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Author Topic: The bear market is your friend  (Read 1351 times)
Cling18
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November 11, 2022, 05:29:03 PM
 #41

To everyone in crypto currency, the bear market is one market where fuds and panic triumph and reign which greatly affects the prices of crypto currency tokens, and yes some projects do not recover from the bear burdens.

But do you know that the bear market is a blessing in disguise for every investors that is prepared and has been waiting for the dump ? So many tokens are going to touch lower lows, and if you are prepared, you can key into this tokens and more than double your money when the bull run is here. The dump is your friend, and is a blessing if you are always ready and prepared for it.

Make sure to look into quality tokens and projects, and of course door

I used to fear the bearish market when I was a beginner believing that I would lose all my crypto investment funds but as time goes by, I saw it as an opportunity and not something to be afraid of. If we've been with the previous market conditions, we could notice the importance of the bearish season. It's a chance and opportunity for everyone to accumulate good and potential coins at a lower price which can also provide us with a good profit in the future. We should embrace it rather than see it as a disaster.
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November 11, 2022, 05:49:46 PM
 #42

Everyone has their own perspective of seeing things differently. Like for some bear market are extreme market conditions where they will only face losses. But to be honest people like me see bear market as opportunities. During bear market consider ourselves lucky, as we getting these high priced coins in such a great discounted price. Moreover bear markets are basically just a phase and the start of bull market. So buy as many coins as you can and sell later at 5 times more price.
The bear market is an inseparable color of the cryptocurrency space, so we should have known this bear market was going to happen and prepared to take advantage of the state of the market. If we have prepared this I think we will not panic and instead it is a good opportunity for us to put our money in it, of course in coins that we really trust, like bitcoin. Most people who panic are people who are new to cryptocurrencies or can be called beginners, because they are not used to facing such an extreme market. Those of us who are experienced in dealing with conditions like this should not feel excessive panic and should instead be able to take advantage of it.

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November 11, 2022, 08:10:41 PM
 #43

Bear market is not always your friend. I have seen some people who bought more crypto during bear market and they are thinking that it will pump soon but they didn't expect that crypto price is still decreasing. I have created a wallet where they also have notification about price changes especially in bitcoin. I didn't think that it will decrease more than I expected. The truth is hard but we must accept it that we really can't predict what will happen next.

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November 11, 2022, 08:21:41 PM
 #44

Quote
Be also wise in choosing what you will buy during this bear market. It's not a promise that almost everything will be up when the bull run market comes again.
I agree with you, choose wisely in the bearish market will really help you to make a good profits when the bullish market appear in the future, because there are many altcoins that will not pump very well when the bullish market appear. I think, Ethereum and Solana are good to invest in this bearish season, because their future will be bright for traders and investors to have something good to achieve in the future. Now doubt about all those potential projects I just mentioned here, because their teams are seriously working to ensure their investors enjoy huge amount of incomes before the end of this year 2022.
Isn't it curious that we all know the fact that if you buy right now and wait then in the bull run when it peaks above ATH you will profit, and yet people are still selling? I mean if we all know that we will profit when the bull run comes, then why are we all selling it? What could be the reason for any of this? There should be massive buying going on right now, because everyone should want to buy right now to make a profit.

However, for some reason people are selling when it is already low, meaning they are giving up on that future profit they would make. I am not sure why the market is like this, but I am not giving up my position and going to keep on holding.

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November 12, 2022, 07:32:28 AM
 #45

Yes, the bear market is an opportunity, lay the groundwork now, and when the harvest season comes, your harvest will be greater than you imagined. The premise is that your ability to withstand pressure is very good, otherwise you will be afraid to retreat when you watch the price drop day by day. In this way, you will not only have nothing in the harvest, but also regret not investing more in mature projects in the bear market.
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November 12, 2022, 11:14:29 AM
 #46

Ever since I had been in this forum, I learned that lesson. Dumps are supposed to be a blessing where an opportunity open for the late comers.
But you have to pick the right investment and the best choice will always be Bitcoin.
With altcoin, I have many choices in the market, I have to filter them so that I could pinpoint what project could survive in this descending value of all altcoins.
Checking their price chart history will be a good idea. Those who got up after the dump before will be a good choice.
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November 12, 2022, 12:14:09 PM
 #47

