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Author Topic: Lessons from the fullest dip  (Read 2565 times)
IVEXO
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November 24, 2018, 10:17:21 PM
 #61

Another lessons from this dip is the underestimation of determinations

A lot of people in the name of I am determined have ruined their portfolios
Every determination without intelligence and wisdom will rekh a lot of things
And t has brought losses to people already

Be determined but be smarter
pinoyrichkids
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November 24, 2018, 10:25:58 PM
 #62

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

Thanks for this note, you know i always love a coin that is why i never cashout, and thats the lesson for me this time, now i am a big loser of the game, i only promise to myself that sooner or later, i will take the ride, cashout whenever i get the profits, and i hope market will recover also.

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cytpoway121 (OP)
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November 24, 2018, 10:26:44 PM
 #63

There is need to really be smart and careful
The whales are busy laughing over us as only them know the time that the bull run will start
Every Asian investors are now quiet
And the fake projects are almost all dead

It’s a positive vibe for crypto currency
cytpoway121 (OP)
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November 24, 2018, 10:27:48 PM
 #64

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

Thanks for this note, you know i always love a coin that is why i never cashout, and thats the lesson for me this time, now i am a big loser of the game, i only promise to myself that sooner or later, i will take the ride, cashout whenever i get the profits, and i hope market will recover also.

Yes you can move on
Cash out the moment you are on massive profit
Wait patiently
And buy back the dip

Then you even have more profit that way
I can only hope that we all make our deserved profits
Semaj123
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November 24, 2018, 10:36:05 PM
 #65

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

It's already been 10 years since cryptocurrencies have been created and we see a lot of successful and unsuccessful stories. People whi get involved in crypto business are risk takers. Your point is probably pointless because cryptocurrencies can't be predicted and if you are not willing to take the risk, then you can't unable to achieved something.
Chachacoin17
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November 24, 2018, 10:52:51 PM
 #66

I think these are good advices for newbies and expecially point n.3 .. never be too greedy and take your profits before it's too late!

Not to the point directly but rather think for the techniques to do so that you will not get into the deep of down side but gain a profit that would matter most. The experience is the best teacher ever. In bitcoin their are lessons that we need to experience so that we will be wise enough to encounter what are obstacles might appear in the business.
supahlovah
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November 24, 2018, 10:57:37 PM
 #67

Maybe someone tell me what will be the great lesson in this situation? When marlet is all red and there is no the light in the end?
bbcolex
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November 24, 2018, 11:00:54 PM
 #68

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

Agreed on most of them, I was greedy and left my coins to profit more from it now almost everything lost it's value. I also joined pump and dump signals which is the biggest mistake, I bought the dump  Grin then left with a useless coin.
nipenohy
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November 24, 2018, 11:02:49 PM
 #69

I think that now it makes no sense to invest in altcoins Sad
Al-e_x
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November 24, 2018, 11:11:01 PM
 #70

and the most important thing is about perfection, nothing is perfect, maybe BTC has many advantages if compared with other currencies and other cryptos. but BTC has a dark side that can make it fall dramatically.

even BTC can die before the supply runs out, so. don't we ever say that BTC has provided a profit, but what gives you profit is God.
maligu
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November 25, 2018, 06:31:26 AM
 #71

The cryptocurrency market is a market full of speculation. Not everyone can earn wealth. Some people will lose money in the process of earning wealth. This is the cryptocurrency market. This is a cruel market.

BADBITCH
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November 27, 2018, 07:51:44 AM
 #72

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 only agree with point 5  Grin.
Point 1 when you think specific coin is good you should love it, buy every time you have money.
Point 2 I think in trading greed is good, if you are not greed enough a bit hard to be rich.
Point 3 Never cashout before you think its price in good price
Point 4 Must following hype then using point 5 before decide to sell or buy.

In reference to you.

for point 1, when you love a specific coin, you invest in it for profit not for love,(always buy cheap)
point 2, greed in trading is good, but when you do not cash out when in profit, it is difficult to be rich in crypto currency
point 3,  if you buy at 2 sat, and the token soared towards 20 sat, you need to sell part and get back your capital, then monitor the trade and ge t the rest of your profits, waiting for a one time profit, will leave you in losses for most coins (90% coin)
point 4, to follow hype, you need to learn to BUY THE RUMOURS AND SELL THE NEWS.
changxia
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November 27, 2018, 07:59:46 AM
 #73

I believe that most people who make money in the cryptocurrency market can't control greed, because most people think that the bull market may come every day! But this is not the truth!

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cytpoway121 (OP)
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November 28, 2018, 07:29:45 AM
 #74

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

Yes you are right, alot are bothered about the instant profit, instant wealth and it has made alot of people so poor and indebt
But with positive mind, and right motive

crypto currency is for everyone, a dirty game but a wise one
I believe blockchain will takeover soon
hengha
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November 28, 2018, 07:32:34 AM
 #75

The price of each cryptocurrency comes from hype, so we can't avoid hype, but I agree with your other opinions! Don't be too greedy!

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nicolas1979
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November 28, 2018, 07:45:07 AM
 #76

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

Yes, specially number one because that I lost many asset value I have. Love make me blind and never calculate with clear mind that someday everything will goes down. I don't have preparation to face down market in long term period, so sad see 4 zero go from my asset. I'll leave and maybe will not came back again, crypto kill me badly.

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coolon
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November 28, 2018, 07:46:46 AM
 #77

Good advice, especially not to be greedy. I would also use stop loss when trading, it saves your money. And the growth of the eternal does not happen the market needed a correction.

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IVEXO
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December 04, 2018, 10:18:43 AM
 #78

Good advice, especially not to be greedy. I would also use stop loss when trading, it saves your money. And the growth of the eternal does not happen the market needed a correction.


not been greedy does not only save money, it saves your portfolio because you learn to apply caution for every token that you hodl, own and have in your waller.
But still, there is need to be smart,

smart when buying tokens
smart when selling tokes
smart when placing orders
and smart when making deposit and withdrawals as well.

Never underestimate yourself for any moment.
Bitknick
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December 04, 2018, 10:27:57 AM
 #79

I think greed is one of the incentives for which we are here and not only with you here and are plunged into the world of cryptocurrency, so without it in any way!
boolog
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December 04, 2018, 10:36:33 AM
 #80

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
Yes, i have learned all these things by now. Although the hard way, but the things are all clear to me now. So far, i did not realize that, but i learned it during the last weeks / months dips.  Sad

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