Topic: Lesson from bear market - page 46. (Read 23510 times)
The main lesson which you should understand is need of permanent training, hope the next year will be more fruitful for you.
Hoping for the best is necessary to prevent the immediate lose once panic struck the holders mindset. Negativity is a serious problem once entering the person weak mind most probably he will sell the tokens without knowing what he is doing. Yah, patient is also necessary but every aspect must be done in balance.
i understood the importance of stop losses during bearish runs. because there were so many sudden drops during this market so it is better to exchange to bitcoin in sharp moves. if not, hodling is the only way.
I think from the bear market i realize that we mustnot buy at the same time and only 1 coin. But buy them in some stage. Example you have 1000$ you want to invest. You can invest 200$ first after that you can make a step again after you already see the situation and condition in the market. So when the bull market already in its turn, you can get a profit.
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.
The entire market is one full of risk and the moment the part of knowing what will happen in the market is taken away, the fun stops and the motivation to keep on moving is lost. There is no point castigating those who believed in the market neither is it necessary to make them feel bad that the make the wrong decision. Its simply a risk that fails to pay off and could happen to anyone. The bear market at this time is something that we cannot control neither do we know when its going to end but the take out is for us to live one day at a time.
The lessons from the bearish market can be:
1. You can always make your profit from trade if you are not greedy
2. You must learn to quit a trade faster before it all dumps suddenly
3. You must buy well researched project token to avoid loss
4. Learn to HODL when the trade is complicated
5. Learn and differentiate between HODL session and when to sell its very important to learn to study and make correct decisions regarding HODL AND SELL
1. You can always make your profit from trade if you are not greedy
2. You must learn to quit a trade faster before it all dumps suddenly
3. You must buy well researched project token to avoid loss
4. Learn to HODL when the trade is complicated
5. Learn and differentiate between HODL session and when to sell its very important to learn to study and make correct decisions regarding HODL AND SELL
Well said crypto market is totally believe in predictions and no one have the exact knowledge about market up or down graph, So always hold when you are in bear market.
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.
It is important to be conscious that in crypto anything could happen so we don't get caught up in it.Crypto is full of up and down.
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.
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