Lessons from the fullest dip

[maydna]

Maybe you can add one more thing which controlling your emotion on the dip because this will makes you confuse and sad and you don't know what you will do. I think we can learn many more from the fall and not just for the OP mention. But greedy will be the most thing that always influences every one since we want to make more and more profit but the reality, we can't. I love bitcoin because it helps me to make money but I also love altcoin because it helps me to get more bitcoin and as long as I can earn more money from bitcoin and altcoin, I will still love both bitcoin and altcoin

[pedpedped101]

You have good points in your own paspective because love for coin can grow though it's most not about the love for the coin but the money we get from it. What could give more pleasure than making money. Your second point can only be agreed by few people because greediness is involved in Cryptocurrency because everyone wants to make more profit. So I don't refer as holding coins for greater purpose as being greedy because we all have different or paspective ways of seeing. About your third option I can agree with you. You can go for day trade but it needs extra care.

[H1N1]

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

Being greedy is ok sometimes, when peoples afraid to buy because the price crash, you must take a chance to buy greedy.
But sometimes, it is wise to keep calm and monitoring the market condition before doing any greedy actions.
This bearish market will continues and kicking more peoples with weak hands out of cryptocurrency world.

[kicauklaten]

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

Being greedy is ok sometimes, when peoples afraid to buy because the price crash, you must take a chance to buy greedy.
But sometimes, it is wise to keep calm and monitoring the market condition before doing any greedy actions.
This bearish market will continues and kicking more peoples with weak hands out of cryptocurrency world.

Indeed it doesn't matter when it can play it right and have a good strategy. wrong is when too avaricious and then have no definite guidelines and ultimately fell due to the fault of his own. the weak hand like this that often pops up then go saying crypto is bad stuff.

[kamar25]

very simple, it requires experience that can be used as a lesson. to avoid something bad later on. I'm sure everyone has experienced bad luck and doesn't want to repeat that bad luck again

[Absolutep]

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

To start with,you cannot invest in a coin if you don't love the coin,maybe it will be better to say don't be blinded by your love for a coin.I will prefer if you say not to be too greedy because at times in crypto,greediness might be the joker.Definitely everyone want to cash out on profit but we all have our target,we can't just cash out in any profit.Talking about hype,many at times hype is the key factor,you just need to join the movement at the right,most of the shit coin enjoy the rise as a result of hype and many are smiling to the bank because their timing is right,the problem is not the hype many at times but the timing.

[hanxinvwang]

I believe that most investors have learned a lot of trading knowledge from the crash, but I think greed is the reason for many investors to go bankrupt, they are not willing to stop losses in time! Don't want to stop when making money!

[anisoptera]

Everyone learn in their own way. And there will always be someone who is new to this. So lets be open minded and supportive to the ones who just joined.

[grumpy619]

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

2 and 3 points are the most common mistakes newcomers. I made the same stupidities, but the first protracted dump showed me that I was wrong and so i shouldn't carry on this way . Some traders regret that they fixed a profit of 15-20%, and the price rose by 100-200%. So, no need to regret, the main thing -there is a profit.  If you want to increase the possible profit, fix the profit in parts, not 100% of the deposit.

[supahlovah]

I totaly agree with number 2. People who want to have everything lose morey money than those who is waiting and invest only those money they ready to lose

[Ultimist]

Yes, unfortunately many people learn from their mistakes faster. Is something to miss, then it can be hard to regret. This situation will teach many to think and act correctly.

[Ranly123]

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

This might be good but you should have loved a coin in your choice. Just make sure that it is a established one. What I mean to say is you should have a main coin in your disposal yet not all your wealth is invested in it but divided into many.

[sidebyside]

I agree with you on this. Greed can sometimes bring  investors losses. Market movements are unpredictable. We can not be too greedy to invest in any altcoin. Investment tactics are essential. With each stage of its development we need to have different investment strategies. Do not look at the immediate profits that invest in, it could be a trap.

[markieeeloy]

3. To cashout on profit always

Been trying to do this. We can't assure to have a good profit this months because of consecutive dip. My advice is to earn even small profit and cash out always, do not intend to hold it because it will change immediately.

[SamboNZ]

Every failure makes us wiser. Failing will always make us decide on which is a good thing or not. Greed always makes us take risks but being wise will always be the right choice. Experience and tactics makes us grow and earn not greed. Crypto offers good fortune but it comes with risks and uncertainties.

[Pamadar]

I believe that most investors have learned a lot of trading knowledge from the crash, but I think greed is the reason for many investors to go bankrupt, they are not willing to stop losses in time! Don't want to stop when making money!

It should also be learned after this massive downfall, greediness should be practice very well, if you can't control yourself and you keep aiming high instead of working properly with tradings, you will really suffer as market fluctuates and no one knows what directions and how dip or how high it can go but if you are going to be well satisfied you will be able to enjoy this business, being happy from what you already gained and always being patient monitoring and studying the current flow before starting to invest.

[warning_btc]

My lesson from this deeps is: allways available more deeps then you think.
Some times ago peoples say what btc cant drop near 5k then mining will be not profitable, enjoy

[Whaletale]

Emotionally most people do love one coin or the other and that is why you see many in cryptocurrency ecosystem saying hold while some say sell and rebuy I think is good to sell and rebuy if you know much about TA which will be a direction for making decisions in buying and selling if the token , so is good to sell now in bear market if it rise cause it will go back down in short time which will give another chance to rebuy.

[BADBITCH]

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

 Some traders regret that they fixed a profit of 15-20%, and the price rose by 100-200%. So, no need to regret, the main thing -there is a profit.  If you want to increase the possible profit, fix the profit in parts, not 100% of the deposit.

I like that part alot, it simply means that if you buy about 15,000 of a coin when it has dipped, you should set your sell orders in batches.
You should set 5,000 of the coin to 10% profit, so you can get your capital
You can set 5,000 again to about 30%, so you can get extra profit.
Then you set the remaining 5000 tokens to 100% increase to maximize your interest in the token. Very smooth and direct.

[mummybtc]

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

I like your lists but what really happen here is that we all throw away sound fundamentals that guide a project to succeed, the talk now is more of how many X's can this investment give me.

To be sincere I have made good profit in the space but mistake most of us made is that we failed to save for raining days and keep investing thinking the growth we continue forever