LESSONS FROM CRYPTO MARKET

[tukagero]

Only one thing ive learned in this crypto market:
Never hodl your coins ,dont ask for higher price and big profit or else you will regret if the price will suddenly drop.

[1714707046]

1714707046

[horrifiedx1]

Only one thing ive learned in this crypto market:
Never hodl your coins ,dont ask for higher price and big profit or else you will regret if the price will suddenly drop.

indeed, if we are not good at analyzing, but for those who have good fundamental techniques, certainly not afraid to hold coins that have the potential to have a good future. indeed, today many are frustrated because the prices have dropped dramatically, and therefore many have eroded their confidence

[michellee]

Only one thing ive learned in this crypto market:
Never hodl your coins ,dont ask for higher price and big profit or else you will regret if the price will suddenly drop.

That is quite enough for us and not only you, because in these situations, but we also cannot expect a big profit except if the price is getting a pump by some people. It is better for us to take any profit every time we can so we do not regret and hold too long in any coins because holding coins need big patience which not all people can have.

[jrrsparkles]

After a year, a lot of lessons that we did learn. There are 2 precious things that I think I should remember:

+ Fear
+ Greed

I learned that from my teacher, he said when you buy Bitcoin at 10k, it's then $12k your greed rises inside you and you don't want to take profit and expect more. Then, the downtrend is coming, BTC goes down to $8k, you'll be scared to cut loss, and what'll happen, you lose more while BTC drops to $4k.

So, we need to set up your expected profit point as well as the stoploss point.

How about you, what is your lesson?

Greed is the thing caused lot of harms to the crypto market investors,they just keep speculated about $20K but there were some people who took advantage of it and made money by dumping and dumping too very low level.But don't lose your hope the prices will increase is the another lesson we will be able to learn in future.

[Dodoymabs]

Only one thing ive learned in this crypto market:
Never hodl your coins ,dont ask for higher price and big profit or else you will regret if the price will suddenly drop.

indeed, if we are not good at analyzing, but for those who have good fundamental techniques, certainly not afraid to hold coins that have the potential to have a good future. indeed, today many are frustrated because the prices have dropped dramatically, and therefore many have eroded their confidence

Certainly, this is the risky part of business we tend to hope for the bigger profit and so greed comes in. Well, this is the consequences of being risky which we also lose and all we can do is being wise enough especially what happens in 2018. Many definitely are losing last year that leaves a scars and probably make them to be more careful this year.

[thinhthai]

Don't know about fear and greed as these are emotional quotients. But I can certainly vouch for "Stop loss" as this is a very basic mistake made by every single trader during their initial days of trading. I repeat, every single trader has done this mistake by not putting a "stop loss".

Let me share one of my experiences with you. In 2011, I used to work with a well known stock broking company as a customer service executive. We were the ones who used to get the trade recommendation of that day before anyone else. That was the first day of the month and I had just received my salary so I decided to try my luck with one of the recommendations. Every recommendation comes with a stop loss amount as well. However, when I placed the trade as soon as the market opens up, I simply ignored the stop loss. Within next 3 minutes, I had lost 70% of my salary because I didn't set up the stop loss. That month, I had to borrow money from my dad to cover my travelling expenses. That is one of the greatest lesson I learned that day for stop loss.

Ignoring stop loss can be super fatal that I learned the hard way!

Agreed!!! It does sound a big lesson for you 

[goaldigger]

The only lesson i got hold on to now is that, we should all have this very long line of patience in order to survive this wild market.  Fear is the people's natural way to save himself, while patience will takes place after. Greed is somehow connected to it because as what you said, if you want more, you'll wait untill your money grows bigger.

[Siti Nurbaya]

The lessons learned are indeed these 2 things, but to overcome this is patience. Patience not to feel afraid and patience not to be greedy. Only one point of patience is to be able to overcome what is happening. Determining profits is indeed necessary and must be done to meet the needs of life, but when the crypto market has to study these traits in order to be able to control.

[romero121]

There were lot and lot of things to be learned from the crypto market. The first thing that I learned from the crypto market is to use the opportunity at the right instance. Missing could lead you to face a very big decline in your portfolio. Almost each and every user in the cryptocurrency network could've experienced this. Another important thing is the greed. Lot of users out of greed without any research get into the cryptocurrency network and face big loss. This too needs to be avoided, which is possible only through proper learning.

