Crypto wealth can only be built in bear market - page 5.

nininyashka

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Quote from: daxetoken on April 03, 2022, 10:18:03 AM

Quote from: nikita2020 on March 23, 2022, 04:16:58 PM

When market rise there are a lot attention to cryptocurrency because crypto allows to make money.
The most important thing is to find the best project for investment. To do this there are special funds like this https://twitter.com/dao_kronos/status/1506198003060719621 which allow to invest money in the most prospective projects.

When cryptocurrency market rise there are more abilities to earn money because the attention to cryptocurrency grows and adoption of digital assets increase.

DeFi products offer a lot of different tools that make the work with cryptocurrency more simple.
Crypto funds appear that allow to invest money for all people without any experience.

GowithMi_GMAT

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Quote from: Dean2 on April 04, 2022, 04:02:27 PM

Quote from: Daodex on March 23, 2022, 02:35:45 AM

Wealth is created during the bear market not in bull market, the question now is are we still in bull market or bear market? We can't expect crypto market to crash instantly if bear is going to happen it will be a gradual process so what is your take on this? Should newbies wait or buy coins right now?

From the title at first glance i thought you were implying that shorting is the best way to generate wealth xD ,Although i believe you can still profit and make money in both market cycles if you know how to manage your portfolio right.

Yes, and also with how much capital you want to use. the more capital you use, of course, can provide opportunities to get good profits. apart from that, you need to consider the coins you will invest too, don't be greedy, exit after you get the profit.

Dean2

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Quote from: Daodex on March 23, 2022, 02:35:45 AM

Wealth is created during the bear market not in bull market, the question now is are we still in bull market or bear market? We can't expect crypto market to crash instantly if bear is going to happen it will be a gradual process so what is your take on this? Should newbies wait or buy coins right now?

From the title at first glance i thought you were implying that shorting is the best way to generate wealth xD ,Although i believe you can still profit and make money in both market cycles if you know how to manage your portfolio right.

wxa7115

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Quote from: Yamifoud on March 31, 2022, 06:02:20 PM

The truth is that we can make a profit whatever the situation we have in the market. Perhaps, these traders even going to make it, so we can assume that we can do this as well. That is why I encourage people not to think more about corrections and the downsides, we'd rather think about the positive trend.
I suggest to newbies to buy now if they already have the money and if they are willing to take the risks. The market is still preparing for the huge spike, we're not going to miss this, otherwise.

People that think on those terms are just shortsighted, even if a trader never shorts the market a downtrend is not really a reason to get worried about their capital, and instead it should be seen as yet another opportunity the market presents to us.

Since that is the perfect moment to buy bitcoin or any other asset for a discount that you will not be able to find under any other circumstances, now I admit that doing something like this is difficult, but if you want to maximize your profits then there is no other way but to take the risk and buy bitcoin when everyone else are selling their coins.

bounceback

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Quote from: Daodex on March 23, 2022, 02:35:45 AM

Wealth is created during the bear market not in bull market, the question now is are we still in bull market or bear market? We can't expect crypto market to crash instantly if bear is going to happen it will be a gradual process so what is your take on this? Should newbies wait or buy coins right now?

When entering a bear market, it is certainly the right momentum for us to buy some altcoins because we will get more altcoins with less capital so when the bull market has returned, we will most likely get bigger returns, but it is not recommended to buy shitcoin during a bear market because there is no guarantee that the price of shitcoin will rise again during a bull run.

daxetoken

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Quote from: altixz on April 01, 2022, 05:25:43 PM

Quote from: nikita2020 on March 23, 2022, 04:16:58 PM

When market rise there are a lot attention to cryptocurrency because crypto allows to make money.
The most important thing is to find the best project for investment. To do this there are special funds like this https://twitter.com/dao_kronos/status/1506198003060719621 which allow to invest money in the most prospective projects.

Traders can earn money on different markets, but for investors it is better to buy assets on bear market and sell them on bullish market to have maximum profit from investments.

