Lesson from the prolonged bear market - page 7.

Tramle091296

full member

Activity: 462

Merit: 100

Quote from: TIDOVEE on February 04, 2019, 08:28:38 AM

Sincerely, it is not so easy with this long time dump/bear market. Long awaiting promises weakens the heart. I hope guys have learnt their lessons like when next the bull run appears you take the best opportunity and invest for the raining day. What's your lesson too?

I learned that Im Getting Greedy on the price that i sell my bitcoin earlier to invest on other coins. and Holding to much that expecting the price will be higher to get more profit, Focusing on one coin.

Ill Do next time is to sell my bitcoin when the price give me profit and invest to other cryptocurrency to get atleast a profit to other coin while waiting.

harizen

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For support ➡️ help.bc.game

Quote from: TIDOVEE on February 04, 2019, 08:28:38 AM

Sincerely, it is not so easy with this long time dump/bear market. Long awaiting promises weakens the heart. I hope guys have learnt their lessons like when next the bull run appears you take the best opportunity and invest for the raining day. What's your lesson too?

With the long term period of so-called "bearish trend" people should now realized how risky putting money on crypto is. This should served as wake up call for those 2017 peeps who believes that earning decent money in crypto is an overnight scheme.

Back in the wonderful day of bitcoin price establishing new ATH day by day, no one knows what will happen next that's why we have seen lots of people take the ride by purchasing bitcoin at any price. Generally, nothing wrong with that "AS LONG" as they know what they are doing and truly understand all the risks associated with it.

But remember that the bearish trend also turned out to be a good situation. Some people now able to analyzed a good strategy out of this trend and not just will rely on thinking that "everything must goes up". Also, lots of altcoins showed how weak their resistance is and in the end they turned out just a product of hype with no good foundation at all.

Just remember that a certain trend will surely end no matter what. Just continue our usual way of accumulating bitcoin.

arpon11

sr. member

Activity: 882

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Quote from: TIDOVEE on February 04, 2019, 08:28:38 AM

Sincerely, it is not so easy with this long time dump/bear market. Long awaiting promises weakens the heart. I hope guys have learnt their lessons like when next the bull run appears you take the best opportunity and invest for the raining day. What's your lesson too?

Many new investors were cut off at January last year and most people and investors are still holding because they couldn't believe their eyes that it is possible bitcoin could fall this low. I think we are at times when we should really learn lessons from all that has happened as this is the longest bearish trend that has been witnessed in the history of bitcoin and few people see that coming. I think we are in a bad condition and we should really learn from this. I have many people that I encourage and buy bitcoin above $10,000 and uptill now they are still holding. I have made up my mind to sell early if we would have another bullish market again.

posi

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Vave.com - Crypto Casino

Quote from: Upgate on February 04, 2019, 09:56:55 AM

Why don't you tell us what to invest in during the bull run or do you mean take advantage of it by selling off.
Beside investing in the bull run means you buy it at high prices and when the bear market comes things goes bad

With your rank, I believe you ought to have know that investing during the bull run market(which you mean to be during ATH) are not a wise decision but this method are only good for day traders and day trading for those that know the inside out of crypto currency investment. However, the best thing to do during bear or bull market to accumulate the right coin and patiently wait.

izanagi narukami

legendary

Activity: 2030

Merit: 1028

At this time, all I can do is wait.
Personally I'm an investor so I'm usually analyze for long term and the TA shows downtrending until now !

Maybe this is what we called The Market revealing itself !

Daniel91

legendary

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Merit: 1824

Quote from: TIDOVEE on February 04, 2019, 08:28:38 AM

Sincerely, it is not so easy with this long time dump/bear market. Long awaiting promises weakens the heart. I hope guys have learnt their lessons like when next the bull run appears you take the best opportunity and invest for the raining day. What's your lesson too?

In fact, I made several mistakes here.
First, I didn't sell when price was high.
Even worse, I exchanged part of my btc to some other coins.
I also spend some btc when price was low.
To many mistakes but what I can do now?
Just wait, hold and hope the best.
Next time I will be smarter.
Just, I'm worried if will be next time.

Upgate

member

Activity: 560

Merit: 14

Why don't you tell us what to invest in during the bull run or do you mean take advantage of it by selling off.
Beside investing in the bull run means you buy it at high prices and when the bear market comes things goes bad

ThirdPrize2

jr. member

Activity: 79

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Only invest what you can afford to lose.

BTC4theFUTURE

newbie

Activity: 14

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I learnt that I had to decide if I was a trader or investor. Didn't do a very well trying to do both.

TIDOVEE

sr. member

Activity: 1246

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Sincerely, it is not so easy with this long time dump/bear market. Long awaiting promises weakens the heart. I hope guys have learnt their lessons like when next the bull run appears you take the best opportunity and invest for the raining day. What's your lesson too?

Topic: Lesson from the prolonged bear market - page 7. (Read 905 times)