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Author Topic: LESSONS FROM CRYPTO MARKET  (Read 2395 times)
reality18
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October 08, 2019, 03:47:27 AM
 #341

Cryptocurrency has taught me several lessons and each lesson grants me another experience level in my cryptocurrency investment adventure. One of the lessons that cannot be underestimated is the ability to exercise patience and not to panic sell. The past two days experience of BTC is a classical example because BTC fell to $7.7K but now back at $8.2K. This shows how the impatient and panic sellers may always end up losing.
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October 10, 2019, 05:42:15 AM
 #342

I learn more with crypto for patience, by joining with cryptocurrency I get lesson where I have control my emotion when trading or investing. When price higher I have sell without waiting again to control my emotion I sell it, and buy when price down for take much profit with my bitcoin and altcoin assets.

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October 10, 2019, 05:48:53 AM
 #343

Very big learning being an investor on cryptocurrency is, opportunity should never be missed. Once missed there is no assurance whether we'll get such an opportunity again. This happened with my portfolio, because what(tokens) valued more than $20000 is now not even $200. All that we can do is just hold with positivity in mind.

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October 10, 2019, 06:51:52 AM
 #344

I think the best option to make is to watch the market more often and if the price drops too quickly, it's better to sell to gain profit than to have significant loss. That's why Bitcoin investing and trading is higher risk than other forms of investment, so one must have high emotion tolerance to make the right decisions as much as possible. The most important thing is to learn from those mistakes and use those lessons to make yourself better.



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October 10, 2019, 06:54:43 AM
 #345

I learn more with crypto for patience, by joining with cryptocurrency I get lesson where I have control my emotion when trading or investing. When price higher I have sell without waiting again to control my emotion I sell it, and buy when price down for take much profit with my bitcoin and altcoin assets.
That is learn through your experience and we have lucky to be here early as we know how to manage ourselves when the same situation in the past happens in the future. It's just about how strong we can hold and that patience is really important, and if we are already aware on how the market moves, we will not easily panic even if we will witness a long bear market like over a year already.

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October 10, 2019, 07:45:42 AM
 #346

I my opinion crypto market is the best training ground for trading. I learn to trade in crypto market first before I learn the nature of stock market which likely an opposite experience. But at least it is advisable that you should learn the basics of stock market trading before you engage in this volatile assets.
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October 10, 2019, 07:47:38 AM
 #347

What i learned is to have a trading plan and don't let emotions (like fear or greed) overcome this. Over the years there have been so many missed opportunities where i thought, "this is looking bad, maybe i should sell/buy" but then i never followed through with action because of emotions.

Trust your instincts. If you do the necessary research then you have no reason to not feel confident about your trades.

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October 10, 2019, 08:10:06 AM
 #348

cryptocurrency taught me the courage to take risks. every decision I have made I must dare to bear the risk. must not regret and despair. and the key to success from investing or trading cryptocurrency is patience and don't be greedy. greed will make us lose more. it is better to take a little profit but to continue rather than to wait long but ultimately get nothing. for example I bought bitcoin at a price of $ 8500 I would sell it when it was $ 8600 then I take the $ 100 and the $ 8500 I invest again.

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October 14, 2019, 10:29:50 AM
 #349

I learn many lesson from crypto market is teach me how to enough for get profit with bitcoin and altcoin investment, many people do not enough for everything with his profit after their altcoin or bitcoin price higher but when price down they will know what have they did if sell their asset early will be possible get much profit, after price down we weak up why not sell my assets last time moment and if I sell maybe I have get much profit with my investment.

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October 14, 2019, 10:41:12 AM
 #350

How about you, what is your lesson?
My lesson is just one, and it is greed the deadliest sin of all. My greed in earning more money made me lose so much that I can't even support myself on a daily basis when that happened. Then I figured out where did I go wrong and eventually recovered up and here I am back at living again a happy life and my greed is already gone and im more patient than before.

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October 14, 2019, 01:18:06 PM
 #351

The lessons I learned from crypto are a good way to trade and invest and patience plays a role in the crypto world to be able to control my emotions in facing market conditions that are very difficult to predict.
crypto really provides a good lesson that I will not get other than in this forum, especially how to analyze and read graphs for potentially profitable coins and there are still many lessons that I get in the crypto world and besides that crypto makes my life better than before.

