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Topic: Bear markets are for building - page 4. (Read 524 times)

legendary
Activity: 3234
Merit: 5637
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July 11, 2022, 05:04:54 AM
#34
A bear market is generally an opportunity, although only those who know how the market works understand this, so they invest at the best moment, while the majority believe that it is not the time for any investments. We can say that this is one of the reasons why the rich become even richer, and the poor mostly remain poor.

Should we or can we change it at all? I think that people should figure out for themselves what is best for them, and if they don't figure it out despite all the possible information available to them, they will miss the opportunity to secure at least a slightly brighter future for themselves. I am not referring exclusively to Bitcoin, which is still incomprehensible and complicated for many, but to any kind of investment. Many people will say that they would rather have $100 in their wallet than risk losing it, which in some cases is the right way of thinking considering the number of scams.

When you build something, you have to make sure that you have a solid foundation, because without that, it's only a matter of time before everything collapses.
hero member
Activity: 966
Merit: 588
July 11, 2022, 02:09:51 AM
#33
If you take a look, there really is a huge difference between bear markets and bull markets.
Bear markets are for building, there are a lot of innovations and projects helping the Bitcoin community especially adoption.
Yes , That is if you understand the game, but most investors both the the existing and incoming investors don't understand this, only the legendary investors do, That's why In bear market a lot of investors became so fearful and they exit the market even to the extent some of them do not come back into the market again as a result quitting with loses while some may come back only when they see that the market is beginning to rise. Therefore it takes understanding to navigate this crypto space.
legendary
Activity: 2576
Merit: 1043
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July 11, 2022, 01:01:30 AM
#32
Bear market is for building but we can consider bull market as for building as well because you can still make money whether it is a bull or bear market. It will only depends on your strategies and skills.

Bear markets alone though are for building that's why huge institutions and those intelligent investors are accumulating cryptocurrencies as many as they can because like they are always saying "Wealth are created during the bear market". Build a portfolio, buy some assets now that most of them are down especially cryptocurrencies and be patient to wait for the bull market.
legendary
Activity: 3234
Merit: 1214
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July 10, 2022, 11:10:47 PM
#31
The cartoon representation of the prevailing scenario and the future of the country where cryptocurrency is considered legal tender gives a clear understanding about the bear and the bull market impact. In real-time there will be variations, but the big money poured during the bear market will surely make changes when the market turns bullish.

Most of the big money holders were the beneficiaries of the bear market than the common people. The change have to happen from the common man. As of now El Salvador as a country have been more into cryptocurrency, but the real-time usage with the common people hasn't reached a big level. Hopefully the change will happen with time.
legendary
Activity: 2338
Merit: 1084
zknodes.org
July 10, 2022, 09:53:37 PM
#30
This is where real investors should be building their crypto portfolio not like others where they will just buy when it's at its hype. If you experienced the previous bear market then you should know this market sentiment wouldn't last long forever. Although it may take some years before the next cycle again, at least by that time we will just wait for a new ATH then reap a huge amount of profit.
Those who make purchases only when the market is hype, are those who only see market sentiment without doing some analysis. When the market goes into a bearish gorge as it is today, they stay away from it and buy nothing to fill their bags. I'm also sure the next cycle will happen, just need to be patient and prepare for the next bull market and hit a new ATH. Whoever survives and is smart in managing their finances, then they will benefit.
legendary
Activity: 2492
Merit: 1145
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July 10, 2022, 06:37:31 PM
#29
That's a nice illustration of market scenarios. Projects who started on bear market tends to be much stronger compared to the one who started on bullish market. Devs can start at a cheap or discounted coins in the market that can be the requirement of their project. They can fully take advantage of just building and having less pressure from their users because I did see rushed projects last bull market that doesn't even survive the crash and their project foundation just collapsed easily. Devs can be more focus on building so foundations can be strong and be ready for future bull market problems like security, massive flow of users, massive fundings and they can be more focus on advertising their project.
legendary
Activity: 2674
Merit: 1048
July 10, 2022, 06:19:37 PM
#28
An interesting illustration, in accordance with my experience in the market for several years. It should be great if at the end it is coupled with a repeating cycle. As far as I'm familiar with Bitcoin as such is an adventurous thing, so if a bear occurs it is likely that a bull will come. It was already like a tradition that was about to happen. This is because the user's trust is still the same and hopefully it will not be lost. This trust is what makes people buy to change the market. But it's a pity that this moment I can't use it to the fullest.
Huge gain required huge crash ...

