Bitcoin Forum

It is good to be Optimistic, but sometimes you assume the worst so as to be able to endure the hard time, we have thought the bearish  be over by now, different speculations...with the view of things, the bear persists,there is a lenght to which everyone can persevere in tough time. how long can you endure the bear?

This has nothing to do with Meta. Please move it.
Anyway no matter how the market is doing 1BTC=1BTC... if you sell, you loose no matter what is the price.
Just have patience, all nice thinks take time... and here we are talking about years.

Yeah you're probably better off moving it to economics or off topic.

Anyway, anyone seasoned in investing with bitcoin will know to hold onto their coins during a dip because there's no up side to selling once we have fallen. I shorted bitcoin in the dip and bought back in half way through, however it didn't make much of a profit so equally you shoildvt make so much of a loss on the way down thst you consider pulling out and avoiding btc... You gotta get used to this market tother wise there is no hope. When everyone around you is bullish or bearish and you don't know what to do, the best thing to do is hodl.

I will endure for 11-12k lvl again. And after i will sell of everything. Im done

In order to endure this kind of scenarios in the market, you just gotta trust the process. I've hodling most of my coins since January 2018, and yes, I'm starting to have doubts about hodling anymore since it just keeps on going down, and I'm losing my hope but I've realized that this is not forever, it might just take some time before this bearish market would be over but it will be worth the wait, in my opinion.

I need funds so spend in my everyday living so I've sold some of the shitcoins I have and luckily I have a sideline job in the real world that's helping to do live and pay my bills every month.

I've seen my holdings shrunk 300% from where it was during the 2017 bull run to the crash of 2018 but I'm still here. I've seen $3000 levels along the way from a $19000 top, but that doesn't deter me from investing or still staying even though it hurts the wallet already (hint: it really doesn't.) I've been profiting since 2015 off of bitcoin and crypto and it's a rare opportunity to be had only to throw it away just because of a single crash that isn't like any other crash.

Perhaps you'll still see me posting and yapping about all things bitcoin-related for decades more, here in this very forum--if it still exist by then.

I do not know any other system that is worth to endure. Yes, crypto trading is what most of us use to make some profit but it is not appropriate to use it only as a source of earnings. Our problem is that we value states' papers more than cryptocurrency. The papers we need to meet our needs, but I think that is enough. Lets see crypto for its own value, the bear market has always been, and is what it should be. Do not stop waiting for a happy end, some of us have already stopped believing that is why the price goes down.  :(

The presence of cowards is a tribute to the brave.
Blockchain and cryptocurrencies are our future. It is the future of our money, guaranteeing that we can live like real people.
So we must continue to work and contribute to the blockchain by ignoring our lives. We are poor people, but humanity is not.

Depends because people are way too different in terms of risk management and emotion level.Some might really that touchy and some do endure no matter what happens into this market.

It isn't really that easy specially you have thrown up some funds to invest and seeing the price is gradually dumping down would really make you panic.
Being a hodler isn't really that easy to say nor to endure yet you would able to see the good and the worst along the way.

That is right. We will always see this kind of price movement. We might labeled this week as price crash but as compared to last year's performance, we are still way beyond the previous price level. If you are a long time crypto user, you will not ask this to yourself - how long can you endure? Because you know better. This is only the tip of the iceberg of your life in crypto. You have been in much worst condition, yet you stay. Why would you give up now? Now that the adoption is growing and more crypto users are learning the right way.

Well said, losses only come to those who sold their BTC at the lower rate they acquired it. 

As of how long I can endure, I can say as long as I have enough money from my day job to pay for my bills and family expenses then I can endure until BTC goes down to 0 value.

At this point losses also came to people who bought at the peak of 2017 bull market and kept their coins. You should not think that buying and holding will always be profitable. There will be a moment when bitcoin stops growing and stabilizes and maybe even goes down never to reach that point again. It may not be now but it will happen some time in our future. There will be a last bull market and hope it's not going to be the one when you go all in.

What's wrong here, user who is experiencing this kind of dropping for the first time will think of selling while others knew the reality. It will get growing slowly reaching bigger price, we have to have patience as there is no deadline by which the price will reach the point from which it went steep down.

Endure?

If you are optimistic about the future price, then it doesn't matter what the price is now. If you are not optimistic and this drop in price is something that you must "endure", then it might be better for you to exit.

Everyone has their own beliefs. sometimes it is not realistic but sometimes they are faced with no choice but to hold. bitcoin is very fluctuative and people know it. easy rising easy falling. people should accept that and take action with their assets.

