Topic: Lesson from bear market - page 28. (Read 23510 times)
Good tips from you, they should be remembered. i can share my conclusion too. Dont rush the things and act calmly. Dont forget about risk managment: open stop losses
Everyone I think does not want to be trapped in this situation, but we must also be prepared for the worst. I personally am stuck in a situation like this not only once. But we also remain patient and take advantage of opportunities. With a very low price of coins, of course, you have to buy coins that have potential. Because this situation will definitely turn around.
There is only one lesson I've learnt from bear market condition, always buy cryptocurrency in bear market ,it will bring faster profit and it will ease your mind just for buying at cheap price and I'm sure in the future cryptocurrency will make a lot of sense
Never buy worthless things because it can worth something. We see lots of worthless things pumped and believed it will be always like that. Now we have too many worthless things hoping someday they will worth someday and they wont.
Market conditions like this, we can learn a lot, one of which is to learn how Whales play prices, because they can manipulate market prices. we just need to find a profitable gap, like the right buy and sell time. so don't give up first, the crypto market will still last longer.
I've received a lot of lessons from bearish market. First of all don't put your funds just in 1 coin. Secondly,there is no need to rush and buy on falling market,because you can be awarded with another deep!
that's the current market condition. in fact no one thought that the current bad market conditions could last very long, even almost one year the market was as bad as this. but I observe that there are still many investors who have not sold their assets because they believe that there will be an increase and the market will recover. so I hope friends don't give up.
try to find opportunities in narrowness.
try to find opportunities in narrowness.
Yes. Despite in the downtrend of the market, there are still numerous investors wanted to hold their crypto earnings for a little bit more of time because they feel that the market will recover soon. Hopefully, it will be going to happen so that we can at least earn profits little by little.
that's the current market condition. in fact no one thought that the current bad market conditions could last very long, even almost one year the market was as bad as this. but I observe that there are still many investors who have not sold their assets because they believe that there will be an increase and the market will recover. so I hope friends don't give up.
try to find opportunities in narrowness.
try to find opportunities in narrowness.
That's right. You need to be ready for anything, because the cryptocurrency is full of surprises and promises nothing to anyone!
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.
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 mentioned a past experience. Look what happened to people who built their strategy solely on past experience. They've all lost their Deposit, as it is situational.
Things I learned in the bear market are being prepared and being smart in such a situation that the market trading is falling short. because of this year many are regretted and sorry for the rush sale they made to their tokens because of the bitcoin downfall.
The best lesson I've got if not to be greedy. If you have a chance to sell, even in small profit, then do it.
You just need to come to this market with experience or you will pay for it in the course of training. Take all their losses in the bear market, except as payment for the lesson, not worth it.
It is very difficult for every body to keep patience to wait the right time to enter and exit because people always buy at the peak and sell in the bearish market but the experts always choose the right time. Bear market tell that this is right time to move on and it its good for investment.
Every time the stock market is crashing, mass panic ensues! We have over 100 years of data that shows it always goes back up, even after the "great depression" the gains that followed were insane.
The exact same thing will happen with the crypto markets. The masses never learn and will always be burnt. Poor grandma and grandpa panic thinking they'll lose their entire life's savings, sell everything only to see the market recover to new highs in a few short years.
The exact same thing will happen with the crypto markets. The masses never learn and will always be burnt. Poor grandma and grandpa panic thinking they'll lose their entire life's savings, sell everything only to see the market recover to new highs in a few short years.
I always take into the worst possibility every time I invest so it doesn't matter even though the worst possibility is coming I will always be ready to face it. but sometimes many new people don't understand and get caught up in losses and that makes them depressed, I hope everyone can learn from the market bear that happened this year.
Do not invest all in one coin. Always diversify your assets. Do not trust the promises and your digits. Always do your own analysis of coins. Rely on yourself.
Be flexible , some ico talk too much & over promise and hold promising coin
I have learnt alot from the bear market and most of all is to be patient with the market , explore the current situation and hope for the better
the lesson that i get from this bear market was...don't try to catch the bottom, you don't know, just avg down on your favorite alts. And make sure you have a spare btc/cash ready/
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