And for those who survive to not selling any of their bitcoin ... they are the one who will get the real benefit and an unbelievable gain in the future , all we need is just a patient and keep the believer soul intact along with a thorough analysis of course , so far everything is just makes sense , a bear market is a must for a healthy market.
legendary
Activity: 3164
Merit: 1127
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July 10, 2022, 06:12:12 PM
#27
About the Crash, which for me is normal for every market, not only on Bitcoin or cryptocurrency market. When a crash, a lot of entities or companies are affected some of them are being rekt during the crash.

about the crash being something normal, I think it shouldn't be something normal. those of us who have been in this market for years can even think that normalizing this type of events with a drop of more than 50% in just 2 to 3 months is something normal because it has happened several times. But the truth is that this is not normal. this is something scary. let's imagine that someone takes some money and buys bitcoin for the price of 40,000$ thinking that they are making a safe investment, of course the person would be aware that, like every market, the price can fall to 35,000$ and go back up and be stagnant for a long time, but then that person sees that the price has dropped to $20,000? seriously this person would lose faith in such an investment. bitcoin is not a safe investment for people who need medium-term and short-term investments or who want to save their savings
hero member
Activity: 812
Merit: 560
July 10, 2022, 05:41:32 PM
#26
why people do not take bear market serious is because they are waiting for when Bitcoin will reach bottom

If this is truly there intention then they will have to wait till eternity because bitcoin can never get to the bottom, why is because it's not a shitcoin, it cannot loose value totally for nothing whereas it has never and will never be to that low esteem, though I don't know what you actually meant by saying going down to bottom but if my guess is right then bitcoin cannot go down the least expectation before others could invest, otherwise that will serve more reasons not to invest on it.

and some of the people who invest in Bitcoin is still waiting when it will fall again before they will be able to understand that this is the best time to buy Bitcoin and keep for the time it will rise.

Just as some things can't be accurately predicted, same is the bitcoin price for an investment, now is dip already and the more they may wait for more dip the higher the tendencies to be raising comes.
hero member
Activity: 1666
Merit: 513
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July 10, 2022, 05:13:49 PM
#25
The graphics really represents the function of the market's volatility and the importance of two seasons. The bear market is really an opportunity for us to buy and accumulate good coins as a preparation for the bull market in the future. It's the best time for us to build our portfolio and reap what we saw when the market recovers. Bear season is definitely for building and buying so we'll have a strong foundation when the bull market approaches.
why people do not take bear market serious is because they are waiting for when Bitcoin will reach bottom and some of the people who invest in Bitcoin is still waiting when it will fall again before they will be able to understand that this is the best time to buy Bitcoin and keep for the time it will rise. Bitcoin still have long way to take before it will meet up the 69k it from. And body who buy now will make gain when it rise
A bear market could be a Favorable environment to buy some good cryptocurrency that will give you advantage. Generally in bear market it is difficult to understand how long the decline will last or how far the price will drop. Therefore, you usually run the risk of buying too much time or losing a good investment altogether. This can be a predictable investment, so you have to be patient. You can add some coins to this bear market to make your portfolio look healthy and suitable for long term investment.
legendary
Activity: 2142
Merit: 1065
✋(▀Ĺ̯ ▀-͠ )
July 10, 2022, 04:16:39 PM
#24
I like the picture. The crash figure should have some random people running on cercles and crying bitcoin is dead. In the next figures we should see them crying in the corner bitcoin will die with tears in their eyes.
Pathetic losers.
member
Activity: 686
Merit: 21
July 10, 2022, 02:54:05 PM
#23
The graphics really represents the function of the market's volatility and the importance of two seasons. The bear market is really an opportunity for us to buy and accumulate good coins as a preparation for the bull market in the future. It's the best time for us to build our portfolio and reap what we saw when the market recovers. Bear season is definitely for building and buying so we'll have a strong foundation when the bull market approaches.
why people do not take bear market serious is because they are waiting for when Bitcoin will reach bottom and some of the people who invest in Bitcoin is still waiting when it will fall again before they will be able to understand that this is the best time to buy Bitcoin and keep for the time it will rise. Bitcoin still have long way to take before it will meet up the 69k it from. And body who buy now will make gain when it rise
hero member
Activity: 1820
Merit: 537
July 10, 2022, 02:27:50 PM
#22
The graphics really represents the function of the market's volatility and the importance of two seasons. The bear market is really an opportunity for us to buy and accumulate good coins as a preparation for the bull market in the future. It's the best time for us to build our portfolio and reap what we saw when the market recovers. Bear season is definitely for building and buying so we'll have a strong foundation when the bull market approaches.
hero member
Activity: 3038
Merit: 634
July 10, 2022, 12:57:11 PM
#21
I like those graphics and I've seen the same graphics somewhere in social media. Well, typically, bear markets shouldn't be feared when you've been into the crypto market for sometime and even with other financial markets.

