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Author Topic: Why do you think bear market is affecting Bitcoin (Crypto currencies) so badly  (Read 651 times)
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September 03, 2022, 11:06:18 PM
 #21

You don't have to if there's no compelling reason to do so imo. People will invest if they see something in it and not if they don't see any, it's like a process that the market gets involved in naturally. Even if the market is down the dumps, there will always be people who would see enough of a reason to invest in the market and there'd be people who would naturally sell if they don't see any more purpose in staying. A cycle of numerous people doing that is basically the cycles of bull and bear markets that we experience.

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September 03, 2022, 11:08:33 PM
 #22


What do you think will help to help boost the mindset of investors again after all the ordeal?

Investors are bound to know what they are actually investing their money on, they should be prepared to handle losses if encountered, Bitcoin is not just an investment to make today and expect huge returns in a  month or two, instead is better not to invest if they are not planning for long term holding.
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September 03, 2022, 11:45:58 PM
 #23

In my own opinion crypto investment just like any other business is not a mare for weaken Hearted follow
Cause it's the time to humble the riches and en-riches the strong minder holders are winners in this space
What do you think will help to help boost the mindset of investors again after all the ordeal?

The investors should see the history of bitcoin and they would know how the market behaves.  Having an entry for short at the wrong term can be a suicide act as the market rewards to those who can hold for the long term.


Nothing? If they cant handle huge and prolonged drawdowns then they shouldn't be investing in bitcoin/crypto/stocks. It's really not my job to convince them.

There are people who invest in bitcoin first time and for them, it is a surprise to see that bitcoin can go down to 70-80% from the all time high. A little bit of counseling might help them as it is not easy to see the portfolio down by 80% with calm.

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September 04, 2022, 05:54:43 AM
 #24

During the bear market is to know the high risk taker in the cryptocurrency space, because it has given opportunity to buy difference type of Alt-coin at a cheaper rates, which many sell off, because of fear of unknown, without thinking twice on how system works, having said that, the current price of Bitcoin is good to buy, which has affected other Alt-coin to invest in, for a future prospect. Therefore without Bear market, wealth we not circulates, is good accumulate as little you can and hold for Bull Run.
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September 04, 2022, 06:06:36 AM
 #25

In my own opinion crypto investment just like any other business is not a mare for weaken Hearted follow
It would help if you stopped shaming people as "weak hearted".

Quote
Cause it's the time to humble the riches and en-riches the strong minder holders are winners in this space
In every speculative market, it  is the same and hence those who are referred as "pro-traders" are always making profits. They dont trade everyday but they trade with diligence at proper times.

Quote
What do you think will help to help boost the mindset of investors again after all the ordeal?
It is their choice to invest in an asset or not. It is not your nor my job to make them invest in bitcoin. If they find it profitable, they will buy it and hold it. But dont depend on investors to raise the price, rather it is the pros and cons of bitcoin over fiat that makes it attractive to common users and that leads to gradual organic price rise.

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September 04, 2022, 06:18:04 AM
 #26

In my own opinion crypto investment just like any other business is not a mare for weaken Hearted follow
Cause it's the time to humble the riches and en-riches the strong minder holders are winners in this space
What do you think will help to help boost the mindset of investors again after all the ordeal?

First, I think that you should improve your English.
Second, the majority of the BTC investors are just ordinary people, who bought a small amount of BTC with a part of their small savings.
It's OK for them to panic and sell, when the market gets stuck in a bear trend or the price drops fast. You can't have winners on the market without having losers. If everyone was winning nobody would be losing and the profits would be close to zero.
I don't think that anything will "boost the mindset" of such investors. If they don't believe in the future of BTC, just let them leave the market.
I'm still positive that a Bitcoin bull market will come somewhere around 2024.

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September 04, 2022, 08:06:51 AM
 #27

There are people who invest in bitcoin first time and for them, it is a surprise to see that bitcoin can go down to 70-80% from the all time high. A little bit of counseling might help them as it is not easy to see the portfolio down by 80% with calm.

Of course, there are those who buy bitcoin for the first time, but it is not correct to say that such a big drop turned out to be a surprise for them. Because if an investor chooses an asset for investment, then he must study its history, its growth and fall in the past, look at all the cycles. And in this case, the person will already be ready for a possible fall (I'm not saying that this must necessarily happen, but the investor will be ready for this). A fall is not always pleasant, but it is also an opportunity to buy at the best price.

