Bitcoin Forum

Sincerely, it is not so easy with this long time dump/bear market. Long awaiting promises weakens the heart. I hope guys have learnt their lessons like when next the bull run appears you take the best opportunity and invest for the raining day. What's your lesson too?

I learnt that I had to decide if I was a trader or investor. Didn't do a very well trying to do both.

Only invest what you can afford to lose.

Why don't you tell us what to invest in during the bull run or do you mean take advantage of it by selling off.
Beside investing in the bull run means you buy it at high prices and when the bear market comes things goes bad

In fact, I made several mistakes here.
First, I didn't sell when price was high.
Even worse, I exchanged part of my btc to some other coins.
I also spend some btc when price was low.
To many mistakes but what I can do now?
Just wait, hold and hope the best.
Next time I will be smarter.
Just, I'm worried if will be next time.

At this time, all I can do is wait.
Personally I'm an investor so I'm usually analyze for long term and the TA shows downtrending until now !

Maybe this is what we called The Market revealing itself !

With your rank, I believe you ought to have know that investing during the bull run market(which you mean to be during ATH) are not a wise decision but this method are only good for day traders and day trading for those that know the inside out of crypto currency investment. However, the best thing to do during bear or bull market to accumulate the right coin and patiently wait.

Many new investors were cut off at January last year and most people and investors are still holding because they couldn't believe their eyes that it is possible bitcoin could fall this low.  I think we are at times when we should really learn lessons from all that has happened as this is the longest bearish trend that has been witnessed in the history of bitcoin and few people see that coming.  I think we are in a bad condition and we should really learn from this.  I have many people that I encourage and buy bitcoin above $10,000 and uptill now they are still holding. I have made up my mind to sell early if we would have another bullish market again.

With the long term period of so-called "bearish trend" people should now realized how risky putting money on crypto is. This should served as wake up call for those 2017 peeps who  believes that earning decent money in crypto is an overnight scheme.

Back in the wonderful day of bitcoin price establishing new ATH day by day, no one knows what will happen next that's why we have seen lots of people take the ride by purchasing bitcoin at any price. Generally, nothing wrong with that "AS LONG" as they know what they are doing and truly understand all the risks associated with it.

But remember that the bearish trend also turned out to be a good situation. Some people now able to analyzed a good strategy out of this trend and not just will rely on thinking that "everything must goes up". Also, lots of altcoins showed how weak their resistance is and in the end they turned out just a product of hype with no good foundation at all.

Just remember that a certain trend will surely end no matter what. Just continue our usual way of accumulating bitcoin.

I learned that Im Getting Greedy on the price that i sell my bitcoin earlier to invest on other coins. and Holding to much that expecting the price will be higher to get more profit, Focusing on one coin.

Ill Do next time is to sell my bitcoin when the price give me profit and invest to other cryptocurrency to get atleast a profit to other coin while waiting.

I can see why it's a difficult time for people hoping to see the market finally recover, but you have to understand and accept that the market isn't moving to favor your positions, especially during a bear market.

Most people only know how to buy in and wait for the price to go up. It worked extremely well back in 2017 and even in the beginning of 2018 for certain altcoins, but the market has obviously changed.

I do regret not having opened a short above $6000 just as a form of insurance would the price tank, and it did. I'm not going to short the current market with how I don't know what the price will do from where we are right now.

At least, I know what to do the next time....

Lesson of not believing to most of the predictions. We have the freedom to believe them or not although its a good way to encourage yourself when we are still on the bearish trend. Another thing is by being contended od the profit that you had made.

Dont be too greedy and dont you expect that much. It is a waiting game and market is for patient people. It has taught me to increase my patience.

this is why so many people end up selling too early during the subsequent bubble. bear market recency bias rules their emotions, so once the price finally recovers, they can't sell fast enough.

i've been there myself. the 2014 bear market (my first) was pretty scarring for my psyche. it took a long time to recover from that and stop letting it affect my trading analysis.

the bear markets impart important lessons about market psychology. learn those lessons, but don't let them turn you into a permabear!

I learned don't try to trade during a bear market - i lost of lot of money I had made in 2017!!

I also learned wait for a few months after the bottom seems to be in to start accumulating. Luckily I played that right and even though I thought 6000s was the bottom as it seemed to clearly be the bottom by september/october, I didn't start buying in until after the drop (which i never expected) in november. So i've been buying in since it dropped to the 3000s - but really this was by accident, if I had had money earlier I would have been buying in the 6000s so I got lucky but still learned a lesson despite already "playing it right". And the bottoming out transition phase between bull and bear market is many months long so even if you wait a few months after it seems to have bottomed out to start accumulating, you still have plenty of time to accumulate, so there is no reason to worry about missing the bottom by waiting for a few months to make sure the price is in fact in the bottom range!

The lesson everyone should have grasped on this recent bear market is that no one should ever buy when everyone is cheering and celebrating the rewards they've gotten with bitcoin. It should be common knowledge by now that during the phase of hysteria, many people are already considering on selling their coins, so it's best to avoid buying in while everyone else's minds are already on buying out of the trend. Also, it's better to buy in and average down the prices while you can as it will help you get a better and lower entry point, thus helping you get better profit margins.

