Post
Topic
Board Bitcoin Discussion
Re: What you should learnt during this bear seasons.
by
cheezcarls
on 13/08/2018, 10:25:09 UTC
Crypto will bounce back no doubts. There is always period of boom and periods of depression for healthy balance.

Even in normal economics...There have been periods of boom and recessions. But things will return back soon. The question is what can you make out of the situation? What should you do and not do?

What you should be doing now is investing or buying and having a mountain of patience for the boom period.

What you shouldn't be doing now is selling. Sometimes things like this happens for good reason. At least if not for anything, it affords us the wisdom to appreciate crypto and be prepared to take our profits and run away...

I can't imagine seeing 50% in crypto and not selling anymore especially with very heavy capital invested.

Yes I learned a lot regarding bear seasons. Since I started crypto around 9 months ago, I have learned a lot. I learned about not holding too much, but at the same time learned how to hold a bit until the price is right. I have learned that I should not be greedy when it comes to my holdings, because there’s a huge price to pay if market collapses. Just sayin’.