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Author Topic: LESSONS FROM CRYPTO MARKET  (Read 2401 times)
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March 03, 2019, 02:19:48 PM
 #261

one of the most important lessons for the crypto market is nt to invest at the time of fomo investing in fomo will put us in long term holding because of the price pump


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March 03, 2019, 05:25:35 PM
 #262

one of the most important lessons for the crypto market is nt to invest at the time of fomo investing in fomo will put us in long term holding because of the price pump





You have to know at what time of the market to invest, because if you decide to invest in a phase of uptrend, your investment will fall, however, we are in a phase of the market where investing is the best way, since it is the phase that we indicates that bitcoin is cheaper, when the bitcoin starts to rise many will invest although it will be more expensive than now, but all this is psychological.

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March 03, 2019, 07:18:55 PM
 #263

The lessons from the Crypto market taught me not to be greedy in taking advantage, because greed was the beginning of defeat in the world of Crypto trading, I had experienced it myself. so I want to learn not to get greedy from the Crypto market.
I also learned that avoid being greedy because in that way I can grab all the opportunity to earn a profit and helping me to avoid setting a higher goals on which can give me a big loss when I expected on it.
usually there is one momentum for each special pump and it must be analyzed correctly, many traders take this opportunity with maximum capital, and this is not classified as greed, I understand this after much chatting with them because market conditions also get good short-term reactions to profit target.
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March 04, 2019, 07:48:28 AM
 #264

Cryptocurrency aside, greed and fear are two bad things and one should do their best to take these two devours out of their life, cause if you don’t, it’s going to destroy you. Greediness is a very bad thing, sometimes it might cause you any harm, but it will cause to other around you.

Take for example, those that likes to pump and dump cryptocurrency, that is an act of greediness and what they are doing is hurting others and destroying the cryptocurrency community.
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March 04, 2019, 08:33:44 AM
 #265

one of the most important lessons for the crypto market is nt to invest at the time of fomo investing in fomo will put us in long term holding because of the price pump





You have to know at what time of the market to invest, because if you decide to invest in a phase of uptrend, your investment will fall, however, we are in a phase of the market where investing is the best way, since it is the phase that we indicates that bitcoin is cheaper, when the bitcoin starts to rise many will invest although it will be more expensive than now, but all this is psychological.
Timing is very important, you will do it at the right timing if you will analyze the market movement carefully.

Our analysis is our main weapon to be successful, and since we all want to succeed, we should not be an lazy investor.
This market is always been very unpredictable, the risk is high so we have to make a strategy that would fit in this market, I am currently amaze by
a lot of information we can get in the community, we can use this as a tool also in making a decision.

For me, I have decided to just hold calm and let the market stretch a big and wait until it's really for uptrend.

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March 04, 2019, 01:51:56 PM
 #266

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?
You are 100% very correct in this matter.
I myself experienced it many times, it was very difficult to get rid of greed in the crypto world I thought.
we are always made to want to always get more and more.

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March 04, 2019, 06:31:20 PM
 #267

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 lessons that i learned from crypto market is never be scared whenever the price will start to decrease for me not to have any regrets and do not expect a huge profit after recieving the tokens in the bounty campaign because most of it don't have any good price.

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March 04, 2019, 06:40:20 PM
 #268

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?
You are 100% very correct in this matter.
I myself experienced it many times, it was very difficult to get rid of greed in the crypto world I thought.
we are always made to want to always get more and more.
But I am sure you have learnt about controlling our greed with bitcoin market because it will give you many opportunities so you will not have to rush for selling, I learnt many things from market, I got experience I got to know how we can have patience and increase our profit, and market taught me waiting is best investment ever.
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March 05, 2019, 12:53:30 AM
 #269

yeah that's a good example, sometimes many people want to be rich in a short time, and make them greedy and in the end they regret that asset prices go down and they are scared, so basically don't get too high expectations. but they must be patient and accept if they get a little profit.
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March 05, 2019, 01:02:25 AM
 #270

Of course, it is always good to set goals for every investment made on crypto. This will serve as a guide to when to sell and when to buy more. However, the major lessons every investor must know is about "patience." The crypto market is not always a one way movement. There are times the prices go up and times when the prices go down. When the prices go down, patience is required to hold the coins till it begins to rise again - panic selling only deteriorate the market situation.

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March 05, 2019, 01:49:01 AM
 #271

in the crypto industry, we must be the most greedy person to buy all assets when prices still fall, after that hodl to wait for prices to rise and gain a bigger profit.
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March 05, 2019, 03:05:21 AM
 #272

in the crypto industry, we must be the most greedy person to buy all assets when prices still fall, after that hodl to wait for prices to rise and gain a bigger profit.
Buying when the price fall is good, but being greedy is bad.
We will never get the success if we have that greed inside, crypto has huge potential but it's very unpredictable in terms of price movement, so even
if we buy at a low price and will find a good timing to sell, but if we are greedy, we might not be able to sell it at a good price.

