Bear Market Can Be A Waste Of Time or Useful Depending on How We Approach It

[Kadal Ijo]

Of course we are really waiting for the Bull Market to come soon, this week ETH rises more than 28% and hopefully the positive trend continues, almost a year the market red and if it continues, something worse will happen that the price will continue to decline.

[Xal0lex]

A bear market is a useful opportunity where all major crypto investors are waiting for this situation. Because the professional investors buy in the bear market and sell in the bull market. They take  entry in the bear market.and getting out in a bull market. Because in a bear market,  All coins fall well below their all-time highs and then as the market recovers and the bull run takes hold, all coins can double your profit. So the bear  market proves to be very useful if you take entry in good coins at the right time.Bear market is very good chance to make profit where we should choose good and strong projects and then buy coins with small entry and buy in every dip. In this way we can take good profit from bear market.

Only on the condition that you managed to lock in the profits from the last growth. Many investors have not fixed their portfolios and now they are sitting with a big loss and no free money, because all of their liquidity is left in cryptocurrencies, they have no stablecoins or fiat. This is a common mistake many investors make, thinking the bull market will go on forever and those prices that were good to lock in profits were ignored because those investors had a feeling the coin will get even more expensive soon. Institutional investors can afford to buy during a bear market, while ordinary market participants suffer losses and don't buy anything, just wait for the past price to return.

[Japinat]

All is about our perspective and point of view. Pessimistic people will think this is the end of crypto, we should sell and leave crypto.
But the Opportunistic people will always take any opportunity even in this bear market. They buy and accumulates during this phase, and patiently wait for crypto hype again in few years later.

In this case, there are 3 options for behavior in a bear market:
you buy coins at a reduced price;
you are fixing a loss;
you continue to hold coins, waiting for the price to recover.
And only the first option is preferable in a bear market, but it is only for those who have sold their coins at a high price in a timely manner.

The 1st and 3rd option suits better, buy and hodl while the market is red. Buy coins while we can still buy them at a discounted price but the challenge is to to find and invest in the right coins because not all coins or projects especially the newer ones will survive throughout the bear period. And then hold while the storm is still going on, project and set-up some timetable to be your guide in the future.