Understanding a bear market.

[Distinctin]

BTC was once 3000+ and ETH at that time was around 160$ each, if you've filled your bags at this time you are already millionaire unless you buy too little, bear market looks like a bad season to many but honestly it's the perfect sowing season

I don't think so, unless if you buy Bitcoin last 2018/2019 where the price is at below $5k that I think you will become a millionaire. But if you buy Bitcoin this time, you have to wait for another 3-4 years( maybe) when the Bullrun has come again (new ATH). We are currently at $36k plus, which seems still high if we think that we are in the bear season, and I don't think that way but looking at the situation still at a bullish season.

if you look at the current downward movement, I think it is still in a correction status, and actually now we can start buying gradually, especially at the 61% fibo, I think it is the right level to invest. but sometimes it hasn't reached that level yet the price is bullish again

We will find out soon, will it still be bullish or the bearish market had already taken over, either way, it's not a problem for me as that opens another opportunity to accumulate at the dip, you know what I'm saying.

This is just a normal market scenario, we witness a bull run then a bear market comes next, a long bear market actually.

[ilovealtcoins]

A bear market is a series of days in which price candles make a trend of decreasing highs until they can no longer fall. The bear market lasts slowly and sends traders into traps. They buy and cut losses continuously. I've been through a bear market and I know how it works.
One piece of advice for everyone is "the trends is friends" so don't try to fight the trend. Wait until everyone is out of the market and buy a lot. It was the beginning of wealth.

[lixer]

Bear market is not that bad nor can it be avoided, I see it as a way of cleaning up the space for a healthier market, an opportunity for new investors to buy at a reasonable price, anyone in crypto should always be prepared for this period and also understand it won't last forever, bull and bear both have a time frame.

It also paves way for the next bullrun to reach higher price, just imagine if those people who easily panicking still holding their btc, that kind of people are already
shaken with every market movement and a little pumping already make them willing to sell their btc holding, i personally dont see this as a big deal but
it will not make btc reach its fullest potential and probably underperforming but if all that left are diamond hands, you can see the market will moon easily seem subtle but could make big impact.

Eventually those people who panic will always end up selling, they sell at every fear they get from the drop, but the ones that keep the price high as much as current price are the people who are willing to hold and knowing what it is values a lot.

Think about still being 60k today, we would not know what the bottom is and now we know that it is 30k+ and that is a valuable information, we can use this for the future bull because we could invest accordingly, we could buy right now and hold and wait for it to go up and when it is going up we would know that it would not go down under 30k again so we can invest with ease. These are very valuable information to have, and the drop itself is bad for people who lost money and I am sorry for them but I am keeping my coins and I am not going to sell and get out, which means I am going to do even better in the future.

[zanezane]

One piece of advice for everyone is "the trends is friends" so don't try to fight the trend. Wait until everyone is out of the market and buy a lot. It was the beginning of wealth.

I agree with your advice because there was an economic concept that supports that which was called Keynesian Beauty Contest where it states that no matter what your opinion is, the general public opinion on who is more beautiful will be the one that matters the most.

[dimox]

learn a lesson, when the price down, buy as many as you can. if you doubt, just wait the moment, sometime, people will mention how far it is. so, always keep in touch with crypto news.
need to know how bear and bull market work. investor know even of its just a little, they know when the price will steady, down, or up. you can take a profit in a short, but, you need to monitoring every chart.

[LUCKMCFLY]

For me a true bearish scenario is one that comes after a Distribution stage, normally the bearish trend stage also has corrections and recoveries just as it does when the market is in a bullish trend, honestly the signs of this can be noticed in the volume, and in the amount of sales or sales wall by the whales.

That is why I personally do not believe that the bullish trend stage has yet ended in the BTC market, there is much more to do. In addition, in any market when there is a bearish trend, the news is usually very positive to encourage buyers who do not understand the market to buy, while millionaires sell high, the whales are the ones who actually decide when to enter the market  bearish trend. As soon as the bearish trend stage is present, trades usually appear in "Leveraged Shorts", that is another way to confirm such a trend.

[BuNga_cute]

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Actually, everyone does have different thoughts regarding bear markets, therefore there are always two different opinions in the current situation.
I myself prefer to say that now we have not entered a bear market, because I believe the price above $ 30k is still safe and is still said to be
a correction. Now slowly Bitcoin is starting to approach $40k price, if it manages to go above $ 40k, it means Bitcoin is back on the right track.
But if the price continues to drop below $ 30k, I believe a bear market will occur.

For me the market looks pretty bearish already, because besides the correction there is a serious and visible difficult in overcoming the 30,000$ price range. A bearish market doesn't mean prices are crashing only, but it's also an evidence of a stagnated market where the currencies don't have strength to pump, so they keep stable most of the time.
A bear market also brings a very treacherous season, as we never know when it will finish and for how long it will last. It can be weeks, months or years. The point is that when it finishes it happens suddenly. And if the investor isn't prepared holding his coins, he may lose another profit opportunity.

