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Topic: Bitcoin Bear Market (Read 548 times)

hero member
Activity: 1498
Merit: 711
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May 01, 2023, 12:59:26 PM
#71
A bear market can be a frustrating time for bitcoin entrepreneurs mostly, but those who are able to adapt and navigate the market conditions can still be successful, meanwhile. A bear market can make it even more unpredictable, increased competition and lower profit margins for existing bitcoin entrepreneurs.
I think there're more problems facing bitcoin entrepreneur in a bear market that I don't even know about as a Newbie.
I want us to understand that without bearish market or bearish season bitcoin will not stand firm, because its because  bearish market is one of the things that is making the market of cryptocurrency to stand, without bearish and bullish market in cryptocurrency especially bitcoin they will be no profit making, so when we experience bearish I don't panic.
legendary
Activity: 1904
Merit: 1176
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May 01, 2023, 06:52:39 AM
#70
Based on my own experience and not financial advise. The reason why I don't regret investing money into crypto is that, I find ways to have lucrative source of income different from my previous work or should I consider side hustle and if possible I would want it to be crypto in salary since it is a side hustle. Due to my kind of mentality, even if I didn't want to buy bitcoin, for the past few years I managed to accumulate bitcoin and alt-coins from my side hustles.

It is important to be able to keep the profit, because it will be your capital for further investment. If you failed to do this, then you will only watch how the balance on your wallet will increase in the bull market and decrease in the bear market, and in the case of altcoins, you can get big losses. But if you can take profits in a bull market, even if it is stablecoins, then in a new bear market you will have an excellent opportunity to multiply them again.
hero member
Activity: 966
Merit: 588
May 01, 2023, 06:44:07 AM
#69
A bear market can be a frustrating time for bitcoin entrepreneurs mostly, but those who are able to adapt and navigate the market conditions can still be successful, meanwhile. A bear market can make it even more unpredictable, increased competition and lower profit margins for existing bitcoin entrepreneurs.
I think there're more problems facing bitcoin entrepreneur in a bear market that I don't even know about as a Newbie.

This is just depends on your perspective or view about the bear market which you need to change, literally it can be a fustrating time for the bulls in particular, however some legendary investors see the bear market as a great opportunity in the market to get rich. So, if your goal is on the long term, there is no need to worry about the short term volatility of Bitcoin or even the bear market along the road. When I got into crypto new, I was so afraid of Bitcoin crashing in price but now my perspective on bear market has changed and I see it more as e great opportunity to get Bitcoin and cryptos in discount prices. Invest the amount you can afford to lose and put your mind at rest mate!.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
May 01, 2023, 06:24:41 AM
#68
Bitcoin entrepreneurs? What's that? Do you mean traders?
Those who are setting up bitcoin based businesses or startups. Traders are not indicated here.

However I disagree with the OP's statement. I think if a company has potential and solves an actual problem they are able to collect money in a bear market too because of the demand they will get from the market. If their sole objective is to collect money and get away with it, then obviously bull market is when they will strike.

Quote
Bear market for Bitcoin is not a problem, it's time to buy if you have money but if you have no money, stay calm and wait.
For small-cap investors this is what is suggested instead of breaking your head on your PC. But patience is lacking in most investors which leads to their demise in a few months or so.
sr. member
Activity: 588
Merit: 351
April 25, 2023, 12:52:33 AM
#67
Based on my own experience and not financial advise. The reason why I don't regret investing money into crypto is that, I find ways to have lucrative source of income different from my previous work or should I consider side hustle and if possible I would want it to be crypto in salary since it is a side hustle. Due to my kind of mentality, even if I didn't want to buy bitcoin, for the past few years I managed to accumulate bitcoin and alt-coins from my side hustles.
full member
Activity: 882
Merit: 100
April 24, 2023, 11:59:24 PM
#66
Bitcoin price has seen some changes this year. We expect this to indicate a bull market.Although now bitcoin is going up and down between 30k.Hope to reach the bull market soon.Since Bitcoin is a volatile asset, the price fluctuates up and down because that is the nature of Bitcoin.There is no shortage of panicked people in the Bitcoin trading sector, who are panicking and selling Bitcoin at low prices.When people want to buy bitcoins, they want a bear market, and when they buy bitcoins, they want a bull market.But the general thing is that both sides are unpredictable, that's way people become more and more afraid.
full member
Activity: 406
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April 24, 2023, 07:46:19 PM
#65
A bear market can be a frustrating time for bitcoin entrepreneurs mostly, but those who are able to adapt and navigate the market conditions can still be successful, meanwhile. A bear market can make it even more unpredictable, increased competition and lower profit margins for existing bitcoin entrepreneurs.
I think there're more problems facing bitcoin entrepreneur in a bear market that I don't even know about as a Newbie.