It's known to be the right time to buy and the rich understands it and that's why they're getting richer. Like we know, it's a cycle and they've been preparing not only for the bull run but also waiting for the bears to come.

On the next bull run, more millionaires will be made.
legendary
Activity: 2338
Merit: 1084
zknodes.org
July 10, 2022, 09:38:07 AM
#20
An interesting illustration, in accordance with my experience in the market for several years. It should be great if at the end it is coupled with a repeating cycle. As far as I'm familiar with Bitcoin as such is an adventurous thing, so if a bear occurs it is likely that a bull will come. It was already like a tradition that was about to happen. This is because the user's trust is still the same and hopefully it will not be lost. This trust is what makes people buy to change the market. But it's a pity that this moment I can't use it to the fullest.
hero member
Activity: 2366
Merit: 594
July 10, 2022, 03:20:11 AM
#19
This is where real investors should be building their crypto portfolio not like others where they will just buy when it's at its hype. If you experienced the previous bear market then you should know this market sentiment wouldn't last long forever. Although it may take some years before the next cycle again, at least by that time we will just wait for a new ATH then reap a huge amount of profit.
legendary
Activity: 1358
Merit: 1565
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July 10, 2022, 01:38:11 AM
#18
Well, I think what the creator of the thread says is somewhat true, because in bear markets the weakest companies disappear and for the next bull market the companies that are healthier from their foundations remain. But it is a never ending story, as the bull market develops, bad companies that can survive because of the amount of money circulating and the bullish environment in general, not because of their management.

hero member
Activity: 1442
Merit: 775
July 10, 2022, 12:16:14 AM
#17
Check builders and their building activities on Github with CryptoMiso.

https://www.cryptomiso.com/

It is one of things to assess a project and more things to check but at least if a project has good number of commits on Github, that project has development activities and it  can be developed more and can grow more during the bear market.
legendary
Activity: 2506
Merit: 1394
July 09, 2022, 11:19:13 PM
#16
Technically innovators aren't affected by the price and the market drama that much, if anything I'd say during bull markets when everyone is happy is a better time for "building" since it also attracts more people compared to the time when the price goes down and the internet is filled with gloomy discussions that bums everyone out.

P.S. The picture shows this too with the dude wearing a white hat on rightmost part of the picture who is present in all the stages with the same happy face!



It seems it is the president of the El Salvador, Nayib Bukale. We all know that Bitcoin maximalists, Bitcoin is now legal tender in their country El Salvador, and they recently bought some bitcoin when Bitcoin dropped around $20,000.
He became a model in the picture, which is present in all stages like he doesn't care what kind of market we are experienced.
legendary
Activity: 3472
Merit: 10611
July 09, 2022, 11:05:14 PM
#15
Technically innovators aren't affected by the price and the market drama that much, if anything I'd say during bull markets when everyone is happy is a better time for "building" since it also attracts more people compared to the time when the price goes down and the internet is filled with gloomy discussions that bums everyone out.

P.S. The picture shows this too with the dude wearing a white hat on rightmost part of the picture who is present in all the stages with the same happy face!
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