Learnings from crash - page 4. | Bitcointalksearch.org

Dreamchaser21

full member

Activity: 686

Merit: 108

Quote from: TooDumbForBitcoin on May 12, 2018, 03:57:49 AM

Quote from: Jhomzky23 on May 12, 2018, 03:24:50 AM

Learn to cut without mercy. If cutloss point is hit, cut immediately before you turn your loss into bigger ones.

But it can't be emotional move because of situation became scary for you at the moment. Only if such move was planned from the start.

Setting your cut loss is a good strategy for a trader because it can really help you on saving some money from the crash but don't panic easily look for some confirmation of a crash before you sold your holdings. Always learn from the crash don't make the same mistake again.

raven7886

legendary

Activity: 1512

Merit: 1041

Quote from: KEPLER99 on May 10, 2018, 02:00:17 AM

Quote from: DonateBB on May 09, 2018, 09:23:51 AM

Quote from: nebiki on April 07, 2018, 03:08:47 AM

it is very important because in the future there will be success and there are accidents as well. so it's natural in trying to have things we do not want. the important thing is never to despair because of failure or accident that we ever experienced and that too also make our lesson for the future can be better

Yes. The most important thing in failure is that you should not be discouraged, it is an extremely important factor to help you succeed in the future. We may be afraid of failure, but let's look at them as a lesson.

Once you are down, you could never ever get up again. You need to work in good aspects while things are okay and you need to work good as well even when things got changed. If you are loser sometime, don’t just stick with it. Life is so long and it is a chain of opportunities and chances so don’t just worry and devastated for a loss of one chance. There are so many more to come.

Are you serious ?
Only a born failure would get down and never get up.
It is normal to fail and make mistakes once in a while, but what makes you a winner at the end is learning from it and doing it better next time. There has not been any one in this world who is totally perfect and those who are close to being perfect have made so many mistakes and learned from those experience to be able to do things better.

Hence the idea of you not being able to get down when you get up is just absurd.

bettercrypto

sr. member

Activity: 1372

Merit: 269

★Bitvest.io★ Play Plinko or Invest!

Quote from: traderperspective on February 08, 2018, 02:30:16 PM

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!!!

It is normal to lose in a crash. We should accept the fact that we are not always gain everyday or even everytime. There are always trend in the market and we need to react based upon the move of the market. If we fail to make profits in trading, don't quit! For sure, there is a new opportunity that awaits to us. Just learn from our mistakes and build a new day for trading.

TooDumbForBitcoin

legendary

Activity: 1638

Merit: 1001

Quote from: Jhomzky23 on May 12, 2018, 03:24:50 AM

Learn to cut without mercy. If cutloss point is hit, cut immediately before you turn your loss into bigger ones.

But it can't be emotional move because of situation became scary for you at the moment. Only if such move was planned from the start.

Saichoukyushin

sr. member

Activity: 770

Merit: 278

Quote from: Herressy on May 12, 2018, 03:19:38 AM

Quote from: susuberuang on May 12, 2018, 02:48:48 AM

yes you are right to learn from failure is the best key to be able to earn a lot of profits if you realize a lot of trading players and successful people before becoming successful and wealthy he never became very difficult and often fail but from that failure he can learn and try hard not to repeat the failures that have ever experienced.

this is where they finally knew what will be the best moves that they have to do next after this crash for being patient for everything is what we should and we able to make this things more good to be.

The learnings and possible lessons that a trader must get is differs from any other traders. Learnings from failed trading or crash is needed to be adjusted but not totally avoiding it somehow in some cases you will encounter it again but you will do another strategy over this cases.

Jhomzky23

newbie

Activity: 40

Merit: 0

Learn to cut without mercy. If cutloss point is hit, cut immediately before you turn your loss into bigger ones.

Herressy

full member

Activity: 361

Merit: 106

Quote from: susuberuang on May 12, 2018, 02:48:48 AM

yes you are right to learn from failure is the best key to be able to earn a lot of profits if you realize a lot of trading players and successful people before becoming successful and wealthy he never became very difficult and often fail but from that failure he can learn and try hard not to repeat the failures that have ever experienced.

this is where they finally knew what will be the best moves that they have to do next after this crash for being patient for everything is what we should and we able to make this things more good to be.

traderethereum

hero member

Activity: 2870

Merit: 574

Vave.com - Crypto Casino

Quote from: LuvCyanide on May 11, 2018, 04:38:57 PM

For me, the lesson is to put stop losses on time, the currency can fall at any time. When the currency is on the rise it is necessary to fix the profit in dollars.

this is another solution to prevent the crash and although we are getting lost, the amount is not too big if we applied this. but I think the important lesson to get out from the crash is don't get panic because once you are panic, you cannot think and your decision will make you lose much money. it is better to stay calm first when you see the crash and think about how to prevent the more losses that you might get and find a solution to get out from the crash. it is difficult and needs learning but the result will make you satisfy if you succeeded to get out from the crash.

susuberuang

full member

Activity: 926

Merit: 100

yes you are right to learn from failure is the best key to be able to earn a lot of profits if you realize a lot of trading players and successful people before becoming successful and wealthy he never became very difficult and often fail but from that failure he can learn and try hard not to repeat the failures that have ever experienced.

