Topic: Lesson from bear market - page 23. (Read 23489 times)
The lesson I get from the bearish market is that I should have learn trading much earlier and not depending on holdings since it is long-term goal, I know trading is risky but if you learn from it then I'm sure you can earn some good profits even when the market is bearish.
This bear market was really a lesson for us. Everyone in the bull market is more conscious now. More logical and reasonable decisions will be made.
I think in this market, many have realized that the strategy hold for all is not suitable and need to properly enter and exit the coin, so I think now is a good time to realize the mistakes and avoid themThis bear market was really a lesson for us. Everyone in the bull market is more conscious now. More logical and reasonable decisions will be made.
I think in this market, many have realized that the strategy hold for all is not suitable and need to properly enter and exit the coin, so I think now is a good time to realize the mistakes and avoid them I can't imagine experience the bearish market of 2018 and yet not learning some very important lessons. I am sure a lot of people who in one way or the other were affected, will have something to say and would have known about how to engage of combat some difficulties inherent in crypto space.
The experience is not enough for one to quit, but it is mean to equip you more.
The experience is not enough for one to quit, but it is mean to equip you more.
Only a few people will draw conclusions. Most people leave the market or rest led by the hope that they'll compensate their losses. there are few people who trade having a plan, and they'll achieve success!
I think from the bear showcase I understand that we mustnot purchase in the meantime and just 1 coin. In any case, get them in some stage. Precedent you have 1000$ you need to contribute. You can contribute 200$ first after that you can make a stage again after you as of now observe the circumstance and condition in the market. So when the positively trending business sector as of now in its turn, you can get a benefit.
This bear market was really a lesson for us. Everyone in the bull market is more conscious now. More logical and reasonable decisions will be made.
I learned a lot in 2018. I learned the hard way. I will be managing my portfolio well this time. Although I can sense that this year will be way better than that bloody 2018. There will always be no regrets for me.
The No1 lesson I learnt from the bear market is not to FOMO into buying any altcoin, you can always wait and you will get it at a low price. I made some money in July so I decided to buy some altcoins for the next bull market but I was too early and all the coins I bought are not worthless. But I don't regret it, I only learnt from it.
Crypto market has extreme high volatility so most of times it's like a bet.... that's why I recommend to invest not more than 5% of your savings in crypto. In that way even if prices will fall down like in 2018, you can handle the situation and hold because the amount of capital is relative low.
One of the lessons that I learned for myself is that it is not necessary to think positively and encourage yourself that the market will soon begin to grow. We need to look at what is happening more realistically.
I can't imagine experience the bearish market of 2018 and yet not learning some very important lessons. I am sure a lot of people who in one way or the other were affected, will have something to say and would have known about how to engage of combat some difficulties inherent in crypto space.
The experience is not enough for one to quit, but it is mean to equip you more.
The experience is not enough for one to quit, but it is mean to equip you more.
Those who are in crypto since last year are well aware how bear market works and how to keep yourself safe in bear market. Bull market is easy to survive as you most of the time get profits as coins keep on pumping but the experience gained during bear market will really help us in this year and we can better understand how to gain profit.
Bear market teaches me that we can not rise forever, there should be corrections (when we buy) followed by another growth (when we sell).
But 90% do the opposite, they buy high, sell low
.
We can not know what is high and where is low, so that 90% is easy to understand, It is difficult for us to apply the rule of buying low and selling high. I also often buy at high prices and have to cut losses to reinvest But 90% do the opposite, they buy high, sell low
.
From all that time while the market can be called bearish, I think that it can be said that we have real lessons in life today, especially if we understand that the market today still works only to really reduce the wallets deposits.
Bear market has really taught us a great lesson, in crypto,you need to be able to use your mind not just acting on speculation here and there because anything can happen.
Cryptomarket have potential to make any investors rich in short time thats why a lot of new small investors entered in the market with the hope of becoming rich but they dont know the games of the whales or bulls. In bear market whales have played their game very nicely by taking market with the long and short strategy. The peoples who played along with whales or moved along with their steps are safe and other peoples are in huge loss as you have mentioned and their funds got locked for longer time. Thanks to stable coins I managed to recover my funds & my instincts to play with bear market. I would like to suggest Peoples who are loss to hold their funds and forget it till March or Aprill as there again chances of small bull run so that you can recover your funds.
You cannot say that you already loss your investment especially if you haven't sold your assets.
The very basic to say is that, if you loss 80% already upon holding your assets because of bear market then the best way to solve your problem is to hold your assets until the market will recover.
Most of the investors have no patience and once they saw red colors in their portfolio they already panic and want to sell almost all their assets in order to lower their loss but that thinking is very opposite if you are really a full time investor with patience.
The very basic to say is that, if you loss 80% already upon holding your assets because of bear market then the best way to solve your problem is to hold your assets until the market will recover.
Most of the investors have no patience and once they saw red colors in their portfolio they already panic and want to sell almost all their assets in order to lower their loss but that thinking is very opposite if you are really a full time investor with patience.
Yes indeed, the bear market in 2018 frustrates many traders because their coins are stuck when they buy coins with high prices and now the price of coins is still very low, but for traders who have experience all that is already familiar, because trading in cryptocurrency is very risky high.
I have learned that whether the market is bearish or bullish as long as you know how to trade properly, you will still earn a lot in crypto. As long as you don't panic and react right away in price changes and be disciplined and patient, you will still earn during the bearish market situation.
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.
You are right, people thinks about bull market continuously but we must think if bear market goese on 1-2 years more what will happen? Everybody must be ready for this bad scenario and don't give up like you said. 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.
Bear market teaches me that we can not rise forever, there should be corrections (when we buy) followed by another growth (when we sell).
But 90% do the opposite, they buy high, sell low.
But 90% do the opposite, they buy high, sell low
. Jump to: