Who saw the Bear market coming?

[ajochems]

Tried to tell my friends back in the summer that $60k+ was a good time to sell because bear market was incoming.

No one listened. They all were hypnotized by the YouTubers shilling alt coins and thought another 10x was around the corner.

Now, 6 months later they are all talking about the crash incoming.

N00bs....

The bear market all over here.The price of bitcoin was keep reduced and made many investors sad.Only the person with sound trading knowledge will sustain market.Ohers will fly from trading with loss.Once you got good knowledge on trading,you can try the binance future trading.You can earn decent money from investments,if you play it wisely.

[Reatim]

Tried to tell my friends back in the summer that $60k+ was a good time to sell because bear market was incoming.

No one listened. They all were hypnotized by the YouTubers shilling alt coins and thought another 10x was around the corner.

Now, 6 months later they are all talking about the crash incoming.

N00bs....

The bear market all over here.The price of bitcoin was keep reduced and made many investors sad.

true investors will never feel sad when market is going up and down because they already know this from the beginning they invest in crypto.

the one who will be sad are those who are seeking for easy money.

Only the person with sound trading knowledge will sustain market.Ohers will fly from trading with loss.Once you got good knowledge on trading,you can try the binance future trading.You can earn decent money from investments,if you play it wisely.

Best still is to Hold and keep the crypto in our possession , that will keep us safe for long term investing .

[michellee]

Tried to tell my friends back in the summer that $60k+ was a good time to sell because bear market was incoming.

No one listened. They all were hypnotized by the YouTubers shilling alt coins and thought another 10x was around the corner.

Now, 6 months later they are all talking about the crash incoming.

N00bs....

The bear market all over here.The price of bitcoin was keep reduced and made many investors sad.Only the person with sound trading knowledge will sustain market.Ohers will fly from trading with loss.Once you got good knowledge on trading,you can try the binance future trading.You can earn decent money from investments,if you play it wisely.

A wise investor will not sad instead, make a decision to buy more bitcoin at this current price to accumulate more bitcoin. They know this is a good time to do something related to what is happening in the market. Maybe they do not just buy bitcoin but they also buy many potential altcoins that can increase later. But for some traders, it is hard for them to analyze the coins to enter the market because the market has become more unpredictable.

[pooya87]

Apart from the obvious fact pointed out by @mk4 that you are taking credit for something after the fact, I'd argue that we can't even call this a "bear market" because in bitcoin world, bear markets are usually a longer down trend whereas what we have here is the sum of exactly 2 big drops that didn't take more than a couple of hours. The reason for those drops are also drama and FUD that involved China, Kazakhstan and US.

Last time we had similar drama which involved China (and India IIRC) we had a similar drop and interestingly enough you were calling that a bear market too right before price went up to rise 3x setting a new ATH.

[adaseb]

On Oct 28,2021 i made this topic,

https://bitcointalk.org/index.php?topic=5368047

The title was "Getting Early 2018 top vibes"

I basically listed 10 different reasons why there is a good chance we are going to top soon. Such as meme coins pumping, uber driver trading crypto, Jason Bourne doing crypto.com commercials, people quitting their careers to trade crypto full time, etc.

Nobody believed me. People were saying thats its not topping yet, it will top in 2023, etc, etc.

[bitterguy28]

Tried to tell my friends back in the summer that $60k+ was a good time to sell because bear market was incoming.

No one listened. They all were hypnotized by the YouTubers shilling alt coins and thought another 10x was around the corner.

Now, 6 months later they are all talking about the crash incoming.

N00bs....

The bear market all over here.The price of bitcoin was keep reduced and made many investors sad.Only the person with sound trading knowledge will sustain market.Ohers will fly from trading with loss.Once you got good knowledge on trading,you can try the binance future trading.You can earn decent money from investments,if you play it wisely.

A wise investor will not sad instead, make a decision to buy more bitcoin at this current price to accumulate more bitcoin. They know this is a good time to do something related to what is happening in the market. Maybe they do not just buy bitcoin but they also buy many potential altcoins that can increase later. But for some traders, it is hard for them to analyze the coins to enter the market because the market has become more unpredictable.

you are getting off topic here guys , the question if who saw the bear market coming and not the advantage to buy now and what is the feeling of the investors.
but lets take it a fact that we are In bear now(things that i already foreseen since 4th quarter of 2021) why feel sad when this is an opportunity?
and besides we are the one who chooses what and how to invest and if you think the value is lowering then sell yours and let us buy more.

[Chato1977]

Tried to tell my friends back in the summer that $60k+ was a good time to sell because bear market was incoming.

