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Author Topic: How to Overcome a Bear Market in Cryptocurrency  (Read 1413 times)
Fatunad
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August 30, 2022, 07:59:16 PM
 #61

Whenever their is bear market am always happy because it’s give me opportunity to buy more, the only moment am always angry when their is bear market is whenever I don’t have any money with me that I can use to buy more coin at that moment but I don’t care about the coin am already having in my wallet what I always fight for is to buy more during the bear market, by now the set of people that should panic because of bear market are the newbies that have not experienced it before but for people that have been in cryptocurrency for long time bear market should be a buying opportunity and not to be scared of it.
People should see on this way on which they shouldnt really be getting afraid nor panicked whenever they do see a declining market but instead they should really be seeing this as an opportunity for them to get in.
Yes, it might not really be that easy since not all does have the funds,not all does have the confidence, not all does have the experience towards the market and this is why we do really end up on bad decisions
in life.Overcoming bear market is never been easy since it would be mostly be playing up with your emotions and since we are just humans then we do easily fall but with due experience then
we are really able to make things a bit better.
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August 30, 2022, 09:28:44 PM
 #62

one way is not to buy, and wait until the price really bottoms out,
because in a bear market it is very difficult to predict the price of bitcoin and altcoin,
because the market when it is bearish will be very volatile.
Bearish to overcome it can only be achieved when you monitor the movement of the market before you purchase it. On my own understanding, the people who is prom to overcome bearish is people who are ready to invest in cryptocurrency cryptocurrency and expecting the price to be so low before adventuring into the market against lost. I believe that you would have scrutinized the market before investing.


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August 30, 2022, 09:35:26 PM
 #63



Also, having two or more source of income is a good move in order to peacefully sleep at night waiting for the bear market finally over.

Certainly, diversifying income sources is something everyone should do, not just focus on any one market. Life is full of surprises so we never know what tomorrow will bring, so always have a backup plan for yourself.

To me, the bear market is when we focus on other jobs outside to increase income and find ways to accumulate potential coins. Prepare for a bullseason, where we will reap the rewards of what has been accumulated during the bear season.
When the market is bearish, it will be the best opportunity to invest and do DCA. However, you can only do this if you have other sources of income that is still generating profits while the crypto market is not profitable. The reason why it’s always important to create other sources of income aside from crypto, so that when the bear market lives for long term, at least you will never struggle thinking when to see profits again because you have other means to sustain your needs for survival.

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September 02, 2022, 05:10:56 AM
 #64



Also, having two or more source of income is a good move in order to peacefully sleep at night waiting for the bear market finally over.

Certainly, diversifying income sources is something everyone should do, not just focus on any one market. Life is full of surprises so we never know what tomorrow will bring, so always have a backup plan for yourself.

To me, the bear market is when we focus on other jobs outside to increase income and find ways to accumulate potential coins. Prepare for a bullseason, where we will reap the rewards of what has been accumulated during the bear season.
When the market is bearish, it will be the best opportunity to invest and do DCA. However, you can only do this if you have other sources of income that is still generating profits while the crypto market is not profitable. The reason why it’s always important to create other sources of income aside from crypto, so that when the bear market lives for long term, at least you will never struggle thinking when to see profits again because you have other means to sustain your needs for survival.
This is why so many traders that want to leave their jobs eventually fail and they do not reach their goals, it is very easy to imagine yourself becoming a full time trader and making a lot of profits out of the markets, but that is something that only works out when the markets are skyrocketing, once the market begins to go sideways and then it goes down the majority of the traders are unable to maintain the same level profits, so it is important to have alternative sources of income in order to diminish the effects those lower profits can have in our lives.
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September 02, 2022, 06:07:17 AM
 #65

one way is not to buy, and wait until the price really bottoms out,
because in a bear market it is very difficult to predict the price of bitcoin and altcoin,
because the market when it is bearish will be very volatile.
Bearish to overcome it can only be achieved when you monitor the movement of the market before you purchase it. On my own understanding, the people who is prom to overcome bearish is people who are ready to invest in cryptocurrency cryptocurrency and expecting the price to be so low before adventuring into the market against lost. I believe that you would have scrutinized the market before investing.
in the current situation, the most comfortable thing is to buy it, by getting a cheap price, we will have a larger number of tokens, and of course it will be easier to make a profit, when the market goes up, and when the market goes down, we are prepared to buy it back , because rest assured no one knows when a reversal will occur, so we net coins according to the analysis we have done

