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Topic: Lesson from bear market - page 2. (Read 23489 times)

member
Activity: 291
Merit: 13
August 08, 2021, 09:13:35 AM
The market is extremely volatile in a bear market. This fluctuation has also brought us great losses. However, we can firmly hold the valuable mainstream currency.

I think its usually the mainstream currency that gets demolished easily when the bearish come, some alt with lower market cap still keep its value pretty well but also some other altcoins that are getting impacted so hard.
Just see how BTC could affect literally 5 coins below it from the market movement. I will prefer diversifying my portfolio to some smaller coins as well like NFT coins.
In terms of, bear market don't just be greedy to sell or trade coins because anytime market has a chances to explode again and repeat there current prices. This technology is getting stronger so don't be worry just because of bear market eveeything will be fine
full member
Activity: 1130
Merit: 133
August 05, 2021, 04:58:46 PM
The worst could happen in terms of cryptocurrency prices. It is a good practise never to put all your eggs in one crypto basket, you should diversify, and when bear struck in cryptocurrency market, buy your coin in bits till you are sure of best posdible dip you could find. It is hard work and takes a lots of research to be able to find the best dip and buy up to profit!
diversify assets was good strategy to avoild huge loss when market crash, no one will save us if someday we face this situation except our self.  if we see this situation and still have reserve fund, maybe buying major coins will help us to earn more profit. Some traders recognized bear market as opportunity to earn profis.
member
Activity: 536
Merit: 15
August 05, 2021, 04:51:04 PM
The bear market is always witnessed in any financial market globally  and for market that is still in its infancy stage like cryptocurrencies.
The bear market comes around and it often always show the signs in price action before it happens.
By studying market structure and technical analysis, the bear market will become more predictable and you can easily reduce your stake in the market to something you are more comfortable holding
full member
Activity: 770
Merit: 101
fLibero.financial
July 27, 2021, 08:50:47 AM
The worst could happen in terms of cryptocurrency prices. It is a good practise never to put all your eggs in one crypto basket, you should diversify, and when bear struck in cryptocurrency market, buy your coin in bits till you are sure of best posdible dip you could find. It is hard work and takes a lots of research to be able to find the best dip and buy up to profit!
full member
Activity: 680
Merit: 103
July 27, 2021, 08:18:30 AM
3. Only hodling brings you long-term profit.
Sure, this is the biggest lesson. After you realize this, you will be more selective to choose coins/tokens for your assets. In the bearish market, we are aware that meme coins and shit coins drop severely. It is what will be happening once you buy meme/shit coins for your assets. There are many people who are very confident to invest in meme/shit coins before, but now they are saying losing funds a lot.   Grin


The lesson I learned from the 2018-2019 bear market is that only coins and tokens are suitable for long-term storage in which you can be sure of their prospects. Another cryptocurrency that has a certain value, it is better to sell it and invest money in top coins. It will always be more profitable. We can see that almost all the tokens that we held during 2028-2019 eventually depreciated.

I can't agree more.
First of all we definitely should follow recent trends and not be stuck in something that was trendy some time ago. For example, meme coins were very popular in spring and you could earn a lot on them, but now I don't suggest somebody investing in them.
Unfortunately, now altcoins with real value are not very popular. It is sooner a hype in the NFT-sphere.
But in any case we shouldn't forget about fundamental currencies, they will grow within the time.
sr. member
Activity: 1498
Merit: 443
July 26, 2021, 06:11:57 PM
The lesson I learned from the 2018-2019 bear market is that only coins and tokens are suitable for long-term storage in which you can be sure of their prospects.
That means not all tokens are good for long-term holding. You must be selective to choose the best coins for the long term, right? This should be one of your focus (priority) on determining your coins whether for the long term or short term. If you ever made a mistake in choosing a coin for the long term, you should learn already how to avoid the mistake. Probably bearish in 2018-2019 is the time for you to learn many things for your future investment.

jr. member
Activity: 1078
Merit: 2
I WANTED EVERYONE TO BE HAPPY IN LIFE
July 25, 2021, 01:58:47 PM
You should definitely learn the skill of selling any coin at correct time if project had potential hold it
if you wanted guarantee profit go for long term as market can't be down in long term
For short be the smart trader follow the social media to monitor what exactly the community thinking about that particular token / coin these will create buy/selling pressure on market and you can take your profit
Last but no least try to learn the basic you should know about the green candle  red candle and what is the resistance
sr. member
Activity: 2352
Merit: 245
July 24, 2021, 12:58:53 AM
3. Only hodling brings you long-term profit.
Sure, this is the biggest lesson. After you realize this, you will be more selective to choose coins/tokens for your assets. In the bearish market, we are aware that meme coins and shit coins drop severely. It is what will be happening once you buy meme/shit coins for your assets. There are many people who are very confident to invest in meme/shit coins before, but now they are saying losing funds a lot.   Grin


