Lessons from the fullest dip - page 16.

cytpoway121

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Activity: 1540

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Quote from: ned.ryerson on November 21, 2018, 12:22:12 PM

Such a good advises for newbies. Always think about this suggests when you are trying to earn money in crypto world

I also feel this is the best advise to keep in mind when dealing with crypto currency tokens
It’s a guide but not ensentially the best of decisions

So it’s preferably not to be confused but learn from that

Adding my laws
7. Always keep an alert on your portfolio so you can avaoid missing out on any potential pumps

ned.ryerson

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Oikos.cash | Decentralized Finance on Tron

Such a good advises for newbies. Always think about this suggests when you are trying to earn money in crypto world

btc_angela

hero member

Activity: 2660

Merit: 551

Quote from: cytpoway121 on November 20, 2018, 06:11:03 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

6. To know that what goes down must come up.

So take this opportunity to accumulate more coins, I'd say just the top 5 or 10 coins and be a long term holder. The market conditions is getting worst but there's no need to dump but take advantage and be a bag holder and then wait for the bull run in 2019, just saying. No need to cry wolf now, its too late, be positive and continue to grow your portfolio in this bear market.

cryptowolfsu

member

Activity: 476

Merit: 10

Many of us will learn to be positive but in crypto we always have to be prepared for the worse case
scenario to be able for quick reaction with plan A,B,C...
Many of us will learn that hodling forever is not always working we have to trade sometimes .
Many of us will learn that it is not so easy to become rich overnight.

yinoye

full member

Activity: 532

Merit: 101

Quote from: cytpoway121 on November 20, 2018, 06:11:03 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

All right. I have leaent a lot from the market crash. The market will always be right and now's how to deal with traders

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: CuriousGeorge on November 20, 2018, 06:49:31 PM

And remember just try to prepare the fiat money to counter the bearish trend. after we can sell our portfolios in profit and it much better to save some of them to be used to buy altcoin or crypto again when the price reached the bottom floor. This can be done easily but a lot of people still forgetting it/

Buy bitcoin instead of altcoins.

People aren't forgetting it, they are focusing with other things and that is on how they can flee from the losses. We keep on telling them what to do but they already knew it. This dip surely is teaching a lot of us that don't know what do during these times.

CarnagexD

sr. member

Activity: 1498

Merit: 374

Leading Crypto Sports Betting & Casino Platform

Quote from: BADBITCH on November 20, 2018, 03:53:37 PM

Quote from: fulled on November 20, 2018, 03:43:39 PM

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

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, it maybe a good to take your no.3 advised, That's a very wise thing to do. we have a very crazy market movement now, it goes up a bit but goes dip down again, but the good news, it stabilized and i am optimistic that market correction will follow after this market down turn. Be patient and protect your investment and don't Panic....

CuriousGeorge

sr. member

Activity: 1498

Merit: 251

KUWA.ai

Quote from: cytpoway121 on November 20, 2018, 06:11:03 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

And remember just try to prepare the fiat money to counter the bearish trend. after we can sell our portfolios in profit and it much better to save some of them to be used to buy altcoin or crypto again when the price reached the bottom floor. This can be done easily but a lot of people still forgetting it/

nityans

member

Activity: 183

Merit: 10

Quote from: cytpoway121 on November 20, 2018, 06:11:03 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

Such rules are formed only on the basis of past experience, which is well understood when making mistakes. Such experience in the future will help to avoid and protect from many mistakes, but it also does not guarantee stable security from new problems in the future. The rules of the game are changing, and with them the rules of trade security are changing.
I think in the future, this list of rules can still be replenished, each based on their personal experience and the chosen strategy.

bhadz

hero member

Activity: 2520

Merit: 568

Payment Gateway Allows Recurring Payments

Quote from: cytpoway121 on November 20, 2018, 06:11:03 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

Never love bitcoin? I disagree, if its bitcoin then you should believe and love it because you know that in the future, there's a big thing that awaits it.

Quote from: cytpoway121 on November 20, 2018, 06:11:03 AM

2. Never to be greedy

This is true, I became greedy when I was able to take high profits. I wanted more so I never sold and that's why I'm wrong on that part. Don't be too greedy, take profits while you can.

Quote from: cytpoway121 on November 20, 2018, 06:11:03 AM

3. To cashout on profit always

And you can reverse this as well, buy with your profits if you see there's an opportunity.

Quote from: cytpoway121 on November 20, 2018, 06:11:03 AM

4. To stop following hype

5. To know that what goes up must come down etc

Truth.

baghdatis1990

member

Activity: 504

Merit: 14

Miracle Tele

The 5 lessons you pretend to give us are lessons that dramatize the situation of the crypto market. I do not think cryptocurrency dies. Everything has fallen to get there to get back and catch a new wave. In connection with point 5 "Knowing that what ascends must descend" is true, as is true and "what descends, must rise again." Coin charts show us this. Coin fluctuation characterizes the crypto market, and this gives a particular charm to this world of cryptocurrency. Another lesson should be that of "Do not panic! It does not help, it will make you make the wrong decisions"

Pamahaw

copper member

Activity: 269

Merit: 0

Quote from: cytpoway121 on November 20, 2018, 06:11:03 AM

2. Never to be greedy

We can't avoid this one as we are humans and the need for money is so great that is why the opportunity to be millionaire in this trade is what everybody wants. We want to be greedy to achieve that goal fast but there is no such thing as getting rich in crypto fast here.

max6575

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Vave.com

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BADBITCH

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Activity: 532

Merit: 6

Quote from: fulled on November 20, 2018, 03:43:39 PM

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

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

Mabinat

jr. member

Activity: 140

Merit: 1

I have been on the cryptocurrency market for more than 2 years and I can tell you that you always need to fix your profits, since then you can sit in the red for a very long time

fulled

full member

Activity: 644

Merit: 103

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

MainIbem

sr. member

Activity: 1316

Merit: 379

Catalog Websites

Personal interest first is what your post is all about. So many jumped into cryptos to make quick money and it is backfiring now. Yet, the technology is here to stay.
Those who held on will surely reap abundantly.

RadekG

hero member

Activity: 924

Merit: 500

Why not to love or not love a coin? After all, faith in a project is also like faith in a coin. If you do not believe in the project then why you are going to buy it?

IgorShumilo

full member

Activity: 518

Merit: 105

Even with such a large correction, I am in profit, so I do not panic and do not sell, and I advise everyone not to sell myself at a loss.
A very large infrastructure is being built for trading cryptocurrencies within the framework of the laws, you just need to be able to wait. 99 percent of all coins / tokens will not survive in the near future, but 1 percent will become huge corporations. It will be good luck if you can see these projects and buy their coins / tokens now.

Pffrt

sr. member

Activity: 1372

Merit: 322

Well, you have missed the main point. It's "Don't panic". People who will sell at a low price will buy again at a high price. So, they will definitely lose. Buying when the price is falling and the price is increasing, are definitely foolish. Buy when the price gets a huge crash.

Topic: Lessons from the fullest dip - page 16. (Read 2604 times)