All those pictures OP will represent the personal opinion ( or even the most). In every situation, people will simply think differently as during a bear market - they will think negatively and sometimes panic while during a bull market - they are positive and could see their faces are happy.
As we can see that many people are entering the market during the bull market, however, only a few people will be able to stay when the market crash arrives, and many just leave the market. That is why adoption will take even longer than expected, I could presume that it will take another decade or even more before we got into a bigger percentage.
Topic: Bear markets are for building - page 2. (Read 524 times)
Large number of investors have liquidated the holdings. This too caused the market to turn bearish. However the market is experiencing slight bullish move at times. This means the market haven't gained resistance to push the market. Days back when the information on inflation got released, the market got down to $20k. The market haven't dumped much, so relief rally could happen in the upcoming weeks.
The illustration speaks a whole lot. During bull market everything seems green and many misinterpret the moment as time to build whereas building and accumulation is a thing of the bear. Bullish season is a reward season, a compensation season as well for patience. some times the FOMO push new investors to start building when the bulls have exhausted their grip.
Just like an african proverb says you don't search for a black goat at night. Investment is appreciated when everything seems down
That's how people see the bullish market as a time for everything because the prices are very positive and they even believe that these prices will stay on top and won't fall down anymore. These people might not only be selling their coins, but also be buying new coins. And when the market suddenly crash, they start losing everything. Although people seem so stupid if we think, but i guess that's how they learn and cope up in the crypto market, they always learn it the hard way.Just like an african proverb says you don't search for a black goat at night. Investment is appreciated when everything seems down
Only newbies fall for that kind of thinking. If you have been in crypto long enough, you know that when it is already peaking, there is no other direction but down. It is a pity that there are still lots of people falling under that description, maybe because there are tons of people hyping crypto when it is pumping and lack of education and experience on crypto for newbies. A lot of newbies are obsessed on investing on bitcoin when it is at its peak rather than investigate or gather data if that is the right time for them to enter it. Sad thing is, when the market crashes, we also lose those newbies because they would think that it is a scam. It has negative effect on crypto.
It is important we educate newbies and try to get them into crypto while the market is down. Those who got in while the market is down will likely to stay when the market pumps and bullish. And they won't be easily disappointed when the market turns back to bearish. So, bear market is not just an opportunity to build your own crypto portfolio but also an opportunity to lure more crypto newbies in and turn them into enthusiast.
This is the right market situation for investing in bitcoin as the prices have lowered. The same thing we used to do with gold. When the prices of gold go down we invest.
In cryptos, a bearish market is a great opportunity for investing unlike in bearish forex or stocks. Many experts and big financial institutes have predicted the market correction to start by the end of the year.
Interesting representation but still not funny as we continue to dive into the bearish world. That’s being said, we are even close to building the amazing world as shown in the drawing for bitcoin. That’s really fourth dimensional world for bitcoin as of now considering Governments not supporting its mining operations, low rate of progress can also be seen poor regulatory norms for its existence. Many countries using bitcoin just to keep their currencies in upward drift (like Nigeria, El Salvador, Thailand etc) and states like NY from powerful country is trying to mask the mining operations with hard electricity regulations.
Just hope to see breathing bubble for crypto soon.
Just hope to see breathing bubble for crypto soon.
The illustration speaks a whole lot. During bull market everything seems green and many misinterpret the moment as time to build whereas building and accumulation is a thing of the bear. Bullish season is a reward season, a compensation season as well for patience. some times the FOMO push new investors to start building when the bulls have exhausted their grip.
Just like an african proverb says you don't search for a black goat at night. Investment is appreciated when everything seems down
That's how people see the bullish market as a time for everything because the prices are very positive and they even believe that these prices will stay on top and won't fall down anymore. These people might not only be selling their coins, but also be buying new coins. And when the market suddenly crash, they start losing everything. Although people seem so stupid if we think, but i guess that's how they learn and cope up in the crypto market, they always learn it the hard way.Just like an african proverb says you don't search for a black goat at night. Investment is appreciated when everything seems down
season or market condition on which you would be seeing your portfolio is dropping on the floor which is a usual or normal concept or movement in this market.We cant really just having that upward
movement forever.Its true that bear markets are the best times for you to get in and not to freak out and crying just because you are on negative.
Once you do get that sufficient experience then you would see these movements to be that a good opportunity for you to get in.
The illustration speaks a whole lot. During bull market everything seems green and many misinterpret the moment as time to build whereas building and accumulation is a thing of the bear. Bullish season is a reward season, a compensation season as well for patience. some times the FOMO push new investors to start building when the bulls have exhausted their grip.