Sounds really fun, doesn't it? But believe me, it won't be that easy. You still have to watch the big news and other minor events to convince yourself with this word: "now is the time to buy."
Some coins will always be low, others will follow the bitcoin price, while there are shit coins that are brought to the top. It can be very difficult to choose which altcoin will give you 100X or 1000X profit.
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November 12, 2022, 12:21:24 PM
 #48

In the current bear market situation, not everyone is ready to face it, and even the panic is still felt. This can be seen in market movements where the price of bitcoin and altcoins has decreased very sharply. Even the price of bitcoin dropped to the $16k area which is the lowest point so far this year. The thing that can be done in the current bear market situation is to hold on to the assets we have while waiting for the bull run to come.

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November 12, 2022, 01:43:05 PM
 #49

In the current bear market situation, not everyone is ready to face it, and even the panic is still felt. This can be seen in market movements where the price of bitcoin and altcoins has decreased very sharply. Even the price of bitcoin dropped to the $16k area which is the lowest point so far this year. The thing that can be done in the current bear market situation is to hold on to the assets we have while waiting for the bull run to come.
The bear market has been a friend of crypto since its inception and when a bear market comes, everyone should be prepared to accept it even in a state of panic.
and I think a deeper panic that most startups will feel that they have never felt or experienced before, what is really a bear market is an opportunity for us to grow ownership or find good and potentially profitable coins in the future, especially bitcoin .
and I always recommend DCA on a downtrend and increase buying as long as the downturn persists. And also use the money you can afford to lose regularly and save it for the long term, and wait for a bull market.

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November 12, 2022, 02:07:55 PM
 #50

Ever since I had been in this forum, I learned that lesson. Dumps are supposed to be a blessing where an opportunity open for the late comers.
But you have to pick the right investment and the best choice will always be Bitcoin.
With altcoin, I have many choices in the market, I have to filter them so that I could pinpoint what project could survive in this descending value of all altcoins.
Checking their price chart history will be a good idea. Those who got up after the dump before will be a good choice.

After Luna's death and now FTX, I think researching a project is based on the team behind the project or chart...all of those factors no longer make sense. There is no guarantee a project as having a good team, reputable VCs, whitepaper, and attractive tokenomics means it won't scam us. Investing in altcoins is just a gamble so just being willing to take the risk when investing is enough. Other than bitcoin, all other altcoins are now unreliable.



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November 13, 2022, 09:26:08 AM
 #51

Many people hope the market will rise soon and sell with profit conditions, but for me now is the best time to collect coins that have the potential to skyrocket, I hope that investing in altcoins can make me big profits in 2023 because I have big plans in August 2023 .
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November 13, 2022, 10:45:49 AM
 #52

Well I agree with you and I am not too bothered with the price right now. I have been picking up Bitcoin for years now and I try not to focus too much on the price. I think BTC as more of a longer term investment strategy. I don’t play the swings and definitely don’t sell my coins.
That is the thing we are supposed to do (bold letters) but somehow, many people haven't appreciate it instead, they are to serious about the daily market changes which bothered them too much and even worry every day. I adopt that behavior (calmness) and I really say that it helps me more to understand and my mind keep on the positive side.
Quote
BTC has been consistently making me money for many years now. I like buying it cheap but that’s not what motivates me, I’ve definitely bought when it’s higher too. What gets me pumped up is knowing that BTC is going to hit 100k in 2023.
yes, it was proven many times. No doubt about it that is why it is the most favorite coin for investment.

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November 13, 2022, 10:58:42 AM
 #53

If I see someone selling their crypto because of being worried about the price dropping more, I don't stop them because I let them learn from their decisions. Of course, not really a big mistake but this helps them to know how to trust their investment. 