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September 04, 2022, 08:22:22 AM
 #28

In my own opinion crypto investment just like any other business is not a mare for weaken Hearted follow
Cause it's the time to humble the riches and en-riches the strong minder holders are winners in this space
What do you think will help to help boost the mindset of investors again after all the ordeal?

First, I think that you should improve your English.
Second, the majority of the BTC investors are just ordinary people, who bought a small amount of BTC with a part of their small savings.
It's OK for them to panic and sell, when the market gets stuck in a bear trend or the price drops fast. You can't have winners on the market without having losers. If everyone was winning nobody would be losing and the profits would be close to zero.
I don't think that anything will "boost the mindset" of such investors. If they don't believe in the future of BTC, just let them leave the market.
I'm still positive that a Bitcoin bull market will come somewhere around 2024.

in a game there must be winners and losers, if everyone wins and no one loses, the game becomes meaningless
those who can't stand a little hardship, a little challenge, they don't deserve to be the recipient of the right reward
i think there is no need to encourage or advise anyone because if they continue to lose they will blame us
not just cryptocurrency but any business, if you want to be successful you have to endure things that others can't

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September 04, 2022, 09:38:56 AM
 #29

There are people who invest in bitcoin first time and for them, it is a surprise to see that bitcoin can go down to 70-80% from the all time high. A little bit of counseling might help them as it is not easy to see the portfolio down by 80% with calm.

Of course, there are those who buy bitcoin for the first time, but it is not correct to say that such a big drop turned out to be a surprise for them. Because if an investor chooses an asset for investment, then he must study its history, its growth and fall in the past, look at all the cycles. And in this case, the person will already be ready for a possible fall (I'm not saying that this must necessarily happen, but the investor will be ready for this). A fall is not always pleasant, but it is also an opportunity to buy at the best price.
Well, it was going to say that not all are sad about what is happening now. Business outside crypto could be something terrible and profiting low. Might be just the same as in investing crypto as it won't give us a profit instantly, especially during this bear season. Some people had considered this an opportunity but some had also thought negatively and worried about the incoming making them not invest and let the opportunity pass on.
The situation never affects the cryptocurrency at all but it only affects us mentally.



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September 04, 2022, 10:30:51 AM
 #30

This is quite the normal thing happening with the market. This is not the market for people who want their investments to grow steady and it should not encounter any decline. Some say that the market have begun to coexist with the traditional system, and that's the reason why we're experiencing similar pattern of market movements between the cryptomarket and traditional market. For now the market is on its cyclic process and for the growth we need to have patience.

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September 04, 2022, 01:00:22 PM
 #31

What do you think will help to help boost the mindset of investors again after all the ordeal?

Many people are afraid to invest now because we are currently at bear cycle. They don't know it is normal in the crypto market and if you are really an investor that wants to invest in crypto for long term then you should know that this is the right time to do it.

Once this cycle ends and countries starts to recover from the economic crisis, the crypto market will also recover. Once many people sees its recovery then it will bring back their confidence that will trigger again a new market cycle.
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September 04, 2022, 01:12:41 PM
 #32

Bear marketing affects only panic sellers, and they deserve it. Panic sellers are behind most Bitcoin dumps. You can say the bear market isn't affecting Bitcoin, it's 1:1 Bitcoin always. Price dump in fiat or USD. If you are a holder and have patience then the price shouldn't affect you. Because you aren't gonna sell in this bear market. Remember, Bitcoin makes new history after every big bear. So you have to be patience till then to get benefits from there. Think about the future, not today.

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September 04, 2022, 02:38:53 PM
 #33

In my own opinion crypto investment just like any other business is not a mare for weaken Hearted follow
Cause it's the time to humble the riches and en-riches the strong minder holders are winners in this space
What do you think will help to help boost the mindset of investors again after all the ordeal?

Despite what btc has accomplished over the past 10 years many investors still don't get it and fail to see the bigger picture in the long-term period. If btc can grow from scents to thousands of dollars I don't why people still panic sell anytime there is a drop in the price.
Bear market affects btc because some investors won't stop selling their coins cheap, it is sad but that is how it is.

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qwertyup23
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September 04, 2022, 05:00:52 PM
 #34

In my own opinion crypto investment just like any other business is not a mare for weaken Hearted follow
Cause it's the time to humble the riches and en-riches the strong minder holders are winners in this space
What do you think will help to help boost the mindset of investors again after all the ordeal?

