Post
Topic
Board Economics
Re: LESSONS FROM CRYPTO MARKET
by
fakegurutu
on 03/02/2019, 21:39:30 UTC
After a year, a lot of lessons that we did learn. There are 2 precious things that I think I should remember:

+ Fear
+ Greed


I learned that from my teacher, he said when you buy Bitcoin at 10k, it's then $12k your greed rises inside you and you don't want to take profit and expect more. Then, the downtrend is coming, BTC goes down to $8k, you'll be scared to cut loss, and what'll happen, you lose more while BTC drops to $4k.

So, we need to set up your expected profit point as well as the stoploss point.

How about you, what is your lesson?

the biggest lesson that I have learned during this recession is be more patience than what I did before joining the crypto crusades, I strongly have faith in crypto and its coming back from this downfall thats why Im keeping my altcoins until everything goes green just like the old days. Dont let greed consume you, just be calm and stay firm.