Bitcoin Forum

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 reckon with your point number 3. Greed is one of the attitudes every crypto enthusiast, most especially traders need to deal with. Most times traders do not care whether a coin is a shit coin or not, inasmuch as it gives them their desired profit. So when dealing with a shit coin, that is liable to dump heavily, one must be conscious of taking profit when the need be.
Instead of allowing greed to control your decision on profit taking, it will be better for you to take your profit on such coin before it is too late.

I wonder, will people really learn their lesson?

I myself am doing my best to keep my head on straight and learn from what is happening.
But there is something that tells me that if another bull run is going to come, I will throw it all away and be greedy lol.

In retrospect, the current market condition is expected.
You can't just quickly recover after having such a fantastic bull run like last year.
It wasn't just the end of 2017 craziness, all of 2017 was very bullish.
Last time btc had such a strong bull run and crashed, the price stayed low for a whole 2 years.
I think we will see similar things throughout 2019.

The real question is, where will the bottom be? And at what price point are you ready to buy up more?

Actually it is not about lesson but instead individual strategy, except those FOMO'ers that only cared about hype and did not do their own research.
me personally i do not really care about this dip because i have been waiting for this for a few months, logically speaking the price will not go up everyday/everytime because the higher it gets more pressure it will get.
and right now, we still have a problem with mass adoption. unless we are finding a way to solve this problem, this kind of movement is expected.

I believe you are right
Instead of wailing , every traders needs to get their priorities right and focus on the positives
Do a concrete research on projects and there won’t be any reason to regret

But any way out for this ridiculous low prices

Great advice to take profits when you can, this market is very unstable. Who would have known that the dip would be so bad, there are much more users now so demand should be higher

I think these are good advices for newbies and expecially point n.3 .. never be too greedy and take your profits before it's too late!

I like number one. I had this problem before. I get too attached to a coin to a point of not willing to sell while watching the price fall down. Only to complain after getting rekt  :-\ It was a tough lesson but it is definitely a good one.

i like this immensely! the one about love, well, yeah! i hope all of ues will learn by heart these rules any many more, it's a nececcary procedure after all, to have a success afterwards. let's juest bear with it

Yes this will be helpful for the newbies and they can learn from this, as there is no stability in the market and anything can happen either it is a mid quarter of the year or last quarter. We came to that long term will always give you huge profit.

So, I could to say that is the golden rules of investors now. If you will not agree with that, you would not to stay in crypto so long.

I only agree with point 5  ;D.
Point 1 when you think specific coin is good you should love it, buy every time you have money.
Point 2 I think in trading greed is good, if you are not greed enough a bit hard to be rich.
Point 3 Never cashout before you think its price in good price
Point 4 Must following hype then using point 5 before decide to sell or buy.

We should be more strict with our coins. It won't bring you anything to aspect x5 on this market. Thats why we need to be happy with at least 30 percent profit and when we reach this bar, we should sell this coin and move to the next one.

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.

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.

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?

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.

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 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

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

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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.

        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"

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

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.

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/

 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....

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.

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

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.

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.

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

Everything here is almost opposite when Bitcoin is in bull run, i bet you guys would do the opposite thing here but you didn't notice it yet do you?
After a crash expect that there will be an event that will lift everything back to normal again but guys have not expected that.

Every year and every quarter in the crypto space gas its own uniqueness. Learn to know what is peculiar to each of the year and quarter and make good use of it. Right from the beginning of thus year, the best way to earn has been through trading. So traders are likely to make it more.

yes, number two is a case that happens a lot, people are greedy to take entry even when it's not yet time, it really needs careful calculations before doing it. For the hype it is indeed something that must be avoided, I was once the beginning of trading stuck in this hype, but fortunately still able to get profit

Funny enough the things you mentioned above are what makes up this space. This space thrives on all of those and it is impossible to eliminate them.

Yes, you are right, in my case, greed always happens, because of it I have lost a lot, I think these are good lessons for all of us, but we become stronger and soon we will be all right. The main thing is to make an analysis of your mistakes. We are waiting and hoping for the best

And to know what goes down must go STRIKE THE MOON AT THE FULLEST. It is the right time to buy more, we should take the opportunity as a stepping stone and strive to do our best to achieve what we desire. But I think it is just my opinion.

I think we can learn more from the lesson of this down market. Not only about making cash the profits. I think about the investment, of course, investment I mean will need about one year and more, not for now. For the investment, I will only take the promising coins for the future, so I will hold them, In this case, the lesson is about the patience.
Then, for the trading lesson, just be smarter to buy and sell in the right time. Lesson for this is the smart strategy and decision.
And you are right about not following the hype. Analyzing based on our consideration will be better.

Maybe you can add one more thing which controlling your emotion on the dip because this will makes you confuse and sad and you don't know what you will do. I think we can learn many more from the fall and not just for the OP mention. But greedy will be the most thing that always influences every one since we want to make more and more profit but the reality, we can't. I love bitcoin because it helps me to make money but I also love altcoin because it helps me to get more bitcoin and as long as I can earn more money from bitcoin and altcoin, I will still love both bitcoin and altcoin ;D

You have good points in your own paspective because love for coin can grow though it's most not about the love for the coin but the money we get from it. What could give more pleasure than making money. Your second point can only be agreed by few people because greediness is involved in Cryptocurrency because everyone wants to make more profit. So I don't refer as holding coins for greater purpose as being greedy because we all have different or paspective ways of seeing. About your third option I can agree with you. You can go for day trade but it needs extra care.

Being greedy is ok sometimes, when peoples afraid to buy because the price crash, you must take a chance to buy greedy.
But sometimes, it is wise to keep calm and monitoring the market condition before doing any greedy actions.
This bearish market will continues and kicking more peoples with weak hands out of cryptocurrency world.

Indeed it doesn't matter when it can play it right and have a good strategy. wrong is when too avaricious and then have no definite guidelines and ultimately fell due to the fault of his own. the weak hand like this that often pops up then go saying crypto is bad stuff.

very simple, it requires experience that can be used as a lesson. to avoid something bad later on. I'm sure everyone has experienced bad luck and doesn't want to repeat that bad luck again

To start with,you cannot invest in a coin if you don't love the coin,maybe it will be better to say don't be blinded by your love for a coin.I will prefer if you say not to be too greedy because at times in crypto,greediness might be the joker.Definitely everyone want to cash out on profit but we all have our target,we can't just cash out in any profit.Talking about hype,many at times hype is the key factor,you just need to join the movement at the right,most of the shit coin enjoy the rise as a result of hype and many are smiling to the bank because their timing is right,the problem is not the hype many at times but the timing.

I believe that most investors have learned a lot of trading knowledge from the crash, but I think greed is the reason for many investors to go bankrupt, they are not willing to stop losses in time! Don't want to stop when making money!

Everyone learn in their own way. And there will always be someone who is new to this. So lets be open minded and supportive to the ones who just joined.

2 and 3 points are the most common mistakes newcomers. I made the same stupidities, but the first protracted dump showed me that I was wrong and so i shouldn't carry on this way ;D. Some traders regret that they fixed a profit of 15-20%, and the price rose by 100-200%. So, no need to regret, the main thing -there is a profit.  If you want to increase the possible profit, fix the profit in parts, not 100% of the deposit.

I totaly agree with number 2. People who want to have everything lose morey money than those who is waiting and invest only those money they ready to lose

Yes, unfortunately many people learn from their mistakes faster. Is something to miss, then it can be hard to regret. This situation will teach many to think and act correctly.