Nothing- the price of BTCs are cold-hearted facts that people must understand. Convincing someone to invest into anything without them fully committing is just throwing money into something that they are unsure of.

The best way to deal with this bear market is by basing its price on its price history index. The fact that the price of BTC had grown tenfold over the last years means that its potential to double or triple again its value may soon happen. Given that the halving may happen this 2024-2025, this is a great opportunity for people to purchase and HODL their BTCs.

R


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September 04, 2022, 06:36:03 PM
 #35

In my own opinion crypto investment just like any other business is not a mare for weaken Hearted follow
Cause it's the time to humble the riches and en-riches the strong minder holders are winners in this space
What do you think will help to help boost the mindset of investors again after all the ordeal?

Nothing- the price of BTCs are cold-hearted facts that people must understand. Convincing someone to invest into anything without them fully committing is just throwing money into something that they are unsure of.

The best way to deal with this bear market is by basing its price on its price history index. The fact that the price of BTC had grown tenfold over the last years means that its potential to double or triple again its value may soon happen. Given that the halving may happen this 2024-2025, this is a great opportunity for people to purchase and HODL their BTCs.
Bitcoin is moving at its own pace rather people didn't know about Bitcoin. now they have better idea about Bitcoin and its activities. Once a time people invested in Bitcoin without understanding it but now they have much better knowledge than before. Not many people had the opportunity to purchase Bitcoin when the price of Bitcoin was at its peak. When Bitcoin is down in a bearish market, it can be seen as nothing but it is an opportunity. So at this time if you look at Bitcoin positively you will get the maximum benefit.

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September 11, 2022, 08:15:47 PM
 #36

Promise them Bitcoin will reach $100K at the end of the year? Nah, if you're only talk about price to encourage them to buy Bitcoin, what I can say is you're nothing different with the rest CEO who ask anyone to invest their money on their scam project.

The main thing to boost Bitcoin adoption is from the government, when the government allow their citizen to buy and hold Bitcoin, anyone who already interested with Bitcoin wouldn't scared anymore if previously the government ban Bitcoin.

We can't promise blindly that bitcoin will reach 100k at the end of the year.Currently we're in a very decisive moment and crypto traders believe bitcoin could either start to be breaking bullish from here on soon. In some way, the government can influence the crypto market.

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September 11, 2022, 10:38:02 PM
 #37

Bear market is not affecting the growth of cryptocurrencies. According to me the bear market makes the cryptomarket stronger with time. Because people will get to know about the real value of it, than just relying over it as an investment that grows continuously. This also lets everyone to be prepared to experience the worst, so that the market movement won't disappoint the users.
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September 12, 2022, 04:59:43 AM
 #38

Technically we haven't had a bear market ever since June (and I'm being generous). What you have seen in the bitcoin market has been a third type of trend that is neither bull nor bear. It is more like accumulation phase where price goes sideways meaning it drops to $20k then it rises back up to $25k and repeats it many times until it breaks either price and enters a bull or bear market.

What do you think will help to help boost the mindset of investors again after all the ordeal?
Those who think twice about buying bitcoin just because of some volatility should not buy bitcoin at all because they never understood what bitcoin truly is. Otherwise those who understand Bitcoin, the decentralization, the only hedge against inflation, ... and most importantly have looked at the historical charts don't panic with each bump on the road or the FUD in the meida.

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September 12, 2022, 05:23:27 AM
 #39


You just have to remind them why they invest in the first place. Remind them that BTC has limited supply, that if they sell their BTC they also lose the opportunity.

Some investors just rely to think thinking however that BTC is a get rich quick. Even the S&P somehow stops rising.
If they are not a trader, they should look for opportunities to still make money while there is a bear market like the dividend stocks or a brick and mortar business.

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September 12, 2022, 06:23:36 AM
 #40


You just have to remind them why they invest in the first place. Remind them that BTC has limited supply, that if they sell their BTC they also lose the opportunity.

Some investors just rely to think thinking however that BTC is a get rich quick. Even the S&P somehow stops rising.
If they are not a trader, they should look for opportunities to still make money while there is a bear market like the dividend stocks or a brick and mortar business.
the wrong view that bitcoin is a get-rich-quick way that should be avoided, given so many incidents like this, they do not understand the bitcoin market. for those who are smart, of course, when the market is bullish they have prepared funds to make purchases when the bear season comes, so they will get more bitcoins at a cheaper price. but many are not confident to buy when the bearish season comes for fear that the price will come back down

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