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Author Topic: The Bear may be good for us  (Read 224 times)
Jaephoenix
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April 17, 2018, 12:57:14 AM
Merited by Maestro75 (1)
 #1


We are in a bear market, (granted, it's easing up a bit), but it's a huge dip, since we had the $20,000 ATH hit sometime in December 2017. So here are the Silver linings in the dark clouds..
More FUD resistance. Well consider this just like a vaccination. We all have that Fever that follows vaccines. But the good thing is it shoots up our resistance, our nerve. To handle bad news
Okay, at least with passing time, we are seeing less of useless forks. Why? I truly believe by next bull run, most useless forks will fail to gain use and market shares and would eventually drop off, and original ideas will dominate
No more shitcoin.  Coins like bitcoin gold, diamond, platinum, sapphire, ruby etc etc. If this market continues for a 1 more month, we would be rid of shitcoins.
No more moon-heads. This particular issue can really rankle me up. You won't read 2 posts without a 'when moon' or 'when lambo' post popping up somehow. Especially in Telegram threads
Mass adoption. Technology will advance. I With tech advance we will see adoption rates going up. Technology like Ripple, Nano would get some look-ins
The real HODLers would be shown. And this would show peeps that really believe in projects. Not just 'get-rich-quick' guys

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April 17, 2018, 01:49:45 AM
 #2

I hope you are right with the forks... I find them really annoying to deal with since you are tax liable for something you may not even want.. and it's not like its free since it cooks in the price and then dumps. I hope you are also right about moon people.  If they'd just buy at the bottom like they should instead of buying near all-time highs, it wouldn't be so stressful for them so they wouldn't constantly need Adderall just looking at charts.  I don't believe in mindless holding since I'm a position trader and not all coins can be in a position to earn at all times... but it will definitely get rid of the weakest hands for sure.   New money can be a boon and a bane.. boon because they will hold bags at insane prices and scream "when Lambo as you take profits from them... a bane because they panic sell in a full blown out 60% retracement market thinking its going to zero making the market bear trend last longer.... this next run is going to be epic though. 50k btc on the table this year? Smiley

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April 17, 2018, 02:49:59 AM
 #3


We are in a bear market, (granted, it's easing up a bit), but it's a huge dip, since we had the $20,000 ATH hit sometime in December 2017. So here are the Silver linings in the dark clouds..

Correct from $20000 to $8000 damn that was a crashed.  Grin

More FUD resistance. Well consider this just like a vaccination. We all have that Fever that follows vaccines. But the good thing is it shoots up our resistance, our nerve. To handle bad news

FUD is here to stay, there are people specially newbies not immune though, the minute someone yells SELL, SELL, SELL because bitcoin is going down, without logical thinking, they immediately push the sell button. But for those who are really "hardened" by a lot of FUD in the past, we can all handle it with flying colors.

Okay, at least with passing time, we are seeing less of useless forks. Why? I truly believe by next bull run, most useless forks will fail to gain use and market shares and would eventually drop off, and original ideas will dominate
No more shitcoin.  Coins like bitcoin gold, diamond, platinum, sapphire, ruby etc etc. If this market continues for a 1 more month, we would be rid of shitcoins.

We really know what their intentions are. So if really won't make any sense to invest on them. Just get the free coins during the fork and dump it immediately..

No more moon-heads. This particular issue can really rankle me up. You won't read 2 posts without a 'when moon' or 'when lambo' post popping up somehow. Especially in Telegram threads
Mass adoption. Technology will advance. I With tech advance we will see adoption rates going up. Technology like Ripple, Nano would get some look-ins
The real HODLers would be shown. And this would show peeps that really believe in projects. Not just 'get-rich-quick' guys


LOL. moon-heads give us entertainment mate. Gives me a good chuckle here and there specially if the price is really surging up and you will see newbies calling like bitcoin will go on a parabolic rise forever. But they immediately rattled once the price falls down and then bitching around that they have lost this x amount of investment and asking for advise.  Grin

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April 17, 2018, 03:40:04 AM
 #4

It probably is, for those people that wants to buy into bitcoins. But it was a life changing crash for those that bought at the highs of december. If you can imagine someone buying from $17,000 - $20,000 then suddenly crashing in February to $6,000. That would have been a nightmare for them. I guess it's an opportunity more than an misfortune. I believe today is still a good time to buy bitcoins or probably ETH or XRP.
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April 17, 2018, 04:04:31 AM
 #5

A brief bear market is good for small investors to participate in crypto and we can buy crypto for cheaper price, but a very long bear market will decrease the trust from investors and people will become hesitate to buy again, I think there should be a balance between bull and bear market to make crypto a healthy investment, the range and the gap also mustn't be too far

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April 17, 2018, 05:00:11 AM
 #6

Yes indeed we are in a bear market but we have been in this thread for quite some time now but I think a trend reversal is very near. With the forks I think most of them are shitcoins and with the current trend they might die.

