Learnings from crash - page 9. | Bitcointalksearch.org

BabyBoss

full member

Activity: 462

Merit: 100

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!!!

I learned One thing, being patient is the main key to survive in the crash. As long as you have your goal and as long as you know how to become patient and have a wise decision you can conquer this no matter what. We must know that crash is like problems in life in order to conquer those downs and problem you must need to become positive and become a believer you must believe what your plans.

Weawant

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Activity: 798

Merit: 509

Leading Crypto Sports Betting & Casino Platform

Quote from: Jasell on February 16, 2018, 08:18:27 AM

The greatest lesson I have learned from the crash is to inculcate in my mind that red days in crypto is same as having menstrual period wherein I want it to end immediately because I can't to do the things I was accustomed to, I learned how to hod literally.

The drive of the people make them a loser for the current huge dip comes and that one is the biggest lesson I learn from the crash since from this event I really make sure that I secure my capital first and next the profit so that if the huge dump will came I will not lose huge money just what like happen now, But let's also think that this dip will be a golden days for us to recover what are the losses we've got since we can earn with the dump alts.

Emperor of Man

hero member

Activity: 886

Merit: 510

The greatest experience you acquire during a crash, is probably to learn to stay cool and normal during its course (maybe play some new RPG game or start a new TV series so that you don't pay attention Grin

), it always passes and destroys some panicking noobs with it, but not you strong people.

Jasell

member

Activity: 322

Merit: 11

The greatest lesson I have learned from the crash is to inculcate in my mind that red days in crypto is same as having menstrual period wherein I want it to end immediately because I can't to do the things I was accustomed to, I learned how to hod literally.

arwin100

hero member

Activity: 2632

Merit: 787

Jack of all trades 💯

Quote from: lvincent on February 16, 2018, 08:05:37 AM

For me there is always a big risk in crypto market no one knows what's gonna happen next so i need to be extra careful on making my decision. It is hard to know if the market is gonna crash or gonna rise but by taking some analysis you can find a hint although there still no assurance your gonna profit well.

But the beauty of it is by the crypto risk we can earn more $ on it, remember risk are always behind in every steps on crypto trades or by investing on ICO's but the matter of safeguarding our money will be up upon us since we are the one who's evaluating some coins and evaluation to bottom until the tip of the project is must on this since we are not only putting some money but aswell as some efforts.

mrproblem

member

Activity: 392

Merit: 24

if you learn to hold from this crash than this is the best income and experience for you..

lvincent

full member

Activity: 294

Merit: 102

For me there is always a big risk in crypto market no one knows what's gonna happen next so i need to be extra careful on making my decision. It is hard to know if the market is gonna crash or gonna rise but by taking some analysis you can find a hint although there still no assurance your gonna profit well.

BitcoinNational

legendary

Activity: 1470

Merit: 1010

Join The Blockchain Revolution In Logistics

It doesn't really learn me something new, but it reminds me that investing can be a dangerous game. After the euphoria we knew in December, I have lost sight of the risks involved in crypto . But finally the crash had benefits, I had be able to buy other coins at an interesting price

cheezcarls

hero member

Activity: 2254

Merit: 658

Looking for gigs

The crash itself last mid-January to early-February taught me an important lesson. Not to be too much greedy on my holdings. I failed to diversify my options during the time we experience the great crash.

Like Datum for example, I want to sell some, but I am in FOMO (Fear On Missing Out) mode that it can reach beyond $0.13. Now the value is almost $0.06, and if I cashed out at least half of it, I might end up having a good amount to buy some coins/tokens that I don't want to miss, and the other percentage will be for my basic needs.

It's what my Australian taught me not to have too much greediness by holding all of it rather than to sell some and diversify to buy other altcoins.

AMHURSICKUS

full member

Activity: 294

Merit: 101

This big crash is a another experience, i learned a lot from it.
Like, even though your coin is very popular and very good theres always a posibility that it may fall, so always be ready. Trusting your coin is very important and always have faith on it. Invest more when its price fall and gain profit when its high.
And i know all this experience will teach me more and it will make me become a good bitcoiner.