During the previous prolonged bear market I was using bitcoin, and by that time it didn't looked to be a big thing as now. Because by that time the price was staggering around $1000 and it was the peak value. Beyond that it didn't moved forward, users too didn't consider much about the price. As the price peaked last year the expectation on bitcoin increased drastically and the same has made people think much about the prolonged bear market at the present.

money is definitely easier to make in a bull market. everything pumps---and quickly too.

during bear markets, it's endless sideways and short-lived crashes. it's important to trade with a bear bias: sell into bounces, short broken support. otherwise your account will see lots of red. even if you do it well, you're constantly paying interest to fund shorts and exposing yourself to exchange risk. and short squeezes are emotionally tormenting too.

i definitely understand people who just walk away from the market when the bear sets in.

I've learned most of my lessons back in 2017,when I sold lots of BTC during the spring at 2-3K USD,and 7 months later,the price  went thru the roof.That's why I'm a fanatic HODLer now. ;D
Last year wasn't very important for btc.It wasn't important for me as well.

Majority of members here hasn't seen the bear market, because for sure most of them joined in 2017 wherein they thought that the price could go on parabolic rise, so that's the first lesson to be learn here. And this market works in cycle, so you also need to book profits and learn how to adjust your trading plans. Be flexible, don't listen to those so-called experts, and lastly learn how to save in the long run. As I have said, every year is not always bullish so at least step aside some profits so that you won't get burned in this market easily.

What I learned in this prolonged bear market is that never hear what others say. I understood that is a lot of people in forums, twitter, youtube that promote some coins for their own benefit. They don't have any special sign, they just try to pump the price in order they will be able to sell at a higher price than they bought.

I started to realize that when I learnt how to interpret Graphs and evaluate them based on historical data.

I can't possibly agree with this approach

And this is likely another lesson that everyone should learn. There is a time-tested and age-old trading wisdom which says to never add to a losing position, and this is exactly what averaging down amounts to. You do lower your breakeven point, that's true, but you do that in exchange for more exposure to a future price fall when it comes about. Now imagine the losses that people would have accumulated by now if they actually had been averaging down from the top at 20k. In short, it is a losing strategy, quite similar to martingale in gambling

I'm with you. Among conventional traders, averaging down into a losing position is considered horrible form. It ignores risk management and is the quintessential example of letting losses run.

I'm bullish on Bitcoin long term, but I still think Bitcoin investors who average down are pretty crazy. I'd much rather wait for an obvious long term bottom than buy dip after dip after dip and then baghold.

And it is not only that

Existentially, it just shows that you don't know what you are doing (or whoever is employing this approach in practice). Because if you did, you would be either waiting patiently till the price hit the bottom or shorted the downtrend with balls to the wall. If anything, it makes sense to sell first and then buy back into a lower price, and that would lower your entry point in a less risky manner as well (actually, in a much better manner)

To sum it up, if you can’t take a small loss, sooner or later you will have to take the mother of all losses. And averaging down will make your pain only worse

Its hard to earn in this bear market and all of us start losing hope because of the falling market. One of my lesson in this kind of market is you need to sell your tokens or coins in the right time and once you see its the right time you need to sell it out before you regret that you did not sell it.

What I have learned:

RECEIVING NEW COINS/TOKENS FROM AIRDROP/BOUNTY - SOLD THEM RIGHT AWAY WHILE PRICE IS HIGH AND RE-BUY ONCE PRICE LOWERS.
TRADING - NEVER STICK TO ONE PAIR WHEN TRADING. CHANCES OF GETTING YOUR TRADING STUCK IS HIGHER THAN YOUR EXPECT.
AIRDROP - PARTICIPATE IN EVERY AIRDROP AS YOU MIGHT ACCIDENTALLY JOIN A HYDRO 2.0 AIRDROP
BOUNTY - ALWAYS CHECK THE TEAM, WEBSITE, PROJECT AND BOUNTY MANAGER TO AVOID FRAUD OR SCAMS. WASTE OF TIME IF UNLUCKY.
USE STABLE COIN/TOKEN WHENEVER A PRICE SPECULATION OF GOING DOWN.

The good lesson I’ve got during this bear market is that, to have more patience and try not to panic. Bear market is still strong and we might still see another dump but again patience can make you more comfortable about your investment, so learn from this trend now.

Learn and start to adopt whatever the trend is going, you need to practice and you need to protect your money, this prolong bearish is really
hard to assess so better to keep your asset safe and aimed for long term instead of keep doing the trade without any assurance that you'll
going to get a good results.

It is indeed a good choice to buy, but with so long going down, I prefer to be patient and wait. I try to be patient so that in this difficulty I am not wrong in choosing.

I already posted what I learned from this bear market.

But what I learned from the previous bear market (my first) was to accumulate instead of selling haha! Classic beginners mistake. In mid-2015 I sold everything I had bought in late 2013 and 2014, and I sold at the bottom of the market in the $200s. Fast forward to 2017 when I saw the price was back over $1000 and the stupidity of what I had done HURT!

