Gabmot
Member
Offline
Activity: 686
Merit: 11
|
|
November 25, 2018, 06:31:49 PM |
|
It's actually a good lesson to be learnt from this. Just as you have rightly said, so many got caught up in the heat of the moment making them lose almost what they amassed up with serious hard work and diligence. So pathetic..
It's better learn and grow from this.
|
|
|
|
magicrypto
Copper Member
Jr. Member
Offline
Activity: 812
Merit: 6
|
|
November 25, 2018, 07:11:42 PM |
|
Yep, main lesson is not to hold all eggs in one basket, even if you 100% alts fan:) Need to hedge part of stack in BTC and stable coins too, alts are burning too fast and painful on bear market
|
|
|
|
superscommessebitcoin
|
|
November 25, 2018, 08:38:25 PM |
|
Yep, main lesson is not to hold all eggs in one basket, even if you 100% alts fan:) Need to hedge part of stack in BTC and stable coins too, alts are burning too fast and painful on bear market I think that the differentiation can not be mentioned, as in the bear market fall absolutely all the coins. Differentiation is useful in General, but not specifically now.
|
|
|
|
seo-maestro
Member
Offline
Activity: 420
Merit: 15
|
|
November 25, 2018, 08:45:59 PM |
|
I got the one main lesson from this downtrend - always use stop-loss orders! I overestimated the prospects of some crypto projects and earned losses, but I HODL and hope for the prices recovery in 2019-2020 with the new bull trend.
|
|
|
|
Lorin
|
|
November 25, 2018, 08:51:41 PM |
|
The lesson you must learned in this bear market is to learn cypto first. Never go to a war without anything because it may cause you loose. You must remember that knowledge in crypto is advantage it may help you to able to keep pace with everything.
|
|
|
|
unihamburg
Member
Offline
Activity: 411
Merit: 21
|
|
November 25, 2018, 09:00:32 PM |
|
The lesson you must learned in this bear market is to learn cypto first. Never go to a war without anything because it may cause you loose. You must remember that knowledge in crypto is advantage it may help you to able to keep pace with everything.
Exactly. We should never invest in something we don’t understand. But only invest what we can afford to lose. From my point of view waiting till the market is stable would be the right behavior in such a hard bear market.
|
|
|
|
JuanPaulo
|
|
November 25, 2018, 10:30:31 PM |
|
What i've got from this condition of market is, to become more patient. Cause the condition is still looking in a bad shape even until today. I saw the price dropping a little too much compared to another day.
The fact that you train patience is very good. You will need it even when cryptocurrency is no longer profitable and you will take up a new type of activity.
|
|
|
|
PatrickMacH
|
|
November 25, 2018, 11:12:04 PM |
|
Trading highly unregulated crypto currencies having no intrinsic value is dangerous.
Don't fool yourself trading crypto. Up to full loss is likely, because all projects need money to scope operational costs for energy (mining, hosting, etc.) which have to be paid. Only healthy stable growth can compensate these increasing costs.
Therefore I recommend: (1) only invest money you can afford to loose: i. e. 1-5% of your savings. (2) only invest into crypto currency projects seeing the point: take your time to research the basic project details and value distribution facts (3) take an eye on the overall market and new technical developments; what's great today is likely outdated tomorrow
And of course: Do not get greedy, do not get greedy, do not get greedy.
Always deal fairly with others and have fun sharing the passion for the exciting new methods of crypto payment.
|
|
|
|
kalashnikovski
Member
Offline
Activity: 252
Merit: 10
|
|
November 25, 2018, 11:40:31 PM |
|
The main lesson that I got after this correction - is to leave the market as soon as it is going to go to the correction.
|
|
|
|
trahaubab
Jr. Member
Offline
Activity: 154
Merit: 2
|
|
November 26, 2018, 11:45:58 PM |
|
we are prepared for the worst by reality. when your portfolio went down in 1000$ just in a day that is a huge punch as for me, so for me now, no matter how hard market goes down, I am still hodl
|
pigzbe | A piggy-wallet™ not a piggy bank | powered by Wollo ● ● ● A tangible digital piggy-wallet for children age 6 and up.
|
|
|
wareck
Member
Offline
Activity: 238
Merit: 10
|
|
November 29, 2018, 10:19:12 AM |
|
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 do not think that the bear market can give any definite lesson for investors. You need to understand the volatility of the crypto market. After all, the market may fall, and over time, in any case, it will restore its previous growth. Bear market - just a certain period of correction, with time the situation will improve.
|
|
|
|
wdnj
|
|
November 29, 2018, 02:48:18 PM |
|
Never go panic, you should do research and study well. Never sell your tokens, feel the market first not all tokens will go down even it is bear season. Dont look for the USD value with tokens make it is SATOSHI or BTC price. Make sure to buy more tokens with great potential but deep in the market.
|
|
|
|
Rengga Jati
|
|
November 29, 2018, 02:53:39 PM |
|
the unstable crypto market makes many people panic and get the loss. we must learn to be more patient in dealing it because we don't know when the crypto market will recover and be stable. we must be more patient and be careful for that.
|
|
|
|
anobtc
Member
Offline
Activity: 1176
Merit: 12
Vietnamese Translator™ https://goo.gl/7inMji
|
|
November 29, 2018, 02:55:49 PM |
|
I think the best solution when the market goes down is to stand outside and observe. Very risky when you enter the market at this time. Wait for better signal in the future.
|
Finding a local Moderator and Translator? View My Portfolio and feel free to contact me if you need! 😉
|
|
|
SaoAccel
Member
Offline
Activity: 378
Merit: 16
|
|
November 29, 2018, 03:03:35 PM |
|
Well my lesson from the bear market is that wait for it to come before you invest you're money into it. Don't get the mentality of Fearing that you will miss out because there will always be downs in the market where you could buy cheaper coins which is now.
|
|
|
|
heartthew
|
|
November 29, 2018, 03:06:36 PM |
|
Thank you for writing past mistakes and your experience, but in most cases people will not take a lesson out of this and will not start using it in their investments because only personal experience will show and make real experience.
|
|
|
|
sergei1703
|
|
November 29, 2018, 03:15:41 PM |
|
The main lesson from bear market is that you should diversify your investment portfolio in a several funds, and do not afraid to sell at a loss. It is better to lose 10% than 80%.
|
|
|
|
asepsetiawan1990
|
|
November 29, 2018, 03:21:51 PM |
|
Market conditions in cryptocurrency are indeed not far from the assumptions of all cryptocurrency users. Therefore, the factors that affect the market are indeed very many. The facts that occur at this time do have to be continued, but we must be more careful and clever in weighing the risks so that in the future our assumption of cryptocurrency will remain positive.
|
|
|
|
iancortis
|
|
November 29, 2018, 03:26:51 PM |
|
i have some lesson for this more than a year in crypto, bear market is a long disaster, it can be testing your determined mind if it is hard enough to take and control some difficult situations.
|
|
|
|
De_nis
|
|
November 29, 2018, 03:26:56 PM |
|
The main thing is that the bear market does not produce in us the inability to medium-term investments, the lost profit is also annoying!)
|
|
|
|
|