Just like an african proverb says you don't search for a black goat at night. Investment is appreciated when everything seems down
That's how people see the bullish market as a time for everything because the prices are very positive and they even believe that these prices will stay on top and won't fall down anymore. These people might not only be selling their coins, but also be buying new coins. And when the market suddenly crash, they start losing everything. Although people seem so stupid if we think, but i guess that's how they learn and cope up in the crypto market, they always learn it the hard way. Just like an african proverb says you don't search for a black goat at night. Investment is appreciated when everything seems down
Panic selling also does not mean losing money, but it could be that they sell it while it is still in the profit area and will buy again after they are sure that it is a good area.
I won't agree here, panic seller means he sells due to fear of loss. Most likely he won't able to buy back due to fear. What you mentioned it's has been done by real traders. They could even make money in a bear market. They sell in dip and buy in more dip. But panic seller means he will out from that token or coin. If sold in bear and buy again in more dip, then he isn't a panic seller, he is an experienced trader. An experienced seller won't be a panic seller at all. In the end, the rich will get richer and the weak will remain weak even though some of them are brave enough to take risks to their economic conditions. I remember one message, don't worry too much if you are hungry for 1 to 2 years if you want to invest because in the next 3 to 5 years there will be a chance that you will be full more than what you imagine.
Well, I wouldn't get to the point where I am hungry. To think and function properly you need to take care of yourself. You can get another part-time job, but be careful what you sacrifice for a 5x-10x opportunity. But yes, cutting expenses and allocating more to the "investment bucket" of your personal finances during times of market downturns can be extremely rewarding. But again, you need to make sacrifices and nothing guarantees a return.
Unfortunately most of the newbies, beginners and average Joes out there are not treating bear market as "building" stage as they are panic selling in the first place. I was guilty of that before as I panic sell my Bitcoin back then and afterward I had a lot of regrets.
As of today, I keep "building" my Bitcoin portfolio by doing dollar-cost averaging (DCA) every month. Tomorrow or in a couple of days from now I'll be receiving another extra "not beer" money for me to accumulate some BTC again to build my wealth for the long-term.
Not everyone is able to do it exactly like you because it only depends on their financial condition. Someone who sells panic also has reasons why they should sell, and I don't think they are guilty of what they did to manage their investment capital. I think everyone is aware that building a portfolio during a crash will help them earn a commensurate return in the future, but most people can't because they can't accept the higher risk.As of today, I keep "building" my Bitcoin portfolio by doing dollar-cost averaging (DCA) every month. Tomorrow or in a couple of days from now I'll be receiving another extra "not beer" money for me to accumulate some BTC again to build my wealth for the long-term.
Panic selling also does not mean losing money, but it could be that they sell it while it is still in the profit area and will buy again after they are sure that it is a good area. But if you are a long term holder, then you should not sell on a crash. You should buy and build a portfolio, it would be great to expect it to be big in the future.
Unfortunately most of the newbies, beginners and average Joes out there are not treating bear market as "building" stage as they are panic selling in the first place. I was guilty of that before as I panic sell my Bitcoin back then and afterward I had a lot of regrets.
As of today, I keep "building" my Bitcoin portfolio by doing dollar-cost averaging (DCA) every month. Tomorrow or in a couple of days from now I'll be receiving another extra "not beer" money for me to accumulate some BTC again to build my wealth for the long-term.
True, Most People or projects who just entered on the euphoria phase of bitcoin would be definitely crash because of the ignorance of understanding that we have a market cycle and bear market is inevitable. Most of us experience this first before we understand how market works and I myself also experienced it last bear market. People and projects who stop now will regret in the future for not keep building their project plans and portfolio. I've seen some projects last bear market who stop building and producing their products and somehow showed up during bull market phase and tried to revive the project, It failed as expected. As of today, I keep "building" my Bitcoin portfolio by doing dollar-cost averaging (DCA) every month. Tomorrow or in a couple of days from now I'll be receiving another extra "not beer" money for me to accumulate some BTC again to build my wealth for the long-term.
The bear market, project developers will have more time to build their ideas and and create more mature products until the bull market kicks in.
How? Time spent developing their project should be the same whether it's bull market or bear market. It's a red flag if a developer thinks he'll have more time to relax on an uptrend. What could be the advantage to them is to work in silence because it's the period where their investors/traders have less activity.During the bull period however, if you are too late to the party then you will be releasing when the market goes down, and you will not be getting anything good out of it. That's why there are projects taking some time and they are waiting for the bull period for TGE.
Unfortunately most of the newbies, beginners and average Joes out there are not treating bear market as "building" stage as they are panic selling in the first place. I was guilty of that before as I panic sell my Bitcoin back then and afterward I had a lot of regrets.
