The prevailing market condition a blessing?

[shinharu10282016]

I agree that it is quite a good indication that it is indeed in a very better condition right now.

But I believe the market also lost a lot of investors who believe they can make money out of it.

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[eaLiTy]

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?

There are several types of investors when it comes to any market, there are people who only invest when the market is rallying in a bull market and then there are investors who like to purchase when the market is down and wait for the long hold, then there are investors who like to invest in any market situation and like to take risk and then there is future market for high risk investors and it is a booming market with over a trillion dollar in investment. Adoption will happen eventually and there is no doubt regarding that.

[tomahawk9]

So can we say that the bearish market drives adoption of Cryptocurrency?

If that were the case, then the adoption rate of cryptos would've increased massively throughout 2018 and this year...But that didn't happen. Merchants and companies kept accepting cryptos as payment even though we were (or are?) in a bear market, but it wasn't because of the market conditions, it was mainly because some people are willing to embrace new technologies for their business, in this case, cryptos, regardless of their price.

[aimata27]

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?

Yes, you said it yourself. These low prices that we are encountering is a blessing for us. It is the best time to invest for the investors  so they're filling their bags as much as they can so when the time that the bulls ran again, they'll gain so much profit from it.

[lutfi-hasan]

Yes, for new investors who have a lot of money it is very good the current market conditions to start investing, because the price is very low and has the potential to go up again next year, because next year is Bitcoin Halving.

[Lanatsa]

So can we say that the bearish market drives adoption of Cryptocurrency?

If that were the case, then the adoption rate of cryptos would've increased massively throughout 2018 and this year...But that didn't happen. Merchants and companies kept accepting cryptos as payment even though we were (or are?) in a bear market, but it wasn't because of the market conditions, it was mainly because some people are willing to embrace new technologies for their business, in this case, cryptos, regardless of their price.

Technology behind is one of the main reason why people do tend to embrace crypto.Yes, inspite into their price it doesnt really matter at all. Seeing these low prices are indeed a blessing but
only on investors side but for those who are after for the tech behind then it wont really matter at all.Adoption is much preferable on gradual state rather than on high hype spikes.

[crzy]

I agree that it is quite a good indication that it is indeed in a very better condition right now.

But I believe the market also lost a lot of investors who believe they can make money out of it.

That’s because of the previous dump and i think this year will really be different. We have good times now to buy more good coins and believe in this market again, don’t hesistate to invest you still have an opportunity to recover your losses. This is the positive side of the market, rise after fall.

[bhadz]

It is a blessing for those who have been waiting for the bottom. But there's still people that aren't willing to invest at the bear markets, they are afraid that the market can do no better than it was before. For an investor, you have to be optimistic and understands the logic of the market while it's on its lowest. Though there's a possibility that it cannot rise again but in cryptocurrency and mostly for bitcoin, it's impossible to rise after all of these years that it has been there.

[justspare]

I think it's a blessing because I like to see the price become more stable, the rising is slow but stable, the rush rising is going to create major correction and that could scare away the potential investors

Lol . Have you noticed that the majority of those that comes here to complain that they bought at the peak price are newbies. They are likely to be greedy, and for sure they invested due to what their friends told them. Just like one of my friends that is always saying that Bitcoin is a way to make quick money. He deceived a lot of others and told them that price will continue to go up and that was in 2016 I guess . Now a lot of them are regretting and blaming the guy For deceiving them.

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

Maybe… majority of those you see who are complaining now are those who got into the market out of fomo and now they are regretting why they did it. So, the mistake was from them and the worst of it all is that they never cared to take action when the price was dropping from that peak price, rather they kept staring at it till it crashed over fifty percent. As for me, this is another opportunity.

[incomefromcoins]

If we are looking for long term results and long term profits entering into the crypto market at these prices will automatically put us in profit in the coming bull run

[Beerwizzard]

I would say no.
Currently the adoption is pretty bad. Even if people have a chance to buy something for BTC they still don't do it. All recent legal improvemend are coming with time, it doesn't have anything significant in common with market.

[omonuyak]

For those that have been in this market for long they can testify that the prevailing bearish trend is a great blessing because it is very important to buy into cryptocurrencies when the market is very low and sell when it is too high.  you have to invest at the right price before think of making profits.

[Aldrinx00]

Well we can always buy a portion of cryptocurrency that we want and i think this bear market is truly a blessing because we can buy more in a lower price compare to that higher price in 2017. Best thing to do now is to accumulate then just hold and wait for the bullrun.

[TheCoinGrabber]

Couldn't care less about alts. But yes, the pricing makes it more affordable to buy bitcoins. Only problem is that the lower price is also scaring away some people but then again, everything have risks. More bitcoins for believers I suppose. If you risked buying when everyone think it's sinking, you can consider it a "reward" if you were proven right.

[jrrsparkles]

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?

Not really,

We can't say that people will invest on crypto currencies when the market is bearish because their hope on the crypto is to make money so they are not going to make profits until it keeps in bearish mode so we can see more investors at the bull run when compared to bear run.

[michellee]

Well we can always buy a portion of cryptocurrency that we want and i think this bear market is truly a blessing because we can buy more in a lower price compare to that higher price in 2017. Best thing to do now is to accumulate then just hold and wait for the bullrun.

That will be a big chance for us to buy so many coins in this year, but I think the best opportunity for us to buy the coin is from the last year. I see that in the last year, the price is down too deep although now the price can increase for a small price so we could still buy at a low price. As long as we can choose the right coin, we will get a chance to make a big profit in the bull run.

[Fredomago]

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?

Not really,

We can't say that people will invest on crypto currencies when the market is bearish because their hope on the crypto is to make money so they are not going to make profits until it keeps in bearish mode so we can see more investors at the bull run when compared to bear run.

If they will not understand anything about this investment / market, then they will not take any chances to invest, the  bearish market will mostly
send them away as they don't know what they are doing, but for those who understand it's really a good options for them.

[Netnox]

This post makes no sense. How can you say that earlier they were not affordable, and now all of a sudden the situation has been reversed? All the cryptos are infinitely divisible. So the question of affordability does not arise.

[arpon11]

When bitcoin was getting pumped in 2017, many newbies were confused and many of them see bitcoin as too expensive to invest in. Some were afraid of buying a whole bitcoin at $20,000 or $17,000 and if it get dump it might affect there fund and since it is new they may lose all their investments.  However,  now bitcoin is too cheap compared to then and that is a kind of blessings to those that could not afford it last two years.  With ten thousand dollars one can easily buy 2.9 bitcoin and if you can hold it for long term that is huge money for you when bitcoin started rrecovery.

[carlfebz2]

This post makes no sense. How can you say that earlier they were not affordable, and now all of a sudden the situation has been reversed? All the cryptos are infinitely divisible. So the question of affordability does not arise.

It do still counts because if you do try to compared the price on ATH and compared to this moment the price difference is too huge and basing on average persons capacity when it comes to investment
can really possibly give out chances for them to buy cheaper or enter to these levels.