DikkieD
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October 01, 2018, 09:08:28 AM |
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I agree, I learned many valuable lessons after investing most of my savings in ICO's/crypto back in December/January...it still hurts, but I was able to average down since. Next time I will sell at fixed moments set in the past. I will sell small portions, not whole positions, but I will most definitely not wait until ath and then wonder why I didn't sell (part of it) sooner. Bear/bull is a normal process, I'll just embrace it next time and hold with only a part.
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Franky2tor
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October 01, 2018, 09:37:55 AM |
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True. And as much as possible do not fight the trend because it will destroy your portfolio. If you did enough research then there's a good chance that your chosen coin/token is not a shitcoin and will creep back up sooner or later
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BADBITCH
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October 01, 2018, 09:30:06 PM |
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Lessons from the bearish period says that not every shitcoin is a shit coin And it also taught that every coin can be manipulated and pumped to a high price
Or manipulated and dumped to a ridiculous price There is need to be confident on tokens we hodl
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Sanmark
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October 01, 2018, 10:42:18 PM |
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Know how to recognise signs of bear market before it hits and sell! That would be definitely best knowledge that I could want.
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BitcoinGuruOne
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October 01, 2018, 11:01:41 PM |
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Disappointed with OP . These are very general things and how the " research " would have helped for investors who for example invested when ETh was ~400$? ( which is 1000$ less then its ATH)
Some thing are impossible to know, Some can be predicted, possibly if some investors did some reading before invested in btc @19k$.
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Pamahaw
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October 01, 2018, 11:17:19 PM |
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2. never stop believing in urself and when things go wrong, u will learn a big lesson and be happy u did your best than following a footstep u know nothing about,
Experience would be a good teacher and it is applicable here in crypto world. You may experience some not nice things here but be sure to make it as a challenge that you would not repeat that the same mistake again. Even in bearish market, you will still make profit and that is one lesson i've learned through experience.
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batang_bitcoin
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October 01, 2018, 11:31:34 PM |
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3. Sometimes we are also wrong with our observation so be open with others suggestion. And if you see that they are correct and helpful, admit the fact that we aren't too good enough for ourselves and use it as a way to improve your knowledge from this bearish trend. Too much confidence will also lead you to fail if you aren't going too broad with it, there should be balance in everything.
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granchio
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October 01, 2018, 11:38:34 PM |
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Let's recap the lesson from the recent bearish run, before u invest in any cryptocurrency.
1. make sure u do an intensive research, 2. never stop believing in urself and when things go wrong, u will learn a big lesson and be happy u did your best than following a footstep u know nothing about,
Good luck
I also think that intensive researches about the coins are very important. As you said, I am always trying to do my best, and I think that this bearish run have showed us that, waiting for the better prices to make buying can take a very long time.
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Inkdatar
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October 01, 2018, 11:41:28 PM |
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Always make time to research on your own before you make any decision when having an investment in crypto. Above list could help so actually price movement cannot be predicted and never panic selling that will resulted at all to lose. Bearish trend can happen so the important is let us make a research on the coins we hold.
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bitcoinbuyer
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“The Premier Digital Asset Management Ecosystem”
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October 09, 2018, 10:13:25 AM |
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Each type of run is special and knowledge about bearish one gives a lot of new skills like patience, being ready for work and to be attentive very often.
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Thanasis
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October 09, 2018, 10:16:26 AM |
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When people invested the money which can be affordable for them then they can hold it at any situation but we people are investing on the short term basis which is that money needed for something in future and some people even invest the loan amount so they can't do anything other than selling for the low prices because they need to pat them back.So the must important lesson is never invest more money that affordable for you.
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Red-Apple
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October 09, 2018, 10:28:07 AM |
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the biggest lessons that these dumping periods that are properly long teaches the newbies is that being a bag holder of altcoins is the worst decision that you can make in this market. because the dumps are not something you can avoid, they do happen and the prices crash hard whether you bag hold or not. so the best decision is to sell when you see others are dumping so that you can prevent losing 90% of your investment.
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NavI_027
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October 09, 2018, 10:35:50 AM |
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u will learn a big lesson and be happy u did your best than following a footstep u know nothing about
If that big lesson also means big lose then it's not as simple as that. We are all talking about money here — a vital part of human. In reality, you can't say "Nah, nevermind" when you lose money (unless you're very rich), it means a lot to you because you are depending on it for sustatining your daily living. Furthermore, let go, move on then continue to be positive is also very hard to do when you lose money especially those bigger amounts that is why you should avoid committing mistakes as much as you could. If you made something wrong then make it last as well, always set your mindset on that manner. Yeah! I know that nobody's perfect but I'm pretty sure that you don't want your journey as a crypto investor was full of downs, right? Of course you aim to be the best at all times .
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hell_slayer
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October 09, 2018, 10:53:32 AM |
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I guess you're right . Those who survive this bear market will learn a lesson from their mistakes and will not allow their repetition in the future, because they will become much smarter and more experienced. It is important not to sprinkle ashes on your head, because this market is still ahead, and your experience will help you earn on it in the future.
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matico
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The Standard Protocol - Solving Inflation
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October 09, 2018, 10:59:43 AM |
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I will like to add been patient to the mix of what we should learn from the previous bull run. What seem wrong today might turn out for better tomorrow! While you wait for your coin to develop in to what market will perceived as value, you should learn all you can about cryptocurrency, trading and investing!
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matchi2011
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Buy $BGL before it's too late!
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October 09, 2018, 12:34:25 PM |
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I guess you're right . Those who survive this bear market will learn a lesson from their mistakes and will not allow their repetition in the future, because they will become much smarter and more experienced. It is important not to sprinkle ashes on your head, because this market is still ahead, and your experience will help you earn on it in the future.
Good catch, it can be a basis before making any decisions inside this business, what we experienced will bring us more knowledge and understanding on how to make good judgement not to make same mistake again, this how we treat things in a positive ways, allowing you to grow from each decisions that you make and always find wisdom and knowledge converting anything to positive results.
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ambisyon
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October 09, 2018, 12:53:00 PM |
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As we all know, bearish market is where the correction is needed to correct the crypto market and later make some another positive adjustments of the market price value. Being an investor, you should have to keep updated from time to time and monitor the market trend daily. In bearish market, don't be attempted to make a panic selling instead you may have to hold and buy more btc instead while waiting for the bullish market that most people are anticipating to occur.
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mahilchii
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October 09, 2018, 01:37:48 PM |
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I guess you're right . Those who survive this bear market will learn a lesson from their mistakes and will not allow their repetition in the future, because they will become much smarter and more experienced. It is important not to sprinkle ashes on your head, because this market is still ahead, and your experience will help you earn on it in the future.
Well said, lesson learnt from this crypto market as it will always not be same. Overconfident will lead you to loss, yes most of them invested loads of money as they thought they can have good return this year. Request them not to sell in hurry wait for your turn.
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Airelves09
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October 09, 2018, 01:43:30 PM |
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You are right. Especially in the current bear market environment. Patience is needed. And strive to learn encrypted knowledge. At the same time, we must pay attention to investment risks.
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DeepestOnion
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October 09, 2018, 01:46:09 PM |
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Let's recap the lesson from the recent bearish run, before u invest in any cryptocurrency.
1. make sure u do an intensive research, 2. never stop believing in urself and when things go wrong, u will learn a big lesson and be happy u did your best than following a footstep u know nothing about,
Good luck
Well, I would add the suggestion to avoid buying an altcoin when it has already surged 10X or 100x since then the risk to buy the top is too high, as well as to avoid selling an altcoin after that it has already lost 90%-99% since you would likely be selling the bottom.
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