Topic: Don't stress too much due to the bear market - page 6. (Read 3376 times)
It's very funny in my case because when bears still dominate the market, I'm so stressed so much that I finally decided to sell 90% of my port. But now that it is in a huge rally, it's much more stressful because I'm blaming myself that I should've hold a bit longer because if I did then I can still see the value of my port increasing or recovering.
Like the saying: only the strong survive during the storm. We have been on a bear Market for quite some time and we preserved. Now, the market is tending to move greatly in bullish way. By now, some would about how they pulled out during the storm. There is no need to be stressed about a bear run. In fact, during the bear, you should be happy because that's is a chance for you to bravely buy and HODL.
These charts are useful for guessing the next step but it's impossible to know for sure when the next bull run is going to happen. Most of us thought it started a week ago, until that dump happened
I agree, regardless of what we are seeing now we can't really tell what will happen n the next few days or year. The market trend right now is normal and it is not something that we should stress about because we had that scenario before and the market was able to bounce back, so I have trust that the market will then bounce back this time.
Correct but not everyone knows that.
So we really must spread this news.
Panic is always there with new investors. They are thinking it will be fast profit since it can go way up just like what happened with bitcoin last December of 2017.
Bear market is part of investing. It does happen to every commodity or currency.
So we really must spread this news.
Panic is always there with new investors. They are thinking it will be fast profit since it can go way up just like what happened with bitcoin last December of 2017.
Bear market is part of investing. It does happen to every commodity or currency.
If you solely trust the project that you invested upon or a token per se, then you should not worry if the price is still too low, its a good opportunity to invest more on it, buy more and keep on holding. In the case of the low price of btc for example, then it is a good time to invest on it ey? Then wait for maybe 5 mos and above or up until its price is mature enough for you.
Correct but not everyone knows that.
So we really must spread this news.
Panic is always there with new investors. They are thinking it will be fast profit since it can go way up just like what happened with bitcoin last December of 2017.
Bear market is part of investing. It does happen to every commodity or currency.
So we really must spread this news.
Panic is always there with new investors. They are thinking it will be fast profit since it can go way up just like what happened with bitcoin last December of 2017.
Bear market is part of investing. It does happen to every commodity or currency.
If you solely trust the project that you invested upon or a token per se, then you should not worry if the price is still too low, its a good opportunity to invest more on it, buy more and keep on holding. In the case of the low price of btc for example, then it is a good time to invest on it ey? Then wait for maybe 5 mos and above or up until its price is mature enough for you.
This bear market is not different from the one experienced in 2013-2015 that one lasted a year and 9 months from November 24 2013 to August 24 2015.
We might still be 7 or so months away from a trend reversal, or who knows, maybe recent price action is trying to make a trend reversal. No matter what happens, you have to be clear of one thing: blockchain, even after 10 years of Bitcoin's inception, is still a technology that is in "beta". Decentralized systems are not fully figured out to push in a worldwide scenario, but we are all participating in the initial stages of development. Only like 2,000 people knew about the internet in the 70's so development was privatized but blockchain technology is being developed openly by the public, that's a huge difference. We are suffering the hypes and depressions of such volatile changes in price discovery because no one really clearly knows how much blockchain and cryptocurrencies should be worth or could be worth so you might have an investment worth 5 dollars in the future or 1 million, make sure you choose projects with great vision, leadership, development and market share. Also bet in favour to the small ones, but be extremely careful with small projects.
Lastly, if you ever become too stressed from watching your portfolio going up or down, watch this video
https://www.youtube.com/watch?v=KJVdvbrxtHo
calming visuals and soothing music are effective in reducing stress and most cryptoheads at one point will suffer from this hahaha
Cheers!
We might still be 7 or so months away from a trend reversal, or who knows, maybe recent price action is trying to make a trend reversal. No matter what happens, you have to be clear of one thing: blockchain, even after 10 years of Bitcoin's inception, is still a technology that is in "beta". Decentralized systems are not fully figured out to push in a worldwide scenario, but we are all participating in the initial stages of development. Only like 2,000 people knew about the internet in the 70's so development was privatized but blockchain technology is being developed openly by the public, that's a huge difference. We are suffering the hypes and depressions of such volatile changes in price discovery because no one really clearly knows how much blockchain and cryptocurrencies should be worth or could be worth so you might have an investment worth 5 dollars in the future or 1 million, make sure you choose projects with great vision, leadership, development and market share. Also bet in favour to the small ones, but be extremely careful with small projects.
Lastly, if you ever become too stressed from watching your portfolio going up or down, watch this video
https://www.youtube.com/watch?v=KJVdvbrxtHo
calming visuals and soothing music are effective in reducing stress and most cryptoheads at one point will suffer from this hahaha
Cheers!
Glad that you find something relaxing in the longest bear trend in history, not many people have done that, many of us here have invested their savings in cryptocurrency and the long wait is very long especially if you need money for your daily needs and you need to cash out, but we can sigh a breather now, market is doing great again after a long wait.
I am sure that some of those who are desperate and choose to obey their panic at the beginning of last year will be very sorry to see the current market conditions. Market conditions are getting better and proving that every patience will definitely get positive feedback.
If you have been in the cryptospace for quite sometime now you would actually not be troubled by the bear market because it is during these times that you can buy cryptocurrencies at a very low price and later sell it off at a high price to make profits.
Panic sell is not good move for us. We should be patient at the time of bear market.
Most of the time, it's only good if price will really dump when it started to making big down trend movement. You are just lucky if you panic sometimes but in general, that shows you are matured enough when it comes to investing, some people can cause panic at their benefits, we also have to consider that.
