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Author Topic: Lessons from the fullest dip  (Read 2565 times)
basyang
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December 12, 2018, 09:15:55 PM
 #121

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

Indeed, All of we do, we always learn new this or discover ourself. Many people are learning from their bad experienced. All of stated above was true and correct especially to never to be greedy because all of us wants to earn more thats why we hold it for a long time to hoping that it will rise and also to cash out on profit always is a good to learn because you never know what will happen so lets make a balance strategy when it comes to money.

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Fulmand
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December 12, 2018, 09:21:50 PM
 #122

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

Indeed, All of we do, we always learn new this or discover ourself. Many people are learning from their bad experienced. All of stated above was true and correct especially to never to be greedy because all of us wants to earn more thats why we hold it for a long time to hoping that it will rise and also to cash out on profit always is a good to learn because you never know what will happen so lets make a balance strategy when it comes to money.
So in the next time you encounter such pumps of your asset don't waste that opportunity, because you might regret that situation. All of those experiences will always provide you a good learning and definite skill once you undergone a failure, you won't be falling to that scenario again.
lotfipro
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December 12, 2018, 09:43:36 PM
 #123

I think that your lessons are stupid. Something are really crazy, for example "stop following hype", as for me I entered the market at the middle of hype and earn a lot of money and I want to repeat it.
DAVETUN
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December 12, 2018, 10:04:22 PM
 #124

The dip is a real surprise to all investors, lesson learnt for me, is to always follow up on all project in order to understand there present and  future projections and programmed,  Also  lesson learn for me is to ensure I take profit, no matter how small in order to play safe, and secure my investment  portfolio.
tanjiran
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December 12, 2018, 10:23:01 PM
 #125

The dip is a real surprise to all investors, lesson learnt for me, is to always follow up on all project in order to understand there present and  future projections and programmed,  Also  lesson learn for me is to ensure I take profit, no matter how small in order to play safe, and secure my investment  portfolio.
From this we will understand this is the risk. The risk cannot be eliminated, but we can avoid it by playing it safe, by doing an in-depth analysis, not affected by fud and unclear hype, etc. Patience, mentality, and psychological will also be more trained.

cytpoway121 (OP)
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December 13, 2018, 02:38:35 PM
 #126

The dip is a real surprise to all investors, lesson learnt for me, is to always follow up on all project in order to understand there present and  future projections and programmed,  Also  lesson learn for me is to ensure I take profit, no matter how small in order to play safe, and secure my investment  portfolio.

Yes you are right, thats why in crypto currency, you must always stay up to date and do your own research always.
You need to be spot on and right on every information regarding the future and the present of a token.

Don't understimate the market, don't exaggerate the market either
Be smart and not gullible.
rafa_uefa3
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December 13, 2018, 02:49:56 PM
 #127

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

can add a little bit Smiley
6) buy low, sell high

7) have diversified portfolio

Cool always have some reserve (even for buy-back some more)

9) to have patience, and then even more patience

10) feel when its good time to leave

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Jamesdila1
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December 13, 2018, 03:08:13 PM
 #128

really true. i had huge amount of money in 2017 december and i was waiting for much more money. but now im too much feeling sad about my idea of not taking profits. dont chase 100X targets all the time. take 10X profit happily. then wait until some dump and buy again. still im holding my crypto bags since last year

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lovesybitz
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December 13, 2018, 03:34:51 PM
 #129

I reckon with your point number 3. Greed is one of the attitudes every crypto enthusiast, most especially traders need to deal with. Most times traders do not care whether a coin is a shit coin or not, inasmuch as it gives them their desired profit. So when dealing with a shit coin, that is liable to dump heavily, one must be conscious of taking profit when the need be.
Instead of allowing greed to control your decision on profit taking, it will be better for you to take your profit on such coin before it is too late.

I agreed that some of the traders they really don't care if the coins are shit or not, instead they are after only for the profit. Especially if the traders are greed all they wanted is to earn quickly here. Therefore, buying coins while in heap value then hold is the main tools for us to gain big here.
ajdaj
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December 17, 2018, 06:13:29 PM
 #130

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
It seems to me that in any case, all the results of the cryptocurrency summoner during the fall will depend only on the real financial condition of the person. If he has other sources of income, then all investments in cryptocurrency can be left for a long time, of course, if your assets are in sufficiently attractive projects.
Muhammad Muneeb
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December 17, 2018, 06:20:45 PM
 #131

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

people who joined the crypto in the bleeding market will surely learn all of the things you mentioned. i had a lot of money in january but now i have lost everything i though that this bull run is not going to end ever well i have learned enough to not to lose 98% of the portfolio

jagdeepjd
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December 17, 2018, 06:29:11 PM
 #132

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

Cannot agree with you more on those points as I myself have learned a hard lesson by not following a couple of points you mentioned. However, its a lesson learned and I am working on those mistakes which I did earlier and not going to repeat them again.
akishang
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December 17, 2018, 06:30:51 PM
 #133

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

Agree with all of the things mentioned above. Always take advantage of what the market has to offer and never be greedy. Aiming for more profit will make you lose more. It clearly shows that hodling is not the best thing to do this year and yet you still settle to hold. We should learn from our past trading experience.

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anjho.ace
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December 17, 2018, 06:31:32 PM
 #134

Cash in the right time to gain the best profit.
Never hold 100% of your tokens and learn how to play in the market.
DEEPEST SEA (MARKET) always have the best treasure to found. buy more at deep and have more golds and diamonds in the future.
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December 17, 2018, 06:37:52 PM
 #135

As for me, I didn't make any mistakes. I bought bitcon in 2016 and now I'm still have big profit. Only investors from 2017 are nervous now. But I didn't sell on the top, maybe it would be better to sell next time


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other_side
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December 17, 2018, 06:41:53 PM
 #136

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
It seems to me that in any case, all the results of the cryptocurrency summoner during the fall will depend only on the real financial condition of the person. If he has other sources of income, then all investments in cryptocurrency can be left for a long time, of course, if your assets are in sufficiently attractive projects.

Although he has some income from other jobs. But if he risked bringing all the money he had to invest. He will still be influenced by press releases or negative comments as the market is discounting
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December 17, 2018, 06:46:09 PM
 #137

I specifically agree on cashing out to earn profit. I always have the tendency to buy different coins once I earned. I immediately cashout and use the money for something that is not crypto. No need to be greedy and be content on what you have earned. Hodling is clearly not the best thing to do on a bear market. There is no problem with aiming for pumps but we also need to be realistic.

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December 17, 2018, 06:54:41 PM
 #138

Whales always wait for biggest dip in the crypto and sell on the highest price which is the best system for great earning. It means that always buy from low and sell on targeted high price.

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December 17, 2018, 07:13:46 PM
 #139

I believe this post referred to me... Lol. I have learnt a great deal from this dip albeit in a sad way. I will pick out the points about being greedy and loving a coin. These have been my qualities and I have been left to regret my chances countless number of times considering that, I hold on to tokens for far too long forgetting that this market is full of uncertainties. I have been left with losses due to the fact that, I refuse to take profits when I ought to and most times, these decisions come back to hurt me as a result of the tokens or coins dipping uncontrollably, failing to rise after such falls. Regrettably, I miss out on selling for decent profits in the process. This dip has been my recognition and never again will I be left exposed and hurt after this. I have learnt my lessons...
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December 17, 2018, 08:00:33 PM
 #140

Yes, this lessons are very important. But i am not fully agree with third rule. Not all profits has to be cashout, i am always leaving some part as my 'moonbag'.
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