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Topic: LESSONS FROM CRYPTO MARKET - page 7. (Read 2447 times)

jr. member
Activity: 334
Merit: 1
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.
full member
Activity: 1246
Merit: 102
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March 15, 2019, 02:12:05 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
member
Activity: 574
Merit: 10
March 15, 2019, 02:00:31 AM
I got a great experience. I saw how people buy bitcoin is very expensive and then sell is very cheap. Then they leave the market with a broken heart.
full member
Activity: 546
Merit: 100
March 15, 2019, 01:11:38 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.
sr. member
Activity: 756
Merit: 250
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
member
Activity: 531
Merit: 10
March 14, 2019, 09:03:32 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?

That's basically what happened to me last 2017. I'm at 50% profit from my altcoins and I expected that it will grow more but in the end the value slides down. But I learned my lesson. I'm always setting now a target profit for me for every investment that I'll take.
jr. member
Activity: 81
Merit: 1
March 05, 2019, 04:41:01 PM
I think, It seems to me that one of the biggest fears in the crypto market is the fear of losing all savings, remaining in debt and becoming a beggar. And it is precisely this fear that often prevents reasonable decisions from being made.   Sometimes we can also do a lot of loss by  the HODL.
hero member
Activity: 1358
Merit: 509
March 05, 2019, 04:22:47 PM
The lessons from the Crypto market taught me not to be greedy in taking advantage, because greed was the beginning of defeat in the world of Crypto trading, I had experienced it myself. so I want to learn not to get greedy from the Crypto market.
I also learned that avoid being greedy because in that way I can grab all the opportunity to earn a profit and helping me to avoid setting a higher goals on which can give me a big loss when I expected on it.
That’s right being greedy is really not good thing because I have seen allot of people suffering only because of their greedy nature and foolish decision taking habit so I learned not to take any decision without research and not to be greedy for miner profit even when my future is really safe with something called patience, so I learnt having patience in any situation.
Patience helps to see the clear picture without dust and additional painting on charts. Greedy people always want money from the market and they simply don't care about the development of the project. Maybe, that's the reason why coin prices are dumped after listing on exchanges.
full member
Activity: 1008
Merit: 101
March 05, 2019, 04:10:40 PM
The lessons from the Crypto market taught me not to be greedy in taking advantage, because greed was the beginning of defeat in the world of Crypto trading, I had experienced it myself. so I want to learn not to get greedy from the Crypto market.
I also learned that avoid being greedy because in that way I can grab all the opportunity to earn a profit and helping me to avoid setting a higher goals on which can give me a big loss when I expected on it.
That’s right being greedy is really not good thing because I have seen allot of people suffering only because of their greedy nature and foolish decision taking habit so I learned not to take any decision without research and not to be greedy for miner profit even when my future is really safe with something called patience, so I learnt having patience in any situation.
sr. member
Activity: 994
Merit: 302
March 05, 2019, 04:12:07 AM
I'm curious OP, did you managed to sell anything before it plunged? May sound mean, but these people losing money is where hodlers get their money from.

We like to think trading is an emotionless task but really, it's hard to not be emotional about money. It takes discipline to say "Okay, I've already achieved my set amount of profit and would exit now" when you see it climbing higher and higher.
hero member
Activity: 2464
Merit: 550
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March 05, 2019, 03:53:57 AM
yeah that's a good example, sometimes many people want to be rich in a short time, and make them greedy and in the end they regret that asset prices go down and they are scared, so basically don't get too high expectations. but they must be patient and accept if they get a little profit.

If you are a beginner maybe you will do the same thing to make all your coins into money that you can sell to buy everything you have and regret seeing the price of coins you sell is higher than what you have done.
but now very few coin movements have good price movements, there are so many coin prices that are very cheap now, maybe later when the price of bitcoin has recovered the price can be expensive and you can use it to seek profits from price movements on the exchange .
full member
Activity: 686
Merit: 100
March 05, 2019, 01:13:16 AM
one of the most important lessons for the crypto market is nt to invest at the time of fomo investing in fomo will put us in long term holding because of the price pump




If you invest in the bear market it will be ideal choice of yours for the high return as in future it will grow and continue doing that which will lead to good money making opportunity and also can help you build a good portfolio for yourself and retire rich.