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September 02, 2022, 12:11:42 PM
 #66

in the current situation, the most comfortable thing is to buy it, by getting a cheap price, we will have a larger number of tokens, and of course it will be easier to make a profit, when the market goes up, and when the market goes down, we are prepared to buy it back , because rest assured no one knows when a reversal will occur, so we net coins according to the analysis we have done
While this is a good time to buy bitcoins cheap, we should research when we can buy them so we don't buy bitcoins at high prices. Maybe we can analyze it first while waiting for a red candle to appear in the market so that we can buy it cheaply. But if the price goes down deeper, you don't need to panic because maybe it's a correction still happening and it's time to buy again and hold it. But if you are afraid of price changes, you may not need to enter the market and just wait for the price to reverse.

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September 02, 2022, 02:01:49 PM
 #67

in the current situation, the most comfortable thing is to buy it, by getting a cheap price, we will have a larger number of tokens, and of course it will be easier to make a profit, when the market goes up, and when the market goes down, we are prepared to buy it back , because rest assured no one knows when a reversal will occur, so we net coins according to the analysis we have done
While this is a good time to buy bitcoins cheap, we should research when we can buy them so we don't buy bitcoins at high prices. Maybe we can analyze it first while waiting for a red candle to appear in the market so that we can buy it cheaply. But if the price goes down deeper, you don't need to panic because maybe it's a correction still happening and it's time to buy again and hold it. But if you are afraid of price changes, you may not need to enter the market and just wait for the price to reverse.
I thought this was the good time already? Therefore there is no need for a research but research is a must if we are talking about new coins. Even if you invest in bitcoins at a not so high price, you can still be on the safe side as long as you hodl it and sell only above your buying price. A further dip in the price does not scare some of us but they are in fact happy about it because they are waiting for that moment only to buy coins at a more discounted value.

If someone is afraid of price change then they shouldn't be here as this place is not for the kids but there are stable coins out there which value doesn't move too much. That should suit them better.

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September 02, 2022, 02:22:17 PM
 #68

I think it's just easy if you really want not to get frustrated. You only need to stay with stablecoins until you think it's time to go and dive to get some cheap coins in the market. For a full time crypto enthusiasts, I think living within your means is a must so that you can survive until the market it healthy again.
Not a bad idea however not even stable coins are foolproof, and we can easily see an example of what I'm talking about with what happened with UST, so people need to be very careful at all times when it comes to the place where they decide to invest their money because you only need to make one mistake, one single mistake, in order to lose a great deal of the capital for which you have worked so hard all your life, so we need to exercise as much caution as we can when we make any important movement in the markets.
This is the reason why we should not hurry investing in a project that we're not sure of. We need to be careful and cautious upon choosing the project to invest in as this is the only it saves us from losing. As we are battling the market condition, I'd see how important holding potential coins, not stablecoins because despite of the situation and market volatility, at least we still have some assurance, unlike these shitcoins. Not, I just talk about stablecoins but because of their previous scam issues, it creates worries as well, and putting money with them is highly at risk.
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September 02, 2022, 03:26:16 PM
 #69

I think it's just easy if you really want not to get frustrated. You only need to stay with stablecoins until you think it's time to go and dive to get some cheap coins in the market. For a full time crypto enthusiasts, I think living within your means is a must so that you can survive until the market it healthy again.
Not a bad idea however not even stable coins are foolproof, and we can easily see an example of what I'm talking about with what happened with UST, so people need to be very careful at all times when it comes to the place where they decide to invest their money because you only need to make one mistake, one single mistake, in order to lose a great deal of the capital for which you have worked so hard all your life, so we need to exercise as much caution as we can when we make any important movement in the markets.
This is the reason why we should not hurry investing in a project that we're not sure of. We need to be careful and cautious upon choosing the project to invest in as this is the only it saves us from losing. As we are battling the market condition, I'd see how important holding potential coins, not stablecoins because despite of the situation and market volatility, at least we still have some assurance, unlike these shitcoins. Not, I just talk about stablecoins but because of their previous scam issues, it creates worries as well, and putting money with them is highly at risk.
projects that have gotten a bad reputation, of course, will be very risky for us to put our money there. market conditions are in a downward trend. only holding potential assets like Bitcoin is the best option. even stable coins in their current state won't give us anything. especially those who have failed in the eyes of investors.