As of today, I keep "building" my Bitcoin portfolio by doing dollar-cost averaging (DCA) every month. Tomorrow or in a couple of days from now I'll be receiving another extra "not beer" money for me to accumulate some BTC again to build my wealth for the long-term.
As of today, I keep "building" my Bitcoin portfolio by doing dollar-cost averaging (DCA) every month. Tomorrow or in a couple of days from now I'll be receiving another extra "not beer" money for me to accumulate some BTC again to build my wealth for the long-term.
Yes they are as the next step after things are torn down is to, you guessed it, rebuild. Those cryptos that have proved to be worthy will be part of the process and others that have proven to be scam or of no value will die. This shitcoin graveyard is quite vast.
It is fact and the first time I knew about it is from Vitalik Buterin in bear market 2018. I am sure Vitalik likely is not a first person who said about it.
After each bear market, Bitcoin has more value - yeah value, not price. Price growth is a consequence of value growth. If we talk about altcoins, in bear market you can find truly potential altcoin projects. It is different than in bull market when people are over hyped with quick-rich stories and forget about fundamentals. Many potential in bull market will die in bear market but potential ones in bear market will more hardly to die. Many of them will become rising stars in next bull run.
There are a lot of things that need to be fix in the bear market, that turn out to be opportunities. While the smart people are aware of that, people with less knowledge and experience will surely do the opposite. Instead of seeing the bear market as a time for repair and building wealth, people resort into quick judgement of the market and eventually leave. That is why majority of the investors are not seeing themselves profitable because they only see the benefits in a bullish market but are never brave enough to sustain their yearning when the market is bearish. After each bear market, Bitcoin has more value - yeah value, not price. Price growth is a consequence of value growth. If we talk about altcoins, in bear market you can find truly potential altcoin projects. It is different than in bull market when people are over hyped with quick-rich stories and forget about fundamentals. Many potential in bull market will die in bear market but potential ones in bear market will more hardly to die. Many of them will become rising stars in next bull run.
I think the bear market should be for building, but it usually isn't in real life. Investors often turn their backs on Bitcoin when it falls, media write articles on how Bitcoin will never recover or how much lower it will go from there, and most adoption news happen, I think, during the bull market. So the bear market is a time when some build up their hodlings, but when new players, IMO, rarely join the game because they're not sure the game isn't over. It feels like there's less FUD during this bear market than there was during the 2018 one, but maybe it's just my personal perception of things.
That is just the way it is, many people only want to join when the market is hot, but by the time they do so most of the bull market has already passed them by.It is because of this it is important to join at some point in which the bear market is not presenting too much movement, like right now, and then slowly build up your holdings until you are satisfied with them, this way you not only get in the market for a low price you are also able to enjoy the full bull market without the need to time your entry as traders try to do.
It's nice. I like it. Thank you for sharing. It gives hope.
This is what we need in times of a bear. FUD is already scattered in social media so this forum be better positive about Bitcoin.
Not about the price, but about the technology.
I doubt it will be less valuable in the upcoming months as more people minds are opened and soon they will be back when the economy gets better.
This is what we need in times of a bear. FUD is already scattered in social media so this forum be better positive about Bitcoin.
Not about the price, but about the technology.
I doubt it will be less valuable in the upcoming months as more people minds are opened and soon they will be back when the economy gets better.
The idea that each bull market takes us even further than the previous bull market should make people understand something. I mean it is an obvious idea that we would be bigger than 68k when the next bull comes, so why worry right now? I personally buy as much as I can afford, knowing full on well that I will make 5x profit when that happens.
I look around and have absolutely nothing else I think could make me 5x in the same span of time. Maybe it exists, but I am not aware of it and that is why I trust bitcoin more than anything else to get me rich. This is why we should all buy now, and wait for the next bull market, when that happens, we will be much richer.
I look around and have absolutely nothing else I think could make me 5x in the same span of time. Maybe it exists, but I am not aware of it and that is why I trust bitcoin more than anything else to get me rich. This is why we should all buy now, and wait for the next bull market, when that happens, we will be much richer.
The bear market, project developers will have more time to build their ideas and and create more mature products until the bull market kicks in.
How? Time spent developing their project should be the same whether it's bull market or bear market. It's a red flag if a developer thinks he'll have more time to relax on an uptrend. What could be the advantage to them is to work in silence because it's the period where their investors/traders have less activity.And for investors, the bear market is a time to build a rich portfolio because it is possible to buy coins at a discount, if we want to buy low and sell high, this is an opportunity that must be used to the maximum. Don't let the bull market come to us to regret.
I would add that apart from buying, investors might find staking as another way of increasing their portfolio. Buying at a discount and letting it grow while not doing anything is a good combination. There are many platforms that has such features like binance.com, mycointainer.com, and other big exchanges at rates that are still higher in comparison to what banks offer. Jump to: