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Author Topic: Bear vs Bull : The Beauty Of Cryptocurrency  (Read 858 times)
Fivestar4everMVP (OP)
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February 17, 2022, 03:50:35 PM
Last edit: December 16, 2023, 07:07:15 PM by Fivestar4everMVP
 #1

The image below have made me realize that there's actually no loss of money in crypto currencies, be it in a bull market or bear market, what we often see as a loss during bear market is actually a minds trick, and because we allow that thought dwell in our mind for too long, it then becomes our reality, remember "As a man thinketh in his mind/heart, so he is".
We are literally what our mind is.
In a bull market, your bitcoin or any other coin affords you more usd and in a bear market, your usd affords you more bitcoin or any other coin of choice, and remember that in crypto, patience is a great key to unlocking wealth, patience equals HODL.

Feel free to state your thought(s).


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February 17, 2022, 06:49:36 PM
 #2

OP, make sure to credit the source of that picture if it was lifted online so you don't get to be accused of plagiarism. Going forward, let me quickly remind us that it's not only Bitcoin one gains (as your picture implies) during bear season. We also gain other tokens. Come to think of it, not everybody fancies Bitcoin. There are crypto investors who don't even want to have anything to do with Bitcoin. I've one as a friend. Dude doesn't think Bitcoin is special. He invests in rare alts and runs nodes.

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February 17, 2022, 06:51:55 PM
 #3

If you are hodling a coin whether bitcoin or altcoins there is no actual loss or profit in bear or bull respectively but what we have in bear is reduction of the worth of the coins in dollar or USDT and if in bull the same value increase too but the important thing of note is that for hodling the amount of unit of the coin is not changing. Example if you have 10 btc, it remains 10 btc whether in bull or bear but the worth, value or price keep moving or changing.
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February 17, 2022, 07:51:15 PM
 #4

If you are hodling a coin whether bitcoin or altcoins there is no actual loss or profit in bear or bull respectively but what we have in bear is reduction of the worth of the coins in dollar or USDT and if in bull the same value increase too but the important thing of note is that for hodling the amount of unit of the coin is not changing. Example if you have 10 btc, it remains 10 btc whether in bull or bear but the worth, value or price keep moving or changing.
But hodling alone will not make you grow as an investor. You have to move your investment too like selling when there is new ATH, and buying the same potential coins when bear season or correction happens from the profits you have made from selling. Though hodling will not make you lose, but it does not hold any guarantee either that you will always make profits if you do nothing on your coins.

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February 17, 2022, 09:03:51 PM
 #5

OP, make sure to credit the source of that picture if it was lifted online so you don't get to be accused of plagiarism. Going forward, let me quickly remind us that it's not only Bitcoin one gains (as your picture implies) during bear season. We also gain other tokens. Come to think of it, not everybody fancies Bitcoin. There are crypto investors who don't even want to have anything to do with Bitcoin. I've one as a friend. Dude doesn't think Bitcoin is special. He invests in rare alts and runs nodes.
I guess we have our own preferences when it comes to investment and bitcoin is not always the first choice for some, though majority still bet on it. But as long as we are investing in crypto, there's always its bear and bull season benefits that each investor should understand so they won't up entering at the market at the wrong time. But i must say, both have a win-win scenario. However, it will add more profits if we can make a good entry and a good exit because it will determine how investors are capable of that.

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February 17, 2022, 09:21:34 PM
 #6

Bull and Bear markets are only important for speculators. Long-term investors are just quietly watching these battles in which the crowd loses money by constantly risking their money.

Over time, any experienced crypto user should learn to sell in a bull market and buy in a bear market. Many do exactly the opposite, dumping their holdings during major sell-offs and buying when the price is already high.
Beginners always have the mistake on controlling their emotions, they tend to sell more at a loss and this has been their mistakes, we can’t stop this kind of scenario because not everyone is meant to become a trader. Well, bull is good for taking profit and bear is good for accumulating, this is a great strategy especially if you are able to timing the market.
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February 17, 2022, 09:31:31 PM
 #7

In a bull market, your bitcoin or any other coin affords you more
But I wouldn't spend my bitcoin for buying alts in a bull market. I don't think that's a good decision for me and if I'm going to stack up altcoins. I'd be doing it during the bear market.

It's much better to do that on that season when the price of everything is cheap. However, there's no delay if you're going to sell at any time when your reason is that you needed money for things that you have to spend it for emergency.



