How do you feel when the market is downtrend? - page 8.

livingfree

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Quote from: Marvell1 on June 04, 2022, 10:01:23 AM

How do you feel when the bear market is happening and do you hate it?

Just accustomed to and there's no need to hate it. That is part of the cycle of the market and we'll experience that every after bull run but, it's much longer than the bull run.

Quote from: Marvell1 on June 04, 2022, 10:01:23 AM

Every time a bearmarket happens, I always have valuable lessons that the bull market doesn't have. So always be grateful when the market goes down, it gives us many lessons, lessons about emotions, lessons about capital management, trust and patience.

Me either, there's always the lesson and that's why it's important to take my profits every time there's opportunity and when there's the bull run. Can't do the same mistake again.

Quote from: Marvell1 on June 04, 2022, 10:01:23 AM

The bear market is not the end but the beginning of a new and better start, the bear market is a measure of our confidence in the market. Worthy rewards will only come to those who truly believe in the market.

This signifies that after this bear, we shall see the bull run again and that's more interesting to see and waiting for the end of this.

CryptocurencyKing

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With all sincerity, it often breaks my heart to see the market drop in a sudden bear move. I mean, not in a way that I get scared and want to sell no, certainly not that andi very much understand the buying to hodl more opportunity it provides but, a change from the pace at which I was trading with is not often a very comfortable swap. For a fact, it discourages any form if sales from on my part and I start engaging more in hodling more than before.
It grows to become a new normal, an acceptable one at that and it always ends in smiles when the market appreciates, after being able to buy more and hodl successfully.

maydna

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I don't hate the bear market that is going on but rather tries to use it to my advantage because I see it as a good moment to buy coins at low prices. Whenever a bear market occurs, it provides an opportunity to buy many potential coins, which can increase later. Coins like bitcoin will be my top priority to buy because if the price of bitcoin increases, it will give me a huge profit. But I also bought some altcoins like ethereum and bnb because these are two potential coins that could also be profitable.

davis196

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I used to be frustrated every time the Bitcoin prices crashes, but know I'm just indifferent.
Stoicism teaches us to not get upset for things we have no control over. I have no control over the BTC price, so it's totally stupid to get angry or sad, when the bear market strikes. I'm sure that at least 90% of the Bitcoiners have faith in Bitcoin and they know that the Bitcoin price will hit another ATH sooner or later. The ones, who always start winning and complaining about the price crash are the ones that eventually will lose their money on Bitcoin/crypto.

UmerIdrees

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Quote from: Marvell1 on June 04, 2022, 10:01:23 AM

How do you feel when the bear market is happening and do you hate it?. Every time a bearmarket happens, I always have valuable lessons that the bull market doesn't have. So always be grateful when the market goes down, it gives us many lessons, lessons about emotions, lessons about capital management, trust and patience.

The bear market is not the end but the beginning of a new and better start, the bear market is a measure of our confidence in the market. Worthy rewards will only come to those who truly believe in the market.

Everyone knows that bear trend of the market is temporary and it won't remain like this forever but I never feel happy to be in a bear market. I am holding bitcoin for the long term and it does look good seeing my crypto portfolio decreasing in value. Sometimes I feel even depressed on seeing no positive momentum in the market and it seems that everything will be zero. But I know that bitcoin and overall crypto market will recover and we will again see bitcoin at all time highs. The hope is still alive.

blatchcorn

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Quote from: Marvell1 on June 04, 2022, 10:01:23 AM

So always be grateful when the market goes down, it gives us many lessons, lessons about emotions, lessons about capital management, trust and patience.

