What have you learnt from this huge dip?

[duckduckgoo]

1. Its just as gamble, so ONLY INVEST as much as you are willing to loose.
2. ETH and bitcoin are long term and keep 60% and forget about them.
3. Buy shitcoin before the hype (thanks @IG Professor for SHIB ) they can give returns which you can play with.

Thank god @IG Professor for helping our head not to sell shib and leash at deep

 

[insom]

Thank god @IG Professor for helping our head not to sell shib and leash at deep

Actually I bought when he made first thread about Shib ...took profit and only holding the amount I invested initially.

 

[duckduckgoo]

Actually I bought when he made first thread about Shib ...took profit and only holding the amount I invested initially.

I buy on top and happy because the next top will over taken bitcoin and doge coin

 

[Senpai Content]

Well, speaking from my own personal experience. I realized that I should have actually waited for the dip to invest my money in it. But we are never sure about the dip anyways, so I should have kept some USDT laying around about $2-3k and should have made day trades while btc was in soo much volatility that could have been the easiest and the best way to make huge profits. Also, buying many alts have costed me alot, seeing the market what is now. My most portfolio is on its half and lower the value than I Initially bought it at soo yeah, lol. Not too sad about it, but yes, will definitely put in more money and try to get more money out of it.

 

[macdonjo3]

You were lucky this time. There is evidence to prove that simply holding instead of trying to buy/sell predicting the market is better long term. Whatever experience you might have. Unless you do this for a living perhaps some can be better but very unlikely.

I've been managing my own investment portfolio since I made my first $100,000 in my high school days. I wouldn't call myself an expert by any means. I just have a sense of the risks I like to take. You're welcome to call it luck but I find the harder I work and the more informed I am, the luckier I get.

 

[Ashway]

all the people who used stop loss are the actual loosers in the game...

biggest winners = guys who sold before the fall started transfered money to eur and bought back double amounts of crypto for same money while it reached bottom
semi winners = guys who didnt sell anything and just kept holdin the ropes as they will be back in profits in some of days or weeks
biggest loosers = guys who sold everything in loss and dindt buy the dip and just run away with lost money.

l2p

Using stoploss doesnt mean you cant take an entry again.

 

[Ashway]

Thank god @IG Professor for helping our head not to sell shib and leash at deep

Shib is actually one of the best performing assets right now.

 

[Coinaire]

Don't buy on the dip. Buy when there is a price action on recovery.

 

[onlinemarketer12]

Spending in at least 5 coins to diversify. See the way matic recovered so much even when btc is not that much good.

 

[theshark99]

Not to trust something where the people behind can pull the plug at any point on that particular coin

 

[Deleted member 1333509]

1) That Elon Musk is a cocksucker.
2) That China is going to push hard to make the dYuan the global reserve currency after the USD.
3) That the bull run is progressing nicely.
4) That a lot more people are going to get hurt this December than even in Dec 2017.

 

[HustleTong]

Admit the fact that you're gambling and not investing

 

[onlinemarketer12]

Admit the fact that you're gambling and not investing

This applies to all the people investing in crypto ?

 

[msinbox]

The best thing I did during the last crash was to stop looking at prices. Solid crypto coins like BTC and ETH are for the long term, short term volatility only confuses things and adds to stress. This is why hodl is a better strategy in the long term (unless you are taking short term positions ofc).

 

[R4v3nbl4ck]

I learnt most people are dumb, they buy high and sell low while they should do the exact opposite.

 

[gmbmapverify]

Dip is not over yet.

 

[Nikolaos]

I learned that one must keep some USDTs laying around to take advantage of these types of dips. (Maybe 20% of the budget)

As I currently have all my crypto budget invested in coins that need to go back an average of 90% up to just get even.

No chance to invest in the dip as my hands were tied. But not selling for a loss. Hold guys be strong!

Let's share what you guys learned, that could be helpful for most of us.

That cryptos are a gamble