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February 17, 2022, 10:45:23 PM
 #8

If you are hodling a coin whether bitcoin or altcoins there is no actual loss or profit in bear or bull respectively but what we have in bear is reduction of the worth of the coins in dollar or USDT and if in bull the same value increase too but the important thing of note is that for hodling the amount of unit of the coin is not changing. Example if you have 10 btc, it remains 10 btc whether in bull or bear but the worth, value or price keep moving or changing.
I am trying to figure out a way to understand that my btc increases in a bear market. If I have like 0.05 btc which for instance is equal to $7,000. In a bull market, the dollar may rise to $9,000. Then in a bear market, I am not sure that 0.05 btc will increase to 0.06 btc. I will need explanation from OP about this please.

R


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February 17, 2022, 11:21:15 PM
 #9

The bear market serves as the best time for more people to get hold of bitcoin or other cryptocurrency at a cheaper rate. While the bull market is a way to reward people who held through the bearish time either by hodl or buying the dip. So, the both terms helps the market and without these two phenomenon the cryptocurrency market will not circulate properly. The image is self explanatory and people should learn through such phrases that makes it easier for people to understand how the market works. 

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February 17, 2022, 11:31:32 PM
 #10

The bear market serves as the best time for more people to get hold of bitcoin or other cryptocurrency at a cheaper rate. While the bull market is a way to reward people who held through the bearish time either by hodl or buying the dip. So, the both terms helps the market and without these two phenomenon the cryptocurrency market will not circulate properly. The image is self explanatory and people should learn through such phrases that makes it easier for people to understand how the market works. 

This is the reason why many people are attracted with this market. The possibility of earning profits is always there if you know how to strategize in this market. It is on your own hands how you will take advantage of this market. But for other people who got screwed with their investments, they will spread fud and lies, and so some people are afraid to get into this market owed to this misconception from others.
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February 17, 2022, 11:32:40 PM
 #11

The image below have made me realize that there's actually no loss of money in crypto currencies, be it in a bull market or bear market, what we often see as a loss during bear market is actually a minds trick
The loss is real in crypto, we cannot generalize people's capacity in crypto business. You can claim to have no loss for the experts, but it is a usual case for newbies/beginners. In this matter, we cannot deny there are many people who lost their money in crypto investment/trading. However, it is all about "knowledge". Once you have enough knowledge and experience, you can smaller the chance for the loss since you take advantage of the bullish and bearish cycle. But for newbies, are often influenced by rumors because of having lack of knowledge and experience.

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February 17, 2022, 11:50:07 PM
 #12

...In a bull market, your bitcoin or any other coin affords you more usd and in a bear market, your usd affords you more bitcoin or any other coin of choice, and remember that in crypto, patience is a great key to unlocking wealth, patience equals HODL.

This really should be the case in an ideal scenario, but the reality for many proves the opposite. Thus, many people buy coins when their price has reached a high and, accordingly, sell them when the price has reached a low. Well, most continue to hodl until the price reaches the target.

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February 17, 2022, 11:52:19 PM
 #13

The image below have made me realize that there's actually no loss of money in crypto currencies, be it in a bull market or bear market, what we often see as a loss during bear market is actually a minds trick
The loss is real in crypto, we cannot generalize people's capacity in crypto business. You can claim to have no loss for the experts, but it is a usual case for newbies/beginners. In this matter, we cannot deny there are many people who lost their money in crypto investment/trading. However, it is all about "knowledge". Once you have enough knowledge and experience, you can smaller the chance for the loss since you take advantage of the bullish and bearish cycle. But for newbies, are often influenced by rumors because of having lack of knowledge and experience.

In crypto, there's always a bull season that is a rising market, while this bear season is shown having price decline. But if you know how to take advantage with them both, you will always win and gain profits, and losses will always be the last option. But not all investors think that. They always see the bear season as time to lose since prices are dipping when in fact, its the best opportunity to enter the market so we can prepare to make profits when bull season comes. So bulls and bears have never been in opposition, instead they always come up relevant to each other. And if we can make an edge during bear season, then most likely we' be profitable when bull run comes.

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Vaculin
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February 18, 2022, 04:57:25 AM
 #14

The bear market serves as the best time for more people to get hold of bitcoin or other cryptocurrency at a cheaper rate. While the bull market is a way to reward people who held through the bearish time either by hodl or buying the dip. So, the both terms helps the market and without these two phenomenon the cryptocurrency market will not circulate properly. The image is self explanatory and people should learn through such phrases that makes it easier for people to understand how the market works. 

