Lessons from the fullest dip

[barabeku]

The crash will teach alot of people a bitter lesson and they will learn from it,
they will learn the following

1. Never to love a coin

2. Never to be greedy

3. To cashout on profit always

4. To stop following hype

5. To know that what goes up must come down etc

You're absolutely right. I made mistakes on all points unfortunately.
Once I had a token that I really loved, I loved the community and the project, so I didn’t sell it when it decreased by 80% or more. It was a sign for me to sell off, but I continued holding and then it was hacked.
Also we shouldn’t be greedy and fix our profit, you are right, it is better to have a small profit than to overhold.

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[Psynthax]

Extraordinary advice, remember to always take profits when you can, this market is truly unstable and unpredictable. Who might have realized that the plunge would be so awful, there are significantly more clients currently so demand should be higher

This is right, if there is opportunity to take profit when the market is going up then maybe it's the right time and the market will probably go down again.
However this can also cause us to not maximize the profit we get when the market is still going up but we don't know if the market will go up or will go down in the future. That's why technical analysis of the market is needed at the time like this to see if the market will be going up or down although not accurate but can be helpful.

[kumala_abi]

I fully agree with your points mate. We should always book our profit and shouldn't be too greedy. Once Upon I bought Juld of 138$ and hold at the 0.17$ price. When It pumps over 0.5$. My portfolio became more than 500$. but I didn't sell. Now Its value is only 20$. So I learned from this that we should book our profit.

taking profits and rebuy in several time will give us higher profits rather than if we hold it without doing anything. this is the easiest way to accumulate our token , maybe in dollar its value could decrease but when price have natural pump we got alot profits. controlling our greedy could make us have better result, maybe your case will not happen if you didnt greedy.

[Rikotin]

It seems to me that the majority of people who have suffered great losses over the past year will not make any conclusions, after some time other people will take their place - who will also make the same mistakes as their predecessors. In this market there will be very few of those who have suffered great losses but have continued to invest or trade. Most people just went here forever.

[the ghabbar]

The crash will teach alot of people a bitter lesson and they will learn from it,
they will learn the following

1. Never to love a coin

2. Never to be greedy

3. To cashout on profit always

4. To stop following hype

5. To know that what goes up must come down etc

The bitter lessons we have experienced will be the motivation for change in the future, that's why we need to experience it, never love coins more than anything, this will not be good for us.

Greed is the biggest risk that must be removed from investment, pay close attention to the level of profit and loss of each of our investments, stop following the unclear and useless hype, make sure we know which coins are rising and falling in the market, to calculate the actions that make us loss in the future.

[Xampeuu]

It seems to me that the majority of people who have suffered great losses over the past year will not make any conclusions, after some time other people will take their place - who will also make the same mistakes as their predecessors. In this market there will be very few of those who have suffered great losses but have continued to invest or trade. Most people just went here forever.

Mental people like this are usually influenced by actions, so that it affects the next level of investment, if a big loss befalls people like this, usually they will stop and don't continue investing anymore, they will give up on the situation.

That's why the investment formula cannot be forced on what they don't know, this will create the latest risk in my study, but in terms of investment it is commonplace, there are people who go and there will come, this has become the law.

right, for an investment, we can't force someone, so if someone tries and fails and then he leaves, then it's their choice. everyone will have expertise in their respective fields, maybe investment is not their field. this if I learn beyond the mentality of an investor. indeed the most fun is to make money according to our skills and hobbies, so that we can do more optimally

[tabas]

Nearly three years that the thread has made and it's during the bear market. And while we're on the bull market this time, we don't know how long it will stay.
So that advice is still applicable and will continually be applicable to anyone that doesn't know what to do. There's a sense with those tips so to those that are confused about what to do, read the tips which will serve you as a reminder.

[sumant]

In Cryptocurrency or any other market people want to buy shares in deep position so they can get huge profit in future but problem is that nobody knows where any go in deep position. I can say if a legitimate share goes in deep position then you will definitely get entry. Eth goes 1700k two times in recent time and give double profit so it is your open choice

[GaxviiBuss]

Sighs, you are quite right, greediness leads to great and high loss of funds, but on the other hand one can make huge money from it, what I have understood in cryptocurrency is that severity determine the magnitude of the profit or loss, but what I will just point out is that one should observe and understand the real motive of the project and team before taking any decision.

[Traderbtcc]

The crash will teach alot of people a bitter lesson and they will learn from it,
they will learn the following

1. Never to love a coin

2. Never to be greedy

3. To cashout on profit always

4. To stop following hype

5. To know that what goes up must come down etc

Market crash always has a lesson to teach us, especially for the greedy people who were in huge profit but were still holding hoping so they can make more profits, one of the major lesson or fact we need to understand is that the market doesn't always go up forever, at one oint a reversal is likely to happen and sometimes and it can be really bad like in 2017, acknowledging that fact should help us know that when the market has pumped way too much then its time to take profits and wait to see the next movement rather than continue holding till the market crash.