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Topic: Bitcoin Is Now Officially In Its Longest Bear Market Ever - page 2. (Read 1066 times)

legendary
Activity: 2128
Merit: 1775
Yes, I read this news, about the official Bitcoin in the Bear market, this is a good sign for cryptocurrency to come, especially Bitcoin, this is the most positive thing in investment, investors etc., I hope this news becomes a reality, well, in this case i took onein conclusion, Bitcoin will experience a very large pump.that's my prediction.
hero member
Activity: 1190
Merit: 500
Worrying too much wouldn't solve anything. The fact is, if you bought high and "lost money" there's nothing you can do to recoup that unless you stay and wait this out. Brace yourselves, it can get even lower. I just try to tell my self that whales are in hoarding phase and we'd get better news in 2020.
And thats your fault, it's your fault when buying ATH, and now you have to bear it all, after the price skyrocketed there will definitely be bearish in a period that cannot be determined, so if you have already bought, then you must be prepared with all the risks . of course there are things you can do like cutlose, a lot of people do that, to save their assets. some others hold back, maybe it's only for people who are patient
legendary
Activity: 3500
Merit: 6981
Top Crypto Casino
I don't know that we've been in a bear market for the last few months, as bitcoin's price has been just flat.  It's been more of a stretch of price stability.  Bear markets are defined as something like a drop of 10% over the course of a year, but it seems like that already happened quite a while ago--the drop from $20k to where bitcoin is today happened relatively quickly, and it's been stalled for what seems like forever.

If bitcoin stayed in the $3500-4000 range for all of 2019, I don't think that would qualify as a bear market.  Nevertheless I'm hoping that btc doesn't remain in that rangr all year, that it can at least hit $5000 by year's end.  A stable price might be great if you're using btc as a currency, but I rarely do.  And new investors generally won't be attracted to an asset that isn't doing anything.
hero member
Activity: 1764
Merit: 584
Worrying too much wouldn't solve anything. The fact is, if you bought high and "lost money" there's nothing you can do to recoup that unless you stay and wait this out. Brace yourselves, it can get even lower. I just try to tell my self that whales are in hoarding phase and we'd get better news in 2020.
hero member
Activity: 1078
Merit: 537
yeah  Sad it is so pity that new investors that bought last year lost very big money. they are very unlucky. but it is good for the ones that will join nowadays. the prices are mostly at deepest points.
member
Activity: 482
Merit: 10
https://www.empirehotels.io/
yeah you're right, this year is the history of the most bitcoin decline as long as bitcoin is found.
This really low price might end at the end of the year
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
right because the decline of bitcoin always takes a little time but from 2018 then bitcoin until now there hasn't been a good change. so it was the longest bitcoin decline in 2018
There is always the first time of everything. Bitcoin has experienced its longest bear market from 2018 till now yet it remains the number one cryptocurrency on the market. This means that it has got the potentials to rise up again. Patience is very necessary in order to hold the valuable coins through this long bear market.
When you first hear about this it may seem very impressive to know that the bear market we are experimenting is the longest ever to happen to bitcoin but when you remember that bitcoin is only 10 years old that fact soon losses the impact, I will be way more worried if bitcoin was 100 years old, that will really be an exceptional event in the history of bitcoin and when you consider that the length of it is barely more than a year long when other markets have suffered for years or even decades then this is not a big deal.
member
Activity: 672
Merit: 14
right because the decline of bitcoin always takes a little time but from 2018 then bitcoin until now there hasn't been a good change. so it was the longest bitcoin decline in 2018
There is always the first time of everything. Bitcoin has experienced its longest bear market from 2018 till now yet it remains the number one cryptocurrency on the market. This means that it has got the potentials to rise up again. Patience is very necessary in order to hold the valuable coins through this long bear market.
member
Activity: 232
Merit: 11
I feel it gives a long opportunity to keep investing as we are sure BTC is still evolving and several changes will takes place globally, that will be to it's advantage,  I feel the 2017 bull run is quite over rated, therefore the correction might take a while, then we can be assured of the bull, I trust the BTC community,Iwill keep holding
capitalizing on the current situation can make us make many profits in the future, if prices continue to fall this can be an opportunity, this is our opportunity to invest with small capital. because at a low price, our chances of making a profit are also large, so don't give up seeing an uncertain bitcoin market, always making all business opportunity situations.
member
Activity: 336
Merit: 10
So I think patience is the best thing at this time to defeat our greed who want prices to rise quickly, because the Bitcoin market is not as easy as we eat rice, it takes years to see good price movements, so we will know that Bitcoin always gives we have the best surprise.
jr. member
Activity: 66
Merit: 1
I think it's alright if this is the longest time of low price of bitcoin because I think the price is going to be natural price then after it will going up again. As long we can use the bitcoin and still there a value I think it not a problem. Unless you want a instant that you want a instant money back. In crypto we need a patience and we need to wait in the right price so you can say that you can get a good profit.
member
Activity: 630
Merit: 20
Not surprising at all. The market does the small bull run then dumped again. It gives hope to the trader and hodler.
In fact, I have been waiting for the huge bullish trend and I think I will wait longer than I have waited before. Some trends are just ways to make this market's more vague.
hero member
Activity: 3052
Merit: 606
Bitcoin has officially entered the longest stretch of declining prices in its 10-year history.