No one listened. They all were hypnotized by the YouTubers shilling alt coins and thought another 10x was around the corner.

Now, 6 months later they are all talking about the crash incoming.

N00bs....

or Maybe they are here to Hold? that's why they did not really consider selling because they can afford to keep holding for long term?

like what the early adopters did , maybe your friends are willing to be holder than selling in ATH 

but the sad part is they may have doubled their funds now if they did sell in 60k plus and will buy again if time comes price drops down to 30k.

[BitcoinBarrel]

Tried to tell my friends back in the summer that $60k+ was a good time to sell because bear market was incoming.

No one listened. They all were hypnotized by the YouTubers shilling alt coins and thought another 10x was around the corner.

Now, 6 months later they are all talking about the crash incoming.

N00bs....

or Maybe they are here to Hold? that's why they did not really consider selling because they can afford to keep holding for long term?

like what the early adopters did , maybe your friends are willing to be holder than selling in ATH 

but the sad part is they may have doubled their funds now if they did sell in 60k plus and will buy again if time comes price drops down to 30k.

That's just it, everyone is a HODLr until they realize they could've bought a house.

Don't get me wrong, I'm HODLing crypto, but I try to keep 50/50 crypto and fiat or other liquid capital to offset market fluctuations. My friends that have Crypto Fever are 100% all in, and in for a surprise.

If I have too much crypto and the price is high I sell. If I have too much cash and the price is low I will buy crypto. 

Best long-term strategy IMO.

[wajik-tempe]

I didn't see the bear market is coming, but i waited for it..
Because i really know we have reached 2 times all time high last year and i'm sure something bad will happen to make the market balance and healthy, i prepared for worst condition before the first crash at the mid december and looking forward right now for a chance to enter market again.

[tokeweed]

On Oct 28,2021 i made this topic,

https://bitcointalk.org/index.php?topic=5368047

The title was "Getting Early 2018 top vibes"

I basically listed 10 different reasons why there is a good chance we are going to top soon. Such as meme coins pumping, uber driver trading crypto, Jason Bourne doing crypto.com commercials, people quitting their careers to trade crypto full time, etc.

Nobody believed me. People were saying thats its not topping yet, it will top in 2023, etc, etc.

That’s the thing around these parts.  You say what you think and if they don’t like it, the whole lot of them moonbois go on a barrage of posts saying how you’re wrong or you’re just a bear without even trying to think about what you’re trying to say or even look at the chart you just showed...  It’s like ‘I’m right you’re wrong and that’s that.’.

How are we supposed to learn from each other if that’s usually the case? 

Anyway, about your thread, wait for the bounce.  It could be the end but then again who knows...  Already made a couple of posts about it so I won’t post it again here.

[EdenHazard]

Apart from the obvious fact pointed out by @mk4 that you are taking credit for something after the fact, I'd argue that we can't even call this a "bear market" because in bitcoin world, bear markets are usually a longer down trend whereas what we have here is the sum of exactly 2 big drops that didn't take more than a couple of hours. The reason for those drops are also drama and FUD that involved China, Kazakhstan and US.

Last time we had similar drama which involved China (and India IIRC) we had a similar drop and interestingly enough you were calling that a bear market too right before price went up to rise 3x setting a new ATH.

Well i think everyone have their own claim about being correctly predicted the bitcoin price but not really sure to post it to leave a proof , could be a coincidence though and probably this is what most people claimed being 'told ya the price went down now ... told ya the price hitting ATH now ... just like what i said long long time ago'

everyone has it , a proud moment and should we give a standing ovation?

[BitcoinBarrel]

IDK at this point, seems to be holding pretty strong at $40K.

Maybe the days of 80% corrections after ATHs are over?

I'm still bearish personally, but it has been a great your for Crypto in general. We'll see.

[kotajikikox]

Tried to tell my friends back in the summer that $60k+ was a good time to sell because bear market was incoming.

No one listened. They all were hypnotized by the YouTubers shilling alt coins and thought another 10x was around the corner.

Now, 6 months later they are all talking about the crash incoming.

N00bs....

This is a common way how others threat crypto , they are looking for this as will make them rich in a short time so yes they are noob and not just that but stupid as well.

Not unless they wanted to Keep Holding then it is a different idea but they wanted to earn much but know nothing in this market?

sorry to hear that from you and your friends but of course it is their mistakes and not yours.

[slaman29]

IDK at this point, seems to be holding pretty strong at $40K.

Maybe the days of 80% corrections after ATHs are over?

I'm still bearish personally, but it has been a great your for Crypto in general. We'll see.

