opportunity to keep accumulation at lower values.

The only trait you need to observe while such darkness period is to be optimistic. Good times and bad times are continuously cycling. Once there is a good day and some other day it would be a bad. Nothing is permanent as you said it right.

So if you get loss from bitcoins trading or investing, don’t worry and don’t lose hope. Good times are there to welcome you, just regain your energy.
hero member
Activity: 826
Merit: 518
February 13, 2018, 08:15:26 AM
#52
The hold is the best lesson we can learn from the crashes because many investors get panic and will sell their funds for losses,but this is the right time to buy the coins to make money out of it.But what we need about to learn is about the crypto and the investments too keep away too much risks.First the investment in the crypto currency need to be an affordable amount for us then we can have patience while the prices are crashing and dumping.But the time needed to recover from this crash maybe more just HOLD and HOLD if you want your investment to worth it.
full member
Activity: 196
Merit: 100
February 13, 2018, 08:02:27 AM
#51
What do you feel you have learned from the crash (if anything)? I think the market has gained a little bit more stability now, and therefore it is nice to look back on your own thoughts and the decisions you made when experiencing such a crash.
Personally, I learned that I need to continuously, as markets grow, 'take off some risk' and allocate some profits from alt into ethereum and bitcoin.
In the same regards, I will also begin to allocate small percentages into $ so that I can gain more on crashes like this one.
Lastly, I once again got confirmed, that in crypto we see huge volatility and that is just something we have to live with - for now at least. Never panic sell in corrections!!!

Something big we can learn in this crash. For example we need to be patient and not to panic.
If we have profit already and then sell it soon when it crash so bad like this and you can buy back in low price.
sr. member
Activity: 630
Merit: 250
February 13, 2018, 07:56:59 AM
#50
I will also begin to allocate small percentages into $ so that I can gain more on crashes like this one.


I think this was my biggest take away after analyzing things in the last few days. It's very easy to always have all of money that you have allocated to crypto invested at all times. But in doing this you handicap yourself and can't benefit from any dips.

Lastly, I once again got confirmed, that in crypto we see huge volatility and that is just something we have to live with - for now at least. Never panic sell in corrections!!!

I already knew this before but as you said it just reaffirms what we already know. You should never allow yourself to act out of fear in any situations.
When you have nothing in your pocket then time would go against you. How? The answer is here. As you have already cleared it, people take a decision to invest everything in bitcoins. They invested it, now, when the coins get low and they need to buy more because one particular coin is cheapest relatively. How can you be managing funds to buy more? So better is take an amount separated for such purposes.
I am in the same condition, the solution is when the price is high convert your BTC or ETH to USDT. I was not converted when the price was high I thought it will go too high. I had a chance to convert when it was falling that time also I missed. Now all my fav coins at cheap rate but I can't buy because BTC value is low. I learnt one thing when the crash happening we have to sell our coins. suppose immediately it covers we can buy other coins or esle we will get chance to buy the same coin for less price.
hero member
Activity: 1246
Merit: 529
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February 13, 2018, 07:54:58 AM
#49
well I learned that I must control greed and cash out or turn the coins into tether, in bull session when I saw that I can earn I couldn`t see that every rise has a fall and wanted more and more until I lost my gains.
Yes greediness to earn maximum gains is tha hardest part and yet you will follow your emotions to wait more even if the price was started to fall. Like as pro traders says profit is a profit no matter how much is it as long as a profit.

Well fortunately, that wasn't the first big crash that i've seen since dealing with btc so i pretty much stood at the sidelines watching people panic and spreading it to others. I've believed in btc and its future potential so basically the crash, though a bit unexpected to be that low, didn't really make me shake
full member
Activity: 448
Merit: 101
February 13, 2018, 05:37:39 AM
#48
I will also begin to allocate small percentages into $ so that I can gain more on crashes like this one.


I think this was my biggest take away after analyzing things in the last few days. It's very easy to always have all of money that you have allocated to crypto invested at all times. But in doing this you handicap yourself and can't benefit from any dips.

Lastly, I once again got confirmed, that in crypto we see huge volatility and that is just something we have to live with - for now at least. Never panic sell in corrections!!!

I already knew this before but as you said it just reaffirms what we already know. You should never allow yourself to act out of fear in any situations.
When you have nothing in your pocket then time would go against you. How? The answer is here. As you have already cleared it, people take a decision to invest everything in bitcoins. They invested it, now, when the coins get low and they need to buy more because one particular coin is cheapest relatively. How can you be managing funds to buy more? So better is take an amount separated for such purposes.
sr. member
Activity: 378
Merit: 250
February 12, 2018, 11:35:14 PM
#47
There is a lot of things that i have learned from the crash and one of them is to sell if i am seeing a huge red candlestick but i should confirm if it is a dip or not and then i will do the strategy, sell low buy lower which will enable me to get back the same amount but with a little bit more amount of bitcoin in that bought price so i will just hold them and wait for the high price so i can sell.
hero member
Activity: 2632
Merit: 833
February 12, 2018, 05:52:28 PM
#46
I also learn from this but im quite not sure so i need to try it first when this scenario happen again then i have a stratedgy. The strategy to sell before a crash would happen this is similar to how can i exit from a target sell point and buy back on dip.

Thats a good strategy but its hard to tell if its going to crash. What I learn from the recent crash is that don’t panic and focus on your long term goal because the market can bounce back and make your goal happen. Always set your goal so you will not be on panic when the market is crashing.

