TIDOVEE (OP)
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February 04, 2019, 01:28:38 PM |
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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?
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BTC4theFUTURE
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February 04, 2019, 02:39:42 PM |
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I learnt that I had to decide if I was a trader or investor. Didn't do a very well trying to do both.
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ThirdPrize2
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February 04, 2019, 02:48:03 PM |
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Only invest what you can afford to lose.
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Upgate
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February 04, 2019, 02:56:55 PM |
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Why don't you tell us what to invest in during the bull run or do you mean take advantage of it by selling off. Beside investing in the bull run means you buy it at high prices and when the bear market comes things goes bad
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Daniel91
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February 04, 2019, 03:41:41 PM |
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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?
In fact, I made several mistakes here. First, I didn't sell when price was high. Even worse, I exchanged part of my btc to some other coins. I also spend some btc when price was low. To many mistakes but what I can do now? Just wait, hold and hope the best. Next time I will be smarter. Just, I'm worried if will be next time.
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izanagi narukami
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February 04, 2019, 03:46:13 PM |
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At this time, all I can do is wait. Personally I'm an investor so I'm usually analyze for long term and the TA shows downtrending until now !
Maybe this is what we called The Market revealing itself !
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posi
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February 04, 2019, 04:04:18 PM |
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Why don't you tell us what to invest in during the bull run or do you mean take advantage of it by selling off. Beside investing in the bull run means you buy it at high prices and when the bear market comes things goes bad
With your rank, I believe you ought to have know that investing during the bull run market(which you mean to be during ATH) are not a wise decision but this method are only good for day traders and day trading for those that know the inside out of crypto currency investment. However, the best thing to do during bear or bull market to accumulate the right coin and patiently wait.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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arpon11
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February 04, 2019, 07:13:56 PM |
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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?
Many new investors were cut off at January last year and most people and investors are still holding because they couldn't believe their eyes that it is possible bitcoin could fall this low. I think we are at times when we should really learn lessons from all that has happened as this is the longest bearish trend that has been witnessed in the history of bitcoin and few people see that coming. I think we are in a bad condition and we should really learn from this. I have many people that I encourage and buy bitcoin above $10,000 and uptill now they are still holding. I have made up my mind to sell early if we would have another bullish market again.
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harizen
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February 04, 2019, 07:30:49 PM |
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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?
With the long term period of so-called "bearish trend" people should now realized how risky putting money on crypto is. This should served as wake up call for those 2017 peeps who believes that earning decent money in crypto is an overnight scheme. Back in the wonderful day of bitcoin price establishing new ATH day by day, no one knows what will happen next that's why we have seen lots of people take the ride by purchasing bitcoin at any price. Generally, nothing wrong with that "AS LONG" as they know what they are doing and truly understand all the risks associated with it. But remember that the bearish trend also turned out to be a good situation. Some people now able to analyzed a good strategy out of this trend and not just will rely on thinking that "everything must goes up". Also, lots of altcoins showed how weak their resistance is and in the end they turned out just a product of hype with no good foundation at all. Just remember that a certain trend will surely end no matter what. Just continue our usual way of accumulating bitcoin.
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Tramle091296
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February 04, 2019, 07:44:30 PM |
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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?
I learned that Im Getting Greedy on the price that i sell my bitcoin earlier to invest on other coins. and Holding to much that expecting the price will be higher to get more profit, Focusing on one coin. Ill Do next time is to sell my bitcoin when the price give me profit and invest to other cryptocurrency to get atleast a profit to other coin while waiting.
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BitHodler
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February 04, 2019, 08:37:15 PM |
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I can see why it's a difficult time for people hoping to see the market finally recover, but you have to understand and accept that the market isn't moving to favor your positions, especially during a bear market.
Most people only know how to buy in and wait for the price to go up. It worked extremely well back in 2017 and even in the beginning of 2018 for certain altcoins, but the market has obviously changed.
I do regret not having opened a short above $6000 just as a form of insurance would the price tank, and it did. I'm not going to short the current market with how I don't know what the price will do from where we are right now.
At least, I know what to do the next time....
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BSV is not the real Bcash. Bcash is the real Bcash.
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sunsilk
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February 04, 2019, 10:28:31 PM |
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Lesson of not believing to most of the predictions. We have the freedom to believe them or not although its a good way to encourage yourself when we are still on the bearish trend. Another thing is by being contended od the profit that you had made.