This might be good but you should have loved a coin in your choice. Just make sure that it is a established one. What I mean to say is you should have a main coin in your disposal yet not all your wealth is invested in it but divided into many.

I agree with you on this. Greed can sometimes bring  investors losses. Market movements are unpredictable. We can not be too greedy to invest in any altcoin. Investment tactics are essential. With each stage of its development we need to have different investment strategies. Do not look at the immediate profits that invest in, it could be a trap.

Been trying to do this. We can't assure to have a good profit this months because of consecutive dip. My advice is to earn even small profit and cash out always, do not intend to hold it because it will change immediately.

Every failure makes us wiser. Failing will always make us decide on which is a good thing or not. Greed always makes us take risks but being wise will always be the right choice. Experience and tactics makes us grow and earn not greed. Crypto offers good fortune but it comes with risks and uncertainties.

It should also be learned after this massive downfall, greediness should be practice very well, if you can't control yourself and you keep aiming high instead of working properly with tradings, you will really suffer as market fluctuates and no one knows what directions and how dip or how high it can go but if you are going to be well satisfied you will be able to enjoy this business, being happy from what you already gained and always being patient monitoring and studying the current flow before starting to invest.

My lesson from this deeps is: allways available more deeps then you think.
Some times ago peoples say what btc cant drop near 5k then mining will be not profitable, enjoy

Emotionally most people do love one coin or the other and that is why you see many in cryptocurrency ecosystem saying hold while some say sell and rebuy I think is good to sell and rebuy if you know much about TA which will be a direction for making decisions in buying and selling if the token , so is good to sell now in bear market if it rise cause it will go back down in short time which will give another chance to rebuy.

I like that part alot, it simply means that if you buy about 15,000 of a coin when it has dipped, you should set your sell orders in batches.
You should set 5,000 of the coin to 10% profit, so you can get your capital
You can set 5,000 again to about 30%, so you can get extra profit.
Then you set the remaining 5000 tokens to 100% increase to maximize your interest in the token. Very smooth and direct.

I like your lists but what really happen here is that we all throw away sound fundamentals that guide a project to succeed, the talk now is more of how many X's can this investment give me.

To be sincere I have made good profit in the space but mistake most of us made is that we failed to save for raining days and keep investing thinking the growth we continue forever

Another lessons from this dip is the underestimation of determinations

A lot of people in the name of I am determined have ruined their portfolios
Every determination without intelligence and wisdom will rekh a lot of things
And t has brought losses to people already

Be determined but be smarter

Thanks for this note, you know i always love a coin that is why i never cashout, and thats the lesson for me this time, now i am a big loser of the game, i only promise to myself that sooner or later, i will take the ride, cashout whenever i get the profits, and i hope market will recover also.

There is need to really be smart and careful
The whales are busy laughing over us as only them know the time that the bull run will start
Every Asian investors are now quiet
And the fake projects are almost all dead

It’s a positive vibe for crypto currency

Yes you can move on
Cash out the moment you are on massive profit
Wait patiently
And buy back the dip

Then you even have more profit that way
I can only hope that we all make our deserved profits

It's already been 10 years since cryptocurrencies have been created and we see a lot of successful and unsuccessful stories. People whi get involved in crypto business are risk takers. Your point is probably pointless because cryptocurrencies can't be predicted and if you are not willing to take the risk, then you can't unable to achieved something.

Not to the point directly but rather think for the techniques to do so that you will not get into the deep of down side but gain a profit that would matter most. The experience is the best teacher ever. In bitcoin their are lessons that we need to experience so that we will be wise enough to encounter what are obstacles might appear in the business.

Maybe someone tell me what will be the great lesson in this situation? When marlet is all red and there is no the light in the end?

Agreed on most of them, I was greedy and left my coins to profit more from it now almost everything lost it's value. I also joined pump and dump signals which is the biggest mistake, I bought the dump  ;D then left with a useless coin.

I think that now it makes no sense to invest in altcoins :(

and the most important thing is about perfection, nothing is perfect, maybe BTC has many advantages if compared with other currencies and other cryptos. but BTC has a dark side that can make it fall dramatically.

even BTC can die before the supply runs out, so. don't we ever say that BTC has provided a profit, but what gives you profit is God.

The cryptocurrency market is a market full of speculation. Not everyone can earn wealth. Some people will lose money in the process of earning wealth. This is the cryptocurrency market. This is a cruel market.

In reference to you.

for point 1, when you love a specific coin, you invest in it for profit not for love,(always buy cheap)
point 2, greed in trading is good, but when you do not cash out when in profit, it is difficult to be rich in crypto currency
point 3,  if you buy at 2 sat, and the token soared towards 20 sat, you need to sell part and get back your capital, then monitor the trade and ge t the rest of your profits, waiting for a one time profit, will leave you in losses for most coins (90% coin)
point 4, to follow hype, you need to learn to BUY THE RUMOURS AND SELL THE NEWS.

I believe that most people who make money in the cryptocurrency market can't control greed, because most people think that the bull market may come every day! But this is not the truth!

Yes you are right, alot are bothered about the instant profit, instant wealth and it has made alot of people so poor and indebt
But with positive mind, and right motive

crypto currency is for everyone, a dirty game but a wise one
I believe blockchain will takeover soon

The price of each cryptocurrency comes from hype, so we can't avoid hype, but I agree with your other opinions! Don't be too greedy!

Yes, specially number one because that I lost many asset value I have. Love make me blind and never calculate with clear mind that someday everything will goes down. I don't have preparation to face down market in long term period, so sad see 4 zero go from my asset. I'll leave and maybe will not came back again, crypto kill me badly.

Good advice, especially not to be greedy. I would also use stop loss when trading, it saves your money. And the growth of the eternal does not happen the market needed a correction.

not been greedy does not only save money, it saves your portfolio because you learn to apply caution for every token that you hodl, own and have in your waller.
But still, there is need to be smart,

smart when buying tokens
smart when selling tokes
smart when placing orders
and smart when making deposit and withdrawals as well.

Never underestimate yourself for any moment.

I think greed is one of the incentives for which we are here and not only with you here and are plunged into the world of cryptocurrency, so without it in any way!

Yes, i have learned all these things by now. Although the hard way, but the things are all clear to me now. So far, i did not realize that, but i learned it during the last weeks / months dips.  :(

Yes,I agree with you especially never to love a coin because lots of altcoins has potential and it can be profitable in the future.If you've love a coin you must wait until it can be profitable not unless you had lots of coins you had many choices to be profitable.

when you want to choose a cryptocurrency to invest in you have to first study it to see if it is worth investing into or not.
if you did your research and saw the true potential and then invested in it, all of the things you said are meaningless and you should ignore the price in short term.

the big problem here is that people don't research!!! instead they read the whitepaper and take a look at the coin's website and topics on forum and think the shitcoin is a gold! so they get dumped on. not to mention that good altcoins don't even exist.

1- Nothing wrong in love a coin and try your best to support it, in fact, it is a good thing.

2- Agree

3- If everyone cashed profit the market will be drained sooner or later!

4- Agree

5- Agree

Sometime you can't really blame someone for doing the right thing, even if the result was bad and that applies on point 1 and 3. The most important lesson you didn't mention is to never buy the top.

