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Author Topic: Lessons from the fullest dip  (Read 2565 times)
Evushko
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February 02, 2019, 08:01:38 PM
 #261

The lesson is good, thanks for the advice and help, you will have to try to do everything and strive for the best!

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February 02, 2019, 08:08:21 PM
 #262

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.

in such a market as now you need to quit the trade even when you earned 50 percent of the profit because now it is a very big profit

dolcefarniente
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February 02, 2019, 08:39:11 PM
 #263

Fighting your own greed is a very hard job. I do it from year to year, but have not yet achieved a positive result. After all, money is never enough. Cheesy
maianh09
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February 02, 2019, 08:42:01 PM
 #264

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 are always greedy and putting on Altcoin is growing tremendously with the belief that everything will bring them benefits.
 Because of the belief in their greed, so many investors have abandoned large sums of money for this Cryptocurrency market.
beehimneff
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February 02, 2019, 08:46:04 PM
 #265

Yes, these are very useful lessons in the cryptocurrency market! The hardest lesson for me is not to be greedy, I still haven't fully learned that lesson. Grin
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February 02, 2019, 08:48:51 PM
 #266

Yes, these are very useful lessons in the cryptocurrency market! The hardest lesson for me is not to be greedy, I still haven't fully learned that lesson. Grin
This is a great lesson, and it is difficult to learn it. To learn this lesson, you need to spend a lot of money and realize how stupid you are when you're greedy. I hope you won't have to spend too much to learn this great lesson.  Grin Grin

sell my ac_________nt
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February 02, 2019, 08:51:04 PM
 #267

Yes, it's a long fall I'm sure is a lot to learn and to profit to withdraw and not to love the coin and not to be greedy. You need to have a purpose why you are investing time and withdraw your profit.
Kolua20
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February 02, 2019, 08:55:07 PM
 #268

This is of course all interesting, but as we know, people do not learn from their (and even other people's) mistakes. This happens rarely. Of course you are right about greed, You need to set an end goal and no more.
temilade200
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February 02, 2019, 09:01:28 PM
 #269

Some of the lessons I have been able to learn in the dip and fluctuating market of year 2018 is what is helping me now.
I have also been able to learn from other people's mistakes.
There are certain things to watchout for while investing in a coin or project.
Even if you cannot discover a good project on your own, you can visit threads or other communication channels of the project to gain more understanding.
apitico
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February 02, 2019, 09:43:02 PM
 #270

I think that there is only one valuable lesson, if you see that the market goes down after a long rise, do not hesitate and sell until the price falls.

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February 02, 2019, 10:26:49 PM
 #271

I would add another advice:
Never get a loan to buy crypto currency or to trade with margin. That's what I experienced and I will never repeat these errors. Learn on my experience!

renault18turbo
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February 02, 2019, 10:28:25 PM
 #272

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

These are top rules for all of us. Especially the thing with falling in love with a coin and being greedy
wxganz
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February 07, 2019, 05:48:59 PM
 #273

I think these are useful lessons for some persons despite I don't really agree with all of them. By the way point one is funny. Does anyone fell in love with a coin?

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February 07, 2019, 07:22:50 PM
 #274

when the price of cryptocurrency falls very deep I can get the most important lessons, the lesson is that I have to be patient and not be too greedy to wait until more expensive because price movements are difficult to predict so I should be able to take advantage of the best prices at the exchange.
ajdaj
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February 07, 2019, 08:00:17 PM
 #275

when the price of cryptocurrency falls very deep I can get the most important lessons, the lesson is that I have to be patient and not be too greedy to wait until more expensive because price movements are difficult to predict so I should be able to take advantage of the best prices at the exchange.
I think that the best lesson was for those cryptocurrency users who invested in Bitcoin at the end of 2017. I think that only very careful attention to any information on the cryptocurrency market should bring a good result. You can not blindly believe what you read and hope for those forecasts that strangers tell you, without providing specific facts in confirmation.
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February 07, 2019, 11:03:17 PM
 #276

I think that under such bear markets will always act herd instincts and people will sell and buy even not understanding that on fact happening.
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February 07, 2019, 11:15:23 PM
 #277

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 are right and this can happen again many times in the future, we all thought Bitcoin is going to reach the moon and will be unstoppable, so when the next bull happen everyone will remember this lesson and will now be very careful on every coin they are holding.

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February 07, 2019, 11:23:31 PM
 #278

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.

in such a market as now you need to quit the trade even when you earned 50 percent of the profit because now it is a very big profit
I agree 50% in this market is a lot , I would not expect a lot of money in the bear market , I think if the market was bullish it would be possible to wait for further growth and the market is likely to fall and your profit as well

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February 07, 2019, 11:25:35 PM
 #279

I wonder, will people really learn their lesson?

I myself am doing my best to keep my head on straight and learn from what is happening.
But there is something that tells me that if another bull run is going to come, I will throw it all away and be greedy lol.

In retrospect, the current market condition is expected.
You can't just quickly recover after having such a fantastic bull run like last year.
It wasn't just the end of 2017 craziness, all of 2017 was very bullish.
Last time btc had such a strong bull run and crashed, the price stayed low for a whole 2 years.
I think we will see similar things throughout 2019.

The real question is, where will the bottom be? And at what price point are you ready to buy up more?
That's right, after the price increase is fantastic, there will definitely be fantastic price reductions and the market will be very difficult to recover, the reason is because when the market falls, people will switch from crypto and that is what makes the market difficult to recover
unfortunately everyone just likes crypto when the price goes up

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February 07, 2019, 11:42:20 PM
 #280

At least we have to be at a safe point. Don't hold coins too long, and don't panic too much when the coin price drops. My advice, it's better to experience a little cut loss. compared to having to lose completely.

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