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Author Topic: Be prepared  (Read 1094 times)
Silberman
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March 01, 2022, 11:10:18 PM
 #81

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.

If you mean preparing for a bear market then it is hard to pin point the exact date and time, duration and the coins that are involved. It is not something like a storm that we can see where it lands, or the gust and it's velocity. This is a crypto market here, we are talking of unpredictable moments, it's like an earthquake that strikes whenever it want to. Preparing is not seasonal in here and it should be on a daily basis, even traders out here spend their time analyzing graphs and they sleep less just to make sure to capture every inch of the details.
You are right, however even if we  do not know when the bear market will strike, how intense it will be or low long it will last we can still take measures to protect ourselves, and one of the most simple things we can do is to save some fiat so we can buy bitcoin whenever it suffers an important correction, this way we can use the dollar cost averaging strategy and reduce the average price at which we bought our coins,  and prepare ourselves for the time in which we will see yet another bull market and obtain more profits this way.
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March 01, 2022, 11:20:36 PM
 #82

If we have been here for a long time, we have realized how bear and bull markets exist.
It is about how we can manage ourselves by seeing every prospect during both bear and bull markets. Not every bear market is bad and not every bull market is good. It is a matter of what we can go in each market situation.
Preparation is not only for the bear market but also the bull market. There are complex things that we must prepare in this crypt world. Not only about the price that may go down and do rise very significantly. But also how we can utilize every chance to at least survive during the market situation.
Being too greedy when a bull market will probably be not wise for us because sometimes, we can lose our chance to take profits.
Being panicked in a bear market will not also be good for us because it will make us panic selling.
Just prepare whatever the condition of the market.

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March 02, 2022, 06:43:55 AM
 #83

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.

If you mean preparing for a bear market then it is hard to pin point the exact date and time, duration and the coins that are involved. It is not something like a storm that we can see where it lands, or the gust and it's velocity. This is a crypto market here, we are talking of unpredictable moments, it's like an earthquake that strikes whenever it want to. Preparing is not seasonal in here and it should be on a daily basis, even traders out here spend their time analyzing graphs and they sleep less just to make sure to capture every inch of the details.
That is why you should use stop loss if you want to avoid making a loss. Let's assume you bought at 38k, and now it is 44k+, you do not want to sell on a smallest drop, but you do not want to make a loss neither. So, you put it at 41k or so, that means it needs to drop 3k+ in order to reach there, not a small drop, not a big one neither, and you are still in profit.

Many people use the stop loss feature just because of things like this, in these situations it keeps you safe. I personally do not use it because I am a long term holder, I like to make as much profit as possible in plenty of years and do not care about short term losses. However, not everyone is like me. So you could use stop loss for it.

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March 02, 2022, 06:49:42 AM
 #84

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.

I don't think the bear market is that scary.
People who can wash their minds when a bear market occurs I'm sure they don't have a solid analytical basis to make a decision.
I often meet them are new traders who just want to profit immediately by buying what they think is good (without analysis first).
In the end they lose because they can't make good use of the bear market, and they are afraid to re-enter the market.
How about your preparation? Have you prepared your finances to buy cheap prices?

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March 02, 2022, 12:47:09 PM
 #85

No one is forcing you to do anything that is not in accordance with your obligations and the law. And I think it's fine no matter how difficult the market is, whether a newbie or an old hand needs to have a comfortable look at an idle investment. I personally don't need any strategy I simply believe in it, and I'm always trying to find more money-making opportunities rather than prepare for the bleak future that some envision.
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March 03, 2022, 01:40:33 PM
 #86


Investors become more experience now. But a lot of depends how useful is the project and what new it offers.
Blockchain technology can be very useful. For example it allows to safe the planet from climate change https://twitter.com/ClimeToken/status/1498942071658405888

Only investors with knowledge and who study the blockchain technology will be able to survive.
Now there are a lot of scams and it is necessary to check everything not to lose money on investments.
To do this it is necessary to have knowledge.
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March 03, 2022, 02:03:22 PM
 #87

Sorry to say but this is a painful truth, crypto space is now a place where scammers feed with ease, the more we getting closer to true adoption the more scammers are increasing in numbers day by day because more newbies are rushing in, I just hope that these newbies can actually do some research themselves because this space is far from been safe for any newbie.