The lesson I learned from the 2018-2019 bear market is that only coins and tokens are suitable for long-term storage in which you can be sure of their prospects. Another cryptocurrency that has a certain value, it is better to sell it and invest money in top coins. It will always be more profitable. We can see that almost all the tokens that we held during 2028-2019 eventually depreciated.
member
Activity: 481
Merit: 11
July 21, 2021, 11:05:10 AM
The lesson which i learn in bear market is how to buy more reliable coins, i have miss buy low and sell high time  which mean i have learn my lesson.
maybe from now on you should start learning how to read candle charts so that the same mistakes don't happen again.
It's a very basic lesson if you're still going to be here with an advantage.
and maybe most importantly don't always believe in other people because other people's predictions may be wrong and don't follow the pump is not clear Wink
share predictions with groups or other people, I think it is the work of people who want to earn for themselves by sharing predictions to buy certain coins to make pumps. and then after an increase, they will sell it first which has some people caught up in the hype.
it is not recommended to follow what people say in determining our investment. stay focused on our own analysis. continue to develop ourselves not to be easily influenced by others.
sr. member
Activity: 1050
Merit: 286
July 21, 2021, 10:49:27 AM
BE PREPARED FOR THE WORST: In this bear market,I have learnt that the worst could happen,so we should always prepare for the worst.Many have lost up to 80% of their portfolio to this bear market because they are not expecting the worst to happen,unfortunately,they are caught up in it.If they had prepare for the worst,they could have done something about their portfolio at the beginning of the bear market.
DECISION BASED ON PAST EXPERIENCE MAY NEVER BE THE RIGHT ONE:It may be risky to base your decision on assumption.At the beginning of this bear market,there was a lot of assumption,many so sure that before we close our eyes and open,bull run will be here.Nobody ever expect the bear market to be this long,so, many decision made base on this assumptions as lead to frustration today.
In crypto,today you are up and tomorrow you are down.
To those caught up in it,you can only hope for the best,don’t give up.


There are a lot of things you can learn from a bear market specially if you were present at the bull market season. One is that nothing lasts forever and it applies to crypto very much since its value is very volatile and there are a lot of things going on that affects is value. Another is that without experiencing sufferings or downfalls, you wouldn't learn to appreciate things you waited for and you strived to achieve. Lastly, patience is indeed a must-have in crypto and it can be seen clearly on those who were able to hold their bitcoin on the bear market up until the bull run.
sr. member
Activity: 784
Merit: 252
July 21, 2021, 10:36:21 AM
The lesson which i learn in bear market is how to buy more reliable coins, i have miss buy low and sell high time  which mean i have learn my lesson.
maybe from now on you should start learning how to read candle charts so that the same mistakes don't happen again.
It's a very basic lesson if you're still going to be here with an advantage.
and maybe most importantly don't always believe in other people because other people's predictions may be wrong and don't follow the pump is not clear Wink
full member
Activity: 840
Merit: 105
Buzz App - Spin wheel, farm rewards
July 21, 2021, 09:35:26 AM
BE PREPARED FOR THE WORST: In this bear market,I have learnt that the worst could happen,so we should always prepare for the worst.Many have lost up to 80% of their portfolio to this bear market because they are not expecting the worst to happen,unfortunately,they are caught up in it.If they had prepare for the worst,they could have done something about their portfolio at the beginning of the bear market.


Most importantly we must be prepared in case of failure and success because cryptocurrencies are very risky for beginners who do not understand. We must be strong to face all obstacles when the crypto market experiences a price decline, if we are strong and able to hold Bitcoin or Altcoin until the price in the crypto market starts to improve then we will benefit when the price in the crypto market soars.
member
Activity: 352
Merit: 11
July 21, 2021, 09:04:11 AM
It is important to be conscious that in crypto anything could happen so we don't get caught up in it.Crypto is full of up and down.
Yeah you're right! We are in a volatile world that crypto market is always changeable it's price. But the fact is the more we are knowledgeable the more we can gain a huge money on it.
sr. member
Activity: 1344
Merit: 288
July 19, 2021, 01:43:50 AM
Lesson from bear market is never to get greedy, 10-30% of gain is enough as the market manipulation is on the high side, you tend to loose it all if you think of holding for x3-4 of profits, if u are caught up in the dip, its better to cut your losses than expecting the market to pull back up I've learned in a bitter way from the bear market, truly crypto is full of up and down
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
July 19, 2021, 01:29:19 AM
The market is extremely volatile in a bear market. This fluctuation has also brought us great losses. However, we can firmly hold the valuable mainstream currency.

