Learnings from crash

[zynan]

When I was a newbie in trading, I always just go with the flow of pumpers and dumpers and because of that the coins that i bought crashed, I suffered more lost than profits. What I learned from it is that I should never ever listen to a lot of fudders again, i should learn that from now on I need to research first on the coin or token that I am going to buy if it has a potential to gain high value in the future so I will not suffer on big lost or hard crash again.

[alminium]

The market is still not too stable there is still a possibility that will get a correction of this accident You learn that you need to prepare an exit strategy, need to set the lowest price to sell altcoin coins and need to spend more time to pay attention to altcoin. You do not need to panic in selling. It makes a loss for you and for others as well. Cryptocurrancy is a volatile market and panic decisions are often a bad decision in your life.

[evichi]

It is worthwhile to study what caused a crash and figure out how to avoid the crash. It is difficult to predict when a crash is about to happen. News, statements made by certain personalities or celebrities can cause a sudden rise or fall of a cryptocurrency.  If there is a sudden rise of a cryptocurrency , it is a good practice to find out what may have caused it. If you have made investment and experienced a crash,  you decide when to leave the market. Generally,  patience plays a key role. Most times the coin/token will recover. .

[Thanasis]

When I was a newbie in trading, I always just go with the flow of pumpers and dumpers and because of that the coins that i bought crashed, I suffered more lost than profits. What I learned from it is that I should never ever listen to a lot of fudders again, i should learn that from now on I need to research first on the coin or token that I am going to buy if it has a potential to gain high value in the future so I will not suffer on big lost or hard crash again.

But in trading it all matters and also you can earn more by reacting to that FUDs,if there is something negative about bitcoin is spreading then it is time to sell our coins because soon the price will dump and later on buy when the price get stabled then it is time to buy.

[slhardy]

When I was a newbie in trading, I always just go with the flow of pumpers and dumpers and because of that the coins that i bought crashed, I suffered more lost than profits. What I learned from it is that I should never ever listen to a lot of fudders again, i should learn that from now on I need to research first on the coin or token that I am going to buy if it has a potential to gain high value in the future so I will not suffer on big lost or hard crash again.

Regardless of what other people are saying, you need to follow your trading strategy and do as less acts as possible. There always exists a risk of redundant trades that will sooner disappoint you and, what is less pleasant, lock your funds for a long time while you will be waiting them rising. As for me, I don't use a really strong strategy for buying crypto – just choose 20 cryptos on several exchanges and 5 ICO's per year. Wait while at least some of them gain profits, then reinvest. It really helps me to remain calm and limit stress of crypto going down.

[sumanto]

I think paper money with digital currencies like bitcoin in my opinion is very different because the total supply bitcoin has a very limited supply and can not rebuild again, while for bitcoin has a very high limitations because only 21 million pieces of bitcoin can not be more and can not be created again.

[Chronos_angel]

the extent to which We need to study first around the coins or even tokens that individuals will buy if this includes the to get high marks in the future therefore I will not have a large accident that is lost or even trapped again.

[justdimin]

the extent to which We need to study first around the coins or even tokens that individuals will buy if this includes the to get high marks in the future therefore I will not have a large accident that is lost or even trapped again.

But the most important thing is to always stick to a strategy and not look back no matter what. If you want to be a long term investors, be a long term investor and if you want to be a trader, be a trader. However, a lot of people have always worried themselves about a crash since they know they really do not have anything to do about it really.

The market is very volatile and it would take being a trader who is learned to be able to make some certain decisions, but at the end, it is still all about the long or short term profit as the case may be.

[lordmick]

Sharp falls teach first of all always reasonably approach to management of capital, risks and correctly diversify investments. Now my main portfolio consists of the cryptocurrencies from TOP-50. I learned to wait. If I enter a deal on small altcoins, I will do it only with a stop loss.

[jennyluwariz]

The only lesson I learnt is, buy at a low price and sell at high. Don't fall under FUD and sell coins at a lower price. HOLD and keeping patience is the only key to get profits in Trading.

[Kemarit]

The only lesson I learnt is, buy at a low price and sell at high. Don't fall under FUD and sell coins at a lower price. HOLD and keeping patience is the only key to get profits in Trading.

