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Author Topic: Learnings from crash  (Read 1091 times)
Nylelyn
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February 15, 2018, 12:29:53 PM
 #61

For me the market is still not too stable, there is still chances that it going to have correction, from this crash I learned that I need  to prepare the exit strategy, need to set the bottom price to sell the alt coin and need to spend more time to pay attention to alt, most of my alt are stuck and I will need extra patience to make profit this time since the price of alt is falling too deep
Yes we can say right now that the market is not stable, there are many reason behind it. It could be correction of bitcoin price or due to the panic selling of investors or any other reason. The best thing we can learn from this crash is to continuously trust that these are all temporary only and bitcoin and all other cryptocoins will regain its value and will still rise up again. The market will be alive again and we shall take home enormous profit.

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February 16, 2018, 05:01:47 AM
 #62

I have learned to change the strategy according to the market, now only holding is not that beneficial as it was before because market has become too much volatile as compared to past.
To invest in some leading alts will be good if you can stay connected with the market and can take quick and wise decisions with respect to the variations of the market.

The biggest learning from the previous crash is never listen to the hypers, spammers, and analyst. I should trust my personal judgement and never depend on others. Study hard to learn the technical and evaluate the hypothesis made. In trading never trust others because the motives are not clear whether it is good or bad.
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February 16, 2018, 05:13:10 AM
 #63

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!!!

People always make the wrong decisions when they're panicking, and learn from them. This is a valuable experience.

Volatility is almost an inherent attribute of cryptocurrency! Now the market is recovering.
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February 16, 2018, 05:40:21 AM
 #64

This is entirely true, you should NEVER SELL on the dip because you should take care of what you have started. For example, you bought at the dip, and it rose so high, and dips again. Don't sell, you got a good position on the trade.
We have learned a lot from the bitcoin price when it was down. Yes don't sell and we should learned to be patient when market is very unstable. In this trend we can earned a lot so let's just be patient in this market.
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February 16, 2018, 09:49:05 AM
 #65

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 really have learned that through that crash we have to take some loss before it becomes a great loss in the end. And be a patient trader all the time.
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February 16, 2018, 10:24:00 AM
 #66

This is entirely true, you should NEVER SELL on the dip because you should take care of what you have started. For example, you bought at the dip, and it rose so high, and dips again. Don't sell, you got a good position on the trade.
We have learned a lot from the bitcoin price when it was down. Yes don't sell and we should learned to be patient when market is very unstable. In this trend we can earned a lot so let's just be patient in this market.

Yeah, each of us was learned due to our experienced about the performance of bitcoin and in some situation we can't easily control our emotions especially during downfall and we feel so depressed and disappointed, trying to hold as much as possible but in the end we sell it because we want to cut our losses which I did it before since on that time I need money and I have no choice but to sell. Now, I hold some shares of bitcoin and hoping that I can hold it as much as I can so that in the future I have a great amount of profit which only a matter of time can tell.
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February 16, 2018, 10:44:35 AM
 #67

This big crash is a another experience, i learned a lot from it.
Like, even though your coin is very popular and very good theres always a posibility that it may fall, so always be ready. Trusting your coin is very important and always have faith on it. Invest more when its price fall and gain profit when its high.
And i know all this experience will teach me more and it will make me become a good bitcoiner.

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February 16, 2018, 11:32:35 AM
 #68

The crash itself last mid-January to early-February taught me an important lesson. Not to be too much greedy on my holdings. I failed to diversify my options during the time we experience the great crash.

Like Datum for example, I want to sell some, but I am in FOMO (Fear On Missing Out) mode that it can reach beyond $0.13. Now the value is almost $0.06, and if I cashed out at least half of it, I might end up having a good amount to buy some coins/tokens that I don't want to miss, and the other percentage will be for my basic needs.

It's what my Australian taught me not to have too much greediness by holding all of it rather than to sell some and diversify to buy other altcoins.

