Crypto wealth can only be built in bear market - page 7.

Ararbermas

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Quote from: Daodex on March 23, 2022, 03:35:45 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?

bear market is always a big opportunity to buy and have a good return in the future. But remember to choose which project is goood to invest especially for long run, because most problems of investors when it comes crypto is they blow their capital aftee investing a project that for hype only and always end up into shitcoin after all..

So be a wise investor! Make research and also fundamental and technical analysis so that you can pick which is mote reliable to invest and you don't need to worry especially on this kind of situation because you know they can recover when market turn into bullish again.. Be practical!

fvb

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Quote from: Daodex on March 23, 2022, 03:35:45 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?

Now it is better to invest in top coins with long-term or average accounting. Everyone chooses their investment strategy in a certain period of time. It is another matter to buy tokens of new projects. This is where experience and strong intuition are needed to understand which project will be profitable.

JemmyHimton

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Well, actually, i always accumulate enough token in bear market and sell them during the bull market. In the past three years, I have achieved financial freedom. I do not think all the altcoins is unreliable. But if u a a beginner, do your homework and market research carefully.

Cryptomiles1

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To me what I sees as bear is when the market drops upto 50% to 60% then we can consider to call it bear but looking out the market is still at support level so could be bear maybe as I m not a good crypto analyst.

Dollar_Hunter

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Quote from: adzino on March 24, 2022, 11:00:18 PM

Quote from: Daodex on March 23, 2022, 03:35:45 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?

It can be built anytime. Not only during bear market. You have spare money lying around? You can afford to lose all those money? Then invest it on bitcoin and other crypto currencies and keep holding. Keep waiting for bear market and you will regret. But yeah, when there is a bear market, invest even more so you can maximize your profit. But just don't wait for it if you can afford to invest. Invest, sit back, relax, reach your profit goal and then sell.

in a bear market it is very good to buy, because the price has also fallen deeply,
and it is an opportunity for traders to buy at a low price, because the risk that will be received will be much lower than when the market is bullish,
so enjoy it now, the market will be more excited later,

BigBos

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IMO, crypto wealth is not only created in bear market times. whatever the conditions, it can be made. only, the best time is when the bear market. many reasons that support this such as you can get coins at a cheaper price, bounce back can happen and you get instant profits, coins you get more, and so on.
the current condition can be said to be the condition after the correction, and there is still the possibility of going down, or going up. however, it all depends on your readiness. the current price is quite cheap. however, if you still want to wait, that's fine. however, you will miss the train if you think about it too long. In fact, doubts will come your way.

Strongkored

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Quote from: Daodex on March 23, 2022, 03:35:45 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?

You've already said it, and because it's gradual then it will be completely realized when the decline starts to occur sharply so that can be done waiting to see if this is really a bearish time.

Quote from: Daodex on March 23, 2022, 03:35:45 AM

Should newbies wait or buy coins right now?

Maybe it can be by applying DCA but remember the choice of coin determines the result when bullish trend

kidbounty

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Quote from: Daodex on March 23, 2022, 03:35:45 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?

why wait when they are sure that the coins they are buying will go up in the future. it's just about how much they will make if they buy now or later. so it doesn't matter to buy now or during a bear market. after all, when the price has dropped very far leaving ATH, buying is not a bad choice.

lienfaye

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Quote from: Daodex on March 23, 2022, 03:35:45 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?

Well, bear market is indeed the time to fill our bags because the coins are quite cheap. But some investors are hesitant to buy because of their worries that it might take long before the market recover. An investor can only understand the nature of crypto if he has knowledge on how it works thus seeing the market in bearish/bullish is something that we should not be surprise. We just need to take advantage the situation to buy during bearish and sell when bullish.

Anyway buying at this time depends on the investor's plan. If you're going to hold for long period then its fine to buy at this moment, however if its for short term then much better to buy if the market is in bloody situation.

adzino

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Quote from: Daodex on March 23, 2022, 03:35:45 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?

It can be built anytime. Not only during bear market. You have spare money lying around? You can afford to lose all those money? Then invest it on bitcoin and other crypto currencies and keep holding. Keep waiting for bear market and you will regret. But yeah, when there is a bear market, invest even more so you can maximize your profit. But just don't wait for it if you can afford to invest. Invest, sit back, relax, reach your profit goal and then sell.

bayudndy

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Quote

Crypto wealth can only be built in bear market

So we can't get rich in a bull market?
Your own personal opinion, as well as some people who are making it difficult for themselves with this market, we come here to approach it to get our own lessons. After what I've been through, I see it always brings a lot of opportunities at all times. It's just a matter of whether you take the opportunity for yourself.
The process of building it will determine it. The dependent factors are in the process of self-preparation. I hope OP will get many good lessons from this market.

