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Author Topic: Learnings from crash  (Read 730 times)
MiF
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May 27, 2018, 07:04:55 AM
 #221

The only thing that I learned from this year's crash is to sell my altcoins quickly before it happens. The market fluctuates much faster unlike last year that your long month of holding pays off but now not anymore.

If I knew that the markets falls 40% of the value since the price spiked high, maybe I sold those holdings I have and use the money for house repair. The learnings from crash made me learn, and it gives me a reason to sell an asset while the value is high so I won't wait for another chance.

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May 27, 2018, 07:40:42 AM
 #222

I've learned that I should not fear when the market crash. At first, I am scare to buy coins because I am thinking that cryptocurrency may lose its value. But as I studied cryptocurrency, I learn how it really works. By that, I learned that buying during dips will help us to become more profitable.

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May 27, 2018, 11:28:31 AM
 #223

I've learned that I should not fear when the market crash. At first, I am scare to buy coins because I am thinking that cryptocurrency may lose its value. But as I studied cryptocurrency, I learn how it really works. By that, I learned that buying during dips will help us to become more profitable.

that is good for you because you can learn from the crash itself and I hope that you can use your knowledge to analyze the market before you decide to buy and sell. we are learning from a crash in many ways and I am sure that so far, we can take a good lesson from the crash itself so we could survive in the cryptocurrency. I think we are going to see the crash in the future and we still need to be careful and prepare for the crash if it's happening and we can solve the way to get out from the crash.


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dadabosade67
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May 27, 2018, 11:41:50 AM
 #224

What do you feel you have learned from the crash (if anything)? I think the market has gained a little bit more stability now, and therefore it is nice to look back on your own thoughts and the decisions you made when experiencing such a crash.
Personally, I learned that I need to continuously, as markets grow, 'take off some risk' and allocate some profits from alt into ethereum and bitcoin.
In the same regards, I will also begin to allocate small percentages into $ so that I can gain more on crashes like this one.
Lastly, I once again got confirmed, that in crypto we see huge volatility and that is just something we have to live with - for now at least. Never panic sell in corrections!!!

I learned that always choose the best time to exit and re-enter. I lost so much to learn that special lesson and hope that it will not make the same mistake again

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August 17, 2018, 01:53:39 AM
 #225

If I don't crash in trading, maybe I can't collect my Bitcoin until now.

Accidents in trading are necessary so that we can get to know the wider market.




















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August 17, 2018, 05:47:46 AM
 #226

There’s a huge volatility in crypto world, one day it is at 8k, the next day it’s already down to 7k.  This is talking about bitcoin - the most stable of all.  What more for low cap altcoins - 50% swing in a day is sometimes normal.

In investing/trading in altcoins, i suggest to diversify the portfolio. Or put much into bitcoin for mor stability.

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August 17, 2018, 06:32:27 PM
 #227

What I have learnt and gained from these crashes are that, its good to take constant profits as the value of your holdings go up rather than allow the price to crash down when the bear market sets in. This is what I learnt and I learnt this the hard way

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August 18, 2018, 01:08:14 PM
 #228

If I don't crash in trading, maybe I can't collect my Bitcoin until now.

Accidents in trading are necessary so that we can get to know the wider market.

Yeah and it will make your nerves solid since you'll know how it feels and how it is to see your funds go down first hand. You'll learn a lot more in these circumstances than when you're always being lucky.

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August 18, 2018, 02:14:01 PM
 #229

I learned that it will happen again. Put my buy orders low and if I miss, just wait for another one. It start to look like its easier to chase bears than bulls!

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August 18, 2018, 02:16:39 PM
 #230

There are many lessons to be learnt during this market decline.  It seem when bearish sentiment overshadows the market,  there is nothing one can do.  I also learnt that soloing pressure increases during bear note than any period in cryptocurrency!

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