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.
We should take the risk here in crypto, sometimes bad decision make us fall so before entered this world of crypto, you have some courage to take the risk as always. Some of main problem of other investor is when the price is in bearest some doing a panic and end into funds withdrawal but they got it into lower price compare to the price during they buy it which is higher. Some also calm and have what we could '' THE GOLDEN HANDS" which means that they are the strong holder and didnt sale any of there funds even in times of bearest season.
Bearest will not remain like that, time will come bullest will be back again to hit the biggest break of our investment. Green will comes after reds.