That is true a bear market is so frustrating specially when you bought your Bitcoin at a very high price and then suddenly it drops very low. If you had been in the market for a long time you will get used to it because bearish season is just temporary every experienced investors knows about that. Wait for the market to recover and i believe that your investment will profit just hold on unto it and never sell your investment at loss. Always think of the positive side do not stress your self too much.
sr. member
Activity: 658
Merit: 441
April 24, 2023, 04:49:49 PM
#64
A bear market can be a frustrating time for bitcoin entrepreneurs mostly, but those who are able to adapt and navigate the market conditions can still be successful, meanwhile. A bear market can make it even more unpredictable, increased competition and lower profit margins for existing bitcoin entrepreneurs.
I think there're more problems facing bitcoin entrepreneur in a bear market that I don't even know about as a Newbie.
Well... The bear market is not all bad. While it's a time when assets dropped down in their value or prices, It's also an important time to buy at cheaper prices and also learn how the market works. I say this because I happened to have few dollars worth of BTC some years ago and it was the bull season, and I was naive to think it was going to stay that way for sometime. Then, the bear season kicks in and my asset plummeted. I panicked and I almost sold but I did not. After sometime the market bounced back and I made some profit. Then, I was new to crypto but I was reading and some of the information I came across helped me to hold on to my BTC. My point is the bear is a time to invest and hodl, learn about the market and to test your patience.
sr. member
Activity: 882
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April 24, 2023, 12:34:56 PM
#63
I think they shouldn't just focus on the negative aspects of the bear market, for example feeling FOMO as conveyed by the logfiles and other examples is  feeling regret for not buying Bitcoin at a lower price and I think that's normal. It is true, that some may have sold their Bitcoins at a loss due to FOMO or bought at the peak, but it is important to view a bear market as an opportunity to collect more Bitcoins in preparation for the next bull market as history has shown that Bitcoin has provided significant returns over time to time and there is always an opportunity to invest in this money market.
copper member
Activity: 511
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April 24, 2023, 12:02:45 PM
#62
The bear market is an opportunity to invest more in Bitcoin for a long time holding, because the entry point matter a lot, in cryptocurrency industries business Bear market is good to buy, while waiting for Bull run, for a maximum return investment profits.
It's true that bear markets can be an opportunity to buy assets at a lower price, including Bitcoin. However, it's important to do your own research and assess the potential risks and rewards before investing. It's also important to have a long-term investment strategy and not make decisions based solely on short-term market fluctuations.
full member
Activity: 434
Merit: 100
Hexhash.xyz
April 24, 2023, 11:02:01 AM
#61
The bear market is something that makes people rich or lost of funds, if you're not patient type, and as a cryptocurrency trader's or investors have to work on your emotion, and don't let the market movements control your emotion of selling off during the bear market, but rather see it as an opportunity to feel up your bag's by buying more Bitcoin.
As a cryptocurrency trader or investor, you should be aware that market swings, including bear markets, are a natural part of the investment environment. Bear markets are characterized by falling prices and market pessimism, and they can result in losses for individuals who panic and sell out of fear.Bear markets, on the other hand, might give chances for individuals who are patient and strategic in their approach.
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April 24, 2023, 10:11:46 AM
#60
The bear market is a hidden secret of the wealthy. The wealthy make use of bad time to produce amazing future. When the market is bearish, it points majorly on one direction which is "buy, buy more, fill your bags to your satisfaction, cross your legs and wait for the next bull run". Many investors are not shaking by the bearish market as they understand the principle of diversification. If your eggs are not in one basket, you have nothing to fear about the bear market, instead you see it as opportunity  to buy more and make more profit. To achieve this, you must do away with the get Rich syndrome among many crypto investors. This will enable you enjoy your profit when it finally arrives. Been too worried about the current market situation can also put your health at risk. To avoid this, you should always invest on different things.
sr. member
Activity: 1610
Merit: 264
April 24, 2023, 08:44:55 AM
#59
All you need to know about a bull market is that this is the best time to buy bitcoin, and the problems that a bitcoin entrepreneur has to face are not something to worry about. Everyone knows about the volatility of bitcoin and its cyclicality (well, at least many), so this should be taken into account, so this does not become some kind of problem in the future.

In my first bear market, I didn’t do anything, I didn’t sell anything, I didn’t buy anything, I just watched and thought - this is the end, so I missed every possible opportunity that existed in the cryptocurrency market. Now I understand the cyclicality of the market and I intend to take advantage of it, buy in a bear market and you will be fine.
Do you mean "bear market" is the best time to buy Bitcoin? There's volatility but there should always be that point where you would be able to buy. It still has its own pattern, just randomized overall. Remember when people where eyeing for bull run during May 2020 when Bitcoin Halving was drawing near? Yeah that one is a pattern that people could somehow take advantage.

As long as the one you bought is not really something you would be worry about losing, there's nothing to worry about.

