Topic: Lessons from the fullest dip (Read 2626 times)
agree with points 2 and 3 . The main rule in trading or long-term investment is to buy cheap and sell high. especially at point 2 and point 3, before i invest or trade i have a target to make a profit and it proves real especially during the current bull market, but i am not greedy, sell 50% and keep the rest for long term.
Newbies dreams about becoming the next crypto whales in crypto space that's why they prefer buying cheap coins and hold for years, most times this dreams never come true, I was one of them but later I choose a different part
Newbies dreams about becoming the next crypto whales in crypto space that's why they prefer buying cheap coins and hold for years, most times this dreams never come true, I was one of them but later I choose a different part
If you want to be successful in the crypto world maybe you can invest in some coins that have good potential in the future, you can choose some for long-term investments, and some for short-term investments, that way you don't miss the opportunity to earn profits while you wait for the increase of your long term investment. 
The crash will teach alot of people a bitter lesson and they will learn from it,
they will learn the following
1. Never to love a coin
2. Never to be greedy
3. To cashout on profit always
4. To stop following hype
5. To know that what goes up must come down etc
Market crash always has a lesson to teach us, especially for the greedy people who were in huge profit but were still holding hoping so they can make more profits, one of the major lesson or fact we need to understand is that the market doesn't always go up forever, at one oint a reversal is likely to happen and sometimes and it can be really bad like in 2017, acknowledging that fact should help us know that when the market has pumped way too much then its time to take profits and wait to see the next movement rather than continue holding till the market crash. they will learn the following
1. Never to love a coin
2. Never to be greedy
3. To cashout on profit always
4. To stop following hype
5. To know that what goes up must come down etc
Sighs, you are quite right, greediness leads to great and high loss of funds, but on the other hand one can make huge money from it, what I have understood in cryptocurrency is that severity determine the magnitude of the profit or loss, but what I will just point out is that one should observe and understand the real motive of the project and team before taking any decision.
In Cryptocurrency or any other market people want to buy shares in deep position so they can get huge profit in future but problem is that nobody knows where any go in deep position. I can say if a legitimate share goes in deep position then you will definitely get entry. Eth goes 1700k two times in recent time and give double profit so it is your open choice
Nearly three years that the thread has made and it's during the bear market. And while we're on the bull market this time, we don't know how long it will stay.
So that advice is still applicable and will continually be applicable to anyone that doesn't know what to do. There's a sense with those tips so to those that are confused about what to do, read the tips which will serve you as a reminder.
So that advice is still applicable and will continually be applicable to anyone that doesn't know what to do. There's a sense with those tips so to those that are confused about what to do, read the tips which will serve you as a reminder.
It seems to me that the majority of people who have suffered great losses over the past year will not make any conclusions, after some time other people will take their place - who will also make the same mistakes as their predecessors. In this market there will be very few of those who have suffered great losses but have continued to invest or trade. Most people just went here forever.
Mental people like this are usually influenced by actions, so that it affects the next level of investment, if a big loss befalls people like this, usually they will stop and don't continue investing anymore, they will give up on the situation.
That's why the investment formula cannot be forced on what they don't know, this will create the latest risk in my study, but in terms of investment it is commonplace, there are people who go and there will come, this has become the law.
The crash will teach alot of people a bitter lesson and they will learn from it,
they will learn the following
1. Never to love a coin
2. Never to be greedy
3. To cashout on profit always
4. To stop following hype
5. To know that what goes up must come down etc
they will learn the following
1. Never to love a coin
2. Never to be greedy
3. To cashout on profit always
4. To stop following hype
5. To know that what goes up must come down etc
The bitter lessons we have experienced will be the motivation for change in the future, that's why we need to experience it, never love coins more than anything, this will not be good for us.
Greed is the biggest risk that must be removed from investment, pay close attention to the level of profit and loss of each of our investments, stop following the unclear and useless hype, make sure we know which coins are rising and falling in the market, to calculate the actions that make us loss in the future.
It seems to me that the majority of people who have suffered great losses over the past year will not make any conclusions, after some time other people will take their place - who will also make the same mistakes as their predecessors. In this market there will be very few of those who have suffered great losses but have continued to invest or trade. Most people just went here forever.
I fully agree with your points mate. We should always book our profit and shouldn't be too greedy. Once Upon I bought Juld of 138$ and hold at the 0.17$ price. When It pumps over 0.5$. My portfolio became more than 500$. but I didn't sell. Now Its value is only 20$. So I learned from this that we should book our profit.
taking profits and rebuy in several time will give us higher profits rather than if we hold it without doing anything. this is the easiest way to accumulate our token , maybe in dollar its value could decrease but when price have natural pump we got alot profits. controlling our greedy could make us have better result, maybe your case will not happen if you didnt greedy.
