mindrust
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May 10, 2022, 05:15:03 PM |
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Bear market haven't even started yet, if you know how ugly a bear market gets you won't be buying altcoins right now, how many altcoins have died so far due to bear market? None right? Well let me tell you, a bear market is a death bringer for altcoins, all those meme coins and shitcoins that you are eyeing won't live to see the end of the bear market, its always so painful for altcoins to stay alive at such season.
You Ain't Seen Nothing Yet.
https://www.investopedia.com/terms/b/bearmarket.aspA bear market is when a market experiences prolonged price declines. It typically describes a condition in which securities prices fall 20% or more from recent highs amid widespread pessimism and negative investor sentiment.
We have been in a bear market since the last ATH. May it go down even lower? Sure can, but saying that we are still not in a bear market is simply wrong. What you really mean is, capitulation haven't happened yet. I believe so too. I don't think we have seen the real pain yet. See the boom&bust chart of the dotcom bubble and get an idea.
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Doell
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May 10, 2022, 06:08:19 PM |
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I get you, its just the beginning that's what I meant, in January 2018 Bitcoin was 19,000$ right? And in bear market it was back to 7,000$, who would have thought that BItcoin can go as low as 3,500$ then before the bull market came back? That's what I thought, just because BTC loses 50% already doesn't mean its done. 😏
I remember in january 2018 Bitcoin hit up to around 17K, not 19K. I also think the same thing if look at history, but history will not repeat itself in the same pattern, it will be different. But this is not the beginning of the bear market, and it has entered the middle of it I believe, to be honest I am not someone who is an expert on this but that is the truth.
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BlackBaron
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May 10, 2022, 06:14:14 PM |
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I remember in january 2018 Bitcoin hit up to around 17K, not 19K. I also think the same thing if look at history, but history will not repeat itself in the same pattern, it will be different. But this is not the beginning of the bear market, and it has entered the middle of it I believe, to be honest I am not someone who is an expert on this but that is the truth.
I agree that every movement pattern will be different every year, it will be very difficult for Bitcoin to hit the low in the bear market last 2018 but maybe $15k might be the lowest price in the next bear market but no guarantee it will be reached or even lower. I wonder that when the market is down people are too sensitive to judge the market at the lowest price.
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Samurai trieng
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May 10, 2022, 06:29:06 PM |
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indeed the crypto market is currently in a bear market where most of the coin prices have experienced a very drastic decline and this situation has persisted for several months, but I don't think this is a real bear market, because most likely the price of coins, especially the price of BTC will experience a deeper decline, maybe a real bear market is like what happened ist 2018.
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isaac_clarke22
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May 10, 2022, 06:36:47 PM |
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Shitcoin would not survive for long for sure. Bitcoin is now below 35k, but I ain't calling it yet bearish to be honest. Let's not get too exaggerated in here. Let's all just buy the dip like the good old days.
I bought some Bitcoins as of writing this.
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arifteguhr
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May 10, 2022, 06:47:57 PM |
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indeed the crypto market is currently in a bear market where most of the coin prices have experienced a very drastic decline and this situation has persisted for several months, but I don't think this is a real bear market, because most likely the price of coins, especially the price of BTC will experience a deeper decline, maybe a real bear market is like what happened ist 2018.
Maybe we are legitimate to speculate if the bear market occurred last in 2018 and what is happening now is the decline from the market crash a few months ago has reached ATH. I set a bear market as low as $25k if that happens in the future.
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jerry0
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May 10, 2022, 07:00:14 PM |
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What of these coins has went to exactly zero? Many of those altcoins i recall from a while back is low or has went to very low prices but i don't recall many going to zero.
Can you give examples of altcoins that never recovered from the bear market? Example i remember two coins called wagerr and coss which were talked about a long time ago... and even now... as low as the price is... as long as you didn't buy it at the high marks, you could probably still get those coin prices up?
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StarKay
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May 10, 2022, 07:12:38 PM |
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Ha ha, let this serve as a warning to all investors still looking to buy some small-cap gems in crypto space, the lower an altcoin market cap is the more dangerous they are to survive in a bear market, be careful where you invest your hard-earned money people, watch the market performance in bear market before picking your gems, not all your so called gems today are real gems.
Your advice is actually a very valuable one and I hope that many newbies will read it and take your advice. A bear market is an opportunity to buy coins at a lower price than you thought they should be worth and it is usually a selloff period, however dollar cost averaging DCA is usually adviced to make sure one doesn't get caught up in the middle of the bear market after investing all your funds.
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Xal0lex
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May 10, 2022, 07:14:42 PM |
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I wouldn't be so categorical about the bear market not having started, I would say it is in full swing or already started. The bear market may have started as early as last year. You probably mean the market hasn't seen a real bottom yet. Anything can happen if bitcoin goes below 30,000. The altcoin market could suffer even more, especially for new projects and those projects that were hype last year.
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Altryist
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May 10, 2022, 07:57:15 PM |
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Shitcoin would not survive for long for sure. Bitcoin is now below 35k, but I ain't calling it yet bearish to be honest. Let's not get too exaggerated in here. Let's all just buy the dip like the good old days.
I bought some Bitcoins as of writing this.
I am not hurry to buy bitcoins and altcoins yet, because I see that the market has gone down, and I assume that it may fall even much lower. Perhaps this will happen after a slight increase in the market, a kind of trap, when everyone decides that the market is recovering, then everything can collapse even lower. I expected that in May there would be a good growth of the entire market, and then it would be worth taking profits for all alts, but this did not happen and now the market will most likely continue to fall.
