Lessons from the fullest dip

[Darklinkz]

Don't ever hesitate to sell more than 80% of your portfolio when it's clearly a bear market. If only I knew this much earlier then I would not see my coins losing 100x from its all time high and the stress that it gave me for many months.

[mastersay]

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 part that I always wanted but I never did was to cashout always even only if we earned a small point of profit. Because at that time I am full greed on the tokens that I have and forget what I want, it is the profit.

[Skroojee]

The main rule in trading or long-term investment is to buy cheap and sell expensive. If you have already made a good profit, and in spite of the situation you want to wait until you get even more profit, it's worth considering!

[cryptobae10]

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  .
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.

Lol
Your points doesn’t work in a bearish market
1. If you buy everything you have money how do you make profits ?

Ifgreed is good, then buying cheaper is better

3. If you don’t cash out on the high, when will you cash it ?

If you follow hype ? When do you sell the news ?

[shamc]

Supporting a coin if you truly believe in it is not a bad thing, unless you are really in it purely for the money. Supporting a coin makes trading interesting, kind of like supporting a football team even though it will lead to a loss of funds

[Maamejane]

I think you are right we have to learn much from the current situation. This is because any time there is a bullrun, a dip is likely to follow so lets always play our part well in order not to make same or similar mistakes.

[cytpoway121]

Don't ever hesitate to sell more than 80% of your portfolio when it's clearly a bear market. If only I knew this much earlier then I would not see my coins losing 100x from its all time high and the stress that it gave me for many months.

Selling 80% off at the start of a bear market is not good for investment, why not sell at the pump? Why hold so much beyond the breaking limits of the token.
But we learn daily and can be better each day.

[tracyhayley]

Never to be greedy, exactly. i've got 60% loss on altcoins in last year because i was too greedy. i always keep doing trade even i've gained a lot of profit and i didn't cash out immedeately. i used my profit to trade another altcoins, till i got a big loss.

[Emilyp]

A major lesson I learnt from the dip is that no one actually knows the bottom, it's all about speculation. Then I also learnt that hodling isn't the most profitable in the short run.

[bananaunana]

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

--

Yeah, good points here, but I'm sure many will do exactly the sames mistakes again when things will happen same way. It's all about greed and when you have an opportunity to make more and more money it's getting very difficult for some peeps to control theirselves - and finally result in a loss..

[investorss]

These are very good rules, although it sometimes happens that it seems that yes, I understood everything, I will now act correctly, and then once, and break down, because you cannot control emotions normally)

[bountylayomi]

All what is being said here is actually true. Greed is what make many of us to lose. One will not be willing to sell a coin or token at little profit but wanting massive profits and before you know it the price dump on someone, I am a victim of this, hoping to be perfect someday.

[Fredomago]

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

--

Yeah, good points here, but I'm sure many will do exactly the sames mistakes again when things will happen same way. It's all about greed and when you have an opportunity to make more and more money it's getting very difficult for some peeps to control theirselves - and finally result in a loss..

If this emotion conquer your minds for sure the outcome result will be the same, greed always play the negative side of investors and traders,
even they've already plans and guidelines this particular attitude can't be control in the time that it should be overtaken, this hardship challenge
should be eliminate while you are still inside this market.

[trns.txt]

Very wise statement that bring very difficult reality. But, I also agree with those statements for all. Never love the crypto at all, we must be wiser and more careful when going to enter the new era of the crypto. Crypto will always be fluctuating because they are decentralized. By not being love too much, greedy, and hope for the big profits, we may be able to control our emotion.

[killat]

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 would add another one: Never invest more than you can afford to risk/lose, specially during dip periods, as you might be driven to panic sell and lose a lot of your investment. Patience is the key when you invest in crypto. You need to keep your head when market goes crazy.

[Cloud_miner]

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.

[GatotKaca]

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

experience is needed for satisfying results, over time will increase knowledge that we can use to get the benefits as desired. learning from mistakes is the beginning of the resurrection of fragility.

[gulshan1]

Biggest dip is the main part of market ups and downs and it is also affect the price of the market. Crypto teach the lessons that always wait for big dip because smart investors always know about right time for investment.

[cichaescut]

You should always be careful with coins on the falling market, because the price can go down anytime. Moreover, you do not need to be greedy and to await huge profits on this market. Just be patient and wait for the better market.

[Adunni6758]

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

Sometimes if we do not make mistakes, we do not learn our lessons. This is more like being thought in a hard way, because it might lead to loss.
Even if you have a particular coin that is your favourite, it will be be for you to know when to sell it off, except on rear occasions of some exceptional coins and cases like that are not that common.