The prevailing market condition a blessing?

[Annalise24]

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of  most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

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[cizatext]

The bearish market price of cryptocurrency today is a mechanism that is been driven by blockchain technology to bring everybody on the network because if the price stay high many will not be able to buy but at a low price so many people are able to buy bitcoin compared to late 2017.

[Ezenwanyi]

Thinking out from the box, I think you are right.
The beariish market condition made it possible for some potential investors to buy into Cryptocurrency.
Those who were not able to get in prior to 2017.
The market encourages more user participation through the low price of digital assets.

[talkbitcoin]

Prior to 2018 , the prices of most coins are very high and so not affordable .

in cryptocurrencies you do NOT have to buy 1 whole coin so your statement makes absolutely NO SENSE. you can always buy a portion of bitcoin for example 0.0001BTC which is worth so little even if price was $50000

Which I believe could have discouraged potential investors from investing into cryptosphere.

no, it would only discourage newbies who don't understand how things work and that is a very good thing.

Now that the market is bearish which has seen the price of  most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.

your mistake is that you think when price of altcoins dropped they became good investments just because of the drop. but the reality is that the higher price for 90% of the altcoins was 100% fake and it needed to get dumped to reach a more realistic price. which means even with the current dumps most of them are still overvalued.

So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

it is a blessing but only because it eliminated a lot of fake prices and also killed a lot of shitcoins and ICOs which were damaging the health of the whole market.

[joniboini]

The market encourages more user participation through the low price of digital assets.

Not entirely true. This bearmarket also cause panic and disbelieve among traders, 'investor' or 'potential investors' in crypto space. It's just a market cycle as usual, bull & bear market, hype and panic.

I personally become more active and trying to spot every potential coin/token that can give good returns in the next few years according to my analysis. I believe the next wave of bull run will come and I don't want to be late for the party.

[alisafidel58]

Prior to 2018 , the prices of most coins are very high and so not affordable .

Well you can buy a chip of a whole coin that you can only afford. You don't have a buy a whole e.g 1BTC, you can buy $100 BTC so on and so forth.

Which I believe could have discouraged potential investors from investing into cryptosphere.

Even though the price of a whole coin was high still many investors bought cryptocurrency at a margin of $100 to $1,000 which they can only afford.

Now that the market is bearish which has seen the price of  most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.

That's true I knew some people who manage to invest now rather than investing back at the end of 2017 and early 2018.

[quote author=Annalise24 link=topic=5123808.msg50277979#msg50277979 date=1553325702
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?
[/quote]

Somehow it creates an impression to an investor to buy cryptocurrency and look for profit in the near future.

[ajqjjj]

The bearish market price of cryptocurrency today is a mechanism that is been driven by blockchain technology to bring everybody on the network because if the price stay high many will not be able to buy but at a low price so many people are able to buy bitcoin compared to late 2017.

Actual scenario of market is dip but still we don't have enough investors. So If you analyse properly panic investors are available in the market because once market will pump continuous circulation will reach in every day and once market will down continuous panic sellers are increase in the market so Big whales are controlling the market because they only decide the every day market.

[kkaroul4]

Prior to 2018 , the prices of most coins are very high and so not affordable .

in cryptocurrencies you do NOT have to buy 1 whole coin so your statement makes absolutely NO SENSE. you can always buy a portion of bitcoin for example 0.0001BTC which is worth so little even if price was $50000

Which I believe could have discouraged potential investors from investing into cryptosphere.

no, it would only discourage newbies who don't understand how things work and that is a very good thing.

Now that the market is bearish which has seen the price of  most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.

your mistake is that you think when price of altcoins dropped they became good investments just because of the drop. but the reality is that the higher price for 90% of the altcoins was 100% fake and it needed to get dumped to reach a more realistic price. which means even with the current dumps most of them are still overvalued.

So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

it is a blessing but only because it eliminated a lot of fake prices and also killed a lot of shitcoins and ICOs which were damaging the health of the whole market.

to kill shitcoins and ICO is not because of market conditions but the number of ICO projects and new coins that are deceptive, so now the market will improve from last year

[Bitinity]

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of  most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

The current bearish market condition or any other conditions may bring two possibilities for those who wanted to invest years ago. They may think that the current price is affordable so they can do it now but vice versa, they may think the opposite because they are worrying to invest now because of the bearish condition. So it depends on themselves, if they see and believe in bitcoin then they will invest now. Otherwise, they will keep on thinking whether to invest now or later.

