Lessons from the fullest dip

[kuverty]

The sky was the limit in 2017. It is standard fare in the history of financial markets. After a period of major expansion, comes a period of consolidation.

[vova.andreyan.94]

It seems to me that everyone who works with cryptocurrency faces greedily, that is why we started to deal with it!

[princeyeboah]

One thing to also take note of is trading of a coin. If you prefer to hold a coin because of its potentials then i suggest you learn how trade with it in other to increase your total holdings. During the fall or bear conditions of a particular coin, it is seen that it normally goes up and down but not any significant increase - this is where you must learn to trade with it.

[absurde]

Thanks a lot for good lessons , especially to beginners . Do not be greedy as well, set up a point to get out from the price. Profit is profit.

[Nwankwobtt]

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

Thats quite a lesson there and they are all relatable. Every Cryptocurrency newbie should jot them down and apply them to day to day trades to enable them maximise profits on coins

[invincible49]

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

Let's say you have invested heavily in a project during the bull run, then the token price is now nowhere near the price that I bought at. What should you do during this bear run? From my experience I think it is only safe for me that I try to buy the dip to compensate my losses at the moment! Accumulate, hodl and sit back in relax. Let the project flourish and grow. Might make pretty good profit in the future after the bloodiest dip over!

[pemantaubtt]

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 hate to say this but it's all true.
when I first invest in cryptocurency it was all because of the hype ico was very high at the time and finally I became a hodler despite experiencing profits I never sold it I always became a greedy person and at this time I was truly destroyed because of greed.

[isen]

The main lesson is that you do not need to listen to the advice of even the most powerful analysts in your opinion, do not trust the market if everyone buys to sell and vice versa.

[zero714309]

I love your main point because im already feel that. Some trader also have that experience but the different is they will more careful which is learn from their experience or just let it go. Greedy and fomo really have big impact and all trader also feel that. The different is about how they control their self. Its better we always learn everyday and everytime because some of succes is from failed try but not give up.

[trash321]

The only thing that I can mark as a person who had this situation. No need to lose your head. You have this deposit today, and tomorrow it can really get lost again, as it has been all your life. This is a market and you need to understand it.

[kcgomez09]

yes many people learn from fullest dip like me i learn how to wait more longer and catch the dip so that i can make some good profits in the short period.

[jrrsparkles]

Even holding will hurts all the way in the bear market it can be taken as itter lesson when your intention is to trade that coin for more money.But the good lesson we can learn from it is that the prices of crypto currencies were keep dump and bump but the current bump in the prices were more than the previous one so people who are going to buy this dip will see a new all time high for their coins.

[Denreal]

So many projects and coins are just based on hype. Sometimes even i investors and traders look around for hype and which they themselves know is not enough to make a project have a lasting effect.
This sometimes happens, because they are looking for immediate profit, leave the project after obtaining their profit and move in to another. This has been the trend, but we need to be careful.

[adamreb]

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 seems to beginners in the crypto market that almost all projects have a good potential and can solve important problems of society. But you need to understand - only a few cryptocurrencies can survive. Therefore, to treat the appropriate choice should be especially careful. I completely agree with the rest of your advice.

[Distinctin]

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 seems to beginners in the crypto market that almost all projects have a good potential and can solve important problems of society. But you need to understand - only a few cryptocurrencies can survive. Therefore, to treat the appropriate choice should be especially careful. I completely agree with the rest of your advice.

If track all the existing coins right now, it surely more of them will stay on the dark and investors won't see its potentiality. Hypes is very influential into the market price but I believe it could be just a trap for greedy persons and will end up for losing. Hypes never stay for long and a big drop came after, that is why we should particularly prefer for it.

[sakuragi21]

Lessons that we have learned from the most downfall moments of cryptocurrency are the patient and optimistic mindsets.But the most important thing is we learn how to handle a hard situation like what happened to cryptocurrency market on the last year.so now we are armed by knowledge and experience so we can faces waht ever it takes.

[jhonjhon]

Lessons that we have learned from the most downfall moments of cryptocurrency are the patient and optimistic mindsets.But the most important thing is we learn how to handle a hard situation like what happened to cryptocurrency market on the last year.so now we are armed by knowledge and experience so we can faces waht ever it takes.

It is a situational scenario but some of us never think as a challenge and can't take it ended up by losing their patient. Our market never behave of what we wanted to be, making a speculations which have a less possibility for achieving. It gonna be wise to remain at ease and never get tempted for quitting.

[ethereumhunter]

So many projects and coins are just based on hype. Sometimes even i investors and traders look around for hype and which they themselves know is not enough to make a project have a lasting effect.
This sometimes happens, because they are looking for immediate profit, leave the project after obtaining their profit and move in to another. This has been the trend, but we need to be careful.

And sometimes, they forget that there is no instant profit and we need to wait for a while. The lesson from the dip is we can learn more about patience, how to hold the coins while the price is down, make another buy when the price is down too deep to back up the buy price. As long as we can buy any coins at the dip, we have a chance to make a profit when the price can bounce up, so we don't have to be afraid.

[gurunanakji777]

Its a human nature they made the same mistakes again and again when it comes to greediness. I would say we all learned a bitter lesson last year but I believe we can not say its the fullest dip because market did not stable as yet. We should always follow the money management, Avoid greediness and quit the trade when you are in good profit to avoid the loss.

[Cherylstar86]

So many projects and coins are just based on hype. Sometimes even i investors and traders look around for hype and which they themselves know is not enough to make a project have a lasting effect.
This sometimes happens, because they are looking for immediate profit, leave the project after obtaining their profit and move in to another. This has been the trend, but we need to be careful.

And sometimes, they forget that there is no instant profit and we need to wait for a while. The lesson from the dip is we can learn more about patience, how to hold the coins while the price is down, make another buy when the price is down too deep to back up the buy price. As long as we can buy any coins at the dip, we have a chance to make a profit when the price can bounce up, so we don't have to be afraid.

Exactly! In this volatile world of cryptocurrency we have to be aware of how this technology truly works, to take a look at the brighter side despite fullest dip inorder to be guided accordingly, and to never stop exploring for more creative ideas. I've  learned to always stay positive, be patient, to be more focused, have self-discipline, be hopeful, and believe and trust that everything will be back on track at the course of time.