Kim Ji Won

full member

Activity: 350

Merit: 110

Quote from: Eva_me on May 11, 2018, 05:09:27 PM

What do you think you learned from the crash? Hmm ... Perhaps then periodically you need to fix profits. If you do not, then you become a long-term investor.
Also I was convinced that it is not necessary to sell in a minus. All by a little increases in price, I can already sell some positions and have a profit from it.

That would be the basic concept of all investors but not all investment that went down in the gutter will bounce back eventually if you give it more time. Some investments although you do not know what will happen, will lose its value it will never go higher than your point of entry so better you do a lot of research in your current one like reading news, following twitter page or any other social media accounts so you will always be on the loop and be updated.

Joriecoinbit

full member

Activity: 434

Merit: 105

Quote from: Omega Weapon on May 11, 2018, 07:01:02 PM

Quote from: traderperspective on February 08, 2018, 02:30:16 PM

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!!!

What I learned from this crash was that I was strong enough to resist it, until the crash came I was very sure that I wanted to be a long term holder but I have not encountered a crash big enough that will make me doubt of my position, and even after we saw such a crash I was still convinced to be a long term holder and not even for a second I thought about selling my bitcoin, so I know that no matter what the market throws at me I will resist and keep my bitcoin.

The market prices crashes at the huge rate and other individuals are in panic selling. This is the most risky times because the prices is unpredictable which it has a possibility to fall .For the safety of coin take a long term holder because it has a chances to bounceback at the current prices.

ritikasimi

newbie

Activity: 38

Merit: 0

I learned a lot of things during the last 3 months dip...I was new in crypto & don't take any profit from my coin because I want more profit as a result I am in huge lose..so I think always take profit from your coin..

Omega Weapon

hero member

Activity: 1092

Merit: 501

Quote from: traderperspective on February 08, 2018, 02:30:16 PM

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!!!

What I learned from this crash was that I was strong enough to resist it, until the crash came I was very sure that I wanted to be a long term holder but I have not encountered a crash big enough that will make me doubt of my position, and even after we saw such a crash I was still convinced to be a long term holder and not even for a second I thought about selling my bitcoin, so I know that no matter what the market throws at me I will resist and keep my bitcoin.

exalterego

newbie

Activity: 99

Merit: 0

Quote from: traderperspective on February 08, 2018, 02:30:16 PM

and allocate some profits from alt into ethereum and bitcoin.

That's actually what everybody does since these two cryptocyrrencies seem to be the most profitable (though there are some other alts like NEO and Dash that have gained great popularity).
Thanks god I've never lost so much money as some people describe here on the forum but your strategy of reducing the risks to the lowest possible level seems good to me.

Eva_me

newbie

Activity: 120

Merit: 0

What do you think you learned from the crash? Hmm ... Perhaps then periodically you need to fix profits. If you do not, then you become a long-term investor.
Also I was convinced that it is not necessary to sell in a minus. All by a little increases in price, I can already sell some positions and have a profit from it.

LuvCyanide

member

Activity: 252

Merit: 11

Decentralized Digital Billboards

For me, the lesson is to put stop losses on time, the currency can fall at any time. When the currency is on the rise it is necessary to fix the profit in dollars.

kkaroul4

sr. member

Activity: 994

Merit: 251

Betking.io - Best Bitcoin Casino

Quote from: ohkkstaaahp on May 08, 2018, 06:13:51 PM

Each of us has a different problem and we learn different lessons. So only when we enter the market are the problems worth learning and drawing experience. It is not just time and effort to learn the knowledge of others that we believe confidently in the Crypto market.

it is very important in the trade it must be a lot to learn about mistakes ever made, because in the exact endeavor it is not impossible if it never fall first. and it is as our trials that in the future we all can be more careful every step we will do.

CryptoWorld87

full member

Activity: 406

Merit: 100

kingcasino.io

Learning in this crash time is you have to buy more if you realy bilieve in that coin buy more when its deep and hold more when goes up sell it to earn a good profit then after dump buy again thats simple way in trading life.

keanne_isaac

full member

Activity: 392

Merit: 103

www.daxico.com

Quote from: traderperspective on February 08, 2018, 02:30:16 PM

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!!!

this bearish season really hurt my portfolio losing almost 70% of my investment its really heart breaking good thing I'm able to cash out early of december where market is at peak of bullish the cons that left olin my portfolio was actually already my profit with that I'm not too panic or worried like others who lost their investment with out gsining any profit. probably the next time i encounter bearish market i should convert some in usdt to preserve
the value of my coins from crashing.

dongbat03

newbie

Activity: 70

Merit: 0

Quote from: traderperspective on February 08, 2018, 02:30:16 PM

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!!!

Yes so we should be careful in choosing the crypto to invest.

Topic: Learnings from crash - page 4. (Read 1132 times)