julius caesar
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August 12, 2018, 11:01:22 PM |
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Crypto will bounce back no doubts. There is always period of boom and periods of depression for healthy balance.
Even in normal economics...There have been periods of boom and recessions. But things will return back soon. The question is what can you make out of the situation? What should you do and not do?
What you should be doing now is investing or buying and having a mountain of patience for the boom period.
What you shouldn't be doing now is selling. Sometimes things like this happens for good reason. At least if not for anything, it affords us the wisdom to appreciate crypto and be prepared to take our profits and run away...
I can't imagine seeing 50% in crypto and not selling anymore especially with very heavy capital invested.
I agree with you, and I regret every time I spend something unnecessary when I was having my own money last few months and now I am awfully having no money at all and waoting for the thing to act on its and waiting for a mirsculuous gift ftrom above to have money. I think what I have learned was dont be too happy and comfortable that you can have money on a short period of time since Bitcoin is unpredictable. |
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godfredmanu
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August 12, 2018, 11:11:08 PM |
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I sold my bitcoins when it was 10,000 and I have never regretted of disposing it off for an ICO which is given me much return than if I could have hold it as bitcoins, and this is the main lesson I learn during the bear market. If I was still holding, my value of asset on bitcoin would have diminish.
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Sandus_Cryptolover
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Activity: 482
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August 12, 2018, 11:21:15 PM |
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The only set of investors that may be selling at the current market thread are the noobs. They are always eager and easily moved by emotions. Best for me is to hold on till something good begins to come through.
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[ M O B U ] The Investment Bank of the Future
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Ayaah
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Activity: 140
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August 12, 2018, 11:23:28 PM |
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Crypto will bounce back no doubts. There is always period of boom and periods of depression for healthy balance.
Even in normal economics...There have been periods of boom and recessions. But things will return back soon. The question is what can you make out of the situation? What should you do and not do?
What you should be doing now is investing or buying and having a mountain of patience for the boom period.
What you shouldn't be doing now is selling. Sometimes things like this happens for good reason. At least if not for anything, it affords us the wisdom to appreciate crypto and be prepared to take our profits and run away...
I can't imagine seeing 50% in crypto and not selling anymore especially with very heavy capital invested.
Yes, I also agree that this coming bear months lot of investor's are waiting for this moment to sell their coins, as they hold in many months, because bear months is the start of the day that crypto currencies are starting to move up and slumps to rise up again to the highest level. |
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burnchan
Newbie
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Activity: 240
Merit: 0
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August 12, 2018, 11:42:31 PM |
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Crypto will bounce back no doubts. There is always period of boom and periods of depression for healthy balance.
Even in normal economics...There have been periods of boom and recessions. But things will return back soon. The question is what can you make out of the situation? What should you do and not do?
What you should be doing now is investing or buying and having a mountain of patience for the boom period.
What you shouldn't be doing now is selling. Sometimes things like this happens for good reason. At least if not for anything, it affords us the wisdom to appreciate crypto and be prepared to take our profits and run away...
I can't imagine seeing 50% in crypto and not selling anymore especially with very heavy capital invested.
I agree with you, and I regret every time I spend something unnecessary when I was having my own money last few months and now I am awfully having no money at all and waoting for the thing to act on its and waiting for a mirsculuous gift ftrom above to have money. I think what I have learned was dont be too happy and comfortable that you can have money on a short period of time since Bitcoin is unpredictable. That is why it is important to spend what is necessary even if we are abundant with resources. We sometimes get overwhelmed of the blessings that we acquire which we end up spend it. However, we learn and be a better person every time we commit mistakes. For now let us be patient because sooner the market will rise again. |
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Naughty Princess
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August 12, 2018, 11:48:04 PM |
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Bear market is a season for holding your coins and buying cryptos either btc or alts at a cheaper price this time. New and old investors should somehow consider this good strategy as this is what successful investors do in times of bear season and earn much greater profit.
I definitely agree on you.Bear season is the perfect time to accumulate more bitcoins and even some good altcoins and hold them patiently until you see their prices skyrocket again.I'm sure after holding a year you will eventually gain good returns from them. That a good thing to do. We must prepare our investment before the price goes high again. Do not be feared of the changes and losing of value because that will never happen as long as many are having it and also wait for gaining good profit. Holding will be worth for the long term and add more volume on what you are holding in every down of crypto that give in the market. |
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supelle.born
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Activity: 286
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August 12, 2018, 11:56:20 PM |
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The bear market moments are a learning and exercise of patience and nerves in place to maintain your discipline in the investments without any damage
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Reid
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August 12, 2018, 11:57:10 PM |
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Very true.
Wise men will find it out eventually.
It is like a bargain now. So what else to do but buy buy buy.
They say it is too expensive before and yet they bought it. Those who have bought before at a 5 digit price can bounce back and be at ROI again buy buying now and waiting for maybe just a month.
There are just too much panic because of the ETF thing.
