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Author Topic: Don't get carried away!  (Read 2478 times)
cryptomadu
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September 01, 2018, 05:17:57 PM
 #41

In the bull market conditions, lots of people will come to the market just by seeing the growth of the crypto. Most of them don't have any knowledge about crypto, market or about the behavior of the market. They are just greedy people. But in bear market conditions the people with some knowledge will come to the market and make profits.

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BTCreward
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September 01, 2018, 05:43:38 PM
 #42

Just invest in the long term and wait for prices to skyrocket. Do not sell at a loss ever. Wait at the moment.

mihtju
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September 01, 2018, 10:19:06 PM
 #43

I remembered the words of a good and experienced trader. It is easy to predict growth in a growing market, but any trader who has been trading for a long time faced not only with profit but also with losses.

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September 01, 2018, 10:22:21 PM
 #44

Everyone in the bear market becomes an analyst and expert in trading.

Well actually this happens when someone starts to invest in crypto, he mostly think that he is a genius in trading and cryptocurrency by giving his own opinion that doesn't have proven technical analysis. The thing that we have to do during this bear market is to wait, be calm and patient all of the time.
I also adhere to this policy. I prefer to pause and watch everything that happens. To make a true analysis of the crypto currency, you need to study this topic for a long time
I'd like watching the market when its going up.

But during the time when its totally down, I feel like I don't really want to see it. I'll tell you guys that its worth watching its very slow movement and now its finally on the uptrend, you'll love on how it goes to the bear market and getting out of it. The feeling was different and the experience is totally worth of a gold.

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Ayobami99
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September 02, 2018, 09:18:51 PM
 #45

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!
I think you last statement should have been ‘always gold this and don't get carried away holding ’ i think that completes it as it is good to know when not to hold too

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Talat10gu
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September 03, 2018, 09:59:06 AM
 #46

Going away will be greata mistake noe because crypto has not beend opened in all its potential and it is very far-sighted doing which will be actaul in the future too.

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September 04, 2018, 05:42:33 PM
 #47

You are so right, this bear market has really thought me a whole lot of things, I have learn to always take profit whenever my coins go so high, even if i don't take all, but at least i should take a little profit.
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September 04, 2018, 09:04:32 PM
 #48

I also considered myself a professional while the market was growing, how stupid and presumptuous I was.  Smiley

Well, not that I meant it this way. You know during the bulls you just watch your tokens/coins do a lot of %. It is only wise you know when to take profit. But in the bear season, only good traders enjoy the ride.
Retro6
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September 04, 2018, 09:11:13 PM
 #49

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!

Timely advice and agree 100%. We are going bull until at least the end of the year so i guess learning period is over, expert period begin.
I think we should all be happy with what we have learnt over the last 9 months so helps us ride the wave of fortune which is so gracefully about to descend upon us. Happy investing everyone Smiley
davisagughalam
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September 04, 2018, 09:16:03 PM
 #50

This should pretty Much be the message now. Don't get carried away by panic, fud, fomo and the rest of them especially seeing reds. The bulls will come back and when they do , we will all smile. This is a learning and maturity period especially for those that came into crypto during the bubble of December 2017 and January 2018.

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bobbyjonathan
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September 04, 2018, 09:20:05 PM
 #51

I mostly try to hold bitcoin and ethereum in the most part in order to avoid all the fluctuations from altcoins, plus, I recommend to aim for long term and just focus on some other activities, if cryptocurrencies aren't your thing, you can still make passive income with it.
solarsun
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September 04, 2018, 09:40:43 PM
 #52

Yes if you did not sell during the initial dump that happened your much better off hodl'ing.  This bear was especially brutal so hodling was punished however most of the time hodling will work.  Given enough time if you bought a good  coin you will win in the end with some patience.
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September 04, 2018, 09:45:57 PM
 #53

you are actually talking about a beautiful subject. most of them think they are experts in the bull market. they are not aware that they are not experts.
reynand
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September 04, 2018, 09:59:18 PM
 #54

when the price of crypto was not stable like this, we must keep calm in dealing with any situation. we must be smarter in managing our crypto assets because it is very important to keep our crypto assets safe. we have to be more careful and be smart to see the opportunities that is available.
shakesbear
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September 04, 2018, 10:15:51 PM
 #55

Yes, that's right, during the bull market, everyone said where to invest, and then these experts were gone.

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September 04, 2018, 10:36:48 PM
 #56

I mostly try to hold bitcoin and ethereum in the most part in order to avoid all the fluctuations from altcoins, plus, I recommend to aim for long term and just focus on some other activities, if cryptocurrencies aren't your thing, you can still make passive income with it.
With the current market conditions, ain't gonna be good enough to think that crypto will be considered as a source our passive income. Cause not all the time we've been in profiting and we don't have any assurance that it will be forever or just gone by tomorrow.
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September 04, 2018, 10:40:41 PM
Last edit: September 04, 2018, 10:51:58 PM by akishang
 #57

I like "bear market is the best period to learn". That is right. This is the only time that we will do some deep dive analysis on what is happening and we would make an extra effort before investing on a coin. Bull run makes us complacent on our investment and the moment we start chillin, the bull run was done. Bear market humbled us and make work for what we are earning.

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Wale777
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September 04, 2018, 10:46:19 PM
 #58

My advice is that everybody should be on at alert, the market can't continue to be like this, things going to change but no one can tell precisely when so don't lose out on the next bull run, try to learn more now in the bearish market, hodl your investment and invest more if you can
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September 04, 2018, 10:47:28 PM
 #59

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!

Sadly is, some people usually didnt care about how the bearish market works. They just know its time to get panic and do others stupid thing. Like cutloss their investment or else. However the people that know to make advantages in that condition also need to be careful.

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September 04, 2018, 10:50:43 PM
 #60

I think it will be difficult for a beginner to cope with his emotions. At first, everyone makes mistakes. Everything comes with experience. And the more experience, the fewer mistakes. But from the beginning, we must train ourselves to be patient. And not to react painfully to market fluctuations.

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