Topic: Lesson from bear market - page 33. (Read 23465 times)
My decisions always based on previous experience and this is the right way to do at this dangerous market
The most important lesson for me is to diversify your wallet as much as possible. And not only between different cryptocurrencies, but also (although I love the crypt) in gold and other investments.
I also think that, although I'm always claiming that hodl is the best, next time I will sell some coins depending on the situation - Maybe even half of funds.
I also think that, although I'm always claiming that hodl is the best, next time I will sell some coins depending on the situation - Maybe even half of funds.
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, yes, it usually works like this, one day you are the king of the world and the next you feel as the last slave. we have to understand that it's up to us to change our views to whatever is going on 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.
This should be a division of all investors and participants in the crypto market. Anything can happen in the crypto market. We do not control it. In 2017, everyone fell into euphoria and confidence in a bright future, but as practice shows, the market has its own opinion.
The main thing is that the bear market does not produce in us the inability to medium-term investments, the lost profit is also annoying!)
i have some lesson for this more than a year in crypto, bear market is a long disaster, it can be testing your determined mind if it is hard enough to take and control some difficult situations.
Market conditions in cryptocurrency are indeed not far from the assumptions of all cryptocurrency users. Therefore, the factors that affect the market are indeed very many. The facts that occur at this time do have to be continued, but we must be more careful and clever in weighing the risks so that in the future our assumption of cryptocurrency will remain positive.
The main lesson from bear market is that you should diversify your investment portfolio in a several funds, and do not afraid to sell at a loss. It is better to lose 10% than 80%.
Thank you for writing past mistakes and your experience, but in most cases people will not take a lesson out of this and will not start using it in their investments because only personal experience will show and make real experience.
Well my lesson from the bear market is that wait for it to come before you invest you're money into it. Don't get the mentality of Fearing that you will miss out because there will always be downs in the market where you could buy cheaper coins which is now.
I think the best solution when the market goes down is to stand outside and observe. Very risky when you enter the market at this time. Wait for better signal in the future.
the unstable crypto market makes many people panic and get the loss. we must learn to be more patient in dealing it because we don't know when the crypto market will recover and be stable. we must be more patient and be careful for that.
Never go panic, you should do research and study well.
Never sell your tokens, feel the market first not all tokens will go down even it is bear season.
Dont look for the USD value with tokens make it is SATOSHI or BTC price.
Make sure to buy more tokens with great potential but deep in the market.
Never sell your tokens, feel the market first not all tokens will go down even it is bear season.
Dont look for the USD value with tokens make it is SATOSHI or BTC price.
Make sure to buy more tokens with great potential but deep in the market.
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.
I do not think that the bear market can give any definite lesson for investors. You need to understand the volatility of the crypto market. After all, the market may fall, and over time, in any case, it will restore its previous growth. Bear market - just a certain period of correction, with time the situation will improve.
we are prepared for the worst by reality. when your portfolio went down in 1000$ just in a day that is a huge punch as for me, so for me now, no matter how hard market goes down, I am still hodl
The main lesson that I got after this correction - is to leave the market as soon as it is going to go to the correction.
Trading highly unregulated crypto currencies having no intrinsic value is dangerous.
Don't fool yourself trading crypto. Up to full loss is likely, because all projects need money to scope operational costs for energy (mining, hosting, etc.) which have to be paid.
Only healthy stable growth can compensate these increasing costs.
Therefore I recommend:
(1) only invest money you can afford to loose: i. e. 1-5% of your savings.
(2) only invest into crypto currency projects seeing the point: take your time to research the basic project details and value distribution facts
(3) take an eye on the overall market and new technical developments; what's great today is likely outdated tomorrow
And of course:
Do not get greedy, do not get greedy, do not get greedy.
Always deal fairly with others and have fun sharing the passion for the exciting new methods of crypto payment.
Don't fool yourself trading crypto. Up to full loss is likely, because all projects need money to scope operational costs for energy (mining, hosting, etc.) which have to be paid.
Only healthy stable growth can compensate these increasing costs.
Therefore I recommend:
(1) only invest money you can afford to loose: i. e. 1-5% of your savings.
(2) only invest into crypto currency projects seeing the point: take your time to research the basic project details and value distribution facts
(3) take an eye on the overall market and new technical developments; what's great today is likely outdated tomorrow
And of course:
Do not get greedy, do not get greedy, do not get greedy.
Always deal fairly with others and have fun sharing the passion for the exciting new methods of crypto payment.
What i've got from this condition of market is, to become more patient. Cause the condition is still looking in a bad shape even until today. I saw the price dropping a little too much compared to another day.
The fact that you train patience is very good. You will need it even when cryptocurrency is no longer profitable and you will take up a new type of activity.
The lesson you must learned in this bear market is to learn cypto first. Never go to a war without anything because it may cause you loose. You must remember that knowledge in crypto is advantage it may help you to able to keep pace with everything.
Exactly. 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.
The lesson you must learned in this bear market is to learn cypto first. Never go to a war without anything because it may cause you loose. You must remember that knowledge in crypto is advantage it may help you to able to keep pace with everything.
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