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Author Topic: Just how bad is the bear market right now?  (Read 1048 times)
goldkingcoiner
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December 16, 2022, 09:49:43 AM
 #41

Just how bad is the bear market right now?
Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.

The "bear market" is a subjective view of the current market. Depending on which angle you are looking from, it could look bad but it could also look good. Thats why I always look at the prices from a yearly chart perspective. If you invested 1 year ago, would the current price be a profit to you? If yes, then the bear market is not as bad.

We have seen worse, scary dips and dumps in the past. The current corrections are very slow and can be avoided if you check the prices at least daily. Back a few years ago you would need to keep an eye on the price every second hour in order not to lose half your money in a surprise dump.

The market is not as bad as it used to be. Certainly not as scary.


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December 16, 2022, 11:18:40 AM
 #42

I don't know about Black Swan but it appears they already have the next target that could cause another blow to the crypto market.

Binance isn't off the hook yet with the FTX downfall. CZ and Binance is being blamed again because they allegedly refuse to "help out" in the expansion of FTX in other countries. SBF and his team had no other option but to buyback the 20% shares of Binance in the company which was supposedly worth Billions. This info from recent CNBC's interview with Kevin O'Leary.

Sounds outrageous to me but the FUD against Binance is floating around.
Down trend with bear market right now happen before FTX collapse before giving bad situation with FTX exchange market close and suspend withdrawal fund, I don't think until end December down trend market will stop and bullish coming for next year. I am scared when Binance make FUD and I don't think they will stop with other exchange market become the victim like happen with FTX.

I am not totally agree what Binance did made FUD and trying monopoly with exchange market, Binance can stop to make FUD with other exchange market and many people loss their fund in FTX exchange account.

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December 16, 2022, 11:32:30 AM
 #43

A bear market will probably affect the value of the cryptocurrency you own, but it is not always a sign that the market will continue to fall. There are many factors that can influence the price movement of cryptocurrencies, so it is difficult to give a definitive answer about how bad the bear market is at the moment. It's a good idea to discuss with a financial advisor or financial expert for the right advice on your investment in cryptocurrencies.

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December 16, 2022, 02:27:32 PM
 #44

A bear market will probably affect the value of the cryptocurrency you own, but it is not always a sign that the market will continue to fall. There are many factors that can influence the price movement of cryptocurrencies, so it is difficult to give a definitive answer about how bad the bear market is at the moment. It's a good idea to discuss with a financial advisor or financial expert for the right advice on your investment in cryptocurrencies.
You are right, even before this there were many questions about this. But we will not get definitive answers to questions like this. The market moves up and down and this is something that naturally happens. We will always see a bear market in a certain period, and this period is where we can see a bear market which causes a lot of panic among the users. This is also inseparable from the incident that we saw some time ago regarding the destruction of a project that was even quite large.

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December 16, 2022, 02:33:44 PM
 #45

Just how bad is the bear market right now?
Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.

So many hodlers hope to be able to sell their token this period of celebration but it seems to me that it might not be possible because if they decide to sell they might be selling at a loss and no one wants to be at a loss in their business.
And even those businesses that accept Bitcoin as a means of payment I'm still wondering how their businesses are doing now in this bear market.

So I would say that the market is pretty bad for those that are hoping to use their funds in this bear market. While for those who are not concerned it might just be an opportunity for them.
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December 16, 2022, 07:29:49 PM
 #46

Just how bad is the bear market right now?
Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.
If we look at the history of the crypto market, especially bitcoins price, the result is quite amazing because of its past history of recovery no matter how down the price was. It never sinks to the bottom after any tragedy it has been through that it never recovered from it. Today, you just need to grab the opportunity if you have some extra money to spend on investment because this kind of chance is rare at the same time, you also need the requirement to know the right coins to invest as well but if you are not really sure which one, then stick to bitcoins.
That is exactly how it will be this time around as well. I know not many people believe that but I am 100% certain that we are going to end up with a recovery yet again. This means that if we work towards just buying a bit each week if we can, and hold it as long as we possibly could, that will result with a big profit. I am not saying that it's going to be that easy, it will of course but a bit hard but the hardest part is the holding part.

