What's your next step if you experience a Great BEAR MARKET ?

[pooya87]

The first step you take is the one you take before you make the investment in bitcoin or even in shitcoins. You should first decide WHY you are converting your fiat to bitcoin. Is it to reach financial sovereignty or is it quick profit? If it is profit, how do you want to make that profit: from trading or from investment?

These things decide what you should do in case price didn't move in the direction you wanted or the way you wanted.
For example if you decide you want profit but you want it long term and treat bitcoin as an investment, then you shouldn't worry about short term fluctuations, corrections and dips, etc. Just buy in a dip (like buying below $70k) and hold for at least a year.
But if your plan is to make profit but in short term and you want to be trading (accepting the risks that  comes with it) then every small dip and correction is an opportunity for you to make a move. For example it could be selling your coins above or close to $70k and re-buying it when the correction happened at something like $65k.

[1715132362]

1715132362

[1715132362]

1715132362

[Porfirii]

Currently Bitcoin is expected to have a bull run and halving in coming time as we all know it.

Now if you were to make an investment of $100 as a beginner regardless of your country and as it stands Bitcoin is experiencing a bear market (an example) after you made 5% capital.

Initially you want to hold for a very long time but as a result of the bear market you loose your capital and half your investment yet the market is showing no sign for you to recover.
What's your next step as a first timer in Bitcoin /Altcoin trading?

I've always respected the golden rule (don't invest what you can't afford to lose) so, as a newbie in Bitcoin/altcoin trading, I did the same. Newbies often start playing intraday, but they should realize early that they can lose in an hour what they won in several weeks, so it is better to simply hodl and not worry.

[Cookdata]

Currently Bitcoin is expected to have a bull run and halving in coming time as we all know it.

Now if you were to make an investment of $100 as a beginner regardless of your country and as it stands Bitcoin is experiencing a bear market (an example) after you made 5% capital.

Initially you want to hold for a very long time but as a result of the bear market you loose your capital and half your investment yet the market is showing no sign for you to recover.
What's your next step as a first timer in Bitcoin /Altcoin trading?

You don't lose money in Bitcoin unless you sold. There is a profits and loss in buying and selling of Bitcoin and there is also Unrealized loss and profits, this is what you get when the assets you bought is showing you that you have had appreciation or depreciation but these profits and loss isn't what to you actually have until you have sold that Bitcoin, take correction when you are communicating about profits and loss so that people can understand you very well.

Bear market is inevitable in any of the market, if your focus is a long term holding and you were caught between the devils market crash, you continue to hold and buy more as the market continue to dip, buying that way is what is term as dollar cost average(DCA), you will reach a break even points where you wouldn't have profits and loss, you can chose to withdraw your investment in case you change your mind or you may hold as you intended from the beginning.

[dzungmobile]

You don't lose money in Bitcoin unless you sold.

True and not true. Loss or profit is on the screen or paper in your calculation and it only becomes actual profit or loss if you sell your bitcoin to have cash.

The vital point is if a person used all money to invest in Bitcoin, no other source of money for emergency, he will have to sell his bitcoins when he takes profit proactively or has to sell it for emergency.

Bear market is inevitable in any of the market, if your focus is a long term holding and you were caught between the devils market crash, you continue to hold and buy more as the market continue to dip, buying that way is what is term as dollar cost average(DCA), you will reach a break even points where you wouldn't have profits and loss, you can chose to withdraw your investment in case you change your mind or you may hold as you intended from the beginning.

Before thinking of a bear market, buying more in dips, you must think of your financial status in a bear market and what you already prepare for it.

As said above, if you don't have any money reserve, you can not buy any dip but it will come to a time you have to sell your bitcoin even you only want to hold it. Because without cash to use, how will you live through a long lasting bear market?

[Dunamisx]

If you invested and the market is going dip, you will have to hodl, as long as you're investing on bitcoin, but the moment you make investment on other coin that are not reliable or reputable, you begin to fear in panic on not missing out, it is therefore very important that we make the adequate and necessary research on any coin before investing and if we will make the best decision, then such have to be that bitcoin is our first investment priority and if possible the only one, then if the market dips, all you need is to hold.

[AYOBA]

Currently Bitcoin is expected to have a bull run and halving in coming time as we all know it.

