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Author Topic: Reason to stay in this bear market.  (Read 666 times)
Aveatrex
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June 24, 2018, 10:54:28 PM
 #21

Bear market is only an issue to those who bought during the market high's but most of the people here which I'm quite sure that we bought and had bitcoin when it was around $1,000 - $4,000.

Compare to the stocks market, crypto market is better than that. You have to need big money there and wait for loooooong years before you see great profit but crypto is totally different and the best.
What you've said is a double-edged sword.Certainly,opportunites on crypto market are way better than stock market however this includes that the crypto market is really dangerous in terms of volatility and can lead you to a big loss instead of profit.On stock market it's kinda balanced,either small profis or small losses.






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June 24, 2018, 11:07:23 PM
 #22

We are in a bear but still there's  a lot of reason why you should stay, and I listed some of those good things to stay calm and why you need to trust this market again.

1. Cryptocurrency can bounce back high in this current dump because of its own technology. the potential growth of this market is still 101%.

2. Bear market is normal, and if you look at any market after the dump there will always a rebound, where its possible to make a new all time high.

3. Now why some countries make bitcoin legal? Why some big personality invest in some project? Well, its simply because they saw a great potential for this cryptomarket, and you should too.

This may not help you to stay calm and stop panicking but try to imagine the market five years from now. Any thoughts why people should stay in this market?
Of course the market will goes back again but not that quite fast than when it is on the bullish trend. If you are in this situation already, then you already knew what you are going to do and that's exactly what you are telling them.

To keep calm and be patient because everything will be gonna be alright, because at the moment it is just a part of the market but that volatility of the market was so hard to predict even if it was almost near you.

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June 24, 2018, 11:58:05 PM
Last edit: June 25, 2018, 04:49:34 AM by ladydark
 #23

We are in a bear but still there's  a lot of reason why you should stay, and I listed some of those good things to stay calm and why you need to trust this market again.

1. Cryptocurrency can bounce back high in this current dump because of its own technology. the potential growth of this market is still 101%.

2. Bear market is normal, and if you look at any market after the dump there will always a rebound, where its possible to make a new all time high.

3. Now why some countries make bitcoin legal? Why some big personality invest in some project? Well, its simply because they saw a great potential for this cryptomarket, and you should too.

This may not help you to stay calm and stop panicking but try to imagine the market five years from now. Any thoughts why people should stay in this market?
Bitcoin previous performance gives us hope to stay in the market.Bitcoin has been in existence in the market for the past eight years and it's not an easy task for a decentralised coin to stay successfully for such a long time.By this way,bitcoin has gained the trust of majority of people.

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June 25, 2018, 01:58:34 AM
 #24

you can invest in BTC if you have the money to leave it there for years.

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June 25, 2018, 03:28:07 AM
 #25

We are in a bear but still there's  a lot of reason why you should stay, and I listed some of those good things to stay calm and why you need to trust this market again.

1. Cryptocurrency can bounce back high in this current dump because of its own technology. the potential growth of this market is still 101%.

2. Bear market is normal, and if you look at any market after the dump there will always a rebound, where its possible to make a new all time high.

3. Now why some countries make bitcoin legal? Why some big personality invest in some project? Well, its simply because they saw a great potential for this cryptomarket, and you should too.

This may not help you to stay calm and stop panicking but try to imagine the market five years from now. Any thoughts why people should stay in this market?
Well, that is the reasons why poeple invest in bitcoin. People invest in bitcoin because they believe in the potential profits of bitcoin. No matter how low it dumps for sure the market will bounce back to a much higher value. That's how the market play, when the price is dump that doesn't mean it will dump forever. As long as many people invest in the cryptocurrency the market will continue go up and down but not totally down. Believing in this unpredictable market is why people continue to stay.

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June 25, 2018, 04:56:24 AM
 #26

Well, that is the reasons why poeple invest in bitcoin. People invest in bitcoin because they believe in the potential profits of bitcoin. No matter how low it dumps for sure the market will bounce back to a much higher value. That's how the market play, when the price is dump that doesn't mean it will dump forever. As long as many people invest in the cryptocurrency the market will continue go up and down but not totally down. Believing in this unpredictable market is why people continue to stay.
I believe bitcoin would go back up again because it is just the nature of the market cycle. We experience a meteoric rise last year and it is not that expected that it will go that high so it is not an organic growth wherein there is regular taking of profits that's why its drop is this dip as well. Every time the price drops more, its a pain for the holders and maybe some cannot just take it anymore. If you have more funds then you are lucky because you can average down. Those who are patient will eventually be able to reap the fruits of being able to wait until such time we are in profits again.

