Topic: Learnings from crash - page 5. (Read 1132 times)
yes I also feel it but hard to express it into the word, I started to see a little movement of these coins. when to buy and sell, and when to hold it into fiat money. I have started trading earlier this year and the result is yes I lost big. I lost 80% of my assets, no matter how I lost at least my experience increased. happy to share stories with you sir.
I have learned from the crash that I should treat this as an opportunity to buy rather than to regret of the holdings that I have. Recently, it seems the bears are starting to take over once again because of the Bitcoin futures issue and another exchange has been investigated. It is a good thing for us to buy more during the dip because the Consensus 2018 event this May 14th is going to be a “blockbuster” moment for us to see a huge bull run, and it gets even better after that.
Crash is part of the game, and it happens due to a lot of factors like the big brush of the mainstream towards cryptocurreny, and other countries cracking it down. With this trend, it's clear that bitcoin was or is volatile. I think what we can do best is not to get trapped with all the regret and incrimination. It's learning a lesson from it that matters. What I learned and everyone's has to learn, is to take advantage of the crash for buying, holding, and selling it when the price proliferates. Also, it's important to learn how to allocate your assets and take out initial investment while keeping earnings invested in the coin after gaining a portion of percentage to lessen risk. Cryptocurrency market is getting bigger and has proved resiliency. With its uncertainties, if it crashes, let's be optimistic that it will recuperate and survive.
I have learned from the crash that I should treat this as an opportunity to buy rather than to regret of the holdings that I have. Recently, it seems the bears are starting to take over once again because of the Bitcoin futures issue and another exchange has been investigated. It is a good thing for us to buy more during the dip because the Consensus 2018 event this May 14th is going to be a “blockbuster” moment for us to see a huge bull run, and it gets even better after that.
I found out that need to wait for the price to stop falling and start growing again a little, and then only buy. I also realized that you do not need to use the entire deposit to purchase and do it gradually in parts.
Today I forgot to set the selling price to cut losses, and now I have lost a lot of money. this is really bad this is my lesson. Always have to buy and sell before. This is safer if there is not much time to monitor the market.
The market is still not very stable, there is still a possibility that it will get a correction, from this accident you learn that you need to prepare an exit strategy, need to set the lowest price to sell alts coins and need to spend more time to pay attention alts.Membel dipping coins of choice You are jumping out of your reach. It's fun to buy some of these coins. Cryptocurrency every time a coin with a good use case goes down it will bounce back in exchange.
Also guys, don't forget that much more important thing than making money is protecting money. Protection of your capital should be your first priority.
Just joined the forum and found very useful experience from you guys. Thanks alot
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.Why we could never get up again when we get down? I believe that everyone have a second chance to get their mistakes right and that's what we should do. Make our mistakes to strive more and be better for tomorrow and don't be afraid to fail because from that failure is a chance to try harder.
because I think it's really difficult for us to get up again after we got to fail. but if we have a good motivation that keeps telling us that our failure is not staying forever and we have time to fix our mistake, then we can get up and we can try with a new attitude. and if we can learn from the crash, I am sure that there are many good lessons for us to still survive and we can rise again in the future and we can solve the mistake to make another profit. but yes, we need to be patient to get some good rewards for what we have done.
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!!!
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 think what I learned from crash is to never ever make decisions that could compromise everything that you own. I have really regretted all those things that I did back then without thinking everything through. It is hard to rise again from a crash once you've fallen down. So, the key is to be mindful, I guess.
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.Why we could never get up again when we get down? I believe that everyone have a second chance to get their mistakes right and that's what we should do. Make our mistakes to strive more and be better for tomorrow and don't be afraid to fail because from that failure is a chance to try harder.
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.
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.
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.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.
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.
Everytime when price is not good at the saddest point that were lose we should have make a way not to lose hope. Rather make a hope that price is normal down and up. And it may recover in time so invest on your willingly to lose.
May I ask does someone here know how we can actually earn from a crash aside from learning? I don't mean like buy the lows and hold. I mean like more of the stock market? Put and Calls?
It is sometimes difficult to predict what happens next to the market, especially a sudden fall or rise. Sometimes news can be of help as well as technical analysis. The key ingredient is to continually learn the best approach. Decide when to enter the market and possibly an updated news on the token or coin in question. If a crash happens, possibly learn why it happened and check if there were steps you would have taken (technical analysis, etc.) to stay away from the trade. If we experience a crash then it is time to re-strategies and evaluate trading technique.
The main lesson is to have a backup when the price crashed, and there are skme alternatives like:
Move the funds into USDT (Tether) or any other fiat currency which doesn't changes the value often like USD EUR
When the crash has finished start now buying the dumped coins and get in profit later.
Move the funds into USDT (Tether) or any other fiat currency which doesn't changes the value often like USD EUR
When the crash has finished start now buying the dumped coins and get in profit later.
Some says don't use tether that is why I didn't put funds in tether to escape dump. But I realize to not go with the gossips and to realize that tether is here and will stay longer than some alts.
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