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Author Topic: Did you learn any hard lessons from Crypto or a an altcoin this year?  (Read 393 times)
Kurisuu9 (OP)
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August 22, 2018, 04:15:25 PM
 #1

What hard lessons, if any did you learn from this bear market?
doge_shit666
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August 22, 2018, 04:21:48 PM
 #2

Actually, this year's cryptographic market has given me many hard lessons. No one thinks the crypto market is so profoundly discounted. No one thinks the discount for so long. And no one dares to predict when it will recover ... Too hard!
Yudhisthir
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August 22, 2018, 04:25:20 PM
 #3

Everyone learned a lesson but in a hard way, we were seeing exponential growth in crypto for the most part and it's about a year we are having a bearish market. Any ICOs were delivering x10 profit, now most of them are going scam. Rather than going with the flow, we should reason our decision and invest what we can afford to lose.

sarasofrup
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August 26, 2018, 09:55:51 PM
 #4

I think the lesson I learnt are those I have always known about, but refused to accept. But this year, my eyes were opened to the possibility that anything can happen with this market at anytime, and it is only wise that we are very careful and analytical when we choose our investments. Also, one needs patience to make it big in this industry.
Vineeta2oct
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August 26, 2018, 09:59:56 PM
Last edit: August 28, 2018, 07:47:52 AM by Vineeta2oct
 #5

Many lessons actually. First of all, anything can happen, so don't expect that just because you have invested something in any coin/token, that coin will surely grow, you may get rekt too if the entry point is not good or the fundamentals are not strong. Second that patience is very much required in the market especially in the bear market, patience can reward you handsomely. Third is that don't follow twitter gurus blindly, DYOR.
mostkey
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August 26, 2018, 10:07:22 PM
 #6

Market movements like this are testing a lot of people to be smarter in utilizing certain situations, because it has become very far down from the beginning of 2018 we have begun to witness a decline after reaching ATH, a very large test for holders who buy at ATH there are many losers with There is also a big drop in profit by taking advantage of every situation, but the opportunity to go up is still wide open so this is my chance to buy more at a very cheap price to get profit in the next few years maybe in the next few months. everything can be a lesson if we receive it well because everything can happen outside of predictions.
abuhazzan
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August 26, 2018, 10:13:10 PM
 #7

anything can happen in the crypto space and you cant just predict anything. I lost a chance of bagging an X10 on WAB because i dont trust the peoject. Now, I am blaming myself

▬▬▬▬▬▬▬▬  Guider.travel  ▬▬▬▬▬▬▬▬
Sylvial
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August 26, 2018, 10:13:45 PM
 #8

This current bearish has me lose some money and it has taught me valuable lessons;

1. Market Correction: I have learnt that a bullish market will not always continue, the market will always find a way to correct itself which is an introduction of the bearish market condition. So thinking the market will continue to be bullish is foolhardy

2. Take Profits often: I have learnt this bearish market to always take profits in the bullish market condition. Hodling should be done strategically. Losing all the gains made during a bullish run in the name of hodling is foolhardy. You can sell the coins in the bullish market and wait to buy the dip.

3. Crypto uncertainties: In the world of crypto anything can happen, nothing is certain.

Lastly, it has taught me patience, which is a valuable virtue in a bearish market situation when sizable losses have been experienced and the crypto world in general.
wayaneka
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August 29, 2018, 03:27:46 AM
 #9

I have to warn my self so never ever greedy and FOMO when bull market, and never ever panic sell when the price in the bottom because bullish and bearish always will be changed. When bull market and we make alot of profit we should be take profit and bring that money in to others asset that has lower risk like gold, real estate etc.

melander81
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August 29, 2018, 03:29:54 AM
 #10

I have learned that there is no such thing as a quick turnaround or profit. You would really have to monitor the movement of the market. I jumped into this space while it was at the peak. Thus I lost majority of my holdings. Although, I have slowly recovered them back and in the profit now.
bbnt81
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August 29, 2018, 03:39:53 AM
 #11

What hard lessons, if any did you learn from this bear market?

The biggest lesson I learned was to stop expecting.
I also learn to learn listen to any random person. No one is going to give you free advice for free money. The market is like a game. The more noobs there are, the more money professional traders could make.
Those professionals just trick us everywhere to fail in order for them to have big wins.
yanto@1977
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August 29, 2018, 03:41:54 AM
 #12

What hard lessons, if any did you learn from this bear market?

I learn about market control, even I have best strategy market has their own answer and maybe I don't like it at all. I have everything I need from knowledge, fund and crypto group place to sharing strategy. We think hard and take one step to still create income and fail. I don't think about reality, meaning I only see from number not from history. But I'll keep fighting for better life.

zanezane
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August 29, 2018, 03:43:14 AM
 #13


2. Take Profits often: I have learnt this bearish market to always take profits in the bullish market condition. Hodling should be done strategically. Losing all the gains made during a bullish run in the name of hodling is foolhardy. You can sell the coins in the bullish market and wait to buy the dip.


I'll go with this. I admit that I once been greedy for hoping for more profit during the bull trend as I was waiting for more uptrend thus the market turn it sideways and I left hanging with my holdings. So instead that I'm sitting on my profit I'm now waiting for the market to go green. I don't want to cut lose either.

So yeah don't be too greedy for profit. If you know that you already have, take the profit often.

gredisgold88
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August 29, 2018, 03:44:09 AM
 #14

What hard lessons, if any did you learn from this bear market?
You can't learn the price of a coin - that's the lesson I got.
if someone claims to be able to predict the price of a coin then he will become a bill gates.
dobidobi88
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August 29, 2018, 03:46:12 AM
 #15

What hard lessons, if any did you learn from this bear market?

The crypto currency market this year provides a lot of learning to individuals with varied things. The fall of the market makes every individual who is involved in crypto think hard to be able to deal with the market wisely and still benefit.
jossiel
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August 29, 2018, 03:52:30 AM
 #16

I've learned the same lesson as last year that there's no need to panic. It doesn't suits the timing of the market if you bought at high and you will start to panic and will think of bad things to the market. As a trader and holder that won't help your mindset to remain positive.

And to be fair, you have to do and fight every correction. How? it's very simple, buy at least any coin at their cheap rates.

guanyikclkv8593
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August 29, 2018, 04:07:09 AM
 #17

What hard lessons, if any did you learn from this bear market?
It is not so hard but I still learn soething from it. When the bear run comes, I lost a lost of money becasue I sell most of my coins in low price. So now I know that I need to be patient enough to wait for the real good time to sell the cois in order to make more money.
coinnoma
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August 29, 2018, 07:42:43 AM
 #18

Yes, here. I have a very difficult lesson that I learned and my brain has difficulty digesting it for use as information. The lesson is the ups and downs of charts on the market. I don't understand how people predict the market accurately, and that makes me think hard about how to predict it. I hope friends here can teach me how to accurately predict crypto prices on the market.
Apiapik
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August 29, 2018, 07:46:26 AM
 #19

The collapse of the market makes every individual involved in crypto think hard to be able to handle the market wisely and still benefit.
This year's crypto currency market provides a lot of learning to individuals with a variety of things.
CAPTAINPLANET
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August 29, 2018, 07:51:47 AM
 #20

i learn lot of HARD lesson this year,  past year is like Golden Era of Crypto World in every trade i get some good profit but this year i want to forget that i have those coin with me as they are very much less price now from which i bought it. will wait for right time and the fun part is i don't know when it will be.
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