Thankfully having been through a bear market before I know to accumulate now and that's what I've been doing. And from my lessons learned this time I know not to trade during the bear market!

Can we be honest and say how long awaiting that really is? Like I`m waiting couple months and it`s very long? Even in bullish market you need to have patience, if you sell with first rise you will not have nothing to sell when new all times high comes, patience is the key in bearish and bullish market. Lesson learned is that you need to be ready for next big rise, how else to be ready and prepared if not to have as many coins as you can, it`s how I see the things around, and it`s what I `m trying to do with cryptocurrencies.

It will really bite you in the ass. But nobody is perfect at least you have learn your lessons and not repeat the past mistakes.

See, now you're talking. This is really a perfect opportunity for everyone to accumulate but at the same time have the mental toughness and the courage to just HODL and wait for the right moment to dump your coins.

Don't believe in FOMO buying, but don't believe in panic dumping either.

Both of these things are what causes people to lose out on their long term positions, because they are affected by emotions. Look at the fundamentals of bitcoin, it has not changed since the ATH of nearly $20k in 2017, yet people's perception of it are clouded by the fact that the market sentiment is extremely bearish.

What you should be really thinking in a bear market like this, assuming that you do believe in bitcoin and have the capability to invest for the long run, should be to load up as much cheap coins as possible through dollar cost averaging, instead of trying to time the bottom absolutely correct and/or panic dumping when others are doing so.

I wouldn't advise anyone to do that thing

Dollar cost averaging, averaging down, lowering your entry point or anything to that tune is all about adding to a losing position, by whatever name. I don't know how long this bear market is going to last or how low the prices are going to plummet yet but I'm 100% certain that people who have been averaging down since the 20k levels are not quite happy with the results of their investment decision. So think twice before following advices from random dudes on the Internet like this one

Holding and waiting will help you because you can participate in the bull run, but when the surge happens we know it is very quickly and if overnight price rises by couple of thousand dollars and you will think the price are high and will wait again and price may rise again. SO in such cases people lose the opportunity.

That is a choice that everyone must face, just some months ago I was a long term holder of bitcoin and while I still believe in bitcoin the only way to try to improve your profits during this bear market is to become a trader, it is not easy but if I become successful then I know that when the next bull market appears my profits will be way better than whatever I could get now, I am not making huge profits since I am still learning but I am making progress every day.

As for my prerogative to this long termed bear market, I think there's no accurate idea behind in order to recover that easy. Since people now were more prone to panic as these days having lot of struggles, many new traders weren't able to move on yet that's why quick selling are likely to happen. In my opinions, the whales cannot move since other small traders always tend to have a weaker hands

All of us is experiencing that and it's a lesson to learn that not all is always on the top. Sometimes we need to listen about the news what will be happen in the market so we know what the next step we do.

It doesn't happen all of a sudden

Well, to the majority of people involved with cryptocurrencies it can be this way exactly. But if you are an active and experienced trader, you would recognize the signs of a trend reversal. For example, if trading volume increases without price going lower, it is a sure sign of a future price rise. Just in case, we are far from that, so don't expect a price surge like a couple thousand dollars overnight in the near future. Two hundred will make most people happy now

the bottom is always further than you think---that's the biggest takeaway for me after both the 2014-15 and 2018-19 bear markets. it's because of recency bias. after 2-3 years of raging bull market, it's really hard to switch gears and recognize that sellers are taking over and that you can't just keep "buying the dip".

During the peak times of bitcoin we have learned how to "trade" and how it works, all of us became daily traders, we decided we can make money this way, there was a lot of people that went "well if I can make 10% monthly like this I can make a living out of this" and hell I am sure there were plenty of people who quit their job to become full time crypto traders and so forth. But thanks to this lesson from the bear market, all of us learnt what "investment" means and how it works.

All of us saw the price drop and some of the people who got in at peak left because they lost money and didn't want to continue but other smart people realized how far can it go down ? We are constantly buying and dropping the dollar average and eventually when bitcoin increases again we will be in profit and making bank.

then invest into something else, why are you waiting for more idiots to lose their hard earned money? they will lose with 95% probability anyway

Merited this post for its excruciating truthfulness and authenticity

Though there is already a topic named appropriately, i.e. "Are long-term holders idiots?" (or something to that tune). Bitcoin has been steadily spiraling down for over a year already but people still believe in miracles. I know we kinda had already been there in 2014-2015, but it is only a seeming similarity as the market back then was totally different from the market today. Basically, Mt. Gox was a false start, but what we see today is a genuine downfall, carnage, bloodbath and rude awakening (you name it)

Despair posts mean the bottom is near 8)

In addition to what others has said I think we have to bring reality into our investments.  We should invest based on some technical and fundamentals issues and not base on bull and bear.