Lesson? we need to be ready to adapt any situation when it comes to trading. However, there is no hope in any quarter of the year as most of them believe even today like the price will increase in the last quarter. Investors who are planning for short-term need to be very cautious as anything can happen in crypto, Either the value may skyrocket like last year or it may fall.

there are the right rules to follow but is not easy, sometimes it happen to get involved with some coin, and even make cashout only in profit is not easy there are moments (at least for me) in which you need immediate liquidity

I understand where you are coming from but you also have to understand that if people do not love a project then there is no way that they are going to support it through the good and the bad and sometimes greed just gets the best of people even though that is never what they intended to happen, we cannot always judge people because we do not know what happened with them

These are all good takeaways from the bearish market. I would add : never invest more,
than that you can afford to lose. For me the most important one is to always take the profit
because you do not lose until you not sell but you do not earn until you do not take the profit.

This trend is pro manipulation and if you sell now manipulators will win, do not give in, die with the coins if must be because these prices is already bullshit.

Most times, whenever there is dip, the best thing to do is to look around for coins that are selling way below the ICO price. Sometimes, i even look for coins that have plummeted to the point that no matter how much i invest into it, i will make my profit. There are lots of them. I also try to buy coins before they eventually list officially on centralized exchange.

Do not regret of what you have done, everything has a purpose if you lose today maybe on the future you will won. Just keep believing, take this situation as a good opportunity to something else.

You have a point mate, this could help us to become more stronger in crypto. We should learn from this dip as this will happen again in a volatile investment.

I support your point because that exactly what i have decided to do, I have watch some my coins that were worth thousands of dollars going down as low as $100 and $200 and it's really painful to see such a thing, cashing out profits is what I will always do.

Some of this are right, but if you not become greedy, you cannot earn even a little profit each week and months,if you want to earn even markets are bleeding, dont be afraid and do some ways to earn,  and the rest are right.

Where is it heading ? Is the dip never going to end ? I mean greed is part of the human nature so why blame it.

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

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.

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.

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.

   

    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. 

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

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.

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.

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.

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.

Greediness can make you lose and sometimes it make you rich. The thing is you should increase your knowledge and make the right decision.

author is right absolutely, BUT I am sure that if situation will back to January 2018 - people will start do the same mistakes))

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

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.

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.

I don't know why you advice other people to not loving a coin :). 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 :). I don't think love a coin is something bad.

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

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.

And we have not fallen yet;) my forecast is $ 900 by mid-2019. so get ready, HODL))) see you at the bottom

Yes, by saying that i suggest everybody to be carefull with their choices on investing for some coin that on "first look" looks like cool brand.
Mostly important is to see its roadmap firstly then secondly what people made it and finally with all whitepaper involved to get to know community social medias how works. Especially in this record dip.

I guess you have too much good points out there, the market needs a hodlers at the moment and we should not always rely on the hype that is created by others and also, believing makes the sense of creating opportunity for profit, if the coin goes down, we should believe it can rise again, so, the best thing is to buy the lowest dip at the moment.

You are very right, i came across the ideas after i lost out to shivom token, xyo and bobs
i expected too much profit on my investment and ended up getting nothing from them

but life goes on, and i think every other person has learned as i did

I think the dip is alot of lessons and i greatly agree with your points, it inspires me greatly and i have learned from other suggestions too

There needs to be a smart thinking and intelligent approach to handling of couple of situations regarding altcoin tokens

Never be infatuated with a project token, either their product is good or bad because infatuation would prevent you from selling either the token pumps to a better price or not.

Don't be greedy! And don't fall in love with a blockchain no matter how nice it is cause you won't sell when it's necessary! Each coin has its phases of the growth and the downfall. When it's going up, it's time to sell!

Many have lost their money because they have kept their Altcoins for too long. Most Altcoin fell in 20-30 times. You can not HODL Altcoin, only Bitcoin.

Indeed, All of we do, we always learn new this or discover ourself. Many people are learning from their bad experienced. All of stated above was true and correct especially to never to be greedy because all of us wants to earn more thats why we hold it for a long time to hoping that it will rise and also to cash out on profit always is a good to learn because you never know what will happen so lets make a balance strategy when it comes to money.

So in the next time you encounter such pumps of your asset don't waste that opportunity, because you might regret that situation. All of those experiences will always provide you a good learning and definite skill once you undergone a failure, you won't be falling to that scenario again.

I think that your lessons are stupid. Something are really crazy, for example "stop following hype", as for me I entered the market at the middle of hype and earn a lot of money and I want to repeat it.

The dip is a real surprise to all investors, lesson learnt for me, is to always follow up on all project in order to understand there present and  future projections and programmed,  Also  lesson learn for me is to ensure I take profit, no matter how small in order to play safe, and secure my investment  portfolio.

From this we will understand this is the risk. The risk cannot be eliminated, but we can avoid it by playing it safe, by doing an in-depth analysis, not affected by fud and unclear hype, etc. Patience, mentality, and psychological will also be more trained.

Yes you are right, thats why in crypto currency, you must always stay up to date and do your own research always.
You need to be spot on and right on every information regarding the future and the present of a token.

Don't understimate the market, don't exaggerate the market either
Be smart and not gullible.

can add a little bit :)
6) buy low, sell high

7) have diversified portfolio

8) always have some reserve (even for buy-back some more)

9) to have patience, and then even more patience

10) feel when its good time to leave

really true. i had huge amount of money in 2017 december and i was waiting for much more money. but now im too much feeling sad about my idea of not taking profits. dont chase 100X targets all the time. take 10X profit happily. then wait until some dump and buy again. still im holding my crypto bags since last year

I agreed that some of the traders they really don't care if the coins are shit or not, instead they are after only for the profit. Especially if the traders are greed all they wanted is to earn quickly here. Therefore, buying coins while in heap value then hold is the main tools for us to gain big here.

It seems to me that in any case, all the results of the cryptocurrency summoner during the fall will depend only on the real financial condition of the person. If he has other sources of income, then all investments in cryptocurrency can be left for a long time, of course, if your assets are in sufficiently attractive projects.

people who joined the crypto in the bleeding market will surely learn all of the things you mentioned. i had a lot of money in january but now i have lost everything i though that this bull run is not going to end ever well i have learned enough to not to lose 98% of the portfolio

Cannot agree with you more on those points as I myself have learned a hard lesson by not following a couple of points you mentioned. However, its a lesson learned and I am working on those mistakes which I did earlier and not going to repeat them again.

Agree with all of the things mentioned above. Always take advantage of what the market has to offer and never be greedy. Aiming for more profit will make you lose more. It clearly shows that hodling is not the best thing to do this year and yet you still settle to hold. We should learn from our past trading experience.

Cash in the right time to gain the best profit.
Never hold 100% of your tokens and learn how to play in the market.
DEEPEST SEA (MARKET) always have the best treasure to found. buy more at deep and have more golds and diamonds in the future.

As for me, I didn't make any mistakes. I bought bitcon in 2016 and now I'm still have big profit. Only investors from 2017 are nervous now. But I didn't sell on the top, maybe it would be better to sell next time

Although he has some income from other jobs. But if he risked bringing all the money he had to invest. He will still be influenced by press releases or negative comments as the market is discounting

I specifically agree on cashing out to earn profit. I always have the tendency to buy different coins once I earned. I immediately cashout and use the money for something that is not crypto. No need to be greedy and be content on what you have earned. Hodling is clearly not the best thing to do on a bear market. There is no problem with aiming for pumps but we also need to be realistic.