The bull run is approaching, and everyone is anticipating its arrival. However, some people, including those who are not prepared, are anticipating the bull run. Many individuals are anticipating a dip in Bitcoin to prepare for a potential bull run. Those who have already invested are hoping for a strong performance before the bull run begins.

Now if you were to make an investment of $100 as a beginner regardless of your country and as it stands Bitcoin is experiencing a bear market (an example) after you made 5% capital.

As a beginner, starting an investment with a smaller amount of money that he can afford to lose is the best option. So that even if you lose your initial investment, it won't feel as horrible. Additionally, you can also can get knowledge from bear market tactics..

Initially you want to hold for a very long time but as a result of the bear market you loose your capital and half your investment yet the market is showing no sign for you to recover.
What's your next step as a first timer in Bitcoin /Altcoin trading?

If that should be the case, bear market tactics appear to have some effect from the moment a bitcoin is bought until it is held for an extended length of time. The next step is to continue being patient until you have made back all of the investment and amassed a sizable profit. Since it is the main focus of the bear market. Whatever happens at the end of the day, you should be patient while investing and intend to hold it for a long time.

[Bushdark]

If you invested and the market is going dip, you will have to hodl, as long as you're investing on bitcoin, but the moment you make investment on other coin that are not reliable or reputable, you begin to fear in panic on not missing out, it is therefore very important that we make the adequate and necessary research on any coin before investing and if we will make the best decision, then such have to be that bitcoin is our first investment priority and if possible the only one, then if the market dips, all you need is to hold.

The word "Hold" is a difficult word and no one wants to see the market go bear again because it could be very disappointing for holders that their ultimate aim is to make profits and then seeing unplanned loses coming their way.
On investor want to see loses but it might come to us if we do not plan ahead of the market. We don't need to always expect to see bull and green candles everywhere. The market is going to be bullish which we all going to make money but we should also think twice that anything can happen along.

[Baki202]

If you invested and the market is going dip, you will have to hodl, as long as you're investing on bitcoin, but the moment you make investment on other coin that are not reliable or reputable, you begin to fear in panic on not missing out, it is therefore very important that we make the adequate and necessary research on any coin before investing and if we will make the best decision, then such have to be that bitcoin is our first investment priority and if possible the only one, then if the market dips, all you need is to hold.

If you have already invested, then I don't see why the person will decide to sell during the bear market periods. Bear markets are meant for you to invest more, and with what has happened within a short period, people have made a profit, which is the purpose of investing. because imagine that after holding it for a very long time, you don't have anything to lose and still wait till you are making a profit, and if you can not wait, you can trade. You do not have to wait for long, just holding is much safer, so anyone can decide which one they want to do. Everyone has their plan and target of investment, but we all know that the bear is for you to buy more.

do not do what you don't have the mind for and that is going for other coins you might invest and be lucky but can be risky can you take that risk if you lose the money you won't blame anyone for what has happened, the risk is risky if the plans go well you can become a millionaire in Crypto so is just for you to get your plans right if you get your plans right then lucky you and if it goes wrong then liquidation will be the result.

[Hypnosis00]

...
Initially you want to hold for a very long time but as a result of the bear market you loose your capital and half your investment yet the market is showing no sign for you to recover.
What's your next step as a first timer in Bitcoin /Altcoin trading?

Drops are expected after bull season, sometimes it is even more than half of the current price. But remember, if you are buying only Bitcoin and keep holding it, you will never lose any amount. And have to tell you that investing in crypto needs some faith and trust, holding is necessary during the bear season but if you don't have these things, I'm very sure that you will think negatively and sell your coins at a losing price. That is why you should ask yourselves if you really have faith in doing this and trust the project you invested in. Otherwise, don't bother yourselves to buy and take risks because you only lose your money.

[sunsilk]

Everyone's stayed in this market for years and seeing that there's no sign of recovery by that time means that they're not too worried at all. When you've been here, you are aware that it will eventually recover no matter what happens because that's the normal mode of this market.

An experienced investor in the market who sees no sign of recovery might hold or buy to have more without anything to worry about.

But if that kind of thing worries you, that's only mean that you're still new on this market and you don't have trust on it so you better cut that loss or don't invest at all.

[The Cryptovator]

For me, I will leave my cryptos for the next bull run. Because besides crypto, I have been holding some stable coins that would be fine to survive till the next bull run. Rather, I would accumulate more crypto during the bull market. No point to sell at loss anyway. Whenever I sell my holding, I regret it forever and am never able to buy it back. So I will not panic; I have a hardware wallet and will leave my bags there. 