Only time will tell

But if the bottom is near, you can (and should) put your money where your mouth is. For example, I short Bitcoin Cash as I expect its price to fall below 50 dollars. This is my target as shorting below makes no sense as the potential profits become not worth it even if this shitcoin goes down to zero in the end (which I don't mind at all). I also have some Bitcoin shorts but these are mostly for hedging, not so much for speculating, apart from making a few bucks now and then. So personally, I'm kinda neutral on Bitcoin price in general

the lesson from the moment's bear market that is as long as it is now is that I can know that when the bear market of cryptocurrency can never be profitable, cryptocurrency has two types of real momentum which can provide benefits if it can follow the moment's movements.

i actually know already, and have good reasons for that, but i am out with explaining these cultists the reality, let them have their hopes, for a while.

If our lesson from the market is make profits when it is available there then it will make danger for the cryptos and won't make the bull run to begin at all because people started to dump hard when they are seeing some profits so the prices are not be able to recover from the lower levels.The one lesson we need to learn if the bull run begins,patiennce is the key to get more profits.

It's funny, the bulls used to say "the 2014 crash can't happen again, it was because of Gox. The market is totally different now." They were completely wrong. Now bears are trying to turn the tables and similarly deny that the market is cyclical.

It's not the first or the last time that Bitcoin is experiencing difficulties and experienced users know that. I know that many are losing patience waiting for price to go up and market to recover but still I always say that the value of Bitcoin is not only the price and that the true Bitcoin user and beleiver should be able to get the best out of it in any condition on the market. This is the lesson learned, as well as the fact that market is often not playing on our rules.

For me, the most obvious lessons that I learned from the events of 2018. became the next - never try to buy at the bottom and do not try to sell at the very peak. If I followed this rule, I would probably lose much less money than it happened to me. In other words - do not be too greedy.

We have many things that lesson to learn in crypto especially when the market is in bearish. First is being greedy, second being unpatience there so many things that we learn in crypto it's up to us how to adopt and how to use in proper.

When everyone around me was buying I should have prepared to sell.
Buy back at the bottom.

its actually not just bulls and bears. its also about

interpretational sovereignty

when the entire market crashes the interpretational sovereignty

will be redifined.

There are probably two aspects of the bear markets that need to be considered.

One is the fact that a lot of the people invested at a stage where the market was completely overheated, out of the fear of missing out. I think that is an important lesson, as a lot of the times the value of an asset will be overpriced and will come down eventually. Never invest out of the fear of missing out. And with that, you should also never invest with funds that you're going to need in the near future. There are people who are actually not doing too bad in this bear market, because even though they may be losing money now, they still have the financial capacity to hold onto their positions for the long run and break even and even make a profit when the next bull market hits. But if you invest, and you need those funds in the very near future, that gives you no flexibility or room to work with.

The other aspect is probably the FUD that exists in the bear market. BTC is undervalued at the moment yet no one seems to be buying on a large scale, largely because of FUD and market sentiment. IMHO, contrarian investing in these circumstances is works best.

FUD isn't a major factor. It just takes time for these cycles to play out. 2017 brought in a lot of new investors, especially retail buyers who thought they would get rich quick.

Smart money (including institutions) on the other hand = patient money. Patient traders make their money from impatient traders. Smart money is never in a rush to pump anyone's bags and doesn't chase price. They wait for the impatient weak hands to flush themselves out of the market. Once they have, there is much less overhead supply on the market = time for a bull market to begin.

I see your point and I can't agree with it

Basically, your whole reasoning implicitly assumes that there exists what is called "fair price". All in all, without this "hidden" assumption you can't say that Bitcoin is either overpriced ("overheated" in your terms) or undervalued (or even "at the money"). And this is the part with which I strongly disagree. There is no fair price for a speculative asset (to make things easier you can think that it is at 0), and in this way you can't really say if Bitcoin (or any other cryptocurrency) is in fact overpriced or undervalued

Technically, it is just a random walk. The price can be 10k today and in hindsight we can think of it as a low price if Bitcoin rises to 20k tomorrow, and that would be a valid assumption. On the other hand, if Bitcoin falls to 5k in a week, then Bitcoin at 10k will turn out to be overpriced. And that would be a valid assumption too. The bottom line is that the price is a random value (from a fair price paradigm point of view)

The only lesson I took is that I need to be less greedy. Why I didn't cash out by 20000 $? Because I thought its not the end and bitcoin will continue to grow. Now I'm trying to set real targets for my coins and I will not skip my chance on the next bull run.

That has been the way wise traders trade!  If you want to invest and make money you are to be selling when others are buying and buying when others are selling.  That is one of the greatest lessons I have learned from 2018.

Dude, do you know anyone in this world who has a crystal ball capable of seeing the future? because I do not know anyone with a crystal ball who can predict the future, so what they do is called prediction, and this prediction is more likely to be wrong. You should know this before investing your money


the current price is $3400 and still is a great opportunity for people to buy and hold for the next 2 to 5 years. The problem is that people want to make quick profits and because of this they enter panic every time the price falls and they get loss


always rush to buy low and accumulate as much biticoin as you can and hold for the next 2 to 5 years

Though it's not that easy to go against the trend since there are also times when it'll produce good results. For me the takeaway is that regardless of what's happening to the market or whatever the trend is, make sure you studied and prepared for what you're going to get yourself into. Most of those that got rekt just jumped into the hype of 2017.

