My crypto lessons in 2021

[Botnake]

I also want to take a lesson on crypto in 2021 when regrets come, all that is left is a lot of memories. I threw away old altcoins and even sold them when prices fell again, saw prices in 2021 skyrocket 10x even more, the profit I got was also small, if I still kept the old coins in my wallet today there will be a big triumph for me, crypto is not completely predictable only the market conditions can decide the price.

Being patient in crypto is always the best key to end up making profits in the future. Don't be affected with the current price as everything in crypto will always be temporary particularly when there is a correction phase so expect that there will be price decline that will certainly happen. But if you just focus on the positive things that will happen after the correction and grab the chance of buying while there is still correction, then you could have made huge profits after that. In crypto, i have learned to always trust on the investment you chose and stay focus on your goal.

[dimox]

this will be a good experience for you, and like what you said above, in the future you will tell about that story with big smile.
never trust on people you dont know is good than trusting people who tell about something on platform. doesnt mean all bad, but we need to protect from disappointment. when you want to trust a people, trust your close friend who expert on crypto.

[alisonwonder]

I also want to take a lesson on crypto in 2021 when regrets come, all that is left is a lot of memories. I threw away old altcoins and even sold them when prices fell again, saw prices in 2021 skyrocket 10x even more, the profit I got was also small, if I still kept the old coins in my wallet today there will be a big triumph for me, crypto is not completely predictable only the market conditions can decide the price.

Now things are starting to get better again after the big dump happened in a matter of days this month, so don't ever regret the actions you've done because maybe at that time you lost your patience in holding good tokens for a win which eventually disappeared.

[Questat]

this will be a good experience for you, and like what you said above, in the future you will tell about that story with big smile.
never trust on people you dont know is good than trusting people who tell about something on platform. doesnt mean all bad, but we need to protect from disappointment.

Perhaps, not all have a good experience at the start, but instead, it was really a very challenging beginning that mostly had suffered losses. But despite all of these things like OP had, we even tried to make it right and correct our mistakes. However, that wasn't so easy as many thinks and that much more we feel in great disappointment and got negatively thinking.

when you want to trust a people, trust your close friend who expert on crypto.

Aside from that, you need to trust yourself first. Being confident of what you do is ideal since we are dealing money and so we have nothing to blame.

[sumant]

I learn lot from crypto field in 2021. Never in hurry in trading of crypto. It is better to take profit but if you want 10 or 20x then you have to wait for long term. Search about project before investing. I have made good amount of money in 2021 and I hoping for best in 2022. Crypto fluctuations are very high so we should understand every aspect of a crypto project. We can get huge profits or loss big amount of money in this industry so we remain cool and calm.

[matchi2011]

I also want to take a lesson on crypto in 2021 when regrets come, all that is left is a lot of memories. I threw away old altcoins and even sold them when prices fell again, saw prices in 2021 skyrocket 10x even more, the profit I got was also small, if I still kept the old coins in my wallet today there will be a big triumph for me, crypto is not completely predictable only the market conditions can decide the price.

Now things are starting to get better again after the big dump happened in a matter of days this month, so don't ever regret the actions you've done because maybe at that time you lost your patience in holding good tokens for a win which eventually disappeared.

Regret will keep coming if you will not let it go. The fact that you earn from your investment is good enough to enjoy, there are
many opportunities that awaits to everyone, just learn how to work with the market and add more patience when dealing to
this business, it' really tough but beneficial when you already learn all the grounds of investment.

[noormcs5]

My best lesson in 2021 is not to buy coins carelessly, especially those that are top gainers, it's better to save on coins that have a strong reputation such as Cardano, Pancake Swap or Polygon and then use them for staking, with staking we can earn up to 75% and this is more safe.

I also used to do this mistake as i thought that if a coin is in top gainer list, it will continue to rise high as it has a lot of volume coming in. Unfortunately the coin stops going up as soon as I invest in the top gainers. Later i realized that we have to enter in the coin prior to is pump if we want to benefit from the price increase.

[suryogandul]

2021 have bring so much growth to millions of people around the world I'm glad to have believe in this new technology called crypto and I'm sure as time goes on I will eventually get better at my crypto investment skills, I made more money than I lost but

1. Still I ended losing more money than I made, I was sitting on 30,000$ profit last month but I failed to take profit just because of 100k BTC rumour that looks like reality

2. be careful of Crypto YouTubers deceiving people to buy in cryptos where as they are simply predictions, most times crypto market can't be predicted correctly

3. Follow your heart and nothing else cos if I've done that I would have pull my 30k profits and now I'm left with 5000$ in usdt


Well the race isn't over yet, one day I will look back and laugh hard at all this, stay safe

From the statement you wrote, I can conclude several points.  1. You don't always have to get big profits, I think small profits are better but always sustainable than ambitions to get big profits but end in defeat.  2. YouTubers who talk about crypto are only marketing, they are paid by the coin team to speak publicly with endorsed coins.  so before trusting youtuber advice you have to really do a personal analysis and detailed analysis

[kojektea]

I now even see many ordinary people who are deceived because of the number of YouTubers or sales who offer coins that are not useful for them. They even throw away their money not how much. Very sadly, this is only happening in 2021 hopefully next year everyone can learn to be more careful.