No one can stop FUD even with regulations you can see it on all market. Bad news from a company may crash it stock price. Bad news regarding a commodity may crash its price in the world market. Crypto market will bot be immune to that.



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April 17, 2018, 05:42:01 AM
 #7

I agree with the numerous unnecessary forks coming up now. I see it as a repetition of what we already have and I believe that those who truly worth will stand the test of time. New developers should try something new not following an already made thread. If developers have no outstanding idea, then don't set up an ICO to scam people!  Unfortunately,  it is these developers that encourage investors to invest in shit ICO for the sole interest of making money out of it.

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April 17, 2018, 06:11:03 AM
 #8

Yes very good points, I kind of feel like almost every weak hand has already sold.  That's why i feel we have bounced off the market bottom.
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April 17, 2018, 06:15:13 AM
 #9

Looking  at the bear market from your perspective is so refreshing. What irks me the most is the opportunist fork that was making mess of bitcoin and diluting the market. Real world use would not be achieve if we keep projecting bitcoin as something that can easily be manipulated.

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April 17, 2018, 06:42:25 AM
 #10

No more moon-heads. This particular issue can really rankle me up. You won't read 2 posts without a 'when moon' or 'when lambo' post popping up somehow. Especially in Telegram threads
Lol...I can so much relate with the 'Devs, when exchange?' 'When moon' 'When lambo?' comments on telegram. Almost everyone wanting a quick fix out of poverty.

Yes very good points, I kind of feel like almost every weak hand has already sold.  That's why i feel we have bounced off the market bottom.
That should not be true. There will always be weak hands at any point in time. We can't completely do away with them.

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April 17, 2018, 06:47:18 AM
 #11

Its good if you wanted to enter the picture before but you can't because the price is too steep. But during the bear season, every coins is at a discount so you have to take advantage of that situation to get it while they are all down.

Its also a good test, specially hands that are weak are totally eliminated and those left are strong hands that are not affected by the crisis. And for those it will really be a test and I hope that you all pass it with flying colors so to speak.

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April 17, 2018, 06:47:27 AM
 #12

Another "good" you can get from this bear market is improving your trading strategy. It is a time to reflect and know what you have done wrong, what made you lose Bitcoins and what to improve for the next bull market.


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April 17, 2018, 06:54:35 AM
 #13

We are not on the Bearish market anymore. Bearish and Bullish is not the situation of the price but it's the trend of price variation in my opinion. We are currently on the big dip we consider the peak price but do you consider the bubble when BTC price jump from 6000$ up to 20,000$? The price is normal and people are just too much expecting analyzing base on the peak price which is not the real basis of BTC price.

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April 17, 2018, 07:24:37 AM
 #14

Well you may be right about the "extermination" concept in those who were just here to expect a short-term profit. This bear market is also an advantage for all of us to buy more Bitcoin, right? Real hodlers aren't typically those who just holds. They believe that these red market happening is more of a green market for them to "buy" and not just see the green market as "selling" coins.

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April 17, 2018, 07:32:30 AM
 #15


We are in a bear market, (granted, it's easing up a bit), but it's a huge dip, since we had the $20,000 ATH hit sometime in December 2017. So here are the Silver linings in the dark clouds..
More FUD resistance. Well consider this just like a vaccination. We all have that Fever that follows vaccines. But the good thing is it shoots up our resistance, our nerve. To handle bad news
Okay, at least with passing time, we are seeing less of useless forks. Why? I truly believe by next bull run, most useless forks will fail to gain use and market shares and would eventually drop off, and original ideas will dominate
No more shitcoin.  Coins like bitcoin gold, diamond, platinum, sapphire, ruby etc etc. If this market continues for a 1 more month, we would be rid of shitcoins.
No more moon-heads. This particular issue can really rankle me up. You won't read 2 posts without a 'when moon' or 'when lambo' post popping up somehow. Especially in Telegram threads
Mass adoption. Technology will advance. I With tech advance we will see adoption rates going up. Technology like Ripple, Nano would get some look-ins
The real HODLers would be shown. And this would show peeps that really believe in projects. Not just 'get-rich-quick' guys


Bear is needed to create/ make open position if market always bull, it will crash and never comes up again, for this one check commodities product before bitcoin. I assume bitcoin is same like commodities and bear trend also needed to recovery asset ( piramida principal money management ) after get big looses. Bear or bull is good for us, just follow them and get out before too late.


