Is Bearish market the right time to buy coins?

[carlfebz2]

of course bearish is the right time to buy altcoins or Bitcoin because altcoin prices are really cheap right now, if you understand a chart then you will believe my words,
just go to Binance and choose one coin then look at the graph and you I'm sure will start buying the altcoin. Reportedly, the next bull market will be a healthy bull market,
because there have been many memecoins and altcoins with bad progress going bankrupt. This is why I believe the world of crypto currency will be healthier than last year.

But people do usually freak out when we are on a bearish season or time where they do really mind off the opposite thing which they do believe that this market is over or already dead without even trying to look

back on what happened on the past which would really be giving out that kind of idea.Right time is always been questionable since people would really be looking for the bottom price which is something that cant

really be known or predicted and this is the reason on why people do keep on waiting up until they do miss out opportunities because they hadnt able to enter due to endlessly waiting for the bottom.
This is why it does still involves risk taking most of the time when you do make out some buying decisions.

[bitgolden]

The more we bought the lower it got and this caused stress to so many people. I have been buying since it reached 40k and that's fine, sure I would have preferred if it didn't drop that much but what are you going to do? This means we are not really going to be changing anything major for the time being.

The best thing to do would be making sure that you are doing fine by holding, because if you are not hurt financially when prices go down, then you can hold on longer and if you can hold for years without trouble or issues in your normal life, that means you could make a huge profit. I personally would prefer that if possible and there are many out there who should too.

People who are too scared when they are holding should not be holding for too long, it's fine for you and me because we can hold, but if they are too scared then selling at the worst possible time is even worse outcome for them. So, what could they do? They could use stop loss, and 5% loss on your portfolio is not a terrible one.

It means if they buy something, at whatever price put a stop loss at 5% lower and wait, if it reaches then wait some more for it to keep dropping and you can buy when its lower to make it back, you would eventually get the same amount of bitcoins for cheaper even after your 5% loss. Only downside if it goes up after hitting that 5% and that would be a shame.

[sulendra12]

Base on the steady market increase early this year, some coins increases times two but now it has falling drastically.

If you compare from early this year to just a few weeks on falling then your comparison is still not enough. Sure the price is down but if you can manage to find the opening to get right time to buy the coins then on any event you could get the profit with right analysis, but if you're long-term trader then you should wait a bit to actually sell/buy for safer result, of course do it with your own research.

[newbtc101]

I think that DCA is the good strategy during such a long bearish season as this year. Its hard to guess the true bottom price of a good project so DCA will help to achieve the most optimal "entrance" price. 

[adzino]

No need to worry about DCA and the other stuffs/strategies people are giving you. You are investing in crypto currencies. The market is very volatile and you can't predict when the bear or bull market will start. Since you are investing in crypto currencies, you know should be investing money that you don't need for years. Money that are lying around. Since you will be investing money that you can afford to lose, then don't wait for anything and invest whenever you have the chance. The market goes up, good! Sell and take your profit if you want. The market goes down after you brought? Just don't sell and forget you had those money with you.

[jostorres]

Base on the steady market increase early this year, some coins increases times two but now it has falling drastically.

If you compare from early this year to just a few weeks on falling then your comparison is still not enough. Sure the price is down but if you can manage to find the opening to get right time to buy the coins then on any event you could get the profit with right analysis, but if you're long-term trader then you should wait a bit to actually sell/buy for safer result, of course do it with your own research.

Being able to hold for a long time is a difficult thing to do. I understand that it is the easiest way to make money if you bought at the wrong price and you want to sell at the right time, that would be great however we all know that it is not going to be easy for either newbies nor people who got into panic very quickly.

This is why I believe that the best thing to do would be making sure that people with lack of patience doesn't just do long term, if they try to do it, then they will quit half way there and it will cause people to lose a lot of money. This means we should be focusing on what they can do instead to make some money and teach them quicker methods.

[AzamNurWahid]

Base on the steady market increase early this year, some coins increases times two but now it has falling drastically.

If you compare from early this year to just a few weeks on falling then your comparison is still not enough. Sure the price is down but if you can manage to find the opening to get right time to buy the coins then on any event you could get the profit with right analysis, but if you're long-term trader then you should wait a bit to actually sell/buy for safer result, of course do it with your own research.

Being able to hold for a long time is a difficult thing to do. I understand that it is the easiest way to make money if you bought at the wrong price and you want to sell at the right time, that would be great however we all know that it is not going to be easy for either newbies nor people who got into panic very quickly.

This is why I believe that the best thing to do would be making sure that people with lack of patience doesn't just do long term, if they try to do it, then they will quit half way there and it will cause people to lose a lot of money. This means we should be focusing on what they can do instead to make some money and teach them quicker methods.

Yes.  The main problem that often causes defeat is when we feel that the coins we have are constantly decreasing.  We are very forced to sell it below the price when we bought it, for fear that the price will continue to decline. Even though if we understand it well, it is common for prices to fluctuate.

