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Topic: How long until the "we're in a bear market" people admit they were wrong? - page 2. (Read 451 times)

member
Activity: 1120
Merit: 68
I don't think we are going to see those people admit their mistakes, remember that people have an ego and if they feel like someone is threatening it, they will defend it at all cost even if they become irrational doing so.
legendary
Activity: 3668
Merit: 6382
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Lots of people saying the bull market is over and we're in for a crypto winter. I think this is plainly obviously not true for numerous reasons.

How long until these people realize we're still in a bull market and market sentiment shifts from "oh no bear market" to "oh that was just a major correction"?
i don't know if we still can call this a major correction since it really makes the market full of blood within weeks and even until now there are some crypto currency that still can't recover..  For me it definitely turn into bearish because of some issues around the internet wherein even the bullish isn't done yet those fraud really influence most of the big hodler in the market in just a simple way. That's why bullish turn into a bearish real quick..

We already have a good example: people like @Ararbermas will not fully zoom out the price chart, hence won't see the big picture.

There are multiple types of people calling it bear market:
1. Most common should be those who bought at higher-than-current price. Those will call it bear market as long as they're not on solid profit (yeah, after a correction this may mean even more than just new ATH).
2. People who don't own bitcoin and want to look interested/interesting, although they don't know what they are talking about.
3. People that have interest in spreading "bear market" FUD.
4. Certain day traders who will preach "bear market" and "bull market" in contradiction to reality in an attempt to get their trading bots earn a couple of extra cents.
5. Pessimistic newbies that got scared by the FUD and the bigger-than-expected price movements.

Keep in mind also that the optimists will say that Bitcoin is on a bull market from the moment its price charts exist.  Wink
All in all, a certain (downside) change in the price, depending how big it is, how long it takes and who reads it, will be seen as correction by some and bear market by others. I've got used to that and you should too.
sr. member
Activity: 2016
Merit: 283
Lots of people saying the bull market is over and we're in for a crypto winter. I think this is plainly obviously not true for numerous reasons.

How long until these people realize we're still in a bull market and market sentiment shifts from "oh no bear market" to "oh that was just a major correction"?
i don't know if we still can call this a major correction since it really makes the market full of blood within weeks and even until now there are some crypto currency that still can't recover..  For me it definitely turn into bearish because of some issues around the internet wherein even the bullish isn't done yet those fraud really influence most of the big hodler in the market in just a simple way. That's why bullish turn into a bearish real quick..
sr. member
Activity: 1009
Merit: 328
Lots of people saying the bull market is over and we're in for a crypto winter. I think this is plainly obviously not true for numerous reasons.

How long until these people realize we're still in a bull market and market sentiment shifts from "oh no bear market" to "oh that was just a major correction"?
Those who says we are in a bear market maybe the bitcoin price reach thier limit, i think they set a limit and when the price of bitcoin fall down and reach the limit price they will quickly say that bull market is ended, in my part i can say that the bull market is still up, and my limit price is below 20k$ if the price of bitcoin fall down below 20k$ that was the time that I will say that bear market is starting btc is now still 37k$ that was still high price so I don't think bear market is starting.
legendary
Activity: 2758
Merit: 1228
Lots of people saying the bull market is over and we're in for a crypto winter. I think this is plainly obviously not true for numerous reasons.

How long until these people realize we're still in a bull market and market sentiment shifts from "oh no bear market" to "oh that was just a major correction"?
Actually, these people are just playing their minds. They tried to manipulate their own and themselves believe that the market is already in the bear season.  Okay, let's say that these people are premature and they only realize once they become mature...that it takes so long, I don't know.

Until such a time that there is no criteria or chart to know if we are either in the bull or bear season some people might blindly see it and think in a different way. Have someone could show it? coz I'd never found it, maybe other members here have already seen it.