[Rengga Jati]

Currently Bitcoin is expected to have a bull run and halving in coming time as we all know it.

Now if you were to make an investment of $100 as a beginner regardless of your country and as it stands Bitcoin is experiencing a bear market (an example) after you made 5% capital.

Initially you want to hold for a very long time but as a result of the bear market you loose your capital and half your investment yet the market is showing no sign for you to recover.
What's your next step as a first timer in Bitcoin /Altcoin trading?

A bear market will definitely occur after the bullish era. And this is sure, but only the exact time when this will happen is still a question mark. But we really need to prepare as well as possible so that we can also take advantage of all the opportunities that exist in bullish and bearish times.
Certainly, bullish er later, we have no eprofits. And use a certain percentage of profits to be saved in stable coins. So that when bearishness occurs later, we can use this amount to buy crypto again, to prepare for another long-term investment. Because once again, the choice of coin will really depend on the type of investment we have.

Personally, I would diversify the money I have. Certainly a minimum of 50% to invest in Bitcoin, at prices that are quite low during bearish times, usually the first year of bearishness. Then, use the rest to invest in altcoins, but only top altcoins. To reduce the risk, if the altcoins cannot survive on the market. Therefore, it's better to just go for top altcoins, although this also doesn't guarantee 100%.

[Stable090]

Initially you want to hold for a very long time but as a result of the bear market you loose your capital and half your investment yet the market is showing no sign for you to recover.
What's your next step as a first timer in Bitcoin /Altcoin trading?

After losing half of your investment, the only left to do is just to keep on holding, if you can sell at that moment, then you are already at lose, so it doesn’t make any sense, and you should know that when you buy a coin, the only thing that reduces is the value of the coin, but the amount of the coin which you buy still remain the same, so you just have to overlook your investment. Also sometimes market do recover when we never expect, don’t be surprised that after selling bitcoin or the coin might bounce back. I know it’s not really easy seeing your money drop as a newbie, but you should have knowledge about things like that before you start investing in bitcoin or any coin.

[Churchillvv]

Firstly I have to agree with pooya87 that is 100% correct, so building on what he have said yiu will have to consider some certain things before investing in bitcoin and when this category of things have been well thought of you will not longer worry when things move the opposite way.

Perhaps when one wants to invest in bitcoin and/or altcoins one must first know the volatility of bitcoin hence be prepared to receive either profit or loss in the crypto space. For the situation you have at hand it's best to cut loses if only your interested in short term investment but if it's about long term investment then you could leave it there believing that bitcoin is good enough to return your profit after some time.

[yazher]

You won't have such a problem if you know what you are doing because if you just invest the money you can afford to lose, the crypto market situations won't bother you and you don't really need to worry about others panicking and selling their bitcoins even at the lower price, you just simply chill out and wait for the price to recover and make another huge comeback again just like last time. You just continue with your life activities when the price is not going well and forget the crypto market for a while because looking at it almost every day will only make you depressed and sad.

[GbitG]

Currently Bitcoin is expected to have a bull run and halving in coming time as we all know it.

Now if you were to make an investment of $100 as a beginner regardless of your country and as it stands Bitcoin is experiencing a bear market (an example) after you made 5% capital.

Initially you want to hold for a very long time but as a result of the bear market you loose your capital and half your investment yet the market is showing no sign for you to recover.
What's your next step as a first timer in Bitcoin /Altcoin trading?

I've always respected the golden rule (don't invest what you can't afford to lose) so, as a newbie in Bitcoin/altcoin trading, I did the same. Newbies often start playing intraday, but they should realize early that they can lose in an hour what they won in several weeks, so it is better to simply hodl and not worry.

Yes, it teaches you the absolutely right way of investing; that is, it tells you that you should not think of investing in something that can present a hurdle to your life. This is the best first rule for a newbie to get into the field of cryptocurrency. In investment, you should decide in advance that I can hold for so much time, ask Hometalab to apply his strategy under a specific order, and not sell it for as much time as you intend. Because it is called investment. In which you have to hold your assets in any way until you get the target of his aim.
 
So as a newbie I will always try to Hodl because Bitcoin is a single asset that does not lose its value even after a dip and follows a bullish pattern from a long term perspective. So I have the same opinion as the OP that only hodling can make up for your loss by hodling.

