Don't repeat same mistakes

[Kezacky]

I agree with your point, but one thing you should pay attention to is that many of us here are long-time holders or investors who can decide to keep their coins for a period of time no matter bearish or bullish. and the important thing is you must know when the right time to buy and sell it. Another thing is that Greed makes people lose money, because they don't take into account the fact that the value of any currency can change quickly and corrections can definitely occur at any time.

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[disconnectme]

For every market cycle you should have a plan of when to exit the market, I do pity some of these newbies entering the space now because they will be the lamb used for sacrifice when the bear market set in and from history will all know how brutal the bear market used to be losing more than 80% of the whole market from the top. My advice is to never get carried away and do marry any coin

[Cloverfield]

It’s easy to forget your game plan when you see your portfolio gain so exponentially like we had the last year. Take profits and try to stick to your ideas. When you come new into these markets you have to remember some people are already up 10-20x easy where you step in. The bubble inflates and pops eventually, but we have some months before us. Pick your winnen, forget about it for 2-3 months profits and take profits..

[Bitcoinislife09]

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 still have my bitcoin holdings and mostly it just came from the signature campaign so I don't really have capital with it so I could just hold it for a long time and sell it at a good price than before when I received the payment. It's true that we should have an exit strategy when investing in cryptocurrency but we also know that in bitcoin it's more like a long-term investment and you don't need to care about the deeps. Still, we have technical analysis and obviously, we are still in the bull rin so I don't think it's a good time to sell.

[StephenJH]

Everybody is making some mistakes, I'm still doing it. But l have realized that to make any mistake is not a big problem, it is more necessary to learn from these mistakes and as you mentioned never repeat the same mistakes. Sometimes there can be some projects which you have more expectation than others, but everything is possible in this world you can lose your money in the end. You should always improve yourself.

[Spaffin]

Everybody is making some mistakes, I'm still doing it. But l have realized that to make any mistake is not a big problem, it is more necessary to learn from these mistakes and as you mentioned never repeat the same mistakes. Sometimes there can be some projects which you have more expectation than others, but everything is possible in this world you can lose your money in the end. You should always improve yourself.

Today, you need to very closely monitor what is happening in the cryptocurrency market. There are even more opportunities for profit, given the fall in cryptocurrency rates.
I believe that the current state of the cryptocurrency market eloquently indicates excellent near-term prospects. I believe that at the moment many will take the opportunity to profitably invest their funds in rated cryptocurrencies, since Bitcoin is unlikely to fall below $ 40,000, and Ethereum below $ 1,100. There are many prerequisites for growth prospects. No need to constantly think about possible mistakes.

[CAPT.DEADPOOL]

You are right holding the best way to make a big profit those who bought bitcoin back then very expensive and falling price did not give up to recover again so the decision of others who did not sell their bitcoin when they bought expensive and right now bitcoin is so expensive that even altcoins were so low in price like bnb, ada and eth trusted and fought to recover again when the day comes.

[Botnake]

You are right holding the best way to make a big profit those who bought bitcoin back then very expensive and falling price did not give up to recover again so the decision of others who did not sell their bitcoin when they bought expensive and right now bitcoin is so expensive that even altcoins were so low in price like bnb, ada and eth trusted and fought to recover again when the day comes.

A lot of people are trapped in that because many new investors are in cryptocurrency. they have no basic knowledge of investing or trading. Get carried away by the media that too exaggerate the Cryptocurrency sentiment and in the end when the market down trend occurs they are not ready for it. most people only see quick returns without thinking about the risks involved

We also make the same mistake in the past, it's their time to learn now, and hopefully it will not cost them a lot of money because of this FOMO before they learn. The learning process starts when bitcoin starts to be bearish, just like in the past, same scenario same realization.

Some quit crypto after a failed decision but some learn and continue more careful and matured (I liked that).

[HaekalZ]

the only mistake that keep repeating in this cryptocurrencies is PANIC MODE
people tend to panic, when the price suddenly going down, they cannot be patient, when they already panic,
they always sell all of the coins, that's the biggest mistake, for me, i always make sure to be calm when the correction is happening, don't be panic.

[Matimtim]

Make your own study about the coins you are holding, if you think the right time there, the time you're to sell your coins and that time you can make good income so, what you are waiting for?  Do what is your plan and you will be successful in the future, because making money requireds your plan to succeed.

[Ozero]

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.

This post just testifies to the fact that in the world of cryptocurrency there are no predefined patterns of behavior with cryptocurrency. What happened in 2017 - 2019 does not work with the same precision now. The post practically called for selling cryptocurrency, and above all bitcoin, as soon as at least a small profit is achieved, based on the fact that the bull market in cryptocurrency is short-lived and will be followed by a long bear market. As we can see, this assumption has not yet been confirmed. Bitcoin at the end of the previous year successfully broke its previous price record and is now at about $ 50,000. At the same time, we still hope that it will continue its price growth. If we followed this call and sold our bitcoins when it just crossed the $ 20,000 mark, then now we would be in a very disadvantageous situation.

[aryana42]

the only mistake that keep repeating in this cryptocurrencies is PANIC MODE
people tend to panic, when the price suddenly going down, they cannot be patient, when they already panic,
they always sell all of the coins, that's the biggest mistake, for me, i always make sure to be calm when the correction is happening, don't be panic.

Yes, and only some people can be patient and not panic when there is a correction, because on average they always panic when the market experiences a sudden correction, even though it is a good opportunity to buy back from a cheaper price.

[adekogbe]

So many individuals that call themselves crypto specialists have the accept that they will to be future whales and all they accept is holding coins for quite a while, I can't say this is done avarice, some can achieve their focuses with last 2017 bullrun,here is what generally fail to comprehend.Genuine bullrun season comes here and there, could need more than four years for another bull hurry to start so the trick is understanding the market well for sure, learn well to surrender and acknowledge when to repurchase.

[JaanusRaim]

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

Golden words!
Just such posts make bitcointalk worth reading every day.

[Gayong88]

My opinion The world of financial markets is in dire need of high talent, accompanied by the ability to read the market and the wind direction when to enter and exit the market, as well as its own defense patterns, all of which will have an impact on future forecasts. everything is a game of time and patience in managing good money management and this is a small part of what I feel is the main key as a financial winner in this world of money markets.