The past days bitcoin drop can be called a bear market season already but what good thing there is it happen on short time period. Maybe the amazing adoption happening this year help bitcoin to recover fast thats why we see it now slowly pumping up and maybe we will see it touched at $50k this year again.
sr. member
Activity: 2478
Merit: 343
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Lots of people saying the bull market is over and we're in for a crypto winter. I think this is plainly obviously not true for numerous reasons.

How long until these people realize we're still in a bull market and market sentiment shifts from "oh no bear market" to "oh that was just a major correction"?
Actually, these people are just playing their minds. They tried to manipulate their own and themselves believe that the market is already in the bear season.  Okay, let's say that these people are premature and they only realize once they become mature...that it takes so long, I don't know.

Until such a time that there is no criteria or chart to know if we are either in the bull or bear season some people might blindly see it and think in a different way. Have someone could show it? coz I'd never found it, maybe other members here have already seen it.
legendary
Activity: 2716
Merit: 1383
Lots of people saying the bull market is over and we're in for a crypto winter. I think this is plainly obviously not true for numerous reasons.

How long until these people realize we're still in a bull market and market sentiment shifts from "oh no bear market" to "oh that was just a major correction"?
It will take some time for those people to realize their mistake, I really think the majority of the people that are thinking something like this are investors that are relatively new to the market and that have never experimented a drop like that before, even if they know intellectually that this has happened in the past it is completely different to see something like this on a chart and another to actually go through it, but once the market begins to recover and they begin to see things are not as bad as they thought they were then they will quickly change their mind.
hero member
Activity: 2996
Merit: 609
Lots of people saying the bull market is over and we're in for a crypto winter. I think this is plainly obviously not true for numerous reasons.

How long until these people realize we're still in a bull market and market sentiment shifts from "oh no bear market" to "oh that was just a major correction"?
This is something that can be forcely changed up because people will eventually realize on things basing up on what they are currently seeing and i dont see any sense on why would forcibly making those

people look the other way around if we can just mind our own business and make our own step for us to make money.We do have different inputs and perceptive towards the market

and just let those people see on what they are currently experiencing because we would realized things up that we were wrong.
legendary
Activity: 3346
Merit: 1128
For perma-bear? I don't think they will admit it to themselves that bitcoin is so big now and successful and no price will change their notion about it, like the old and traditional fart Warren Buffett.

But for those who just love to spread FUD here, who knows, they could be secretly buying in the bear market and then creating useless thread to take about the death of bitcoin. So even if we have a new ATH or reach 6 digits at the end of the year, those people are not going to admit on their mistakes on public.
That is why I think there is a good chance that we do not end up with any FUD and that is why the price will not drop that much in the future. Check the recovery right now and you can see that people who are making a bad FUD right now all are people who do not end up being right they are going to end up being wrong, in fact they are already wrong.

This is why I am not worried, warren buffet can say whatever he wants, Elon Musk can say whatever he wants, people here can say whatever they want, there is really nothing that they can say whatever they want and it will not impact. People who "talk" do not matter because they do not really change anything, only people that change anything are people who uses their money and they are spending their money on buying bitcoin, that is what it all matters.
full member
Activity: 1251
Merit: 103
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Lots of people saying the bull market is over and we're in for a crypto winter. I think this is plainly obviously not true for numerous reasons.

How long until these people realize we're still in a bull market and market sentiment shifts from "oh no bear market" to "oh that was just a major correction"?
Well everyone has thier own speculation about the price and how far it could rise or fall. But the truth is everything is just an speculation and they cannot really predict the price or the market situation in the next days,weeks,years, or even a decades, So it really depends on us if we believe on thier thoughts I have my own sights and i believe that btc will reach 100k$ at the end of year 2021.
legendary
Activity: 3010
Merit: 3724
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Probably about the same amount of time it took for all those crypto fund owners and master traders took to admit they were wrong when they said 2017 was just beginning and $100k was merely a future footnote en route to McAfee's $1 million grand ambition.

Oh yeah, most never came back to say they were wrong, until people said it for them and they admitted it.