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September 02, 2022, 05:33:46 PM
 #70

One of the way to overcome  the bear market when one still have Bitcoin is to not sell in panic, hodling is the only way to overcome bear market , if because of the bear market one should sell then that's to say the bear market have overcome you. 

one way is not to buy, and wait until the price really bottoms out,
because in a bear market it is very difficult to predict the price of bitcoin and altcoin,
because the market when it is bearish will be very volatile.
During the bear market their is nothing for one to buy bitcoin,  the simple thing to do is to hodl for long-term but seems very difficult for people.  Hodling is just the perfect way to overcome the bear market.

R


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September 02, 2022, 08:25:52 PM
 #71

How to Overcome a Bear Market in Cryptocurrency

Do we actually need to overcome the bear market, or can we actually overcome the bear market? Bear market is something that must come and whenever it comes, it hits many people hard, especially the short term investors. In my opinion, the best form of dealing with the bear market is to prepare for it. Yes, you can prepare for bear market even if you don't know when it will come. You could prepare for bear market by doing the following;
  • Investing on long term purpose
  • By saving a certain part of your investment budget in a stable coin and wait for bear to buy more coins
  • By investing only what you are able to lose
By this you are prepared for bear market and would cry whenever it comes as if you are unaware that what goes up must surely come down.

R


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September 02, 2022, 09:45:27 PM
 #72

1-accumilation  ( accumulation)

I should say that this would be the best thing to be done whenever the market do really have some deep reds instead on freaking out and whining around just because you've seen your
portfolio is crashing.It cant really be avoided but once you are experienced then you do know on what to do.

If you dont have money or funds to accumulate then it would be better to make yourself not to check out the market every now and then because if there's bear market
then it would be always have that recovery.
This period is important for whales and market makers who need liquidity, they keep hunting stop orders below on support price line or above resistance price point. Instead of making it obviously, they can use various patterns and visualize stop hunt as corrections. Accumulation period can be used for portfolio building since prices are on discount for those who understand how market cycles work.
The ones who do have experience and does really know on what they should gonna do within these times are the ones who could actually make some advantage whenever the market tends to make out some
change of trend.Cant really just avoid that we would really be panicking out whenever bear market comes but with sufficient experience and knowledge then you would able to handle up yourself and do
know on what you are doing.It might not that simple but doesnt mean that it cant be achieved.There are lots who could able to withstand this unpredictable market.It cant really just
that simple when you do lack of these qualities but as the time passing by then you would eventually realize it.

R


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September 02, 2022, 10:44:02 PM
 #73

1-accumilation  ( accumulation)

I should say that this would be the best thing to be done whenever the market do really have some deep reds instead on freaking out and whining around just because you've seen your
portfolio is crashing.It cant really be avoided but once you are experienced then you do know on what to do.

If you dont have money or funds to accumulate then it would be better to make yourself not to check out the market every now and then because if there's bear market
then it would be always have that recovery.
This period is important for whales and market makers who need liquidity, they keep hunting stop orders below on support price line or above resistance price point. Instead of making it obviously, they can use various patterns and visualize stop hunt as corrections. Accumulation period can be used for portfolio building since prices are on discount for those who understand how market cycles work.
this is why many new traders do not understand how the cycle in crypto currency works,
indeed in the cryptocurrency market the bearish or bullish cycle occurs very extreme, or can be known as high volatility,
of course if you are not familiar with this condition I am sure you will be surprised,
but if you are used to it then you can maximize this bear season well

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September 02, 2022, 10:59:03 PM
 #74

Experience is the key. If we are used to experiencing a bear market, we can automatically think of ways how to ride the current trend.

How about newbies that are new to this trend? No choice but to feel the wrath of the bear market and face the problems they will encounter on the way.

That will be the challenge for them and that's part of building an experience.

