Topic: Lesson from bear market - page 29. (Read 23469 times)
It’s too late to surrender to anyone who got here, they won’t go anywhere, and after this growth in 2017 many bought coins in the hope of profit and now sit in start mode
I was always ready for the worst of circumstances, but there is only 1 point, how then to work, if you initially believe that you can lose everything? Personally, I need at least some, but the goal.
Nice piece. Normally it's cool to to know that crypto investment is like other, risk is involved but after the red comes the green. Many out of FUD sold off very cheap and now they are lamenting. Sometimes it's also good to convert to USDT or other stable coins, espeicially when there is a very strong FUD or when TA shows massive drop coming soon.
2018 was a great lesson for inexperienced investors who believed in all the stories were told. But many sharks of trading and margin trading managed to withdraw their profit and do not tear now the hairs on the head.
A close watch on the market is very important, followed by swift action. The mistake some people are making is that, they invest in a project, forget about it by not looking at what is happening for a very long time. By the tine they come back to check after a long time, it is something else they would meet. This sometimes happens when the person has invested in a shit coin. Cryptocurrency is volatile, so anything can happen.
The events in the crypto market this season provide valuable lessons for all crypto residents. With this situation, we can make more careful decisions and analyze more deeply in conducting research on coins that are considered profitable. Not in a hurry to sell coins and also not slow in taking advantage of the opportunities that exist today.
Yes we always prepared on when gonna hit the bear market again just like in the past few years the bear market was started in 2017 but in come to year of 2018 the price of the altcoins in the market was totally drop. But ill think it will be back again so we need to trust on it on when gonna happen.
At least there are several conclusions that I made:
1. No need to be greedy
2. There should always be a strategy for what to do if the price grows / falls
3. Reserves must always be on hand.
4. Well, the most important - you need to invest no more than you can afford to lose
1. No need to be greedy
2. There should always be a strategy for what to do if the price grows / falls
3. Reserves must always be on hand.
4. Well, the most important - you need to invest no more than you can afford to lose
I think that in the cryptocurrency market, you not only need to give yourself confidence, but also need to keep a clear head and a calm investment plan at the worst moment.
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.
I agree with you that,we just have to prepare for anything in crypto.In crypto,the best could happen and the worst could happen. 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 old adage says that the market is ruled by greed and fear. Greed has already ruled cryptocurrencies.That was last year. Recently, the digital coin market has been ruled by fear.
Every investor must have a strategy and be ready to lose all his money before buying cryptocurrency. If you are not ready for such risks, you should not start. For all others who are aware of the risks, there should be a clear plan of action in case of market growth and its fall. This will help you to stop worrying no matter bear market or bullish.
The lesson i learned is i should study trading too, because i focus on bounty and aidrop! Now we know what the test can give us from crypto so it should always be ready. I'm still blessed even the bear month now, focus on trading and explore your self. I hope this bear will end as soon as possible.
The lesson that I got is patience. The bear market made everything to teach me patience. Soon after the cryptocurrencies stated their fall, I understood that I would better wait and hold not to lose all.
A very nice write-up and an encouraging one to investors making decisions during this bearish season is a very tough one and it has to be made in a very calculative manner thanks
Many fail to study what goes around in this crypto but so means to get rich overnight, and why many lost their investment, I also discovered that this bear will take years when I study the pass of the btc and looking at the chart shows that we are going to be in for serious time but even the so called daddy in the industry fail to understand and giving false prediction of price which made many buying and hoping to gain and here they are in way back to dip and more still coming cos I know this isn't the bottom yet.
The lesson that i learn from the market is don't over float your portfolio, diversify the market you are going in, good market will not always be there always anticipated the worst.
yes, don't expect too much profit, it's better to immediately sell it if you make a profit, so you can minimize losses because coins as strong as Bitcoin can also fall and die so we can't greedy investing if we don't want to lose. Bear and bull markets are cyclical. I think the easiest options in a bear market are one of the following:
- get off and remain in fiat in order to minimize the loss
- don't panic sell and hold until the next bull cycle.
What ee need to understand is that we should not make a drama from bear periods as they are nothing but normal things for a volatile market as crypto.
- get off and remain in fiat in order to minimize the loss
- don't panic sell and hold until the next bull cycle.
What ee need to understand is that we should not make a drama from bear periods as they are nothing but normal things for a volatile market as crypto.
It's basically easy to understand about how the market behaves, but the problem is the pressure. Some people can't handle it and some would only lead to worst scenario. Even well-experienced crypto enthusiast couldn't predict the future. So, we should accept the fact that everything here is unpredictable.
The lesson that i learn from the market is don't over float your portfolio, diversify the market you are going in, good market will not always be there always anticipated the worst.
Yes, that is true. We must have a lot of knowledge when we want to enter the world of Cryptocurrency. Because like the current situation, the price of Bitcoin has dropped dramatically from day to day, making most projects go bankrupt. And for me when the market is like now, it would be nice to learn to analyze the lowest point of Bitcoin. Bear and bull markets are cyclical. I think the easiest options in a bear market are one of the following:
- get off and remain in fiat in order to minimize the loss
- don't panic sell and hold until the next bull cycle.
What ee need to understand is that we should not make a drama from bear periods as they are nothing but normal things for a volatile market as crypto.
yes that's a natural thing on the market so that we all aren't too panicked and always sad. this can be a learning for all of us so that we can be more careful in making decisions and actions. save your coins at a time like this until the conditions are safe, believe that the market will not continue this way. - get off and remain in fiat in order to minimize the loss
- don't panic sell and hold until the next bull cycle.
What ee need to understand is that we should not make a drama from bear periods as they are nothing but normal things for a volatile market as crypto.
Bear and bull markets are cyclical. I think the easiest options in a bear market are one of the following:
- get off and remain in fiat in order to minimize the loss
- don't panic sell and hold until the next bull cycle.
What ee need to understand is that we should not make a drama from bear periods as they are nothing but normal things for a volatile market as crypto.
- get off and remain in fiat in order to minimize the loss
- don't panic sell and hold until the next bull cycle.
What ee need to understand is that we should not make a drama from bear periods as they are nothing but normal things for a volatile market as crypto.
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