Whales always wait for biggest dip in the crypto and sell on the highest price which is the best system for great earning. It means that always buy from low and sell on targeted high price.

I believe this post referred to me... Lol. I have learnt a great deal from this dip albeit in a sad way. I will pick out the points about being greedy and loving a coin. These have been my qualities and I have been left to regret my chances countless number of times considering that, I hold on to tokens for far too long forgetting that this market is full of uncertainties. I have been left with losses due to the fact that, I refuse to take profits when I ought to and most times, these decisions come back to hurt me as a result of the tokens or coins dipping uncontrollably, failing to rise after such falls. Regrettably, I miss out on selling for decent profits in the process. This dip has been my recognition and never again will I be left exposed and hurt after this. I have learnt my lessons...

Yes, this lessons are very important. But i am not fully agree with third rule. Not all profits has to be cashout, i am always leaving some part as my 'moonbag'.

Few people learn in the market, not to be greedy and other rules, I think there is not enough financial education in people, and little study technical analysis

The lessons I have learn in this dip is that I should never invest all I have on crypto and also i learnt to be patient, instead of selling at a loss I hold until the price improves.

What is of concern sometimes is that, despite  all that has happened this year, some people are still making some mistakes ought not to most be made.

Looking at some exchanged, i could still see some people investing on shit coins and yet losing out and yet there are better coins to invest on.

I think that’s why nothing can be done about personal and individuals opinion
I cannot convince anyone to make the right choices for themselves

Anyone that doesn’t learn from the realities of crypto currency is on his or her own

One of the biggest thing i have learn during this dip and bear market is to always take profit when things are going up, when things are going up, i was not taking profit, that's the lesson i have learn

These are great tips that will help all beginners in the future cryptocurrency market very well.

These are some very nice tips which I'd been using since I started being a cryptocurrency trader. I'm sure this will help those newbies in cryptocurrency. We all need to understand about the fact that everything is all about risk.

I agree with your 1st score, there is a saying "Do not put all the eggs in one basket." Investing in a currency can be profitable, but with so much risk, you can buy bad money and lose everything.

This is a very good stage for the cryptocurrency market because so many good things are happening at this time.

It seems to me often hard to resist the temptation and knowledge of the rules does not always mean the use of the same knowledge. Human psychology is such that when a person sees good luck, he often forgets about the rules and acts unconsciously. I am sure that many who fell into a situation of euphoria forgot about the rules and acted from the point of view of the player and not the investor. Yes, the rules are nice, but you need to force yourself to stick with them and not to violate them. But agree when you enter the Azarat, it is hard to fight and not break these rules!

The problem of modern humanity is the pursuit of fast and easy money. And then the forum is teeming with people who cry about their losses. It's funny when a person who does not have knowledge in investments tries to seem like a specialist.
My advice to you before you get into investments is to first acquire knowledge or entrust your finances to specialists.

You should always be sure in coins in what you are putting your money in and never to forget to diversify your funds. Otherwise you will lose a lot of money if you would miss these steps by your investment decisions.

Probably, you are right, but no one could ever expect that altcoins could lose a lot - everything seemed so attractive and wonderful (I mean the market situation). As for Bitcoin, it is the best crypto for long-term trading or holding.

Yes you are very correct
But this is a conventional but conditional tip because until a beginner is willing to learn those tips it is not great

The crypto currency market will be a lot better and consistent
But we cannot over estimate our beliefs

points mentioned are correct we should nt love the coin but love the profit of the coin so we should sell the coin when it is pumping

If you can afford to get one its better to do so, investment always accompanied by a big risk without knowledge surely chances is smaller to gain success, there's always two sides and if you have some advantages in terms of having finance advisers or you have time to allocate and spare in studying the system better to do so before you take your ride.

Yes, I think who survived the crisis already learned a lesson... At least I learned my. In a hard way, unfortunately.

Yeah, me too :D
But, that's OK. It's good for us to learn by our mistakes, so we will not do the same mistakes in our future although it's not an easy thing to be passed.

So true bro. Our biggest enemy on this market is a greed. It always obscures our brain every time when we are in profit and we need to think soberly and stick to our strategy. A huge work with our greed must be finished till the next up-trend guys, wish you good luck with that :)

The reality is always cruel, everyone should be lost for greed, I have encountered such a lesson, but I think this is the hope of cryptocurrency, I hope that it can rise more every time it rises.

Take profit according to money management and periodically please yourself and your loved ones with gifts from this profit.The emotional background of these actions will rise and affect well on subsequent deals.

I think greed is not a vice. In the case of cryptocurrency, this is what helped us want more!

 - while a down-trend trade only in USD/USDT pair;
 - do not enter any ICO if the BTC market crashes, it will be dumped 10x times;
 - don't listen any fucking shiller like Balina, Supoman, icodrops, etc.

You are not alone, brother. Do not be so sad. As for me, I have understood that it is always better to invest in many altcoins, and do not spend all the money that you have to buy the cryptocurrencies.

This is the problem of everyone because unless we pretend
We are all greedy and greedy
We were all in profit and we were hoping the trend will continue on and on and on
Until it all subsided and we are here in the lows

You are right, even with such a market situation, you need to learn lessons, work on your mistakes and avoid them anymore. Those points that you indicated are quite logical and should be considered in the future.

All those who did not sell got a very good life lesson, I did not have a lot of money in cryptocurrency, so I did not lose much.

I fully agree with such advice. During my work on the crypto market, I have already seen that such recommendations help investors make the right decisions and respond quickly to changes in the market situation. I am especially sure that you need to carefully select a project with good potential, but you do not need to love it.

Perhaps being greedy is what makes the market flowing, cause if there are no greedy people, the price of all coins will be hard to increase, cause there are no one purchasing ad keeping the coins, making the demand rise so it will also affect the price of coins.

the most important is the direct does not feel satisfied with the results and do not easily believe in what is in crypto. Crypto can deliver results that are not predictable and sometimes even predictions that good can be bad and wrong when applied in crypto. It is true that the experience will give this learning and to be aware of in order to get maximum results.

Not just cryptos, all the markets and investment opportunities are unpredictable hence you need to prepare yourself to approach accordingly. Yes, the basic principle of effect investment and asset management is, investing only what you can afford to lose. If you are following this principle then you will never worry about the unpredictable nature of markets. You can simply hold them as long as you may need your money back. When you are planning to get back your money, if your researchers were good then you will be in profits.

Here we must note, if we have invested only with highly reputed and actual project-based coins then we will never worry about the current downfall of crypto markets. Because, we can be sure about bouncing back of those coins at any time. But, some coins will never bounce back as its projects will not be having any further development.

You summed up very well, people will always forget their pain and start a new round of adventure. If we can't learn some knowledge from the failed experience, then we will be injured again.
In the bull market last year, many people did not stop the script in time. Yes, we rushed over and then fell off the cliff.

Just don't trade if you don't know how its work and just keeping the buy low sell high strategies usually for the newbies who are not experienced.

Seems like you learned a lot of stuff but number 1 is also good if the project is quite nice if you really understand and love their concept. Following hype as well can earn as profits by riding the waves, you can maximize it by buying on its cheap and has bonus stage. Used Idex, hotbit and mercatox as trading those hype coins as investors usually based on these exchangers.