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Ramtapsbtc
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June 25, 2018, 08:30:27 AM
 #27

We are in a bear but still there's  a lot of reason why you should stay, and I listed some of those good things to stay calm and why you need to trust this market again.

1. Cryptocurrency can bounce back high in this current dump because of its own technology. the potential growth of this market is still 101%.

2. Bear market is normal, and if you look at any market after the dump there will always a rebound, where its possible to make a new all time high.

3. Now why some countries make bitcoin legal? Why some big personality invest in some project? Well, its simply because they saw a great potential for this cryptomarket, and you should too.

This may not help you to stay calm and stop panicking but try to imagine the market five years from now. Any thoughts why people should stay in this market?



Generally,the reason why people stay even in this bear market is they believe the power of cryptocurrency, eventhough the market falls but investors knew the ability of crypto to bounce back,we must bear in our minds that market is cyclical ,if you know how to play with it then you will stay in crypto forever.
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June 25, 2018, 08:35:03 AM
 #28

I expect this bear market continue for bitcoin until the dumps in the altcoin market is over and the money exits completely from them so that each of them crashes down to its real value which is currently at least another 75% drop for the big coins among the top 10, and another about 30% for the rest of them.

by that time we can see a more stable bitcoin price without these shitcoins pulling it down and we can finally see the rise start to happen while top altcoins are abandoned for at least 6 months to a year before they are pumped.

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June 25, 2018, 08:40:32 AM
 #29

Most of the people who are actually finding it very hard to stay in the market presently is simply because they got the wrong mentality from the beginning thinking this is a get rich quick scheme kind of market and they are simply just going to get rich overnight when the likes of McAfee was ready to eat his *whatever* in public if bitcoin does not get to $1m before 2020.

It has turned to more of a speculative asset with people not even getting to know the value the market brings and with that, they will keep making the wrong decisions every single time, which is one of the reasons they are not even taking advantage of this dips, but whining instead about their losses, as if bear market is only applicable to the cryptocurrency market.
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June 25, 2018, 08:53:09 AM
 #30

My main reason why I am still here in spite of the  long bear month and bear market is that I believe that Bitcoin will eventually rise up again.  I believe in the saying " When you hit bottom, there is no other way but up",  I stand by this.  I will wait down until it rises again, Bitcoin is here and it will stay.
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June 25, 2018, 09:39:27 AM
 #31

We are in a bear but still there's  a lot of reason why you should stay, and I listed some of those good things to stay calm and why you need to trust this market again.

1. Cryptocurrency can bounce back high in this current dump because of its own technology. the potential growth of this market is still 101%.

2. Bear market is normal, and if you look at any market after the dump there will always a rebound, where its possible to make a new all time high.

3. Now why some countries make bitcoin legal? Why some big personality invest in some project? Well, its simply because they saw a great potential for this cryptomarket, and you should too.

This may not help you to stay calm and stop panicking but try to imagine the market five years from now. Any thoughts why people should stay in this market?

To point number one 1 I would like to do some slightly correction. Instead speaking of crypto currencies you should replace two words with just one word, Bitcoin!
Many altcoins will not survive if we keep staying in this bear market and ranging on a low level for another 6 months. And maybe that's the plan by some big players. To wash out all out the crap in the space. If Bitcoin decide's to make a deep deep and long dive, like 2014/2015, I can assure you many coins you see on cmc today won't be there anymore at the end of the year.

You're right that those kind of bear market are normal for Bitcoin. What goes up that crazy, also needs drastic corrections. We've seen this plenty of times now.

And in general you can say that Bitcoin's fundamentals are looking really great. For instance more and more miners are entering the space, which will reduce centralization in that field.
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June 25, 2018, 11:08:37 AM
 #32

when the low price is likely to have the potential to create a high price, and vice versa. when the low price is a good opportunity to buy then sell it when the price goes up.

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June 25, 2018, 12:16:29 PM
 #33

If there is anyone not absolutely staying calm in this bear trend, it is simply because they have gotten the wrong picture of the market right from the onset and rather than see the potential in the future, they are so much concentrated on the short term growth while expecting bitcoin to just keep moving up and up nonstop. Like you said, bear market is normal and this is something that happens in every market and only a fool will be selling at loss a market that has huge potential for the future instead of buying at the dips to compensate the loss.

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June 25, 2018, 01:14:59 PM
 #34

Any thoughts why people should stay in this market?
I think people should stay in this market because the market is trusted. Bitcoin and other coins are trusted already that we can put our money into them and hold for long term. This is only a massive correction of what happened last year.

The ones who are panicking right now are those newbies who are dumb enough to panic sell even they are at a loss.