The world’s oldest and most valuable cryptocurrency achieved an all-time high of $19,764 on Dec. 17, 2017 on the CoinDesk Bitcoin Price Index and has printed a series of lower price highs ever since, making February 2 (as per UTC time), the 411th consecutive day prices have been in decline.

As such, bitcoin’s latest stretch surpasses the duration of the infamous 2013-2015 bitcoin bear market, which spanned 410 days from its price high to low.

the full article can be found here https://www.coindesk.com/bitcoins-price-longest-ever-bear-market

This is the best part of this market situation as its takes time for us to accumulate many coins while the price is at cheap. Moving forward the market will recover at the right time and nothing we can do with it unless we have a huge amount of money that can use to reverse the market flow. The market will only go on bull if we have a good reason that people will buy more coins for daily consumption which this will lead to mass adoption. We just need to be patience to wait for that recovery.
Exactly.There's nothing we can do about this so we need to be more patient as much as we can because this is the only way if we want to stay longer in this volatile market.I think this market price will not stay forever and soon we will see recovery.So let's grab this chance to purchase more potential coins so we can gain huge profits once bull run hits the market.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
I do not think we are in a bearish phase, in fact We are not bearish, I have studied the market and I have seen, identifying their accumulation, trends and distribution phases, with these arguments I can affirm that we are in a phase of accumulation, where these types movements are normal, because the premise of the accumulation is to eliminate the offer, and accumulate as many bitcoins as possible, approximately 70% to 80%, to achieve this goal the price would be ready to go up. That is why the Technical Analysis is not precise, if the type of phase in which the market is not identified.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Bitcoin has officially entered the longest stretch of declining prices in its 10-year history.

The world’s oldest and most valuable cryptocurrency achieved an all-time high of $19,764 on Dec. 17, 2017 on the CoinDesk Bitcoin Price Index and has printed a series of lower price highs ever since, making February 2 (as per UTC time), the 411th consecutive day prices have been in decline.

As such, bitcoin’s latest stretch surpasses the duration of the infamous 2013-2015 bitcoin bear market, which spanned 410 days from its price high to low.

the full article can be found here https://www.coindesk.com/bitcoins-price-longest-ever-bear-market
It was to be expected, the price of bitcoin reached prices so high that it was impossible for bitcoin to recover in a fast way, one of the most important factors for it is that people are afraid, they understand that the potential of bitcoin is enormous but now they understand as well that the volatility of bitcoin is not something that you can take lightly, it does not matter who you are, losing 75% of your money in a year is difficult and everyone else watching the markets will be afraid the same can happen to them.
full member
Activity: 406
Merit: 100
Bitcoin has officially entered the longest stretch of declining prices in its 10-year history.

The world’s oldest and most valuable cryptocurrency achieved an all-time high of $19,764 on Dec. 17, 2017 on the CoinDesk Bitcoin Price Index and has printed a series of lower price highs ever since, making February 2 (as per UTC time), the 411th consecutive day prices have been in decline.

As such, bitcoin’s latest stretch surpasses the duration of the infamous 2013-2015 bitcoin bear market, which spanned 410 days from its price high to low.

the full article can be found here https://www.coindesk.com/bitcoins-price-longest-ever-bear-market

This is the best part of this market situation as its takes time for us to accumulate many coins while the price is at cheap. Moving forward the market will recover at the right time and nothing we can do with it unless we have a huge amount of money that can use to reverse the market flow. The market will only go on bull if we have a good reason that people will buy more coins for daily consumption which this will lead to mass adoption. We just need to be patience to wait for that recovery.
sr. member
Activity: 994
Merit: 302
This hit new entrants hard. Imagine buying during the ath and looking at the price now. You are locked in. Many people trying to make money from hikes.

The long time hodlers probably aren't as disturbed.
hero member
Activity: 1596
Merit: 502
I think the bear market signals that the market is looking for substance in the form of real use cases rather than empty promises. This bear market has been positive in that some of the hucksters have been driven out. The key for bitcoin will be for the Lightning Network to continue to grow and improve.
right, right now it's like filtering investors, where their patience is being tested right now, it's not easy to stay afloat, because it requires strong psychology now, to wait for the market to improve later
I think trading is not like a test, it's just your speculation that says this is a test for investors, investors are free to do anything to be able to get a profit, as happened a few days ago the price of bitcoin was pumped up and then dropped again , that is the way the pope influences traders to get caught up in the trap.
member
Activity: 770
Merit: 12
Trphy.io
I think the bear market signals that the market is looking for substance in the form of real use cases rather than empty promises. This bear market has been positive in that some of the hucksters have been driven out. The key for bitcoin will be for the Lightning Network to continue to grow and improve.
right, right now it's like filtering investors, where their patience is being tested right now, it's not easy to stay afloat, because it requires strong psychology now, to wait for the market to improve later
sr. member
Activity: 854
Merit: 281
I think the bear market signals that the market is looking for substance in the form of real use cases rather than empty promises. This bear market has been positive in that some of the hucksters have been driven out. The key for bitcoin will be for the Lightning Network to continue to grow and improve.
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