max65
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Activity: 273
Merit: 10
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December 04, 2018, 10:47:32 AM |
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Yes,I agree with you especially never to love a coin because lots of altcoins has potential and it can be profitable in the future.If you've love a coin you must wait until it can be profitable not unless you had lots of coins you had many choices to be profitable.
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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Red-Apple
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December 04, 2018, 11:12:52 AM |
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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
when you want to choose a cryptocurrency to invest in you have to first study it to see if it is worth investing into or not. if you did your research and saw the true potential and then invested in it, all of the things you said are meaningless and you should ignore the price in short term. the big problem here is that people don't research!!! instead they read the whitepaper and take a look at the coin's website and topics on forum and think the shitcoin is a gold! so they get dumped on. not to mention that good altcoins don't even exist.
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--signature space for rent; sent PM--
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khufuking
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December 04, 2018, 11:20:39 AM |
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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
1- Nothing wrong in love a coin and try your best to support it, in fact, it is a good thing. 2- Agree 3- If everyone cashed profit the market will be drained sooner or later! 4- Agree 5- Agree Sometime you can't really blame someone for doing the right thing, even if the result was bad and that applies on point 1 and 3. The most important lesson you didn't mention is to never buy the top.
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kentrolla
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December 04, 2018, 11:28:45 AM |
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Lesson? we need to be ready to adapt any situation when it comes to trading. However, there is no hope in any quarter of the year as most of them believe even today like the price will increase in the last quarter. Investors who are planning for short-term need to be very cautious as anything can happen in crypto, Either the value may skyrocket like last year or it may fall.
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mr.robot8
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December 04, 2018, 11:30:43 AM |
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there are the right rules to follow but is not easy, sometimes it happen to get involved with some coin, and even make cashout only in profit is not easy there are moments (at least for me) in which you need immediate liquidity
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jpaul
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December 05, 2018, 11:43:22 AM |
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I understand where you are coming from but you also have to understand that if people do not love a project then there is no way that they are going to support it through the good and the bad and sometimes greed just gets the best of people even though that is never what they intended to happen, we cannot always judge people because we do not know what happened with them
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cryptowolfsu
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Activity: 476
Merit: 10
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December 05, 2018, 11:46:09 PM |
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These are all good takeaways from the bearish market. I would add : never invest more, than that you can afford to lose. For me the most important one is to always take the profit because you do not lose until you not sell but you do not earn until you do not take the profit.
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Metroid
Sr. Member
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Activity: 2142
Merit: 353
Xtreme Monster
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December 05, 2018, 11:50:18 PM |
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This trend is pro manipulation and if you sell now manipulators will win, do not give in, die with the coins if must be because these prices is already bullshit.
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BTC Address: 1DH4ok85VdFAe47fSVXNVctxkFhUv4ujbR
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Denreal
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Activity: 784
Merit: 6
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December 05, 2018, 11:55:07 PM |
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Most times, whenever there is dip, the best thing to do is to look around for coins that are selling way below the ICO price. Sometimes, i even look for coins that have plummeted to the point that no matter how much i invest into it, i will make my profit. There are lots of them. I also try to buy coins before they eventually list officially on centralized exchange.
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izay
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Activity: 518
Merit: 10
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December 05, 2018, 11:55:43 PM |
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Do not regret of what you have done, everything has a purpose if you lose today maybe on the future you will won. Just keep believing, take this situation as a good opportunity to something else.
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PG13
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Activity: 322
Merit: 10
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December 05, 2018, 11:57:19 PM |
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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 have a point mate, this could help us to become more stronger in crypto. We should learn from this dip as this will happen again in a volatile investment.
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iwah
Jr. Member
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Activity: 196
Merit: 2
TREEBLOCK.io
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December 05, 2018, 11:58:07 PM |
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I support your point because that exactly what i have decided to do, I have watch some my coins that were worth thousands of dollars going down as low as $100 and $200 and it's really painful to see such a thing, cashing out profits is what I will always do.
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TREEBLOCK.io // TOKEN GENERATING EVENT ▶▶▶▶▶▶▶▶▶▶ ICO is LIVE 》 JOIN NOW! |■■■
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iamMhew
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December 05, 2018, 11:59:56 PM |
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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 of this are right, but if you not become greedy, you cannot earn even a little profit each week and months,if you want to earn even markets are bleeding, dont be afraid and do some ways to earn, and the rest are right.
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5thFear
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December 06, 2018, 12:08:45 AM |
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Where is it heading ? Is the dip never going to end ? I mean greed is part of the human nature so why blame it.
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Debonaire217
Sr. Member
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Activity: 644
Merit: 364
In Code We Trust
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December 06, 2018, 01:18:43 AM |
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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
let me make my opinion, 1. love the coin as it is your son 2. grab the coin as if it is the last coin 3. never cash out but to buy more 4. create your own hype 5. also to know what goes down will going to punch the moon right in the face
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hellyah070
Copper Member
Newbie
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Activity: 196
Merit: 0
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December 06, 2018, 01:23:21 AM |
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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 guess following hype from the trusted people will surely benefits us, better to think what their plan is, and when you figured it out, think if you were going to support them or not. it is just based on individual preferences.
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elite070
Copper Member
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Activity: 112
Merit: 0
www.codex.one
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December 06, 2018, 02:38:16 AM |
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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
Basically, why would people love a coin? Coin is intended to be traded not to permanently stock and keep in our respected wallets. In the real economy, it is not good to hoard money, but to regulate it meaning to say, to trade in crypto.
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indobitcoin.tk
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December 06, 2018, 02:53:50 AM |
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too avaricious and greedy is giving a lot of bad things. so maybe this kind of thing is indeed at least can be used as lessons for the result of a better future crypto later. do not pursue the ambition and always mainstreaming analysis for better results on crypto.
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Twentyonepaylots
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December 06, 2018, 02:55:07 AM |
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Im a long term player, i should love my coins, thats why im still hoding even dip is too painful to see, i even deposit money to buy more in last 4days I agree it is good to love your coins and even better to hodl it But if you sold bitcoin at 6500$ after noticing the dumps, Then you bought back at 4500$, that’s immense profit already from your initial capital But everyone has their opinion though Yes, market drops tell us everything to learn the market of crypto investment, we may loss some and we gain some.. one should always note that, in every investment have some degree of risk factors involved. it us or every investor responsibility on how we manage the crypto market. Patient and timing on investment are the key factors should be consider. one should always take the opportunity when it comes. take the profit, then invest with good coins fundamentats.
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Accts4u2
Member
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Activity: 350
Merit: 11
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December 07, 2018, 07:15:13 PM |
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The best lessons that I have seen from this dip is the fact that you have to be ready for anything when it comes to the cryptocurrency industry as the coins can drop at anytime and there is nothing that anyone can do about it. Also it has thought me that you have to know when it is time to actually cut your losses and get out of the market
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