Lesson from the prolonged bear market

[romero121]

Prolonged bear market has happened several times from its day into existence. In the past the price of bitcoin has not reached very big during those bear markets. During those prolonged bear market the price used to fluctuate and travel for a long. Now the price peaked and after the same a bear market is hard to accept by the users. Now from my view need to go along with the market, if it peaks we need to sell and profit, and if it falls low need to invest as much possible. Altogether one should have patience is the must with cryptocurrency which is the lesson earned from bear market.

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[guoyu78]

If we take long enough timeframes, it will be clear that all coins are going down. Indeed, there are pumps (followed by inevitable dumps) but other than that altcoin prices are following Bitcoin's price action pretty closely. On the other hand, not all coins are born equal as some are more equal than others. They don't fall as much as the rest of the pack, and that's why this bear market is an eye-opener of sorts which allows you to clear see the real potential of a coin, who is to be the winner and who the loser

Yes, that is correct that all most all  coins are in downward direction, most of the coins price indirectly depending on bitcoin, but there are some potentially good coins whose price is comparatively too much stable, we need to recognize such coins and should always try to do investment in such coin if we are interested in altcoin investment. To me, I think that Etherium is also a good place for doing investment.

[nydiacaskey01]

Don't wait for the bull to run, don't wait for the bear to go away. If you have some coins with you and you see profits of at least 2% - 3% Sell and move on to another trade. 1% profits per day is 30% in a month. If you are able to be consistent in booking 1% a day, imagine how much you can make in a year. Its better than waiting for the bull run.

[Glorious04]

The problem here is no one really knows when the bear market will end and when will be the bull market starts so investors have no ideas but still we are learning from our past experiences and from the history of the market we look at it a basis of our decisions. I believe that during this bear market season investors have already prepared their barns for a good harvest when the bull market hits.

[deisik]

Don't wait for the bull to run, don't wait for the bear to go away. If you have some coins with you and you see profits of at least 2% - 3% Sell and move on to another trade. 1% profits per day is 30% in a month. If you are able to be consistent in booking 1% a day, imagine how much you can make in a year. Its better than waiting for the bull run

1% profits daily on your entire balance is a huge profit

A lot of people would happily agree on 1% monthly in a consistent and reliable manner. Personally, I target for 10% monthly but it is rarely the case because volatility has been sucking recently and I still can't efficiently deal with edge cases like the market falling too low or rising too high while doing that a bit too fast

You know you can't really expect to act rationally when things get out of hand (your hand obviously), so you are bound to make mistakes, and this is inevitable (remember, pigs get slaughtered). Other than that, I agree that you should make money whenever possible in your "range" (myself, I go for 5-7%)

[sijonru]

Lessons from prolonged bear market, If BTC declines there is a possibility that other coins will decline too. Another one you shouldn't trade if you cannot afford to lose all that money in one go because it's like a gamble but it needs long time of service to rise or dump. Be confident on what you own because a positive mentality is needed in here to survive the incoming heartbreaking moment, be ready for that one too.

The bear market makes many traders take a wait, because to anticipate if prices continue to fall they are not too loss, because they wait for prices to rise.
The decision caused a lack of transactions on the market which would cause prices to go up or down so thin that there was no big speculation that could lift prices.

[Lanatsa]

Sincerely, it is not so easy with this long time dump/bear market. Long awaiting promises weakens the heart. I hope guys have learnt their lessons like when next the bull run appears you take the best opportunity and invest for the raining day. What's your lesson too?

Lesson learned. Dont expect or rush up yourself too much on getting rich  With this motive alone you would really hope too much and do expect and when the market
do tends to be bearish for years then those expectations would burn into ashes.You would really realize on what you have done wrong and with that you would really be much wiser on next
move.

[Olalomi]

I learnt to persevere in the this difficult bearish market with the hope that there is hope in the future the recent pump in the price of bitcoin had really attested to the fact hodling and accumulations at this period will later results to a massive profits after the market turns bullish.

[yonjitsu]

As the bear market continues to stay in the cryptoworld, i have learned to be more and more patient with my crypto holdings and never lose hope because just recently too, bitcoin is showing a price hike. Furthermore, i also bought some of the major alt coins that i can afford while its price is low.

[STT]

invest for the raining day. What's your lesson too?

Buy more then 1 umbrella because redundancy is useful in its self.   If you are really talking the longest bear markets I ever seen, that'd be the decades long depressed gold prices which is just fine if you are using it to store solid value for retirement that cant get wrecked by the next bank crisis.   Buy a gold coin (whichever your nation may have had historically as currency is often best) for every working year of your life, so the idea is to distribute not be a speculator so much but obviously as you near retirement the idea of solid value becomes a greater idea then all the gambles people take in their 20's

So far as Bitcoin is concerned, everything happens in a micro kind of scale to it.   We consider a year even to be like the decade in gold market might be, that figures as the natural cycle to crypto is far quicker where as a gold mine takes a decade to establish to naturally it moves far slower.     Same kind of deal could apply, consider time distributed accumulation and really only a small amount taken from spare funds.   If its not spare you may feel pressure via pricing which means you are holding too much probably.    

