The main lesson that I got after this correction - is to leave the market as soon as it is going to go to the correction.
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I only trust cold wallets, the protection of which is vested purely on me. Shifting responsibility to someone else is pretty stupid.
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Yes, it really is. If bitcoin dies, Then the whole crypto-sphere will die, at least if someone does not try to replace it with another project.
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I think that at such moments, if you are not trying to enter the position, then it is better not to look at all what is happening in the market.
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We have at least some panic, came to the levels that people have been waiting for a long time and wanted to see. As you can see, there was a rebound from the level of$ 3200.
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Because they lose so much that it is impossible to sell, because too much loss, and to increase the position is not possible.
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Quality diversification and splitting money between multiple exchanges. Here are the main ways to control the risks on my part.
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I think unification is a much more possible outcome. Banks are trying to implement the blockchain in their activities, and everything else is just a matter of time.
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I think we had to understand when I saw the hundreds of websites that are similar to ICO, in which people still invested. If people still make money, why do something to upgrade?
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Do you think this is a well-considered decision? Look at the situation around altcoins. Investors just don't want to look in their direction.
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This is the main part of the investment that should be used. Without quality diversification in the current fall, I would have lost everything I have.
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If trading is considered a profession in other markets, then why can't this profession exist in the crypto market? If something brings you profit in the time interval, and it suits you - it can become your job.
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ICO fall 2018, it's like snow in July. Almost impossible, but if you show up, everyone will know. I haven't seen snow yet, have you?
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I would really look at the statistics of who most often drops the coin rate. It seems to me that these are small-hand investors who come for a quick profit.
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The reward decreases every day. If you look at the whole situation realistically, you can understand that here without the initial investment is very difficult to earn.
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I think panic and some rash actions in this market are unacceptable . You must act strictly according to your strategy .
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What is your purpose? If it is earnings in a short time, then I advise you to buy altcoins. With them you can achieve the desired result.
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This event is significant for any coin. Firstly, it is an indicator of the project's viability, and secondly, it is an incentive and an opportunity to increase the company's capitalization.
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People don't like to hear the truth, but they won't avenge it. It all depends on who it is aimed at. If it is ordinary people - not scary.
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I think those who did not sell at the last drop of Bitcoin, are sincere fans of the industry and they believe in cryptocurrency.
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