Lesson from bear market

[Harriti]

I don't think there is any worse thing can be happened anymore . ETH and BTC price at the moment are very low and I don't think they'll be able to fall anymore. At the moment, I think we no need to worry too much about bear market anymore, we just need to be patient and wait till bullrun happen

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[fayoling]

The lesson was very harsh, but showed that there is no need to be greedy and expect perpetual growth, you need to be able to take profits on time

[halisakal]

BE PREPARED FOR THE WORST: In this bear market,I have learnt that the worst could happen,so we should always prepare for the worst.Many have lost up to 80% of their portfolio to this bear market because they are not expecting the worst to happen,unfortunately,they are caught up in it.If they had prepare for the worst,they could have done something about their portfolio at the beginning of the bear market.
DECISION BASED ON PAST EXPERIENCE MAY NEVER BE THE RIGHT ONE:It may be risky to base your decision on assumption.At the beginning of this bear market,there was a lot of assumption,many so sure that before we close our eyes and open,bull run will be here.Nobody ever expect the bear market to be this long,so, many decision made base on this assumptions as lead to frustration today.
In crypto,today you are up and tomorrow you are down.
To those caught up in it,you can only hope for the best,don’t give up.

hello! i think you made an essential list, i like the part about past experience. A controversial point but if we look deeper, it holds the truth no doubt. it is the same as in real life. thank you!

[felissss500@gmail.com]

anyway, most people that did not have experience in trading - now have an idea about the behavior of prices in a bear market.
and once again I am convinced that the forecasts give absolutely no guarantees, no one expected such a prolonged fall

[mehmet312]

We learned much things from this long bear market, first of all we must not do hodl everytime, there is a lot of person who are doing just hodl and losing big money because of this, if we understand something will be bad, we mustn't wait and sell without fear, we are just thinking everything will increase but dont think like this anytime and sell if it should be done.

[nl247]

It is important to be conscious that in crypto anything could happen so we don't get caught up in it.Crypto is full of up and down.

Every market is full of ups and down and there is nothing anyone can do about it. It happens to stock markets and any other market you can think of, so I do not see how cryptocurrency market should be an exception and the fact that it is decentralized even makes it more volatile.

The most important thing is to know how you can handle yourself with the market trends, and even if you cannot, try as much as possible to keep your focus on the long term no matter what. However, it is not a bad idea, to learn one or few things about how to trade long term markets and take advantage of the trends.

[daicavung]

anyway, most people that did not have experience in trading - now have an idea about the behavior of prices in a bear market.
and once again I am convinced that the forecasts give absolutely no guarantees, no one expected such a prolonged fall

No one wants the bear market as long as it is, and now everyone is trying to be patient and waiting for the market to recover, so I'm also trying to be patient, I just hold ETH and I Expect a lot on this coin at the end of 2018, eth prices may reach $ 1000

[CryptoIyke]

One of the best lessons was never to trade btc against alts and back to btc, always to save profits in fiat, In bear market, was learnt that most lows eventually becomes the next high and for every market that leaves its previous support, should just be sold in loss and prepare for another entry. Holding was never rewarding.

[dutechman]

The bearish market taught me that:
(1) crypto like any other market curve is not always linear, it's a wave. Meaning that, there are time when market will smile at you and there are time when it will frown at you. When you are gaining from the bull market, always remember it can be forever, so prepare all the time any form the market might take

(2) life is not like bed of roses, there are ups and downs in life, when you are faced with any of these sides, just know that it's not going to be permanent. Have a right attitude towards and re-strategize.

2017 crypto market and that of 2018 are unparalleled lessons all must learn from.

[matico]

There are many lesson learnt from 2018 cryptocurrency bearsh market. The important lesson i have learnt so far is to never trust what people say but what people do. The whole speculation about bitcoin rising up to $50000 was false and misleafing. I have been burnt, but I have learnt my lessons!

[iTradeBit]

You are right. Thanks.

[wojteks102]

Biggest lesson from the last bear market for many people is that Bitcoin is still the king of cryptocurrencies and even if you are optymistic about altcoins, you need to have at least 1/3 of your crypto portfolio in BTC 

[john_nautica]

BE PREPARED FOR THE WORST: In this bear market,I have learnt that the worst could happen,so we should always prepare for the worst.Many have lost up to 80% of their portfolio to this bear market because they are not expecting the worst to happen,unfortunately,they are caught up in it.If they had prepare for the worst,they could have done something about their portfolio at the beginning of the bear market.
DECISION BASED ON PAST EXPERIENCE MAY NEVER BE THE RIGHT ONE:It may be risky to base your decision on assumption.At the beginning of this bear market,there was a lot of assumption,many so sure that before we close our eyes and open,bull run will be here.Nobody ever expect the bear market to be this long,so, many decision made base on this assumptions as lead to frustration today.
In crypto,today you are up and tomorrow you are down.
To those caught up in it,you can only hope for the best,don’t give up.