I'm sure those who got REKT has learn a valuable lessons here. We have seen the bullish trend already, and now this bear market is something new to everyone and those who still thinks that the market can bounce back soon is very wrong and got REKT along the way.

Of course we really need to be prepared because that's what makes the difference here. If you continue to trade with emotions they sooner or later you will be REKT. But if you study and prepared and learn some valuables lesson then, I'm sure there will be a time that you can win in this market.

the lesson I took from this dump or this bear market. always take the positive side of what's happening. I prefer to use this difficulty to be an opportunity. that is by utilizing market prices that are being dump by investing more. because I believe, that from every difficulty we are facing, there must be a good gap for us to take

Bulls and bears are just a market movement, and with this long decline I learned to be patient in order to avoid losing.

If bottom happened 2 months ago then this bear market was not prolonged. It was almost totally same length as the one in 2014. 13 months.  Prolonged bear market would happen if it would last until second half of his year.  That would give us bull market to start only at end of 2020.

true to prevent regrets at the end.  Which is always stop assuming also that you can gain more profits if you've enough  or if you already achieved your target, must sell off immediately!!  'cause market always suddenly fluctuate without any sign, so be smart to avoid regrets and always make a strategies for the safety of your post.

I don't understand why everybody think we hit the bottom when the technicals are clearly indicating overwise.

At the very least we need to close above $4200-$4400 however best would of been to break the $5800-$6000 resistance which was the support we had last year, then I would agree that the bear market is over. But right now we are still getting failed highs and if the $3200 breaks, then we are definately heading below $3000.

I think the strategy is not like that forever, especially when the upward trend occurs. Of course many people will buy at that time, and if you don't buy maybe you will be left behind by the train because you just lost the opportunity, like in 2017. buying when many people buy can also be a good thing, thats why you should see more market first

Indeed! Volatility is not something to worry much about because it's part of market growth and in gaining profit. I learned to stay more patient and hopeful that market can potentially recover at the course of time, at the same time being strategic as to what are best actions to take during price fall. I also motivate myself to explore inorder to learn more, to discover more creative ideas, to gain knowledge, experience, and be more productive rather than getting stressed out by taking a look at the current state of the market. At the end of the day, it's all in the mindset and on how we respond with these kind of situations with optimism and humility.

When I mentioned everyone I should have said "regular joe".

Tells:
- If your colleague who has never traded wants to invest.
- Your grandma wants to know what Bitcoin is.
- Everyone around you is talking Bitcoin
- News is all about Bitcoin


There are always traders in Bitcoin but once it gets hyped you should get ready to get out.
Then when there is a $1000 rise a day and you see "Infinite moneyzzz trollfaces" surround you know it's time to sell ;-)

In practice, this doesn't mean anything

Don't be a fool and stop repeating this bullshit which had been used once in order to get away with insider trading (if you you forgot the origin of this "observation"). You should get out when the market is about to crash and get in when it is about to surge. Ironically, both the former and the latter can happen when Bitcoin starts to get hyped a lot, so all in all it doesn't mean anything in particular as it can mean anything in general

That means that by the end of 2019 this will probably be the end of the bear market and there will be a bull market when early in 2020 which might make the cryptocurrency price to be very expensive and prices recover.

Its everyone wish to invest on this bearish market but the uncertainty on when this bearish runs is going to end is sending shivers down my  spine  knowing the I more I invest down the price goes,  although I learnt patience and perseverance during this market as key to massive profits after the price of btc pumps.

I have to open my eyes that getting profit from crypto is not easy, because the market is decreasing, and because of that I have to be more patient.

What do the technicals indicate according to you?

Do you remember 2017? Techno kiddies called top at pretty much every level and they were wrong consistently till the price touched $20,000 on some exchanges.

What you are referring to is more irrational market sentiment. If the price drops 10% from where we are right now, people will believe we're up for way more blood, while if the price pumps with 10% from where we are right now, Bitcoin will rule the world and we'll see $20,000 before the end of the year. In both cases it's the exact same Bitcoin, same fundamentals, etc, but people just lose it.

My lesson is that when you see a good price for coin do not be too greedy and sell it without a regret of the price will continue its moving up.
Currently I do not care too much about this long bear market. I simply know that bitcoin will return.

I see lower highs and lower lows, the long term moving averages pushing price down, and no V-bottom to indicate sellers are finally exhausted. So yeah, the technicals are looking like crap.

People are much more bearish than at $6K (a big improvement) but in general still seem too hopeful. More weak hands need to be flushed out it seems. :-\

A very valuable lesson when we face a bear market is that we learn to deal with difficult situations. Bear market is a situation that is so difficult because we are faced with two different decisions, waiting or making decisions directly is something that must be done quickly. When we can reach this phase we can trade and achieve success.

Did you change your stance too?

You are the second poster here who I remember having recently changed their mind in respect to future price action. I recall you were way more optimistic not so long ago. Or did you really expect the last rally to continue up and beyond 4k? I think we should scale down our expectations as well as our perspective on future price. The current range (say, 3-4k) may become our new home for months to come (if not years)

Maybe you should re-read what I said. Just because someone thinks a short term bull trap might occur doesn't mean they think the bear market is over.