This is true that market is down there is so much to learn. Normally everyone is happy when market is up and not other way around. But your real test is when market is going down. No market can go up all the time, market always take correction and that correction may last for weeks, months or years. Your real test of patience is when market is down not when it up.

ilovealtcoins

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Bears are not something new in the market, they come and go so when a bear market occurs, be patient and don't panic. When the bear market arrives, we may be sad and disappointed that our asset portfolio will shrink somewhat, but instead of hating it, let's take advantage of it and turn it into an investment opportunity with low price high discount.

hatshepsut93

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I don't care. I sold enough BTC during the recent bull market to have enough fiat to cover my immediate plans. If I were a newbie who bought at $60k and now sitting at a 50% unrealized loss, then of course I would be sad. But since I'm hodling since 2016, I can endure even much deeper bear markets than we have now without feeling like my financial position has deteriorated significantly.

stomachgrowls

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Quote from: Marvell1 on June 04, 2022, 10:01:23 AM

How do you feel when the bear market is happening and do you hate it?. Every time a bearmarket happens, I always have valuable lessons that the bull market doesn't have. So always be grateful when the market goes down, it gives us many lessons, lessons about emotions, lessons about capital management, trust and patience.

The bear market is not the end but the beginning of a new and better start, the bear market is a measure of our confidence in the market. Worthy rewards will only come to those who truly believe in the market.

Whenever the market have some nasty decline or correction then its normal to have some reaction which its unavoidable since we are just humans which we dont really like to lose money.

Feeling of getting depressed and fear is normal just like on what others been saying but as long you do have the experience and awareness or knowledge then those fear would turn out to
be an excitement because you know that you could get something from it or opportunity which can potentially make profits.

Sometimes its really hard to control but if you do know on what you are doing then these feelings wont come out that much.

Viscore

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Quote from: Marvell1 on June 04, 2022, 10:01:23 AM

How do you feel when the bear market is happening and do you hate it?. Every time a bearmarket happens, I always have valuable lessons that the bull market doesn't have. So always be grateful when the market goes down, it gives us many lessons, lessons about emotions, lessons about capital management, trust and patience.

The bear market is not the end but the beginning of a new and better start, the bear market is a measure of our confidence in the market. Worthy rewards will only come to, those who truly believe in the market.

That's for those who truly understand that there are great opportunities in a bear market. But for those who don't know the essence of a bear market, seems like this is the end of their crypto investments. I guess let's change our mindset and instead of hating the bearish market, its better to dig up the opportunities and take advantage on them, than to get scared and lose our investments.

EdenHazard

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Quote from: Mahanton on June 04, 2022, 05:57:32 PM

When bear market comes, i do usually:

1. Not tending to see the market often or checking prices.
2. Got to look for some re-entry
3. As long i had secured my profits early then im not scared
4. Dont panic sell

You would really be committing out mistakes if you do really let yourself freak out on times like this without even
realizing that bear market is opportunity for you to get in or accumulate cheaper coins.

Totally agree!

Im doing that recently and so far so good.
You won't think to sell once you are straight! Invest all the way , invest and walkaway .. that is the most peaceful thing i ever done in my whole investing career and seeing it in a long bull run ... that is satisfying.
Try this!

TelolettOm

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Quote from: Marvell1 on June 04, 2022, 10:01:23 AM

How do you feel when the bear market is happening and do you hate it?.

Just so so
Because this downtrend always happens. Because we have been experiencing this downtrend several times. SO, what should expect? Being sad and panicked? No need to do that because it seems to waste time again. btw, we know that sometimes, we are too frustrated seeing the downtrend market, moreover after high expectations about some certain coins. But, this is a crypto world where the market is always like this. That is why should be stressful Just enjoy and follow the market situation and try to utilize every chance given during the downtrend. if there is no good chance, just let it be and stop fr a moment.

boldandbrave

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Before entering the crypto world and starting to buy some coins, we should already know the risks. because I've been through a bear market several times. Bear market are not so scary. Keep positive thingking and look for opportunities that bring profit when the market goes up again.

qwertyup23

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Quote from: Marvell1 on June 04, 2022, 10:01:23 AM

How do you feel when the bear market is happening and do you hate it?. Every time a bearmarket happens, I always have valuable lessons that the bull market doesn't have. So always be grateful when the market goes down, it gives us many lessons, lessons about emotions, lessons about capital management, trust and patience.

