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Author Topic: Be prepared  (Read 1095 times)
Psynthax
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February 23, 2022, 11:10:59 AM
 #41

No one say if crypto immune from the bearish market. that's a part of volatility and i guess even when you didn't warn people and im sure that so many people aware if we are in the bearish market. The volatility is about how the crypto market will be pumped and then dumped. Going to the moon didn't mean if the bullish trend will be last forever. People know that bear market can't be stopped but the fact this can be stopped. If the bear market can't be stopped and crypto will be going to the zero value. The bearish market may not end soon but as the trader in the crypto market and people can do nothing. Even the whales have no power to control the market that was falling in extreme fear.
I think that people know this so well.

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Godwinpaul
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February 23, 2022, 11:43:38 AM
 #42

The cryptocurrency market reward those who are not only diligent but are also good at taking advantage of the opportunities in the market by preparing ahead. It may be difficult to gain the skill of prediction as one may have to predict the outcome of the market forces to benefit from the volatile nature of the industry.
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February 23, 2022, 06:08:59 PM
 #43

The cryptocurrency market reward those who are not only diligent but are also good at taking advantage of the opportunities in the market by preparing ahead. It may be difficult to gain the skill of prediction as one may have to predict the outcome of the market forces to benefit from the volatile nature of the industry.
It will be difficult to master prediction skills, even for a top trader, because the market is unpredictable where it will go. Even if you predict the price will touch one price point, it can go beyond that price point because the market is always spinning without us knowing where it is going. But by learning to analyze, we can figure out the direction a little so that we can place buy or sell orders depending on the direction of the market.

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Wildwest
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February 23, 2022, 07:12:05 PM
 #44

No one can predict the future of crypto because everything is always beyond our thinking, so in the current state of the market we must be really ready to hold any coin and never panic to avoid big losses, In this case we certainly have their own plans in investing and this is what we must rely on so as not to be affected by others, With the current state of the market we should also be able to benefit.

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kentrolla
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February 23, 2022, 07:27:50 PM
 #45

First of all most of us here are aware that crypto market is highly volatile and things can change really quick and neither bull nor near are permanent, I would have appreciated you if you would have suggested some solution or precautionary measure instead of making a post about something which is nature of market.

I would say we should be cautious with our invetsment and should not experiment with altcoins without proper research and also should use stop loss or OCO functionality without fail for all the trades.









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Jating
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February 23, 2022, 07:36:52 PM
 #46

The cryptocurrency market reward those who are not only diligent but are also good at taking advantage of the opportunities in the market by preparing ahead. It may be difficult to gain the skill of prediction as one may have to predict the outcome of the market forces to benefit from the volatile nature of the industry.
It will be difficult to master prediction skills, even for a top trader, because the market is unpredictable where it will go. Even if you predict the price will touch one price point, it can go beyond that price point because the market is always spinning without us knowing where it is going. But by learning to analyze, we can figure out the direction a little so that we can place buy or sell orders depending on the direction of the market.

Yup, no exact science here, TA can only help us to a certain extend, but sometimes it will also fail us. Others uses hunch, wild educated guess and it's a gamble so they can win or lose in a blink of an eye.

That's why we really need to be smart here, if we can used logical thinking then good and not let our emotions take over. Education is the key to become a smart investor and be successful in this crypto market.
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February 23, 2022, 08:34:44 PM
 #47

First of all most of us here are aware that crypto market is highly volatile and things can change really quick and neither bull nor near are permanent, I would have appreciated you if you would have suggested some solution or precautionary measure instead of making a post about something which is nature of market.

I would say we should be cautious with our invetsment and should not experiment with altcoins without proper research and also should use stop loss or OCO functionality without fail for all the trades.
I think these are the things we needed in anticipating the market volatility.
*invest the right coins
*keep our mindset positive
*patience

It is all about how we manage our investment like how we manage ourselves in times of difficulties. Though that was hard but NO. Preparation is always important as whether we like it or not, things like this (drops) is existing.

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Kasabus
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February 24, 2022, 03:44:29 AM
 #48

First of all most of us here are aware that crypto market is highly volatile and things can change really quick and neither bull nor near are permanent, I would have appreciated you if you would have suggested some solution or precautionary measure instead of making a post about something which is nature of market.