If you can just ignore the current price, and focus on what it could be, then we are going to end up with a good profit without a doubt. I just hope that people do not forget that they need to make sure that it's going to be a bit of a trouble if they sell too early.

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December 16, 2022, 08:28:16 PM
 #47

Just how bad is the bear market right now?
Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.

So many hodlers hope to be able to sell their token this period of celebration but it seems to me that it might not be possible because if they decide to sell they might be selling at a loss and no one wants to be at a loss in their business.
And even those businesses that accept Bitcoin as a means of payment I'm still wondering how their businesses are doing now in this bear market.

So I would say that the market is pretty bad for those that are hoping to use their funds in this bear market. While for those who are not concerned it might just be an opportunity for them.


I would say the same as always, it depends on when you entered! This bear market right now is bad for people who started investing in the last bull run! But if you think about the people who are in long before that it's totally different picture, some coins are holding at some prices that are higher compare to the ones from a few years ago.

This bear market is not bad. At least not yet, I think we didn't touch the bottom yet.

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December 16, 2022, 09:04:36 PM
 #48

Just how bad is the bear market right now?
Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.
We're just good. We just see the real scenario of the market and if we take a look at the past bear market, we will really be thinking we are too far from what happened before. Despite the market crash, I remain optimistic about the market as it recovers sooner. I'd never think about the worse scenario but what we have now is another opportunity given to us, especially for new investors.

If we are just looking for the negative views of the market, the more we got disturbed and can't even think of the right thing to do.
Trust is really what we need.
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December 16, 2022, 09:57:22 PM
Last edit: December 16, 2022, 10:11:04 PM by lalabotax
 #49

Just how bad is the bear market right now?
Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.
I am not really worrying about this current bear market. but I am worried about the next wave that may crash the market and will worsen the market. Moreover, currently, there is so many big FUD that will give a bad effect on the big platform. After the fall of FTX, I am starting to worry about other exchanges. This FUD may keep continuing and will probably make the market worse again. But whatever happened, be patient and never panic, so that you can control and manage yourself during the worse bearish market again

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December 16, 2022, 09:59:27 PM
 #50

Just how bad is the bear market right now?
Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.
I am not really worrying this current bear amrket. but I am worrying about the next wave that may crash the amrket and will worse the amrket. Moreover, currently there are so many big FUD that will give bad efffect tot he big platform. After the falll of FTX, I am starting to worry about other exchanges. This FUD may keep continuing and will probably make the market worse again. But whatever happened, be patinet and never panic yourself, so that you can control and manage your self during the worse bearish amrket again

If you are worried about using centralized exchanges, then, get out your funds after you finished trading.
At one point, we do need to use their services, so we can't avoid them.
This bear market is always part of this market, but I do believe that we will get out on this market trend.
If more people are getting into and learning about the benefits of crypto, there's always hope that we will bounce back.
Just a matter of time when we will see the line moving up again, and by that time, one should be prepared so as not to regret why you didn't do anything while the price level is relatively low.
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December 16, 2022, 10:39:01 PM
 #51

It is good time to collect cheap altcoins since this market crash can be opportunity for those who missed train. The market prices decline for reason, the whales keep dumping altcoin bags to speculate markets and take advantage of it. My prediction is 5 more months for bear market then green colors will appear on charts.
but I'm sure, some people will think about entering the market. even still doubtful about the potential for a deeper market decline.
the moment is indeed good to collect more assets. because most altcoin prices have also decreased. but reconsider the investment planning that we do. we've been in a bear market for quite a while. too much negative news lately. we will see the market opportunity to grow again in a better trend when market adoption has improved.

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December 16, 2022, 10:42:54 PM
 #52

Just how bad is the bear market right now?
Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.