The bear market is not the end but the beginning of a new and better start, the bear market is a measure of our confidence in the market. Worthy rewards will only come to those who truly believe in the market.

As someone who has a relatively small amount of BTCs, I would say that this bear market has given me the opportunity to HODL further my coins and sell them at a price where I am comfortable at. Many people have been open with this bear market for months now but I see this as an ongoing opportunity for people to purchase more while the prices are low.

Though this may be the case, I also do think that it is easier said than done in my experience compared to some who have like thousands of dollars worth of BTC. This means that the slightest increase/decrease on the price could mean a gain/loss of hundreds of thousands on their end, which explains on why some are disheartened by this situation.

Mahanton

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When bear market comes, i do usually:

1. Not tending to see the market often or checking prices.
2. Got to look for some re-entry
3. As long i had secured my profits early then im not scared
4. Dont panic sell

You would really be committing out mistakes if you do really let yourself freak out on times like this without even
realizing that bear market is opportunity for you to get in or accumulate cheaper coins.

btc_angela

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Quote from: Marvell1 on June 04, 2022, 10:01:23 AM

How do you feel when the bear market is happening and do you hate it?. Every time a bearmarket happens, I always have valuable lessons that the bull market doesn't have. So always be grateful when the market goes down, it gives us many lessons, lessons about emotions, lessons about capital management, trust and patience.

The bear market is not the end but the beginning of a new and better start, the bear market is a measure of our confidence in the market. Worthy rewards will only come to those who truly believe in the market.

Of course, who would want to see crypto market is sea of red almost all the time? But then again, this market is cyclical, so we can't stop the bear market from happening just like the bulls. So yeah, I think you have been in this game for so long that you and others have learned from valuable lessons from both bear and bull market. For one, this bear market is a good time to accumulate because the price of all crypto are cheap. But we need to very careful on what we are buying specially if we wanted it to be long term. Of course BTC is the top priority, but maybe a couple of good and solid alt coins will not hurt your portfolio.

uchegod-21

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Quote from: Marvell1 on June 04, 2022, 10:01:23 AM

The bear market is not the end but the beginning of a new and better start, the bear market is a measure of our confidence in the market. Worthy rewards will only come to those who truly believe in the market.

The bear market is something that has been in existence in crypto. It is a seasonal visitor that everyone knows, yet people tend not to be prepared for it. No matter how careful one is, he can still be caught up by the unexpected visitor.
The bear market is not a disaster in the market but I don't really understand why the bear market tends to be longer than the bull market?
The bull market doesn't last for several months but the bear market does.
I really feel uneasy when I am caught up by the bear market and I think many people feel so as well.

bitzizzix

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It depends on whether the price fell just because of a correction or quite significantly and if significant, whether you have set a stop-loss target. If it reaches the limit then just pull it or switch it.

Or if you haven't found an alternative, just save it while waiting for new momentum. However, if you are still confident in your crypto choice for whatever reason, do a HODL and as long as it's bitcoin, I don't care how long the decline lasts.

DeathAngel

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Before I took life changing money out it used to dictate my life. Now I don’t really care, I buy cheap coin when it goes down & I cheer when we’re in a bull run. I do not miss the days when a 25% dip made me worry about my future. Don’t get me wrong, i have more than enough bitcoin but I will never worry about a crash affecting my future again.

TheNineClub

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Quote from: Marvell1 on June 04, 2022, 10:01:23 AM

How do you feel when the bear market is happening and do you hate it?. Every time a bearmarket happens, I always have valuable lessons that the bull market doesn't have. So always be grateful when the market goes down, it gives us many lessons, lessons about emotions, lessons about capital management, trust and patience.

The bear market is not the end but the beginning of a new and better start, the bear market is a measure of our confidence in the market. Worthy rewards will only come to those who truly believe in the market.

I really look at it as a longterm suppirt for the idea rather than a short term investment, so the fluctuations don't bother me at all. I know not everyone is in crypto because they support the project, but in the end that's what's important, not the day to day price of BTC.

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