Luckly is almost over, soon we are going to see huge pumps
Fingers crossed, arent't we? Cheesy
jr. member
Activity: 408
Merit: 3
April 24, 2023, 07:55:44 AM
#58
The bear market is something that makes people rich or lost of funds, if you're not patient type, and as a cryptocurrency trader's or investors have to work on your emotion, and don't let the market movements control your emotion of selling off during the bear market, but rather see it as an opportunity to feel up your bag's by buying more Bitcoin.
full member
Activity: 308
Merit: 109
April 24, 2023, 01:29:23 AM
#57
A bear market can be a frustrating time for bitcoin entrepreneurs mostly, but those who are able to adapt and navigate the market conditions can still be successful, meanwhile. A bear market can make it even more unpredictable, increased competition and lower profit margins for existing bitcoin entrepreneurs.
I think there're more problems facing bitcoin entrepreneur in a bear market that I don't even know about as a Newbie.
In my opinion in the bear market some experience investors take advantage of the chance to acquire more when prices are low also bear markets can be a period for a strategic buildup of Bitcoin holdings at cheaper prices. But before making any investment decisions during a bear market its crucial to thoroughly weigh the dangers and conduct extensive research. The Bitcoin sector can face difficulties during bear markets, including diminished profitability high competition and unpredictability.
sr. member
Activity: 1316
Merit: 356
April 18, 2023, 04:36:06 AM
#56
The bear market is an opportunity to invest more in Bitcoin for a long time holding, because the entry point matter a lot, in cryptocurrency industries business Bear market is good to buy, while waiting for Bull run, for a maximum return investment profits.
I agree. A bear market is a market condition that allows us to buy at the lowest possible price. This is not the moment to sell, yet we can see that many people are still selling; they term this "weak hands." Spot trading is difficult to make money in a down market. And futures trading is the only method to make significant profits in a bad market, but it is extremely dangerous. If you want to bag cryptocurrency for the long term, the bear market is the best time to do it. And I encourage investing in Bitcoin if you're a newbie especially if you're afraid to take risks.
sr. member
Activity: 1344
Merit: 311
April 18, 2023, 04:09:32 AM
#55
I think there're more problems facing bitcoin entrepreneur in a bear market that I don't even know about as a Newbie.

When a bear market occurs and of course it will have a negative impact, but don't always look at the negative side too much, and maybe we think those who are weak mostly sell it from and we think this is wrong, and take it from the positive side of the bear market we can actually use it as a time the right thing to do is buy Bitcoin and wait for the price to rise again, what is really needed as investors requires an attitude that is not easily frustrated, with this they will be ready to take all the risks in the future.
member
Activity: 519
Merit: 12
April 18, 2023, 03:12:59 AM
#54
The bear market is an opportunity to invest more in Bitcoin for a long time holding, because the entry point matter a lot, in cryptocurrency industries business Bear market is good to buy, while waiting for Bull run, for a maximum return investment profits.
full member
Activity: 518
Merit: 184
April 17, 2023, 10:12:38 PM
#53
A bear market can be a frustrating time for bitcoin entrepreneurs mostly, but those who are able to adapt and navigate the market conditions can still be successful, meanwhile. A bear market can make it even more unpredictable, increased competition and lower profit margins for existing bitcoin entrepreneurs.
I think there're more problems facing bitcoin entrepreneur in a bear market that I don't even know about as a Newbie.

Bear Market is frustrating time specially to all newbies in the market because they are still on the process of adopting the risks of investing. Weather it is Bear or Bull Market it is both unpredictable. Being an ordinary investor who lacks knowledge in investing i suggest that do your own research before taking risks in investing. Evaluate first the market before investing in your chosen crypto and invest only what you can afford to loose. Make sure to scattered your investment so that you will not loose everything in just one investment.
legendary
Activity: 2576
Merit: 1252
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April 17, 2023, 06:36:57 PM
#52
It is not yet confirmed but are anticipated by many investors in order for them to be able to "ride" the pump before bull run comes. There will always be a way to earn profit no matter what trend is present; futures trading. Qherein an individual could earn huge by predicting what happens or what would happen for the next time frame concerning the market value of crypto.
A bear market can be a frustrating time for bitcoin entrepreneurs mostly
No I think it's not, because mostly it's a favorite time for any investor to invest in Bitcoin at very cheap price trough Dollar Cost Average ( DCA). Mostly fool investor were frightened during bear season and they sell Thier worthy Bitcoin very cheap due to FOMO rather than hold it for a future.
May be it can be bad for those who are short term investor with a zero knowledge, because it's very difficult for any investor to read the Bitcoin chart movement perfectly so the best option for them to hold all your Bitcoin during bear season till bull market or long too where you assests will bullish huge.
It is just that investors are making use of every opportunity they would encounter. And indeed DCA is one of the best thing to do when the market is bearish. One thing which confuses some investors is that, bearish does not mean just downfall ofcourse there will be small pumps wherein DCA or trading would work to generate profit.
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