LESSONS FROM CRYPTO MARKET

[Linkkoin]

Patience is one of the crucial elements. And of course, if you consider cryptocurrencies as a form of investment, not a payment method one crucial rule is: buy low, sell high. And if you see the hype about Bitcoin like in December 2017, it is the moment to cash out the profits. And it works the other way round as well.

So then, how much cryptos do you buy in such a bear market? 

[1715178134]

1715178134

[hahay]

Sometimes, greed will indeed make you lose because the next value that continues to decline, but when you are not greedy in trading, there is a possibility that you are too quick to make a decision to sell because a few hours later or a day later the market shows a good increase. So lesson a graph and analyzing every information is the main thing if you want to get the profit that is as expected.

[Natalim]

Patience is one of the crucial elements. And of course, if you consider cryptocurrencies as a form of investment, not a payment method one crucial rule is: buy low, sell high. And if you see the hype about Bitcoin like in December 2017, it is the moment to cash out the profits. And it works the other way round as well.

So then, how much cryptos do you buy in such a bear market? 

The best lesson you will learn is to learn how to be patient.
It's a way to avoid panic because eventually the market will grow, if we easy panic, it will only eliminate our chance
to enjoy a possible future profit.

Though we are not that perfect, especially if we are new, but we need to mature along the way.

[Bitfling]

We should not fear in cryptocurrency market. Its true that fluctuation very high and i think we can take this as an opportunity to trade and make profits. Its true that greed is bad and we should make our own profits target. If that target achieve, i think we can invest in new coin or withdraw the profits

[Johnyz]

We may took so long to achieve our goals but if we have enough patience and knowledge we can achieve it. Learn from this, and don't be greedy because the more you hurry this market, the more you will lose the money. Buy more if its cheap, don't wait for the price to go high again before you trade.

[dongyi17]

  Well lesson learned: don't expect to much...and don't exchange you current job to bitcoin...be wise in joining any campaign, make sure its legit, and learn more about virtual currency..cryptocurrency, its movement, system etc know the right timing when and where to trade and most specially learn the art of having patient and perseverance.

[michellee]

Well lesson learned: don't expect to much...and don't exchange you current job to bitcoin...be wise in joining any campaign, make sure its legit, and learn more about virtual currency..cryptocurrency, its movement, system etc know the right timing when and where to trade and most specially learn the art of having patient and perseverance.

It's better to take the profit while we can get in these situations so we could still survive. And if somehow, we cannot trade, then it will better to stay and watch the market only because sometimes, there is a good time to buy any coins at the low price, so we have a chance to sell once it increases later. At least, we can see the opportunity from the market although the market is not stable yet.

[pinoyden]

Well lesson learned: don't expect to much...and don't exchange you current job to bitcoin...be wise in joining any campaign, make sure its legit, and learn more about virtual currency..cryptocurrency, its movement, system etc know the right timing when and where to trade and most specially learn the art of having patient and perseverance.

It's better to take the profit while we can get in these situations so we could still survive. And if somehow, we cannot trade, then it will better to stay and watch the market only because sometimes, there is a good time to buy any coins at the low price, so we have a chance to sell once it increases later. At least, we can see the opportunity from the market although the market is not stable yet.

How can we get profit from these kind of situations where all coins still in dump ?  If your a trader or investor , thats nearly impossible but if you are a bounty/airdrop hunter and a campaigner   ,  it will be possible to earn a little because you are only working for free  without spending any capital aside fron your time

[heninur]

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?

right, after reading your post I immediately laughed because I often did it was decided to sell when I suffered a loss.
maybe we should rearrange our goals in doing trade or investment, in my opinion getting a profit is slightly better than nothing.

[unusualfacts30]

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?

easier to read than apply for most people but I would say your teacher was smart man who read good books. I'm pretty sure I've read that idea somewhere else so its not very original per say but its effective to know how to control your emotions and let them not get in the way but its important to pay attention to them since they can alarm you about things before they actually become obvious to you.

[sirohige]

some lessons like you mentioned can I get from the exchange and lots of experience that I can get from the exchange, my most important experience is the price of cryptocurrency can never be predicted accurately and requires very high patience to be able to benefit .