[mangsitin]

Yes, I am very sure that at this time Crypto prices are very cheap, and for new Investors it is highly recommended to buy at current prices. Because the downturn is very sharp, we know 2017 prices reach $ 20,000, and currently only $ 3800.

[sheenshane]

It depends. Some people see the bearish market negatively. Some investors are more scared because they see the cryptosphere/crypto industry's market is going down and they were actually expecting it before.

Some investors especially normal people think like this:

If a scheme goes down, it means it would possibly go down more.
Most of the investors are looking for a rising scheme where they will be able to pioneer with. We have to expect investors if the market is starting to rise again.

[traderethereum]

I think so, and the bearish market provides an opportunity for new people who want to enter the cryptocurrency and this time, they have a great chance to buy lots of coins at discounted prices. But I'm afraid there aren't many people who buy coins because many people were trapped at higher prices and they suggested new people to be careful about buying coins.

[palle11]

I will go in the area of advising. Yes for sure prices are down but doesn't mean that every coin will make it back up when the bull come back. Investing now should mean we are careful not to buy dry bones that can't rise again.

I detest wasting my money on shit coins because certain coins have gone the journey of no return. Buying coins that won't give you profit but just to occupy space in your blockfolio is not reasonable. Do a proper research.

[btc_angela]

I wouldn't say that it is exactly a blessing, but we should take every opportunity to buy cheap coins and that opportunity is right on the plate right now so we should take advantage of it. And wait till the next bull run to happen maybe in the next year or so and then offload or book our profits.

[creeps]

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of  most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

Ever since cryptocurrency is a blessing to me whether its expensive or not, for me this bear market is a good time for us to invest more. Its a blessing in disguise, some already lose big money but it is still good to buy a coin like bitcoin at a cheaper price so look this trend positively, adoption are still not guaranteed because of a cheaper price time can only tell.

[buwaytress]

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of  most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

It's always a bit weird for me to consider when people talk about high coin prices when Bitcoin can be bought in fractions many times lower than a (US) cent. It's never mattered at which price, you buy what you can. At a theoretical $1 million BTC (which has been theorised by several hyperBitcoinists, least of them the infamous McAfee) would mean most people couldn't afford 1 entire Bitcoin anyway.

So it's not a question of affordable. It's a question of your profit margin and how much you're willing to risk and invest.

[BrewMaster]

Thinking out from the box, I think you are right.
The beariish market condition made it possible for some potential investors to buy into Cryptocurrency.
Those who were not able to get in prior to 2017.
The market encourages more user participation through the low price of digital assets.

sorry to say this but that is the dumbest statement that i have read in a long time.
first of all the "affordable" part which OP and you in form of "made possible" are saying doesn't make any sense. as others already mentioned 10 times, you can buy a fraction of each coin!

second of all, no investor with half a brain would invest during a bear market. if you google the meaning of a "bear market" you can see that the meaning is a market where you are encouraged to sell instead of buy! and that makes sense, you never catch a falling knife.

and finally you are missing the fact that it was a massive dump. so to any investor again with half a brain they see assets that have no real value in the real world (like ICO tokens) which rose up in a suspicious way then dropped 95% which means they lost almost all their price. that does NOT look good to anybody. so you can't really say investors are investing now!

if you look at the volume and the history you can see that investors always invest during the PUMPS where all the altcoins are already rising to the moon thanks to their pumps.

[Reid]

That will just equal the number to buy.
If you know that it is at all time low then where else you should go?

The prices change a lot of time so why not make a use of it.
Take the profits whever you can. Do not be attached by it.

[r1s2g3]

Yes, I am very sure that at this time Crypto prices are very cheap, and for new Investors it is highly recommended to buy at current prices. Because the downturn is very sharp, we know 2017 prices reach $ 20,000, and currently only $ 3800.

You need to be updated buddy. Price crossed $4000 a  week ago.
I think that current price is a good entry point.

[leonair]

You can buy a 16 inch pizza and eat it for yourself, luckily there are some smart businessmen who offer to sell a a fraction/slice of it then it's up to you if what you 'choose' and so the logic is the same with Bitcoin.

It's not compulsory that you must buy 1 Bitcoin and so as other cryptocurrency, That's why you have a 'choice'