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Author Topic: Why do you think bear market is affecting Bitcoin (Crypto currencies) so badly  (Read 653 times)
8rch7
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September 18, 2022, 11:52:29 PM
 #61

In recent years we have seen a bear market several times after the massive parabolic rise, the price then fell by more than 80%, this was the case in 2014 and 2018, after the massive rise that occurred in the previous year, we don't have to think about the market bears for now, but we have to predict that 2022 will still be a bearish year, but we don't need to be afraid because we can also see big profits for bitcoin in 2023, I really salute the Exodus company, even in the midst of a bear market but they keep paying their employees with btc.

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Imran232
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September 19, 2022, 08:00:07 PM
 #62

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Well, I believed that Bitcoin's down actually had an impact badly on the bitcoin market. Well, why? For this topic, I have the explanation in a different sector. We all know how much bitcoin is a headache for governments, banks, and even stock market lovers. And we can all guess why. So, in their opinion, they have a point to shame bitcoin to newcomers to the bitcoin sector to invest in or those who have only heard about bitcoin that it is a financial asset. But when the bear market starts, those who have believed in bitcoin don't care who comes and invests, they get panic and they now have a point to say bitcoin is not safe. And those people who are actually against bitcoin now are trying to understand that we will only lose our money here. And I think this is the actual negative effect that happens when the bear market starts. That was actually my thought. Your thought might be different. Thank you.
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September 19, 2022, 11:09:00 PM
 #63

Nothing? If they cant handle huge and prolonged drawdowns then they shouldn't be investing in bitcoin/crypto/stocks. It's really not my job to convince them.
As much as they’ve seen how bitcoin price drops drastically, then they should also learn to anticipate that bitcoin might reach another all time high when bullish market takes over the bearish market. That way, they will always remain positive on the bitcoin price, regardless how volatile it is. Otherwise, they should not be in crypto in the first place.

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September 22, 2022, 05:18:30 PM
 #64

People who have no good concern/gratitude, are just people who don't have confidence in their Bitcoin assets. I assume they have lack knowledge about Bitcoin, and don't realize the potential of Bitcoin future. While for experienced investors, must thank to bearish market because they have a chance to buy as many as Bitcoin at a cheap price. Without bearish market, investors can't get a chance to buy Bitcoin at a very cheap price.
They can buy at cheap prices but will not be able to sell at high prices is the bull market does not that. That becomes the point of interest here, since these investors are only looking for quick gains and not simple gains like us.

Bitcoin's potential is to become an alternative mode of payment and it has reached that but some one will always complain about something new they expect but not find here. Just market prices which affect bitcoin's reputation cannot be corrected easily.

I am sure those who understand these things will invest in bitcoin without a doubt.

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Issa56
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September 22, 2022, 07:45:11 PM
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 #65

You just have to remind them why they invest in the first place. Remind them that BTC has limited supply, that if they sell their BTC they also lose the opportunity.
I think the only set of of people that need reminder are the newbies, as a professional am sure you should know the current bear market is normal, we can't just continue to see the bull run without the bear market, any professional that is scared of the current situation or that's disappointed should just leave crypto space, I don't think their is anything that can motivate you.
Some investors just rely to think thinking however that BTC is a get rich quick.
I think this apply to only new investors, Bitcoin is not a get rich quick scheme, most newbies get discouraged whenever they invest in bitcoin and they see their money reducing on a daily basis, most of them endup falling for some tricks by scammers which will ask them to invest and they should be expecting double of their money in few days or hours.
I believe every year their is always a time when bitcoin is always down, so I think people that have stayed long in crypto space should understand that the current market condition is normal and is just temporary, with time everything will definitely bounce back and everyone will smile again.

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