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Author Topic: Just how bad is the bear market right now?  (Read 996 times)
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January 11, 2023, 10:17:58 PM
 #121

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.
That was how the bull market also lasted for a longer time when investors were very happy to hold random projects that made some random persons a real crypto millionaires and billionaires. When should not be too pessimistic about the current market now because everything has different time to happen. This bear market had not even lasted for 2 complete years and some persons had been very confused when the bear wood ever end or not. There are so many fud in the market now and I still don't know why many investors had been so depressed about it.

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January 11, 2023, 10:29:14 PM
 #122

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.
That was how the bull market also lasted for a longer time when investors were very happy to hold random projects that made some random persons a real crypto millionaires and billionaires. When should not be too pessimistic about the current market now because everything has different time to happen. This bear market had not even lasted for 2 complete years and some persons had been very confused when the bear wood ever end or not. There are so many fud in the market now and I still don't know why many investors had been so depressed about it.

That millionaire word creates wrong expectation on some people because from thinking about that they fall on scams since they bought a wrong token then hold it. Some alts didn't pump back again when bear market occur so choose those potential alts which have good community support since if you bought trash tokens then you will go broke with that.

R


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January 11, 2023, 10:34:45 PM
 #123

the current bearish market is no worse than the previous bearish market so it is still relatively safe, especially now that all crypto prices are gradually recovering, so buy a lot when the market is bearish, not sell cheap crypto that we have bought at high prices before

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January 12, 2023, 07:52:38 PM
 #124

True, as you said, many people are still focused on the short term, although not all but on average are like that, so they are a little panicked about the current conditions, especially those who focus on daily trading. But on the other hand, this is also not the first time that we should be aware that it is with fluctuations like this that bitcoin grows and what we have to do is remain patient and try to hold back so that we don't release the assets we have in our portfolio.
Not all would really be that having the patience and thats why its not surprising that not all would really be going for that long term and this is why they are really that serious and mindful
about on whats happening in the market today which is really that very bearish which it would be normal on creating that doubt and lose of confidence on making up investment.
The thing here is that you should be able to handle yourself well into this market despite on what condition or trend it would be.
When something like this happens it comes back to ourselves. Other people will not be able to control themselves because what comes from other people is just a suggestion and we can accept it or not. When I do panic I think this is a reasonable condition because it is clear that we will lose money when conditions are bearish like this but we also don't have to make panic a reason for us to go because of course we are here, we know the risks that will be obtained, the reason for panic and selling is just a classic excuse because we can make this not happen if we keep our heads up. and I also always tell myself we panic then sell then that means defeat and I don't want to lose in this case.

Quote
It might be looking that bad but we cant really expect that it would really be good always and there are indeed times that it do crashes and instead of freaking out
it would be better to look these things as opportunity for you to get in.
Our thinking should be more in that direction, instead of continuing to panic and keep selling when we are losing money, it is better to maximize this to increase our portfolio if we still have extra money.
Staying DYOR is important, but when you see the conditions for a big discount, there's actually nothing wrong with continuing to add more and more.

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January 12, 2023, 09:33:28 PM
 #125

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.
That was how the bull market also lasted for a longer time when investors were very happy to hold random projects that made some random persons a real crypto millionaires and billionaires. When should not be too pessimistic about the current market now because everything has different time to happen. This bear market had not even lasted for 2 complete years and some persons had been very confused when the bear wood ever end or not. There are so many fud in the market now and I still don't know why many investors had been so depressed about it.
In the previous bear season, it takes almost 3 years before it recovers, maybe that still happens again in this cycle. We are still in the first month of this year 2023 and I expect a lot of changing will happen someday whether it will be a pump or a dump. But for me, I was expecting the bear season to stay the whole year of 2023. So I think we need to extend our patience and keep ourselves calm, we don't let our emotions burst out because this will also help the market to dump more instead of helping out to move high.
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January 27, 2023, 11:02:28 AM
 #126

the current bearish market is no worse than the previous bearish market so it is still relatively safe, especially now that all crypto prices are gradually recovering, so buy a lot when the market is bearish, not sell cheap crypto that we have bought at high prices before
Currently it is recovering and now we can see prices in the 20k range once again. This was a prolonged bear market and those who have been mentally determined enough to stand through such times will emerge with profits in the next bill run.

It is important to note that bear market is the time to buy and keep the patience. The bull market is the time to sell. If you don't have the patience to keep up through these times, you will falter and lose money.

Going with the get rich quick mindset, you would lose.

R


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January 27, 2023, 11:48:23 AM
 #127

the current bearish market is no worse than the previous bearish market so it is still relatively safe, especially now that all crypto prices are gradually recovering, so buy a lot when the market is bearish, not sell cheap crypto that we have bought at high prices before
Currently it is recovering and now we can see prices in the 20k range once again. This was a prolonged bear market and those who have been mentally determined enough to stand through such times will emerge with profits in the next bill run.

It is important to note that bear market is the time to buy and keep the patience. The bull market is the time to sell. If you don't have the patience to keep up through these times, you will falter and lose money.

Going with the get rich quick mindset, you would lose.

I wouldn't call this prolonged bear market though, it is expected that even this year, it will still be technically called a bear market although we have seen the price going above $23k for bitcoin.

But I do agree that we should still continue with buying and holding at this point.

The market is still in bear market, prices way below from our previous all time high. And that the time to make a sell is during the bull market and not just to get a quick profit because of the recent spike in the price.

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January 27, 2023, 01:25:32 PM
 #128

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.
That was how the bull market also lasted for a longer time when investors were very happy to hold random projects that made some random persons a real crypto millionaires and billionaires. When should not be too pessimistic about the current market now because everything has different time to happen. This bear market had not even lasted for 2 complete years and some persons had been very confused when the bear wood ever end or not. There are so many fud in the market now and I still don't know why many investors had been so depressed about it.
In the previous bear season, it takes almost 3 years before it recovers, maybe that still happens again in this cycle. We are still in the first month of this year 2023 and I expect a lot of changing will happen someday whether it will be a pump or a dump. But for me, I was expecting the bear season to stay the whole year of 2023. So I think we need to extend our patience and keep ourselves calm, we don't let our emotions burst out because this will also help the market to dump more instead of helping out to move high.


Bitcoin has surged to $23k, and many believe that bear season is over and bitcoin is on a rebound in search of a bull season this year. But I still believe that history will repeat itself, bear season will last 2 to 3 years before it really ends. As you said, we need to be patient and not get too excited when we see a bitcoin rally, things can reverse at any time. Honestly, I still can't believe we've bottomed or the bear season is really over, I'm still thinking about another crash in the future.

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▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
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███▀    █████████████    ▀███
██       ███████████       ██
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▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
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..PLAY NOW..
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