Lessons from crypto in 2018 - page 4.

Leo

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Trident Protocol | Simple «buy-hold-earn» system!

Quote from: FlyingDrozd on July 23, 2019, 05:36:38 AM

Quote from: Cryptomilz on December 10, 2018, 06:29:57 AM

What valuable lesson(s) have you learnt from the crypto space in 2018 and how is it going to shape your involvement in the space going forward? Looking forward to your responses, hoping one or two persons learn a thing or two from them.

Lessons I learnt in 2018:

1. Be patient.
2. Admit your mistakes and learn from them.
3. Don't forget about stop loss!
4. Don't be afraid to lose money, it's an experience.
5. Due diligence is extremely important.

you forgot to add this, "always take profits " this goes a long way back then, because lots of tokens were pumping very well then, so those who still decided to hold for a long term had their selves to blame at the long run

TheICE007

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tozex.io

Nice question, I have really learnt enough in this space, going by the happenings now, I know I really messed up back then but now I have learnt to be Patience especially when a potential coin I have is dipping, I don't need to sell at a loss because it will surely come back up, also I learnt not to be greedy, when I see a little profit, I take but back then I would want the profit to keep increasing in percentage only for me to see it back at a loss. Also I learnt not to buy coins because others are buying it instead I do some research to know if it is worth it.

sentoy

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we judge from 2018 about how to participate in a project that is in the way of getting money from the sacrifice that is followed. and valuable lessons from crypto are reminiscent of the virtual world that generates money, and how we deepen the significance of that money is very valuable in a sale and purchase, and the other for that we take the wisdom, which we both take and the bad we throw away.

BennyK

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One major thing I've learned from the long bear market of 2018 is that irrespective of how long and severe the bear market may present itself, cryptocurrency market has got the capabilities to recover and rise again as witnessed in 2019 especially in the Q2. This means that it is always good to utilize the advantages of the bear market by buying more of the valuable coins and wait patiently for the market to rise.

goigiacmove

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Quote from: ^BuTcH^ on July 26, 2019, 09:04:02 AM

I learn lessons almost every day. new things are appearing in crypto. IEOs are appeared this year, so this is also a lesson for me. I think later something new will appear.
I am positive about education and getting experience. That's why I am ready to accept risks and invest in something new exploring new crypto opportunities

I can not disagree with you at all. There are new projects born every day, there are new hot trends pop up over time, and there are projects turn into scam or dead every day too. IEOs is the latest hot trend in crypto, and we should take advantage of that trend in order to enrich our portfolio as much as possible. However, it will not last for too long, and we should make note in front of our computers or any kind of alarming messages, that all help us to remember do exits at the right time when the trend of IEOs cools down and comes to the end.

^BuTcH^

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Moni

I learn lessons almost every day. new things are appearing in crypto. IEOs are appeared this year, so this is also a lesson for me. I think later something new will appear.
I am positive about education and getting experience. That's why I am ready to accept risks and invest in something new exploring new crypto opportunities

goigiacmove

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Quote from: hisuka on July 26, 2019, 08:27:19 AM

This is the most we learned from crypto that we cannot predict price. The project we thought can survive in the market somehow did not sustain it’s price and become worthless. We have to understand that prices are unpredictable and we should learn from our past failure.

Predictions and investors whom totally depend on predictions are gamblers. They should not be called as investors, because real investors always have plans in case their original plans fail. They will have plan to cut loss and have plans to do DCA, and other things. From what happened in crypto 2018, the key thing should be remembered is holders will survive during terrible market.

hisuka

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Quote from: killat on July 26, 2019, 12:20:29 AM

Main lesson I learned is to never trust people stating they can predict the price in crypto.

I would say it would be really hard to base crypto projections by technical analysis and price movement data alone, but adding sentiment and news can probably help a lot.

This is the most we learned from crypto that we cannot predict price. The project we thought can survive in the market somehow did not sustain it’s price and become worthless. We have to understand that prices are unpredictable and we should learn from our past failure.

btcmegastar

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Activity: 700

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Quote from: ?? on ??

Quote from: Cryptomilz on December 10, 2018, 06:29:57 AM

What valuable lesson(s) have you learnt from the crypto space in 2018 and how is it going to shape your involvement in the space going forward? Looking forward to your responses, hoping one or two persons learn a thing or two from them.

I think that thing will not stable in Crypto field that's why there's is not decide the values we need to understand the current situation and made the decision based on your own opinion that will helpful for you to stay here at least some more time.

Yes, we should always learn from our previous mistakes, during the last bull run many people made a lot of mistakes and the same thing happened in the year 2018. Now the market situation seems to be bullish so we shouldn't repeat the same the mistakes in this year.

