Crypto wealth can only be built in bear market - page 8.

Natalim

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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,
...

I disagree with this. Because people will come and invest in the market any time for they know that can still make a profit no matter what will be the condition of the market. In fact, this is not seasonal that we just come during the bear market and then leave after. People had seeing this crypto investment as a profitable market every day, just look at the traders as an example. They are here almost every day and that is because they always see the market's opportunity.

jossiel

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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,

Wealth can be made on both seasons.

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

the question now is are we still in bull market or bear market?

As they say, we're still in the bull market but if the price goes down, then we're already in the bear.

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

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 should be the opposite because nobody knows when the crash is coming, so you should always expect the worse is about to come so that you're already prepared if ever it comes.

wxa7115

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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 made a huge statement and then you give no evidence to back it up, wealth can be built in all market conditions, as long as money is exchanging hands then you can make money in any market, but whether or not that will happen will depend on your skills which you have acquired over the years.

Unfortunately many people do not have the skills necessary to get profits in any market condition, which is why the majority fail while trading or investing in the markets, so if you are only capable of generating profits during a bear market that is fine, but it is a mistake to make such generalizations when a great deal of traders can obtain profits in bull and ranging markets as well.

Captain Corporate

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Quote from: bittick on March 23, 2022, 06:28:06 PM

currently we are surely in a bearish market, although it’s definitely a lot better bearish market than it was in the past considering the fact that the market could retain its value really good and the correction lasts not really for long.
so maybe its just the best opportunity available right now, although in building wealth amidst the bearish trend it definitely gonna be requiring tremendous amount of capitals because buying amidst the bearish market means you are going
against the wave and it’s gonna be mentally exhausting and like catching a falling knives, you should know that it’s harder than saying.

Why would you assume that we are in a bearish market right now? Bearish means that price is going down, are you seeing it going down? I am looking at the price and we are at 42k+ levels, considering we were JUST 38k or so, that means we have gone up. Do you really believe that we should be calling a bear market as it is right now? I mean we are talking about something that is not even doing that bad, why would we call it a bear market? I would say there could be better chances when the price goes under 40k again. I am not saying it will, but there is a good chance that it might.

bittick

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currently we are surely in a bearish market, although it’s definitely a lot better bearish market than it was in the past considering the fact that the market could retain its value really good and the correction lasts not really for long.
so maybe its just the best opportunity available right now, although in building wealth amidst the bearish trend it definitely gonna be requiring tremendous amount of capitals because buying amidst the bearish market means you are going
against the wave and it’s gonna be mentally exhausting and like catching a falling knives, you should know that it’s harder than saying.

Finestream

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Quote from: TheUltraElite on March 23, 2022, 06:12:28 AM

Quote from: ?? on ??

We are still in bull market because real bear market is when all coins loses 90% of their value but I'm still confused why we are still in bear market, if I have to use past bull and bear chart we should already be in bear market right now, I've stopped buying alts for now.

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.

This is how investors should think seeing the bear season as the best entry and the best part to buy coins. But usually, they always end up doing the opposite. They buy in bulls and sell in bears. Instead, they become poorer and poorer because of the wrong mindset.

Bear season will always make the market dump and eventually pull the crypto prices down. So investors should make a maximum purchase while the market dumps because if they can hold them for as long as they want, that will determine their cost of profits when they start selling at a very high market value.

goaldigger

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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?

Wealth is created by your hard work no matter what the trend is, you can still make money both on bear and bull market, you just need an effective trading strategy. The bear are possible to stay if there’s a new FUD but looking at the market right now, it slowly rising and we are aiming to beat the resistance so believe it or not, once we go beyond $43k again, that is the bull. Newbies should learn how to analyze, and buying right now is still fine especially if we are going to talk about long term investing here.

ajochems

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When the price of bitcoin and altcoin was reduced,it will be the best time to inverse the good amount of money.Mainly the good potential coin was be brought at the dump.The dump was not easy one in the potential coin.ADA is one of best coin,I had brought huge on it over two weeks.When the war begins.Now the price of ADA was top most,it had give money some decent amount of profit from it.

nikita2020

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Quote from: Sled on March 23, 2022, 09:29:08 AM

Do you think that investors will just come during bear season and disappear at the bullish season? That is absolutely not.

What do you think is different from my perspective and market view coz no matter what will be the situation of the market, we can still make a good profit if we really work on it.

People are buying crypto any time, and they will sell them any time. They'll come in the market when they have the opportunity, however, I was glad to say that the market seems profitable all the time, that is why they come at no specific time frame.