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makishart
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May 11, 2022, 05:01:35 AM |
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Im sure that people will confuse about that as majority of people known that bearish market was a situation when market reached the highest position and then gradually dumped back again due to the various reason like panic, fear and distrust to the market. So, just wanna know what rate you have taken it as the highest position? If you meant we are not yet in the bearish market and im sure others who have taken ATH or even monthly ATH will not agree with this. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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DanWalker
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May 11, 2022, 05:27:51 AM |
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Well for my part I'm already experienced the longest bearish season in the crypto market, it was way back in 2018 and it's not good because the price of all cryptocurrencies is dipping daily the red candle is the dominant figure on the chart that's why it is very frustrating to see your portfolios losing value from time to time and I don't know what to do, but because im afraid to further lose its value that's why I was sold it just to save some of my capital. that's my experience in the bearish season and all those shit coins have perished.
You were in the bear season that lasted in 2018, if you have held your portfolio until now, why did you decide to sell them. Can you tell me what coins you are holding? I think now instead of selling, we should continue to hold and wait for the market to recover, in the bear market there will be short-term rallies. If you want to sell, you should choose the right time. Your portfolio is topcoins I think you should hold them, not all altcoins will disappear like 2018.
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FirmWars
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May 11, 2022, 05:34:09 AM |
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I'm a little skeptical if this bear market could be in a similar situation to the last bear market. This is because corporate companies and some governments are buying bitcoin from their own bonds as the bitcoin price drops. I think this time the bear season may be a little shorter or there will not be very deep falls.
So only rich men and the government will keep holding their assets in Bitcoin and other but if there is a huge fear in the market many will surely sell and leave, this is normal, more than 60% of crypto investors are people not the government or rich men.
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Innerpumper
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May 11, 2022, 05:57:53 AM |
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There's no need to think about the bad, everything is good because if there is no bear market project waste will continue to spread and we can't buy any coins because it's too expensive. In fact, I think the existence of a bear market makes people stick to their belief that cryptocurrencies are the financial system of the future.
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asyakashi
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May 11, 2022, 06:03:59 AM |
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I think the scariest bear market has happened in 2018 and everyone hopes it will never happen again. They had to face various bad news that year, even with prices dropping every day, waiting 3 years to recover. This is how they felt during the 2018 bear market, but looking at the current development of cryptocurrencies, it seems that the 2018 bear market is indeed difficult to happen again.
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worle1bm
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May 11, 2022, 06:05:40 AM |
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The market crash has already happened this time again and we are in bearish trend i would say but the thing is we can go down from here or some recovery could be made out of it but many altcoins are not going to survive this heat blood wave of crypto crash so be sure and wise to make your portfolio so you don't loose it all going into worse stage.
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lienfaye
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May 11, 2022, 06:12:47 AM |
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Bear market haven't even started yet, if you know how ugly a bear market gets you won't be buying altcoins right now, how many altcoins have died so far due to bear market? None right? Well let me tell you, a bear market is a death bringer for altcoins, all those meme coins and shitcoins that you are eyeing won't live to see the end of the bear market, its always so painful for altcoins to stay alive at such season.
You Ain't Seen Nothing Yet.
The market is already bearish but its uncertain if the prices of the coins will continue to drop or will have a minor recovery. As per shitcoins? It has no use case so what can you expect? If you invest in meme coins or shitcoins, you should know the risk before you buy, its not sustainable for long term and likely cant survive the bearish season. Hence if you jnvest in shitcoins dont expect it will bounce back after the bear market is over.
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Henrobakkara
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May 11, 2022, 06:19:37 AM |
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Tell them! They don't know. Bear will completely annihilate those shitcoins in your wallet, they will be worth zero Dollar and never recover after the bear. I still have some shitcoins that were doing well before the last bear, after the bear, those tokens are just occupying space in my wallet without any reasonable monetary value. It's crazy.
![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I hear what you are saying but why were you hodling on to those shitcoins when the market started dipping? if ever you want to trade shitcoins, it is for the short time not for hodling cos that's what you get for hodling shitcoins for a long and besides, Bitcoin has already seen -54% from its last ATH and don't think we might go very much down again but recovery might take some time.
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Farma
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May 11, 2022, 07:15:16 AM |
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In general, people will think that a bear market arrives when prices suddenly drop drastically at the same time. it is usually referred to as a bear market, just as it is today. price declines that occurred quite deep in a short period of time. however, this can be described as a bear market. The bear market does not represent the number of dead projects, but a fairly large price drop. Moreover, the bear market affects not only shitcoin, or memecoin, but almost the entire market.
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d3nz
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May 11, 2022, 07:25:01 AM |
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The market crash has already happened this time again and we are in bearish trend i would say but the thing is we can go down from here or some recovery could be made out of it but many altcoins are not going to survive this heat blood wave of crypto crash so be sure and wise to make your portfolio so you don't loose it all going into worse stage.
Well, It looks like the market is going on a downtrend and we don't know when it will start to go uptrend again, I didn't expect that the stock market crash will have a huge impact in cryptocurrency and the best way is to be patient and wait for the right to buy-in, we don't want to catch a falling knife and suffer a big loss. It would be much better to have a trading plan, and always trade and take advantage of the feature "stop-loss".
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