[South Park]

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 people that are affected by those feelings do not really know much about trading, a trader has learned to let go of his emotions and to only enter a market when he sees an opportunity to make profits, if he chooses to ignore that simple principle he will suffer what you are describing in your post and when that happens it is too late and he will lose money, so before you make your trade you need to know exactly what you will do in case you earn money or in the case you lose it.

[glowing10]

Well lesson learned: don't expect to much...and don't exchange you current job to bitcoin...be wise in joining any campaign, make sure its legit, and learn more about virtual currency..cryptocurrency, its movement, system etc know the right timing when and where to trade and most specially learn the art of having patient and perseverance.

Crypto is volatile which is a known fact so this clearly means that not always people will be able to make money that is why it is said to be risky as well. But if you hold your right coin in future it can make you even millionaire when we have the bull run happen like 2017.

[pungopete468]

some lessons like you mentioned can I get from the exchange and lots of experience that I can get from the exchange, my most important experience is the price of cryptocurrency can never be predicted accurately and requires very high patience to be able to benefit .

It is true that prices cannot be predicted accurately. bulshit with those who give predictions without a basis and also only people who want to get advice

[TitanGEL]

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 reason why I lose my money, I will remove that characteristic in myself for me to avoid losses. I learned now many lessons to my past mistake so I will now use it for me to regain all of my losses.

[michellee]

Well lesson learned: don't expect to much...and don't exchange you current job to bitcoin...be wise in joining any campaign, make sure its legit, and learn more about virtual currency..cryptocurrency, its movement, system etc know the right timing when and where to trade and most specially learn the art of having patient and perseverance.

It's better to take the profit while we can get in these situations so we could still survive. And if somehow, we cannot trade, then it will better to stay and watch the market only because sometimes, there is a good time to buy any coins at the low price, so we have a chance to sell once it increases later. At least, we can see the opportunity from the market although the market is not stable yet.

How can we get profit from these kind of situations where all coins still in dump ?  If your a trader or investor , thats nearly impossible but if you are a bounty/airdrop hunter and a campaigner   ,  it will be possible to earn a little because you are only working for free  without spending any capital aside fron your time

Let me tell you a way to make a profit in these situations. Take a look at the market, and you will see there are many coins can increase and most of them is a low coins price so you can buy when it's down and sell when it increases. But I suggest that you don't need to make a big profit in one-time, it's better to take a small profit but constant so in the end, you will make a bigger profit. By doing that, I am sure you will understand what I mean.
And if you are a bounty/airdrop hunter, it is not good to chase the free tokens because you already know that the tokens are not worth right now and if you hold, you need to wait for a long time before the price can increase. So it's up to you, which way you want to do.

[adamlillian]

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?

I was more careful than you but I did not place orders at the correct price. I don't seem lucky in the transaction. I usually stop-loss near the purchase price and it often makes my plan disturbed.
I think we should learn how to set reasonable stop-loss orders to become successful.

[Best Dreams]

some lessons like you mentioned can I get from the exchange and lots of experience that I can get from the exchange, my most important experience is the price of cryptocurrency can never be predicted accurately and requires very high patience to be able to benefit .

It is true that prices cannot be predicted accurately. bulshit with those who give predictions without a basis and also only people who want to get advice

Yes it is hard to know the perfect price of upcoming value of bitcoin as it use to get change anytime we should not trust anyone who always talk bad as price will only reduce and reduce just make search about it on google or there are so many popular sites. The only lesson I have learnt is market will recover in no time just be patient and keep holding.

[Nhor1011]

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?

I think you are right but you can't blame people if they got fear in crypto because it is really very risky investing. All i learned is to be caurageous when you want to invest in crypto and of course you must take all the risk. Also need a lot of patience holding if you don't know trading. Much better to holf than to have a big losses.

[LUCKMCFLY]

The main lesson is to understand the market, to know in which direction it goes, in what phase we are, why are we there, technical analysis? Fundamental? both fail, the main thing is to understand the market and only understand studying books, such as Wyckoff, Livermore, who were first-rate speculators, also Buffet who is a sensational investor.