When cryptocurrency market rise there are more abilities to earn money because the attention to cryptocurrency grows and adoption of digital assets increase.

Wildwest

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Currently the price of coins is increasing again, so to invest of course we have to be careful in choosing coins because the current increase has not fully lasted so we just choose atlcoin which has potential and is already ranked at the top in the marketcap, because the coin can indeed be relied on in the long term, and the current price increase we hope can last a long time and the value continues to increase so that we are safer in making investments.

deathcode

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Quote from: Wong Gendheng on April 01, 2022, 11:35:31 PM

Quote from: 777Jolami on April 01, 2022, 02:14:37 AM

Quote from: Daodex on March 23, 2022, 02:35:45 AM

Wealth is created during the bear market not in bull market, the question now is are we still in bull market or bear market? We can't expect crypto market to crash instantly if bear is going to happen it will be a gradual process so what is your take on this? Should newbies wait or buy coins right now?

I agree. Sustainable wealth is always in the plans built for the long term. That will happen at any stage of the market but not entirely depending on the "bear market" or not. For example, not sure or uncertain if it's a bear market? Therefore, a small accumulation of points will become a big gain in a bull market.

Most altcoins start from low prices, for example Shiba which has now gone up thousands of percent compared to when it was initially in the market, the most important thing for investors is to always be patient to wait and not panic when they see the red price, if we have patience then there will be 2 options i.e. get rich or lose it all.

it also depends on the selected asset. Shiba used to be doubtful but after being listed on several major exchanges everyone followed the hype.
patience only applies to assets that do have real progress. while for altcoins or shitcoins born from the project, it is not clear. it will bring loss.
investing in a bear market or bull market still has to go through good analysis and planning. don't just follow the hype.

ItsCrafty

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Quote from: Daodex on March 23, 2022, 02:35:45 AM

Wealth is created during the bear market not in bull market, the question now is are we still in bull market or bear market? We can't expect crypto market to crash instantly if bear is going to happen it will be a gradual process so what is your take on this? Should newbies wait or buy coins right now?

at this time we are in partially bullish zone. some alts are booming while other just up 0nly 10%. if any body want to create wealth than its not bad idea to take partial entry . there is high chances that bitcoin will break resistance of 50k and if bitcoin remain stable above 50k for two days then we may see real bullish pattern of altcoins.
newbies need to take entry only 50% if market down than another 30% and 20% will be last entry . these 50% should be invest on those top coins which did not pumped yet like Dot,ADA,Axs . DYOR

AbuBhakar

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Quote from: Abiky on April 01, 2022, 08:37:30 PM

Quote from: TheUltraElite on March 23, 2022, 05:12:28 AM

It is a matter of perspective I say. For some people who bought at 60k, this is a bear market, but the ones who bought at 10k it is still a bull market but less than the maximum possible one.

Altcoins though always are in bearish accordingly to me. Not worth putting money in compared to Bitcoins.

But it is true that majority of buying of Bitcoins should be done in bear and not in bull otherwise you get into a net loss condition. Only then you can profit from the long term rise in price.

The smart person would buy crypto in a bear market as that's when prices take a "nosedive". Buying and "hodling" to sell it all once the bull market takes effect, would be the ideal strategy to multiply your profits in no time. Altcoins usually follow Bitcoin's movements in price, so a quick surge in Bitcoin's price will drive the whole crypto market to the moon. I would focus more on the "blue chips" such as Ethereum, Cardano, BNB, and Solana in order to have greater chances of multiplying my investment in the long run. As long as you don't invest more than what you can't afford to lose, you'll have nothing to worry about. Just my thoughts Grin

This is always the plan even no brainer trader know that buy low sell high strategy because its the only goal of trading to have maximum profit. Problem starts when the traders starts to feel panic on loss or if he become excited on taking profit while bull run is already starting. Common human behaviour is to chase the profit he supposed to get when holding so he will buy at the top expecting it pump more until he can't make take profit because he already FOMO during his first early take profit.