Also another take from 5 years in crypto I would point out BTC is not leveraged naturally, the supply never alters no matter the price which means its very constricted and can spike due to that.   Eventually demand is served by smaller divisions made in BTC and a higher price overall, dont sell out completely.  Save your change in a virtual change jar and consider that a hundred year flood type saving (but in BTC timescale of course)


A proper market gains something even in the declines, its ongoing.  Dont be negative over 1 number when the world overall is very positive

[Yamifoud]

As the bear market continues to stay in the cryptoworld, i have learned to be more and more patient with my crypto holdings and never lose hope because just recently too, bitcoin is showing a price hike. Furthermore, i also bought some of the major alt coins that i can afford while its price is low.

That's pretty good and we don't need to be worries on the market for every time we experience declines, its all just normal events in crypto. It could be our regrets when we fall into panicking and being impatient individuals, our market will eventually recover and all we to do to patiently wait and no need to rush.

[tippytoes]

The situation will be very hard especially if the money invested at that time needs to get back as soon as possible. You might end up selling your coins at a very unreasonable price. One lesson you can get is don't follow what others are telling you to do. Or assess the situation if you can tolerate the circumstances if everything goes wrong. It will help you decide what's your next move. Expect the worst so to speak.

[Oceat]

Sincerely, it is not so easy with this long time dump/bear market. Long awaiting promises weakens the heart. I hope guys have learnt their lessons like when next the bull run appears you take the best opportunity and invest for the raining day. What's your lesson too?

Don't just take the opportunity during hyped it would be just the same as suffering from this bearish market. Yet you can advantage on this bearish trend by accumulating lots of coins to hold a get ready for the bullish trend to come in the future. That's the opportunity that you've been waiting for if you are planning to invest in for the long term.

[Duzter]

Sincerely, it is not so easy with this long time dump/bear market. Long awaiting promises weakens the heart. I hope guys have learnt their lessons like when next the bull run appears you take the best opportunity and invest for the raining day. What's your lesson too?

Don't just take the opportunity during hyped it would be just the same as suffering from this bearish market. Yet you can advantage on this bearish trend by accumulating lots of coins to hold a get ready for the bullish trend to come in the future. That's the opportunity that you've been waiting for if you are planning to invest in for the long term.

What you've said is good for users who have been into cryptocurrency with large funds. Those people will make more and more investments into cryptocurrency when the market is bearish, but the same isn't possible with the small scale crypto users who just have a crypto portfolio. So he can make use of the fluctuations on trading. Nothing beyond that is possible.

[bonker]

The situation will be very hard especially if the money invested at that time needs to get back as soon as possible. You might end up selling your coins at a very unreasonable price. One lesson you can get is don't follow what others are telling you to do. Or assess the situation if you can tolerate the circumstances if everything goes wrong. It will help you decide what's your next move. Expect the worst so to speak.

When we consider crypto as an investment then money which is need of short period don't have to be used for that purpose.Investment can only give growth of our capital in long term one year of bear market is not that much long for a successful investor.But the long bear market may give lesson to the people who want to make quick money.

[bitcoin31]

On how to be patienr or being patient person.  For sure even you are losing money you learned too like waiting is the best key for the success. There is no magic that you are gain profit in short period of time everything takes time and right time and I beliebe soon is the time for the bitcoin to rise again and recover markert.

[bitbunnny]

Well, I think that we all could have learned that despite all.analysis, charts and trends in the history real market behaviour and price trends can't be predicted. That is why we always have to be prepared for all kinds of scenarios and always have some back up plan and strategy that is flexible enough to adapt to the situation on the market. It's maybe the most important lesson.

Market will recover sooner or later and the price will rise but we have to have enough patience to wait for that.

[candra raditya]

We don't need to be greedy to profit in crypto, and with a prolonged downturn to get a lot of money requires great patience.

[Bagaji]

Sincerely, it is not so easy with this long time dump/bear market. Long awaiting promises weakens the heart. I hope guys have learnt their lessons like when next the bull run appears you take the best opportunity and invest for the raining day. What's your lesson too?

I always see some advice from people here just the way with yours on how people should invest in crypto currency during an upward trend which most a time I felt bad about such advise because elementary market analysis will tell you that you invest prices are low and take profit when you have made profit and not the other way round.
Now is the time to invest and not when market is in bull trend.

[solarion]

We don't need to be greedy to profit in crypto, and with a prolonged downturn to get a lot of money requires great patience.

Concerning my privilege to this since quite a while ago named bear to advertise, I believe there's no exact thought behind so as to recoup that effectively. Since individuals currently were increasingly inclined to freeze as nowadays having part of battles, numerous new brokers couldn't proceed onward yet that is the reason snappy offering are probably going to occur. In my conclusions, the whales can't move since other little merchants constantly will in general have more fragile hands