The last rally could easily continue past $4K. I never said it would happen in a day. Every bear market sees strong upwards corrections. If not now, it'll happen sooner or later. A test of the 200DMA or 20WMA, etc.


Why, after 10 years, would Bitcoin's volatility all of a sudden die? Even in 2015 (the sideways bottom), price rose 230% from the bottom.

We should certainly not expect a bull market anytime soon, but expecting a never ending tight range is almost as unrealistic. My guess is we'll go both below $3K and above $4K over the next several months.

Experiences are the best teachers for the people who are smart. And for the experiences you need time. And yea you are right I am working on my lessons.

the most important thing about market fluctuations such as bearish is that you know how to apply a strategy to buy and sell, you should to have a strategy or plan for it, from your lessons and experience you must understand what will happen on the market, you're right, rather than sad, better make a strategy from the experience you have got

This is the difficult part on all of us as our investment funds had been trapped with the bearish market situation which nobody expected this to happen in this volatile market. I learned to extend my patient as I trust the team behind on those token I have and I will wait for the time to sell my token at the best price. I'm optimistic that the market will recover soon and we need to take advantage with the affordable price to buy more coins for our future.

thats right mate . patience is the best lesson that we have learnt from this long bearish market  but sadly not all have learn their lesson because some guys still sells thier coins because they cant wait a little longer  . some sell because they are afraid and they think that the market wont return to normal anymore .  i feel bad for them  but that is thier life  . instead of concerning about the other's much better if i can do my own business .

This is actually the first time that it happens and if we look back from the start, we can actually see the same cycle. So, those who are already been in crypto for so many years, I think they already know with this kind of stuff. And yes, commonly patience is necessary to survive with this kind of business as what many have said.

We should prove that we are strong community. For this reason, we should support bitcoin by buying and holding. Market can be down but impatient is not solution. Market don't stay same in all the time.

Nonsense aside, are you bullish or bearish now?

Personally, I don't see a lot of upward momentum now, and the way I see money being poured into altcoins (Litecoin, more specifically, as of recent) tells me there is not much to hope for with Bitcoin in the coming months. And as I have said earlier (with the market seeming to confirm my assumption), we will likely see more action in a few "selected" altcoins in the nearest future. In this way, yes, it pretty much comes down to "a never ending tight range" (as much as I don't believe in it myself)

People always want more and more, which make them greedy. To me I think that the small investors should be more careful, they should even compromise with small profit, those people who have booked profit above 16000$ they do not have any worry about the market, rather they are in good position to do buying in good and reasonable prices.

Trading can still be profitable during bear market because not all coins are going down so it is better to learn it while waiting for another bullrun to come. I learned this lesson during the prolonged bear market because the predicted bullrun never materialize last year so I decided to learn trading instead. Trading is more risky then holding and expect some losses during your initial trading.

I started my sentence with word "If"  since we will be sure only a year after bottom will happen.    But if bottom had not happened yet then it will happen soon and not at end of year or next year.  So it dont really matter that much for anyone.

Which coins are not going down?

If we take long enough timeframes, it will be clear that all coins are going down. Indeed, there are pumps (followed by inevitable dumps) but other than that altcoin prices are following Bitcoin's price action pretty closely. On the other hand, not all coins are born equal as some are more equal than others. They don't fall as much as the rest of the pack, and that's why this bear market is an eye-opener of sorts which allows you to clear see the real potential of a coin, who is to be the winner and who the loser

The lesson ive learned in this prolonged beae market is to never hold your coins for too long, dont wait for that moon ,rocket or lambos,  or you will end up wrecked.

Learning to be more patient that reality is not as easy as what you want, needs to be more calm and in dealing with market conditions.

I have a lot of lesson I learned during the bear market but it is being patient and wait for the value to increaseed it or to recover it.

Bear market measured my patient and until now I complete and Im relax and Im confident that it will recover. I learned also during the negativity of others you need to be positive so they will not affect on you and they will follow you in the end which is being positive.

Well those that think in the same way would likely be more fortunate than others. The way i see it, instead of whining about how you lost or currently at a loss and holding, this bear trend showed that this market is not for people expecting instant profit. You have to be prepared for whatever's going to happen by knowing the essentials and having a plan.

Eventually Bitcoin's price will bounce up and establish equilibrium. The price does not reflect the fundamental developments that are happening in the blockchain space. Just look at the price now. It could be the "bottom."

Only expert and well patient people can wait for such a long time and can stay and wait patiently.
New investors and inexperienced people always come in pressure and start selling even on falls information. I think that such people cannot make get any profit from the market.

I think they need to study the market first should spend some time in the market and after getting some experience they should enter the market and should do investment. I think that the current price is the best time for investment in bitcoin, because my own analysis is that market will very soon start improvement and the will hopefully not decrease anymore.