I think its usually the mainstream currency that gets demolished easily when the bearish come, some alt with lower market cap still keep its value pretty well but also some other altcoins that are getting impacted so hard.
Just see how BTC could affect literally 5 coins below it from the market movement. I will prefer diversifying my portfolio to some smaller coins as well like NFT coins.
full member
Activity: 1526
Merit: 111
Pepemo.vip
July 18, 2021, 10:21:36 PM
BE PREPARED FOR THE WORST: In this bear market,I have learnt that the worst could happen,so we should always prepare for the worst.Many have lost up to 80% of their portfolio to this bear market because they are not expecting the worst to happen,unfortunately,they are caught up in it.If they had prepare for the worst,they could have done something about their portfolio at the beginning of the bear market.
DECISION BASED ON PAST EXPERIENCE MAY NEVER BE THE RIGHT ONE:It may be risky to base your decision on assumption.At the beginning of this bear market,there was a lot of assumption,many so sure that before we close our eyes and open,bull run will be here.Nobody ever expect the bear market to be this long,so, many decision made base on this assumptions as lead to frustration today.
In crypto,today you are up and tomorrow you are down.
To those caught up in it,you can only hope for the best,don’t give up.


The Bear market continues from that year till the following year of 2019 mate and Yes people must listen in your warning because for the next years market continue to fall badly.
and besides expecting is normal but we must always understand that this market is full of expectation and failure so the best way to engage is Be ready in everything that might comes your way.
if you intended to invest then you must intend to lose as well for a while.
never completely believe that your wish will come every time you expect this because there is no such thing in this market.

I think the lesson that can be taken from the bear market this time is, how do we believe in bitcoin, if we already believe that it will have a bright future, then our psychological strength will be strong to hold it or start buying it. so we don't have to worry about price fluctuations, because prices don't always fall
member
Activity: 168
Merit: 19
July 18, 2021, 08:49:56 PM
Understand this project and learn to analyze the trend of this currency. Don't be greedy, sell the coins in your hand in time and learn from the experience of failure. Even if you stop the loss, sometimes the low is an opportunity, because you don't know when all the coins will rise. Of course, you can continue to hold those valuable coins, Until the coin rises.
full member
Activity: 2520
Merit: 204
OrangeFren.com
July 18, 2021, 08:05:39 PM
BE PREPARED FOR THE WORST: In this bear market,I have learnt that the worst could happen,so we should always prepare for the worst.Many have lost up to 80% of their portfolio to this bear market because they are not expecting the worst to happen,unfortunately,they are caught up in it.If they had prepare for the worst,they could have done something about their portfolio at the beginning of the bear market.
DECISION BASED ON PAST EXPERIENCE MAY NEVER BE THE RIGHT ONE:It may be risky to base your decision on assumption.At the beginning of this bear market,there was a lot of assumption,many so sure that before we close our eyes and open,bull run will be here.Nobody ever expect the bear market to be this long,so, many decision made base on this assumptions as lead to frustration today.
In crypto,today you are up and tomorrow you are down.
To those caught up in it,you can only hope for the best,don’t give up.


The Bear market continues from that year till the following year of 2019 mate and Yes people must listen in your warning because for the next years market continue to fall badly.
and besides expecting is normal but we must always understand that this market is full of expectation and failure so the best way to engage is Be ready in everything that might comes your way.
if you intended to invest then you must intend to lose as well for a while.
never completely believe that your wish will come every time you expect this because there is no such thing in this market.
hero member
Activity: 1022
Merit: 504
GoMeat - Digitalizing Meat Stores - ICO
July 18, 2021, 07:38:56 PM
As far as I am concern, bear market is where you study the possibility of accumulation. Whether you can have small or tremendous potential of getting multipliers for your cryptos.
legendary
Activity: 1778
Merit: 1009
Degen in the Space
July 18, 2021, 07:00:39 PM
The bear market just shows that it's not always a win win situation in crypto and it also shows that having a bear market means that crypto has a lot of investors. It's a sign that it's considered as a live market like the other exchanges, so we can tell that it's the same with others. You can learn a lot from bear market and one of it is to have a good timing in investing money in crypto.
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