BE PREPARED FOR THE WORST: In this bear market,I have learnt that the worst could happen,so we should always prepare for the worst.Many have lost up to 80% of their portfolio to this bear market because they are not expecting the worst to happen,unfortunately,they are caught up in it.If they had prepare for the worst,they could have done something about their portfolio at the beginning of the bear market.
DECISION BASED ON PAST EXPERIENCE MAY NEVER BE THE RIGHT ONE:It may be risky to base your decision on assumption.At the beginning of this bear market,there was a lot of assumption,many so sure that before we close our eyes and open,bull run will be here.Nobody ever expect the bear market to be this long,so, many decision made base on this assumptions as lead to frustration today.
In crypto,today you are up and tomorrow you are down.
To those caught up in it,you can only hope for the best,don’t give up.
The Bear market continues from that year till the following year of 2019 mate and Yes people must listen in your warning because for the next years market continue to fall badly.
and besides expecting is normal but we must always understand that this market is full of expectation and failure so the best way to engage is Be ready in everything that might comes your way.
if you intended to invest then you must intend to lose as well for a while.
never completely believe that your wish will come every time you expect this because there is no such thing in this market.
I think the lesson that can be taken from the bear market this time is, how do we believe in bitcoin, if we already believe that it will have a bright future, then our psychological strength will be strong to hold it or start buying it. so we don't have to worry about price fluctuations, because prices don't always fall