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Topic: Lessons from the fullest dip - page 12. (Read 2604 times)

full member
Activity: 588
Merit: 101
December 10, 2018, 06:28:06 PM
I like this topic, trying to take the positive side of a bad situation. I also learned many things from this, especially in terms of managing emotions, most of the potential altcoins that I got from bounty decreased in value, but there were also some that were the opposite. All risks we must understand, there is nothing to blame, we have to learn more.
hero member
Activity: 1876
Merit: 512
December 10, 2018, 05:51:21 PM
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

All your 5 points are spot on and I'm giving you a merit for these, my major mistake this year was being too loyal to some projects, this cloud my judgment and when it was clear that the bear is going to win over the bull my loyalty to these project prevented my from cashing out, I should have cashed out and get back at lower level which I didn't and now these tokens have lost more than 90% of their value
sr. member
Activity: 854
Merit: 253
l0tt0.com
December 10, 2018, 05:49:01 PM
I don't know why you advice other people to not loving a coin Smiley. You should know that there are so many guys still staying in this world or join this world just because they interested in a special coin and I think almost people in crypto world also love BTC, the king of this world Smiley. I don't think love a coin is something bad.
member
Activity: 196
Merit: 10
December 10, 2018, 05:48:21 PM
I have always thought that you have to enter this market with a cold head, of course it is difficult not to stick to something when you see its development for months, sometimes I've lost money like that, but you can not do much when a currency is not progressing, or you know it reached its peak in the market.
member
Activity: 322
Merit: 17
December 10, 2018, 05:47:12 PM
These are basic rules for working in any market
You know my friend that experience is gained with practice
Unfortunately, its price is a lot of money
But no problem, this is the market.
hero member
Activity: 2996
Merit: 609
December 10, 2018, 05:43:20 PM
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.

We all make mistakes and that mistakes will be the lesson in our life to never do it again or else history repeat itself. That's why change is a constant thing in this world. No matter where you are good at everything will always teach you something that you didn't know. That's why we should always keep that in mind life has always two sides the up and down and that life would be called as "bitcoin". lol
copper member
Activity: 392
Merit: 1
Change Your Worlds Build a New Era!
December 10, 2018, 05:18:20 PM
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.
full member
Activity: 896
Merit: 103
December 09, 2018, 01:02:32 PM
author is right absolutely, BUT I am sure that if situation will back to January 2018 - people will start do the same mistakes))
member
Activity: 406
Merit: 11
December 09, 2018, 09:16:52 AM
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

Greediness can make you lose and sometimes it make you rich. The thing is you should increase your knowledge and make the right decision.
sr. member
Activity: 588
Merit: 250
December 08, 2018, 03:08:38 AM
Don't be too greedy and also don't be so expect hype. When too greedy and expect great results then it will only bring down the wrong path in taking decisions. Besides the hype may also be well followed but not all good because it could backfire and give bad results in losses.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
December 08, 2018, 03:00:18 AM
these lessons are difficult to learn because the price of this cryptocurrency will not be known if the price movements will go up or down so you should avoid the hype and not be greedy.
member
Activity: 442
Merit: 10
December 08, 2018, 02:37:06 AM
There are too many lessons in the cryptocurrency pain. Novices usually need professionals to provide the right knowledge. Otherwise, the novice can only buy bitcoin when entering the cryptocurrency. Other coins are very risky for novices.
full member
Activity: 571
Merit: 100
December 07, 2018, 04:16:33 PM
The essence of the lesson for many now is to sell their coins is not a minus, but unfortunately most people who want to sell their coins now, will sell them at a loss.
member
Activity: 350
Merit: 11
December 07, 2018, 03:15:13 PM
The best lessons that I have seen from this dip is the fact that you have to be ready for anything when it comes to the cryptocurrency industry as the coins can drop at anytime and there is nothing that anyone can do about it. Also it has thought me that you have to know when it is time to actually cut your losses and get out of the market
sr. member
Activity: 1918
Merit: 370
December 05, 2018, 10:55:07 PM
#99
Im a long term player, i should love my coins, thats why im still hoding even dip is too painful to see, i even deposit money to buy more in last 4days Smiley

I agree it is good to love your coins and even better to hodl it
But if you sold bitcoin at 6500$ after noticing the dumps,
Then you bought back at 4500$, that’s immense profit already from your initial capital

But everyone has their opinion though
   

    Yes, market drops tell us everything to learn the market of crypto investment, we may loss some and we gain some.. one should always note that, in every investment have some degree of risk factors involved. it us or every investor responsibility on how we manage the crypto market. Patient and timing on investment are the key factors should be consider. one should always take the opportunity when it comes. take the profit, then invest with good coins fundamentats. 
sr. member
Activity: 700
Merit: 250
December 05, 2018, 10:53:50 PM
#98
too avaricious and greedy is giving a lot of bad things. so maybe this kind of thing is indeed at least can be used as lessons for the result of a better future crypto later. do not pursue the ambition and always mainstreaming analysis for better results on crypto.
copper member
Activity: 112
Merit: 0
www.codex.one
December 05, 2018, 10:38:16 PM
#97
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

Basically, why would people love a coin? Coin is intended to be traded not to permanently stock and keep in our respected wallets. In the real economy, it is not good to hoard money, but to regulate it meaning to say, to trade in crypto.
copper member
Activity: 196
Merit: 0
December 05, 2018, 09:23:21 PM
#96
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

I guess following hype from the trusted people will surely benefits us, better to think what their plan is, and when you figured it out, think if you were going to support them or not. it is just based on individual preferences.
sr. member
Activity: 644
Merit: 364
In Code We Trust
December 05, 2018, 09:18:43 PM
#95
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

let me make my opinion,

1. love the coin as it is your son
2. grab the coin as if it is the last coin
3. never cash out but to buy more
4. create your own hype
5. also to know what goes down will going to punch the moon right in the face
full member
Activity: 1260
Merit: 102
December 05, 2018, 08:08:45 PM
#94
Where is it heading ? Is the dip never going to end ? I mean greed is part of the human nature so why blame it.
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