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June 25, 2018, 05:03:00 PM
 #35

Bear market is only an issue to those who bought during the market high's but most of the people here which I'm quite sure that we bought and had bitcoin when it was around $1,000 - $4,000.

Compare to the stocks market, crypto market is better than that. You have to need big money there and wait for loooooong years before you see great profit but crypto is totally different and the best.
What you've said is a double-edged sword.Certainly,opportunites on crypto market are way better than stock market however this includes that the crypto market is really dangerous in terms of volatility and can lead you to a big loss instead of profit.On stock market it's kinda balanced,either small profis or small losses.
It's because every time I see some threads about the current fall, most of the posters are newbies or are they really newbie? Also some are just spreading FUD and want to share their fear to others. Crypto is a high risk market and you have to change your mindset if you ever came in. You have to forget the traditional fundamentals that are being shown with the normal markets like stocks but due to its risky behavior, if you have patience with a combined good timing, it will make you wealthy.

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June 25, 2018, 08:37:14 PM
 #36

We are in a bear but still there's  a lot of reason why you should stay, and I listed some of those good things to stay calm and why you need to trust this market again.

1. Cryptocurrency can bounce back high in this current dump because of its own technology. the potential growth of this market is still 101%.

2. Bear market is normal, and if you look at any market after the dump there will always a rebound, where its possible to make a new all time high.

3. Now why some countries make bitcoin legal? Why some big personality invest in some project? Well, its simply because they saw a great potential for this cryptomarket, and you should too.

This may not help you to stay calm and stop panicking but try to imagine the market five years from now. Any thoughts why people should stay in this market?

Bear market is part of the trading ecosystem. It should happened to spoiled the trend and destroy the fake pump. Without it, no cheap coins will be sold to us. Without it, we will never know how strong the support is for a specific coin. Without it, we will be forced to buy at higher prices.

How come people will leave just because of this market phenomena? No way we can experienced a continous uptrend therefore same goes for a downtrend. Just move forward and play with the game. No room for weak heart in crpyto.

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dewi91
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June 25, 2018, 08:43:33 PM
 #37

I have a strong reason why I'm still here even the market is dumping simply because I believe in the future of cryptocurrency. I see people how they react in this kind of situation, some already sold their bitcoin because they are scared about the future of btc, but of course we must stay calm and remain positive even the market is negative.

yes we should try to stay calm because we already know about the risk of crypto market. up and down are always happen in crypto market and in every the price go down, the price will increase again. we just need the time and patience because we know that crypto still have a bright future.
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June 25, 2018, 09:03:11 PM
 #38

I don't really see a reason to not stay in the market, right now.

If you are selling now (especially if your entrance point was high, like near the ATH level high), then you're essentially incurring unnecessary losses. You're not even going to get that much back in return, considering that the price now is only 30% of what the peak price of BTC is.

I would not only stay with my existing long term positions on bitcoin, but also accumulate some cheap coins if my finances allow for it. People are currently irrationally bearish, which is a good indication of when to buy. The next bull market will probably come some time after the next halving. These bear and bull markets are only a part of the price cycle as I've said, and there is absolutely no reason to panic. History has repeated itself many times (look at the bull/bear cycles before 2017).
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June 26, 2018, 07:29:35 AM
 #39

really, for three reasons that make a lot of people survive. I think those who complain and stop their interest in the world of cryptpcurrency will feel the loss and regret next year. indeed this bearish trend is very long, but if we are smart, we can take advantage of the circumstances that occur now and make it an advantage for the future.
The same way they are feeling regret right now buying at the peak, is the same way they will feel regret later not buying at the dips. It is funny that some people keep doing the same thing over and over again expecting different results, which in the real sense, things do not happen that way.

Any smart person will surely be buying the dips now and worry less, while knowing the potential for the future is huge and bright and therefore focus more on that.
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June 26, 2018, 02:01:53 PM
 #40

We are in a bear but still there's  a lot of reason why you should stay, and I listed some of those good things to stay calm and why you need to trust this market again.

1. Cryptocurrency can bounce back high in this current dump because of its own technology. the potential growth of this market is still 101%.

2. Bear market is normal, and if you look at any market after the dump there will always a rebound, where its possible to make a new all time high.

3. Now why some countries make bitcoin legal? Why some big personality invest in some project? Well, its simply because they saw a great potential for this cryptomarket, and you should too.

This may not help you to stay calm and stop panicking but try to imagine the market five years from now. Any thoughts why people should stay in this market?

That's exactly what's keeping me here. I've made a lot of readings and watched a lot about bitcoin, blockchain and cryptocurrencies in the past to know that it's real value and use won't be until a couple if years from now. And that's what i've invested in, not for any promise of quick money

 
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