Either way, I hope they don't suddenly keep quiet now, these bear market pundits. If they go away I can't keep accumulating =(
hero member
Activity: 2660
Merit: 630
DGbet.fun - Crypto Sportsbook
The bull may not be volatile just this few months even when price movement looking like a recovery. The investors are still tasting and scared of going in but want to hodl and expect that they recover from the deep in losses they have in the portfolio. This may keep happening until the confidence returns back to the market. I'm expecting more bull towards the fourth quarter of the year and by then , another ATH may happen.
legendary
Activity: 2198
Merit: 1311
legendary
Activity: 2702
Merit: 4002
FOMO and FUD control newbie emotions. they have weak hands unlike older investors who have diamond hands.
We cannot blame them because many of them came to the market for purely economic reasons. Therefore, the fluctuations seem very annoying and need people who understand the nature of the market and the type of risks associated with it.
I also believe that the algorithms in social networks affect decision-making, so it is better to stop following them when you want to make a decision to buy or sell.
legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'
Lots of people saying the bull market is over and we're in for a crypto winter. I think this is plainly obviously not true for numerous reasons.

How long until these people realize we're still in a bull market and market sentiment shifts from "oh no bear market" to "oh that was just a major correction"?

Moron motherfucking bear bear bear bear asshole pieces of shit.

I would ban every one that says we are in a bear market for a week or so.

rant over.

Now that is how I feel when people say bear too soon.

Does it mean I am correct nope but I got it off my chest so hats off to the op.

Now are we in a bear market right now no but we are not exactly in a bull run.

We are in a valley to the left is a tall mountain called ATH to the right is a deep ravine called bear market.

As we walk in the valley for the next 30-60 days we will with slip down the ravine and be in that evil bear market or we will be over 70k with an ATH and back on the bull run.

Premature bear calling pisses me off bigly.  So fuck the bears.

sr. member
Activity: 2520
Merit: 280
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Bitcoin already back into the 40K but we can't predict that whether the bounce we see was the bullish trend or bearish trend since it can be only observed in the long term, in my opinion we are in the bull market for very long time so even if we entered into the bear market already then its not really big surprise.
hero member
Activity: 2520
Merit: 783
Lots of people saying the bull market is over and we're in for a crypto winter. I think this is plainly obviously not true for numerous reasons.

How long until these people realize we're still in a bull market and market sentiment shifts from "oh no bear market" to "oh that was just a major correction"?

We are in situation that manipulations are happening in this space so don't be surprise if people will tell that the bull is over since the market drop happen for last couple of days is so heavy and now since the price is recovering maybe we can say that the bull continue and the short bear season happen is already done.
hero member
Activity: 2842
Merit: 772
For perma-bear? I don't think they will admit it to themselves that bitcoin is so big now and successful and no price will change their notion about it, like the old and traditional fart Warren Buffett.

But for those who just love to spread FUD here, who knows, they could be secretly buying in the bear market and then creating useless thread to take about the death of bitcoin. So even if we have a new ATH or reach 6 digits at the end of the year, those people are not going to admit on their mistakes on public.
hero member
Activity: 1344
Merit: 540
break $40k barrier: checked
Not there yet, $40k seems to be rejected again.

break $50k and new ath on the way
We have to wait , but if we break $40k and sustained it, high possible that we can slice $50k again and then new all time high next month.

For me, bull market is not over, maybe the bulls are re-assessing the situation before they pour their money again.
member
Activity: 588
Merit: 12
https://i.imgur.com/3fXQC4m.png
Lots of people saying the bull market is over and we're in for a crypto winter. I think this is plainly obviously not true for numerous reasons.

How long until these people realize we're still in a bull market and market sentiment shifts from "oh no bear market" to "oh that was just a major correction"?

I see all this is just a cycle of time and there is no need to panic about the market crash, because all this is just a cycle of market price correction.

You just need to be patient and wait for the market prices to skyrocket again like costs and on the other hand, when winter arrives, that is the time for you to invest.
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