Lessons from prolonged bear market, If BTC declines there is a possibility that other coins will decline too. Another one you shouldn't trade if you cannot afford to lose all that money in one go because it's like a gamble but it needs long time of service to rise or dump. Be confident on what you own because a positive mentality is needed in here to survive the incoming heartbreaking moment, be ready for that one too.

In my opinion, advising people to invest when the bull market start is not a rational investment decision but advising them to invest more particularly now that the market is on the bearing trend will be better.
The lesson I learned was that you have be greedy when people are afraid of investing and be afraid when market is up and people are despirate to invest.

It was a good advice, actually (to invest at the beginning of a bull market)

What you say ("be greedy when people are afraid of investing and be afraid when market is up") may sound good and nice and all that, but this is no more than a catch phrase like "invest when there is blood on the streets even if it is your own blood". In most such cases you will be left with nothing if you follow this approach. I can just say that trend is your friend and never try to catch falling knives

Prolonged bear market has happened several times from its day into existence. In the past the price of bitcoin has not reached very big during those bear markets. During those prolonged bear market the price used to fluctuate and travel for a long. Now the price peaked and after the same a bear market is hard to accept by the users. Now from my view need to go along with the market, if it peaks we need to sell and profit, and if it falls low need to invest as much possible. Altogether one should have patience is the must with cryptocurrency which is the lesson earned from bear market.

Yes, that is correct that all most all  coins are in downward direction, most of the coins price indirectly depending on bitcoin, but there are some potentially good coins whose price is comparatively too much stable, we need to recognize such coins and should always try to do investment in such coin if we are interested in altcoin investment. To me, I think that Etherium is also a good place for doing investment.

Don't wait for the bull to run, don't wait for the bear to go away. If you have some coins with you and you see profits of at least 2% - 3% Sell and move on to another trade. 1% profits per day is 30% in a month. If you are able to be consistent in booking 1% a day, imagine how much you can make in a year. Its better than waiting for the bull run.

The problem here is no one really knows when the bear market will end and when will be the bull market starts so investors have no ideas but still we are learning from our past experiences and from the history of the market we look at it a basis of our decisions. I believe that during this bear market season investors have already prepared their barns for a good harvest when the bull market hits.

1% profits daily on your entire balance is a huge profit

A lot of people would happily agree on 1% monthly in a consistent and reliable manner. Personally, I target for 10% monthly but it is rarely the case because volatility has been sucking recently and I still can't efficiently deal with edge cases like the market falling too low or rising too high while doing that a bit too fast

You know you can't really expect to act rationally when things get out of hand (your hand obviously), so you are bound to make mistakes, and this is inevitable (remember, pigs get slaughtered). Other than that, I agree that you should make money whenever possible in your "range" (myself, I go for 5-7%)

The bear market makes many traders take a wait, because to anticipate if prices continue to fall they are not too loss, because they wait for prices to rise.
The decision caused a lack of transactions on the market which would cause prices to go up or down so thin that there was no big speculation that could lift prices.

Lesson learned. Dont expect or rush up yourself too much on getting rich  ;D With this motive alone you would really hope too much and do expect and when the market
do tends to be bearish for years then those expectations would burn into ashes.You would really realize on what you have done wrong and with that you would really be much wiser on next
move.

I learnt to persevere in the this difficult bearish market with the hope that there is hope in the future the recent pump in the price of bitcoin had really attested to the fact hodling and accumulations at this period will later results to a massive profits after the market turns bullish.

As the bear market continues to stay in the cryptoworld, i have learned to be more and more patient with my crypto holdings and never lose hope because just recently too, bitcoin is showing a price hike. Furthermore, i also bought some of the major alt coins that i can afford while its price is low.

Buy more then 1 umbrella because redundancy is useful in its self.   If you are really talking the longest bear markets I ever seen, that'd be the decades long depressed gold prices which is just fine if you are using it to store solid value for retirement that cant get wrecked by the next bank crisis.   Buy a gold coin (whichever your nation may have had historically as currency is often best) for every working year of your life, so the idea is to distribute not be a speculator so much but obviously as you near retirement the idea of solid value becomes a greater idea then all the gambles people take in their 20's

So far as Bitcoin is concerned, everything happens in a micro kind of scale to it.   We consider a year even to be like the decade in gold market might be, that figures as the natural cycle to crypto is far quicker where as a gold mine takes a decade to establish to naturally it moves far slower.     Same kind of deal could apply, consider time distributed accumulation and really only a small amount taken from spare funds.   If its not spare you may feel pressure via pricing which means you are holding too much probably.    

Also another take from 5 years in crypto I would point out BTC is not leveraged naturally, the supply never alters no matter the price which means its very constricted and can spike due to that.   Eventually demand is served by smaller divisions made in BTC and a higher price overall, dont sell out completely.  Save your change in a virtual change jar and consider that a hundred year flood type saving (but in BTC timescale of course)


A proper market gains something even in the declines, its ongoing.  Dont be negative over 1 number when the world overall is very positive

That's pretty good and we don't need to be worries on the market for every time we experience declines, its all just normal events in crypto. It could be our regrets when we fall into panicking and being impatient individuals, our market will eventually recover and all we to do to patiently wait and no need to rush.