We should wait for bull run because patience is the right way at the time of bear market.
Patience is a must especially for long term investor as it's impossible that we can be successful to experience the bull run if we can easily be move.
Panic sell is not good move for us. We should be patient at the time of bear market. We should wait for bull run because patience is the right way at the time of bear market.
Completely agree with you, mate. Patience is the key towards surviving in a bear market. Otherwise, you'll end up panic selling and obtaining less value for your money. Usually, newcomers into cryptocurrency are stressed out in a bear market because they got in when prices were in their ATHs. Also, they believe that crypto is a get-rich-quick scheme which is why they end up losing in the long run. As such, it's important to have a mindset of an investor, by buying low and selling high.
Every time there's a bear market, should be good news for us instead of bad. This is largely because, we'll be able to buy more coins at a discounted rate than it was previously. Before you know it, a bull market will begin to take place giving you the possibility of doubling or tripling your investment in just a short amount of time.
Nonetheless, by investing at the right time, you'll be able to avoid losses as much as possible within any bear market. But stressing out, will only make matters worse. Just my thoughts
Panic sell is not good move for us. We should be patient at the time of bear market. We should wait for bull run because patience is the right way at the time of bear market.
If you’re a trader you know when you cut you’re losses, don’t be other guy that always FOMO like buying high and selling low. Practice makes a lot so don’t be enter in a situation that you know you will just lose.
That's certainly true, mate. One needs to know the risks involved when trading cryptocurrencies on the market. Otherwise, you'll be regretting yourself for a long time. Knowing that crypto increases in price every once in a while, should be a reason to get motivated instead of depressed. A bear market is a usual trend in crypto land, where it lasts months, and in some cases, years. It's important to keep this in mind, as you'll be able to invest into crypto when prices are in their all-time-lows.
For safekeeping, you should consider putting some money into stablecoins as they retain their value of $1 USD most of the times. This should allow you to gain control over your crypto investments, by minimizing risks as much as possible. Then, when the bull market comes in, you can sell most of your coins for profit. As such, only wise people would invest in a bear market while "noobs" would simply invest when prices are in their all-time-highs (causing FOMO).
Nonetheless, crypto is not for everyone. Which means, that you could easily lose all your money if you don't know what you're doing. Just my opinion
Of course, there is no single permanent market condition in crypto hence there is no point in worrying or stressing too much on bear market. Irrespective of how the bear market may present itself, it will eventually pass for bull market to take over. The best thing to do during bear market is to seize the opportunity to buy more valuable coins at cheap prices in order to sell for big profits when the bull market arrives.
in my opinion, now many people are under stress because of their entry when the price is already very high and they expect prices to be higher again and again
at the price of 8100 and hopes to get 9000 usd / bitcoin
but the reality is now dropping to 7k and making people very loss and stress
but I am now safe enough to withdraw a few days ago
If you’re a trader you know when you cut you’re losses, don’t be other guy that always FOMO like buying high and selling low. Practice makes a lot so don’t be enter in a situation that you know you will just lose.at the price of 8100 and hopes to get 9000 usd / bitcoin
but the reality is now dropping to 7k and making people very loss and stress
but I am now safe enough to withdraw a few days ago
It should not make sense out of the price of Bitcoin's price which is constantly lowering and rising because it is already open to manipulation and it is a very volatile market. Bitcoin's price is in a continuous cycle, but in the long run it has been making its investors a lot of money since 2009.
These charts are useful for guessing the next step but it's impossible to know for sure when the next bull run is going to happen. Most of us thought it started a week ago, until that dump happened
I agree, regardless of what we are seeing now we can't really tell what will happen n the next few days or year. The market trend right now is normal and it is not something that we should stress about because we had that scenario before and the market was able to bounce back, so I have trust that the market will then bounce back this time.
in my opinion, now many people are under stress because of their entry when the price is already very high and they expect prices to be higher again and again
at the price of 8100 and hopes to get 9000 usd / bitcoin
but the reality is now dropping to 7k and making people very loss and stress
but I am now safe enough to withdraw a few days ago
If you’re a trader you know when you cut you’re losses, don’t be other guy that always FOMO like buying high and selling low. Practice makes a lot so don’t be enter in a situation that you know you will just lose. at the price of 8100 and hopes to get 9000 usd / bitcoin
but the reality is now dropping to 7k and making people very loss and stress
but I am now safe enough to withdraw a few days ago
it is not right if you are stressed when the bear market happens, if you are stressed out in a chaotic situation then you will likely lose more. so stay confident and be patient about your investment, because this industry is still very good for the long term that allows you to get good profits in the future or investments that you have made on time
I agree, bear market is normal and it's part of the market cycle in crypto. We would not become a real holder if we panic at bear market, this market will test how strong we are holding, and if we can survive that we will have a great future in crypto. People who survive long usually will be rewarded, just like the early adopters.
We can check the biggest bitcoin holders now, and we can see that most of there are still not touching their bitcoins, that's how confident they are.
in my opinion, now many people are under stress because of their entry when the price is already very high and they expect prices to be higher again and again
at the price of 8100 and hopes to get 9000 usd / bitcoin
but the reality is now dropping to 7k and making people very loss and stress
but I am now safe enough to withdraw a few days ago
at the price of 8100 and hopes to get 9000 usd / bitcoin
but the reality is now dropping to 7k and making people very loss and stress
but I am now safe enough to withdraw a few days ago
it is not right if you are stressed when the bear market happens, if you are stressed out in a chaotic situation then you will likely lose more. so stay confident and be patient about your investment, because this industry is still very good for the long term that allows you to get good profits in the future or investments that you have made on time
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