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Author Topic: Bear market Survivals  (Read 517 times)
Mpamaegbu
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November 07, 2022, 07:50:50 PM
 #61

Any coin that survives this bear market will do well come the bull season
It's looking more like it as time goes on, honestly. Many projects are folding up as the bear season bites harder and deeper. I was reading in another thread where that OP was asking about Litecoin and the silence that has greeted it. I had a look and found out it's not really doing badly at $68 and ranked 21 on the list. I remember when it competed strongly and was among the top 10. Now, many of these coins seem forgotten. It's often the pattern during a bear season. Those that survive it become better for it.

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milewilda
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November 07, 2022, 08:14:30 PM
 #62

Any coin that survives this bear market will do well come the bull season
When it comes to survival of these projects then it would really be always end up or pertain about its demand whether on a bear market or bull market.Its really hard to pinpoint on what project would be able to survive
and which is not.You cant always determine that it could always have that kind of rebound or bounceback whenever the market would tend out to recover.Its true that the one who do survive the bear and didnt die
along the process then are the ones who do able to withstand it but doesnt automatically says that it would be pumping on the next trend.We've seen there are projects who do just simply
move sideways or didnt rise up at all even though its already the start of green market which does simply signifies that it wont really be that a guarantee.

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November 08, 2022, 08:56:32 AM
 #63

Shitcoins are where the problem begins during the bull run as well and that’s why I hate them so much. I mean in reality, we are talking about a situation where it would be idiotic to invest, but people see them as a way to make quick profit and during the bull run it does become a quick way to make money and they all invest into it.

Of course when the bear starts, these shitcoins are the ones that drop a ton, and that’s a problem, we shouldn't really have something like that in the long run. I personally hope that it would end in the next bull run, but there is a big possibility that it won't and people would still invest into them.
When they give you 100x return during the bull run, you are going to end up risking it for the next one as well. There are a lot of people who invested in silly stuff, stuff that they shouldn't have invested into and they made 10x or more profit from it by luck.

This means they will have enough money to risk, because their 1k turned into 10k or even maybe 50k who knows, and that means they can spare 10k and put it in 10 other coins as 1k each. That’s what happens during bull run, but the moment bear run starts the first place people will withdraw their money from will be the risky shitcoins they invested into, so they will drop even faster and sharper than other trustworthy coins too.

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November 08, 2022, 09:15:06 AM
 #64


When they give you 100x return during the bull run, you are going to end up risking it for the next one as well. There are a lot of people who invested in silly stuff, stuff that they shouldn't have invested into and they made 10x or more profit from it by luck.

I could agree more, and the moment they experienced that kind of luck they will think that they can simply duplicate it and made another good run when investing to silly projects, they are not afraid of taking the risk whenever they see a project that making some hypes, but once the bear run hit them out, that the time they will realize that crypto is not an easy venue to earn but a business that needed to learn for you to succeed.

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This means they will have enough money to risk, because their 1k turned into 10k or even maybe 50k who knows, and that means they can spare 10k and put it in 10 other coins as 1k each. That’s what happens during bull run, but the moment bear run starts the first place people will withdraw their money from will be the risky shitcoins they invested into, so they will drop even faster and sharper than other trustworthy coins too.

Just like how I explained it and that's what the reality in most cases, People who tend to invest and make some good money during the bull will continue to be greedy, I'm not generalizing but there are people or trader who have this kind of mentality, instead of reassessing, they will proceed and continue trying to make more money but ending it up by losing more, worse, making them empty-handed with lots of regrets with their trading experienced.


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November 08, 2022, 11:58:08 AM
 #65

Any coin that survives this bear market will do well come the bull season
I'm going straight - a lot of coins to survive at this bear season but if we talk about shitcoins, doubted any of them will do that as possible they will turn dead. So make sure that you are free from having any of them but rather buy and keep those potential coins that we believe that it will survive in any kind of market condition and we know that gives us profit.

Some people are talking about luck but this is not what we needed, research is very important and of course, choosing the right coin.

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November 08, 2022, 12:49:16 PM
 #66

Any coin that survives this bear market will do well come the bull season
I disagree.

Any coin that will survive the bear market might really survive the bear market, but they might not do well when bull market comes. I mean there are some coins that might survive but might not reach their past ATH. I remember EOS back in 2017 when it reaches its ATH of nearly 21$ IIRC and then it went back down. In the recent bull run, the highest price EOS has ever reached was only ~15$ I think. Many altcoins suffered the same while there are some who luckily surpassed their past ATH.

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