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April 17, 2018, 08:52:58 AM
 #16

with all happen in the crypto, I think it is better to wait and see what will go on and still do analyze on every time because the price will show the way. no matter how long the price will increase, if we still follow the way of bitcoin, in the end, we can get something better and of course, we can make a profit too. and I don't care about the negative news that happens to block bitcoin to increase, because I believe that bitcoin will increase higher more than in December last year.

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April 17, 2018, 09:19:15 AM
 #17


We are in a bear market, (granted, it's easing up a bit), but it's a huge dip, since we had the $20,000 ATH hit sometime in December 2017. So here are the Silver linings in the dark clouds..
More FUD resistance. Well consider this just like a vaccination. We all have that Fever that follows vaccines. But the good thing is it shoots up our resistance, our nerve. To handle bad news
Okay, at least with passing time, we are seeing less of useless forks. Why? I truly believe by next bull run, most useless forks will fail to gain use and market shares and would eventually drop off, and original ideas will dominate
No more shitcoin.  Coins like bitcoin gold, diamond, platinum, sapphire, ruby etc etc. If this market continues for a 1 more month, we would be rid of shitcoins.
No more moon-heads. This particular issue can really rankle me up. You won't read 2 posts without a 'when moon' or 'when lambo' post popping up somehow. Especially in Telegram threads
Mass adoption. Technology will advance. I With tech advance we will see adoption rates going up. Technology like Ripple, Nano would get some look-ins
The real HODLers would be shown. And this would show peeps that really believe in projects. Not just 'get-rich-quick' guys


Yeah that feels good after reading your post. Mostly the positive stuff in terms of ATH reaching. Yes your prediction is true that we are already in dip if we consider the point of reference as 20K USD which was also years ATH. We still need to grab huge market volume until we can reach the prices like that. This will happen but it will be very very slow process and might just take until the year end 2018. But isn't that is good thing as we can still buy more BTC's along the way and hope to see it increases many more folds as part of investment. I dont bother about other coins because somehow the BTC is getting more attention due to its sudden spike last week. So more eyes on it and thus more chances that it will rise faster from here.

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April 17, 2018, 09:48:29 AM
 #18

If its the group consciousness that determines the price - then it will go up now. And its a serious joke by the way..
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April 17, 2018, 10:20:07 AM
 #19


We are in a bear market, (granted, it's easing up a bit), but it's a huge dip, since we had the $20,000 ATH hit sometime in December 2017. So here are the Silver linings in the dark clouds..
More FUD resistance. Well consider this just like a vaccination. We all have that Fever that follows vaccines. But the good thing is it shoots up our resistance, our nerve. To handle bad news
Okay, at least with passing time, we are seeing less of useless forks. Why? I truly believe by next bull run, most useless forks will fail to gain use and market shares and would eventually drop off, and original ideas will dominate
No more shitcoin.  Coins like bitcoin gold, diamond, platinum, sapphire, ruby etc etc. If this market continues for a 1 more month, we would be rid of shitcoins.
No more moon-heads. This particular issue can really rankle me up. You won't read 2 posts without a 'when moon' or 'when lambo' post popping up somehow. Especially in Telegram threads
Mass adoption. Technology will advance. I With tech advance we will see adoption rates going up. Technology like Ripple, Nano would get some look-ins
The real HODLers would be shown. And this would show peeps that really believe in projects. Not just 'get-rich-quick' guys


There are positives and negatives in the bearish market indeed. I know that we are still experiencing huge losses, but it is just a healthy correction and it is just temporary. I think we all need to know about the common bearish and bullish cycles every year, like the April tax deadline, etc. For me, it is a positive thing in the bearish market when you want to buy more coins or tokens at lower prices. Just my two satoshis.

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April 17, 2018, 10:27:31 AM
 #20

The bear market is a must...especially when we are all at massive bullish last year. It is still above ico price if we see year on year return. People who bought at peak, just hold yout btc or good alt like eth,ltc,neo..they will make comeback. Crypto is not death. It is still the futures. Look at btc holder...they still believe in this. They invest a lot more then us.. and rich people always know what we dont know.

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