Wong Gendheng

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Quote from: 777Jolami on April 01, 2022, 02:14:37 AM

Quote from: Daodex on March 23, 2022, 02:35:45 AM

Wealth is created during the bear market not in bull market, the question now is are we still in bull market or bear market? We can't expect crypto market to crash instantly if bear is going to happen it will be a gradual process so what is your take on this? Should newbies wait or buy coins right now?

I agree. Sustainable wealth is always in the plans built for the long term. That will happen at any stage of the market but not entirely depending on the "bear market" or not. For example, not sure or uncertain if it's a bear market? Therefore, a small accumulation of points will become a big gain in a bull market.

Most altcoins start from low prices, for example Shiba which has now gone up thousands of percent compared to when it was initially in the market, the most important thing for investors is to always be patient to wait and not panic when they see the red price, if we have patience then there will be 2 options i.e. get rich or lose it all.

hashrateproducts

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Quote from: Abiky on April 01, 2022, 08:37:30 PM

The smart person would buy crypto in a bear market as that's when prices take a "nosedive". Buying and "hodling" to sell it all once the bull market takes effect, would be the ideal strategy to multiply your profits in no time. Altcoins usually follow Bitcoin's movements in price, so a quick surge in Bitcoin's price will drive the whole crypto market to the moon. I would focus more on the "blue chips" such as Ethereum, Cardano, BNB, and Solana in order to have greater chances of multiplying my investment in the long run. As long as you don't invest more than what you can't afford to lose, you'll have nothing to worry about. Just my thoughts Grin

For you to be in massive profits in the crypto space, what smart traders do is wait for when bear market will occurred. Then bagged as many shitcoins and altcoins as possible, Although I Bitcoin is mainly for short trade and Long trade in futures trading. Then when the bull market comes, all those coins that you have gathered will pumped beyond your imagination, those coins can even make you rich overnight. This coins will mutiply your investments within weeks and months. These is just a general knowledge someone should grab when buying a coin. Perhaps, you can still buy most these altcoins for long term purpose like Solana, BNB, Ethereum and so much more. These coins are really good for Long term purposes while shitcoins like WSPP, Celo, Shiba Inu are good for short terms and also long term. Not all shitcoins survive long terms.

Abiky

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Quote from: TheUltraElite on March 23, 2022, 05:12:28 AM

It is a matter of perspective I say. For some people who bought at 60k, this is a bear market, but the ones who bought at 10k it is still a bull market but less than the maximum possible one.

Altcoins though always are in bearish accordingly to me. Not worth putting money in compared to Bitcoins.

But it is true that majority of buying of Bitcoins should be done in bear and not in bull otherwise you get into a net loss condition. Only then you can profit from the long term rise in price.

The smart person would buy crypto in a bear market as that's when prices take a "nosedive". Buying and "hodling" to sell it all once the bull market takes effect, would be the ideal strategy to multiply your profits in no time. Altcoins usually follow Bitcoin's movements in price, so a quick surge in Bitcoin's price will drive the whole crypto market to the moon. I would focus more on the "blue chips" such as Ethereum, Cardano, BNB, and Solana in order to have greater chances of multiplying my investment in the long run. As long as you don't invest more than what you can't afford to lose, you'll have nothing to worry about. Just my thoughts Grin

altixz

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Quote from: pacificdefi on March 31, 2022, 02:44:10 PM

Quote from: nikita2020 on March 23, 2022, 04:16:58 PM

When market rise there are a lot attention to cryptocurrency because crypto allows to make money.
The most important thing is to find the best project for investment. To do this there are special funds like this https://twitter.com/dao_kronos/status/1506198003060719621 which allow to invest money in the most prospective projects.

Rise of the market is an exelent opportunity for many people to earn money. Rise of the market attract attention of people to cryptocurrency and make cryptocurrency more popular.

