Lessons from crypto in 2018

[armanhusni]

Of course, the lessons learned from crypto in 2018 are very many. Especially patience and invest wisely. The market from February has declined and now prices are still not recovering. And we must remain calm and not make sales when the price is red.

The market from February hasn't declined. It pumped in the first 3 months of 2021 then get dumped from April and still it is recovering slightly. So I am now recovering my money from NFT coins because now it is the time for NFTs coins. I suggest you take a look at NFT coins.

your choice is very right to recover your finances, but I am more interested in altcoins that have low prices like aurora and Btt only to restore my finances when the price reaches high prices later.

[rozak]

your choice is very right to recover your finances, but I am more interested in altcoins that have low prices like aurora and Btt only to restore my finances when the price reaches high prices later.

if you trust those assets I think you should do some long-term planning. AOA and BTT have a good market when the bulls pump this year. but after the correction occurs you can see how the price continues to decline.
I'm not sure if you will just wait for a bull moment like this year to repeat itself.

[kak uli]

The lesson i learned in this years of crypto is to learn more on how to hold, because i just sell right away my coins without the intension for gaining bigger profit, and in the long run i just found out that the coins i sold becomes 10 times increasing its price. And that's a regretful part to me.

[Nazmul012]

The years 2018 teach me, dont hold cryto for long, sometime you Should sell out your assets! This is bacause many coins from my portfolio turns into garbage and i lost my funds for that. But year, the years 2018 also teach me that top coins are always safe! For example: if you hold btc & eth or bnb from then to till now, then imagine how much asset you are already increase for yourself

[sulendra12]

I feel I would had been rich if I had spent some of my profit in 2018 to my bank account instead of just let it there until the price crashed. It was stressed me out for a few days because I couldn't made a decision way back then of how unstable I am. But from there, I have become more "careful" with my decisions and I have seen the progress and improvement of my habit in this few years.

[Tahid12]

What should is say about 2018! It was complicated to me. I lost a big fund because of crush. but btc, eth, bnb were being hold in my bag, and that bring me profit in 2021 although i sold my shares before they hit their ath cause i afraid of crush again but gald that i can recovery my fund. So i learn, we shouldn’t be disappointed soon, sometimes making patience could give you more, than you lost

[Mehedi72]

Its hard for me to explain about those lessons what i learned from 2018! Its a long story to share.  till on January in 2018, i was able to gain large amount of profit from crypto market. everything was going smoothly in my life but i notice cryptp market was become turning into red ocean and I'm losting my profit. I saw 90% dump of my profit gradually which is shocking to me. Then i convert it into cash. but after that, i took break from crypto world for 2years. Come back when seeing btc is raising as rocket. I am able to make some profit and learn that, how to trade, how to manage emotion, how to stand up again after failure occurs in life.

[armanhusni]

your choice is very right to recover your finances, but I am more interested in altcoins that have low prices like aurora and Btt only to restore my finances when the price reaches high prices later.

if you trust those assets I think you should do some long-term planning. AOA and BTT have a good market when the bulls pump this year. but after the correction occurs you can see how the price continues to decline.
I'm not sure if you will just wait for a bull moment like this year to repeat itself.

That's definitely what I do, I will still wait for the best time to happen with aurora and btt, I have to survive the correction time up to 5 months and even more than that I have to wait. but it's okay with that, as long as I can get a big profit after holding on longer

[odukoyaewatomi27]

Looking back at 2018, i learned a lot of lessons but the most important lessons is to take profits as you're seeing some profits.
This is because a lot of the profits i saw from trading all my altcoins, i lost most of them through holding onto my coins and not selling to take some profits.
Now i always take profits n USDT no matter how small

[ogundowotoby01]

The biggest lesson  from 2018 is that you shouldn't invest time into new project that you haven't done your intelligence you should not invest more than what you're willing to lose in any project that's when you put yourself in the cryptocurrency Market which is filled with a lot of scam projects and a lot of coins that will end up not being successful I don't know in court unless nylons is to always go to the closest any I'm going to try to wait for the price of losing coins to rebound

[usaha jaya]

The lesson that can be learned in previous years is to be patient. The word is very simple but as long as you are patient with cryptocurensy, many are less grateful and greedy. A trader and an investor are not the same but have the same mentality to earn, both have different points of view, an investor may wait until the market is good while a trader must quickly do something to avoid further losses and lose a lot of assets.

