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Author Topic: Don't get carried away!  (Read 2413 times)
NikkiS
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September 26, 2018, 04:13:03 PM
 #141

They have so many people in here are expert on when the bull market or bear market. But for me i'm just holding my coins that ill have and wait the kind of bull market or bear. All i need to sell my coins into a high price but for now it cant because the market was always in red situation and low prices of coins. So it was hard to trade or sell my coins so ill need to wait a little more.
Even a newbie will always claim to be an expert when it comes to a bullish market as my grandma can even call market shots in those periods. The best time to know how good you are and to learn as much as you can when it comes to making good market decisions is during a bear market as that would really enhance your experience when it comes to trading a difficult market and when the easy one comes, you will find it so amusing in the long run.

Crypto market is different from vegetable market or traditional market. No one can predict in terms of price. We really need a lot to learn about mistakes in a bearish market. Don't lose continuously. Keep the spirit!
Even in the vegetable market or the traditional market, can you predict exactly what would happen to the price of the items you want to buy tomorrow? Not at all and even though some of them are fixed, they can be changed. No one can predict the future and that is the best way to always look at things. However, the readiness to learn is one thing that a lot of people really do not take into consideration and like the OP said, the best time to always learn is when conditions are not naturally favorable.
someone recently said this phrase: only in this market we really can learn to trading. And I think he's right, because everyone can make money in a growing market, but not on this like now. It's time to learn and gain experience.

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September 26, 2018, 04:14:12 PM
 #142

If one decides to make rich from small capitalization, it is necessary to follow seriously and definitely have to choose coin with real platform application, not buying rambling because many coin will disappear over time.
If you do not have time to watch or experience FA analysis (the basic value of coin) then it is best to hold to the moon blue coin.
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September 26, 2018, 04:17:29 PM
 #143

Keep your eye on the ball, dont take excessive risk and you will do very well in this space as an early entrant (still).
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September 26, 2018, 04:26:22 PM
 #144

Bear market is indeed the best time to learn and unlearn in cryptocurrency trading and investment.  But the learning curve for cryptocurrency activities is long one and it never stops even during bull market.
There is a crypto currency market. I think that a bear market or a bullish trend here is not such concepts. Just buying and waiting. Lucky then SUPER
well holding or waiting isnt good if we always do that. sometimes we must cutloss too in order to reduce our risk
well, it depends on market condition. dont forget to stay realistic!

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September 26, 2018, 04:42:05 PM
 #145

Allways remember, "In bull market everyone is an expert but Bear market is the best period to learn"

In addition, the 3rd day in bear market shouldn't be neglected!

Always hold this and don get carried away!
This is something that I have been claiming for a lot of time, making money when we are in the middle of a bull market makes it seem as if everyone was a great financial genius, but it is in the bear markets when you see those that are really good at trading and investing, there is a lot of money to be made even in this bear market but you need to be very smart to see it.

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September 26, 2018, 04:49:30 PM
 #146

Bear market is indeed the best time to learn and unlearn in cryptocurrency trading and investment.  But the learning curve for cryptocurrency activities is long one and it never stops even during bull market.
There is a crypto currency market. I think that a bear market or a bullish trend here is not such concepts. Just buying and waiting. Lucky then SUPER
well holding or waiting isnt good if we always do that. sometimes we must cutloss too in order to reduce our risk
well, it depends on market condition. dont forget to stay realistic!

You are right we need to be realistic and we need to recover our loss, once you already experience to lose your money that is the time that you need to face how risky crypto is.

 
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September 26, 2018, 04:58:08 PM
 #147

You know there are different people in crypto market. One are long term inestore, who buy coins and hold it for years, because they believe in it. Second are professional traders who can easily make profits even when the market is bullish. And there are also people who invested money and they expext that crypto will make them rich and in very sort term, and when the uptrend changes to downtrend they are giving up and complaining. That's not right
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September 26, 2018, 05:09:26 PM
 #148

Bear market is indeed the best time to learn and unlearn in cryptocurrency trading and investment.  But the learning curve for cryptocurrency activities is long one and it never stops even during bull market.
There is a crypto currency market. I think that a bear market or a bullish trend here is not such concepts. Just buying and waiting. Lucky then SUPER
well holding or waiting isnt good if we always do that. sometimes we must cutloss too in order to reduce our risk
well, it depends on market condition. dont forget to stay realistic!

You are right we need to be realistic and we need to recover our loss, once you already experience to lose your money that is the time that you need to face how risky crypto is.

