LESSONS FROM CRYPTO MARKET

[jcarlo]

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

How about you, what is your lesson?

Nice comment, but I'm not a good trader. 

So consider my words with caution it might not be the best advice. I would personally look at the overall market and when BTC was at 10k it was really to high to be true and obvious that the market was too hot. But some losses later we know it better and haven't bought it. 

I like HODL because it's something better in long term and all the trading fees are no issue when you HODL. 

I am agree, HODL is good decision if we dont have trading skill. Trading in volatile market is very risky and i think its take a lot our time because we should always maintain our trade and chart. Hodling make us more relax and the price will increasing again

[Seeker#9]

I learned a lot of lessons when I'm still a beginner in crypto market but I managed to overcome some bad habits that may cause me to lose some funds in the future. Newbies are usually prone to panic when the coin they are holding is going down but I managed to avoid this by learning how to control emotions during price declines. Sufficient knowledge in cryptocurrencies and trading will prevent you from making further mistakes.

[btcyoda]

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

How about you, what is your lesson?

Nice comment, but I'm not a good trader. 

So consider my words with caution it might not be the best advice. I would personally look at the overall market and when BTC was at 10k it was really to high to be true and obvious that the market was too hot. But some losses later we know it better and haven't bought it. 

I like HODL because it's something better in long term and all the trading fees are no issue when you HODL. 

I am agree, HODL is good decision if we dont have trading skill. Trading in volatile market is very risky and i think its take a lot our time because we should always maintain our trade and chart. Hodling make us more relax and the price will increasing again

Exactly, through patience, we need to HOLD them in the market because it is impossible to predict the situation. People who have a very good experience will always trade in the market whether the market is recovering and whether the market is in fluctuations.

[UmerIdrees]

My lesson is that I act coolly on certain tactics, and I recommend you to develop it, do not read the first news and do not get into the power of panic, because most of the actions in the market appear only because of panic.

Many lessons can be taken from the crypto market, including patience in HODL which will bring benefits. Then the analysis of various major state policies that can bring about the impact of crypto prices will increase or decrease. It all makes it smarter to make decisions. Because the final goal is profit.

Well, many people learn lessons from crypto trading once they have already experienced a big loss etc.  When a new person comes in crypto trading he is not well aware of when to buy and sell and of course sometimes do not HOLD because of his in-experience. Once he has faced such situation, he then actually understands crypto and the lessons which are learnt with experience are long lasting ones.

[Botnake]

I learned a lot of lessons when I'm still a beginner in crypto market but I managed to overcome some bad habits that may cause me to lose some funds in the future. Newbies are usually prone to panic when the coin they are holding is going down but I managed to avoid this by learning how to control emotions during price declines. Sufficient knowledge in cryptocurrencies and trading will prevent you from making further mistakes.

Not easily affected by FUDs is one of the greatest learning we can have in crypto, we don't get affected because we've witness how the market
move of our long stay. We also started as newbie and we are here in this position now because we choose to improve, regardless of how the market moves, we will still continue to trust crypto, invest and make money here, there's no room for success on us if we do panic as only people with weak hands will panic.

[lutfi-hasan]

Lessons from the Crypto market are about patience, because beginners seem to want to pursue profit without thinking of the decreasing price that always comes, and when the price drops automatically the asset will decrease, and that's where patience will be tested not to sell at cheap prices.

[basty03]

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?

Yes that's two is the main we need to remember in crypto as a lesson. Fear is the one thing people doing in crypto because of their fear to invest or to buy they got nothing when the market is on the bull. And greed of some people that everything will do make a good earnings. Also patience we know that some people in crypto have no patience they always want to earn money only.

[Finestream]

Lessons from the Crypto market are about patience, because beginners seem to want to pursue profit without thinking of the decreasing price that always comes, and when the price drops automatically the asset will decrease, and that's where patience will be tested not to sell at cheap prices.

Yes.Learning to be more patient and control our greediness would still be the best lessons i've learned from crypto.There are still a lot of uncertainties in this crypto market so we should always be patient in whatever might happen.And having too much greediness will not make you wealthy in the end.It will only make you lose even more if you will be carried away with your own greed.

[Burogh]

Lessons from the Crypto market are about patience, because beginners seem to want to pursue profit without thinking of the decreasing price that always comes, and when the price drops automatically the asset will decrease, and that's where patience will be tested not to sell at cheap prices.

Yes.Learning to be more patient and control our greediness would still be the best lessons i've learned from crypto.There are still a lot of uncertainties in this crypto market so we should always be patient in whatever might happen.And having too much greediness will not make you wealthy in the end.It will only make you lose even more if you will be carried away with your own greed.

I am agree. Greedy will leads us to big loss and patience is our friend. Getting profits is not easy and its require a good patience and good analysis. Holding is good option and i think it will leads us to big profits in the future.

[nur rochid]

Lessons from the Crypto market are about patience, because beginners seem to want to pursue profit without thinking of the decreasing price that always comes, and when the price drops automatically the asset will decrease, and that's where patience will be tested not to sell at cheap prices.