[Orange89]

After an unbelievable 2017 in the next year we had seen a lot of scam i had learnt a life lesson in these year THAT'S
Don't spend your valuable money in that fake ICO or project with some unknown partners or person always when you are happy with your investment also learn to take your 80-90% profit don't wait for the price to fall down , try to spilt your portfolio never INVEST in single coin/token with your all portfolio in it try to be calm when your trading don't take to much pressure in your head That's the some lesson i had learnt in 2018 from crypto

[MCobian]

The lesson that can be learned in previous years is to be patient. The word is very simple but as long as you are patient with cryptocurensy, many are less grateful and greedy. A trader and an investor are not the same but have the same mentality to earn, both have different points of view, an investor may wait until the market is good while a trader must quickly do something to avoid further losses and lose a lot of assets.

What happened in 2018 is indeed something that will not be forgotten, where the market was completely destroyed, many investors panicked and sold
all their crypto at a loss. But if we can be patient, it will generate a large profit if we can hold coins until this year. I agree that the most important
lesson we can take from the events of 2018 is to always be patient, because patience when investing in crypto always brings good things.
The most important thing is that we choose coins that are potential for investment, So if the price falls, it won't take long for the price to rise again.
What we need to know is that making a profit from crypto cannot be instant, it is a sometimes lengthy process, so patience is the key to success
when investing in crypto.

[cheezcarls]

I know that this is an old thread, but yes this reminds me of my experience way back in 2018. I remembered the glory days of 2017 where we see the uprise of Bitcoin and other cryptocurrencies due to the ICO hype. However, because of many negative news from the regulators in some parts of the world, the crypto market plunged from almost $20k down to $3k.

The lesson is that if we already got profits even for just a little, just take it and be happy. I was greedy back then, so I’ve lost a lot of money for just being a “greedy holder”. But there are some cryptos that I was lucky back then in converting to fiat after it skyrocketed, so yeah I am still grateful. But for most of them, oh well I’ve just sold them too late rather than enjoying big profits early.

[liqidoxgen]

My most valuable lesson of 2018 is not to be greedy and try to take profits. Especially when some coins made X 30 or more. I didn't do it then and now I'm a little disappointed that I missed a good opportunity and wasted time.

[carrigan]

The valuable thing I can take away is the importance of patience and consistency with cryptocurrencies. Don't be careless and panic about the market that suddenly goes down and down. Keep your emotions in check and monitor the market as often as possible to get updates. This looks trivial but is actually difficult, especially in a precarious and sudden situation. Therefore our mentality is really tested here.

[bison]

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.

Of course, there are many lessons that can be learned from the events of 2018, for me personally, in trading and investing we must have a maximum profit and loss target that we can tolerate because it will affect capital, trying profit opportunities from other coins when there is a decline can also be a problem. the good one. an alternative to staying productive in critical times, coupled with emotional control and not being greedy during a green market, because many investors are too greedy to get big profits so they don't take the profits they should get and instead lose the results of their greed.

[goolesby]

The prestige of cryptocurrencies slumped throughout 2018. The prices of almost all cryptocurrencies fell sharply and their market capitalization hit its lowest point in early April 2018.
In fact, going back one year, 2017 was a year full of euphoria for cryptocurrencies as their market capitalization grew very well.
The escalation of regulatory threats, bans on buying cryptocurrencies, closing of cryptocurrency exchanges, as well as concerns over potential fraud and hacking are some of the reasons behind the cryptocurrency slump, I hope cryptocurrencies will not be like 2018, it was a dark year in the crypto world.

[Fredomago]

My most valuable lesson of 2018 is not to be greedy and try to take profits. Especially when some coins made X 30 or more. I didn't do it then and now I'm a little disappointed that I missed a good opportunity and wasted time.

Such crazy things really happened especially in the time when ICO really made many lucky investors to bag out huge amount of money,

Though not all are lucky just how things happened to you, either you missed the fun due to wrong perceptions or you got greedy thinking to push for more.

Those are things that you'll going to remember and learned, since you are still here, for sure you wanted to do different things and try to make sure that you'll going to take every opportunity that you have to be earned and manifest success from this business.

[pealr12]

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 can't deny I have gain alot more experience since from 2018 to date being in crypto, witness both the bull and bear season, no doubt I have gain more experience but my decision now will not be entirely base on my 2018 experience rather it will be base all what is happening at current time, there is a big difference between 2018 and 2021 and so will be any decision made.