Topic: What you should learnt during this bear seasons. (Read 475 times)
A lot of the new investors that put money into crypto during January are unwilling to wait out the bear market. Crypto veterans know that this is just another normal cycle before we reach new all time highs again.
I should learn during this bear seasons because it is better to learn to be more profitable. If we learn properly it will help us to be a good investor and selling coins with good ,market value. We can take risk when it is needed.
Crypto will bounce back no doubts. There is always period of boom and periods of depression for healthy balance.
Even in normal economics...There have been periods of boom and recessions. But things will return back soon. The question is what can you make out of the situation? What should you do and not do?
What you should be doing now is investing or buying and having a mountain of patience for the boom period.
What you shouldn't be doing now is selling. Sometimes things like this happens for good reason. At least if not for anything, it affords us the wisdom to appreciate crypto and be prepared to take our profits and run away...
I can't imagine seeing 50% in crypto and not selling anymore especially with very heavy capital invested.
This time gives us time for shortness of breath, after the last jump and prepare for the future jump. Those who did not buy coins to be bought. Those who want to earn coins, participate in the bounty and get a reward. Also, you should study the charts and the exchange market correctly. There are a lot of them now . you need to verify all exchanges for fast and mobile work with them. Even in normal economics...There have been periods of boom and recessions. But things will return back soon. The question is what can you make out of the situation? What should you do and not do?
What you should be doing now is investing or buying and having a mountain of patience for the boom period.
What you shouldn't be doing now is selling. Sometimes things like this happens for good reason. At least if not for anything, it affords us the wisdom to appreciate crypto and be prepared to take our profits and run away...
I can't imagine seeing 50% in crypto and not selling anymore especially with very heavy capital invested.
What you can do in this bear season is only one buy more coins if you have trust in cryptocurrency Im not advised you to withdraw your savings in your bank account its up to you but for me If I have savings I will buy the 50% of it in this current market situation and wait for the right time to sell.
Crypto will bounce back no doubts. There is always period of boom and periods of depression for healthy balance.
Even in normal economics...There have been periods of boom and recessions. But things will return back soon. The question is what can you make out of the situation? What should you do and not do?
What you should be doing now is investing or buying and having a mountain of patience for the boom period.
What you shouldn't be doing now is selling. Sometimes things like this happens for good reason. At least if not for anything, it affords us the wisdom to appreciate crypto and be prepared to take our profits and run away...
I can't imagine seeing 50% in crypto and not selling anymore especially with very heavy capital invested.
Even in normal economics...There have been periods of boom and recessions. But things will return back soon. The question is what can you make out of the situation? What should you do and not do?
What you should be doing now is investing or buying and having a mountain of patience for the boom period.
What you shouldn't be doing now is selling. Sometimes things like this happens for good reason. At least if not for anything, it affords us the wisdom to appreciate crypto and be prepared to take our profits and run away...
I can't imagine seeing 50% in crypto and not selling anymore especially with very heavy capital invested.
The number of pessimistic peoples are larger than optimistic peoples in crypto. So, there must be more peoples selling in this bear market and leaving crypto.
As a long term investor, i am not see the current market as a real price. It will be bounce back to normal price at least.
I have learned a lot in the market in recent days. With a volatile market, buying and keeping makes us lose money unrealistic, in days like these we can only buy and sell in the day can make a profit.
The market is having bad days..But I have not lost my hopes that the market will improve..I still keep making purchases..Even if prices do not rise, I will continue buying until December.
Yes.That's still the best thing to do even if the market continues to drop.Grab the chance now to keep on buying bitcoins and even some good altcoins while their prices are still cheap.I personally do that because i know time will come that this bearish season will be over and hopefully bull run will soon to replace it.
Now is the best time to be blinded to the happening, and ensure you take advantage of of the bearish season, avoid panic selling, research more about Bitcoin and news related to BTC good or bad,can help determine how you invest.
Encouraging.
I advise that most of the newbies that can't take to see their portfolios read the message of the OP.
It's very essential for a market to have those times of down before it goes up. I liked what he said and newbies can easily understand that this fall means a lot if they try to understand it.
I advise that most of the newbies that can't take to see their portfolios read the message of the OP.
It's very essential for a market to have those times of down before it goes up. I liked what he said and newbies can easily understand that this fall means a lot if they try to understand it.
The market is having bad days..But I have not lost my hopes that the market will improve..I still keep making purchases..Even if prices do not rise, I will continue buying until December.
I learned to not fall in love with coin sand sell when its obviously the time. I was a Hodler but I cannot go that route anymore. So I have switched gears from using the knowledge I have gained form this crushing bear market.
The present moment is suitable for rest and relaxation, not let the dominant factors decide and wait for the green market again
- Deal with losses - invest the money you can lose
- Do not hodl pointlessly - always think of the best choice
- avoid scammers - if it's too good to be true it is probably a scam
- think in long-term - if you believe in crypto think how big it can get in 5/10/20/50 years.
- Do not hodl pointlessly - always think of the best choice
- avoid scammers - if it's too good to be true it is probably a scam
- think in long-term - if you believe in crypto think how big it can get in 5/10/20/50 years.
One thing I've learned during this bear market, and that is we should not panic selling at this moment. The best thing to do during bear market is to purchase more coins for more profit in the future. I would suggest you everyone that in times of bear market, you should have to hold your btc and just wait for the right time to bounce back.
I try to no look to prices in my exchange account too often. I open it only once per month just to see if the rally still hasn't started yet. When bears rule, just have some patience. And you will see after one maximum two years, you will get your hard earned money.
I have learned to be patient and have also adjusted my strategies to adjust to the bear. I have also put aside bounty hunting and airdropping as there is no value left for the hunters and have gone 100% into trading. I think one must be more nibble in the tough times.
Investors continue with their work so far, and I believe they learn patience and get rid of fear. You might be scared, but you have to know its removals and analyze the direction of Bitcoin's move to make the right decision.
It is my opinion that those who invested in cryptocurrency should not selling them at a cheaper price. Rather it could be a chance to make little investment and make profit in times when the price will bounce back.
That is why smart holding is so important, we cannot just sell our coins when market is in such down cause we could get something from just holding them in our wallets for a little bit longer. 
Actually there are simple rules of investing:
-Don't be greedy.
-Take risk as you afford
-Buy from low price
-Sell from high price.
-Don't do all-in or all-out
In december I had 3 btc and it's cost was 57k dollars (my investment was 3,5k
)
But:
-I was greedy
-I didn't sell from high price (10x from price when I make first buy)
-My strategy was all-in or all-out
I've lost so much and it taught me very important lessons. Now I'm following news, being patient, not doing all-in/ all-out, split risks. And I believe these lessons provide good profits to me.
-Don't be greedy.
-Take risk as you afford
-Buy from low price
-Sell from high price.
-Don't do all-in or all-out
In december I had 3 btc and it's cost was 57k dollars (my investment was 3,5k
)But:
-I was greedy
-I didn't sell from high price (10x from price when I make first buy)
-My strategy was all-in or all-out
I've lost so much and it taught me very important lessons. Now I'm following news, being patient, not doing all-in/ all-out, split risks. And I believe these lessons provide good profits to me.
- You should learn to HODL like a boss!
- No emotions!
- Less reading FUD articles and watching stupid crypto youtubers, try to learn something instead.
- Invest more if you can and don't track the prices on CMC every single day.
- No emotions!
- Less reading FUD articles and watching stupid crypto youtubers, try to learn something instead.
- Invest more if you can and don't track the prices on CMC every single day.
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