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March 03, 2022, 02:16:02 PM
 #88

No one is forcing you to do anything that is not in accordance with your obligations and the law. And I think it's fine no matter how difficult the market is, whether a newbie or an old hand needs to have a comfortable look at an idle investment. I personally don't need any strategy I simply believe in it, and I'm always trying to find more money-making opportunities rather than prepare for the bleak future that some envision.
maybe you are right but in this crypto investment, you will find it hard if you are not knowledgeable enough. I know that most people come and invest in crypto without knowing the risk they'll face after. They somehow lack of ideas and strategies to grow their money and we can't be surprised that these people will often lose than make a profit. It is much more if you are not prepared for the possible dumps as surely it causes panic selling.

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March 03, 2022, 03:25:57 PM
 #89

How much preparation you are now so that the bear market has indeed happened, I'm not sure about this because after the decline a few months ago and now the value of crypto has increased again, then this is all just a prediction that can not necessarily happen in the future, and I believe at this time it is only limited to correction for all coins so do not store such a big panic, No matter what happens now, we have to be able to deal patiently.

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March 03, 2022, 03:39:15 PM
 #90

How much preparation you are now so that the bear market has indeed happened, I'm not sure about this because after the decline a few months ago and now the value of crypto has increased again, then this is all just a prediction that can not necessarily happen in the future, and I believe at this time it is only limited to correction for all coins so do not store such a big panic, No matter what happens now, we have to be able to deal patiently.
However, no one can guarantee that his predictions will be correct.
in recent times we can indeed see that crypto prices are going up again and maybe in the future it could be going down again we will not know,
better keep calm and keep up with the latest developments and news

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March 03, 2022, 04:36:33 PM
 #91

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.

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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March 04, 2022, 02:01:03 AM
 #92

Everyone who has been in the market for years know that a sudden rise of price doesn't always mean that the bull run has started. The same is true when the price drops. The current price rise is probably due to the current war that is going on.
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.
No one is brainwashed. You seem to be very disappointed by the current market condition. Don't like that the price is going up because you didn't buy during the dip? Then just don't say anything and wait for the dip again. It will happen like you said.

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terrific
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March 04, 2022, 05:37:46 AM
 #93

Everyone who has been in the market for years know that a sudden rise of price doesn't always mean that the bull run has started. The same is true when the price drops. The current price rise is probably due to the current war that is going on.
Correct. It is the usual market move that when there's a sudden price increase, we're all expecting that the bull run has started. But, it doesn't mean that it's always like that. And when there's a sudden dump and correction, it's already the bear market. There has been series of dumps and corrections during the bull run and people have been wrongly predicted that it was the bear market. And little did they know that it was just a normal correction and that time was still the bull run. As someone keeps on experiencing both bears and bulls, you'll really have that thinking that when a big price happens, you should expect that there's a bear market that's about to happen. In the end, we all have to get used to these fluctuations and this can be our foundation as we stay in the market.


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Sebas.tian
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March 04, 2022, 01:59:06 PM
 #94

Quote
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.

Am fully prepared for this bearing market because I know after the end of this month, there will be a massive pumping of altcoins for people to start recovering from their losses they experienced from last year 2021. My believe on this bear market is that, it will not last more than two weeks before it will start pumping for people to start celebrating the signs and wonders they are receiving from their long term investment. Those that sold their assets to purchased some altcoins should be calm because what people have never see in crypto  market is about to happen to those that have faith with their long term investment to see  good benefits from their investment.

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March 04, 2022, 07:08:54 PM
 #95

Do not look at people who are worrying you with the potential of the bear market. It will always happen that is true but the reality is that we are talking about never having a bull market? Of course not. It means that even though bear market is unavoidable, the bull market is unavoidable as well.

So, if you find yourself buying at the top price of a cycle, then you could always keep on buying more and more during the fall as well, meaning you will drop your average, and then when the bull market comes and you reach higher than your initial top, you will be able to sell for a greater profit.

