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Topic: What you should learnt during this bear seasons. - page 2. (Read 475 times)

member
Activity: 574
Merit: 12
There's a good chance that "crypto" won't bounce back, because altcoins are crashing hard in their Bitcoin value. Investors start opening their eyes and they see that no one is using altcoins, that they don't deliver on their promises, that they barely have any development activity, that they suffer from bugs and poor design and so on. The world doesn't need thousands of coins, we need one good coin that is fast, reliable, stable, robust and used by everyone, and Bitcoin is this coin.
Most of. altcoins are tokens. They will live and exist according to their project. Only the project and the demand for a token for this project will make a difference. It can not be said that most tokens are useless. We can see this only when this system is working again in two or three, or maybe more years. I believe that tokens in general are very useful for humans.
newbie
Activity: 112
Merit: 0
I think it is high time we took lesson from it. This cryptocurrency market is extremely volatile. One might encounter a huge loss if he/she is not patient about investment. Making the move at the right time will help to get profit.
jr. member
Activity: 470
Merit: 1
Basically, I personally experience tremendous confusion with current market conditions. But despite all that, I still have confidence that the market will someday return to good
member
Activity: 252
Merit: 11
🔰FERRUM NETWORK🔰
Wish I cashed out some profits a few months ago so that I could buy back the same amount of coins for much cheaper. Anyway, we always learn from the past. I believe Cryptocurrency market will rise again and into trillions. I never panic sold my coins. I'll wait for the bull even if it takes 2-3 years. Let's see.
newbie
Activity: 112
Merit: 0
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.
full member
Activity: 644
Merit: 100
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.

From my point of view, I learned that during the bear season of bitcoin is to be patient holding my bitcoin. As much as possible do not sell it because it might suddenly price change from low to high price. So be wise enough to wait and to believe the process of bitcoin. I know all of us to that and we can not do anything but to hold because we may regret selling it when the price is low and we do not want that to happen.
newbie
Activity: 112
Merit: 0
In this unstable market we have already seen rising and falling of cryptocurrency value. There is always a chance that the price will rise. So I think in this period one can hold the cryptocurrency and wait for the right time to come.
newbie
Activity: 126
Merit: 0
Be patient and don't sell coins. In bearish times the usual and ordinary users of the cryptocurrency needs to learn patience.. hamsters have been merged
jr. member
Activity: 338
Merit: 1
The Decentralized TCP/IP Internet Protocol
Learn to hodl hodl hodl I repeat hodl just hodl on to your precious coin,  have you ever ask your self who are those buying the dip and why are they buying the dip.
sr. member
Activity: 381
Merit: 250
I don't think I have learnt already some things because I don't think as well that this trend is over I'm thinking that we will be here staying for a long time even from now, so there will be the time to learn.
newbie
Activity: 64
Merit: 0
Patience and using common sense are the most important lessons people should learn through the bear market. Fear will never give you profit.
newbie
Activity: 227
Merit: 0
Actually the market of crypto currency is very much volatile and this season has helped me to learn this again and it has also taught me that there is no 100% prediction in this market. Moreover investment knowledge is important together with experience.
full member
Activity: 438
Merit: 100
You can trade in a falling market, but this is very dangerous. To earn in this market requires a certain amount of experience and luck.
member
Activity: 321
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
I think that there is much to learn about and you need to use the chance to learn from experts. To my mind, it is better to learn during such bear seasons than to lose such a great opportunity being lazy
legendary
Activity: 3024
Merit: 2148
There's a good chance that "crypto" won't bounce back, because altcoins are crashing hard in their Bitcoin value. Investors start opening their eyes and they see that no one is using altcoins, that they don't deliver on their promises, that they barely have any development activity, that they suffer from bugs and poor design and so on. The world doesn't need thousands of coins, we need one good coin that is fast, reliable, stable, robust and used by everyone, and Bitcoin is this coin.

Mostly can't agree with you. You are talking about scam and shitcoins or some kind of it, we have a lot of them. But there are many useful alts (Ltc, dash, xmr, eth and more) and some them do what they promissed and try to do smth interesting.
And i think we need different blockchains to solve different problems in our life, of course Not thousands, and we need a couple of hundreds to speculate like on classical market)

LTC will have little reason to exist when Lightning will get ladopted, its only hope is if there will be demand for onchain transactions. Dash is centralized garbage, XMR is cool, but Bitcoin might get pretty good privacy too, ETH is centralized and has tons of flaws, and again Bitcoin can eventually get smart contracts too. Alts that have some merit can be viewed as test playground for different features that can be implemented in Bitcoin.

Having hundreds of blockchains is not going to work, because blockchains need PoW to be secure, and small coins with niche uses can't gather enough PoW to be truly secure.
hero member
Activity: 2282
Merit: 659
Looking for gigs
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.

Yes I learned a lot regarding bear seasons. Since I started crypto around 9 months ago, I have learned a lot. I learned about not holding too much, but at the same time learned how to hold a bit until the price is right. I have learned that I should not be greedy when it comes to my holdings, because there’s a huge price to pay if market collapses. Just sayin’.
copper member
Activity: 448
Merit: 0
StableDex | Decentralized, Secure & Cost Effective
This is best time to learn and understand how crypto space work, for future reference but many will just ignore the opportunity to know more and do research to think otherwise , many are in for the money but don't know how to handle it to get the money all they think is up up and up but never know it work like up and down for better achievement, I learnt from this bear market what I think is best for crypto and believe in it.
newbie
Activity: 58
Merit: 0
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.

What we can do is patience and advertise crypto to our friends
newbie
Activity: 29
Merit: 0
To be honest, the only thing to learn from such situation is how to keep your cool and not to make any decision prompted by panic. People who don't have enough patience and gets frustrated quickly should definitely either learn to be more patient or simple stay away from taking the risk of investing their hard earned money.
newbie
Activity: 113
Merit: 0
Though the occurrence will be seem so futile, its a must that crypto users wont be discouraged after all. We've been started this out and make sure to have an end with a good revert. That's what actually matters. Perhaps not now, but soon when it get all better.
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