Don't repeat same mistakes

[Lore06]

The point is don't make decisions just because of what you believe without constantly monitoring the price chart. especially don't get carried away by the hype out there, because some peoples will deliberately spread the hype to take advantage from that.
But don't be sorry if it turns out that the bitcoin price is much higher after some corrections ahead

[Ayapp]

making that kind of mistake again now will be too grave, i Hodl a whole lot of shit coins just following hypes and signals then some fake investors' comments also played a huge role in confusing us into buying into these projects. i look at those coins now and shudder, what was i thinking?

[ZZ8ZZ]

In 2017 when bullrun took over crypto space and many altcoins joined later some people still keep holding thinking that their altcoins will keep surging and surging, little did they know that bull season always have short life span when comparing to bear season, bear season can stay for years but bull season is just in months, so why are you holding when you should be selling?

Remember that some bought bitcoin at 20k and they have no choice but to hold till today, imagine all this year's waiting just to get back to where you once are. Bitcoin is over 18k now, good for them cos they are near recovery since 2017.

Know when to get in and know when to get out, don't be a greedy bastard.

I already learned my lessons back in 2017 when I had alts worth of 18K USD and didn't sell a single coin... I got all the coins for free from airdrops tho, but it's still a considerable amount of money that I missed on. However, I knew that there would be more bull run in the future and look what happens now? BTC back at 18k-19k mark and this time I'm slowly emptying my bags, hoping for the dip so I can buy again

[Kong Hey Pakboy]

I don't really want to commit the same mistake I have done the last year 2017 that I keep buying bitcoins while it continuously increasing its price, and later on, it suddenly goes down that instead of earning profit I have a considerable amount of losses. Good thing that I still hold 70% of my bitcoins from 2017 that I already now recover all of the losses because of the current bull run.

[ije07]

for me personally I am still waiting for the right time to sell, not because of greed, even though if I sell at the current price I have made a good profit with BTC. however because I am confident that bitcoin can break up to $ 19k, I have a goal of selling it. a minute and wait.

[MandatoryOption]

for me personally I am still waiting for the right time to sell, not because of greed, even though if I sell at the current price I have made a good profit with BTC. however because I am confident that bitcoin can break up to $ 19k, I have a goal of selling it. a minute and wait.

But how do you find the right time sell? The 2017 bullrun was fueled by the ICO hype but now ... This times looks different. More positive news from outside of the crypto world that hint to a much wider adoption. I think we are just seeing the beginning of the bullrun and it will go much higher than 2017/18. And I don't expect such a massive dump afterwards.

[Ghondronk]

I think, it is a 50-50 game. One mistake most of the investors frequently make is that they make decisions based on what they hear from others. They don't do their own researches. Some don't even read the whitepapers of these projects. It is essential to know where are you going to invest your precious earnings. Some projects may perform at the beginning. Some may perform after a period of time. Others may not perform at all. So that is the risk involved in this arena. It is your money, your own decision and you have to deal with your own risk.

[adzino]

So, you are suggesting people not to buy bitcoins right now because the price is already high? That is kind of a stupid thing to suggest. I mean, how do you know that this is the peak price before it starts to crash? What if it rises more? If you stop people from buying, then there will be less buy volume when compared to sell volume. This is turn will cause the price to crash. I would rather suggest people to invest as long as they can afford to suffer a loss. Though they should keep in mind that the prices may crash and make sure that the crash won't affect them.
But yeah, don't go investing because you of FOMO or greed. That won't end well.

[Becky666]

It's greediness to keep holding your tokens when price is surging, many made the mistake in last bullrun season of 2017 and after February 2018 bears attacked the market dragging every single coins and tokens to its feet, Bear market is always the best time to buy coins and build portfolio and Bull market is the best time to make gains and take profits

Bet you that thousands will still make same mistake as of old (the 2017 scenario still fresh in our minds and can't afford another), their greediness will make them blind toward the pit that will come with this bullish moment in cryptocurrency.  I often said this, the ultimate goal for everyone in this industry is for us to make profit from our holdings or in our trades, but some holders and traders won't take profit until the chat turn downward or some miss out of their profits entirely. Take profit and wait for good point to enter into the market again is the best approach.

[fridrix21]

I am also afraid that all those people who bought bitcoin for $ 20,000 in 2017 will start selling it now, thereby bringing down the market. Hopefully they don’t do it and let Bitcoin grow to $ 30,000. But I myself have already set stop losses just in case.

[mezzaluna]

In 2017 when bullrun took over crypto space and many altcoins joined later some people still keep holding thinking that their altcoins will keep surging and surging, little did they know that bull season always have short life span when comparing to bear season, bear season can stay for years but bull season is just in months, so why are you holding when you should be selling?

Remember that some bought bitcoin at 20k and they have no choice but to hold till today, imagine all this year's waiting just to get back to where you once are. Bitcoin is over 18k now, good for them cos they are near recovery since 2017.

