Topic: Lesson from bear market - page 14. (Read 23509 times)
If you are in cryptocurrency for a long time, you would not be able to protect yourself from losses. Either way, you would have lost most of your investment. But on the condition that you do not trade and use the strategy hold.
I learn my hard lesson in the bear market. When i felt that my holdings won't go down because i see a growth in the past but suddenly it down. I had not sell some of my holdings before that's why some of my tokens get down and as a result. I loss big time in the past and only sell within loss to cover up my investment. Now, i'm beginning to accumulate once more because the price is too low and if ever the bull run come back i will sell half of it to have an assurance that i will earn a percent of my investment.
The bearish has taught us so many lessons which has made us to be strong in the crypto sphere,it has also help us to make better decision unlike the way we make decision base on others opinion before now.
and we taught how to face the bearish market.we could trained our mental and emotion, on market outside we could be the better human.this bearish trend not only taught us as good trader, but also be a good human.
Everyone in bear market understand that this type of market can't bring a lot of profit, especially to newbies who want to get a rich quickly.
The bear market has its charms, everyone is afraid to invest, prices are falling, traders continue to earn money, investors wait, bounty hunters complain, the crisis is in its prime.
The bearish has taught us so many lessons which has made us to be strong in the crypto sphere,it has also help us to make better decision unlike the way we make decision base on others opinion before now.
This bear market has taught me a lot because I lost a significant amount of money. Now I realized that it’s better to earn less than to lose and I’m not looking for risky long-term deals that promise high income, but rather content myself with quick deals with a profit of a few percent and feel satisfied. The main thing is to keep funds in usd and not in cryptocurrency. The worst thing you can do in a bear market is to keep funds in altcoins, this is sheer insanity.
In this bear market, its hard to make profits if we speculate on altcoin. If bitcoin price fell, most altcoin drop more deep than bitcoin. I am agree its more safe to hold in USD in this bear market and we can buy good again when market sign a recovery
One thing I have learnt that you should always start investing in the bear market or when the price are lower. You should keep doing it every month if you cannot invest at one go so that at the end you have build a good portfolio for yourself at lower price.
This bear market has taught me a lot because I lost a significant amount of money. Now I realized that it’s better to earn less than to lose and I’m not looking for risky long-term deals that promise high income, but rather content myself with quick deals with a profit of a few percent and feel satisfied. The main thing is to keep funds in usd and not in cryptocurrency. The worst thing you can do in a bear market is to keep funds in altcoins, this is sheer insanity.
In this bear market, its hard to make profits if we speculate on altcoin. If bitcoin price fell, most altcoin drop more deep than bitcoin. I am agree its more safe to hold in USD in this bear market and we can buy good again when market sign a recovery
I have learnt the value of patience. I have also learnt how to spend time doing other things and learning new skills while I hold my dipped assets. I can only hope for the best now
80 percent of people are now hoping for a good future, but only 20 percent of people in this market spend their time and money for the learning and increasing their portfolio using earnings from bounty campaigns and trading. Some people still mining cryptoIf they still hope without doing something at this moment, they don't have a good time to buy the coin at a low price. I think that 20% of people who could still spend their time and money to trade will have a chance to make a profit because they know that it is their time to back to make a profit. They don't think about how much profit they can make, but they are concern about the lesson of trading, so they still trade until now.
I learned how to become a hunter when the bear market took place. You will have to become a hunter to destroy every danger or become prey for crazy bears. Wait for prices to drop sharply and buy them, then wait for the growth to reverse and sell them. Be a bear hunter.
That's a pretty technique and a working one based on my experience.When people loves to dump, it's the time to get smart and buy at the cheapest price, normally price will recover and with this
we can even make a short term profit if we choose to. With the total number of investors and traders in the market, I think majority
are not strong enough and with their weak hands, we can take advantage every time they panic and dump.
Absolutely, when people with weak hands are selling and the
markets fall that is the time to accumulate cheap coins for a
future reward.
Even if we bought coins at a higher price, buying cheaper
than that can lower the average cost price.
Selling lower is a permanent loss.
I hope they will find it easy to spot when the weak hands are selling.
This is the opportunity for them to make money, but unfortunately, this market is full of foolish people who would rather
see a FOMO times a good opportunity to buy rather than when big corrections happen, they need to grow, otherwise thy have no chance here
I learned how to become a hunter when the bear market took place. You will have to become a hunter to destroy every danger or become prey for crazy bears. Wait for prices to drop sharply and buy them, then wait for the growth to reverse and sell them. Be a bear hunter.
That's a pretty technique and a working one based on my experience.When people loves to dump, it's the time to get smart and buy at the cheapest price, normally price will recover and with this
we can even make a short term profit if we choose to. With the total number of investors and traders in the market, I think majority
are not strong enough and with their weak hands, we can take advantage every time they panic and dump.
Absolutely, when people with weak hands are selling and the
markets fall that is the time to accumulate cheap coins for a
future reward.
Even if we bought coins at a higher price, buying cheaper
than that can lower the average cost price.
Selling lower is a permanent loss.
I have learnt the value of patience. I have also learnt how to spend time doing other things and learning new skills while I hold my dipped assets. I can only hope for the best now
80 percent of people are now hoping for a good future, but only 20 percent of people in this market spend their time and money for the learning and increasing their portfolio using earnings from bounty campaigns and trading. Some people still mining crypto
yeah... No one expects that coming. Many investors lost their profits because of the breakdown. whole the year it couldn't able to recover. I don't have many hopes even in this year. but anyway we all learned the lesson. so we have to make decisions wisely.
I have learnt the value of patience. I have also learnt how to spend time doing other things and learning new skills while I hold my dipped assets. I can only hope for the best now
To find the point of entry and exit correctly, it is necessary to spend more than a year in this market and to understand how the whales act and what information they distribute, so that those who entered the world must understand that they can not do without losses. So don't hurry to leave the cryptocurrency world, but find and correct errors in your actions.
In the bear market, the lesson I learned from it is never try to hold for too long. You will lose more if you remain patient. Be alert and cut holes appropriately if we don't want to regret it
yep you're right OP be prepared for the worst, not all the time will stay at the top, sell your crypto when you earned profit just don't be so greedy.
My lessons that i've learn in bear market situations is do not buy altcoins and hold for long-term because bitcoin is already dropped out same to other coins that has not expected.
Correct, this is a big lesson specially for those who think that a coin will simply rise on parabolic line. And then when this bear market entered, people still buy coins and think that it will bounce back but eventually majority of us suffered a big lost and those holders can't do anything and not selling because they will have to incurred 90% lost by now if they decided to dump.
My lessons that i've learn in bear market situations is do not buy altcoins and hold for long-term because bitcoin is already dropped out same to other coins that has not expected.
In my opinion, the main lesson of this bear market is the proof that simply holding our coins and tokens for a long time is not always the most optimal for obtaining a good profit. We have to understand that cryptocurrency prices cannot rise for a long time, there should always be a fall behind a large increase. Accordingly, the big ups and downs need to be on time and properly used.
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