Experience facilitates better understanding

[bonyaserg]

Experience in any work is always needed since experience gives a very correct approach in any work. At the moment, I have a lot of experience in cryptography and I always know how to read the graph of how this or that coin will go on the crypto market. And this makes it possible to sell the coin on the stock exchange and get a good profit.

[ArIMy11]

I think for traders who has loses or altcoins investors with lower profits and more loses.

When your trade goes wrong; It is better to test and practice different methods and strategies over an extended period of time.

Instead of panic investing to recover loss.

Remember experience facilitates better understanding

NB: basically my thoughts and practices method. How do you go about yours??

It always a trial and error in the beginning. Trading of cryptos is like the reality of the stock market. If you do not truly understand,more chances of losing but I consider this an opportunity to gain knowledge since I am not a fan of reading and I can truly understand it when I already have an expereince on it. We need to invest time. Yes do not panic. Too much emotion put in this kind of thing is not good.

[cytpoway121]

to recover assets is of course very difficult because we do not know will go down very far or will go up, if the assets go down not too far you should cut losses and if it is in loss you hold

I think sometimes it is difficult to cut losses.
For example, bitcoin has gone from 8,000 to 6000 in few days.

Traders who are unable to convert to usdt are now hovering over to continue to hodl or cut losses, its a definite difficult situation...

I will reiterate that, despite doing proper researches, we must always take profit

[wingfield_crypto]

    I believe that in the crypto market there are 2 ways to learn if you are a beginner. The first method would be to learn from your own mistakes. This is a method that is generally applied in everyday life and is the most efficient, but it is not indicated on the crypto market because it is about losing money. The second method involves more information and you learn from the mistakes of others. I recommend good information.

[bison]

to recover assets is of course very difficult because we do not know will go down very far or will go up, if the assets go down not too far you should cut losses and if it is in loss you hold

I think sometimes it is difficult to cut losses.
For example, bitcoin has gone from 8,000 to 6000 in few days.

Traders who are unable to convert to usdt are now hovering over to continue to hodl or cut losses, its a definite difficult situation...

I will reiterate that, despite doing proper researches, we must always take profit

dump that happens is very sudden. but we do not despair now, try waiting for the next few days what happens in the market. and I guess for most day traders it will save their money in USDT. but for long-term investments, there must be other strategies to be able to rotate their money again.

[cytpoway121]

    I believe that in the crypto market there are 2 ways to learn if you are a beginner. The first method would be to learn from your own mistakes. This is a method that is generally applied in everyday life and is the most efficient, but it is not indicated on the crypto market because it is about losing money. The second method involves more information and you learn from the mistakes of others. I recommend good information.

I think you are right, But do you know that you can also learn when you do not make mistakes ? By trying out a new stuff and doing things differently.

I think it is hard to learn from others mistakes, because you will not be made aware the steps that led to the mistakes.

And regarding good information, you need to source for that yourself.
Thats why personal research function is compulsory for every crypto currency trader or investor and even bounty hunters.