Rengga Jati

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Quote from: Daodex on March 23, 2022, 03:35:45 AM

Wealth is created during the bear market not in bull market,

From where is this sentence?
None will guarantee that in a bear market, we can create wealth. If what you meant is about where it starts because you want to buy some coins at a very low price and hope to hold them until the bullish market, this is actually not as easy as it.

Wealth will be created when you exactly know and understand how to utilize every time and condition to take the opportunity of taking profits, can manage himself not to panic, can make themselves be wise and smart in every decision that they should take. It may not matter if this happens during the bearish market or even in the bull market. This is in my opinion. Moreover, if we are a long-term holders, we may consider buying the coins when the price is in certain rate and then holding them for a certain period in order to get the certain target of price. But, ensure that the coins that we are holding is potential and worthy coins, not shitcoins.

stepwilli

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Quote from: ?? on ??

People who are good at understanding and assessing the crypto market situation, of course they will buy even if the market is in a bear or bull trend, they certainly will not be silent to collect their profits, even though in the short term they can certainly take advantage of the bear or bull trend situation to sharpen their rupiah coffers.
And when the bull run of the market happens again they will think about the benefits of both.

People who are good at trading or buying will know the difference between scam projects and projects that have a future. That is the biggest difference. If you believe that you found a project that will be around even after 10 years, which is rare, then you would be able to buy at any price and you could still profit.

Doesn't mean that you should buy and hold every coin, because there are only few coins that will be great even after 10 years, so you need to find ones that fit that bill. Being a great investor is less about when to buy and more about what to buy, if you know what to buy, when you buy it doesn't matter as much as what you bought.

Cling18

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Quote from: slackovic on March 23, 2022, 04:52:16 AM

One of the biggest problems when investing in a bear run is selecting which project to invest into because a lot of them won't survive a bear market. Investing in a bull market is pretty easy because in bull everything goes up. However, when the market is bearish, investing in the wrong project can make you lose all your investment.

If in doubt then pick well-established coins that have a strong foundation that could stand firm no matter what the market situation is. Take advantage of accumulating more during the bear market and wait for the bull run which is the best time to gain your profit. As for me, we're in the bearish season and it's still the best time to buy and start building crypto wealth.

gabbie2010

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Quote from: Daodex on March 23, 2022, 03:35:45 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?

It's a two way things, yes the best period to accumulate some coins is during the bearish runs however it's not just buying blindly because the market might continue to dip further, better still the best idea is to buy bit by bit and accumulate in anticipation of when the market turns bullish consequently profits will be taken thus wealth is being created, in another aspect experience traders make money and create well irrespective of the market conditions, even in a bearish market sentiment a working strategy will earn profits for any trader just like when the market is bullish in a trending market.

gurunanakji777

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Bear market is a good time to buy more for the bull run. I don't think the market is bear it is running sideways still we have to wait. The market is not as bad as people say if we compare it with the last year still good. In the bull run, most of the traders earn in short term but in a bear market, we have to wait for a long but the profit percentage is higher. Nobody can tell you exactly it depends which coin one wants to buy and one can decide by the market sentiment and by chart analysis and depend on other's opinion never help you to make the right decision. Learn how to read the market so that you can trust your trade whether the market is bull or bear.

SDKmaster

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Quote from: nikita2020 on March 23, 2022, 05:16:58 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.

To make profit on investment it is necessary to buy tokens when market falls and them when market start to rise to have maximum profit from investment.
For those people who do not have experience there are special cryptofunds which allow to invest money in prospeckive and checked projects.

jrrsparkles

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Quote from: Daodex on March 23, 2022, 03:35:45 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?

You can call that we are almost in the bear market if the current prices are half or near to its ATH so I would say yes we are in the middle of bear market, it may continue to fall down further then recover from their so it all depends on you and how long you are ready to wait for getting the returns.

Most of the time newbies will enter into the market when its bullish especially at the peak then they will lose their money and blame the market.

trendcoin

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Quote from: Daodex on March 23, 2022, 03:35:45 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?

A different perspective. I like people with different points of view. :) There can be two ways to gain wealth in a bear market. The first is to short sell, the second is to take profit and exit the market at the right time. I took profit and exited the market but now I have re-entered the market. Because I don't think we are in a bear market. I will continue to buy major altcoins using Stop Loss. I think May and June will be very active months. For now, my expectations are positive.

Jaered

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The problem with buying coins and tokens in the bearish or yoyo market , is knowing the real dip. That is the issue. And its a big one's

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