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Edraket31
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October 14, 2019, 02:23:32 PM
 #352

The lessons I learned from crypto are a good way to trade and invest and patience plays a role in the crypto world to be able to control my emotions in facing market conditions that are very difficult to predict.
crypto really provides a good lesson that I will not get other than in this forum, especially how to analyze and read graphs for potentially profitable coins and there are still many lessons that I get in the crypto world and besides that crypto makes my life better than before.

Good thing for you as per me one of the reason that I learned it to be patient all the time, not everyday you can gain a profit, so it is very important that you will always stay intact with what you are doing, stay calm and always do a research so you will know what are the news in crypto world, as news will play an important role in your life.

Palider
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October 14, 2019, 03:15:04 PM
 #353

I did not trust my knowledge and let my fears reign, So I did not receive a great opportunity that would have changed my life.

It's similar to many stories, but almost all of us have experienced it.

This is similar to Bitcoin, where many people are given the opportunity but are afraid.

So don't be afraid and trust your knowledge and ability. Because it will be the key to unlocking the door to change your life.
Genemind
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October 14, 2019, 05:32:05 PM
 #354

Investing in crypto has a lot of risks so you have to be brave enough to take all of it. However, setting a certain goal would be a good strategy. Sometimes, having no specific goal would only lead you into greediness which might cause you losses in the future. You have to set your limits and control your emotions.
gaston castano
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October 16, 2019, 07:25:33 AM
 #355

the thought that must be applied from the beginning, what goes up won't always go up it will definitely go down, and the opposite.
you only have to adjust the right time, make the target so as not to be swayed, indeed we must go with the flow, but if you take too long to be washed away, that is why you have to make a target when you will rise to the surface after a long dive.
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October 16, 2019, 07:56:55 AM
 #356

the thought that must be applied from the beginning, what goes up won't always go up it will definitely go down, and the opposite.
you only have to adjust the right time, make the target so as not to be swayed, indeed we must go with the flow, but if you take too long to be washed away, that is why you have to make a target when you will rise to the surface after a long dive.
Stay realistic all the time, allow your mind to control your emotion and not the other way around.

Based on my personal experience, I did a lot of mistakes in the past since I got greedy thinking BTC will continue to moon, one good example was what happen last year 2017 when btc had its ATH, I thought when BTC reaches to $19k, it will still go uptrend, but I was wrong, I was even hesitant to sell when I see it going dump abruptly because I trust BTC so hard without realizing correction should happen anytime.

Hopefully for newbies, they will continue to study and learn from the mistakes of others so it will not cost them money.

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October 16, 2019, 08:08:57 AM
 #357

I get lesson fear with cryptocurrency when first time I made deposit, will my money back investing on bitcoin return with profit or lost my money, keep on my mind will my money back or not, I brave my self and invest money at the first time with amount about $300 to buy bitcoin, day by day I got little profit with bitcoin raise and I try with investing on other altcoin.

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barabarian1
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October 16, 2019, 08:28:00 AM
 #358

the lesson I learned from the crypto market besides greed and fear is patience. when deciding to invest in crypto we have to wait patiently for our coins to go up and now we also have to be patient if our ICO project is a scam. cryptocurrency is not a way to get rich with cryptocurrency more than that. cryptocurrency with blockchain technology has provided a new breakthrough in our financial system. and now the blockchain is headed for mass adoption. this all proves we can get many lessons from cryptocurrency.

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arifteguhr
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October 16, 2019, 08:36:10 AM
 #359

the lesson I learned from the crypto market besides greed and fear is patience. when deciding to invest in crypto we have to wait patiently for our coins to go up and now we also have to be patient if our ICO project is a scam. cryptocurrency is not a way to get rich with cryptocurrency more than that. cryptocurrency with blockchain technology has provided a new breakthrough in our financial system. and now the blockchain is headed for mass adoption. this all proves we can get many lessons from cryptocurrency.
From the negative to the positive side is obtained. cryptocurrency is quite dangerous for people who have big ambitions without having insight because many people become poor due to their greed in making decisions. on the contrary, that many people have become rich due to calculations and also the insights they have gained.

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huu78
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October 16, 2019, 10:34:45 AM
 #360

I agree with you, 2 years I learned the crypto the longer the greed emerged.
Profit dissatisfaction causes us to be greedy in making a profit and ultimately ending loss.
We have to properly set profit well so there is no fear and loss.

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