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February 16, 2018, 11:58:21 AM
 #69

It doesn't really learn me something new, but it reminds me that investing can be a dangerous game. After the euphoria we knew in December, I  have lost sight of the risks involved in crypto . But finally the crash had benefits, I had be able to buy other coins at an interesting price

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lvincent
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February 16, 2018, 12:05:37 PM
 #70

For me there is always a big risk in crypto market no one knows what's gonna happen next so i need to be extra careful on making my decision. It is hard to know if the market is gonna crash or gonna rise but by taking some analysis you can find a hint although there still no assurance your gonna profit well.

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February 16, 2018, 12:10:47 PM
 #71

if you learn to hold from this crash than this is the best income and experience for you..
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February 16, 2018, 12:11:48 PM
 #72

For me there is always a big risk in crypto market no one knows what's gonna happen next so i need to be extra careful on making my decision. It is hard to know if the market is gonna crash or gonna rise but by taking some analysis you can find a hint although there still no assurance your gonna profit well.

But the beauty of it is by the crypto risk we can earn more $ on it, remember risk are always behind in every steps on crypto trades or by investing on ICO's but the matter of safeguarding our money will be up upon us since we are the one who's evaluating some coins and evaluation to bottom until the tip of the project is must on this since we are not only putting some money but aswell as some efforts.

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February 16, 2018, 12:18:27 PM
 #73

The greatest lesson I have learned from the crash is to inculcate in my mind that red days in crypto is same as having menstrual period wherein I want it to end immediately because I can't to do the things I was accustomed to, I learned how to hod literally.

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February 16, 2018, 12:26:09 PM
 #74

The greatest experience you acquire during a crash, is probably to learn to stay cool and normal during its course (maybe play some new RPG game or start a new TV series so that you don't pay attention  Grin), it always passes and destroys some panicking noobs with it, but not you strong people.  Smiley
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February 16, 2018, 12:26:15 PM
 #75

The greatest lesson I have learned from the crash is to inculcate in my mind that red days in crypto is same as having menstrual period wherein I want it to end immediately because I can't to do the things I was accustomed to, I learned how to hod literally.

The drive of the people make them a loser for the current huge dip comes and that one is the biggest lesson I learn from the crash since from this event I really make sure that I secure my capital first and next the profit so that if the huge dump will came I will not lose huge money just what like happen now, But let's also think that this dip will be a golden days for us to recover what are the losses we've got since we can earn with the dump alts.

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February 16, 2018, 01:04:39 PM
 #76

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 One thing, being patient is the main key to survive in the crash. As long as you have your goal and as long as you know how to become patient and have a wise decision you can conquer this no matter what. We must know that crash is like problems in life in order to conquer those downs and problem you must need to become positive and become a believer you must believe what your plans.
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February 16, 2018, 01:37:46 PM
 #77

I became more aware about selling in the correction period. Never sell at the price lower than you`ve bought. when the coin is gaining profits, don`t believe that it will be infinite, you need to cash out the profits.
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February 16, 2018, 02:14:13 PM
 #78

From crash it is clear that it is common and surely price will increase again. Has heard about the same in the past, now experiencing the same. Hope this will give the strength to tackle any sort of price fluctuation that happens with cryptocurrencies.
It is true that the crash that bitcoin experienced is just a common thing for it to develop and improve its system and transaction as well as its value in the market. And information or the process of learning the right information about the crash is a good thing to bitcoin where it could increased people support and may continue to support bitcoin in terms of having an investment to a an open opportunity of bitcoin when its price is low or dump.
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February 16, 2018, 04:02:51 PM
 #79

Always verify the cause of the crash, weather it is manipulation or correction. Through this, you can come up with the plan when to put more into your investment or pull your money out. I gain some profits even when the market was falling because of this.
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February 16, 2018, 04:11:53 PM
 #80

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 One thing, being patient is the main key to survive in the crash. As long as you have your goal and as long as you know how to become patient and have a wise decision you can conquer this no matter what. We must know that crash is like problems in life in order to conquer those downs and problem you must need to become positive and become a believer you must believe what your plans.
Patience is the key together with a proper control of your emotions since seeing price crashes wont really be an easy thing specially when you are not ready on it. Seeing reds might really give you a panic anytime when you do see it on the very few times on your trading career which would mostly end up on making cut losses or panic selling. Learnings will be there once you do gain experience along the way.
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