Some people will think of buying at a lower price because maybe the price will be worse and not yet reached the lowest price to buy. You should wait for some time to see the very falling prices that you can buy and make a profit again.
full member
Activity: 812
Merit: 142
March 05, 2019, 12:58:24 AM
one of the most important lessons for the crypto market is nt to invest at the time of fomo investing in fomo will put us in long term holding because of the price pump




If you invest in the bear market it will be ideal choice of yours for the high return as in future it will grow and continue doing that which will lead to good money making opportunity and also can help you build a good portfolio for yourself and retire rich.
hero member
Activity: 798
Merit: 527
March 05, 2019, 12:11:20 AM
i dont think that lessons are so useful in crypto market. because i know that the experienced traders couldnt earn enough money during last bullish because of their bad experiences. but some newbies could make very good money.
Nah, the lesson you learn matters a lot in crypto.
Fear was one of the reasons I missed out a bit from the last bull run.

I was so afraid I decided to quit and by the time I realized what was happening it was late and the price of Bitcoin was already getting high and by the time decide to invest out of FOMO, the price started going down.

I learnt my lesson from that and I’m not going to make the same mistake anymore.
full member
Activity: 602
Merit: 100
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March 04, 2019, 10:55:41 PM
in the crypto industry, we must be the most greedy person to buy all assets when prices still fall, after that hodl to wait for prices to rise and gain a bigger profit.
Buying when the price fall is good, but being greedy is bad.
We will never get the success if we have that greed inside, crypto has huge potential but it's very unpredictable in terms of price movement, so even
if we buy at a low price and will find a good timing to sell, but if we are greedy, we might not be able to sell it at a good price.

We have to play smart in this market, play with our mind all the time, emotion are just some distraction in this venture.

Indeed, we must be good at reading the market situation so that we can take what can provide benefits. Fear prevents forward thinking and greed makes us lose money if it's not right. Good emotions can make our motivation to continue to take advantage of the red market and emotions that make us lose, just throw it away and it will be detrimental. Quite calm and positive thinking that gives us the opportunity to move forward.
hero member
Activity: 2856
Merit: 667
March 04, 2019, 10:05:21 PM
in the crypto industry, we must be the most greedy person to buy all assets when prices still fall, after that hodl to wait for prices to rise and gain a bigger profit.
Buying when the price fall is good, but being greedy is bad.
We will never get the success if we have that greed inside, crypto has huge potential but it's very unpredictable in terms of price movement, so even
if we buy at a low price and will find a good timing to sell, but if we are greedy, we might not be able to sell it at a good price.

We have to play smart in this market, play with our mind all the time, emotion are just some distraction in this venture.
jr. member
Activity: 490
Merit: 2
March 04, 2019, 08:49:01 PM
in the crypto industry, we must be the most greedy person to buy all assets when prices still fall, after that hodl to wait for prices to rise and gain a bigger profit.
member
Activity: 672
Merit: 14
March 04, 2019, 08:02:25 PM
Of course, it is always good to set goals for every investment made on crypto. This will serve as a guide to when to sell and when to buy more. However, the major lessons every investor must know is about "patience." The crypto market is not always a one way movement. There are times the prices go up and times when the prices go down. When the prices go down, patience is required to hold the coins till it begins to rise again - panic selling only deteriorate the market situation.
full member
Activity: 504
Merit: 100
March 04, 2019, 07:53:30 PM
yeah that's a good example, sometimes many people want to be rich in a short time, and make them greedy and in the end they regret that asset prices go down and they are scared, so basically don't get too high expectations. but they must be patient and accept if they get a little profit.
sr. member
Activity: 994
Merit: 256
March 04, 2019, 01:40:20 PM
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?
You are 100% very correct in this matter.
I myself experienced it many times, it was very difficult to get rid of greed in the crypto world I thought.
we are always made to want to always get more and more.
But I am sure you have learnt about controlling our greed with bitcoin market because it will give you many opportunities so you will not have to rush for selling, I learnt many things from market, I got experience I got to know how we can have patience and increase our profit, and market taught me waiting is best investment ever.
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