It's bad because I still keep seeing that bad news about FTX and about people whining about their losses and the market having a hard time moving up because of too many FUD this 2022 is one of the hardest years for the industry as two of the platforms in the industry Luna and FTX gave us the biggest fiasco in the history of the industry, 2022 is forgettable but we must not lose hope 2023 is just a year for another halving and there will be more great news coming to stop from the likes of FTX and Luna from happening again.

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December 16, 2022, 11:29:40 PM
 #53

Just how bad is the bear market right now?
Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.

Hug the dip. Accept the situation as nothing we can do about it. Besides, for experienced ones, it's not the first time they experienced a bear market.

We won't learn if everything will always go up. There are lots of genius during the bull run but left dumb during the bear run.

Instead of treating the bear market as a negative thing, make that your advantage by accumulating more coins.
It's better that way we don't need to panic with bear market conditions,
when we panic then it becomes a problem because we tend to make wrong decisions,
so as much as possible take advantage of the bear market to make a profit and it takes patience
But that's the problem itself. People cannot help but to panic simply because they are seeing losses. "invest an amount you can afford to lose" is just a phrase and most of the investors would agree to it but cannot really stand market dumps in this industry and that I think is normal. People are simple different from one another; some can endure and has long tolerance with market inconsistencies. Taking advantage of the bear market is not for everyone. Why? Could you add more amount to your 'losing' investment? If you can afford then that's good but majority won't; some are even giving up.
Just how bad is the bear market right now?
Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.

It's bad because I still keep seeing that bad news about FTX and about people whining about their losses and the market having a hard time moving up because of too many FUD this 2022 is one of the hardest years for the industry as two of the platforms in the industry Luna and FTX gave us the biggest fiasco in the history of the industry, 2022 is forgettable but we must not lose hope 2023 is just a year for another halving and there will be more great news coming to stop from the likes of FTX and Luna from happening again.
This is because such thing does not happen on a usual basis. Also, it is a big project and that makes it no longer surprising why people especially those who suffered huge losses, cannot move on with what happened in an instant. Just let them reflect into it. But that's indeed true, FUD happens just because of it.

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December 16, 2022, 11:34:54 PM
 #54

Just how bad is the bear market right now?

I do not think the market is that bad right now.  Actually, I think it is good for accumulation.  If we only accumulate low-priced potential coins, there is a possibility that we will have a huge profit when the bull market comes.  While others think that the bear market is cursed, I think otherwise, I believe it is a chance for those who missed out to get into the market and accumulate future profit.

Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.

Well, the longer the bear market is, the sweeter it is when the bull market comes.  That is what I always think whenever this kind of event happens.

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December 16, 2022, 11:58:35 PM
 #55

It is good time to collect cheap altcoins since this market crash can be opportunity for those who missed train. The market prices decline for reason, the whales keep dumping altcoin bags to speculate markets and take advantage of it. My prediction is 5 more months for bear market then green colors will appear on charts.
The good coins only are the good ones to have but I know that everyone is having the idea that it's also good to have some bets and pick those low-capped coins that might rise in the next years.
Those that have seen pumping that much and it's what they're trying to do with some other altcoins that haven't pumped yet because it's like a lottery that could bring in thousands to millions of potential profit if a crazy pump does happen. It's going to be a common strategy for most when they've seen it happen to others.
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December 17, 2022, 02:03:24 AM
 #56

It is good time to collect cheap altcoins since this market crash can be opportunity for those who missed train. The market prices decline for reason, the whales keep dumping altcoin bags to speculate markets and take advantage of it. My prediction is 5 more months for bear market then green colors will appear on charts.
The good coins only are the good ones to have but I know that everyone is having the idea that it's also good to have some bets and pick those low-capped coins that might rise in the next years.
Those that have seen pumping that much and it's what they're trying to do with some other altcoins that haven't pumped yet because it's like a lottery that could bring in thousands to millions of potential profit if a crazy pump does happen. It's going to be a common strategy for most when they've seen it happen to others.
If they choose an altcoin just because it's like a lottery and choose it randomly without research, they could fall into the trap of choosing the wrong altcoin.
It has happened before and many people have suffered huge losses because the altcoin they chose did not increase like other altcoins.
This is where we have to be really careful choosing the altcoin because it has a big risk if we choose the wrong one.
And if they are having a hard time choosing an altcoin, the only way it might be is to just pick a bitcoin and hold on to it until it goes up in price.
That would be better than being confused about choosing the altcoin in a bear market like now.

