Lesson from bear market

[ParabellumLite]

The biggest lesson everyone had from this bear market is don't be too greedy,if tou can able to make some money grab that opportunity and looking forward again what to do with that profits,of you keep expecting more and more you will never going to reach your destination.

I think don't be too greedy when the market is just rising and rising, it makes you think that the market will continue to rise. For example, when Bitcoin drops to 16k, we still think that it will rise again

[dominos]

I had get the best lesson from this bearish market and that is never waiting or hope for the bull run. Otherwise, you will just breakdown due to the market conditions.

Same as me but I want to make long story short and the best conclusion is that everytime is a good time for take profit even if you're a bit far from ATH on every asset if you're on a profit.

[semobo]

The biggest lesson everyone had from this bear market is don't be too greedy,if tou can able to make some money grab that opportunity and looking forward again what to do with that profits,of you keep expecting more and more you will never going to reach your destination.

I think don't be too greedy when the market is just rising and rising, it makes you think that the market will continue to rise. For example, when Bitcoin drops to 16k, we still think that it will rise again

Exactly but what was happening until now? If you bought at $10000 and sold at $16000means you made huge profits but what people expect to reach more all time high and ended up losing now.

[DanWalker]

It's the second bear cycle for me and I knew that the bull market won't be forever, but to be honest you never know when exactly shit happens. That's why we all must have strategy with fixed SLs and TPs. Especially now, when the market is close enough to the last bottom we should have a strict plan what, where, and how much we will invest in. And the same thing with take profit areas.

[sssergy]

Experienced person already learned this types of situation in 2013, 2014 and 2015. Now repeated history, I learned how to sell and which one right to hold.

[goodbuybitcoin]

The cryptocurrency market gives us experience every day. I think that 2018 has caused many people to be more attentive and cautious.

[cryptocyprus]

Those who say that the cryptocurrency market is not predictable - they are not right, as unpredictable can only be some coins, and the market will always grow or fall because of some certain factors affecting it.

[Ximoandali]

I will never wait for right moment right price. By become holders I loss huge profits. Now I saw another face of Crypto but from this pain I learned lot of things.

Well , I also think that many altcoins and crypto currency in General can teach us that it will not always grow and sometimes there are moments when coins fall and this is normal, you should always enter and exit the coins correctly !

[paz-1991]

The only lesson that I have learned so far is to have zero expectations and always be prepared for anything. Crypto market is the trickiest market there is. You need to learn every minute and then again, there is not enough information in the world that can prepare you for some turn overs. And you need to believe in your guts sometimes, I failed to do that in 2018 and that is the biggest regret I have so far when it comes to crypto. Lesson learned.

[otong]

I will never wait for right moment right price. By become holders I loss huge profits. Now I saw another face of Crypto but from this pain I learned lot of things.

indeed we should grow better, and we also must learn from failure. even though we fail now, we just believe that failure will not always happen to us.

[dabenko]

Sometimes, when you are unprepared for a thing, it meets you unawares and it might get to a point, where you may not know what to do again.
This is very much related to cryptocurrency and then get stuck by an immediate dump, without you being prepared. So if care is not taken, you may not know what to do.
A prepared mind, will always have a means of escape.

[dominos]

The only lesson that I have learned so far is to have zero expectations and always be prepared for anything. Crypto market is the trickiest market there is. You need to learn every minute and then again, there is not enough information in the world that can prepare you for some turn overs. And you need to believe in your guts sometimes, I failed to do that in 2018 and that is the biggest regret I have so far when it comes to crypto. Lesson learned.

Yeah, but you have to make some strategy which you stick to it, even when you're a true holdler you need to realise that, so expectations are okay but only expectations about playing out right cards with your strategy.

[adekogbe]

The latest bear market and all the previous ones in the past has proven that the market volatility really cannot be predicted and that when the market is going down, it would not make any significant rise until it has found it bottom and a major milestone that can influence it is met.
I also think the worse part of the current bear market has passed.

[Firefoxx]

This thread just served to remind me of the problems of the past, I entered crypto trading with my last money but the bear market was so terrible, my plans didn't work as expected, I have learnt my lesson though.

[DisturbedRTX]

If a person has lost 80%, this means that the trader is so-so. He was thirsty for profit. I think they should have understood that this will happen. Especially buying Bitcoin at the peak of its popularity was a dubious investment for them.

[CryptoToxicAvenger]

Yes, the market caught us by surprise. Everyone expected growth at the end of 2018 and everyone was hoping for it. However, it was wrong. I think that many will draw conclusions from this situation and will always plan all possible developments.

[Zythiphill]

If a person has lost 80%, this means that the trader is so-so. He was thirsty for profit. I think they should have understood that this will happen. Especially buying Bitcoin at the peak of its popularity was a dubious investment for them.

80 percent is a lot , I also think if the trader has lost so much then he needs to revise the strategy , I think if such a percentage is in the red I think you just need to keep the token and not sell

[sell my ac_________nt]

Yes, I agree, many of us have lost 80-90% of the funds in this falling market and have learned many lessons. Now we're getting smarter.

[cryptocyprus]

I agree, but I think it is always necessary to prepare for the worst, but always with faith in the best. The market is falling and so far it is not going to stop, but I am sure that there will be growth this year.

[Freddy63]

I received a lot of lessons from bearish market. You know, crypto is going to make pump and dumps, but you shouldn't be affected by these fluctuations.
Keep going and follow your strategy!