sometimes the worst markets now make people tend to be frustrated, this can be used as a moment to stay in control and maybe buy when the position is low. for coin owners who have been trapped into a low position I suggest that they never give up and focus on getting profit

[nebuch]

BE PREPARED FOR THE WORST: In this bear market,I have learnt that the worst could happen,so we should always prepare for the worst.Many have lost up to 80% of their portfolio to this bear market because they are not expecting the worst to happen,unfortunately,they are caught up in it.If they had prepare for the worst,they could have done something about their portfolio at the beginning of the bear market.
DECISION BASED ON PAST EXPERIENCE MAY NEVER BE THE RIGHT ONE:It may be risky to base your decision on assumption.At the beginning of this bear market,there was a lot of assumption,many so sure that before we close our eyes and open,bull run will be here.Nobody ever expect the bear market to be this long,so, many decision made base on this assumptions as lead to frustration today.
In crypto,today you are up and tomorrow you are down.
To those caught up in it,you can only hope for the best,don’t give up.

I am sad to think about the reality versus expectation, imagination versus reality. It is easier to say be prepared while the problem is not at the present. But when we are in actual situation our preparation to handle the problems was gone because of worry and the effect of panic. We became aggressive to sell the tokens than to hold and wait for more good things to come. Never give up is a form of hope than being hopeless.

[el kaka22]

Every market is full of ups and down and there is nothing anyone can do about it. It happens to stock markets and any other market you can think of, so I do not see how cryptocurrency market should be an exception and the fact that it is decentralized even makes it more volatile.

Yeah, and that is one thing we need to always realize and know that in most cases, we just have to either know how to adjust with the trends based on our decisions, or at least try as much as possible to be patient enough to wait and be focused on the future. Bear trend will always be a thing in every market, and it is not something that has to do with only the cryptocurrency market alone, so in every case, it is either you know how to trade, to be able to take advantage of it, or understand it is a normal thing but what is important is to concentrate on what the future holds.

There are many lesson learnt from 2018 cryptocurrency bearsh market. The important lesson i have learnt so far is to never trust what people say but what people do. The whole speculation about bitcoin rising up to $50000 was false and misleafing. I have been burnt, but I have learnt my lessons!

The main lesson anyone should be learning when it comes to bear market is that there is no cause for alarm and it is a normal thing for the market to experience every now and then, depending on the previous condition that led to it in the first place.  We also have to understand for most people who keep saying it has taught them not to HODL for too long, to also realize that when you are trading the market without knowledge because you want to take advantage of the fluctuation, you are setting yourself into more trouble of losing even more than you can imagine.

[nezzard]

Bear trend teachs us to be more attentive and plan all future trading operations. Such an experience is very important and can help us in future activity connected with trading 

[katiecbell]

BE PREPARED FOR THE WORST: In this bear market,I have learnt that the worst could happen,so we should always prepare for the worst.Many have lost up to 80% of their portfolio to this bear market because they are not expecting the worst to happen,unfortunately,they are caught up in it.If they had prepare for the worst,they could have done something about their portfolio at the beginning of the bear market.
DECISION BASED ON PAST EXPERIENCE MAY NEVER BE THE RIGHT ONE:It may be risky to base your decision on assumption.At the beginning of this bear market,there was a lot of assumption,many so sure that before we close our eyes and open,bull run will be here.Nobody ever expect the bear market to be this long,so, many decision made base on this assumptions as lead to frustration today.
In crypto,today you are up and tomorrow you are down.
To those caught up in it,you can only hope for the best,don’t give up.

One lesson I have learned from bear market over the years is to take the trend as your friend and there is basically no way you can achieve that if you do not have the knowledge it takes to at least be able to make short or long term market decisions. There will always be fluctuations, period for the bulls to shine and period for the bears to shine and if you are really able to manage yourself well in any case, I am sure, there is absolutely no way you won't be able to do well even in a bear market.

What is important is that your approach to the market should still be about the long term potential, even if you want to be taking advantage of the short term.

[zabir.brutov]

These lessons should not be forgotten. It is very important to stay calm and not to panic. The most important aspect is to be patient and it does not matter how deep the price is. Just forget about it and return when the bulls will be back.

[vike]

Due to such a situation in the market, we must always prepare for the worst because it can always be worse than you think, and most likely the cryptocurrency market will fall before the end of the year

[GmBoom]

The good lesson on it, is that don't make your self be pushed by your own emotion, always decide on yourself. The other users are just that way to encourage more of the users to sell or to hold. For you, you should consider yourself independent, and make your own decisions about it.