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fourokavas
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Activity: 96
Merit: 10
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August 13, 2018, 12:00:01 AM |
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Well i learnt a lot during the last few months, specially because i started to be more patient than before, and that was a huge achievement for me because of the difficult times
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jacksonhen
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August 13, 2018, 01:32:22 AM |
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The current market situation is really worrying, especially a newbie like me. Rising and falling price movements are indeed a risk that must be faced in the cryptocurrency world. at present I am more restrained than selling tokens that I have, especially bitcoin. I prefer to buy coins that have the possibility of prices going up and doing short trades to get a little profit. We must be patient because the market will improve over the time.
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pooya87
Legendary
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Activity: 3444
Merit: 10558
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August 13, 2018, 03:32:38 AM |
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What you shouldn't be doing now is selling. Sometimes things like this happens for good reason. At least if not for anything, it affords us the wisdom to appreciate crypto and be prepared to take our profits and run away...
actually during this bear season you should have learned a couple of things and none of them were "not selling" alone. the most important one was to know not to fall for the altcoin pump and dumps and to never think the dumps of a pumped altcoin is just going to end for no reason. and the other important one was to learn to detect the bottoms and not sell in the bottom but sell when you are before that bottom. of course that only concerns bitcoin and when you are a trader. |
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Kasliono
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August 13, 2018, 03:45:20 AM |
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This is a very hard situation when a lot of investors are doubt the btc and selling their btc, so the prices is going down. But, in my view, it is just the beginning, the people will understand why we should use btc and why we should leave the gold and the cash. They will understand how easy to use and how save the btc. When they realize that. Then the prices will go up.
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jademaxsuy
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August 13, 2018, 03:49:01 AM |
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Crypto will bounce back no doubts. There is always period of boom and periods of depression for healthy balance.
Even in normal economics...There have been periods of boom and recessions. But things will return back soon. The question is what can you make out of the situation? What should you do and not do?
What you should be doing now is investing or buying and having a mountain of patience for the boom period.
What you shouldn't be doing now is selling. Sometimes things like this happens for good reason. At least if not for anything, it affords us the wisdom to appreciate crypto and be prepared to take our profits and run away...
I can't imagine seeing 50% in crypto and not selling anymore especially with very heavy capital invested.
I learn simple things on this bear market that even if market price fall down we could still earn on it but letting our crypto increase its number. I had seen a predictable pattern on it and that is when market price goes a good market price increase it will followed by a market price fall down. Day trading will be more on like getting a simplier ways for now. |
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wantjokull
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August 13, 2018, 03:51:29 AM |
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What you should be doing now is investing or buying and having a mountain of patience for the boom period. That is what I am learning from the bear market and keeping myself motivated about it. I always think that if we are currently -40% to -50% down from the ATH prices then why not consider it as our future profits whenever the crypto currencies will start driving themselves to those ATH one more time. Now this is all about the time, we dont know when this time will come but it will surely come as heroic entry for our profits. We can at least spend that much time here if we are going to get such high profits from it. Thats all I think about the bitcoin and its bear market. |
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HonourB
Newbie
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August 13, 2018, 03:57:25 AM |
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What you should be doing now is investing or buying and having a mountain of patience for the boom period.
It's a very good opportunity for investors to buy and hold more coin, knowing very well that Bitcoin will resurface on a good day |
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loragean03
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August 13, 2018, 04:05:39 AM |
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Bear season is a season for buying coins/tokens, because most of the coins are in the dip/reds. This is not a season for selling assets. If you have another capital to invest on, this season is the right time. And dont just invest on some coins/tokens just because they are in the dip, make sure that youve choose the good one and not the one who gives you a hard time in the future.
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Bellator
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August 13, 2018, 04:13:35 AM |
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Crypto will bounce back no doubts. There is always period of boom and periods of depression for healthy balance.
Even in normal economics...There have been periods of boom and recessions. But things will return back soon. The question is what can you make out of the situation? What should you do and not do?
What you should be doing now is investing or buying and having a mountain of patience for the boom period.
What you shouldn't be doing now is selling. Sometimes things like this happens for good reason. At least if not for anything, it affords us the wisdom to appreciate crypto and be prepared to take our profits and run away...
I can't imagine seeing 50% in crypto and not selling anymore especially with very heavy capital invested.
In this cryptocurrency community what will be our armour is only patience,we will think positive for a positive outcome.If we have patience no matter what year it will skyrocket,and we can keep our investments until such time came that it would completely recover this bear markets,then probably we will experience the benefit of cryptocurrency in our lives. |
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Flor1982
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August 13, 2018, 04:17:16 AM |
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There is nothing to learn at this moment because we really don't know if there is really a bullish market that is waiting a head. Except if bearish can be monitor and can be detected then still holding our coins is the best strategy to learn but like Bitcoin price in which bearish market is really unpredictable too so i think there is nothing we can do in the future bearish but to hold and wait.
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Exhim1940
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August 13, 2018, 06:31:08 AM |
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The world economy has seen one of the biggest recessions during 2008 but it has able to recover from that. Same will happen to crypto market as well. But for now when the prices are low I would buy coins that have past reputation of being a profitable one.
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Demonic Minotaurs
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August 13, 2018, 06:46:39 AM |
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Bearish trend made me look for other Altcoins which were doing great in the market and invest in them. To be honest, that really helped. I remember when I first experienced such bearish market I got so frustrated that I panicked and sold all my coins for a huge loss. So, I tried to be patient this time and move my focus on to other coins.
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