Last ATH was barely 2 months ago and you think the bear, if this is a bear, is already finished? In the last cycle, ATH happened and then it took over 2 years for the super low price to come around.

Maybe we can say 80% corrections are gone when we are in 2024 and price is very far away from 14k but it's way too soon to say anything right now.

[tokeweed]

IDK at this point, seems to be holding pretty strong at $40K.

Maybe the days of 80% corrections after ATHs are over?

I'm still bearish personally, but it has been a great your for Crypto in general. We'll see.

But I’m kinda getting some 2018 feelz right now when everybody keeps yapping around telling everybody to ‘buy the dip’ but what they’re really doing is market selling right after.    But yeah, it’s either that or they’re holding and sweating, esp the guys who have bigs bag of coins in the red.

And here’s another thing, there’s prolly guys in here who bought their coins below 10k who are telling everybody else to buy their coins at 60k, 50k and soon to be 40k.

[Beparanf]

IDK at this point, seems to be holding pretty strong at $40K.

Maybe the days of 80% corrections after ATHs are over?

I'm still bearish personally, but it has been a great your for Crypto in general. We'll see.

There's already institutional investors that holds the majority of supply which keeps the price don't dip below 40K since thats the buying price of most of them. I believe 80% correction is still possible once they decided to give up there position and take profit which will not happened right now since most there holdings needs approval or reach a certain amount of profit and maturity for it to be liquidate.

[wxa7115]

Probably create such a topic next time before the drop actually happened, not after. So you just wouldn't look like some Mr. hindsight who wants to look smart in an internet forum and calling people noobs.

Lol. And apart from that, we have no way of checking whether he did indeed tell his friends that. But I say more: even if he had posted such a bearish post on bitcointalk around that time, that wouldn't prove anything either. There are so many people making price predictions that by sheer statistical variability some of them end up being right, and not because they have divinatory powers or great predictive ability.

True, the only way to prove their ability to predict the movements of the market is that they had a long record of their own predictions with a timestamp that could prove the predictions were made before the events happened and that they had an accuracy rate that could only be explained away by them being incredibly lucky or just being a very good trader.

Otherwise most correct predictions about what will happen in the market can be discounted as noting more but statistical noise.

[adaseb]

Right now I think we might have a relief rally because if you look at the funding rates they are more negative than before. When we were dipping from $69K all the way to $40K the funding was positive. Meaning that people were buying the dip on leverage, something you don’t want to see.

Now we bounced from the $40K lows and people are starting to short Bitcoin on leverage. Usually when this happens it indicates that. $39K might of been the low. This happened in the past when we were at $40K before and prior to that when we were at $30K.

In other words, it seems bullish at least for now.

[bittraffic]

Right now I think we might have a relief rally because if you look at the funding rates they are more negative than before. When we were dipping from $69K all the way to $40K the funding was positive. Meaning that people were buying the dip on leverage, something you don’t want to see.

Now we bounced from the $40K lows and people are starting to short Bitcoin on leverage. Usually when this happens it indicates that. $39K might of been the low. This happened in the past when we were at $40K before and prior to that when we were at $30K.

In other words, it seems bullish at least for now.

It's going up right now. Just last money I'm very much worried whether the price will dip down and go to a bear market like how 2018 started. I'm one of those who had not sold at $69000 but just realize when the price already dive to $52000 where I tried selling. That's a bit of a loss already but I think I got it right anyway or at least I didn't wait for my loss to get worse.

Some had already warned about $64000 to be the ATH and wait for the half-a-year correction. If this bounce will really make it to break the resistance and touches a new ATH like the $200,000, I'd really consider it to be the supercycle they are saying.

[tokeweed]

Right now I think we might have a relief rally because if you look at the funding rates they are more negative than before. When we were dipping from $69K all the way to $40K the funding was positive. Meaning that people were buying the dip on leverage, something you don’t want to see.

Now we bounced from the $40K lows and people are starting to short Bitcoin on leverage. Usually when this happens it indicates that. $39K might of been the low. This happened in the past when we were at $40K before and prior to that when we were at $30K.

In other words, it seems bullish at least for now.

You were right, it did go up but as soon as the price hit 43.5k, there was a massive sell down.  And it looks like with the way things are going right now, I think most bounces have been used to sell down and prolly by huge players.  I mean who does that?  Pretty sure it’s not retail investors.  Lol. 

Anyway, let’s see if BTC forms a nice long bottom wick in a couple of days are if it’s another S/R flip.  Hopefully the former.  Lol.  But yeah..  That’s just me coping.  There has been lots of cope going around lately.