Greed and hype is like the bloodline of this space, most people FOMO in by the hype and later get greedy if the hype makes it through, and then boom everything is gone. People completely forget the law of gravity in investments or anything having to do with finances. You said it all never love a coin. Always take profit.

You must always stay calm and cold blooded, because if you like a coin too much or are sure that it will give you profit (without any analysis), you will lose your money. Stay strong and be patient, we will get our profit soon.

Or you can only hodl and forget about everything. Turn off computer, forget about graphs, news, start living and come back in few years.

yes, I really like points 2 and 5 I always get greedy when the coin I hold has a pump.
very hard to cashout the profit when get pump.
then no 5 now i realize that really happen now  :)

You are right. I'm in those people. But without such dumps those lessons wouldn't be so convincing. We should have been to compare and we got it. I think many people got those serious lessons.

Yes, those are very important lessons to learn.
With every market that is bullish, there are a small amount who profit greatly and the vast majority who lose.

In the stock market, it is the actual brokers themselves.
While the normal investor is putting in money, the broker is making bank off of commissions.
And when you want to cash out, they will do their best to convince you to just reinvest in something else.
Appeal to your sense of greed (while they get even more comissions).
It's like in gambling, when you are on a winning streak, you falsely belive that it will continue more.

In the crypto world, exchanges are making bank off of us.
No matter how high the value of our crypto goes, we don't actually make or lose money until we cash out.
And what were most people doing during the bull run?
Just reinvesting more and more.

It is not so easy. Who didn't follow hype and bought non-hyped coins were even worse off! And cashing out on profit means who bought bitcoin at 250$ should have sold at 400$? Would that be better than holding till now? Just a thought...

One huge lesson I also learnt from the dip is that if you love a token and want to hold the tokens, do not just hold it in a wallet, be actively trading it to increase the number of tokens you hold while riding the highs and lows of the market.

I think such a long dive has already made everyone draw the necessary conclusions. I like cryptocurrencies, but still in my understanding they are only a tool for earning.

I agree now cryptocurrency is more valued as earnings and not as a technology, but I think it is worth to look at the purchase at this level!

independent speculation is the most measurable thing in personal decisions. this is very much related to profit determination, hype is sometimes needed.

I focus on increasing capital and being disloyal to just a few coins, I can buy that coin as much as possible if the momentum is right, in economic law, the important thing is to keep making profits at any time and our policy to keep trading from all the coins that have the potential to profit even though it is in a dip position.

Away from the bearish period, I think that we can apply the knowledge from 2018 bear market to the present bear and unstable market of 2019

By being smart with out dealings and also ensuring to safe guarding every wallet

Hmm ... I'll probably just read the most here, because it seems to me that I have nothing left today at all. Today the market seems to me to be unprofitable. And the conclusions that I made when I had at least something, probably not to be greedy.

The very essence why we are working with this market, making something out from any market trend can be learned by the situations, not because bearish movements still strong we should stop better to learn how to work from any situations and take experience as an edge in order to determine
which would be the possible coins that will move forward and bring something in returned.

It seems to me that everyone has learned lessons for themselves in different ways, because we all had problems in different ways too!

Many came to crypto with no experience in investing or trading. For me personally, it was a rewarding experience even though I lost a significant amount of money. I think that I began to better understand investing, trading, I began to think analytically better, etc.

it is very good that you evaluate your results from experience point of view and do not cry like as 95 percent of those people who have lost their money. I believe that everyone who has lost a large amount of money in this market has gained vast experience and this experience will be useful to these people in their lives.

Well, here you can write entire books on this issue, but we will not find the answers to it. How to protect yourself from a stupid decision there is no answer to this question. It seems to me.

I completely agree with you that the history of the development of the cryptocurrency video market is quite a lot of negative consequences of rash actions of users. In any case, I believe that more failure came primarily due to lack of experience.

You made valid points. I'm also a victim of most of the points, I regret hodling some coins blindly even when they were seriously falling, I should have cut my losses but instead I felt hodling is better and now I've lost a considerable amount.

Great experience and insight! Thats how crypto-currency works but you can counter it by simply doing some Intiligence like you mention on your thread. I hope that most of the people involve in Crypto-currency is used these kind of method to avoid or minimized future losses.

Some people are usually sentimental about a coin. Even when the price appears to be dwindling, they will still keep holding and believing in that coin.

Very nice advice for those people are greedy and don't cashout on profit always these methods is very important if you want to earn and not to loss your money and profit before investing in all altcoins.

What's the relationship with the video market? i can't even get your opinion dude. Prepare your money when it was dipping and buyback. those ethereum dippers have created more than 100 percents last month. the fail will come when there's someone who has not a lot of knowledge about crypto.

We need to stop relying on 3rd parties to think for us and make up our minds and take ownership for our actions. Yes it may be an expensive lesson to learn but one I think many need to learn.

From this long period of decline and stagnation in the cryptocurrency market, I think many have already learned the lesson that you need to periodically record your profits, and not just expect the coin or token to take off to very large price values. After all, this can not wait. It is for this reason that I think that perhaps there will not be such big price rises, the holders of cryptocurrency will have to drop their coins with their good growth and they will always fall in price in this connection. There comes a period of greater stabilization of prices than before.

I think its better to make a target price so you can disposed your token as fast as you can and dont expect too much on what you are holding and lastly dont be so greedy this this what I've learned in the month's of bear month's

in principle, I agree with you, the only point that I still cannot do is: "never love a coin") unfortunately I become attached to coins and I love them, I love and cherish) it happens that the coin is unremarkable , and I buy it and buy it, I save it ... why? I don `t know ... inner feeling suggests, as a rule, then the coin reciprocates and we fly with it to the moon ;D and on the rest of the items I agree with you

Another thing I learn from this market without this 5 lessons. I learn don't wait for right moment, every time try create a moment and don't wait for luck but 1 is good Never too love a coin.

I also learnt that it is never a good idea to hold a token you do not believe in while it is advisable to trade the good coin you have instead of jutmst keeping it in a wallet, you trade and increase it

The lesson I realized was a lot, but I want to say quickly that the biggest lesson is to never regret the past. Be prepared to never see that again

Your number 3 is Avery fantastic approach
And for such a bearish start to 2019, it is best to always cash out when in profits
Don’t second guess or have doubts

Don’t risk the second

The most important lesson from the fullest dip - non-professionals should not get into the sphere of trading and investment, it can be a collapse for them. Unfortunately, this will not stop anyone, as many people are very greedy.

I agree with this. I learned a lot of things about cryptocurrency last year. Since I started focusing on crypto last bull-market, I thought that there's no way for the market to go down and that it will keep growing as time goes by. It's really devastating since I lost a lot of opportunity and money last year, but atleast I have learned this.

I certainly agree with you. It is important that we'll know how to handle both our emotions and that we should be able to handle our emotions towards the market. Once we hold a certain coin, we should not put too much emotions to it but rather learn how to let go when needed. Also, we should know when to hold and when to buy and we should not expect too much from it.

I hope so, people should learn from all the dumps in this market and never get too attached from it and set target price instead. Right now people see cryptocurrency as an investment tool, but hopefully in the future it will be more on using the blockchain system which offer a good one to all of us.

