[dtube] Lessons to Learn from Crypto Price Crash (2018)
ack in July, I made a video discussing some of the lessons that I learned after the price of Ether crashed from $420 to $160.
I thought I'd make a similar video in light of the crash that we've witnessed across the board in the cryptocurrency market.
DISCLAIMER: This is NOT financial advice. I am just offering my opinions. I am not responsible for any investment decisions that you choose to make.
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Thanks for sharing your story Louis!! Knowing the history definitely helps! Let's not loose hope during the dark moments.
this is why you never go all in, you always dollar cost average into investments, no matter what
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Its a good advice. Its a lesson for the steemit community.
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Sound advice @louisthomas. The psychology of taking profits and losses is the hardest part of investing to master and to be honest no one ever gets it right all the time especially in volatile markets like crypto. One should be thankful for any profits made and not dwell on what could have been.
if you should invest then only piece by piece
I feel very identified with the video Louis, I also invested in cryptocurrencies without having defined when I was going to get my profits, I managed to double my investment but I was very greedy and didn't withdraw a part. Today I am in losses, but I learned the lesson.
Ride out the waves, a bright sky is coming
Good review! I believe this will a warning for the newbie in cryptos we should emulate and learn from this video, but I believe invested in cryptocurrencies is a good one and reliable asset, I hope better days ahead let keep watching.
It's hard time for all us, steem power means less and less day by day. Hold strong everyone!
Most important lesson to be learnt in this moment is to buy more while its down...