Lesson from the prolonged bear market

[ophyrim]

Sincerely, it is not so easy with this long time dump/bear market. Long awaiting promises weakens the heart. I hope guys have learnt their lessons like when next the bull run appears you take the best opportunity and invest for the raining day. What's your lesson too?

Experiences are the best teachers for the people who are smart. And for the experiences you need time. And yea you are right I am working on my lessons.

[mornabo]

When everyone around me was buying I should have prepared to sell.
Buy back at the bottom.

That has been the way wise traders trade!  If you want to invest and make money you are to be selling when others are buying and buying when others are selling.  That is one of the greatest lessons I have learned from 2018.

Though it's not that easy to go against the trend since there are also times when it'll produce good results. For me the takeaway is that regardless of what's happening to the market or whatever the trend is, make sure you studied and prepared for what you're going to get yourself into. Most of those that got rekt just jumped into the hype of 2017.

I think the strategy is not like that forever, especially when the upward trend occurs. Of course many people will buy at that time, and if you don't buy maybe you will be left behind by the train because you just lost the opportunity, like in 2017. buying when many people buy can also be a good thing, thats why you should see more market first

Indeed! Volatility is not something to worry much about because it's part of market growth and in gaining profit. I learned to stay more patient and hopeful that market can potentially recover at the course of time, at the same time being strategic as to what are best actions to take during price fall. I also motivate myself to explore inorder to learn more, to discover more creative ideas, to gain knowledge, experience, and be more productive rather than getting stressed out by taking a look at the current state of the market. At the end of the day, it's all in the mindset and on how we respond with these kind of situations with optimism and humility.

the most important thing about market fluctuations such as bearish is that you know how to apply a strategy to buy and sell, you should to have a strategy or plan for it, from your lessons and experience you must understand what will happen on the market, you're right, rather than sad, better make a strategy from the experience you have got

[Prettymie]

Sincerely, it is not so easy with this long time dump/bear market. Long awaiting promises weakens the heart. I hope guys have learnt their lessons like when next the bull run appears you take the best opportunity and invest for the raining day. What's your lesson too?

This is the difficult part on all of us as our investment funds had been trapped with the bearish market situation which nobody expected this to happen in this volatile market. I learned to extend my patient as I trust the team behind on those token I have and I will wait for the time to sell my token at the best price. I'm optimistic that the market will recover soon and we need to take advantage with the affordable price to buy more coins for our future.

[shoreno]

Sincerely, it is not so easy with this long time dump/bear market. Long awaiting promises weakens the heart. I hope guys have learnt their lessons like when next the bull run appears you take the best opportunity and invest for the raining day. What's your lesson too?

This is the difficult part on all of us as our investment funds had been trapped with the bearish market situation which nobody expected this to happen in this volatile market. I learned to extend my patient as I trust the team behind on those token I have and I will wait for the time to sell my token at the best price. I'm optimistic that the market will recover soon and we need to take advantage with the affordable price to buy more coins for our future.

thats right mate . patience is the best lesson that we have learnt from this long bearish market  but sadly not all have learn their lesson because some guys still sells thier coins because they cant wait a little longer  . some sell because they are afraid and they think that the market wont return to normal anymore .  i feel bad for them  but that is thier life  . instead of concerning about the other's much better if i can do my own business .

[Dodoymabs]

This is actually the first time that it happens and if we look back from the start, we can actually see the same cycle. So, those who are already been in crypto for so many years, I think they already know with this kind of stuff. And yes, commonly patience is necessary to survive with this kind of business as what many have said.

[Rana590]

This is actually the first time that it happens and if we look back from the start, we can actually see the same cycle. So, those who are already been in crypto for so many years, I think they already know with this kind of stuff. And yes, commonly patience is necessary to survive with this kind of business as what many have said.

We should prove that we are strong community. For this reason, we should support bitcoin by buying and holding. Market can be down but impatient is not solution. Market don't stay same in all the time.

[deisik]

People are much more bearish than at $6K (a big improvement) but in general still seem too hopeful. More weak hands need to be flushed out it seems

Did you change your stance too?

You are the second poster here who I remember having recently changed their mind in respect to future price action. I recall you were way more optimistic not so long ago. Or did you really expect the last rally to continue up and beyond 4k?

Maybe you should re-read what I said. Just because someone thinks a short term bull trap might occur doesn't mean they think the bear market is over

Nonsense aside, are you bullish or bearish now?

Personally, I don't see a lot of upward momentum now, and the way I see money being poured into altcoins (Litecoin, more specifically, as of recent) tells me there is not much to hope for with Bitcoin in the coming months. And as I have said earlier (with the market seeming to confirm my assumption), we will likely see more action in a few "selected" altcoins in the nearest future. In this way, yes, it pretty much comes down to "a never ending tight range" (as much as I don't believe in it myself)

[fullhdpixel]

I don't understand why everybody think we hit the bottom when the technicals are clearly indicating overwise.

I see lower highs and lower lows, the long term moving averages pushing price down, and no V-bottom to indicate sellers are finally exhausted. So yeah, the technicals are looking like crap.

People are much more bearish than at $6K (a big improvement) but in general still seem too hopeful. More weak hands need to be flushed out it seems.

