LESSONS FROM CRYPTO MARKET - page 6.

Tungsten-1

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Quote from: CandyIzDelicious on March 25, 2019, 06:01:15 AM

Quote from: dark08 on March 25, 2019, 03:43:08 AM

I almost 3years in cryptoworld and I learned first dont be greediness because being greedy is not applicable in cryptoworld, second always secured your profit if theres a profit then take it, then set a risk management before doing trading this is important for every trader.

I do what you say but sometimes I buy when the market is high, so I lose money
from this experience I learned to invest 1-2 years
and my results got a big advantage from XRP Cheesy

It is good to enter when the price is not very high, lose of money is about buying at high price because people buys to earn profit, so it is very important to buy on right time, according to my experience we will wait after once buying so the main thing I got to know and I learnt from market is patience and values of our investments.

barota

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do not buy new crypto buy only bitcoin if you want make profit
look to thousand of new coins scam created everyday . and every exchgange creat too new scam coin everytime
and most coin of icos scam too
bitcoin will rise alone like end 2017

CandyIzDelicious

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Quote from: dark08 on March 25, 2019, 03:43:08 AM

I almost 3years in cryptoworld and I learned first dont be greediness because being greedy is not applicable in cryptoworld, second always secured your profit if theres a profit then take it, then set a risk management before doing trading this is important for every trader.

I do what you say but sometimes I buy when the market is high, so I lose money
from this experience I learned to invest 1-2 years
and my results got a big advantage from XRP Cheesy

tadpole_bitfrog

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Activity: 464

Merit: 10

Quote from: thinhthai on January 22, 2019, 02:37:41 AM

After a year, a lot of lessons that we did learn. There are 2 precious things that I think I should remember:

+ Fear
+ Greed

I learned that from my teacher, he said when you buy Bitcoin at 10k, it's then $12k your greed rises inside you and you don't want to take profit and expect more. Then, the downtrend is coming, BTC goes down to $8k, you'll be scared to cut loss, and what'll happen, you lose more while BTC drops to $4k.

So, we need to set up your expected profit point as well as the stoploss point.

How about you, what is your lesson?

right. I made the same mistake many times a month.
For example, I have determined my buying point will be at 14 but when its price has fallen to that level, I don't buy it and hesitate. Now its price has risen to 26 and that's the worst.
I kept repeating the same mistake many times. I think we should have a private investment fund and respect our decision. that will help us be more assertive.

pishite

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I also lost some coins because of my greed, stopped watching them. There was a chance to sell, but no, I wanted to get more, and now these coins are not traded anywhere. I advise everyone to follow the coins (tokens) otherwise you can stay with a minus .

dark08

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I almost 3years in cryptoworld and I learned first dont be greediness because being greedy is not applicable in cryptoworld, second always secured your profit if theres a profit then take it, then set a risk management before doing trading this is important for every trader.

sergiokkl

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Same lesson with you, i really loss a lot of money in rebel token. My greed brings nothing to me, waiting and waiting to earn more profit until the days comes market goes crash and i cant sell the token right away. Then now no profit at all, this is my unforgotten memory, i really did learn that dont push more profit. Sell when pump and buy when dump. Dont just sit like statue, open eyes whenever need to sell and buy

Duzter

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Leading Crypto Sports Betting & Casino Platform

Missing the ath is the one that I've earned out of cryptocurrency market. By the time of bitcoin reaching its value I had a good volume of holdings and out of greed I began to keep hold of the assets. Soon after the same price began to fall low and my portfolio value began to decline as more and more assets started to fell low following bitcoin.

Best Dreams

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Quote from: imstillthebest on March 24, 2019, 04:50:29 AM

Quote from: Sum24 on March 21, 2019, 02:14:45 PM

Quote from: breathlessz on March 19, 2019, 11:05:31 PM

Quote from: DAVETUN on March 19, 2019, 05:21:40 PM

I learnt not to expect the bull run to last forever, also I now ensure I take profit and allow some of the capital to keep runing , Do not be in a hurry to invest base on rumour but base on fact.

besides being based on facts, we must have personal analysis, and must be carried out consistently, so that by having confidence, we can certainly improve the mistakes that have been made

I learnt too how to take advantage of your mistake by gaining experience, market taught me too much it told me not time is permanent so little patience and avoid panic selling for being worry can give me huge profit later, I improves my patience and I got to how to invest profitably at red and sell at green, time made me good investor.

