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Author Topic: Lessons from crypto in 2018  (Read 41037 times)
komjhq
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December 18, 2018, 11:35:55 AM
 #201

Yes, this year has entered a lot of new investors, usually they are losing money. I also lost a lot of money this year. I don't think I should invest in ICO, don't play gambling games, don't buy unknown coins. These are my experiences. This is a cruel lesson.
Facebook Inc., which is secretly developing its own cryptocurrency, has recently begun to significantly expand the blockchain staff. In addition, the American crypto money exchange Coinbase returned the option for customers to withdraw funds in the cryptocurrency through the payment service PayPal. It seems to me that this information should encourage investors.
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December 18, 2018, 11:46:13 AM
 #202

What valuable lesson(s) have you learnt from the crypto space in 2018 and how is it going to shape your involvement in the space going forward? Looking forward to your responses, hoping one or two persons learn a thing or two from them.
actually there are many lessons that we can take in 2018 especially about crypto because, this year we can see various types of news about crypto and its development, and if we learn more from crypto it can indeed increase our insight into crypto and certainly will getting smarter in playing in the crypto world.

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December 18, 2018, 11:52:16 AM
 #203

Nothing different than lessons from 2017. Basically, there are 3 main things to watch and you are good:

1) Don't get greedy, sell when you have to
2) Invest the money you are willing to lose
3) For the love of god, cash out your profits!!!

If you follow those 3 steps your losses should be and should have been minimal even when dealing with a year like 2018.

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December 18, 2018, 11:57:32 AM
 #204

I also learned this year to withdraw some of your profits. During the bull run, I don't take out most of my profits because I have formed some greed inside. Even if it's a good amount of profit already, I still don't take it out. Instead, I want to gain even more - which is not applicable always especially in a bear market like this.
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December 18, 2018, 12:02:42 PM
 #205

There were several lessons from crypto currency I received, first of all, don't put all of your funds in 1 coin, second is that you might store your funds in a secure way and third one is that scam are around us and everybody can cheat you even if ICO looks promising!
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December 18, 2018, 12:10:20 PM
 #206

The main lesson for me is that you do not need to invest all the money in a single project.  Better less, but in a few!
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December 18, 2018, 01:55:24 PM
 #207

I have learned that you should never sell your tokens deep and that there is no crypto experts that are predicting the crypto prices. You should only trust in yourself, your knowledges and your analysis to reach something on this market.
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December 18, 2018, 01:59:05 PM
 #208

first lesson: no one knows the bottom second lesson: everything is possible in this market third lesson: there is no free money in life everyone will pay in the end .. good luck in the rest of your journey
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December 18, 2018, 02:23:25 PM
 #209

Crypto world has a very big potential to change anyone's lifestyle. When i entered in this crypto market in December 2017, that time market was on its all-time high position. And that time i done many faults because i had not any proper knowledge of crypto industry.
But after that i am spending my time to understand crypto currencies by blogging and taked different-different lesson's from here like:
1. Without proper knowledge we are just zero in this crypto industry, so first of all we should take good research about crypto currencies and without knowledge do not make any coin trading.
2. We should always diversified our fund in different big potential coins or projects and does not invest in cheap wasted coins.
3. Always make a target price of our purchased coin and when it will reach on our desired price, then immediately sell them and not to be greedy for more growth.
4. If our buying coin or token is down from our buying price then take patience and wait till it will not bounce back to his top price, but do not sell them in any condition.
5. Do not expect to get huge profits in very short frame of time.
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December 18, 2018, 02:23:45 PM
 #210

What valuable lesson(s) have you learnt from the crypto space in 2018 and how is it going to shape your involvement in the space going forward? Looking forward to your responses, hoping one or two persons learn a thing or two from them.
Yes, i have learned a lot this year about crypto and its environment.
Especially that nobody should trust, because there are a lot of scams in the crypto area.
If there were less scams in the crypto area, the acceptance of crypto would be bigger.

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December 18, 2018, 02:32:17 PM
 #211

Yes, this year has entered a lot of new investors, usually they are losing money. I also lost a lot of money this year. I don't think I should invest in ICO, don't play gambling games, don't buy unknown coins. These are my experiences. This is a cruel lesson.
Facebook Inc., which is secretly developing its own cryptocurrency, has recently begun to significantly expand the blockchain staff. In addition, the American crypto money exchange Coinbase returned the option for customers to withdraw funds in the cryptocurrency through the payment service PayPal. It seems to me that this information should encourage investors.