It is up to you if do you want to cut your losses, but you should know that before entering in crypto world especially in investing, you should know on how's it risky. Learn about the movement of market, for sure this kind of situation are pretty normal to all professional trader and investors.
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September 26, 2018, 05:20:24 PM
 #149

Bear market is indeed the best time to learn and unlearn in cryptocurrency trading and investment.  But the learning curve for cryptocurrency activities is long one and it never stops even during bull market.
There is a crypto currency market. I think that a bear market or a bullish trend here is not such concepts. Just buying and waiting. Lucky then SUPER
well holding or waiting isnt good if we always do that. sometimes we must cutloss too in order to reduce our risk
well, it depends on market condition. dont forget to stay realistic!
If you know how to play well cutting losses can give another chance to recover back, it's always a must to have additional plans when you are working with unpredictable market, though we do our research there's still a time that our target wont be hitted and we need to move forward and accept some failures
but not to give up but continue to have good progress analyzing situations.
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September 26, 2018, 05:59:52 PM
 #150

Allways remember, "In bull market everyone is an expert but Bear market is the best period to learn"

In addition, the 3rd day in bear market shouldn't be neglected!

Always hold this and don get carried away!
This is something that I have been claiming for a lot of time, making money when we are in the middle of a bull market makes it seem as if everyone was a great financial genius, but it is in the bear markets when you see those that are really good at trading and investing, there is a lot of money to be made even in this bear market but you need to be very smart to see it.
Agree that after first unsuccesful trading the feelins are like that, but after you start loosing on the market, you are understand that everything is not so easy. But I would add that except knowledges you should have strong nerves for good and successful trading.
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September 27, 2018, 08:27:13 AM
 #151

a year ago, when I was just starting to invest in cryptocurrency, I said to myself - if nothing happens, do not regret it!investing is a risk,and if I succeed I will be happy, and if not - at least I tried.
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September 27, 2018, 08:35:41 AM
 #152

Allways remember, "In bull market everyone is an expert but Bear market is the best period to learn"

In addition, the 3rd day in bear market shouldn't be neglected!

Always hold this and don get carried away!


there are actually many options you can do when the market is bleeding. one of them is to do a short trade to bring profit, it's a good option if you want to survive in this industry.
and if you want to do other things, of course you have to fill your life with lots of experience.
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September 27, 2018, 08:39:53 AM
 #153

The market is always unpredictable, and I agree with you that we should learn more in a bear market.

We can buy more COINS at a lower price. We have to train ourselves to be patient, and enough patience will pay big dividends for me.
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September 27, 2018, 09:18:07 AM
 #154

the best period will always exist when our position is again in the golden period in this forum or bitcoin, if it is not bullet market, everyone will get lost in essence

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September 27, 2018, 05:30:08 PM
 #155

Trading and investment in cryptocurrency required firm commitment to your objectives. Money have a way of turning everything into emotion including rational decisiob making, don't be deterred!

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September 27, 2018, 06:21:50 PM
 #156

Allways remember, "In bull market everyone is an expert but Bear market is the best period to learn"

In addition, the 3rd day in bear market shouldn't be neglected!

Always hold this and don get carried away!

aahah yes very good words mate. i think same like you. in bull everyone acting like experts. but in bear market also all of these experts rekted .
and yes i lost too much money during bear market. but i learn too many things because of my loss. if i didint loss money i cant learn.
because of that i am happy  because of i lost money. i can earn money again but earning experiences more hard than money.

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September 27, 2018, 06:30:31 PM
 #157

You are right the best time in crypto is when market is down, its a good opportunity to get hold of some coins which you believe it will yield good profit when the market boom again but out of panic you see people most especially the beginners dumping their coins that supposed to of huge profit to them in the nearest future.

Yes patience is one key now. With the amount of people dragging new investors into hell it will be hard. Making FUD and speculations which do not have basis just so they could dump the price again. Who would buy afterwards? Those who made the FUD are really the buyers.
Wise but evil.

If one decides to make rich from small capitalization, it is necessary to follow seriously and definitely have to choose coin with real platform application, not buying rambling because many coin will disappear over time.
If you do not have time to watch or experience FA analysis (the basic value of coin) then it is best to hold to the moon blue coin.

Correct. That is why I do believe in those ICO company that are not going by what traders want. Listing early and neglecting the road map. They cannot be that weak to grant the wish of traders but rather ask those who are really invested with them.
A lot of ICO did this making their coins depreciate in just a manner of time. Why? Traders win with manipulating the price.
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September 27, 2018, 06:40:21 PM
 #158

You're right but people will always choose to learn the hard way. Which is okay because that's how markets are natural  Wink
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September 27, 2018, 07:51:38 PM
 #159

Allways remember, "In bull market everyone is an expert but Bear market is the best period to learn"

In addition, the 3rd day in bear market shouldn't be neglected!

Always hold this and don get carried away!


there are actually many options you can do when the market is bleeding. one of them is to do a short trade to bring profit, it's a good option if you want to survive in this industry.
and if you want to do other things, of course you have to fill your life with lots of experience.

While the market is bleeding like now, I join the analysis team to learn and devise strategies for long or short margin commands.
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September 27, 2018, 09:36:17 PM
 #160

Yes, just because of the bear market we experienced this year, i faced so many challenges and i was able to scale through so many of them. These challenges faced have really helped me and made me a better person. I learnt knew things that i never even knew.
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