Firms Taking Advantage of the Bear Market to Enter into the Crypto Space

[livingfree]

While we're seeing crypto exchanges announcing their closure, here goes the industry leaders that have been long in the finance game for so long and taking their steps.

Companies that join during bear markets are more likely to stay in the crypto economy than ones who join during bull markets imo.

I agree.

They're just preparing for the bull run and they'll have more assets when the bull run occurs. And as they anticipate that the market will be better than their entry, for sure that they won't waste a chance to take those profits as reserve in preparation for the next cycle.

[1715359868]

1715359868

[1715359868]

1715359868

[1715359868]

1715359868

[Lucius]

I have to agree with that they are not friends of bitcoin or trying to advertise it. Rather they have looked some possibilities and how it can come to there advantage.

And I think we will all agree that they are not even illiterate fools who cannot calculate that globally, less than 5% of people are involved in some activity related to cryptocurrencies. When we add to that the fact that the majority invest in Bitcoin+altcoins exclusively for profit, then we can conclude that all these companies have completely different goals than accepting Bitcoin as a currency, and from the post written by @serjent05 we see in which direction the majority are thinking.

They want metaverse, NTFs, centralized blockchains and everything that can somehow be profitable, even in the short term.

[so98nn]

The best way to keep the trade in positive is to buy the position for long terms and while it's in the bear. This strategy is very much popular in the share market because big bulls can easily earn profits and if somehow market drops in the later times then they could easily "square off" the long term positions and save themselves from the losses. Well known strategy when it comes to unpredicted market plus in the current situation of world the recession is knocking the doors. Whoever has the money, are the bulls who will be buying and once world recovers they will be selling the market. Thats funny how the saying never gets old, "Rich becomes Richer". The good advice is we should take advantage of them and start buying the coins on individual levels.

[kryptqnick]

Maybe I'm wrong, but I don't think that companies adopt Bitcoin more during the bear market than the bull market. My guess is actually the opposite because it seems that Bitcoin always gets more attention when its value is on the rise. During the bear market, many are in disbelief and few are ready to enter the market. It is a bit hard to assess it all, though, since we'd have to agree what sort of companies (in terms of market capitalization, for example) we're including, what sort of adoption (investing, allowing as payment) we take into account and whether we count only when things are put into action or publicly expressed intentions as well.

[posi]

Maybe I'm wrong, but I don't think that companies adopt Bitcoin more during the bear market than the bull market. My guess is actually the opposite because it seems that Bitcoin always gets more attention when its value is on the rise.

I agree with you that there will be more attention and more news about bitcoin adoption during the bitcoin bull season than during the current bear season.

During the bear market, many are in disbelief and few are ready to enter the market. It is a bit hard to assess it all, though, since we'd have to agree what sort of companies (in terms of market capitalization, for example) we're including, what sort of adoption (investing, allowing as payment) we take into account and whether we count only when things are put into action or publicly expressed intentions as well.

We should consider what their market entry purpose is, if they only use bitcoin or crypto as payment method then they can join any time not necessarily bear season or bull season. But if the purpose is investment then of course bear season will be a much more perfect season as everything is undervalued, an opportunity to own cheap crypto assets.

[GreatArkansas]

It is no coincidence that many firms are announcing their entrant into the crypto space. I think that they are taking advantage of the bear market.
(...)

I hope that retail investors or individuals also will do the same because if they are just here for investment then the bear market is their friend, it's accumulation period.
As you can also notice, there is a lot of companies starting to develop some software or any platform that will help Bitcoin ecosystem to be more known/easy to access or easy to use for everyone.

[Agbe]

This is a good initiative from USA states. They are always making things easy for citizens of the Nations.
Many companies that are in the WEST adopt or add Bitcoin to their payment system, the WEST is not like African companies or Marchants that or not ready to develop their economic system because of the corrupt rate of all of them in the political system.
In all markets people are benefiting from it. People can key into the crypto-Bitcoin space in the bear market than the bull market. Because at that time the expenses is not much.

[serjent05]

Maybe I'm wrong, but I don't think that companies adopt Bitcoin more during the bear market than the bull market. My guess is actually the opposite because it seems that Bitcoin always gets more attention when its value is on the rise. During the bear market, many are in disbelief and few are ready to enter the market. It is a bit hard to assess it all, though, since we'd have to agree what sort of companies (in terms of market capitalization, for example) we're including, what sort of adoption (investing, allowing as payment) we take into account and whether we count only when things are put into action or publicly expressed intentions as well.

Those who want to enter the Bitcoin market will always target where Bitcoin is cheaper.  That way there is a huge room for them to get a profit.  Those who company who enter when Bitcoin is  at its peak are just taking advantage of the market transactions and mostly won't contribute to the Bitcoin economy.  And most of those investment firms that entered Bitcoin at its peak are now on the verge of a collapse because of the price dive of Bitcoin and some already filed for bankruptcy.  I believe many companies have learned lessons from these incidents and now taking the opportunity of the bear market.

[South Park]

Maybe I'm wrong, but I don't think that companies adopt Bitcoin more during the bear market than the bull market. My guess is actually the opposite because it seems that Bitcoin always gets more attention when its value is on the rise. During the bear market, many are in disbelief and few are ready to enter the market. It is a bit hard to assess it all, though, since we'd have to agree what sort of companies (in terms of market capitalization, for example) we're including, what sort of adoption (investing, allowing as payment) we take into account and whether we count only when things are put into action or publicly expressed intentions as well.

Those who want to enter the Bitcoin market will always target where Bitcoin is cheaper.  That way there is a huge room for them to get a profit.  Those who company who enter when Bitcoin is  at its peak are just taking advantage of the market transactions and mostly won't contribute to the Bitcoin economy.  And most of those investment firms that entered Bitcoin at its peak are now on the verge of a collapse because of the price dive of Bitcoin and some already filed for bankruptcy.  I believe many companies have learned lessons from these incidents and now taking the opportunity of the bear market.

Smart money has always behaved like this, investing during a bear market is a bad idea as it is obvious that you have already missed a great deal of the potential profits you could have had and now you will have to settle for way less, and that is if you are lucky and the bull market continues, smart money does not think or act that way, what they do is to enter the market when it is close to its lowest point and then they just wait, this simple and yet effective strategy is very powerful as once the bull market comes the profits they will accumulate will be huge and if they do this taking advantage of the different cycles of each market then we can see how they can so easily increase their wealth as they are always on the right side of the market.