Know when to get in and know when to get out, don't be a greedy bastard.

Can't really blame them for not selling at that moment. They might have a better reason since not all of them needed the money at that time. Another bull run is incoming so this might be another great opportunity to sell their Alternate Cryptocurrencies and gain their profit for this time of the year. It would also be great to join new Alternate Cryptocurrency campaigns since some of them got promising platforms.

[santouao]

We have learned a lot from the past where the crypto market collapse and we know it can happen anytime so the adjustment we have done into the previous years in crypto is the one of the best impact that we can carry to new year of crypto which is being in process to rise again.

[tarable]

I am also afraid that all those people who bought bitcoin for $ 20,000 in 2017 will start selling it now, thereby bringing down the market. Hopefully they don’t do it and let Bitcoin grow to $ 30,000. But I myself have already set stop losses just in case.

Don't ever be afraid of it, because basically they also want to take advantage of this very good moment and will not be willing to just release Bitcoin into the market, because they also want to gain as much profit as possible through the coins they have had for a long time.

[gurunanakji777]

Even we have to change our mindset it's not like every time market behaves the same way even we can't predict this time bull run span of time will be short. I would say nobody can predict this but one should not be greedy he should sell or exit its trades when in good profit So be sensible while holding do not be greedy this time.

[GelatikKembar]

I am also afraid that all those people who bought bitcoin for $ 20,000 in 2017 will start selling it now, thereby bringing down the market. Hopefully they don’t do it and let Bitcoin grow to $ 30,000. But I myself have already set stop losses just in case.

Don't ever be afraid of it, because basically they also want to take advantage of this very good moment and will not be willing to just release Bitcoin into the market, because they also want to gain as much profit as possible through the coins they have had for a long time.

if you still hold Bitcoin they will not sell it until the price returns to ATH,
and we have seen $ 19k, of course this is a good thing, if you are still holding it should be slow to sell it,
because we don't know what will happen next.

[fullhdpixel]

making that kind of mistake again now will be too grave, i Hodl a whole lot of shit coins just following hypes and signals then some fake investors' comments also played a huge role in confusing us into buying into these projects. i look at those coins now and shudder, what was i thinking?

For sure holding shit coins is the worst feeling and looking back we always feel like why the duck we invested so much into these fake projects but while investing we were lost in the project and felt like it will be the next Bitcoin.

I don't think traders now will repeat the mistakes that happened in 2017. They have been learning to analyze for the past 3 years. Now, altseason is running, they may have made a large profit.

I am not an analyst by any means but if the market signals are to be trusted this bull run might continue for a long time and at least half way into the year 2021 we might be seeing this continue. But if you are too scared when price drops, you can sell now because nothing is guaranteed in this market.

2017 was a sudden growth but this time it has taken some serious time and I think the price is going to stick.

[2tang]

We have learned a lot from the past where the crypto market collapse and we know it can happen anytime so the adjustment we have done into the previous years in crypto is the one of the best impact that we can carry to new year of crypto which is being in process to rise again.

Not everyone has thoughts like you, and even many of these people have never even realized to learned from the experiences that have happened so that in the end they will return to the same hole that is a loss, this is based on the experience of some people who I have ever known in the world of crypto, and they don't seem to feel deterred by every loss that has occurred due to greed for profit in trading on the market. I think the experience of the 2017/2018 season is quite a valuable experience for us to be able to control our greed and emotions in every trade we make, so we don't suffer the same losses.

[Yatsan]

People have their own reasons why they choose to hold their Altcoins at the last bull run that have happened way back year 2017 when the Bitcoin have first reached its ATH that also boosted up many Altcoins. It was all of an excitement that many people think that it will just keep going and when the bear market enters have their full hope that they can still be able to recover what they have loss by keep on holding. It is not greed or ignorance on that part because it was just the first time that it have happened and many people are still adjustimg on that time. It is just so happen that we must learn from that phase and once it have happened again we must do know when to exit and get profit while we still can. Also, be picky on the coins you hold for not all are worth for holding for too long.

[FanEagle]

Einstein once said stupidity is doing the same thing over and over again and expecting different results. Unfortunately we have a lot of stupid people in crypto world who checks the past and expects the same thing but shocked when there are different results. Market is not what Einstein meant, just because same thing happens doesn't mean same consequences will trigger neither and you may get different results from same thing in a crypto market.

If you did something and you think it was a mistake, check what was the mistake, some people buy a coin, it drops and they swear they will never buy that coin again, but they check a year later and that coin is above where they bought it and could have been profitable if they hold. The mistake there wasn't buying that coin, it was selling early.

[Zemomtum]

This is just a good call. When you are purchasing any digital asset for the purpose of trading, you should know your entry and exit point unless you are holding for years and not want to become a regular trader.