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.

isaac_clarke22

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

~

Neither to be fair. If you're talking about shitcoins which are plenty of coins here in the market, then expect more than a crash, buddy. Once Bitcoin plummets, expect many shitcoins going to just go below the charts. Newbies should buy what they feel is the safe investment. The timing is not a question. It's always a great time to buy your first coin.
I am not sure in the part that "wealth" is being produced from market conditions though.

Furious 7

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Quote from: Questat on March 23, 2022, 09:52:51 AM

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

(...)
Should newbies wait or buy coins right now?

That certainly depends on them. But I suggest newbies have to invest right now if ever they want while the prices are still low. I'm not saying we are in the bearish market nor we are on the bullish side but as per to see, the market had already turned green at this time which I believe will be a sign for the upcoming bull market. We're not going to expect more but it looks like we are heading that way closer.

Agree with what you say because now it's still not too late for that.
But of course when emphasizing on beginners with the word patient because Investasti will not be able to produce without patience there.
the market cannot be predicted in which direction they will go but if you look at the current candle it is very likely that a bull will happen soon and hopefully this will actually happen in the near future

asriloni

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Bearish = chance to buy more tokens at the cheap price. That's why the whales are always creating fear during the bearish market to shake the weak hands to sold their tokens cheap to the whales. I think that this is a common thing in the crypto. The smart guy will always be building their assets during the bearish trend. Newbies should try to build their asset rather than waiting for another low to come soon.
The whales will always be taking the advantage of it. Just try to follow what whale does. Newbie must learn from the whale and how they are trading in the market.

marine4u

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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?

My baseline prediction is that we haven't really seen clear signal levels or a solid rate for the upside yet, it looks like we're trying to bounce back for a longer term upside rather than a short one term. My guess is that we still have certain hurdles to break out of this bear market. More specifically it is a balancing cycle and this is a good opportunity to take advantage of based on your role as a speculator and crypto enthusiast.

UnchainedOneAwoken

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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?

Spot on, I know you made this topic a lil bit ago but now that we see the wartime movement average of 47days coming close, sentiment is back up and we see recovery. NOW is the wealth gaining time, buy projects with tech and drive potential that are near the local price floor. I'm accumulating ZNN, MGH, and ORFI. Zenon is feeless layer 1 DAG with btc interoperability... under the radar AF, MGH is metagamehub, I'm getting exposure to their great treasury and valuation services, and ORFI is presale this month, rebase token with stable rewards. WAGMI. Bears make bulls!!! Grin

fuguebtc

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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.

The bear market is an opportunity for us to buy coins at a low price, but the choice of project is extremely important.
Yes, I agree. Many projects will not be able to survive the prolonged bear season, including topcoins 10 or 20 on CMC. Therefore, you must research carefully before investing or you will lose money.

Questat

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

(...)
Should newbies wait or buy coins right now?

That certainly depends on them. But I suggest newbies have to invest right now if ever they want while the prices are still low. I'm not saying we are in the bearish market nor we are on the bullish side but as per to see, the market had already turned green at this time which I believe will be a sign for the upcoming bull market. We're not going to expect more but it looks like we are heading that way closer.

masterrex

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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?

I believe that the crypto market today is more stable compared to the previous years and has no definite trend when it comes to market movements that's why we cannot say that it's bullish or bearish because it has always moved in the same trend since last year meaning it was move ups and downs in any given time this year so IMO, it is a stable market condition.

asyakashi

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Actually a few months ago we were confirmed to have entered the bear market and there has been no confirmation whether we have exited or entered the bull market.
I also believe that we are still in a bear market, but now the conditions are much different from the bear market of a few years ago, as if cryptocurrencies are really not under pressure, we just find the market is currently saturated.
When viewed from the current market conditions, buying is a good choice before our favorite coin goes high, of course with careful analysis and decisions for it.

Jackl87

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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?

Of course the goal that you should always have as an investor no matter if it is in real estate, gold, traditional financial products like stocks or in cryptocurrency is to buy as low as possible and to sell as high as possible. Therefore the potential for maximum profit is only there if we are in the bear market because only then you can acquire projects at a low price. The big problem is though that once we are still in a bear market we just don't know if the price continues to fall or if we have already reached the bottom and in general people are hesitant to invest while we are in a bear market. In the end you never know how the market reacts in the future which is the big problem with investing.

Sled

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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?

Do you think that investors will just come during bear season and disappear at the bullish season? That is absolutely not.

What do you think is different from my perspective and market view coz no matter what will be the situation of the market, we can still make a good profit if we really work on it.

People are buying crypto any time, and they will sell them any time. They'll come in the market when they have the opportunity, however, I was glad to say that the market seems profitable all the time, that is why they come at no specific time frame.

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