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Topic: Lessons from the fullest dip - page 4. (Read 2604 times)

member
Activity: 350
Merit: 10
February 07, 2019, 01:48:59 PM
I think these are useful lessons for some persons despite I don't really agree with all of them. By the way point one is funny. Does anyone fell in love with a coin?
hero member
Activity: 1218
Merit: 500
February 02, 2019, 06:28:25 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

These are top rules for all of us. Especially the thing with falling in love with a coin and being greedy
full member
Activity: 700
Merit: 100
February 02, 2019, 06:26:49 PM
I would add another advice:
Never get a loan to buy crypto currency or to trade with margin. That's what I experienced and I will never repeat these errors. Learn on my experience!
full member
Activity: 571
Merit: 100
February 02, 2019, 05:43:02 PM
I think that there is only one valuable lesson, if you see that the market goes down after a long rise, do not hesitate and sell until the price falls.
jr. member
Activity: 378
Merit: 2
February 02, 2019, 05:01:28 PM
Some of the lessons I have been able to learn in the dip and fluctuating market of year 2018 is what is helping me now.
I have also been able to learn from other people's mistakes.
There are certain things to watchout for while investing in a coin or project.
Even if you cannot discover a good project on your own, you can visit threads or other communication channels of the project to gain more understanding.
newbie
Activity: 20
Merit: 0
February 02, 2019, 04:55:07 PM
This is of course all interesting, but as we know, people do not learn from their (and even other people's) mistakes. This happens rarely. Of course you are right about greed, You need to set an end goal and no more.
full member
Activity: 448
Merit: 108
February 02, 2019, 04:51:04 PM
Yes, it's a long fall I'm sure is a lot to learn and to profit to withdraw and not to love the coin and not to be greedy. You need to have a purpose why you are investing time and withdraw your profit.
full member
Activity: 658
Merit: 100
PayAccept - Worldwide payments accepted in seconds
February 02, 2019, 04:48:51 PM
Yes, these are very useful lessons in the cryptocurrency market! The hardest lesson for me is not to be greedy, I still haven't fully learned that lesson. Grin
This is a great lesson, and it is difficult to learn it. To learn this lesson, you need to spend a lot of money and realize how stupid you are when you're greedy. I hope you won't have to spend too much to learn this great lesson.  Grin Grin
member
Activity: 574
Merit: 10
February 02, 2019, 04:46:04 PM
Yes, these are very useful lessons in the cryptocurrency market! The hardest lesson for me is not to be greedy, I still haven't fully learned that lesson. Grin
full member
Activity: 672
Merit: 100
February 02, 2019, 04:42:01 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
People are always greedy and putting on Altcoin is growing tremendously with the belief that everything will bring them benefits.
 Because of the belief in their greed, so many investors have abandoned large sums of money for this Cryptocurrency market.
full member
Activity: 616
Merit: 100
February 02, 2019, 04:39:11 PM
Fighting your own greed is a very hard job. I do it from year to year, but have not yet achieved a positive result. After all, money is never enough. Cheesy
10c
full member
Activity: 658
Merit: 100
BuyAnyLight - Blockchain LED Marketplace
February 02, 2019, 04:08:21 PM
Its a human nature they made the same mistakes again and again when it comes to greediness. I would say we all learned a bitter lesson last year but I believe we can not say its the fullest dip because market did not stable as yet. We should always follow the money management, Avoid greediness and quit the trade when you are in good profit to avoid the loss.

in such a market as now you need to quit the trade even when you earned 50 percent of the profit because now it is a very big profit
jr. member
Activity: 462
Merit: 1
February 02, 2019, 04:01:38 PM
The lesson is good, thanks for the advice and help, you will have to try to do everything and strive for the best!
sr. member
Activity: 1484
Merit: 253
February 02, 2019, 09:33:15 AM
So many projects and coins are just based on hype. Sometimes even i investors and traders look around for hype and which they themselves know is not enough to make a project have a lasting effect.
This sometimes happens, because they are looking for immediate profit, leave the project after obtaining their profit and move in to another. This has been the trend, but we need to be careful.

And sometimes, they forget that there is no instant profit and we need to wait for a while. The lesson from the dip is we can learn more about patience, how to hold the coins while the price is down, make another buy when the price is down too deep to back up the buy price. As long as we can buy any coins at the dip, we have a chance to make a profit when the price can bounce up, so we don't have to be afraid.
Exactly! In this volatile world of cryptocurrency we have to be aware of how this technology truly works, to take a look at the brighter side despite fullest dip inorder to be guided accordingly, and to never stop exploring for more creative ideas. I've  learned to always stay positive, be patient, to be more focused, have self-discipline, be hopeful, and believe and trust that everything will be back on track at the course of time.
full member
Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
February 02, 2019, 08:41:55 AM
Its a human nature they made the same mistakes again and again when it comes to greediness. I would say we all learned a bitter lesson last year but I believe we can not say its the fullest dip because market did not stable as yet. We should always follow the money management, Avoid greediness and quit the trade when you are in good profit to avoid the loss.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
February 02, 2019, 05:26:54 AM
So many projects and coins are just based on hype. Sometimes even i investors and traders look around for hype and which they themselves know is not enough to make a project have a lasting effect.
This sometimes happens, because they are looking for immediate profit, leave the project after obtaining their profit and move in to another. This has been the trend, but we need to be careful.

And sometimes, they forget that there is no instant profit and we need to wait for a while. The lesson from the dip is we can learn more about patience, how to hold the coins while the price is down, make another buy when the price is down too deep to back up the buy price. As long as we can buy any coins at the dip, we have a chance to make a profit when the price can bounce up, so we don't have to be afraid.
full member
Activity: 1316
Merit: 126
February 02, 2019, 04:46:00 AM
Lessons that we have learned from the most downfall moments of cryptocurrency are the patient and optimistic mindsets.But the most important thing is we learn how to handle a hard situation like what happened to cryptocurrency market on the last year.so now we are armed by knowledge and experience so we can faces waht ever it takes.
It is a situational scenario but some of us never think as a challenge and can't take it ended up by losing their patient. Our market never behave of what we wanted to be, making a speculations which have a less possibility for achieving. It gonna be wise to remain at ease and never get tempted for quitting.
jr. member
Activity: 286
Merit: 1
February 02, 2019, 02:02:15 AM
Lessons that we have learned from the most downfall moments of cryptocurrency are the patient and optimistic mindsets.But the most important thing is we learn how to handle a hard situation like what happened to cryptocurrency market on the last year.so now we are armed by knowledge and experience so we can faces waht ever it takes.
hero member
Activity: 2772
Merit: 645
No dream is too big and no dreamer is too small
February 02, 2019, 01:03:24 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

It seems to beginners in the crypto market that almost all projects have a good potential and can solve important problems of society. But you need to understand - only a few cryptocurrencies can survive. Therefore, to treat the appropriate choice should be especially careful. I completely agree with the rest of your advice.
If track all the existing coins right now, it surely more of them will stay on the dark and investors won't see its potentiality. Hypes is very influential into the market price but I believe it could be just a trap for greedy persons and will end up for losing. Hypes never stay for long and a big drop came after, that is why we should particularly prefer for it.
member
Activity: 434
Merit: 10
February 02, 2019, 12:50:09 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

It seems to beginners in the crypto market that almost all projects have a good potential and can solve important problems of society. But you need to understand - only a few cryptocurrencies can survive. Therefore, to treat the appropriate choice should be especially careful. I completely agree with the rest of your advice.
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