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December 17, 2022, 09:50:09 AM
 #57

It is good time to collect cheap altcoins since this market crash can be opportunity for those who missed train. The market prices decline for reason, the whales keep dumping altcoin bags to speculate markets and take advantage of it. My prediction is 5 more months for bear market then green colors will appear on charts.
The good coins only are the good ones to have but I know that everyone is having the idea that it's also good to have some bets and pick those low-capped coins that might rise in the next years.
Those that have seen pumping that much and it's what they're trying to do with some other altcoins that haven't pumped yet because it's like a lottery that could bring in thousands to millions of potential profit if a crazy pump does happen. It's going to be a common strategy for most when they've seen it happen to others.
Perhaps it was a suicidal move but we can't deny that many people make a huge profit from investing in hype projects.
Just imagine about 1000 times ( or more) the price increase from a shitcoin, that is really big money for the investors, and people have kept that motivation that one day they get such a thing. Though we know the risk of investing in these shitcoins, many people still aim for their luck in them. They keep buying altcoins and hope for a huge profit when Bullrun comes.

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December 17, 2022, 10:56:23 AM
 #58

The price of a cryptocurrency can fluctuate significantly over time, and there is no guarantee that its price will continue to rise or continue to fall. It is possible that low cryptocurrency prices can last for a longer period of time in a bear market cycle, however, this cannot be considered a certainty. There are always risks associated with investing in cryptocurrencies, and it is important to understand those risks and decide if they fit your risk profile. Before deciding to invest in cryptocurrencies, it's a good idea to do some research first and understand the risks associated with those investments.

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December 17, 2022, 11:23:47 AM
 #59

The good coins only are the good ones to have but I know that everyone is having the idea that it's also good to have some bets and pick those low-capped coins that might rise in the next years.
Those that have seen pumping that much and it's what they're trying to do with some other altcoins that haven't pumped yet because it's like a lottery that could bring in thousands to millions of potential profit if a crazy pump does happen. It's going to be a common strategy for most when they've seen it happen to others.
If they choose an altcoin just because it's like a lottery and choose it randomly without research, they could fall into the trap of choosing the wrong altcoin.
It has happened before and many people have suffered huge losses because the altcoin they chose did not increase like other altcoins.
This is where we have to be really careful choosing the altcoin because it has a big risk if we choose the wrong one.
And if they are having a hard time choosing an altcoin, the only way it might be is to just pick a bitcoin and hold on to it until it goes up in price.
That would be better than being confused about choosing the altcoin in a bear market like now.
It's just like some choice and strategy of being hopeful that it will be good as is. It's okay for those who are doing it if they're careful or not because they will still have the time to look at it even if they are on the verge of losing.
For someone who's having a hard time choosing an altcoin, it's on them to feel the hardship but it's not that hard at all when you've got to pick the top ones and those that have the reputation already that are unlikely to rug pull.

Perhaps it was a suicidal move but we can't deny that many people make a huge profit from investing in hype projects.
Just imagine about 1000 times ( or more) the price increase from a shitcoin, that is really big money for the investors, and people have kept that motivation that one day they get such a thing. Though we know the risk of investing in these shitcoins, many people still aim for their luck in them. They keep buying altcoins and hope for a huge profit when Bullrun comes.
It's a hype and trend that we've seen that many have really made profit but also, we saw those that have been rekt and lost money due to it.
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December 17, 2022, 11:55:27 AM
 #60

how bad is the current bear market? if you look at the price drop that happened yesterday it's not too bad because the price of bitcoin only fell by about 5%. but if you look at it as a whole there is still the potential for the bitcoin price to drop to a lower price. I often say if the bitcoin price touches $ 17k, it is very likely that the bitcoin price will continue to fall to $ 13k.

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