I would say we should be cautious with our invetsment and should not experiment with altcoins without proper research and also should use stop loss or OCO functionality without fail for all the trades.
I think these are the things we needed in anticipating the market volatility.
*invest the right coins
*keep our mindset positive
*patience

It is all about how we manage our investment like how we manage ourselves in times of difficulties. Though that was hard but NO. Preparation is always important as whether we like it or not, things like this (drops) is existing.
The bear season is part of the market cycle so there is no way we can avoid this, but to face it with optimism and confidence that there is more in a bear market than to fear it like it will cause a lot of losses to an investor. In fact, it opens opportunities to buy low value cryptos but since its hard to know if its the cheapest price, so investors most likely to gamble buying cheap coins even if there are no assurance if they will recover or not. But if you come to invest in bitcoin and its established altcoins, and hold them after, then losing is not possible, unless you sell them lower than the prices you bought.

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lienfaye
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February 24, 2022, 04:20:56 AM
 #49

No matter how high crypto coins go bear market is unavoidable it's just the way the market survives, many people are brainwashed with present market condition that they already forget what bear market is, no amount of money can stop bear market from happening, don't say I don't warn you be prepared.
Thats the nature of crypto, we cant expect the market to move steadily because its high volatile. Investors should know about this before engaging themselves because bear market is not unusual. Its inevitable since we cant expect the price of our coins to only move upward consistently, bearish season is part of it.

Well its not that bad because its a chance again to fill our bags while the price of most coins are cheaper. Hence it depends how you deal with it so if you have a weak hands then its likely for you to panic and sell at loss.

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February 24, 2022, 08:50:40 AM
 #50

No matter how high crypto coins go bear market is unavoidable it's just the way the market survives, many people are brainwashed with present market condition that they already forget what bear market is, no amount of money can stop bear market from happening, don't say I don't warn you be prepared.
Thats the nature of crypto, we cant expect the market to move steadily because its high volatile. Investors should know about this before engaging themselves because bear market is not unusual. Its inevitable since we cant expect the price of our coins to only move upward consistently, bearish season is part of it.

Well its not that bad because its a chance again to fill our bags while the price of most coins are cheaper. Hence it depends how you deal with it so if you have a weak hands then its likely for you to panic and sell at loss.
Weak hands do often lose in times of bear market as they have less control over their emotions, and when they see their investments start to subside, they eventually decide to sell off. That's when losses start to happen. But if you have been in this market for long, this bear market has never been that pessimistic to look. It even open us doors to re enter the market and start to fill our bags with potential coins that have cheaper value. Maybe most of the investors have developed a negative mindset in times of bear season because its the time where all the crypto prices are declining, but after some time, the coins eventually move up again leading to a start of another bull ride again.
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February 24, 2022, 09:31:40 AM
 #51

As we know bearish and bullish market conditions are a part crypto currency market cycle. It can't be control or stop. those who have faced this kind of market conditions in the past and learned lessons they will definitely prepared and have strategies to face it. Those who are new must have patience, falling in panic could end up with loss.
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February 24, 2022, 09:44:00 AM
 #52

No matter how high crypto coins go bear market is unavoidable it's just the way the market survives, many people are brainwashed with present market condition that they already forget what bear market is, no amount of money can stop bear market from happening, don't say I don't warn you be prepared.
Looks like there are so many panic sellers right now and I think you want to say that the dip is a great opportunity to have some more holdings such us altcoins or bitcoins etc.,but we cannot blame them for the market is down so quick this time, panic sellers always loss because they sell at loss.

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February 24, 2022, 10:44:10 AM
 #53

Yup, no exact science here, TA can only help us to a certain extend, but sometimes it will also fail us. Others uses hunch, wild educated guess and it's a gamble so they can win or lose in a blink of an eye.

That's why we really need to be smart here, if we can used logical thinking then good and not let our emotions take over. Education is the key to become a smart investor and be successful in this crypto market.
At least, by using the analysis we can, we can get information about when we can trade and buy at the price we want. Maybe it won't work very well, but I think we can get something valuable later by continuing to learn to use the technique.