I admit the movement of Bitcoin is very stagnated, even now Bitcoin is still below the price of $ 40k. If you mention this condition as
a bear market, that's your right, because I think it's still not a bear market. Regardless of whether it is a bear market or not, the most
important thing now is that we are in a very crucial situation. This means that if Bitcoin fails several times to rise above the $40k price,
there is a possibility that the price will fall deeper. All we can do is be patient with holding the Bitcoin we have. Because no one knows
when Bitcoin will rise above $40k again.

[mojun7982]

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Actually, everyone does have different thoughts regarding bear markets, therefore there are always two different opinions in the current situation.
I myself prefer to say that now we have not entered a bear market, because I believe the price above $ 30k is still safe and is still said to be
a correction. Now slowly Bitcoin is starting to approach $40k price, if it manages to go above $ 40k, it means Bitcoin is back on the right track.
But if the price continues to drop below $ 30k, I believe a bear market will occur.

For me the market looks pretty bearish already, because besides the correction there is a serious and visible difficult in overcoming the 30,000$ price range. A bearish market doesn't mean prices are crashing only, but it's also an evidence of a stagnated market where the currencies don't have strength to pump, so they keep stable most of the time.
A bear market also brings a very treacherous season, as we never know when it will finish and for how long it will last. It can be weeks, months or years. The point is that when it finishes it happens suddenly. And if the investor isn't prepared holding his coins, he may lose another profit opportunity.

I admit the movement of Bitcoin is very stagnated, even now Bitcoin is still below the price of $ 40k. If you mention this condition as
a bear market, that's your right, because I think it's still not a bear market. Regardless of whether it is a bear market or not, the most
important thing now is that we are in a very crucial situation. This means that if Bitcoin fails several times to rise above the $40k price,
there is a possibility that the price will fall deeper. All we can do is be patient with holding the Bitcoin we have. Because no one knows
when Bitcoin will rise above $40k again.

If you only check short time spans you could even more often say that Bitcoin is stagnating, but if you expand the time span I can't see how Bitcoin is stagnating. It is stable right now, but not stagnating. Stagnation means no back and forth, but rather over a longer period of time. Imagine a company with one your increasing their customer base by 700%, but from May to July they don't increase their customer base. Did that company stagnate?

[ultrloa]

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Actually, everyone does have different thoughts regarding bear markets, therefore there are always two different opinions in the current situation.
I myself prefer to say that now we have not entered a bear market, because I believe the price above $ 30k is still safe and is still said to be
a correction. Now slowly Bitcoin is starting to approach $40k price, if it manages to go above $ 40k, it means Bitcoin is back on the right track.
But if the price continues to drop below $ 30k, I believe a bear market will occur.

For me the market looks pretty bearish already, because besides the correction there is a serious and visible difficult in overcoming the 30,000$ price range. A bearish market doesn't mean prices are crashing only, but it's also an evidence of a stagnated market where the currencies don't have strength to pump, so they keep stable most of the time.
A bear market also brings a very treacherous season, as we never know when it will finish and for how long it will last. It can be weeks, months or years. The point is that when it finishes it happens suddenly. And if the investor isn't prepared holding his coins, he may lose another profit opportunity.

I admit the movement of Bitcoin is very stagnated, even now Bitcoin is still below the price of $ 40k. If you mention this condition as
a bear market, that's your right, because I think it's still not a bear market. Regardless of whether it is a bear market or not, the most
important thing now is that we are in a very crucial situation. This means that if Bitcoin fails several times to rise above the $40k price,
there is a possibility that the price will fall deeper. All we can do is be patient with holding the Bitcoin we have. Because no one knows
when Bitcoin will rise above $40k again.

If you only check short time spans you could even more often say that Bitcoin is stagnating, but if you expand the time span I can't see how Bitcoin is stagnating. It is stable right now, but not stagnating. Stagnation means no back and forth, but rather over a longer period of time. Imagine a company with one your increasing their customer base by 700%, but from May to July they don't increase their customer base. Did that company stagnate?

That's good thing happens on the market since eventhough the market is heavily fud still we didn't go far the same what happen on year 2018. For this we can possibly see a major comeback to its ATH but it takes time since for now people are still in state of confusion, but I really believe that we will go thru on this situation and hypes will follow in next month or so on.

[BuNga_cute]

I admit the movement of Bitcoin is very stagnated, even now Bitcoin is still below the price of $ 40k. If you mention this condition as
a bear market, that's your right, because I think it's still not a bear market. Regardless of whether it is a bear market or not, the most
important thing now is that we are in a very crucial situation. This means that if Bitcoin fails several times to rise above the $40k price,
there is a possibility that the price will fall deeper. All we can do is be patient with holding the Bitcoin we have. Because no one knows
when Bitcoin will rise above $40k again.