We have to play smart in this market, play with our mind all the time, emotion are just some distraction in this venture.

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March 05, 2019, 03:55:41 AM
 #273

in the crypto industry, we must be the most greedy person to buy all assets when prices still fall, after that hodl to wait for prices to rise and gain a bigger profit.
Buying when the price fall is good, but being greedy is bad.
We will never get the success if we have that greed inside, crypto has huge potential but it's very unpredictable in terms of price movement, so even
if we buy at a low price and will find a good timing to sell, but if we are greedy, we might not be able to sell it at a good price.

We have to play smart in this market, play with our mind all the time, emotion are just some distraction in this venture.

Indeed, we must be good at reading the market situation so that we can take what can provide benefits. Fear prevents forward thinking and greed makes us lose money if it's not right. Good emotions can make our motivation to continue to take advantage of the red market and emotions that make us lose, just throw it away and it will be detrimental. Quite calm and positive thinking that gives us the opportunity to move forward.

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March 05, 2019, 05:11:20 AM
 #274

i dont think that lessons are so useful in crypto market. because i know that the experienced traders couldnt earn enough money during last bullish because of their bad experiences. but some newbies could make very good money.
Nah, the lesson you learn matters a lot in crypto.
Fear was one of the reasons I missed out a bit from the last bull run.

I was so afraid I decided to quit and by the time I realized what was happening it was late and the price of Bitcoin was already getting high and by the time decide to invest out of FOMO, the price started going down.

I learnt my lesson from that and I’m not going to make the same mistake anymore.
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March 05, 2019, 05:58:24 AM
 #275

one of the most important lessons for the crypto market is nt to invest at the time of fomo investing in fomo will put us in long term holding because of the price pump




If you invest in the bear market it will be ideal choice of yours for the high return as in future it will grow and continue doing that which will lead to good money making opportunity and also can help you build a good portfolio for yourself and retire rich.
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March 05, 2019, 06:13:16 AM
 #276

one of the most important lessons for the crypto market is nt to invest at the time of fomo investing in fomo will put us in long term holding because of the price pump




If you invest in the bear market it will be ideal choice of yours for the high return as in future it will grow and continue doing that which will lead to good money making opportunity and also can help you build a good portfolio for yourself and retire rich.


Some people will think of buying at a lower price because maybe the price will be worse and not yet reached the lowest price to buy. You should wait for some time to see the very falling prices that you can buy and make a profit again.
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March 05, 2019, 08:53:57 AM
 #277

yeah that's a good example, sometimes many people want to be rich in a short time, and make them greedy and in the end they regret that asset prices go down and they are scared, so basically don't get too high expectations. but they must be patient and accept if they get a little profit.

If you are a beginner maybe you will do the same thing to make all your coins into money that you can sell to buy everything you have and regret seeing the price of coins you sell is higher than what you have done.
but now very few coin movements have good price movements, there are so many coin prices that are very cheap now, maybe later when the price of bitcoin has recovered the price can be expensive and you can use it to seek profits from price movements on the exchange .

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March 05, 2019, 09:12:07 AM
 #278

I'm curious OP, did you managed to sell anything before it plunged? May sound mean, but these people losing money is where hodlers get their money from.

We like to think trading is an emotionless task but really, it's hard to not be emotional about money. It takes discipline to say "Okay, I've already achieved my set amount of profit and would exit now" when you see it climbing higher and higher.
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March 05, 2019, 09:10:40 PM
 #279

The lessons from the Crypto market taught me not to be greedy in taking advantage, because greed was the beginning of defeat in the world of Crypto trading, I had experienced it myself. so I want to learn not to get greedy from the Crypto market.
I also learned that avoid being greedy because in that way I can grab all the opportunity to earn a profit and helping me to avoid setting a higher goals on which can give me a big loss when I expected on it.
That’s right being greedy is really not good thing because I have seen allot of people suffering only because of their greedy nature and foolish decision taking habit so I learned not to take any decision without research and not to be greedy for miner profit even when my future is really safe with something called patience, so I learnt having patience in any situation.
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March 05, 2019, 09:22:47 PM
 #280

The lessons from the Crypto market taught me not to be greedy in taking advantage, because greed was the beginning of defeat in the world of Crypto trading, I had experienced it myself. so I want to learn not to get greedy from the Crypto market.
I also learned that avoid being greedy because in that way I can grab all the opportunity to earn a profit and helping me to avoid setting a higher goals on which can give me a big loss when I expected on it.
That’s right being greedy is really not good thing because I have seen allot of people suffering only because of their greedy nature and foolish decision taking habit so I learned not to take any decision without research and not to be greedy for miner profit even when my future is really safe with something called patience, so I learnt having patience in any situation.
Patience helps to see the clear picture without dust and additional painting on charts. Greedy people always want money from the market and they simply don't care about the development of the project. Maybe, that's the reason why coin prices are dumped after listing on exchanges.
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