As long as you are not selling you are not losing anything. If you had been in the market for too long, the drop from ATH down to the dip of the market had been the worst loss most people had. The market will teach you patience. Just enjoy the bear market buy buying small chunks, and do not focus too much in crypto, get a life, find something to do, find a job, and do other things while the market is not favorable or profitable. Trade once in a while and gain profit. That would lessen being be too stressed with the current market situation.

I can endure until the bulls will come. I have endured worst of times in the past. This dump in prices within a few days is nothing compared to the $20,000 to $3,000 unimaginable dump in BTC and $1,400 to $150 dump in ETH price and others.

Patience is always the key. The crypto ride, after all, has always been as bumpy.

Assuming the worst is a really nice defense mechanism, which we could perfectly apply to our crypto adventure. The prices shoot up and then nosedive and then move a little sideways and then nosedive again, and so on and so forth, up to eternity most probably unless there will come a stability of some sort that many of us are waiting and hoping.

But what had just happened is not the worse, far from it, not even close. The price fell, there was more than a thousand USD lost, but it quickly stopped as it quickly happened and we are now seeing a little green. This is not the worse for sure. I don't mind enduring this round. If I'm not mistaken, we will be seeing better days within a week's time.

people who already have principles will hold until they feel that the time to sell them has arrived. how long they can endure the bear, only they themselves can answer it. but, we all know that selling it now you will lose.
by the way, if this is about me, I will keep holding it until the price approaches $ 15k and when the price approaches $ 15k, I will think about it  ;)

losses are the general situation of many speculators now. The whales have actually come up with their strategy when manipulating the price of bitcoin plummeted to the bottom of $ 7k8.
but I still have positive thoughts about the cycles of any financial market. dump -> pump
there will be no financial market going down forever, it will have periods of growth and I will have the patience to wait for it.
I will not continue trading, I just hold and dont mention it from here until 5 more months. ;D

I think the bear market has been over for a while now. We've seen steady price recovery for the last 6 months or so. Now we've had a dip over the last week, but I don't think that's a long-term trend. Long-term I think the bear has ended and we are moving towards a bull market.

I would add, that those people with some persistence and so called principles, will and in my opinion should, hodl forever.
With inescapable crisis on the horizon, this may prove itself as the only sane solution.
Most of people forgot what sort of game we are playing here. As a reminder: it's a game o bitcoins not fiats.
Goal is and always was, to make the world bow to bitcoin. Global adoption and one world currency. If it's not going to be bitcoin than world bank will force us with some crap of their own. So I choose btc instead. 

For me seeing bearish market is not new anymore since I've been in crypto for years now and im holding some of my coins for long time already (I cant sell because of not improving market condition and prices of my tokens) but I dont ask when this bearish trend be over. When I engaged myself in crypto im aware of the risk when you invest in it so whats currently happening is already in my expectation when the worst scenario happened.

If you truly believe in your coins and crypto in general you'll understand that crypto investment is not easy and it takes a lot of guts and patience to hold on. Sometimes you'll get tired of waiting but thats part of investing.

If you have been here for more than three years, surely you have experienced a situation like this and that often happens like in 2018 ago. For me whatever market conditions, I will accept because as far as from my experience crypto moves flowing and I follow flow, whether it's going anywhere.

When crypto goes up, everyone hopes that crypto goes down because they mostly miss train, but conversely when crypto goes down they expect to go up and feel disadvantaged. These are traders who do not enjoy their trade, if they could enjoy it surely they would follow the flow of this market.

this is all about sychological. taking decisions against stress for daytraders. i exclude myself from them, my investments buy small portions periodicly and forget.

There are two positions for me. Number one is for traders, where volatility can be extremely lucrative and is not something to fear. Number two is for long-term holders, where the relevant time span is years, and even a long bear market is just a bit of a bump on the upwards road to mainstream adoption and higher prices.

I think a lot of concern about prices and bear markets comes from people who believe strongly in crypto and are long-term holders, but who (myself included here) still find themselves checking the price charts on a daily (or more frequent) basis. If you have good coins, BTC and high-potential alts with solid use-cases, then don't worry about a bear market.

@TIDOVEE I can understand what you’re going through as many of us had expected Bitcoin bulls to return, but instead the bears are back and they’re pulling the prices down. However I’m not thinking anything negative as I’m used to this kind of volatility, today the prices are down but in near future they’ll bounce upwards and we’ll get our rewards for holding bitcoins. As for your question how long can one endure the bear mode, my answer is that I’ll be holding on to my coins until I get my profits I would advise you to do the same.

We can credit everyone who has endured the last year's bear market and still fit of holding up to this date. It's a long bear market but right now I don't think it's still a bear market. This is like a mental game, the more patient you are the higher chance of surviving the market.