Cherylstar86

sr. member

Activity: 1484

Merit: 253

Quote from: Gotomoon on February 16, 2018, 01:40:21 AM

Quote from: Tashi on February 13, 2018, 01:46:13 PM

This is entirely true, you should NEVER SELL on the dip because you should take care of what you have started. For example, you bought at the dip, and it rose so high, and dips again. Don't sell, you got a good position on the trade.

We have learned a lot from the bitcoin price when it was down. Yes don't sell and we should learned to be patient when market is very unstable. In this trend we can earned a lot so let's just be patient in this market.

Yeah, each of us was learned due to our experienced about the performance of bitcoin and in some situation we can't easily control our emotions especially during downfall and we feel so depressed and disappointed, trying to hold as much as possible but in the end we sell it because we want to cut our losses which I did it before since on that time I need money and I have no choice but to sell. Now, I hold some shares of bitcoin and hoping that I can hold it as much as I can so that in the future I have a great amount of profit which only a matter of time can tell.

charlotte04

full member

Activity: 504

Merit: 102

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!!!

I really have learned that through that crash we have to take some loss before it becomes a great loss in the end. And be a patient trader all the time.

Gotomoon

sr. member

Activity: 719

Merit: 250

Quote from: Tashi on February 13, 2018, 01:46:13 PM

This is entirely true, you should NEVER SELL on the dip because you should take care of what you have started. For example, you bought at the dip, and it rose so high, and dips again. Don't sell, you got a good position on the trade.

We have learned a lot from the bitcoin price when it was down. Yes don't sell and we should learned to be patient when market is very unstable. In this trend we can earned a lot so let's just be patient in this market.

linshisui38

newbie

Activity: 154

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!!!

People always make the wrong decisions when they're panicking, and learn from them. This is a valuable experience.

Volatility is almost an inherent attribute of cryptocurrency! Now the market is recovering.

Goaide619

newbie

Activity: 27

Merit: 0

Quote from: malikusama on February 12, 2018, 04:53:48 PM

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 biggest learning from the previous crash is never listen to the hypers, spammers, and analyst. I should trust my personal judgement and never depend on others. Study hard to learn the technical and evaluate the hypothesis made. In trading never trust others because the motives are not clear whether it is good or bad.

Nylelyn

member

Activity: 296

Merit: 13

Quote from: Indrawan77 on February 08, 2018, 07:18:57 PM

For me the market is still not too stable, there is still chances that it going to have correction, from this crash I learned that I need to prepare the exit strategy, need to set the bottom price to sell the alt coin and need to spend more time to pay attention to alt, most of my alt are stuck and I will need extra patience to make profit this time since the price of alt is falling too deep

Yes we can say right now that the market is not stable, there are many reason behind it. It could be correction of bitcoin price or due to the panic selling of investors or any other reason. The best thing we can learn from this crash is to continuously trust that these are all temporary only and bitcoin and all other cryptocoins will regain its value and will still rise up again. The market will be alive again and we shall take home enormous profit.

Tashi

full member

Activity: 391

Merit: 100

This is entirely true, you should NEVER SELL on the dip because you should take care of what you have started. For example, you bought at the dip, and it rose so high, and dips again. Don't sell, you got a good position on the trade.

JosephStalin

jr. member

Activity: 52

Merit: 4

Of course you should never panic sell. And after a crash you always need to have some patience to wait that the market calms down, as it must find a solid floor before it can have a sustainable rise again to new heights.

Kurokyy

full member

Activity: 448

Merit: 100

LETS GO ADAB

Crash is just a part of trading. Patience, staying calm and not to panic in selling. To not hesitate to buy an undervalued coin when the time of dip, because that was an opportunity for making big profit. And sooner or later that undervalued coin will increase its value and go fly to the moon!

danherbias07

legendary

Activity: 3248

Merit: 1130

Leading Crypto Sports Betting & Casino Platform

Dividing it will be good but that is for safety reason only. You wont see much of the gain with doing that specially when turning it into dollar.
I agree with using the altcoins as a means of making a larger profit because you can buy a lot of them instead of having 1 expensive bitcoin.
But who knows that there is a fall coming. We are blind there because we saw a great potential for every coin. I guess many have thoughts that it will gain more value and we are wrong.
There is no lesson in it. It is just how the market goes with crypto currencies.

Topic: Learnings from crash - page 9. (Read 1132 times)