Insomnia family

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Quote from: ?? on ??

from 2018, I learned that when there is an opportunity in front of your eyes, then take it, because there is a high chance that it will not happen again, and be grateful for what you get. besides, I also learned how to research a project, so that I could avoid scams. it's a great year.

yes it's a very valuable lesson, if we see an opportunity, of course we immediately take it, do not delay too long because the opportunity does not come twice. but it's true that in 2018 there were many valuable lessons we could take such as exploiting the market situation by buying coins at low prices, then many ico project cases ended in fraud and now we can avoid that by switching to the IEO project.

Rikotin

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A very important lesson for me in 2018 is experience in trade and also investment. I made that experience better the next day.

killat

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Be the reason someone smiles today

Main lesson I learned is to never trust people stating they can predict the price in crypto.

I would say it would be really hard to base crypto projections by technical analysis and price movement data alone, but adding sentiment and news can probably help a lot.

Russlenat

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Quote from: mattadc on July 25, 2019, 12:56:54 PM

Quote from: Stanlo on July 25, 2019, 12:52:51 PM

Build your portfolios in bear market you will have higher quantity of coins and tokens in your wallet and don't invest in bitcoin while the price is high,i know many buy bitcoin at 19k and till today still waiting for when btc price will be over 19k

Very few people still keep Bitcoin, which was bought at 19k$, but still it is a lesson for many people that you do not need to buy coins at high prices

How can you know? the number of people does not always mean the size of bitcoin they are holding, and we know it's the volume of our holding that matters, so 10 person can hold 50% of the total supply, and that is good for crypto, it won't dump.

mattadc

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Quote from: Stanlo on July 25, 2019, 12:52:51 PM

Build your portfolios in bear market you will have higher quantity of coins and tokens in your wallet and don't invest in bitcoin while the price is high,i know many buy bitcoin at 19k and till today still waiting for when btc price will be over 19k

Very few people still keep Bitcoin, which was bought at 19k$, but still it is a lesson for many people that you do not need to buy coins at high prices

Stanlo

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Build your portfolios in bear market you will have higher quantity of coins and tokens in your wallet and don't invest in bitcoin while the price is high,i know many buy bitcoin at 19k and till today still waiting for when btc price will be over 19k

Karlinz

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Activity: 280

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One of the things I have learnt is never to be too emotional about any coin or be too expectant, no matter how seemingly good a market situation is, one should not stay in it for too long, always have an entry and exit plan at any point in time. Holding altcoins can be disastrous in bear season, fiat is the best once the bear is identified.

iphmp159

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Activity: 118

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Quote from: ?? on ??

It must be very difficult to look into the past that is very different from the current Crypto situation, there must be many lessons that we can get to get better. At the beginning of 2018 the Crypto market was classified as stable but on the contrary at the end of 2018 the market experienced a severe decline (Bearish) until now it has not fully recovered. It might be better to look ahead and rearrange well what we have to do in the face of any situation.

If we look back the year of 2018, crypto market was terrible for the whole year long. I agreed that early months (the first two quarters) of 2018 were not too bad period, but when bitcoin lost its supports around $6,000, whole things in crypto turn into worse situation, that we all did not expect at the start of 2018. Fortunately, it all went away, and we all survived well by now with some lessons learned. One of them: never expect too much, and never solely think about positive scenario.

Miy Monk

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My bad luck I didn't learn anything from 2018 because I give up work and stopped participate. I being tired to check scam project.

MCDev

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Quote from: bitladen on July 23, 2019, 04:55:58 AM

Quote from: zzortyx on July 23, 2019, 04:50:04 AM

Now many are afraid of the repetition of 2018 so the market has grown quite cautiously..this is primarily true of altcoins. No one wants to lose much again.

I agree, now many people want fast growth, but they are afraid to buy a lot and at once, so as not to wait for years of market growth again

And with that thought of them. It will make the market impossible to increase, because no one dares to buy and hold. They will sell all when prices rise by 10-20%, it is difficult for us to see altcoin growing like 2017.

fzatni

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Quote from: Cryptomilz on December 10, 2018, 06:29:57 AM

What valuable lesson(s) have you learnt from the crypto space in 2018 and how is it going to shape your involvement in the space going forward? Looking forward to your responses, hoping one or two persons learn a thing or two from them.

2018 error is actually not from bounty hunter participation but from the project itself because starting from the ICO scammer happens in every project and destroys investor confidence until the end of 2018 all the new scammer effects feel that the new project is empty of investors, bounty hunters are looking for other jobs

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