Topic: Don't stress too much due to the bear market - page 9. (Read 3376 times)

We are more experience because we are here before the last bull run.
Me personally, I started when bitcoin was still below $500, and this price now is really good though we dump real hard.
The dump that we are seeing might be alarming for newbie, but for us who witnessed it many times, we see it a normal thing here.

Maybe for those who haven't been in the crypto world when 2013-2014 it will get more stress and panic, this year's decline is the deepest because of the high increase, I'm also very panicked when high bitcoin prices are even talked about to be more than $ 50K down be $ 5k. This condition is also to test new investors and those in the crypto world that digital currrency is very volatile and not a low risk investment.

Very well said buddy. We're in the experimental phase of a great invention in the 21st century and we should be glad we are part. Apart from the price issues, i think this is the bigger picture we should shift our attention towards and it'll give us a honorable relief.

Agree with you and it is natural to be worry about your money, if you invest your money in something you really feel possessive and it is good as well, because if you will be possessive you will spend more time in market, so don’t take tension and take this fall of price as an opportunity for you to buy at low price and enjoy your future earnings.

one reason why people panic when bearish is because they aren't sure they can profit or at least recover losses on the coins they buy, that's where their panic starts. if every investor was sure of the coin they buy, convinced that in the long run the price would rise, there would be no more panic when bearish

I am an adherent of a different concept of stress. If you believe the latest studies of stress, then we can conclude that the more stress we receive, the more stable our psyche becomes, but if the conditions are met that you think that it makes you stronger. Here is a paradox.

Nah, I’m not going to stress myself because of this. I’ve just made up my mind to face whatever it is going to be, whether the price will go up or down, I will take it like that. But if it continues to go down, then I’m not going to withdraw anything, I will just abandon the money and wait for when the price will go up, no matter how long it takes.

The market now is all green, it is quite normal even if the price is in recovery process, there is no need to get stress at this time but those who invest last year in bulltrap, i know that they are so stress and they think that the current price is still part if a bearish and dump market.

I saw myself to that situation 2 years ago, I was so obsess with seeing the price and want to be updated all the time.
I realize it was a mistake because investing is all about trusting and price volatility is a pretty normal thing in the market, now I learned.
I get more matured as I stay longer in the crypto space.

Looking for your good perspectives, aiming for long term will removed your worries, people who keep checking the value of their assets can easily be moved when sudden downfall happened, they will simply panics and sell with big loses, while people that knows how to carry things and willing to be
wait and calmly being patients will stay positive and will hold, wait for the right time to sell their assets.

Most people that gets stressed are ones that are impatience and just want a profit in a short amount of time. We need to detach our emotions when it comes to cryptocurrency especially when it is a bear market season, just be patient hold and wait for the next bullrun to come in few years.

Agree. It takes a lot of hard work and effort to be able to achieve positive results in the long term. With crypto, there's no difference. As we've seen before, cryptocurrencies are highly volatile (especially Bitcoin). Their price could go up or down in just a matter of hours or even minutes. Which is why, the key to being successful in this market is not checking up on it every day, but rather remaining calm in the most desperate situations.

People who're looking to fill their wallets with coins at a discount (like Whales) will tell you that crypto will go down to zero. On the other hand, people looking to make profit out of a specific cryptocurrency, will tell you to buy as much of it as you can (resulting in a price increase for them to sell the coins for profit). Which means, that there's market manipulation in crypto land.

Still though, if you let stress take control of your life, you'll end up making bad decisions that will make you regret dearly. Hence, staying calm would be the only way to overcome this bear market that's bound to end soon. Just my opinion

We still have the whole tether thing to negotiate:

https://old.reddit.com/r/CryptoCurrency/comments/bjxjqe/us_justice_dept_seizes_part_of_missing_money_from/

Now, it might be that bitcoin and the entire crypto space has matured to the point where stuff like the above is a mere bagatelle and nobody bats an eyelid about it. But just be aware of what is happening, just in case it tanks the market. Above all, be careful and don't keep coins on bitfinex.

We should not be used with panic to deal with our losses, that will cost us since we all know that instead of being calm or if you are a skilled one you will be able to tell that it is coming so you can be ready or all ready set for the upcoming dump. Nothing great comes out of panicking, we should be calm since eventually, it will turn around.

Of course, while the bear market continued for long months,  we did some stress because it is good to make money with trade but too bad lose money. Personally I believe  that the crypto market have their own specific cycles and I took some precautions by trading less with less money in this bear period. I think certainly, it wasn't a good period to try to be rich quickly.

The prevailing market condition seems to be the starting point for the growth. The price has increased big crossing $5800 today which is the continuation of the growth that got interrupted few days ago making the price fall and move around the $5200. There is nothing to stress as the bull market is in its early stage to make a big change in the market.

Panic with decreasing prices is natural because it deals with losses, but crypto has proven to last until now and we must be able to regulate emotions so as not to be stressed.

market is repeated, but we all have some investment, in this situation always look at the price down, yes this give a headache, especially who invest in icos, worse investments that I have already made and my life, of course there are good projects, but be a very risky bet! I hope that in 2020 everything will improve!

If everyone is thought of 2017, all will suffer losses I guess. Bitcoin is a digital currency that is traded in various countries. Can't predict what will happen. moreover, the FUD in 2018 made everyone panic. we need to remember that we are getting closer to halving day.

Exactly. Panic selling will only make matters worse for the whole crypto market. We just need to hodl onto our coins for a very long time, in order to achieve positive results in the long term. Sooner or later, a bull market will come in the same way as other times. Bitcoin went from an ATH of over $1,000 by 2013 but it experienced a massive decline in price after Mt. Gox was shut down. It took around 4 years later for Bitcoin to get past that valuation, benefiting early adopters of the same.

I believe that current times are like 2013, where Bitcoin prices went sky high but then took a massive dive in just a matter of months. The bear market lasted quite some time, but after it ended, a bull market emerged that lasted a whole year. As such, there's possibility that a bull market will occur again after a couple of years since the last bear market. Knowing that Bitcoin and other cryptocurrencies experienced a bloodbath in price within the beginning of 2018, should give us a prediction that the whole market will rise again by 2021.

Which means that if you buy now while prices are still low, you could largely benefit in the future. Stressing out will only make you depressed in the long term, resulting in complete bankruptcy. Investing wisely is the key here and what better way than doing so in popular cryptocurrencies such as Bitcoin and Ethereum.

Nonetheless, we should always be patient since crypto behaves in a different manner than traditional stocks. Just my opinion