Time heals as they say so yes . time can help us to become good . but anyway what i learn from the crypto market is always do your best , i mean work hard at all times so that you will earn a good income because not all times the market can experience a good value because most of the times the market is in dump . we must not waste time because at the end of the day we are the ones that are going to regret because we didnt give our best shot .

I got allot of lessons form market, as I got to know market will be good so I am learn about having patience, market teaches us many things, it teachers us to work well, to fight even if you are not sure about profit, so if today price is low we can buy we can invest at affordable price, spending time in market taught me how to become an expert trader, investors.

imstillthebest

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Quote from: Sum24 on March 21, 2019, 02:14:45 PM

Quote from: breathlessz on March 19, 2019, 11:05:31 PM

Quote from: DAVETUN on March 19, 2019, 05:21:40 PM

I learnt not to expect the bull run to last forever, also I now ensure I take profit and allow some of the capital to keep runing , Do not be in a hurry to invest base on rumour but base on fact.

besides being based on facts, we must have personal analysis, and must be carried out consistently, so that by having confidence, we can certainly improve the mistakes that have been made

I learnt too how to take advantage of your mistake by gaining experience, market taught me too much it told me not time is permanent so little patience and avoid panic selling for being worry can give me huge profit later, I improves my patience and I got to how to invest profitably at red and sell at green, time made me good investor.

Time heals as they say so yes . time can help us to become good . but anyway what i learn from the crypto market is always do your best , i mean work hard at all times so that you will earn a good income because not all times the market can experience a good value because most of the times the market is in dump . we must not waste time because at the end of the day we are the ones that are going to regret because we didnt give our best shot .

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: DAVETUN on March 19, 2019, 05:21:40 PM

I learnt not to expect the bull run to last forever, also I now ensure I take profit and allow some of the capital to keep runing , Do not be in a hurry to invest base on rumour but base on fact.

The bull run that everyone kept talking about was due to speculation and manipulation pumping up the price. Let it be a lesson for you to book your profit and cash it out when the price rises and not become euphoric and keep holding during that time. You can always buy back with the fiat equivalent once the price drops again and drop will happen since whatever goes around has to come around. This is pretty evident today when market has slumped back to 4k from that 20k and I am sure whales are filling up their pockets at this price after they dumped it big.

Rumors will happen but you have to learn to turn a dead ear to those.

Sum24

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Quote from: breathlessz on March 19, 2019, 11:05:31 PM

Quote from: DAVETUN on March 19, 2019, 05:21:40 PM

I learnt not to expect the bull run to last forever, also I now ensure I take profit and allow some of the capital to keep runing , Do not be in a hurry to invest base on rumour but base on fact.

besides being based on facts, we must have personal analysis, and must be carried out consistently, so that by having confidence, we can certainly improve the mistakes that have been made

I learnt too how to take advantage of your mistake by gaining experience, market taught me too much it told me not time is permanent so little patience and avoid panic selling for being worry can give me huge profit later, I improves my patience and I got to how to invest profitably at red and sell at green, time made me good investor.

breathlessz

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Trphy.io

Quote from: DAVETUN on March 19, 2019, 05:21:40 PM

I learnt not to expect the bull run to last forever, also I now ensure I take profit and allow some of the capital to keep runing , Do not be in a hurry to invest base on rumour but base on fact.

besides being based on facts, we must have personal analysis, and must be carried out consistently, so that by having confidence, we can certainly improve the mistakes that have been made

reality18

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Earn more with Earn Network

One of the key lessons every investor must also know is patience. The crypto market is never a one way trend, hence there are periods for the bulls and periods for the bears. During the bear market times, patience is very essential to hold the valuable coins and wait for the next bull.
Another lesson is to read more and do personal research before making every investment. This aspect is very necessary because not all the coins on the market are worth investing in at a point in time.