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September 02, 2022, 11:28:52 PM
 #75

How to Overcome a Bear Market in Cryptocurrency

Do we actually need to overcome the bear market, or can we actually overcome the bear market? Bear market is something that must come and whenever it comes, it hits many people hard, especially the short term investors.
I believe there are a lot of cryptocurrency investors are don't want to accept the fact about the crypto market because there's no way anyone can overcome the bear market and for the record, it is something we have welcome in the market for us to get a new opportunity.

In my opinion, the best form of dealing with the bear market is to prepare for it. Yes, you can prepare for bear market even if you don't know when it will come. You could prepare for bear market by doing the following;
  • Investing on long term purpose
  • By saving a certain part of your investment budget in a stable coin and wait for bear to buy more coins
  • By investing only what you are able to lose
By this you are prepared for bear market and would cry whenever it comes as if you are unaware that what goes up must surely come down.
I agree with the list you provided as a way to prepare for the bear but to maximize the tips you provided, investors need to understand how bear market operate.


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goinmerry
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September 02, 2022, 11:45:59 PM
 #76

It's really hard to overcome a bear market. It gives traders emotional stress and sometimes it's heavy. There are even reports where other people can't bear the bearish trend and their life becomes worst after that. From the very beginning, crypto traders should understand that it's not always that the situation will favor them. The bull trend is really amazing but it's just common to have that trend be cut for a period of time.

Let's remember that there's always a rainbow after rain. Always remain responsible even if we are seeing our assets turning red continuously.
romero121
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September 02, 2022, 11:55:07 PM
Last edit: September 03, 2022, 12:16:55 AM by romero121
 #77

It's really hard to overcome a bear market. It gives traders emotional stress and sometimes it's heavy. There are even reports where other people can't bear the bearish trend and their life becomes worst after that. From the very beginning, crypto traders should understand that it's not always that the situation will favor them. The bull trend is really amazing but it's just common to have that trend be cut for a period of time.

Let's remember that there's always a rainbow after rain. Always remain responsible even if we are seeing our assets turning red continuously.
If the trader doesn't want a big profit out of the bear market then it is possible to safeguard the portfolio without much of disturbance out of the varying market fluctuation. As quoted, there's always bull market after the bearish trend. So, having patience will make the traders profitable. A good trader will make profit unlike the market trend, because he knows the right time to make a buy and get out of the market.

ethereumhunter
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September 03, 2022, 02:01:30 AM
 #78

I thought this was the good time already? Therefore there is no need for a research but research is a must if we are talking about new coins. Even if you invest in bitcoins at a not so high price, you can still be on the safe side as long as you hodl it and sell only above your buying price. A further dip in the price does not scare some of us but they are in fact happy about it because they are waiting for that moment only to buy coins at a more discounted value.

If someone is afraid of price change then they shouldn't be here as this place is not for the kids but there are stable coins out there which value doesn't move too much. That should suit them better.
Even though now is the right time, we still have to research and analyze before buying because, with bitcoin price changes so far, we should try to buy at low prices. And even though our goal is to invest, we also try to buy at a low price so we don't worry about price fluctuations. The price drop makes many people worried because they can't contain their emotions which can cause them to think short of selling their bitcoins instead of holding on to their bitcoins.

People are interested in investing in crypto because they see many success stories of people who can make a lot of money from crypto. That's why many people follow them but sadly, that doesn't come with learning more.

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Ararbermas
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September 03, 2022, 03:18:42 AM
 #79

When it comes to a bear market situation for me IMO it's always good to wait and to buy which trusted coin has a potential to recover despite of the situation because its very common even the market is struggling wherein some of the alts is gaining , im not talking about gaining quick profits just to good to be true before buying. So that ho matter what happen i can still make profits afterwards..

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rozak
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September 03, 2022, 08:17:44 AM
 #80

When it comes to a bear market situation for me IMO it's always good to wait and to buy which trusted coin has a potential to recover despite of the situation because its very common even the market is struggling wherein some of the alts is gaining , im not talking about gaining quick profits just to good to be true before buying. So that ho matter what happen i can still make profits afterwards..
that's right. when the bear market comes. we can change our way from trading to long term investment planning. it will benefit us more in the future. moreover we will avoid bad risks when trading in unfavorable market situations.
especially with the market conditions that experienced a big decline after the bull market. Of course, we will see many discount prices. it allows us to buy more assets.



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