Lesson from bear market - page 21. | Bitcointalksearch.org

Chainsmokers

sr. member

Activity: 1372

Merit: 252

Quote from: Absolutep on November 06, 2018, 01:15:12 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.

Yes anything can happen and I think everyone who invests in a cryptocurrency must be prepared for something that can happen later. For myself it is difficult to predict what will happen to the market, and I myself continue to observe market developments to make decisions that I will take in the future whether holding it is the right choice or not.

Rostock

member

Activity: 364

Merit: 10

I realized that you shouldn't try to get into something you don't understand. I think that cryptocurrencies will not be constantly in a downward trend, so for many people it's worth just waiting until the market starts to recover.

Invigorated

jr. member

Activity: 266

Merit: 2

The bearish trend has indeed brought a lot of regrets and anguish to traders and investors alike. I for one have learnt so much from this. I have always been a lover and believer of long term holding. Unfortunately, this bear has thought me that, holding may not always be the wisest thing to do. You have got to take profit when you have the chance to do so. Going forward, I have learnt my lesson the hard and definitely going to reassess my believe.

^BuTcH^

full member

Activity: 671

Merit: 103

Moni

The biggest lesson I received from bearish market was connected with my strategy. I realised that margin trading is a tool, but my portfolio can suffer as well!
That's why I am sure that in crypto currency you should care about risks!

Jadesola

member

Activity: 280

Merit: 11

I guess the bear market has taught us do many lesson which to me as made me strong and prepared me for anything coming my way in the crypto sphere.

MiniMountain

full member

Activity: 624

Merit: 101

BBOD Zero-Fee Exchange

In every darkest moments there is light so just look on the other bright side of the bearish market because some people are taking advantage of it by buying and holding more of their favorite coins though they never know when the bull market begins but they still believe in this modern technology.

futuristishe

full member

Activity: 420

Merit: 100

I think the most instructive in this bear market is that it is impossible to understand when it will end. All dimensions dictate very different predictions! Since some said that at the end of December the bitcoin exchange rate will reach 10 000 dollars, others that January will be a frenzied growth, the third that until 2021 the market will be dragged at the lowest level. And any understanding of the essence of market growth is not present now!

bitcoinst

hero member

Activity: 1708

Merit: 651

SmartFi - EARN, LEND & TRADE

The most important lesson of the bear market is that you can never predict when the bear market will come and when it will end. This means that one should not be greedy and place too high hopes on cryptocurrency even at the peak of its popularity. Be flexible.

davit putra

copper member

Activity: 409

Merit: 0

It is important to have patience and still be calm with all possible market downturns, and still have market confidence that it will be able to grow again at an increasingly better price.

DeKingCrypto

full member

Activity: 518

Merit: 124

Some of the lessons I have learned in this bear market is patient, and to get rid of fomo, it really help in ways anyway and also understand that every good thing in life takes time.

Gabmot

member

Activity: 686

Merit: 11

Wow! This piece is actually the right message for the moment. Personally, i got caught up in the heat of the moment which did led me into frustration before now. Nevertheless, i have decided to wait no matter how long the wait will be since it was a decision i embarked upon from the inception.

VadikZimnyayaRezina

full member

Activity: 490

Merit: 100

MenaPay - Crypto made easier than cash

Quote from: shadowduck on January 17, 2019, 10:47:25 AM

Quote from: Prompyboo on January 17, 2019, 09:46:04 AM

Quote from: FilliDorros on January 17, 2019, 09:31:39 AM

For me, it was a lesson that I bought Bitcoin for $ 6,000 and didn't sell for $ 20,000, at the end of 2018, because I thought that it would grow more. But then, I sold for $12,000 and realized that I needed to make decisions on time.

you are lucky that you sell it in the right time. So many people did not have time to sell and now they are in big minus

I generally do not know any single person who is now in profit. The biggest losses suffered by people who kept their money in the Altcoins

