Topic: Lesson from bear market - page 36. (Read 23510 times)
Far back in June I said it going to take us some year before we see new face of market but many said December is bull time and with what we are seeing I think many have leant their lesson , I knew we not going to see $10000 in btc by ending of this year and here we are , only that it took so long before it break $6000 and breaking it has nothing to do with the fud by Craig cause I don't believe in those fud but the reaction in supply and demand also TA rules.
At this point of time, the only one thing one can do is keep patience. One thing should not be forgotten, if you take any bad decision and panic-sell, you will lose most of your investment. As the market is volatile, it is natural that the market keeps going up and down. So be patient.
have already learned from my mistake though I never expect the bear market to last this long. At the beginning of 2018, I had about $12k in my portfolio but I was hoping the rally of 2017 will continue and I have to invest in some selected coins at that time. Within few days after days the bear market commenced and i was hoping the market will soon reverced till when I almost lost a third of my portfolio.
In my opinion the bear market will continue for a few weeks, until bitcoin and the overall market stabilize, plus a few months to consolidate before the next bull run.
"Risk comes from not knowing what you're doing" ~Warren Buffett
"Risk comes from not knowing what you're doing" ~Warren Buffett
Bear market is ni respecter of any portfolio and as a season investors and traders, we must prepare for bear market and stand our ground no matter how long it will take for bear market to last. And if we can not withstand bear then we should sell asap to avoid further loss!
In life you should always count on the worst outcome in order not to hurt so much when losing, and if you hoped for the worst and then it became better, then you become doubly happy 
I had only one really good lesson from this infinity bear market. If you would to be enough patient, you would to reach something.
The most important lesson I think is that " Keeping the main money is the prorarity" , Always try to save the main money from losses and don't greedy on that , Accepting risk is good as far as we have some stop loss in everything in our mind .
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.
Perfectly wrote,the worst is really the order of the season as far as crypto is concern now,who knows what to expect tomorrow, nothing will surprise me anymore. 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.
Waiting until the market is stable again would be the best thing especially in such a hard bear market. Besides, we should invest only what we can afford to lose, but never invest in something we don’t understand.
It is all clear that after such growth no one expected that the bears would drag on for almost the whole year. And there are still investors who have not yet sold their assets and are hoping for bulls. But not novices understand that by investing in this market they will have to endure and wait.
Indeed. This year the bears ruled the crypto currency world. They pulled prices down during months. In May and August 2018 there were two bull runs, but the general direction of the trade movement was downward. It should be noted that Bitcoin looked good compared to altcoins. BTC did not fall so drastically and cost more than $6000 over several months. The lesson from bear market is, do not buy crypto currencies when the hype is going.
Of course, I'm trying to keep hope and wait for the best! I’m sure it will. But this bear market ruffled nerves for everyone ... What lessons I learned from this:
- the word stability is definitely not about cryptocurrency,
- you need to have alternative sources of income
- never invest more than the amount I'm afraid to lose.
- the word stability is definitely not about cryptocurrency,
- you need to have alternative sources of income
- never invest more than the amount I'm afraid to lose.
In fact, the best way to deal with a bear market is to wait patiently. No one in the bear market knows the bottom of the coin price, so only patient waiting is the best way to invest. Unless you are a professional trader, it is difficult to make a profit.
Very good comment. Correctly wrote that in the bear market it is necessary to wait only, and professionals earn on it. 
Undoubtedly, during this period of the bearish trend, which has been going on for a long time, I also learned several important lessons that I learned as experience. I was not ready for such a market situation and was very upset for a while, but now I have become stronger and more vibrant, so every moment and my decisions need to be analyzed and conclusions drawn.
Bear markets are a test of patience and perseverance of investors. Hold on through it to enjoy the rewards on the next bull market.
In fact, the best way to deal with a bear market is to wait patiently. No one in the bear market knows the bottom of the coin price, so only patient waiting is the best way to invest. Unless you are a professional trader, it is difficult to make a profit.
If they are trader, they really do not care much about the bear market, because they can still earn money in any situation. As for holders, this is the time they should ignore the market and pay attention to their main job
It turns out that the world of crypto-currencies is very cruel and does not allow all its participants to get rich quickly, most likely it is very easy to lose your money if you do not have the proper experience, so you should think and not invest borrowed funds or those that you are afraid of losing. It seems to be a truism, but many forget about it, especially beginners.
The first lessson is for someone to make used of this opportunity to buy coins and the second lesson is to be patience
During this bear market, the only thing you can do is to hold the coins you have in your possession and anticipate the bull run which will be coming soon.
You have also another option and that is to buy more while there's time. Holding is the best option but you have also a chance to buy while the market is dumping. You can buy more a lot of your choice depending on your budget and learn this thing from most of the traders and investors in the market. Don't just let this pass if you have a chance to do.
During this bear market, the only thing you can do is to hold the coins you have in your possession and anticipate the bull run which will be coming soon.
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