The situation will be very hard especially if the money invested at that time needs to get back as soon as possible. You might end up selling your coins at a very unreasonable price. One lesson you can get is don't follow what others are telling you to do. Or assess the situation if you can tolerate the circumstances if everything goes wrong. It will help you decide what's your next move. Expect the worst so to speak.

Don't just take the opportunity during hyped it would be just the same as suffering from this bearish market. Yet you can advantage on this bearish trend by accumulating lots of coins to hold a get ready for the bullish trend to come in the future. That's the opportunity that you've been waiting for if you are planning to invest in for the long term.

What you've said is good for users who have been into cryptocurrency with large funds. Those people will make more and more investments into cryptocurrency when the market is bearish, but the same isn't possible with the small scale crypto users who just have a crypto portfolio. So he can make use of the fluctuations on trading. Nothing beyond that is possible.

When we consider crypto as an investment then money which is need of short period don't have to be used for that purpose.Investment can only give growth of our capital in long term one year of bear market is not that much long for a successful investor.But the long bear market may give lesson to the people who want to make quick money.

On how to be patienr or being patient person.  For sure even you are losing money you learned too like waiting is the best key for the success. There is no magic that you are gain profit in short period of time everything takes time and right time and I beliebe soon is the time for the bitcoin to rise again and recover markert.

Well, I think that we all could have learned that despite all.analysis, charts and trends in the history real market behaviour and price trends can't be predicted. That is why we always have to be prepared for all kinds of scenarios and always have some back up plan and strategy that is flexible enough to adapt to the situation on the market. It's maybe the most important lesson.

Market will recover sooner or later and the price will rise but we have to have enough patience to wait for that.

We don't need to be greedy to profit in crypto, and with a prolonged downturn to get a lot of money requires great patience.

I always see some advice from people here just the way with yours on how people should invest in crypto currency during an upward trend which most a time I felt bad about such advise because elementary market analysis will tell you that you invest prices are low and take profit when you have made profit and not the other way round.
Now is the time to invest and not when market is in bull trend.

Concerning my privilege to this since quite a while ago named bear to advertise, I believe there's no exact thought behind so as to recoup that effectively. Since individuals currently were increasingly inclined to freeze as nowadays having part of battles, numerous new brokers couldn't proceed onward yet that is the reason snappy offering are probably going to occur. In my conclusions, the whales can't move since other little merchants constantly will in general have more fragile hands

So many people are unable to be patience because they invested huge amount of money for which they can do away with for a long time period. Greed has led many people in a big lost in crypto currency investment and that was why they are learning a hard lesson in crypto currency investment.

Yea this bearish reason is indeed a great opportunity to invest while the price is still affordable so when harvest time comes, we can count on our harvest and not regret for not doing anything. so instead of crying over the situation better grab this opportunity to buy more coins of your choice.

All throughout this harsh prolonged bear market, i've realized that i have the capacity to withstand and tolerate frustration and despair.
In simpler words, i am patient enough to ignore totally the discomfort brought about by the brutal bear. Looking back, if i am utterly impatient, i could have sold all my tokens when i am in most need of fiat many times in the past. But the mere fact that i didn't was just mind-blowing.
Knowing that i have that in me, i feel more secure and satisfied that at the right time i can truly achieve my set-goal in this harsh unstable world of cryptocurrency.

The most important lesson I learned during the last year is that you never need to invest when an asset has grown strongly enough, you can do anything what you want, but try to avoid the temptation to invest in an asset that has grown more than twice, because you are take very big risk.

The most important lesson is that we must go with the least resistance line, as Livermore did, if the market falls or rises it must be won, the volatility is enormous, since we are in a stage of accumulation, some bulls can appear to prove the offer, but it is a good time for investors, since they can wait a long time to obtain benefits.

Traveling through the prolonged bear market understood missing an opportunity to make use of the bull market will make the user hold the assets for a much longer time period. By the time of bull market if I've sold my crypto holdings now I could've reinvested the same making a big profit. It is good to keep track of the market and make precise decisions.

Being stucked without knowing that the bear market will lasts longer than expected. I should transfer my altcoins to tusd when I know my TAs were right. I have learned that I should be confident with my TA's and should not doubt myself.

True and yes. A good lesson learnt from the current market as a trader. You need to have enormous patience to see your profit. It does not happen at a sudden in this market. And, we can not gain large profits. Need to set up small threshold on profits. This will not let you to loose much.

What I’ve learned is never stop holding and continuously support and trust the capacity of our coins ,never doubt and sell at loss instead buy again when the value keeps on dumping from this we can accumulate the losses when the price booms again.i made a big mistakes in 2018 things that i will never let to happen again.to those who always do cutting losses hope you will never regret when the bullrun comes in unexpected time

We used to learn our bad experience last year and it made up today to become stronger as we believe that crypto will have the full forward this year.
It is really tough to hold for the entire year but this is the best way to keep safe from losing. Even we work into trading but still there is a huge percentage of losing if we are not effective into that field, it is better to hold and wait for the bull run.