DAVETUN

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Bitcoin is the currency of this age

I learnt not to expect the bull run to last forever, also I now ensure I take profit and allow some of the capital to keep runing , Do not be in a hurry to invest base on rumour but base on fact.

waynechong1995

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swing!

Yeah pretty much thats is if you look simply on market ups and downs, many lucks are involved if you aren't full time technical or trends analysis that know how the market goes EVERYDAY, greed is pretty much basic on individuals, i believe less than 20% person are genuinely passionate in bitcoins without caring about the prices, cryptomarket is a bleeding ground for those without any preparations, i learned to cut my loss cause its my decision when it set it, it helps me get bck confidences to refactor my mistakes with the price of selling lesser, earlier at least

demonz666

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Quote from: thinhthai on January 22, 2019, 02:37:41 AM

After a year, a lot of lessons that we did learn. There are 2 precious things that I think I should remember:

+ Fear
+ Greed

I learned that from my teacher, he said when you buy Bitcoin at 10k, it's then $12k your greed rises inside you and you don't want to take profit and expect more. Then, the downtrend is coming, BTC goes down to $8k, you'll be scared to cut loss, and what'll happen, you lose more while BTC drops to $4k.

So, we need to set up your expected profit point as well as the stoploss point.

How about you, what is your lesson?

yes your teacher is right we should not be greedy in investing in bitcoin. because if we are greedy we won't get anything. so when my $ 10k bitcoin price is bought and then rises to $ 12k I will sell and take a profit of $ 2k. then I will invest $ 10k again. it's better to get profit even a little than greedy but not get anything. greed makes us always expect prices to rise higher. while cryptocurrency is very volatile it cannot be predicted.

btcmegastar

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Quote from: Botnake on March 16, 2019, 12:49:51 AM

Quote from: Idoe on March 15, 2019, 02:20:03 AM

Grateful and patient must be done, but when you see the profit in front of your eyes, it will be used, but without us realizing it turns out that a good opportunity is still running. These events sometimes make us rush in making decisions, but with one experience, it will certainly be more patient in making decisions.

Being patient should lead you to a good profit, but even if you are patient enough but greediness is inside you, it's hard to be profitable.
The market is volatile, price goes up and down, so without making decision at a good timing, you should not succeed here.

Exactly, you are right we are going to lose a lot of money if we lose the patience, once we sell them coins the price of the coin will start increasing and this makes us loose confidence in our technical analysis. Once after realising we shouldn't follow the previous rules for making money, in trading we need to follow different according to the situation of the market.

Botnake

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Quote from: Idoe on March 15, 2019, 02:20:03 AM

Grateful and patient must be done, but when you see the profit in front of your eyes, it will be used, but without us realizing it turns out that a good opportunity is still running. These events sometimes make us rush in making decisions, but with one experience, it will certainly be more patient in making decisions.

Being patient should lead you to a good profit, but even if you are patient enough but greediness is inside you, it's hard to be profitable.
The market is volatile, price goes up and down, so without making decision at a good timing, you should not succeed here.

syamster

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Quote from: fauzan Ichsan on March 15, 2019, 02:12:05 AM

Quote from: mangsitin on March 15, 2019, 01:11:38 AM

Quote from: devinks on March 14, 2019, 10:32:59 AM

if for the lessons from the market last year until now there are a lot of things such as exercising great patience and practicing our emotions too, because if we can control both of these traits then many people get a loss from there profit

True, I realize that failure in the Crypto market is a valuable lesson for the future, because they all can train our level of intelligence to return to trading, so that we will be more thorough and always grateful.

right, grateful to get what we have targeted. here can train us to be far from greed, because greed will lead us to poverty. indeed to regulate greed requires a different processing time for each person

For me greed is just curse, I really think so that being greedy is our weakness and to be a good trader or investor it is important not to be greedy, taking tension and being worry will not give anything but only pressure, those who become frustrated or greedy and sell their investment at panic surely lose and become poor so avoid all negative things.

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