Topic: LESSONS FROM CRYPTO MARKET - page 7. (Read 2404 times)
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.
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.
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.
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. 
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
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?
+ 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.
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.
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. 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. 
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.+ 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?
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.
Jump to: