Bear markets are for building

[AicecreaME]

I just this cute picture illustration of bull markets and bear markets on Twitter.
If you take a look, there really is a huge difference between bear markets and bull markets.

Bear markets are for building, there are a lot of innovations and projects helping the Bitcoin community especially adoption so that we can spread good words with Bitcoin and everybody can try to use it.

About the Crash, which for me is normal for every market, not only on Bitcoin or cryptocurrency market. When a crash, a lot of entities or companies are affected some of them are being rekt during the crash.

https://twitter.com/LinaSeiche/status/1545671667237650433/photo/1

This is a good illustration. Indeed bear market is good for building for most crypto users. Building portfolio is a good example for this. While the price positions are low, we must utilize it to our own advantage. This is the right time to buy the dip of those coins that show potential and proven its worth over time. Instead of being shaken with the price fluctuations during bearish market, we must take advantage of it and take it as a great opportunity to buy low then sell high.

Unfortunately, there are still a lot of people who are easily shaken with sudden drops that becomes a hinder for them to profit and build a solid portfolio. I can't really blame them though. It's still a risky move after all. You just have to know how to manage it and assess it so you won't be regretting later on.

[Issa56]

I like the picture. The crash figure should have some random people running on cercles and crying bitcoin is dead. In the next figures we should see them crying in the corner bitcoin will die with tears in their eyes.
Pathetic losers.

I think at the end we should see picture of those people crying with tears why they didn’t buy when the price was low.
Most people that panic and sell now will still regret after the market bounce back, I think most people that panic during bear market don’t understand what cryptocurrency is all about, they just believe bitcoin will continue to rise without correction, they don’t know bitcoin always give people opportunity to accumulate at cheaper price before the next move.

[Zilon]

The illustration speaks a whole lot. During bull market everything seems green and many misinterpret the moment as time to build whereas building and accumulation is a thing of the bear. Bullish season is a reward season, a compensation season as well  for patience. some times the FOMO push new investors to start building when the bulls have exhausted their grip.

Just like an african proverb says you don't search for a black goat at night. Investment is appreciated when everything seems down

[_BlackStar]

An interesting illustration, in accordance with my experience in the market for several years. It should be great if at the end it is coupled with a repeating cycle. As far as I'm familiar with Bitcoin as such is an adventurous thing, so if a bear occurs it is likely that a bull will come. It was already like a tradition that was about to happen. This is because the user's trust is still the same and hopefully it will not be lost. This trust is what makes people buy to change the market. But it's a pity that this moment I can't use it to the fullest.

We understand how the market works, but it's hard to make decisions when financial forces don't support it. We should have bought and built a portfolio when the market crashed, but either way that would be difficult given the unfavorable financial conditions. This is a problem that most people actually experience so they can't maximize opportunities when there are opportunities in front of their eyes. But while the whales did and continue to do so all the time so they will get stronger when the market recovers.

In the end, the rich will get richer and the weak will remain weak even though some of them are brave enough to take risks to their economic conditions. I remember one message, don't worry too much if you are hungry for 1 to 2 years if you want to invest because in the next 3 to 5 years there will be a chance that you will be full more than what you imagine.

[ChiBitCTy]

 I like the photo thanks for sharing. This is a good reminder for everyone and you're exactly right.  The people who don't know what they are doing are the ones who are panic selling in Bears markets.  Everyone needs to keep in mind that markets don't always just go up.  Keep stacking sats all!

[ChrisPop]

That's a really fine illustration!

Everyone is going to the feast, but few go to the funeral...or something along those lines. Remember, the ones who stand their ground and do not perish during the bear markets are the leaders of the bull market.

As OP stated bear markets are for building - that means as the price is lower more people are attracted to the asset --> at least to try the technology and not necessarily to get rich, but the latter certainly plays its role.

[AakZaki]

We understand how the market works, but it's hard to make decisions when financial forces don't support it. We should have bought and built a portfolio when the market crashed, but either way that would be difficult given the unfavorable financial conditions. This is a problem that most people actually experience so they can't maximize opportunities when there are opportunities in front of their eyes. But while the whales did and continue to do so all the time so they will get stronger when the market recovers.

In the end, the rich will get richer and the weak will remain weak even though some of them are brave enough to take risks to their economic conditions. I remember one message, don't worry too much if you are hungry for 1 to 2 years if you want to invest because in the next 3 to 5 years there will be a chance that you will be full more than what you imagine.

it is indeed difficult to build a portfolio when the market is falling. I was also constrained by the problem of financial strength that was not optimal, because once the decline was sharper, the opportunity to buy would be better, but the spare money had run out to buy some more assets. Everyone must have experienced it, stuck at a price that he thought was good, but the price continued to fall.

No matter how much money you have if you can't do management, it won't be optimal. Good financial strength is also based on good money management. the rich are getting richer and the poor are getting poorer, this is because the rich are willing to take high risks, while the poor are reluctant to take those risks.

[CryptSafe]

This illustration is quite interesting. This really shows the down play of Crypto in reality. There must be ups and downs in every circumstances but your ability to cussion the effects matters. Now talking about Crypto, as a smart investor, bear markets are normal and that is the most suitable time to buy or bag more Crypto with real use case as the case maybe. The bear markets are avenue for investment as a smart investor here you should know when and what to invest in though it is also wise that you do your due diligence before jumping into any of the project because most of them fall as the bear comes and fail to rise up again even when it is bull run. In all it pays to exercise patience with due course.

[stomachgrowls]

That's a really fine illustration!

Everyone is going to the feast, but few go to the funeral...or something along those lines. Remember, the ones who stand their ground and do not perish during the bear markets are the leaders of the bull market.

As OP stated bear markets are for building - that means as the price is lower more people are attracted to the asset --> at least to try the technology and not necessarily to get rich, but the latter certainly plays its role.

But we know that people are greedy thats why it would be always the mindset and conception of people or the main thing  that they would really be thinking on how they would make themselves to be that

easily get rich which is actually wrong.To those people who had that experience then they are the ones who would really be seeing these drops to be the best time to get deal with
but not surprising that majority of people would really be that hesitant on doing such action or step because the main thing that they do have in mind is that what if the price drops even more?

Im not perfect but it is something the main thing  that would bare in mind specially on those conditions where everything is totally not that predictable and remains very speculative and very random.
So it depends on someones perspective.

[Altryist]

it is indeed difficult to build a portfolio when the market is falling. I was also constrained by the problem of financial strength that was not optimal, because once the decline was sharper, the opportunity to buy would be better, but the spare money had run out to buy some more assets. Everyone must have experienced it, stuck at a price that he thought was good, but the price continued to fall.

No matter how much money you have if you can't do management, it won't be optimal. Good financial strength is also based on good money management. the rich are getting richer and the poor are getting poorer, this is because the rich are willing to take high risks, while the poor are reluctant to take those risks.

The poor tend to avoid responsibility, and if a person does not want to take responsibility for his life, his financial condition, then the result will be appropriate. The ability to manage your finances is financial literacy for which a person must also be responsible for himself. In any situation, you need to have reserves so that such situations do not happen, when you need money, but you just don't have it.

[Falconer]

In the end, the rich will get richer and the weak will remain weak even though some of them are brave enough to take risks to their economic conditions. I remember one message, don't worry too much if you are hungry for 1 to 2 years if you want to invest because in the next 3 to 5 years there will be a chance that you will be full more than what you imagine.

I agree with this assumption but it all depends on how they have good financial management for their investment. While people hope to buy a lot but inflation makes them surrender to fate because they also still need to eat and fulfill their daily needs. Meanwhile the rich will get richer because they have sufficient reserves to invest and they can consider the risk of price volatility in the long term because they still have enough cash to survive inflation.

Many poor people fail because they can't do much to increase their portfolio, but I believe they can also benefit if they have good financial and investment management. A little is fine, it's still better than nothing.

[BALIK]

The bear market, project developers will have more time to build their ideas and and create more mature products until the bull market kicks in.
And for investors, the bear market is a time to build a rich portfolio because it is possible to buy coins at a discount, if we want to buy low and sell high, this is an opportunity that must be used to the maximum. Don't let the bull market come to us to regret.

[Bttzed03]

The bear market, project developers will have more time to build their ideas and and create more mature products until the bull market kicks in.

How? Time spent developing their project should be the same whether it's bull market or bear market. It's a red flag if a developer thinks he'll have more time to relax on an uptrend. What could be the advantage to them is to work in silence because it's the period where their investors/traders have less activity.

And for investors, the bear market is a time to build a rich portfolio because it is possible to buy coins at a discount, if we want to buy low and sell high, this is an opportunity that must be used to the maximum. Don't let the bull market come to us to regret.