Traders can earn money on different markets, but for investors it is better to buy assets on bear market and sell them on bullish market to have maximum profit from investments.

777Jolami

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Quote from: Daodex on March 23, 2022, 02:35:45 AM

Wealth is created during the bear market not in bull market, the question now is are we still in bull market or bear market? We can't expect crypto market to crash instantly if bear is going to happen it will be a gradual process so what is your take on this? Should newbies wait or buy coins right now?

I agree. Sustainable wealth is always in the plans built for the long term. That will happen at any stage of the market but not entirely depending on the "bear market" or not. For example, not sure or uncertain if it's a bear market? Therefore, a small accumulation of points will become a big gain in a bull market.

junkerr

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I believe that kind of thinking is good for long-term investors. they will come in when all the big assets in the crypto market have a downturn. and hold it in for a plan when the pump on the bull run comes. they will benefit greatly.
but some of the traders in the crypto market who have good skills can also make a lot of profit even when the market is down. like those who play in futures trading.

ANSEL_2.0

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It's not that easy to buy and hold coins in a bear market, have you witnessed a bear market before? I asked because everything in a bear market is tough and hard, if you aren't well prepared you will end up selling your bags for less amount of money, its not as easy as you think.

molsewid

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Quote from: Yamifoud on March 31, 2022, 06:02:20 PM

The truth is that we can make a profit whatever the situation we have in the market. Perhaps, these traders even going to make it, so we can assume that we can do this as well. That is why I encourage people not to think more about corrections and the downsides, we'd rather think about the positive trend.
I suggest to newbies to buy now if they already have the money and if they are willing to take the risks. The market is still preparing for the huge spike, we're not going to miss this, otherwise.

It is really possible to achieve wealth in cryptocurrency and for me even in a bear market or bull market we can make it possible it depends on how knowledgeable and skillful you are when it comes to trading and investing and how would you assess a certain project. But of course, there is a big difference between investing or buying at a low price because you will certainly hit a target once it pumps again, however, with this common strategy you will be needed to have patience.

AmoreJaz

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Quote from: Yamifoud on March 31, 2022, 06:02:20 PM

Quote from: Daodex on March 23, 2022, 02:35:45 AM

Wealth is created during the bear market not in bull market, the question now is are we still in bull market or bear market? We can't expect crypto market to crash instantly if bear is going to happen it will be a gradual process so what is your take on this? Should newbies wait or buy coins right now?

The truth is that we can make a profit whatever the situation we have in the market. Perhaps, these traders even going to make it, so we can assume that we can do this as well. That is why I encourage people not to think more about corrections and the downsides, we'd rather think about the positive trend.
I suggest to newbies to buy now if they already have the money and if they are willing to take the risks. The market is still preparing for the huge spike, we're not going to miss this, otherwise.

as no one can define whether we are in the bear or bull market, we are just gauging if it is the appropriate time for us to buy in. and the factor that is in play here is if you have the funds that you can spare, extra funds that you can easily say you are willing to lose. because every person has their own financial capability. and so it will determine your capability of investing in this market. don't bother if it is bear or bull market. as long as you know the coin you want to invest with.

Yamifoud

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Quote from: Daodex on March 23, 2022, 02:35:45 AM

Wealth is created during the bear market not in bull market, the question now is are we still in bull market or bear market? We can't expect crypto market to crash instantly if bear is going to happen it will be a gradual process so what is your take on this? Should newbies wait or buy coins right now?

The truth is that we can make a profit whatever the situation we have in the market. Perhaps, these traders even going to make it, so we can assume that we can do this as well. That is why I encourage people not to think more about corrections and the downsides, we'd rather think about the positive trend.
I suggest to newbies to buy now if they already have the money and if they are willing to take the risks. The market is still preparing for the huge spike, we're not going to miss this, otherwise.

Topic: Crypto wealth can only be built in bear market - page 5. (Read 938 times)