Dont be too greedy and dont you expect that much. It is a waiting game and market is for patient people. It has taught me to increase my patience.
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figmentofmyass
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February 04, 2019, 10:32:04 PM |
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In fact, I made several mistakes here. First, I didn't sell when price was high. Even worse, I exchanged part of my btc to some other coins. I also spend some btc when price was low. To many mistakes but what I can do now? Just wait, hold and hope the best. Next time I will be smarter. Just, I'm worried if will be next time.
this is why so many people end up selling too early during the subsequent bubble. bear market recency bias rules their emotions, so once the price finally recovers, they can't sell fast enough. i've been there myself. the 2014 bear market (my first) was pretty scarring for my psyche. it took a long time to recover from that and stop letting it affect my trading analysis. the bear markets impart important lessons about market psychology. learn those lessons, but don't let them turn you into a permabear!
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thecodebear
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February 05, 2019, 01:42:43 AM |
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I learned don't try to trade during a bear market - i lost of lot of money I had made in 2017!!
I also learned wait for a few months after the bottom seems to be in to start accumulating. Luckily I played that right and even though I thought 6000s was the bottom as it seemed to clearly be the bottom by september/october, I didn't start buying in until after the drop (which i never expected) in november. So i've been buying in since it dropped to the 3000s - but really this was by accident, if I had had money earlier I would have been buying in the 6000s so I got lucky but still learned a lesson despite already "playing it right". And the bottoming out transition phase between bull and bear market is many months long so even if you wait a few months after it seems to have bottomed out to start accumulating, you still have plenty of time to accumulate, so there is no reason to worry about missing the bottom by waiting for a few months to make sure the price is in fact in the bottom range!
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dothebeats
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February 05, 2019, 02:45:49 AM |
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The lesson everyone should have grasped on this recent bear market is that no one should ever buy when everyone is cheering and celebrating the rewards they've gotten with bitcoin. It should be common knowledge by now that during the phase of hysteria, many people are already considering on selling their coins, so it's best to avoid buying in while everyone else's minds are already on buying out of the trend. Also, it's better to buy in and average down the prices while you can as it will help you get a better and lower entry point, thus helping you get better profit margins.
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romero121
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February 05, 2019, 03:35:41 AM |
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During the previous prolonged bear market I was using bitcoin, and by that time it didn't looked to be a big thing as now. Because by that time the price was staggering around $1000 and it was the peak value. Beyond that it didn't moved forward, users too didn't consider much about the price. As the price peaked last year the expectation on bitcoin increased drastically and the same has made people think much about the prolonged bear market at the present.
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figmentofmyass
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February 05, 2019, 06:02:57 AM |
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I learned don't try to trade during a bear market - i lost of lot of money I had made in 2017!! money is definitely easier to make in a bull market. everything pumps---and quickly too. during bear markets, it's endless sideways and short-lived crashes. it's important to trade with a bear bias: sell into bounces, short broken support. otherwise your account will see lots of red. even if you do it well, you're constantly paying interest to fund shorts and exposing yourself to exchange risk. and short squeezes are emotionally tormenting too. i definitely understand people who just walk away from the market when the bear sets in.
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davis196
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February 05, 2019, 07:05:43 AM |
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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?
I've learned most of my lessons back in 2017,when I sold lots of BTC during the spring at 2-3K USD,and 7 months later,the price went thru the roof.That's why I'm a fanatic HODLer now. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Last year wasn't very important for btc.It wasn't important for me as well.
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Kemarit
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February 05, 2019, 09:06:13 AM |
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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?
Majority of members here hasn't seen the bear market, because for sure most of them joined in 2017 wherein they thought that the price could go on parabolic rise, so that's the first lesson to be learn here. And this market works in cycle, so you also need to book profits and learn how to adjust your trading plans. Be flexible, don't listen to those so-called experts, and lastly learn how to save in the long run. As I have said, every year is not always bullish so at least step aside some profits so that you won't get burned in this market easily.
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Naida_BR
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February 05, 2019, 09:14:50 AM |
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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?
What I learned in this prolonged bear market is that never hear what others say. I understood that is a lot of people in forums, twitter, youtube that promote some coins for their own benefit. They don't have any special sign, they just try to pump the price in order they will be able to sell at a higher price than they bought. I started to realize that when I learnt how to interpret Graphs and evaluate them based on historical data.
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