Every crypto user or investor who experienced the long bear market has learned one or two lessons. One of the great lessons that must be recognized and learned is the prevention of FUD. The market went down further because of the FUD that was created by some people because they thought the market was collapsing and in view of that began to spread that false thoughts to others.

it will depend on the exchanges to where some offer direct conversion of fiat to crypto. In that case you can directly earn cash everytime market price pump. Yet, this is not really the feature of cryptocurrency exchange so wether we like it or not we will just going to hold our crypto until a huge market price increase so that one can earn. But, with slight market price volatility with ups and down then only local exchange will going to earn with high transaction fee.

It is difficult to disagree with these conclusions.However, some details are missing that are very important. For example, determining in advance which profit is enough to sell? If we do not plan it before, greed can easily blind us.

To always take profit when you can, I think this a perfect advice and personally it has really helped me during this dip cos I would have been at a great loss if I didn't take the profits when I did

i have no doubts about the positivity of this post, and as 2019 has turned out, we must ensure not to follow the hype.

alot of people invested in etherum due to the etherum hardwork, supposed to start up soonest, but it was postponed and there was a bearish market, lets all be vigilant.

What a nice post.. Very direct and straight. People need to really wake up to the realities of cryptocurrency. Sell when you see profit and move on. Hold a coin only when you see great potentials in it not because you like the team members or sort. A word is enough for the wise.

That is right. Do not wait right moment but know how much you are longing because you would waste your time waiting while you could gain even on the price it has is not lower than other expected. It is how you play with it carefully because luck is always there but do not abuse it and know your limit always.

always exchange your coins right away if you think you can profit a lot from it, dont become greedy as greediness in the world of crypto is a losing battle and always keep it in your mind that cryprocurrencies were so volatile, prices always change in a second and sometimes prices falls or rise a lot in just an hour.

Hodling doesn't have same meaning with falling the love with specific coin. Right moments exist and these moments appear randomly in market.The rest is depend on trader's ability to be able catch it.

Totally agree, very right conclusions. Especially #3. Always need to fix the profits in fiat.

Don't ever hesitate to sell more than 80% of your portfolio when it's clearly a bear market. If only I knew this much earlier then I would not see my coins losing 100x from its all time high and the stress that it gave me for many months.

The part that I always wanted but I never did was to cashout always even only if we earned a small point of profit. Because at that time I am full greed on the tokens that I have and forget what I want, it is the profit.

The main rule in trading or long-term investment is to buy cheap and sell expensive. If you have already made a good profit, and in spite of the situation you want to wait until you get even more profit, it's worth considering!

Lol
Your points doesn’t work in a bearish market
1. If you buy everything you have money how do you make profits ?

Ifgreed is good, then buying cheaper is better

3. If you don’t cash out on the high, when will you cash it ?

If you follow hype ? When do you sell the news ?

Supporting a coin if you truly believe in it is not a bad thing, unless you are really in it purely for the money. Supporting a coin makes trading interesting, kind of like supporting a football team even though it will lead to a loss of funds

I think you are right we have to learn much from the current situation. This is because any time there is a bullrun, a dip is likely to follow so lets always play our part well in order not to make same or similar mistakes.

Selling 80% off at the start of a bear market is not good for investment, why not sell at the pump? Why hold so much beyond the breaking limits of the token.
But we learn daily and can be better each day.

Never to be greedy, exactly. i've got 60% loss on altcoins in last year because i was too greedy. i always keep doing trade even i've gained a lot of profit and i didn't cash out immedeately. i used my profit to trade another altcoins, till i got a big loss.

A major lesson I learnt from the dip is that no one actually knows the bottom, it's all about speculation. Then I also learnt that hodling isn't the most profitable in the short run.

Yeah, good points here, but I'm sure many will do exactly the sames mistakes again when things will happen same way. It's all about greed and when you have an opportunity to make more and more money it's getting very difficult for some peeps to control theirselves - and finally result in a loss..

These are very good rules, although it sometimes happens that it seems that yes, I understood everything, I will now act correctly, and then once, and break down, because you cannot control emotions normally)

All what is being said here is actually true. Greed is what make many of us to lose. One will not be willing to sell a coin or token at little profit but wanting massive profits and before you know it the price dump on someone, I am a victim of this, hoping to be perfect someday.

If this emotion conquer your minds for sure the outcome result will be the same, greed always play the negative side of investors and traders,
even they've already plans and guidelines this particular attitude can't be control in the time that it should be overtaken, this hardship challenge
should be eliminate while you are still inside this market.

Very wise statement that bring very difficult reality. But, I also agree with those statements for all. Never love the crypto at all, we must be wiser and more careful when going to enter the new era of the crypto. Crypto will always be fluctuating because they are decentralized. By not being love too much, greedy, and hope for the big profits, we may be able to control our emotion.

I would add another one: Never invest more than you can afford to risk/lose, specially during dip periods, as you might be driven to panic sell and lose a lot of your investment. Patience is the key when you invest in crypto. You need to keep your head when market goes crazy.

It seems to me that the majority of people who have suffered great losses over the past year will not make any conclusions, after some time other people will take their place - who will also make the same mistakes as their predecessors. In this market there will be very few of those who have suffered great losses but have continued to invest or trade. Most people just went here forever.

experience is needed for satisfying results, over time will increase knowledge that we can use to get the benefits as desired. learning from mistakes is the beginning of the resurrection of fragility.

Biggest dip is the main part of market ups and downs and it is also affect the price of the market. Crypto teach the lessons that always wait for big dip because smart investors always know about right time for investment.

You should always be careful with coins on the falling market, because the price can go down anytime. Moreover, you do not need to be greedy and to await huge profits on this market. Just be patient and wait for the better market.

Sometimes if we do not make mistakes, we do not learn our lessons. This is more like being thought in a hard way, because it might lead to loss.
Even if you have a particular coin that is your favourite, it will be be for you to know when to sell it off, except on rear occasions of some exceptional coins and cases like that are not that common.

The sky was the limit in 2017. It is standard fare in the history of financial markets. After a period of major expansion, comes a period of consolidation.

It seems to me that everyone who works with cryptocurrency faces greedily, that is why we started to deal with it!

One thing to also take note of is trading of a coin. If you prefer to hold a coin because of its potentials then i suggest you learn how trade with it in other to increase your total holdings. During the fall or bear conditions of a particular coin, it is seen that it normally goes up and down but not any significant increase - this is where you must learn to trade with it.

Thanks a lot for good lessons , especially to beginners . Do not be greedy as well, set up a point to get out from the price. Profit is profit.

Thats quite a lesson there and they are all relatable. Every Cryptocurrency newbie should jot them down and apply them to day to day trades to enable them maximise profits on coins

Let's say you have invested heavily in a project during the bull run, then the token price is now nowhere near the price that I bought at. What should you do during this bear run? From my experience I think it is only safe for me that I try to buy the dip to compensate my losses at the moment! Accumulate, hodl and sit back in relax. Let the project flourish and grow. Might make pretty good profit in the future after the bloodiest dip over!

I hate to say this but it's all true.
when I first invest in cryptocurency it was all because of the hype ico was very high at the time and finally I became a hodler despite experiencing profits I never sold it I always became a greedy person and at this time I was truly destroyed because of greed.

The main lesson is that you do not need to listen to the advice of even the most powerful analysts in your opinion, do not trust the market if everyone buys to sell and vice versa.

I love your main point because im already feel that. Some trader also have that experience but the different is they will more careful which is learn from their experience or just let it go. Greedy and fomo really have big impact and all trader also feel that. The different is about how they control their self. Its better we always learn everyday and everytime because some of succes is from failed try but not give up.