People always want more and more, which make them greedy. To me I think that the small investors should be more careful, they should even compromise with small profit, those people who have booked profit above 16000$ they do not have any worry about the market, rather they are in good position to do buying in good and reasonable prices.

[Rooster101]

Trading can still be profitable during bear market because not all coins are going down so it is better to learn it while waiting for another bullrun to come. I learned this lesson during the prolonged bear market because the predicted bullrun never materialize last year so I decided to learn trading instead. Trading is more risky then holding and expect some losses during your initial trading.

[Febo]

Lesson from the prolonged bear market.

If bottom happened 2 months ago then this bear market was not prolonged. It was almost totally same length as the one in 2014. 13 months.  Prolonged bear market would happen if it would last until second half of his year.  That would give us bull market to start only at end of 2020.

I don't understand why everybody think we hit the bottom when the technical are clearly indicating overwise.

I started my sentence with word "If"  since we will be sure only a year after bottom will happen.    But if bottom had not happened yet then it will happen soon and not at end of year or next year.  So it dont really matter that much for anyone.

[deisik]

Trading can still be profitable during bear market because not all coins are going down so it is better to learn it while waiting for another bullrun to come. I learned this lesson during the prolonged bear market because the predicted bullrun never materialize last year so I decided to learn trading instead. Trading is more risky then holding and expect some losses during your initial trading

Which coins are not going down?

If we take long enough timeframes, it will be clear that all coins are going down. Indeed, there are pumps (followed by inevitable dumps) but other than that altcoin prices are following Bitcoin's price action pretty closely. On the other hand, not all coins are born equal as some are more equal than others. They don't fall as much as the rest of the pack, and that's why this bear market is an eye-opener of sorts which allows you to clear see the real potential of a coin, who is to be the winner and who the loser

[superving]

The lesson ive learned in this prolonged beae market is to never hold your coins for too long, dont wait for that moon ,rocket or lambos,  or you will end up wrecked.

[Ronyx]

Learning to be more patient that reality is not as easy as what you want, needs to be more calm and in dealing with market conditions.

[Question123]

I have a lot of lesson I learned during the bear market but it is being patient and wait for the value to increaseed it or to recover it.

Bear market measured my patient and until now I complete and Im relax and Im confident that it will recover. I learned also during the negativity of others you need to be positive so they will not affect on you and they will follow you in the end which is being positive.

[gabmen]

I have a lot of lesson I learned during the bear market but it is being patient and wait for the value to increaseed it or to recover it.

Bear market measured my patient and until now I complete and Im relax and Im confident that it will recover. I learned also during the negativity of others you need to be positive so they will not affect on you and they will follow you in the end which is being positive.

Well those that think in the same way would likely be more fortunate than others. The way i see it, instead of whining about how you lost or currently at a loss and holding, this bear trend showed that this market is not for people expecting instant profit. You have to be prepared for whatever's going to happen by knowing the essentials and having a plan.

[bustedsynx]

Eventually Bitcoin's price will bounce up and establish equilibrium. The price does not reflect the fundamental developments that are happening in the blockchain space. Just look at the price now. It could be the "bottom."

[guoyu78]

I have a lot of lesson I learned during the bear market but it is being patient and wait for the value to increaseed it or to recover it.

Bear market measured my patient and until now I complete and Im relax and Im confident that it will recover. I learned also during the negativity of others you need to be positive so they will not affect on you and they will follow you in the end which is being positive.

Only expert and well patient people can wait for such a long time and can stay and wait patiently.
New investors and inexperienced people always come in pressure and start selling even on falls information. I think that such people cannot make get any profit from the market.

I think they need to study the market first should spend some time in the market and after getting some experience they should enter the market and should do investment. I think that the current price is the best time for investment in bitcoin, because my own analysis is that market will very soon start improvement and the will hopefully not decrease anymore.

[Koro-Sensei]

Lessons from prolonged bear market, If BTC declines there is a possibility that other coins will decline too. Another one you shouldn't trade if you cannot afford to lose all that money in one go because it's like a gamble but it needs long time of service to rise or dump. Be confident on what you own because a positive mentality is needed in here to survive the incoming heartbreaking moment, be ready for that one too.

[Bagaji]

I hope guys have learnt their lessons like when next the bull run appears you take the best opportunity and invest for the raining day. What's your lesson too?

In my opinion, advising people to invest when the bull market start is not a rational investment decision but advising them to invest more particularly now that the market is on the bearing trend will be better.
The lesson I learned was that you have be greedy when people are afraid of investing and be afraid when market is up and people are despirate to invest.

[deisik]

I hope guys have learnt their lessons like when next the bull run appears you take the best opportunity and invest for the raining day. What's your lesson too?

In my opinion, advising people to invest when the bull market start is not a rational investment decision but advising them to invest more particularly now that the market is on the bearing trend will be better.
The lesson I learned was that you have be greedy when people are afraid of investing and be afraid when market is up and people are despirate to invest

It was a good advice, actually (to invest at the beginning of a bull market)

What you say ("be greedy when people are afraid of investing and be afraid when market is up") may sound good and nice and all that, but this is no more than a catch phrase like "invest when there is blood on the streets even if it is your own blood". In most such cases you will be left with nothing if you follow this approach. I can just say that trend is your friend and never try to catch falling knives