If you only check short time spans you could even more often say that Bitcoin is stagnating, but if you expand the time span I can't see how Bitcoin is stagnating. It is stable right now, but not stagnating. Stagnation means no back and forth, but rather over a longer period of time. Imagine a company with one your increasing their customer base by 700%, but from May to July they don't increase their customer base. Did that company stagnate?

I've caught your point, it's best if we don't just look at a short span of time. But we have to look at Bitcoin price movements in a wide time span,
indeed if that's the way Bitcoin doesn't stagnate. But Bitcoin managed to provide a positive movement, because the increase in Bitcoin was
very drastic when compared to the previous year. Maybe now Bitcoin has not risen again to the ATH price, because most people are still waiting
for the good news. Therefore it is very important good news in a situation like now, because most people don't want to enter the market now,
because they fear the price of Bitcoin will still go down. We do have to always monitor the movement of Bitcoin, but I'm still optimistic that Bitcoin
will reach the new ATH price by the end of this year.

[buietaw]

I think bear and bull season are mixed. According to some, it is the bull season, and for others, it is the bear season. The reason for this situation is: Bull for someone entering the market in 2019, and bear for someone entering in the 2nd quarter of 2021. That's my personal view on how it's both.

[wxa7115]

We should also prepare ourselves for a long bear market because the bull this year was so strong so I also believe that we will go back from where we started, it could be deeper.

Completely disagree. This bull cycle has been the result of increased adoption. Particularly institutionally. I don't think we will see a prolonged bear market because of the success we are seeing in this bull market.

Right now a bear market is almost impossible despite the heavy correction we saw some time ago, there is almost no one willing to sell which means that 30k is the new floor for the price of bitcoin and taking into account this is 10k above the previous ATH of 2017 then this is really good news.

What am I expecting? That the activation of taproot takes place and this bring optimism to the market once again and maybe we see another massive bull run by the end of the year.

[Issa56]

From the little experience am having in Cryptocurrency the only people I know will be scared currently are the newbies which might endup getting discouraged and selling there coins at lost but if you have spent like 2-3years in Cryptocurrency I believe this bear market shouldn't be problem because you should know is just temporary which the only thing you just have to do is to hold coin and wait for your profit in the nearest future.

[livingfree]

I think bear and bull season are mixed. According to some, it is the bull season, and for others, it is the bear season. The reason for this situation is: Bull for someone entering the market in 2019, and bear for someone entering in the 2nd quarter of 2021. That's my personal view on how it's both.

Good thought.

What we've seen when it dropped is a normal correction that duly happened once the market had reached its peak. The sentiment is bearish this time but there's still a possibility that it will go up and make itself again bullish

From the little experience am having in Cryptocurrency the only people I know will be scared currently are the newbies which might endup getting discouraged and selling there coins at lost but if you have spent like 2-3years in Cryptocurrency I believe this bear market shouldn't be problem because you should know is just temporary which the only thing you just have to do is to hold coin and wait for your profit in the nearest future.

That's true, they usually going out early because they lack experience. But if they're the same newbie as 2018 and they've gained the experience for the first time, they cannot be out that early because they can stand until the market wholly recovers.

[TheUltraElite]

From the little experience am having in Cryptocurrency the only people I know will be scared currently are the newbies which might endup getting discouraged and selling there coins at lost but if you have spent like 2-3years in Cryptocurrency I believe this bear market shouldn't be problem because you should know is just temporary which the only thing you just have to do is to hold coin and wait for your profit in the nearest future.

It is a cycle of bear and bull. A trader needs to know their basics first, simply put, newbies should not try their hands at trading something like crypto when they have zero back knowledge of how a speculative market works or zero prior trading history in other markets.

For a layman, a drop is price means people are selling and that to them is a bad sign. Add to that the layman's convoluted negative image of crypto from the press and media adds in more distrust in the asset. But they were greedy because someone told them to buy bitcoin at the wrong time and now they got stuck. That is how weak hands enter the market, they dont do research or studies before putting in their money.

However the market currently is recovering between Musk's negatives and Paypal's positives. Overall trend is bearish but recovery will happen.

[Oasisman]

A bear market is a series of days in which price candles make a trend of decreasing highs until they can no longer fall. The bear market lasts slowly and sends traders into traps. They buy and cut losses continuously. I've been through a bear market and I know how it works.
One piece of advice for everyone is "the trends is friends" so don't try to fight the trend. Wait until everyone is out of the market and buy a lot. It was the beginning of wealth.

You can't say it's just a series of days of price downfall, because there are tendencies that the marker quickly recovers and stays in the current price region. Bear market usually identified in a prolonged gradual price decrease of 30% or more. 2018 was the most recent example.
Many people doesn't even considered the current price action as a bear market. Not unless Bitcoin stays at the same region or worse fall for another month or two.

Also, trends always works in the crypto space. Most especially when someone who's influential enough to hype the crypto market will enter the market. Elon was the perfect example.