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Topic: Lesson from bear market - page 31. (Read 23465 times)

copper member
Activity: 294
Merit: 1
December 11, 2018, 05:08:42 PM
Most important lesson is to never go emotional and believe all predictions, exit earlier while you can and always ensure you convert all in fiat. Good enough there are a lot of options in most exchanges that provides the fiat base for crypto such as Tusd, usdt, usd, pax and so forth. Never sleep on any coin if one is trading and always have a good exit strategy
full member
Activity: 443
Merit: 101
December 11, 2018, 04:05:02 PM
As long as you haven't sold your bitcoins, you haven't lost anything, we still have it ahead of us. The rule that I learned for myself - do not buy anything on the bear market.
jr. member
Activity: 280
Merit: 1
December 11, 2018, 03:53:37 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.

Stop spreading the FUD, all you need is to wait, all will come back in a couple of years, listen to head ob Binance and other
wise people.
hero member
Activity: 1260
Merit: 505
Age Of Mars | GameFI Virtual colonization of Mars
December 11, 2018, 03:52:37 PM
Something really weird happening on the market right now, many old wallets full of BTC started to decide the volume of the coins to some smaller wallets.
I read a few hours ago that these movements were related to coinbase and they simply moved their money to new addresses. Nothing special
full member
Activity: 728
Merit: 110
December 11, 2018, 03:47:08 PM
Something really weird happening on the market right now, many old wallets full of BTC started to decide the volume of the coins to some smaller wallets.
full member
Activity: 532
Merit: 101
December 11, 2018, 12:05:07 PM
Never hold for a long time, always make the 50% of your holdings moving in the market or doing buy and sell.
Make sure that you will have the patient needed and the funds to buy more at very deep.
Bear market is not losing time, it is harvesting more tokens.
copper member
Activity: 420
Merit: 26
December 11, 2018, 12:03:42 PM
The truth is nobody expected it, the bear market took us all by surprise and before we could do anything, Bitcoin, Ethereum and all other altcoins have already dropped. So majority had no hope than to HODL and wait for the market to recover and still the market didn't recover and now we have seen the worse in 2018. And during this period I have learnt how to double my portfolio successfully without stress and this have been the case for me in 2018 and I hope 2019 will be a better year couple up with news we are waiting for.
full member
Activity: 518
Merit: 124
December 11, 2018, 12:00:59 PM
I started as a day-trader and because of that I don't have any relationship with holding, but this bear market has taught me how to hold, also it has taught me how to have patience.
member
Activity: 252
Merit: 10
December 11, 2018, 11:57:03 AM
Never panic or regret something. The bearish market contains a lot of risks and it is normal that some of your investment decisions can go wrong, but we need to be strong and to overcome such mistakes to be able to gain high returns.
member
Activity: 411
Merit: 21
December 11, 2018, 11:40:22 AM
In my opinion, one of the most important lesson from the current bear market would be that we should never invest in something we don’t understand. But only invest what we can afford to lose. From my point of view waiting till the market is stable would be the right behavior in such a hard bear market. 
copper member
Activity: 118
Merit: 0
December 09, 2018, 05:06:44 PM
I learnt some lessons and one of them is keeping fiat investment or usdt equivalent to make purchase for lower price.
It is hard to predict bottom
sr. member
Activity: 910
Merit: 257
December 09, 2018, 04:46:06 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.



Well, I would say that that is a few of the lessons that one should be ready for in this market in whatever kind of market the general market is in. I mean, whether it's bear or bull, being prepared for the worst and being ready to react at any change would not leave you astray, the fact that many different people are not doing it, especially in this ever evolving and moving market has proved to be a bad strategy because the market is just so hard to predict most of the time. Therefore, if you would not be ready, then you are more vulnerable to losses and failures.
member
Activity: 336
Merit: 10
December 09, 2018, 04:41:14 PM
During a crisis, people know that sooner or later it will end. In cryptography, no one can tell when the bear market ends. Maybe in a few years, and it’s too long to believe in the success of a crypto.

I bet that the market will grow in the future. However, I can not vouch when this can happen. Growth can begin in a month or in a year.
jr. member
Activity: 268
Merit: 4
December 09, 2018, 04:18:13 PM
Bitcoin or ethereum can be processed even from 1 usd. Unfortunately, many traders have weak buying policies. However, the bear market have made the conditions worse.
member
Activity: 333
Merit: 14
December 09, 2018, 04:14:47 PM
Yes, this bear market influenced very much on the wallets, personally I lost nearly 90% from the maximum balance. and it seems to me that it is not the end.
full member
Activity: 238
Merit: 100
December 09, 2018, 04:10:42 PM
History never teach anyone anything, because it never copy itself. May be the only lesson is that one can decide how much money he/she can invest and forget about them or at least be able to focus somewhere outside the bearish market.
Try to tell this your teacher of history Cheesy. We have to learn from the history, as you can see on the graphs, the history repeats itself in cycles.
full member
Activity: 490
Merit: 102
December 09, 2018, 04:00:03 PM
History never teach anyone anything, because it never copy itself. May be the only lesson is that one can decide how much money he/she can invest and forget about them or at least be able to focus somewhere outside the bearish market.
full member
Activity: 574
Merit: 100
December 09, 2018, 03:54:26 PM
I personally expect that the market will fall even more, as Bitcoin goes down more and more. Soon it will cost about $ 3000, and after it will be clear will fall further or grow.
full member
Activity: 854
Merit: 102
MoonDeFi
December 09, 2018, 03:11:09 PM
So tell me what confuses you specifically? Yes, the situation is very sad now, but the main thing is to understand that this is all a manipulation of the market, since many earn on it and still quite a lot, you and I just have pawns in the big game and we just have to watch it
member
Activity: 1260
Merit: 21
December 09, 2018, 03:07:30 PM
True, the only thing is to hope the bull market returns and take another good position too cos of cause, a lot of people have lot a great deal of their portfolios and can only hope for the best now though if you've been in crypto for some time, you would be able to understand that this phase will pass and if you're a new comer like me, and have made some research too, will be able to understand that both bulls and bears are part of the crypto market stages and while we're here now, it is buy some more if you can a Wait it out.
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