The only thing that I can mark as a person who had this situation. No need to lose your head. You have this deposit today, and tomorrow it can really get lost again, as it has been all your life. This is a market and you need to understand it.

yes many people learn from fullest dip like me i learn how to wait more longer and catch the dip so that i can make some good profits in the short period.

Even holding will hurts all the way in the bear market it can be taken as itter lesson when your intention is to trade that coin for more money.But the good lesson we can learn from it is that the prices of crypto currencies were keep dump and bump but the current bump in the prices were more than the previous one so people who are going to buy this dip will see a new all time high for their coins.

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.

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.

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.

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.

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.

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.

The lesson is good, thanks for the advice and help, you will have to try to do everything and strive for the best!

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

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. :D

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.

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. ;D

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.  ;D ;D

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.

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.

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.

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.

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!

These are top rules for all of us. Especially the thing with falling in love with a coin and being greedy

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?

when the price of cryptocurrency falls very deep I can get the most important lessons, the lesson is that I have to be patient and not be too greedy to wait until more expensive because price movements are difficult to predict so I should be able to take advantage of the best prices at the exchange.

I think that the best lesson was for those cryptocurrency users who invested in Bitcoin at the end of 2017. I think that only very careful attention to any information on the cryptocurrency market should bring a good result. You can not blindly believe what you read and hope for those forecasts that strangers tell you, without providing specific facts in confirmation.

I think that under such bear markets will always act herd instincts and people will sell and buy even not understanding that on fact happening.

You are right and this can happen again many times in the future, we all thought Bitcoin is going to reach the moon and will be unstoppable, so when the next bull happen everyone will remember this lesson and will now be very careful on every coin they are holding.

I agree 50% in this market is a lot , I would not expect a lot of money in the bear market , I think if the market was bullish it would be possible to wait for further growth and the market is likely to fall and your profit as well

That's right, after the price increase is fantastic, there will definitely be fantastic price reductions and the market will be very difficult to recover, the reason is because when the market falls, people will switch from crypto and that is what makes the market difficult to recover
unfortunately everyone just likes crypto when the price goes up

At least we have to be at a safe point. Don't hold coins too long, and don't panic too much when the coin price drops. My advice, it's better to experience a little cut loss. compared to having to lose completely.

Yes, and from there everyone will learn and have more experience about cryptocurrency. When looking at the price of the coins they ride, many people decide to wait longer because according to them the price will be higher and in the end what they expect is not the same as the situation that happened. So don't be too greedy, it's better to sell it when you have benefited from it.

This dip also proves another thing, and that is just like any other financial market, crypto has its risks attached. So if you think that you can come in this industry and get rich, well think again. This market is a lucrative but very risky. It can make you rich but can make you bankrupt also.

Being greedy is a very dangerous thing for the investors now only we are realising it but still we have the chances by holding t maybe means loving he coin with the hope of price will increase so I am disagree with point 1.

The crash will teach everyone to know more about cryptocurrency so that they will get experience and knowledge from it. Like a few points you have said, don't just love one coin and greedy because you can benefit from other coins not just one coin and don't be greedy to keep waiting for it to go up and up, liquidate when you have the advantage so you don't regret later.

Most of the people won't learn this lessons and will make all the same mistakes once again, trust me  ;D But this will be fun, we will see it soon I bet :)

Smart people can master everything from the list you listed on their own. Before investing you need to evaluate all the risks. This is what helps then not to regret the loss.

we all got a lesson from this bear market. and now there is hope that in the next cycle of the market we will make money. This is an invaluable experience. each made their own conclusions. everyone got the knowledge and the opportunity to earn on the next wave. if you adhere to the chosen strategy and do not succumb to greed, we get a profit. Patience and waiting. We know that the market will definitely come back and overcome the previous peaks. Withdrawal strategy! And the profit you provided.

These advice is teeming with the entire forum. Do you consider yourself smart? But these tips will never help people. Because everyone has their own way in cryptocurrency. And many have sold their apartments or taken out loans to earn on cryptocurrency. Cryptocurrency is now a means for speculation and nothing more. People have long ceased to develop their products and began to postpone numerous updates. This suggests that everything is coming to an end.

The dip taught me a lot of things but not loving a coin isn't one of them, infact it just helped me identify some coins that I would love more than others and it taught me to be smart when trading.

patience is key. accumulate as many coins that you think will be a good long term investment and keep accumulating while the prices are so low. thats what all the new millionaires from last years huge bull market did before that happened.
 if you want that chance next time we see a big increase then do as they did. hold those coins and be patient. don't take any notice if the value of your portfolio drops, it will rise again. you only lose money if you SELL at a loss. ride the dips and hold on tight

haha of course we shouldn't love coins, only newbies do that. Greedy is also something that is forbidden in the world of trade because it will kill us, the hype in bitcoin I think will be good to follow as long as we can take profits faster than other people.

I think sometimes it is even hard for the smart ones and that’s why nobody is perfect

You can have the correct information and still fall short
Which is why ah investor cannot relent

All of these advices are reasonable! To my regret I didn't follow most of them and lost huge money. At the moment I realise that it was a lesson for me and next time I am going to avoid it!

Basically, the tips you give are helpful. But they are more suitable for short-term investments. When working with long-term investments, the nuances of work change significantly. But in any case, you need to be especially careful about the choice of a suitable project, to ensure the real potential of its development.

I agree that never be greedy, and if possible people should always sell when they see a ATH of some altcoins because i made this mistake and now i don't know if one of altcoin i grow will have that ATH again.

The hardest thing is not to be greedy and kill yourself torment about what you have not done. And never consider a virtual profit that you have not yet recorded. Everything can be lost in an instant.

One thing I learned from books about economics is that they always teach that one should not be greedy and want to take profits at the highest price. Take profits early, earn interest rather than lose

I'll tell you guys that greed is not always the most terrible feeling.  Because it is greed that pushes us to new actions and to new risks in order to earn even more.

Greed is also good, but when needed. e.g. those who greed at the last price drop have already doubled their money. But, on the other hand, those who expect more earnings should think about it a little more. Sometimes I am being greedy too. But everytime thinking this kind of will drain your wallet.

Some of the points that you give often occur when we trade and get losses because we only focus on favorite coins so often I get stuck with falling prices when a purchase occurs, but with that lesson now so I can take a better attitude which is always profitable even a little but continuously.

Of course, each of us strives to deal with those coins that are fully familiar to us.  Studying the graph of growth and price fall provides a real opportunity to get good results from trading.  Agree that new coins carry a big risk because they need to study and analyze the available information in order to draw concrete conclusions.

i agree thats what i also learn during those crash in short term trading
but its not suitable for every coin if you are planning to hold it for long term

I want to set this just as a timely reminder; that can be applicable as we approach another end of the year price movements. Ofcourse 2018 is different from 2020; but crypto currency and the blockchain remains the same. From 1 - 5, do you think anything has changed so far?  or do you have additions? Do inform.

Never to love a coin, I do agree with this statement because no coin exactly will give you guarantee profits, even top coin like bitcoin and Ethereum, etc. All are fluctuating and will pump and dump when the time comes. So your focus in cryptocurrency for taking profits, not only on a coin but on every coin as much as you can

This is a good advice but nevertheless against the rules of HODLERS I don't think people will apply to the top coins in the market. I for one is a hodler and I love to HODL the top coins in the market like Ethereum and Bitcoin and will always not tempted to sell even if there are profit, we are looking for long term profit.