Are you sure about facebook developing their own coin? Of course you can't provide a link because its secret Smiley

The whole year of bear market had terribly made investors running scared. Its then they realized thier money was gone when all awhile they were hoping to profit thousands if btc gains from $19k to $500k.  Lesson learned: Settle for less.
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December 18, 2018, 02:34:01 PM
 #212

One of this biggest lessons I have learned from cryptocurrency is Patience and that has bring about me holding my coins even though I am not even used to long term holding, but now I can hold for a long time.

It's not just patience to invest, we need to wait, but wait is part of the strategy. Set up a safe, accurate and profitable strategy so that your wait will produce a better result in the future, in your policy Grin

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December 18, 2018, 02:35:31 PM
 #213

What valuable lesson(s) have you learnt from the crypto space in 2018 and how is it going to shape your involvement in the space going forward? Looking forward to your responses, hoping one or two persons learn a thing or two from them.
Yes, i have learned a lot this year about crypto and its environment.
Especially that nobody should trust, because there are a lot of scams in the crypto area.
If there were less scams in the crypto area, the acceptance of crypto would be bigger.
I've learned that patience is really important when do holding and wait for the rising of price in the market. Also I've learned that is not easy to know if the coin is worth it or have potential because there is a time can encounter a buy a not profitable. And also I've learn that we need to learn how to analyze the project before we participate.

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December 18, 2018, 02:42:11 PM
 #214

I learned cryptocurrency last year when the hype is high. Also i got big amount of profits from it and now i learned so much things. Dont be greedy, you can gain many profits if you have patiance. I hopes next year the market can recover like before.

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December 18, 2018, 02:48:51 PM
 #215

One of this biggest lessons I have learned from cryptocurrency is Patience and that has bring about me holding my coins even though I am not even used to long term holding, but now I can hold for a long time.

It's not just patience to invest, we need to wait, but wait is part of the strategy. Set up a safe, accurate and profitable strategy so that your wait will produce a better result in the future, in your policy Grin
Always have sets of plans, don't be stuck with only one strategy but multiple and anticipate possibilities, if you have extra alternative plans you can react properly and you will be at the safe position,the market still volatile and from the previous runs we do see lots of fluctuations and really huge downfall, learn
from it and assess deeper then execute your plans.
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December 18, 2018, 02:59:03 PM
 #216

What valuable lesson(s) have you learnt from the crypto space in 2018 and how is it going to shape your involvement in the space going forward? Looking forward to your responses, hoping one or two persons learn a thing or two from them.

If we want to get rich with great profits, we can invest in the long term with the right price, if we have good time, we can invest in the best time. But I think, investment we also need a good strategy for that and waiting is necessary for each strategy Wink

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December 18, 2018, 03:05:53 PM
 #217

There were several lessons from crypto currency I received, first of all, don't put all of your funds in 1 coin, second is that you might store your funds in a secure way and third one is that scam are around us and everybody can cheat you even if ICO looks promising!
I believe a huge number of investors are losing their money with their investment into ICOs projects this year. Due to the bearish crypto-currencies market, a lot of ERC-20 tokens are basically worthless at this moment, so investors who are still holding multiple ERC-20 tokens in their wallet would have a negative portfolio and it would even be harder for ERC-20 tokens to rise in values as compared to bitcoin.

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December 18, 2018, 03:14:29 PM
 #218

What valuable lesson(s) have you learnt from the crypto space in 2018 and how is it going to shape your involvement in the space going forward? Looking forward to your responses, hoping one or two persons learn a thing or two from them.

I have learned that in crypto, everything can happen fast. Cryptocurrency can go down to almost 100% of it's recent value, and you can either earn or lose everything in a small span of time. I've also learned to be patient for you not to make foolish decision. I have learned an expensive lesson this year since I've lost a lot of money in the bloody market.
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December 18, 2018, 04:45:56 PM
 #219

Hold out till the bottom to buy the dip, and be patient and optimistic.

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December 18, 2018, 04:46:49 PM
 #220

Learning to be able to understand the situation to be able to make the right decisions, I think that's a lesson that can be learned from crypto in 2018. Because we often hear that opportunities will never be repeated or come for the second time, but of course we all hope crypto will give us happiness in 2019 which will come with an increase in prices that can give us profit.
It is hope that today can really help, because everything else has already gone, in general, like our deposit, which could very often be increased or at least fixed, but the most greedy remained.
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