Of course you should never sell and don't panic in a crash. You need not listen to those people here who are too negative about bitcoin and making threads about its demise. On the contrary, if i see those kind of threads, I simply laugh and think that they are a complete troll.

I also learned how to be mentally tough in crisis. I practice not to check that price that often as it might affect my emotions and decided to sell off everything and never comes back. And now I can say that I didn't nudge a bit and just observe how the market reacts.
sr. member
Activity: 770
Merit: 278
February 12, 2018, 05:45:48 PM
#45
well I learned that I must control greed and cash out or turn the coins into tether, in bull session when I saw that I can earn I couldn`t see that every rise has a fall and wanted more and more until I lost my gains.
Yes greediness to earn maximum gains is tha hardest part and yet you will follow your emotions to wait more even if the price was started to fall. Like as pro traders says profit is a profit no matter how much is it as long as a profit.
full member
Activity: 742
Merit: 144
February 12, 2018, 05:41:44 PM
#44
I also learn from this but im quite not sure so i need to try it first when this scenario happen again then i have a stratedgy. The strategy to sell before a crash would happen this is similar to how can i exit from a target sell point and buy back on dip.

Thats a good strategy but its hard to tell if its going to crash. What I learn from the recent crash is that don’t panic and focus on your long term goal because the market can bounce back and make your goal happen. Always set your goal so you will not be on panic when the market is crashing.
sr. member
Activity: 560
Merit: 250
February 12, 2018, 05:35:25 PM
#43
well I learned that I must control greed and cash out or turn the coins into tether, in bull session when I saw that I can earn I couldn`t see that every rise has a fall and wanted more and more until I lost my gains.
member
Activity: 616
Merit: 12
The Standard Protocol - Solving Inflation
February 12, 2018, 05:31:59 PM
#42
I have learned to change the strategy according to the market, now only holding is not that beneficial as it was before because market has become too much volatile as compared to past.
To invest in some leading alts will be good if you can stay connected with the market and can take quick and wise decisions with respect to the variations of the market.

The Hodl train isn't that much active as it were before. The days where everyone were shouting about holding tokens for long term appears to be gone; at least for now. Holding is good but sometimes one needs to take a completely new strategy in order to stay afloat since the crypto market is constantly evolving. Great experience so far



member
Activity: 336
Merit: 71
February 12, 2018, 04:57:39 PM
#41
What do you feel you have learned from the crash (if anything)? I think the market has gained a little bit more stability now, and therefore it is nice to look back on your own thoughts and the decisions you made when experiencing such a crash.
Personally, I learned that I need to continuously, as markets grow, 'take off some risk' and allocate some profits from alt into ethereum and bitcoin.
In the same regards, I will also begin to allocate small percentages into $ so that I can gain more on crashes like this one.
Lastly, I once again got confirmed, that in crypto we see huge volatility and that is just something we have to live with - for now at least. Never panic sell in corrections!!!

I'd say for me personally because this crash was more severe when it comes to alt coins its better to buy on confirmed reversal instead of trying to catch the falling knife.. I underestimated how far some coins would fall and could have made more profit waiting for that trend to break..also need to cover the bottom better with my positions.. need to ladder more sells as they go up after the crash to cover the bottom if it crashes again.. didn't get out of enough positions to effectively min/max the market.. paired with my falling knife bad decisions I probably only cleared about 12-15% profit where as it could have been 35-40%... next time I wll be more prepared and patient.. and really give the maximum time for things to fall as they do and bleed out on the ground
copper member
Activity: 1050
Merit: 294
February 12, 2018, 03:53:48 PM
#40
I have learned to change the strategy according to the market, now only holding is not that beneficial as it was before because market has become too much volatile as compared to past.
To invest in some leading alts will be good if you can stay connected with the market and can take quick and wise decisions with respect to the variations of the market.
member
Activity: 126
Merit: 10
February 12, 2018, 02:53:40 PM
#39
What do you feel you have learned from the crash (if anything)? I think the market has gained a little bit more stability now, and therefore it is nice to look back on your own thoughts and the decisions you made when experiencing such a crash.
Personally, I learned that I need to continuously, as markets grow, 'take off some risk' and allocate some profits from alt into ethereum and bitcoin.
In the same regards, I will also begin to allocate small percentages into $ so that I can gain more on crashes like this one.
Lastly, I once again got confirmed, that in crypto we see huge volatility and that is just something we have to live with - for now at least. Never panic sell in corrections!!!
The major thing that we get to learn from this crash is how controlled your emotion while trading.As it is of at most important because if this things happen like crash,first thing people think is to sell but not every dip is a crash but due to heavy selling investors makes these small dips as big crash.Secondly don't believe in FUD's and Fake news which are meant to provoke people.
member
Activity: 350
Merit: 11
February 11, 2018, 01:46:33 AM
#38
I hope that I learned not to be greedy.  When the altcoins grew, I did not fix the profit,  I thought - that will grow even more, then I fix it) I think that many have the same situation.  It must be remembered that the market is subject to correction, and most likely will be the opportunity to buy coins cheaper.  Now it hurts me to look at the losses, but this is an experience.
member
Activity: 494
Merit: 10
February 11, 2018, 01:45:36 AM
#37
I always remember a quote from Warren Buffet regarding the stock market, “Be fearful when others are greedy and be greedy when others are fearful.”  Although Warren doesn’t believe in crypto, I think the quote also applies here too.  I like to take some profits off the table when the going is too good, and buy some more when people are dumping their coins.  But for the most part, I hold for the long term. 
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