Yes.Learning to be more patient and control our greediness would still be the best lessons i've learned from crypto.There are still a lot of uncertainties in this crypto market so we should always be patient in whatever might happen.And having too much greediness will not make you wealthy in the end.It will only make you lose even more if you will be carried away with your own greed.

I am agree. Greedy will leads us to big loss and patience is our friend. Getting profits is not easy and its require a good patience and good analysis. Holding is good option and i think it will leads us to big profits in the future.

therefore we must have realistic targets, so that if the target is met, we can immediately sell it. this method that I have been carrying out so far, although it has not been perfect, because greedy is human nature

[cfif123]

My lesson is that I act coolly on certain tactics, and I recommend you to develop it, do not read the first news and do not get into the power of panic, because most of the actions in the market appear only because of panic.

Many lessons can be taken from the crypto market, including patience in HODL which will bring benefits. Then the analysis of various major state policies that can bring about the impact of crypto prices will increase or decrease. It all makes it smarter to make decisions. Because the final goal is profit.

I agree with you when the market is more dizzy and one of them is HODL, there is no other way if you are patient, you will get the excess, then the point is be patient

[darefreads]

The lessons I learned from my investments that loses it's regular amount this year is to have a better strategy and plan in investing to our favorite currencies. To avoid from losing our investments  and get what we are expecting to earn in our invested currency and make some more information about the projects that we will gonna participated to know if it has a big possible growth in the future.

[Cherylstar86]

My lesson is that I act coolly on certain tactics, and I recommend you to develop it, do not read the first news and do not get into the power of panic, because most of the actions in the market appear only because of panic.

Many lessons can be taken from the crypto market, including patience in HODL which will bring benefits. Then the analysis of various major state policies that can bring about the impact of crypto prices will increase or decrease. It all makes it smarter to make decisions. Because the final goal is profit.

I agree with you when the market is more dizzy and one of them is HODL, there is no other way if you are patient, you will get the excess, then the point is be patient

The world of cryptocurrency is full of uncertainties and surprises. With its volatility I learned to stay patient and positive. It taught me to build strong self-discipline and to focus more on my goals. Don't panic when situations go wrong or when crisis arise, never be afraid to fail, instead learn from bad and good experiences. Be open to changes as opportunitues, and continue to learn in order to grow and be more productive.

[davit putra]

In addition to fear and greed there is still patience and hope, and that depends on our thinking in learning about the decline in the market.

[South Park]

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

How about you, what is your lesson?

Nice comment, but I'm not a good trader. 

So consider my words with caution it might not be the best advice. I would personally look at the overall market and when BTC was at 10k it was really to high to be true and obvious that the market was too hot. But some losses later we know it better and haven't bought it. 

I like HODL because it's something better in long term and all the trading fees are no issue when you HODL. 

It is not easy but you can improve significantly if you are really interested in the subject, knowing how to trade is one of the most profitable skills that you can posses because once you learn to trade one market you can trade them all since all of them present the same characteristics regardless of the volatility of each market, so even if you do not feel comfortable trading cryptocurrencies you could trade stocks or forex and make your money there.

[incomefromcoins]

the crypto market is in initial stages of growth and development so there will be volatility  once the legality and regulations take place we can expect steady growth in prices but at the same time investors should be patience nt to do panic selling

[TheUltraElite]

In addition to fear and greed there is still patience and hope, and that depends on our thinking in learning about the decline in the market.

Hope is important in the bear market. But hope without being realistic is also a waste of time. Then false hope or misinterpretation of things is also a time waster. In this market condition I have seen people speculating over small stuff making it look so big as if the end of the world is coming. People become delusional like this when they are hopeless and having nothing to hold on to. This should not happen among traders and for this people need to practice.

I believe fundamental knowledge about crypto not being clear is the root of the FUD and false thoughts.

[Tungsten-1]

You have a good point! If we can only fully understand the market then we can know the right time to enter and to exit in trading.

And the toughest part of trading is doing the same. You cannot decide on what point is the best to exit by just looking at speculators. Remember that majority of the opinions are biased because they are coming from the bag holders of coins. They want to make profit dumping on people who are coming in new. If you do your own analysis then the older price chart should indicate a good entry and exit point.

There are many information around the internet that are useful in trading of cryptocurrencies.

There are also fake news and manipulative news which one must become resistant and begin to ignore. Then there are shill youtubers who pump their bags of coins.

There are whales who always ready to take the advantage of our unawareness so when they start to spread bad news in market they become so active whoever wants to sell they will be ready to buy, so same as you I got to learn that no need to listen them and selling buying should be done with my own observation and with patience.

[chaintee8989]

People those who are involved in the crypto market for more than a couple of years has learned the lesson.
Fear and Greed can’t benefit their investment but left broken. If someone is a true believer then they don’t have to fear about the market situation and they should have the plan to cash out the required assets according to their need without greed.

[mrdefendername]

Fear, greed and so on are of course bad, but sometimes you need to allow it, to a certain extent, to achieve the best result. Because if you do not want to achieve something more, you can remain with nothing.