Yes, we need to be smart in analyzing the situation in the market so that we can get additional information that may be useful for us. Preparing ourselves through studying harder will really help us survive in every situation.

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kojektea
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February 24, 2022, 11:13:31 AM
 #54

Usually this happens with people who are new to cryptocurrencies, because they only know that they will soon get rich in cryptocurrencies but the real situation is different because they face a bear market and lose their assets. However, I'm sure experienced old traders won't get caught up so easily.
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February 24, 2022, 11:29:22 AM
 #55

No matter how red the market is, I also can guarantee you that money will be made in cryptocurrency market. In actual fact, the best performing coin of the future usually start development during bear market and with defi and other new idea in cryptocurrency, bear market is good market as well! It is now depend on your skill and the knowledge you have in making profit during bear market!

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Maestro75
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February 24, 2022, 11:38:00 AM
 #56

, don't say I don't warn you be prepared.

Your warning is coming late. It sounds like general warning which online smart kids do with crypto trading. You ought to have issued it weeks ago to get buyers prepared for it. Alot of buyers are caught up with the bear market and no thanks to you if you are looking to take credit for the bear we have now. Okay, can we also count on you to tell us at what price level we have to expect the market to hit bottom and start going up back?
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February 24, 2022, 12:00:17 PM
 #57

As we know bearish and bullish market conditions are a part crypto currency market cycle. It can't be control or stop. those who have faced this kind of market conditions in the past and learned lessons they will definitely prepared and have strategies to face it. Those who are new must have patience, falling in panic could end up with loss.
Infact experienced traders make profits irrespective of the market situation whether bearish or bullish, while utilizing Stop Loss to minimize their risk in an event of massive dumping, however newbies who enter the market blindly often regret their actions probably after buying at the peak without studying the market conditions thus ended up losing huge amount of their investment by panick selling or dumping their coins in a bid to minimize losses incurred, this is not advisable because the bearish runs won't continue for long, there is definitely going to be market price turnaround.

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February 24, 2022, 12:18:43 PM
 #58

As we know bearish and bullish market conditions are a part crypto currency market cycle. It can't be control or stop. those who have faced this kind of market conditions in the past and learned lessons they will definitely prepared and have strategies to face it. Those who are new must have patience, falling in panic could end up with loss.
Infact experienced traders make profits irrespective of the market situation whether bearish or bullish, while utilizing Stop Loss to minimize their risk in an event of massive dumping, however newbies who enter the market blindly often regret their actions probably after buying at the peak without studying the market conditions thus ended up losing huge amount of their investment by panick selling or dumping their coins in a bid to minimize losses incurred, this is not advisable because the bearish runs won't continue for long, there is definitely going to be market price turnaround.
Ohh, people who are too emotional will lose their confidence in holding as it replaces with worries. As the moment that they will see the price drops, the only thing in their mind is to sell, not to buy. But it was a different view for real investors, they instead take this opportunity to buy and hold their coins.

I'm not sure how awareness is vital but for us who come investing crypto are already know of the situation and we probably have the plan of what we gonna do in this situation.

R


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MadeMen
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February 24, 2022, 12:52:49 PM
 #59

One of the few downside of the cryptocurrency industry is the fact that there are seasons. To benefit from the industry, it is essential for one to prepare ahead and understand the technical requirements of each season. The duration of the seasons as well as the period of commencement are not defined and as such would require a great deal of understanding and experience.
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February 26, 2022, 10:51:27 PM
 #60

No matter how red the market is, I also can guarantee you that money will be made in cryptocurrency market. In actual fact, the best performing coin of the future usually start development during bear market and with defi and other new idea in cryptocurrency, bear market is good market as well! It is now depend on your skill and the knowledge you have in making profit during bear market!
As long as there is a strong trend then there is the possibility of making money, people forget that not only you can go long on bitcoin you can also go short if your trading strategy tells you that the price of bitcoin will go down, so it doesn't matter what market conditions we are facing there is always a way to make money with them, this doesn't necessarily mean that this is going to be easy, but as long as you have an effective trading strategy then any market conditions should be good enough for you to make profits no matter what.
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