Extraordinary advice, remember to always take profits when you can, this market is truly unstable and unpredictable. Who might have realized that the plunge would be so awful, there are significantly more clients currently so demand should be higher
This is right, if there is opportunity to take profit when the market is going up then maybe it's the right time and the market will probably go down again.However this can also cause us to not maximize the profit we get when the market is still going up but we don't know if the market will go up or will go down in the future. That's why technical analysis of the market is needed at the time like this to see if the market will be going up or down although not accurate but can be helpful.
The crash will teach alot of people a bitter lesson and they will learn from it,
they will learn the following
1. Never to love a coin
2. Never to be greedy
3. To cashout on profit always
4. To stop following hype
5. To know that what goes up must come down etc
they will learn the following
1. Never to love a coin
2. Never to be greedy
3. To cashout on profit always
4. To stop following hype
5. To know that what goes up must come down etc
You're absolutely right. I made mistakes on all points unfortunately.
Once I had a token that I really loved, I loved the community and the project, so I didn’t sell it when it decreased by 80% or more. It was a sign for me to sell off, but I continued holding and then it was hacked.
Also we shouldn’t be greedy and fix our profit, you are right, it is better to have a small profit than to overhold.
Some of the biggest lesson that I have learnt from investing in cryptocurrency especially in the bear market is that is never expect too much and you should always be realistic in your expectations and your investment goals because prices of cryptocurrencies can dip but that doesn't necessarily mean that it will stay down forever and also when the price of cryptos are pumping it doesn't always mean that it will continue to pump for ever so it is always good to take profit when the prices are going up and also when prices down you should not panic and sell and also if there is a project that seems like it is not making progress and the team and not really serious about it it is always better to sell off your Holdings in that project and invest in more promising projects.
The crash will teach alot of people a bitter lesson and they will learn from it,
they will learn the following
1. Never to love a coin
2. Never to be greedy
3. To cashout on profit always
4. To stop following hype
5. To know that what goes up must come down etc
There are a lot more things that people learn from experiencing a crashing market. Aside from learning not to be greedy, they also learn a lot about patience. It is indeed a virtue and it offers lots of benefits as well as profit if you'll get through with perseverance. Greed might be hard to resist considering how much life has been unfair to many but one must know that it brings nothing but much more losses. If you really want to experience crypto's greatness, it would be best you start being strategic and mindful on everything you are doing so that you wouldn't regret it in the end and it will lead you to success. they will learn the following
1. Never to love a coin
2. Never to be greedy
3. To cashout on profit always
4. To stop following hype
5. To know that what goes up must come down etc
It's all true that to enter the crypto world we do have to be careful. Don't be greedy by hoping to get a quick profit because all of that takes a process. It should be noted that in addition to the benefits that can be obtained, there are also risks that can be obtained if you are not careful. That's why you shouldn't rush into making a decision because it can be risky. It is important for us to learn from experience so that we can be better in the future in following this crypto world. Don't let us enter crypto we get losses in it
You know, I think everyone who has survived this fall has made a lot of conclusions for themselves. Though go now and write your book about diving to $3k.
Don't let your greediness put in a risk because in my lesson while it was hype in market I still making profits but instead of that it bringa me to hell and having a loss as well.
Very Normal, a definite lesson, in my opinion, there is nothing instant to reach and get passive income, it takes thought and hard work to get it in a good way and each person does not want to work at bounty to end up in vain and get SC in the end.
Yes, everyone wants to seek profit in various conditions and situations, but sometimes there are those who ignore the obvious benefits because they want more even though in the end they don't get anything at the work that they have done.
To be honest, I also missed my golden opportunity at the beginning of 2018, if only I wasn't really hopeful then I would have gotten a decent profit. but it's what it's, everything has passed and we can only make it as a lesson that not always profit can be obtained by feeling greedy 
A full set dip will occur in cryptocurrencies if everything supports, such as bad news, bearish, coming, the trading indicators meet the criteria,
and of course the chart shows a bearish trend, then a fullset dip will come, and you have to prepare yourself, it would be nice if you are a trader ,
you better set stop lose.
and of course the chart shows a bearish trend, then a fullset dip will come, and you have to prepare yourself, it would be nice if you are a trader ,
you better set stop lose.
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