[Sang Prabu]

Mayotitas people will buy when prices are rising because they hope that prices will continue to rise, cryptocurrencies provide good opportunities for profit in any condition, and the best time to buy is when the price is bearish like what happens to now.

[OgNasty]

While now may be a great time to buy altcoins compared to a year ago, experience says that they can always go lower.  Sure, selecting the right coin might make you a ton of money as the market recovers over the coming years, but a majority of the altcoins people are investing in today will be mostly worthless by then.  It's a huge gamble with a long time to see the result where you will have many opportunities to be shaken out at a loss. It's not for everybody.  I might put a few bucks into some projects I like, like polygon, but nothing I wouldn't worry about losing.

[Pamadar]

Base on the steady market increase early this year, some coins increases times two but now it has falling drastically.

If you compare from early this year to just a few weeks on falling then your comparison is still not enough. Sure the price is down but if you can manage to find the opening to get right time to buy the coins then on any event you could get the profit with right analysis, but if you're long-term trader then you should wait a bit to actually sell/buy for safer result, of course do it with your own research.

Being able to hold for a long time is a difficult thing to do. I understand that it is the easiest way to make money if you bought at the wrong price and you want to sell at the right time, that would be great however we all know that it is not going to be easy for either newbies nor people who got into panic very quickly.

This is why I believe that the best thing to do would be making sure that people with lack of patience doesn't just do long term, if they try to do it, then they will quit half way there and it will cause people to lose a lot of money. This means we should be focusing on what they can do instead to make some money and teach them quicker methods.

Yes.  The main problem that often causes defeat is when we feel that the coins we have are constantly decreasing.  We are very forced to sell it below the price when we bought it, for fear that the price will continue to decline. Even though if we understand it well, it is common for prices to fluctuate.

It's common for the coin to fluctuate that's why you really needed to make sure that before putting your money you already
done with your research and you really analyze well how the project will proceed.

Without deeper knowledge the sure thing  that you will do is to sell out of panic
when the market is triggering the downfall, fear will always accompany your journey
in this market, better to take the risk than losing your money if you know that there's
always a good chance that the price will bounce and will rally back.

[koang]

Yes.  The main problem that often causes defeat is when we feel that the coins we have are constantly decreasing.  We are very forced to sell it below the price when we bought it, for fear that the price will continue to decline. Even though if we understand it well, it is common for prices to fluctuate.

The cycle of disruptive innovation adoption and evolution is tough

Some people never learn. In the crypto market, we have to be bearish when Bitcoin is bullish, and we have to be bullish when Bitcoin is bearish.
The theory works wonders on both sides of the trade, and It doesn't matter what the price is, manage your risk.

[Baofeng]

Yes.  The main problem that often causes defeat is when we feel that the coins we have are constantly decreasing.  We are very forced to sell it below the price when we bought it, for fear that the price will continue to decline. Even though if we understand it well, it is common for prices to fluctuate.

The cycle of disruptive innovation adoption and evolution is tough

Some people never learn. In the crypto market, we have to be bearish when Bitcoin is bullish, and we have to be bullish when Bitcoin is bearish.
The theory works wonders on both sides of the trade, and It doesn't matter what the price is, manage your risk.

As one famous investors once said, buy when there is blood on the street, meaning when the market is bleeding and hurting because there are many sellers pulling the price down it is the perfect time to buy because price is very cheap.

I think we are not forced to sell, but we really don't understand how the market works. So when we see panic, we go with the crowd and sell our precious bitcoin as well.

But if you analyze it closely, it's a wrong move because what we should do is HODL and then buy more instead of selling.

[Pamadar]

Yes.  The main problem that often causes defeat is when we feel that the coins we have are constantly decreasing.  We are very forced to sell it below the price when we bought it, for fear that the price will continue to decline. Even though if we understand it well, it is common for prices to fluctuate.

The cycle of disruptive innovation adoption and evolution is tough

Some people never learn. In the crypto market, we have to be bearish when Bitcoin is bullish, and we have to be bullish when Bitcoin is bearish.
The theory works wonders on both sides of the trade, and It doesn't matter what the price is, manage your risk.

As one famous investors once said, buy when there is blood on the street, meaning when the market is bleeding and hurting because there are many sellers pulling the price down it is the perfect time to buy because price is very cheap.

I think we are not forced to sell, but we really don't understand how the market works. So when we see panic, we go with the crowd and sell our precious bitcoin as well.

But if you analyze it closely, it's a wrong move because what we should do is HODL and then buy more instead of selling.

Emotions really killing our investment. We do follow the trend and regret when the market starts to bounce back. We all know how hard to make your decision when the market is bleeding.

But like you mentioned, those who have good experienced knows that keeping your patience and do
an extra mile if you still have spare funds to use is the wise decision during the bear season.

If you can buy additional coin with a very cheap value, once the market start to pump you can
quickly recover your losses and a chance of being compensated with a very decent amount once the
market reached your target.