I would add that apart from buying, investors might find staking as another way of increasing their portfolio. Buying at a discount and letting it grow while not doing anything is a good combination. There are many platforms that has such features like binance.com, mycointainer.com, and other big exchanges at rates that are still higher in comparison to what banks offer.

[FanEagle]

The idea that each bull market takes us even further than the previous bull market should make people understand something. I mean it is an obvious idea that we would be bigger than 68k when the next bull comes, so why worry right now? I personally buy as much as I can afford, knowing full on well that I will make 5x profit when that happens.

I look around and have absolutely nothing else I think could make me 5x in the same span of time. Maybe it exists, but I am not aware of it and that is why I trust bitcoin more than anything else to get me rich. This is why we should all buy now, and wait for the next bull market, when that happens, we will be much richer.

[Dart18]

It's nice. I like it. Thank you for sharing. It gives hope.
This is what we need in times of a bear. FUD is already scattered in social media so this forum be better positive about Bitcoin.
Not about the price, but about the technology.
I doubt it will be less valuable in the upcoming months as more people minds are opened and soon they will be back when the economy gets better.

[wxa7115]

I think the bear market should be for building, but it usually isn't in real life. Investors often turn their backs on Bitcoin when it falls, media write articles on how Bitcoin will never recover or how much lower it will go from there, and most adoption news happen, I think, during the bull market. So the bear market is a time when some build up their hodlings, but when new players, IMO, rarely join the game because they're not sure the game isn't over. It feels like there's less FUD during this bear market than there was during the 2018 one, but maybe it's just my personal perception of things.

That is just the way it is, many people only want to join when the market is hot, but by the time they do so most of the bull market has already passed them by.

It is because of this it is important to join at some point in which the bear market is not presenting too much movement, like right now, and then slowly build up your holdings until you are satisfied with them, this way you not only get in the market for a low price you are also able to enjoy the full bull market without the need to time your entry as traders try to do.

[Finestream]

It is fact and the first time I knew about it is from Vitalik Buterin in bear market 2018. I am sure Vitalik likely is not a first person who said about it.

After each bear market, Bitcoin has more value - yeah value, not price. Price growth is a consequence of value growth. If we talk about altcoins, in bear market you can find truly potential altcoin projects. It is different than in bull market when people are over hyped with quick-rich stories and forget about fundamentals. Many potential in bull market will die in bear market but potential ones in bear market will more hardly to die. Many of them will become rising stars in next bull run.

There are a lot of things that need to be fix in the bear market, that turn out to be opportunities. While the smart people are aware of that, people with less knowledge and experience will surely do the opposite. Instead of seeing the bear market as a time for repair and building wealth, people resort into quick judgement of the market and eventually leave. That is why majority of the investors are not seeing themselves profitable because they only see the benefits in a bullish market but are never brave enough to sustain their yearning when the market is bearish.

[2stout]

Yes they are as the next step after things are torn down is to, you guessed it, rebuild.  Those cryptos that have proved to be worthy will be part of the process and others that have proven to be scam or of no value will die.  This shitcoin graveyard is quite vast.

[cheezcarls]

Unfortunately most of the newbies, beginners and average Joes out there are not treating bear market as "building" stage as they are panic selling in the first place. I was guilty of that before as I panic sell my Bitcoin back then and afterward I had a lot of regrets.

As of today, I keep "building" my Bitcoin portfolio by doing dollar-cost averaging (DCA) every month. Tomorrow or in a couple of days from now I'll be receiving another extra "not beer" money for me to accumulate some BTC again to build my wealth for the long-term.

[justdimin]

The bear market, project developers will have more time to build their ideas and and create more mature products until the bull market kicks in.

How? Time spent developing their project should be the same whether it's bull market or bear market. It's a red flag if a developer thinks he'll have more time to relax on an uptrend. What could be the advantage to them is to work in silence because it's the period where their investors/traders have less activity.

It's about the time you are getting ready to make it even more perfect. When we are in bear market, developers have more time to make it as perfect as possible and they could wait until the bull period to make as much money as possible. I know plenty right now that are just in alpha stage or beta stage and that's how they are reacting to it, they just try to make it bigger and bigger. Instead of a group with 20k, they want a group with 100k etc etc.

During the bull period however, if you are too late to the party then you will be releasing when the market goes down, and you will not be getting anything good out of it. That's why there are projects taking some time and they are waiting for the bull period for TGE.