This is why i rarely give newbies too much advice or stop them every time they buy shitcoins or sell bitcoin in a bear market. In my opinion, no piece of advice is really as helpful as experiencing it for yourself, I know if I don't stop them they will lose money but there is no free lesson as effective as a paid lesson. Sometimes just spending a little money in return gives us experience as well as lessons to help us earn a lot of money in the future, well worth it.

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November 13, 2022, 11:32:54 AM
Merited by Iroh (4)
 #54

This is one of the most exciting time for new Investors.
A time to accumulate more into your bag before the bull market comes running.

It's mostly an exciting time for old investors that actually understand the game and not those that got into investing because of the hype of the last bull run. The new investors have no experience so they'll be investing because of hype of project and make same mistake the old investors made but the old investors with the experience will use this time to do their research and actually monitor projects that are building during the bear market and working on things that'll bring actual liquidity to their projects than just hype.
Cryptocurrency needs experience and when you do have that experience then you'll excel. An old and experience users will realize the discount this bear market brings and take full advantage of it by constantly dollar cost averaging in their investment to be profitable when the bull market returns.

R


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November 13, 2022, 05:35:07 PM
 #55

<snip>
A bear market can be a blessing in disguise, yes. But not for everyone. You know, as token holders might tend to sell some/all of their holdings because of the fud, which makes them the losers. On the other hand, those people that luckily bought these tokens or people who knew the downtrend and expected the uptrend later are the winners.
This bear market has both negative and positive impacts, you just have to understand what to do during these times.

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November 14, 2022, 07:22:38 AM
 #56

To everyone in crypto currency, the bear market is one market where fuds and panic triumph and reign which greatly affects the prices of crypto currency tokens, and yes some projects do not recover from the bear burdens.

But do you know that the bear market is a blessing in disguise for every investors that is prepared and has been waiting for the dump ? So many tokens are going to touch lower lows, and if you are prepared, you can key into this tokens and more than double your money when the bull run is here. The dump is your friend, and is a blessing if you are always ready and prepared for it.

Make sure to look into quality tokens and projects, and ofcourse dyor

There are many benefits to a bear market. Without a bull market, there would be no bear market. For most speculators, a bear market is undoubtedly a good time to move and store low-priced chips. Of course, speculators often do not have much patience. At the best moment, how strong is the consensus? Like Bitcoin, after many rounds of bull and bear conversion, more and more believers. For altcoins, the bear market is a sickle, which makes more junk projects There is nowhere to go. The essence of business is people in the end, and a bear market can make the community stronger. This is my point of view on a bear market.
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November 14, 2022, 11:42:02 AM
 #57

Buy when others are fearful Wink Currently, the Fear & Greed index is at 22 (Extreme Fear) and many of the crypto assets are undervalued (meaning the RSI14 is below 30). Take the bear market as buying opportunity and sell when everyone else is buying.
Whales and old investors did this and were perhaps happy when there is panic selling happened in the market as in this way, they make money from them. This is not the thing it appears to the mind of a doubtful investor but absolutely full of worries and negativity. As long as there are people who are weak and never understand the market volatility, this will have a no-ending story and we keep seeing a high Fear index.

Well, the reality is that;
some are selling at low prices and whales are catching them.

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November 14, 2022, 12:48:19 PM
 #58

Although a bear market may offer opportunities to buy into established projects at low prices, it is often difficult to know when the bottom has been reached.
 Thanks, CZ for causing this dump. He gets to buy FTX for cheap now and all the others lose a lot of money.
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November 14, 2022, 01:20:31 PM
 #59

Bear markets also naturally select people. whether it is strong enough to survive in the bear market so that it can make big profits when the bullrun comes. or do people get impatient and take a cutloss as an option that makes it a loss even if the bullrun comes. because he already sold in a bear market.

So people who manage to survive the bear market and take advantage of the bear market as a time to spend their money. then these people will win when the bullrun comes.
bear market is indeed a good time to continue to accumulate while waiting for the bullrun market to come.

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November 14, 2022, 01:23:27 PM
 #60

Many people are profiting from bear market and many are losing from this market. Run You will be very profitable but invest carefully in the projects you invite now so that they have a good future.

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