Lesson learnt from Crypto long bearish season
Bearish season teach you many lesson like how to invest in crypto market. Lesson which I learned from bearish season is that never invest all your equity in one go. Reason is simple market may go down any time. It will sink your hard earned equity. Better to invest in multiple steps. Diversify your portfolio. Never invest in any single project, no matter the strength of project. Strong project may also drop its value. It is a better idea to invest in multiple coins. So, if one invest fail to perform other will help to balance out.
Second lesson learned from the bearish season is that you must save some of your equity in stable coins. This is the most common mistakes people do repeatedly. As a result they have no equity when the price observe huge dip. In order to extract maximum profit better is to save your equity for the buying during dip.
Third lesson I learned is that never invest in shit coins. Investment in meme coins is attractive but it involved huge risk. I personally invested in many shit coins and it has shrinked my 90% investment. Always choose those projects which has good used case.
Fourth lesson I learned is to never follow the influencer blindly. Influencer sometime do paid content. Another drawback of blindly following the investment is that it never build your self confidence. On the other hands if you do your own research it will help to build your confidence. I am not against following influencer, you can get an idea from the influencer and do according to your own research, because at the end your are responsible for your profit and loss.
Fifth lesson I learned to hold your asset tightly if they have good used case. There is no need to sell at huge loss. Better is to wait for the bullish run. We often observe that market bounced back many time bearish season convert into bullish season. Crypto has good potential it will rise again. What is your opinion my friends?
This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.
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It is always good to see Stability in the Crypto Market, Hopefully, it will continue for a couple of weeks and then we can ride up again.
These are important lessons from the bear season. Diversifying over investments into stablecoins is a great way to retain some the value of our portfolio. Buying shitcoins through blindly listening to what influencers say is definitely a no no in the bear season. We have to always do our own research, especially during bear seasons.
I have also learned many things within these two years and will not make the same mistakes in the future. All people should know about his cycles before he comes in or they will do a lot of damage.
It's true that the crypto market is incredibly volatile, and it's difficult to predict its movements accurately. The lessons you've learned are valuable and can help mitigate risks while investing in cryptocurrencies.
Diversifying your portfolio and investing in multiple coins is a wise strategy to balance out potential losses. Conducting your own research and building self-confidence in your investment decisions is key.
Thank you for sharing these lessons and reminding us of the importance of patience and strategic thinking in the crypto market.
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A long bearish season in the crypto market can provide valuable lessons about volatility, market cycles, risk management, long-term perspective, education, emotional control, adaptability, and diversification. By incorporating these lessons into our investment approach, we can become more informed and resilient crypto investors.