[Punakawan]

The current investment trend is those who have full control, the intention is that we are not dependent on other parties or difficulties when we want to sell, cryptocurrencies have a very large marketcap so that we are worthy of choosing, the global economic conditions that recession do not prevent the performance of cryptocurrrrrencies to continue to shine.

[Z390]

Base on the steady market increase early this year, some coins increases times two but now it has falling drastically.

Remember:

"Everybody is a genius during a bull market."

And now we see that they weren't geniuses at all.

We are in a bear market in stocks and crypto, bonds too. You need to find what is doing well during these times and invest in it. Majority of the crypto currencies are scam so it is wise to stay away from them till the FED again start to lower the interest rates. When that time comes back, everything will be going up again.

Wise words @mindrust

What about those who have started using DCA since the June low of 17,000$ per Bitcoin? I was one of them and there are two altcoins out of the rest that never see the All time low again, not even when 15,000$ per BTC happened.

When FED successfully decrease interest rates some altcoins will start recovering, could be too late for some top rated alts like Quant for example, it was 50$ now 110$. DCA is the best.

[tygeade]

Emotions really killing our investment. We do follow the trend and regret when the market starts to bounce back. We all know how hard to make your decision when the market is bleeding.

But like you mentioned, those who have good experienced knows that keeping your patience and do
an extra mile if you still have spare funds to use is the wise decision during the bear season.

If you can buy additional coin with a very cheap value, once the market start to pump you can
quickly recover your losses and a chance of being compensated with a very decent amount once the
market reached your target.

Emotions are not stuff that we could lock away, if that was so possible then all the people in the world with trauma because of horrible stuff they had to go through would simply just lock it away.

And yes trading is not that difficult, it is not a trauma, but stress, panic, sadness, happiness and many other emotions are there when you are trading and if you can somehow magically stop feeling those, how could you not do that for anything else, like people who are afraid of flying could just lock it away? That is why it is a lot easier to end up with something that is long term better for everyone involved and just learn to control your emotions and direct them towards better trading.

[kawetsriyanto]

The current investment trend is those who have full control, the intention is that we are not dependent on other parties or difficulties when we want to sell, cryptocurrencies have a very large marketcap so that we are worthy of choosing, the global economic conditions that recession do not prevent the performance of cryptocurrrrrencies to continue to shine.

I am not really sure that I get your point. But if you mean about the global economic condition, it always brings an impact on crypto investment. Although the impact isn't for the long run, it can influence crypto trend temporarily. Sure, we are decentralized, we don't depend on any party. However, crypto investors can't separate their crypto investment from the situation in real life. Once there is a recession, investors must prefer to strengthen their savings. So, they may move some of their funds in crypto assets to fiats. Investors cannot ignore urgent/basic necessities, sometimes must prioritize them. In this situation, the demand for crypto purchasing may decrease. So, there is a possible decline in crypto market.

IMO

[oprahwindfury]

Understanding that this is the right second to put resources into crypto on the grounds that it gives returns huge number of times the benefits for the following couple of years, individuals who have gained from yesterday might exploit this second in the bear market to purchase more, so don't miss this second. In the event that you are new to the market and we are in a bear market, can say you are fortunate to have come with perfect timing like now when everything is extremely modest generally excellent to purchase, don't botch the open door uncommon affiliation.

[inthelongrun]

Altcoins can be very risky compared to bitcoin. But I am not saying investing in altcoins is bad. After all, profit is what we are attracted to aside from the technology the cryptoverse brings. Just be sure to invest the amount you are willing to lose. The higher the risk, the higher the rewards. So pick carefully the altcoins you would like to invest in. And be prepared to track them always as everything will happen to them anymore, either it will shoot up or it will drop down to zero. Always DYOR.

[redsun114]

The current investment trend is those who have full control, the intention is that we are not dependent on other parties or difficulties when we want to sell, cryptocurrencies have a very large marketcap so that we are worthy of choosing, the global economic conditions that recession do not prevent the performance of cryptocurrrrrencies to continue to shine.

I am not really sure that I get your point. But if you mean about the global economic condition, it always brings an impact on crypto investment. Although the impact isn't for the long run, it can influence crypto trend temporarily. Sure, we are decentralized, we don't depend on any party. However, crypto investors can't separate their crypto investment from the situation in real life. Once there is a recession, investors must prefer to strengthen their savings. So, they may move some of their funds in crypto assets to fiats. Investors cannot ignore urgent/basic necessities, sometimes must prioritize them. In this situation, the demand for crypto purchasing may decrease. So, there is a possible decline in crypto market.

You are right about the economic condition but I find other meanings of what he said such as we shouldn't trust centralized entities and we shouldn't listen to other people which are also correct. It's hard for our crypto investments to be separated from the real world but in fact the situations that we are having in the real world is the one that leads us to invest in cryptos.

Whenever we need money outside, we can sell some of our cryptos and whenever we are having a difficulty outside, we can skip investing in cryptos for a while. We don't just invest crypto for nothing (i.e buy a coin and won't sell it no matter what) but each of us has our own goals.