As a beginner, starting an investment with a smaller amount of money that he can afford to lose is the best option.

No I totally disagree with you that only for beginners is "Invest what you can afford" That only for beginners to be used "invest as much as you can afford". In fact, this is not the case. Invest what you can afford is for every person, whether he is a beginner or an expert, because everyone can lose. Bitcoin has a volatile nature and it can make everyone lose. If everyone invests all their money in Bitcoin and it gets dumped, it may become difficult for him tomorrow because he will need money and the money will have been invested in Bitcoin and he will not get anything until he eats, so it is likely that he should invest so much. As much as you can afford.

[Porfirii]

Yes, it teaches you the absolutely right way of investing; that is, it tells you that you should not think of investing in something that can present a hurdle to your life. This is the best first rule for a newbie to get into the field of cryptocurrency. In investment, you should decide in advance that I can hold for so much time, ask Hometalab to apply his strategy under a specific order, and not sell it for as much time as you intend. Because it is called investment. In which you have to hold your assets in any way until you get the target of his aim.
 
So as a newbie I will always try to Hodl because Bitcoin is a single asset that does not lose its value even after a dip and follows a bullish pattern from a long term perspective. So I have the same opinion as the OP that only hodling can make up for your loss by hodling.

Well, the long term pattern is really obvious, but we should'nt take for granted that it will last forever (although this is not the best forum to share this unpopular opinion ) and be aware that the future is uncertain and Bitcoin could lose value, maybe not in our hearts, but in the exchanges, due to market manipulation by really big actors, regulations around the world, etc.

Anyway, this is a much better approach than "gambling" all day with charts and esoteric candles, and losing not only money but also time, focus, and in extreme cases also health.

[ultrloa]

You won't have such a problem if you know what you are doing because if you just invest the money you can afford to lose, the crypto market situations won't bother you and you don't really need to worry about others panicking and selling their bitcoins even at the lower price, you just simply chill out and wait for the price to recover and make another huge comeback again just like last time. You just continue with your life activities when the price is not going well and forget the crypto market for a while because looking at it almost every day will only make you depressed and sad.

People who already experience a bear market condition avoid to commit mistakes since they don't want those feeling to get trapped so usually what experience trader to is they speculate this event will come and make sure that they are monitoring the market so if this incident will start to happen they are prepared to dump all of their crypto on their wallets so that there's no other thing that can give them stress and start again when they see some end of the dip situation they are watching for.

But for experience people who's not bother on any of this events they are still holding since what they want is to invest with bitcoin for long term. They are not focusing on current price but rather they focus to accumulate whatever the market condition it is since they believe that there are more for bitcoins in future and they don't want short time profit for this asset.

[OjAbram]

Currently Bitcoin is expected to have a bull run and halving in coming time as we all know it.

The bull run is approaching, and everyone is anticipating its arrival. However, some people, including those who are not prepared, are anticipating the bull run. Many individuals are anticipating a dip in Bitcoin to prepare for a potential bull run. Those who have already invested are hoping for a strong performance before the bull run begins.

Now if you were to make an investment of $100 as a beginner regardless of your country and as it stands Bitcoin is experiencing a bear market (an example) after you made 5% capital.

As a beginner, starting an investment with a smaller amount of money that he can afford to lose is the best option. So that even if you lose your initial investment, it won't feel as horrible. Additionally, you can also can get knowledge from bear market tactics..

Initially you want to hold for a very long time but as a result of the bear market you loose your capital and half your investment yet the market is showing no sign for you to recover.
What's your next step as a first timer in Bitcoin /Altcoin trading?

If that should be the case, bear market tactics appear to have some effect from the moment a bitcoin is bought until it is held for an extended length of time. The next step is to continue being patient until you have made back all of the investment and amassed a sizable profit. Since it is the main focus of the bear market. Whatever happens at the end of the day, you should be patient while investing and intend to hold it for a long time.

So far I think I've gain a lot from the response you all have provided and to my understanding you just have to study both bear and bull markets before making an investment.

Thank you all for this and if I do have any question I would call on y'all.❤️❤️

[Claymore2]

In my opinion, even if a bear market persists or deepens, I'll continue investing in Bitcoin. I've experienced the advantages firsthand and believe in its long-term potential. Bear markets offer opportunities to buy at lower prices, though there may be temporary losses. Ultimately, I remain confident in Bitcoin's resilience and growth prospects.