[awik p]

The only lesson i got hold on to now is that, we should all have this very long line of patience in order to survive this wild market.  Fear is the people's natural way to save himself, while patience will takes place after. Greed is somehow connected to it because as what you said, if you want more, you'll wait untill your money grows bigger.

for small investors like me, your advice is true. now I can only be patient waiting for prices to recover. because if I sell now, I will suffer a loss. by looking at the shining future of Bitcoin, of course I have to hold it until my target is fulfilled. luckily my money I use is free money, so my psychology is more stable

[sheenshane]

The only lesson i got hold on to now is that, we should all have this very long line of patience in order to survive this wild market.  Fear is the people's natural way to save himself, while patience will takes place after. Greed is somehow connected to it because as what you said, if you want more, you'll wait untill your money grows bigger.

for small investors like me, your advice is true. now I can only be patient waiting for prices to recover. because if I sell now, I will suffer a loss. by looking at the shining future of Bitcoin, of course I have to hold it until my target is fulfilled. luckily my money I use is free money, so my psychology is more stable

That's right keep on holding because those are patiently waiting they are most likely succeed in this kind of business a cryptocurrency investment. Even me I invested last year since in the first quarter of the year but until now I didn't spend them. Fear and greed are natural emotion on a human being but at least we know how to control with it. Learn base on your experience in trading and put some lesson to avoid failure activity near in the future.

[whiteblue]

the lesson that you can possibly get from the exchange is that you don't get easily influenced and don't let you buy, you should be able to buy when the price is low and make sure you have to be careful when you want to buy coins.

[Dondont]

After a year, a lot of lessons that we did learn. There are 2 precious things that I think I should remember:

+ Fear
+ Greed

I learned that from my teacher, he said when you buy Bitcoin at 10k, it's then $12k your greed rises inside you and you don't want to take profit and expect more. Then, the downtrend is coming, BTC goes down to $8k, you'll be scared to cut loss, and what'll happen, you lose more while BTC drops to $4k.

So, we need to set up your expected profit point as well as the stoploss point.

How about you, what is your lesson?

the lesson that I often get is, don't overly expect the market situation, be realistic. Market conditions can really make us mentally down, no need to pretend that we are okay. Because it is certain that the moment in this market is only temporary. We only need to know how to get a more chance

[Nnedaddy1]

I have learnt that the major factor why people fail in Cryptocurrency market is greed and fear like the poster asserted.
I learnt this in agony because I lost heavily all because I was being greedy instead of taking my profit.,I was waiting for more which never came .

[cizatext]

I have learnt that the major factor why people fail in Cryptocurrency market is greed and fear like the poster asserted.
I learnt this in agony because I lost heavily all because I was being greedy instead of taking my profit.,I was waiting for more which never came .

Well in business you either lose or win but you can not have both at the same time I guest you situation should serve as a lesson for you and other's cause when you want to make it big at once you may some time lose all. But if I must advice this is the best time to buy more because the price is low now and don't forget to cash out your profits no matter how little it is.

[Oceat]

Reading news and looking at the chart will help us determine what would be our expected profit upon investing. And also, move with the flow if everyone was started selling then sell. You can tell if they were moving already based on the observer chart, people will keep on talking about the price on that area. So you won't have a hard time finding a go signal and don't be greedy.

[DAVETUN]

Unrealistic expectation, formulated through several news which tends to develop greed is a lesson for me, from the loss of 2018, I now ensure I take profit and capital to be invested in other viable project. I do not wait for the bull run to commence before taking profit.

[shinharu10282016]

After a year, a lot of lessons that we did learn. There are 2 precious things that I think I should remember:

+ Fear
+ Greed

I learned that from my teacher, he said when you buy Bitcoin at 10k, it's then $12k your greed rises inside you and you don't want to take profit and expect more. Then, the downtrend is coming, BTC goes down to $8k, you'll be scared to cut loss, and what'll happen, you lose more while BTC drops to $4k.

So, we need to set up your expected profit point as well as the stoploss point.

How about you, what is your lesson?

Never ever join the hype train ride. Its a crime in most countries. It will also bring you trauma.

Learn how to trade for yourself, and do not be greedy. It can kill all your investments, not just the only ones on the crypto market.

[biskitop]

personal experience, when a bear market occurs, the best step is to become greedy. but when the market bulls run, it becomes fearful because after a bull run there will definitely be a bear, and after the bear there will definitely be a bull run.

[Lpim01]

personal experience, when a bear market occurs, the best step is to become greedy. but when the market bulls run, it becomes fearful because after a bull run there will definitely be a bear, and after the bear there will definitely be a bull run.

Satisfaction is really to achieve and it could lead into greediness. Isn't bad to be like that if we are doing it good not unless in the illegal activities. I've never saw badness in the market nor we are in troubled, this new change in trend won't be that we are in the dip hard. If we look into crypto historic chart, we can see that it is growing. The price today is still from the day it is started, so nothing to be worried.