Holders have no time limit for selling, indeed the word holder means a lot when they sell, b
ecause Holders will sell their assets for a long time when someone believes in a 10x or 100x increase, and holders are them.
Of course a holder must be wise, otherwise they will become a holder who will suffer

I agree with you but not condemning putting a lot in a coin. It works for some people and some projects. It's just more risky.

There is a catch here and I like it, what goes up must come down, that's a certainty in crypto space and I've come to realize that bear markets always stay around for a longer time, months and years but not bull market, the longest bull market since 2010 stays around for weeks to two and half months, that's it, so I don't know why people grow the confidence of holding their coins while price are pumping.

What are you looking for in the long term? doesn't everyone here want to make a profit? and if the existing benefits are still ignored, I think you are a little greedy in this matter, and what the OP said I don't think is against the rules of HODLERS, because HODLERS is a wish from someone's heart, while what the OP delivered is a warning that good for everyone.

Good points IMO but I'm still not going to accept getting rid of hypes, following hypes have net me good profits before and I've learnt that hypes are of different types, hype from a high quality project is real, take it or leave it, there is a big difference between hypes from a pump and dump project and hypes from a high quality project, learn to understand that

I would say these points described many categories of people, that is, those who loves a coin, those who follows hype, those who are greedy and so on. Looking at number 4, this has been the bane of many people in this crypto space, where once they see a project with hype, they don't care again to do the right things such as studying the project, but they just jump in with just one mindset, to make profit or quick money, and in many cases they ended up losing their money. Number 3 and 5, I think they goes together, one needs to take profit as at when due while also bearing in mind that, the crypto space is unpredictable and volatile hence in a coin, there must be price correction and so on. Being greedy is another which should be fought off, as it has caused more harm than good.

Extraordinary advice, remember to always take profits when you can, this market is truly unstable and unpredictable. Who might have realized that the plunge would be so awful, there are significantly more clients currently so demand should be higher

The key is learning and learning, because no matter how much we analyze, without the help of the right information, we can make the wrong decision. loss or profit? regret has come later, so we must be ready with a sincere heart, whatever will be the result of the buy / sell decision

A full set dip will occur in cryptocurrencies if everything supports, such as bad news, bearish, coming, the trading indicators meet the criteria,
and of course the chart shows a bearish trend, then a fullset dip will come, and you have to prepare yourself, it would be nice if you are a trader ,
you better set stop lose.

To be honest, I also missed my golden opportunity at the beginning of 2018, if only I wasn't really hopeful then I would have gotten a decent profit. but it's what it's, everything has passed and we can only make it as a lesson that not always profit can be obtained by feeling greedy

Very Normal, a definite lesson, in my opinion, there is nothing instant to reach and get passive income, it takes thought and hard work to get it in a good way and each person does not want to work at bounty to end up in vain and get SC in the end.

Don't let your greediness put in a risk because in my lesson while it was hype in market I still making profits but instead of that it bringa me to hell and having a loss as well.

It's all true that to enter the crypto world we do have to be careful. Don't be greedy by hoping to get a quick profit because all of that takes a process. It should be noted that in addition to the benefits that can be obtained, there are also risks that can be obtained if you are not careful. That's why you shouldn't rush into making a decision because it can be risky. It is important for us to learn from experience so that we can be better in the future in following this crypto world. Don't let us enter crypto we get losses in it

There are a lot more things that people learn from experiencing a crashing market. Aside from learning not to be greedy, they also learn a lot about patience. It is indeed a virtue and it offers lots of benefits as well as profit if you'll get through with perseverance. Greed might be hard to resist considering how much life has been unfair to many but one must know that it brings nothing but much more losses. If you really want to experience crypto's greatness, it would be best you start being strategic and mindful on everything you are doing so that you wouldn't regret it in the end and it will lead you to success.

Some of the biggest lesson that I have learnt from investing in cryptocurrency especially in the bear market is that is never expect too much and you should always be realistic in your expectations and your investment goals because prices of cryptocurrencies can dip but that doesn't necessarily mean that it will stay down forever and also when the price of cryptos are pumping it doesn't always mean that it will continue to pump for ever so it is always good to take profit when the prices are going up and also when prices down you should not panic and sell and also if there is a project that seems like it is not making progress and the team and not really serious about it it is always better to sell off your Holdings in that project and invest in more promising projects.

You're absolutely right. I made mistakes on all points unfortunately.
Once I had a token that I really loved, I loved the community and the project, so I didn’t sell it when it decreased by 80% or more. It was a sign for me to sell off, but I continued holding and then it was hacked.
Also we shouldn’t be greedy and fix our profit, you are right, it is better to have a small profit than to overhold.

This is right, if there is opportunity to take profit when the market is going up then maybe it's the right time and the market will probably go down again.
However this can also cause us to not maximize the profit we get when the market is still going up but we don't know if the market will go up or will go down in the future. That's why technical analysis of the market is needed at the time like this to see if the market will be going up or down although not accurate but can be helpful.

taking profits and rebuy in several time will give us higher profits rather than if we hold it without doing anything. this is the easiest way to accumulate our token , maybe in dollar its value could decrease but when price have natural pump we got alot profits. controlling our greedy could make us have better result, maybe your case will not happen if you didnt greedy.

It seems to me that the majority of people who have suffered great losses over the past year will not make any conclusions, after some time other people will take their place - who will also make the same mistakes as their predecessors. In this market there will be very few of those who have suffered great losses but have continued to invest or trade. Most people just went here forever.

The bitter lessons we have experienced will be the motivation for change in the future, that's why we need to experience it, never love coins more than anything, this will not be good for us.

Greed is the biggest risk that must be removed from investment, pay close attention to the level of profit and loss of each of our investments, stop following the unclear and useless hype, make sure we know which coins are rising and falling in the market, to calculate the actions that make us loss in the future.

right, for an investment, we can't force someone, so if someone tries and fails and then he leaves, then it's their choice. everyone will have expertise in their respective fields, maybe investment is not their field. this if I learn beyond the mentality of an investor. indeed the most fun is to make money according to our skills and hobbies, so that we can do more optimally

Nearly three years that the thread has made and it's during the bear market. And while we're on the bull market this time, we don't know how long it will stay.
So that advice is still applicable and will continually be applicable to anyone that doesn't know what to do. There's a sense with those tips so to those that are confused about what to do, read the tips which will serve you as a reminder.

In Cryptocurrency or any other market people want to buy shares in deep position so they can get huge profit in future but problem is that nobody knows where any go in deep position. I can say if a legitimate share goes in deep position then you will definitely get entry. Eth goes 1700k two times in recent time and give double profit so it is your open choice

Sighs, you are quite right, greediness leads to great and high loss of funds, but on the other hand one can make huge money from it, what I have understood in cryptocurrency is that severity determine the magnitude of the profit or loss, but what I will just point out is that one should observe and understand the real motive of the project and team before taking any decision.

Market crash always has a lesson to teach us, especially for the greedy people who were in huge profit but were still holding hoping so they can make more profits, one of the major lesson or fact we need to understand is that the market doesn't always go up forever, at one oint a reversal is likely to happen and sometimes and it can be really bad like in 2017, acknowledging that fact should help us know that when the market has pumped way too much then its time to take profits and wait to see the next movement rather than continue holding till the market crash.