This is the reason why many people are attracted with this market. The possibility of earning profits is always there if you know how to strategize in this market. It is on your own hands how you will take advantage of this market. But for other people who got screwed with their investments, they will spread fud and lies, and so some people are afraid to get into this market owed to this misconception from others.
If you come to invest in the market with lack of knowledge and determination, then you will be easily carried away by fuds and lies that have spread around. But if you have understood the market moves accordingly, then you will never fall into most of investors beliefs that bear season creates negative sentiments while bull season is the perfect time to sell since prices are increasing. With this mindset, its hard to sustain consistent profits knowing you're on the wrong path.
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February 18, 2022, 05:46:21 AM
 #15

The image below have made me realize that there's actually no loss of money in crypto currencies, be it in a bull market or bear market, what we often see as a loss during bear market is actually a minds trick
The loss is real in crypto, we cannot generalize people's capacity in crypto business. You can claim to have no loss for the experts, but it is a usual case for newbies/beginners. In this matter, we cannot deny there are many people who lost their money in crypto investment/trading. However, it is all about "knowledge". Once you have enough knowledge and experience, you can smaller the chance for the loss since you take advantage of the bullish and bearish cycle. But for newbies, are often influenced by rumors because of having lack of knowledge and experience.

Bull and bear market in crypto intended to create a win-win scenario, thus no losses but purely gains. That is, if you have the skills and strategies to use in making an edge from having both of them. But if you only consider that bull season simply makes you more profits because of increasing prices while bear season makes the prices down without making a good analysis in it, then you will never know how to make advantage of them. That is why knowledge is truly a power. And experience will also help you to understand the different market cycle.
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February 18, 2022, 09:08:37 AM
 #16

Feel free to state your thought(s).

Our mind is financially tricky, that's why everyone gets scared in a bear market and sells off everything. That being said, I used to have this question on my mind why do people always sell their bitcoins when the market is dumping? is it that they fear the bear market? but my findings help me to understand that the crypto market is more than just a regular spot trading of BTC?USD, we have margins, futures, and options, they will sell in other to mitigate their loss.
If I have the capacity to gather more wealth one day, I will be a full-time trader, both bear and bull markets should be a win-win if you know how to play around, sometimes holding and waiting for another bear market is never enough to accomplish huge profits.

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February 18, 2022, 09:26:29 AM
 #17

Bull and Bear are two sides of a coin, two sides of the market and the market can not exist without any of them.

You won't see bull market if you don't witness bear market. Without dumps, you won't see pumps. If you are in the market for long, you will witness both. You will experience from win to lose, happy to painful and many opposite experience as well as feeling.

Investment and trading are not easy but when you love it, you can not stop. I am sure if you love the market, you will have to witness both bull and bear times.
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February 18, 2022, 11:50:32 AM
 #18

What shows in the image you've shared is true, but bearish market has one certain effect on some people. Yes, you could gain more bitcoin by buying the dip, that's a advantage if you have the funds to do so, but for those who do not have, and merely making profits from trading when the market is in sideways, bearish market is not good for them. I mean, especially if they lack on trading skills, they'll be force to sell their coins in any price on bearish market because they have nothing to buy foods and pay their bills.
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February 18, 2022, 12:10:47 PM
 #19

The image below have made me realize that there's actually no loss of money in crypto currencies, be it in a bull market or bear market, what we often see as a loss during bear market is actually a minds trick, and because we allow that thought dwell in our mind for too long, it then becomes our reality, remember "As a man thinketh in his mind/heart, so he is".
We are literally what our mind is.
In a bull market, your bitcoin or any other coin affords you more usd and in a bear market, your usd affords you more bitcoin or any other coin of choice, and remember that in crypto, patience is a great key to unlocking wealth, patience equals HODL.

Feel free to state your thought(s).


It’s part of the trading game. There’s no such thing as pump or dump only. In life, there are ups and downs. Same thing goes with Bitcoin and other cryptocurrencies that are subject to market volatility. We’ve got to appreciate it. If it’s dumping, that’s a good opportunity for us to buy and accumulate more and also for those who are shorting while doing margin or futures trading.

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February 18, 2022, 12:41:48 PM
 #20

there's actually no loss of money in crypto currencies, be it in a bull market or bear market
As long as you do not sell your coins at a low price and keep your coins, you can't say a total loss because you still have the opportunity to sell the coins at the highest price later. Yes, it depends on how we respond to the bull and bear markets.

If you can take advantage of the market situation, you will be able to adapt to the situation and make a profit. Yes, patience is the key to trading and not everyone can do it.

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