Such now time, it is easier to lose, than to earn something and even if it was succeeded to earn, it is heavy to keep, a lesson to us was taught very serious

terible.hunter

member

Activity: 490

Merit: 10

Bitfresh - iGaming with 90s UI

This year people really got a lot of lessons, to be honest, I already had an opinion that people simply don’t need anything. Many have simply already left cryptocurrency because bears are not going to leave at all.

shadowduck

full member

Activity: 840

Merit: 100

Oikos.cash | Decentralized Finance on Tron

Quote from: Prompyboo on January 17, 2019, 09:46:04 AM

Quote from: FilliDorros on January 17, 2019, 09:31:39 AM

For me, it was a lesson that I bought Bitcoin for $ 6,000 and didn't sell for $ 20,000, at the end of 2018, because I thought that it would grow more. But then, I sold for $12,000 and realized that I needed to make decisions on time.

you are lucky that you sell it in the right time. So many people did not have time to sell and now they are in big minus

I generally do not know any single person who is now in profit. The biggest losses suffered by people who kept their money in the Altcoins

fileo

member

Activity: 658

Merit: 10

Rangers Protocol

The lesson from bear market is like a coin.
Coin compose of two side the front and back sides let assume excluded the top view. Sometimes this condition make us worried about the near end. Sometimes we talk always about what we don't like. Gain and profit is very easy to receive. In reality, sometimes we didn't see the positive side which is the right time to buy and buy the potential proven coins while it is dropping. We don't like lose but we like gain. You know if I have big money I will definitely invest in top 10 coins lister in the market. Behind bear market impressive investment can happen considering the future recovery of the particular altcoins.

Prompyboo

sr. member

Activity: 807

Merit: 251

World's First Crowd Owned Cryptocurrency Exchange

Quote from: FilliDorros on January 17, 2019, 09:31:39 AM

For me, it was a lesson that I bought Bitcoin for $ 6,000 and didn't sell for $ 20,000, at the end of 2018, because I thought that it would grow more. But then, I sold for $12,000 and realized that I needed to make decisions on time.

you are lucky that you sell it in the right time. So many people did not have time to sell and now they are in big minus

bittick

hero member

Activity: 2296

Merit: 506

Cryptocasino.com

Quote from: JohnBitCo on January 12, 2019, 04:04:54 AM

Quote from: gowobonyok on January 08, 2019, 08:41:59 AM

the most important thing is, when the price reaches the highest, we must immediately sell, do not wait to rise higher, because it could happen that it drops dramatically. and when the market falls, it's a good time to buy. this is a very important and valuable lesson, not only theory but also experience directly in the crypto market.

No body sell at the highest price as no one knows which is the highest price. When there is a pump in a coin and the coin is moving up, it seems that it will go further up. We become greedy and do not sell. Then after some time it starts to decline and we regret that we did not sell at highest price.

Because when the reach the highest price and they are expecting more than it and they have no time to sold it. The only lesson that we can take from this case just always try sell when it reaches a high price and don't be a greedy person.

FilliDorros

member

Activity: 560

Merit: 11

For me, it was a lesson that I bought Bitcoin for $ 6,000 and didn't sell for $ 20,000, at the end of 2018, because I thought that it would grow more. But then, I sold for $12,000 and realized that I needed to make decisions on time.

KKH84

full member

Activity: 602

Merit: 100

Quote from: anobtc on January 01, 2019, 01:02:48 PM

Yes, my most expensive lesson is that every worst thing can happen. So always prepare for such situations. Yes, my most expensive lesson is that every worst thing can happen. So always prepare for such situations. And in this down market, each of us will become very mature.

Why do you repeat the same sentence twice, but I honestly agree with you, that the exchange situation is difficult to predict for that it needs precision, patience and luck. Realizing bad things in trade will help to eliminate the feeling of disappointment a little, for it needs to be planted in the heart.

lolgato1

sr. member

Activity: 793

Merit: 250

We are at the beginning of bear market. Be prepared for the worst, most of altcoins are still very expensive because they have no product, no use, but only high price.

Topic: Lesson from bear market - page 21. (Read 23489 times)