The only thing you need to be careful about is not to spend all of your money at once. If you invest into something all at once then you will lose money when it goes down, just assume that you could make a profit later on by holding some if it in cash.

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Darktongue
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March 04, 2022, 08:42:25 PM
 #96

Do not look at people who are worrying you with the potential of the bear market. It will always happen that is true but the reality is that we are talking about never having a bull market? Of course not. It means that even though bear market is unavoidable, the bull market is unavoidable as well.

So, if you find yourself buying at the top price of a cycle, then you could always keep on buying more and more during the fall as well, meaning you will drop your average, and then when the bull market comes and you reach higher than your initial top, you will be able to sell for a greater profit.

The only thing you need to be careful about is not to spend all of your money at once. If you invest into something all at once then you will lose money when it goes down, just assume that you could make a profit later on by holding some if it in cash.
I am giving so many times from my 24 hours. I know what it looks like when you are in good profit or losing. Actually, I don't believe in other users' predictions. I think "you have to burn your things to get something", now I'm burning time. Now my advice is we shouldn't invest until we're over confident about any projects. Although we know that up curve is always bigger than an old down curve. What I'm trying to say is to be a long term investor without any experience after this year.
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March 04, 2022, 09:20:20 PM
 #97

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.

I think what is your warning here no one takes heed, they have their own understanding of how to assess current market conditions. Don't provoke the situation and scare people with bear markets. I am more optimistic that this is the best time to add to the contents of the wallet by collecting good crypto to get profits in the future
Bear market and bull market are both inevitable. They will definitely happen without us knowing. So its the best thing that we should be ready whatever the condition of the market. But in my honest opinion, there is no need to be afraid when bear market happens. Yes, it could bring us more losses but that will only happen if we sell our coins while the market value is low. Apparently, that should not be our mindset. Keep buying while there is opportunity to buy with low value coins, because once the market recovers, it will be a good time to sell already, and not to buy at peaks.
Koro-Sensei
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March 05, 2022, 05:27:50 PM
 #98

nothing to be afraid of, everything flows as usual. therefore we should not be greedy in taking profits, so that we can buy back in bear season. although it seems easy, but many people get stuck in this reversal part, so what they get is just the opposite, namely regret. actually if that happens, then we have to be patient waiting for the bull season to come back
Well the fact that Ukraine and Russia's war isn't ending soon, and the happenings are escalating faster than anticipated, there's something to be afraid of. It's better to end your position than regretting it. Selling while you're still at profit is a must even if its small.
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March 06, 2022, 01:46:01 PM
 #99

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.

I think what is your warning here no one takes heed, they have their own understanding of how to assess current market conditions. Don't provoke the situation and scare people with bear markets. I am more optimistic that this is the best time to add to the contents of the wallet by collecting good crypto to get profits in the future
Bear market and bull market are both inevitable. They will definitely happen without us knowing. So its the best thing that we should be ready whatever the condition of the market. But in my honest opinion, there is no need to be afraid when bear market happens. Yes, it could bring us more losses but that will only happen if we sell our coins while the market value is low. Apparently, that should not be our mindset. Keep buying while there is opportunity to buy with low value coins, because once the market recovers, it will be a good time to sell already, and not to buy at peaks.
The crypto market is discounting and this is the right moment for scalping, I also feel the same loss in the bear market but that doesn't stop crypto enthusiasts from continuing to adapt to the Bear market or crypto winter, we don't care as long as there is profit in crypto and know how to solve it Dump or Pump, transaction volume are just numbers but utility is more important on the crypto

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March 06, 2022, 04:23:22 PM
 #100

I see no point sweating over the market circumstances that you could never control, instead its your decision in overcoming that situation that really matters the most.
regardless of the bearish market thats gonna be occur and even if its gonna be a long one, if you could always make the right decision you would always comes out making quite the profit from your investment.
just imagine if all those panic sellers back in the days didn’t sell their cryptocurrency in the middle of the bearish market in the past, they could have made really big profit right now but instead the made the wrong decision
and decide in making their unrealized loss becomes realized loss and as a result, they missed great opportunity.

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