That's not even a lesson, but its a old adage here. I guess that you did make past mistakes and it cost you huge money. As for FUD, nah, I'm no longer bothered by it, most of us has learn to adopt and mitigate risk when their is a FUD to the point that most of us are too feed up and totally ignored it. The learnings from all the crashed that we all have been witnessing makes everyone really prone to any attacks that it will give you a good chuckle every morning drinking your coffee. LOL.

[ivrynx]

The price going down is a normal thing when it comes to high volatile investments like cryptocurrencies,  before the crash happens make sure that you know when to exit when the price is high, though no one acutally knows when it will happen, just set up a price in which you know you can profit, it doesn't mean that you arr going to pull it all out, you're just going to take the gains, and that is called profit taking, so in case the market will fall you already have a contingency plan, just make sure that your gains are high enough for you, but in the event you didn't managed to create that plan, if you are holding bitcoin, just accumalate as much as you can, since the price is low, you can use what you have accumulated to buy altcoins, in this way you are maximizing your potential gains, just make sure your altcoin has a good working project, then once the value increases again, make sure that this time you have a contingency plan, greed is one of the enemies of  an investor.

[jennyluwariz]

We say that the Market has given an opportunity to the new traders to get into trading when there was a crash many of the new traders purchased BTC because it was as low as 4000 USD. Day by day it is increasing the volume and the Market is recovering these days. Don't get Panic when the price falls down suddenly but wait for a good time. Understand the Market and sell it at a good price, though we can not predict when the prices go up, we can set a profit margin and sell it at a profit instead of going Loss. if the price continues falls, don't sell but Keep HODL.

[Layonk]

The main lesson from the previous crash is that the holding is a bad idea. Volatility of the crypto currencies is very high, therefore the trading is very useful, I think.

While Bitcoin falling I noticed that people who have already sold their crypto currency on the high levels try to dump the markets more deep, posting a bad or even fake news.

Trading is useful. You said that because you have the profit from trading. For me both are still useful since we still have profit betwen both type of investment. Think and do wisely then both system will carry us big profit. However i will never judge this because we have our own preference

[wack slacker]

The thing I learned was that it was not too greedy and controlled my emotions. Previously I was too greedy to keep doing transactions and I was getting frustrated. I changed my view of how to manage my money, how to make money. I have learned to choose the best Crypto to keep in the long run. The lesson I learned is to wait patiently to understand a problem and make a profit.

[Monnt]

For me, the lesson is to put stop losses on time, the currency can fall at any time. When the currency is on the rise it is necessary to fix the profit in dollars.

Yes this is very important lesson the market wants everyone to learn. A crash makes you remodel your strategies. Makes you look back at your behavior and response to the crash. Keeping the rule that market will come again to the state of equilibrium will keep you hopeful for good days. Market Crash is not very important, it is the response to the crash that actually makes you rich or poor.

[Kunlejoe0]

No matter how much you learn from the previous market dump, you will still find out on the long run that nobody can predict the market or precisely sell the top price or buy the lowest price at any given time.

[bitgolden]

For me, the lesson is to put stop losses on time, the currency can fall at any time. When the currency is on the rise it is necessary to fix the profit in dollars.

A crash in the market is a lesson the market wants you to learn. This actually gives you the chance to modify your strategies and look back what went wrong and what need to be done to remove the flaws again. Investors in this time of crash need to stay confident and patient and wait till the market regain equilibrium. This is actually what the long term investors do and enjoy the bounties when it is boom again.

[mega]

We must learn from crash,and dobt repet the things done in past.As we know after crash market rises again so if you afford buy more coin cheap prices to recover the losses,Buy and hold with patience till market go up then cash out to recover your money.So dont be panic and early sell.

[rose9696]

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!!!

That's right, we have to get used to that change. although without any bad news about Crypto market, but prices are still going down inexplicably. Anyway, we still have to make a living with the Crypto market, getting acquainted is the best way.
I think we should see it as an opportunity to buy low and sell high. We should not hold any altcoin. Let's move all about USDT, wait for the market to fall and buy. great strategy guy?