Don't let those bad speculations and predictions let you down. Be firm if you are longing to see the future of bitcoin but it's also fine to sell for some profit, if you are into it, it's also not that bad to cut some losses if you are not comfortable.

About my endurance, I can't say but for now, I can stay for a longer time.

Hmm, I don't know either. I'm not letting this thing stress me out, I just continue hodling. Right now I considered myself lucky because I don't need huge money thus I don't feel the pressure of bear market so far. Sorry if I can't give an exact answer for your question becaus I can't relate ;D. Anyway, if I assume that I need money right now then probably I'll just withraw the amount I needed I let the rest remain on my wallet hoping the price will rise soon.

Risky investments are not for everyone, especially if it is a short-term investment and then something like this happens. For some people who invest above or close to $10 000, drop to $8000 can look very dramatic, but patience is key in everything. There is a sales option that results in a loss, but preventing the possible greater loss, or holding until the price is back to the desired level.

In long term Bitcoin always shows positive results, but some may wait a few months, others few years. For those who can wait 5-10 years from now there is a chance that they will profit, but there is also a big risk. One always goes with the other, who does not risk, does not profit.

I think I could endure it and wait till it hits another all time high after all we have seen the worst and I think I could endure it even if it hits another huge dump,
I have survived it so why shouldn't I continue to hold ?
The problem here is how would you manage it ?
Most of us would panic and sell but not for those who truly believes in crypto ,
We are investing for the long term so those dump wouldn't even bother us specially if you wouldn't sell your crypto.

If you have been long enough, I'm sure that this is just another test for investors. People get burned here, get REKT but I'm sure some of this left but majority understands that this is just a challenge because the market is really volatile.

But to be honest, even strong hands here are going to be tested and there will be time that they need to liquidate not because they are afraid, but probably there are more compelling reasons behind for them to sell and wait till the market settles again, and then reinvest.

It's funny because bull run has happened and has passed and I was not lucky to make profit between those months. I can only survive 1 year of bear period and I think I could handle another year anymore or I'll be dead. Now we are back to bear mode and I'm still hoping that even there's only a very small chance that there is still going to be an explosive altseason to save me from being broke.

I can optimist with bitcoin or altcoin when lower price, I will sell it after raise profit about 10% and re invest when price drop, never keep on my mind to hold for long time because is not safety for my assets.

   I can endure, I`m positive about that. I invest what I can afford to lose, on monthly basis. Now I have alt-coin portfolio that worth
some money, but I don`t rely on that.
   It`s important for each person to have more sources of income. I have my job and income from there, this is my hobby and I can
endure for years I believe.

There's no precise measure to me, I'm holding until I feel comfortable with it
I already have my strategy for long term, I ony have money in cryptos that I can afford to lose
With time you will gain more confidence in BTC, if you are not used to BTC maybe you will be scared at crashes ou downturns, but don't worry, if you are here for long term, you should be fine

The largest majority of my coins were bought at $300+ ...so I reckon I would start getting itchy fingers when I reach that price level, but I would still make a profit on my investment capital, with a price of $0. The reason for this is simple, because I sold some coins at $18 000 at the ATH and I got a 800% profit on those coins. <So I passed the ROI stage and I am well into the green with my profits for my Bitcoin investments.>

I think the endurance from other people will be determined by the price that they paid for their coins and also how desperate they are to use that money. <Every person will have their own set of circumstances that would tempt them to sell.>  :P

Actually I already sell my coins last few month even if I loss too much. Im desperate for some money I need it for my everyday life. But I've learned some lesson, invest what you can afford to lose and don't invest all of your money in crypto.

Is that the longest version of telling yourself you are in panic?
Because it is obvious that you are.

Better calm yourself and look back. This happened before and even the worst had come. We should've already learned from that.
This is just another wave from a dump when people are buying the new one which is being hyped.
They sell their bitcoins in exchange for that and yet in a couple of months they will regret it.

I'm seeing more threads like this with people disappointed at the current rate. If y'all teary-eyed now I wonder how you were when it was 3k. It hit 10k weeks ago, if you were trying to short you would have already some profits by now.

If you are a hodler then this shouldn't even faze you. I've witnessed bitcoin at $800, I ain't complaining bout the current $8000.


Or as they say in ASOIAF, a dragon is a dragon.  :)

You can’t say in advance how long we can endure this bear market. It all depends on our life circumstances and the availability of free time. Although this year can not be called a bear. Bitcoin grew quite well in the second quarter and increased in price by almost four times. There really are problems with the price of altcoins. We do not know when they will finally begin to grow. In any case, in the coming year I am not going to leave the cryptocurrency. It requires perseverance and patience.