[bengsabeng]

point number three is the key to all these problems, you should believe in yourself more than news that is not clear. for now $100k is a rumor because the price of bitcoin has not really reached that price, and no one knows when bitcoin will reach that price. if you want a long term investment and your heart says in the future the bitcoin price will actually reach $100k all you have to do now is hold on to the bitcoins you have and keep collecting bitcoins.

[asyakashi]

I'm sure fraud doesn't just happen on Youtube. Now even fraud also occurs on social media, such as telegram and facebook sadly they only take advantage of ordinary people who enter cryptocurrency. It's very annoying but I can't prevent it because laypeople are easy to fool.

[eXtremal]

The problem that I often encounter is that greed usually makes us lose. This didn't happen to me. Even my friend's friends are experts at predicting. Sometimes they are still carried away by some emotions directly without consideration of calculations. Put all the capital in one container. and finally just regret because it can not profit even just loss.

[lixer]

1. Still I ended losing more money than I made, I was sitting on 30,000$ profit last month but I failed to take profit just because of 100k BTC rumour that looks like reality

2. be careful of Crypto YouTubers deceiving people to buy in cryptos where as they are simply predictions, most times crypto market can't be predicted correctly

3. Follow your heart and nothing else cos if I've done that I would have pull my 30k profits and now I'm left with 5000$ in usdt

Quite bad, but like you have said – the race isn’t over yet, there will still come a time that the market is going to increase in value and you will be the one who is looking back at every experience you have had now and you would just laugh whenever you remember what happened.

The market has not gone down finally, it is still going to go up again in future, but I am not going to lie to you – this is very much likely to take a long time before you’d see the price go up again, unless maybe we might be seeing another increase in price this December? This is why it’s important to first of all know your target before talking about following what other people has to say.

[cardholder]

2021 has been a great year and i have learnt to trust but verify any information I've gotten from the crypto space. There is money to be made in the crypto space but one has to be informed that is DYOR, keeping greed level low and being consistent

[bengsabeng]

The problem that I often encounter is that greed usually makes us lose. This didn't happen to me. Even my friend's friends are experts at predicting. Sometimes they are still carried away by some emotions directly without consideration of calculations. Put all the capital in one container. and finally just regret because it can not profit even just loss.

your friend is an expert in predicting prices? in other words your friend is a professional trader?
a professional trader is usually able to control emotions well because professional traders are used to very volatile market situations. from this problem you can take a lesson if a trader should not have a greedy nature and must be able to control emotions well.

[Vaculin]

2021 brings a good direction for the future of cryptocurrencies, when the previous market was sluggish but after many world millionaires invested in cryptocurrencies the market continued to shine, the most important lesson in 2021 is that we must be patient and don't panic because we see prices drop, rest assured that the market will soon recover.

That suits what is happening now. Yes, its always a good move to stay patient and calm when the market is very unstable because if you let your emotions rule over your mind, it will only result into losses because of improper decisions. Aside from that, being greedy by not taking profits at that moment is certainly a wrong move because you will only miss another chance to make profits and end up seeing yourself facing losses instead. No matter how small the profits will be, learn to take it always as there will be no guarantees that the next price will still be profitable or not.

[iphone5s]

2021 has been a great year and i have learnt to trust but verify any information I've gotten from the crypto space. There is money to be made in the crypto space but one has to be informed that is DYOR, keeping greed level low and being consistent

Maintaining a high level of patience to maintain the assets you have is very important at this time and 2021 is almost over and there will be a new better year with coin prices that will surprise many people. Continue to analyze very important things going forward.

[wajik-tempe]

The problem that I often encounter is that greed usually makes us lose. This didn't happen to me. Even my friend's friends are experts at predicting. Sometimes they are still carried away by some emotions directly without consideration of calculations. Put all the capital in one container. and finally just regret because it can not profit even just loss.

your friend is an expert in predicting prices? in other words your friend is a professional trader?
a professional trader is usually able to control emotions well because professional traders are used to very volatile market situations. from this problem you can take a lesson if a trader should not have a greedy nature and must be able to control emotions well.

Yeah i'm agree that no one could experts about predicting price in crypto except they are the big whales who control the markets because they have a whale amount of crypto in their wallet.
Professional traders couldn't predict price but they are just experts on managing their assets and managing the risk in every decision that they made.
So controlling emotion is the best way to become a crypto millionaire instead of just predicting the price

[Rocky993]

The first time you came to Crypto I think you must have known about this scam for a long time and from all the news platforms you have collected various news, discussed all the news from different places.  Then you can get some idea about crypto by investing in something or working for free.  In that case it is up to you to do something without relying on anyone else or focusing on the news of any platform. It is always up to you to know how much you know or how much you have learned from it.  Possible here.

[arbifahrozy]

This year is not good for crypto like other year we see many dump in this year that's why we won't make good profit and also due to this dump alt session not come again in 2021