How was last crypto bear market - page 11.

redwine49

full member

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Quote from: hugeblack on April 17, 2022, 06:13:20 AM

When everyone starts to fear and panic and say that “the sky is starting to crack”, then it is the best opportunity to invest and buy more, but the problem is that most people think that the game is over and they should sell.

So, always when you invest in digital currencies, consider that your money has been stolen or disappeared, and then any profit, whatever it is, will be a good profit for you. As for the loss, it is not calculated, and therefore no matter how low the price is, you will not be afraid to sell.

I remember being a beginner and my purchases are still the best investment so far.

Yes it is but it will take years but when conditions & economy require you to sell it. you didn't have choice anymore.

Quote from: makishart on April 17, 2022, 05:19:12 AM

Quote from: ANSEL_2.0 on April 17, 2022, 04:23:36 AM

This question is for those that are here when bear market of 2018 stormed the crypto space, how doesn't it feel like?

I feel like that if you are riding the roller coaster that will bring you to the bottom and then to go up again. I have experienced whole of my assets worth nothing for temporary and a few years later all of my assets were reaching the ATH again. That's the worst time in the crypto industry when you are seeing your money gone for temporary and people with weak mental would cut loss their investment for sure.

I also have assets that go to zero after a few years. What do you think?

Quote from: JooBra on April 17, 2022, 05:52:45 AM

Quote from: ANSEL_2.0 on April 17, 2022, 04:23:36 AM

This question is for those that are here when bear market of 2018 stormed the crypto space, how doesn't it feel like? All those staking for perceive income makes sense at all? Or returns went so bad and makes staking looks like a bad idea? How does it felt like.

Honestly it depends are you long term or short term in crypto. If you are long term then it bear market is good chance to get some coins on discount. As metter of feeling it feels really bad but thats the nature of crypto.

it's also depends how much money you want to put in and how is your economic condition

hugeblack

legendary

Activity: 2702

Merit: 4002

When everyone starts to fear and panic and say that “the sky is starting to crack”, then it is the best opportunity to invest and buy more, but the problem is that most people think that the game is over and they should sell.

So, always when you invest in digital currencies, consider that your money has been stolen or disappeared, and then any profit, whatever it is, will be a good profit for you. As for the loss, it is not calculated, and therefore no matter how low the price is, you will not be afraid to sell.

I remember being a beginner and my purchases are still the best investment so far.

JooBra

full member

Activity: 1204

Merit: 162

Quote from: ANSEL_2.0 on April 17, 2022, 04:23:36 AM

This question is for those that are here when bear market of 2018 stormed the crypto space, how doesn't it feel like? All those staking for perceive income makes sense at all? Or returns went so bad and makes staking looks like a bad idea? How does it felt like.

Honestly it depends are you long term or short term in crypto. If you are long term then it bear market is good chance to get some coins on discount. As metter of feeling it feels really bad but thats the nature of crypto.

makishart

legendary

Activity: 3108

Merit: 1029

Quote from: ANSEL_2.0 on April 17, 2022, 04:23:36 AM

This question is for those that are here when bear market of 2018 stormed the crypto space, how doesn't it feel like?

I feel like that if you are riding the roller coaster that will bring you to the bottom and then to go up again. I have experienced whole of my assets worth nothing for temporary and a few years later all of my assets were reaching the ATH again. That's the worst time in the crypto industry when you are seeing your money gone for temporary and people with weak mental would cut loss their investment for sure.

Quote from: ANSEL_2.0 on April 17, 2022, 04:23:36 AM

All those staking for perceive income makes sense at all? Or returns went so bad and makes staking looks like a bad idea? How does it felt like.

For people who wanna earn more tokens or coins instead of seeing it from the fiat value and nothing wrong with it. that's why you must always try to put some as reserved funds when the crypto market face big bearish trend and you will have urgent money.

redwine49

full member

Activity: 1092

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Quote from: ANSEL_2.0 on April 17, 2022, 04:23:36 AM

This question is for those that are here when bear market of 2018 stormed the crypto space, how doesn't it feel like? All those staking for perceive income makes sense at all? Or returns went so bad and makes staking looks like a bad idea? How does it felt like.

The last crypto bear market is not good. It's bad time for me especially when my bussiness went wrong.
I am forced to sell 80% of my crypto at much lower prices than now, just to keep the wheels spinning and now i'm still trying to get back up

mindrust

legendary

Activity: 3276

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Quote from: ANSEL_2.0 on April 17, 2022, 04:23:36 AM

This question is for those that are here when bear market of 2018 stormed the crypto space, how doesn't it feel like? All those staking for perceive income makes sense at all? Or returns went so bad and makes staking looks like a bad idea? How does it felt like.

It went down first. Then it went up. Everybody thought the bear market was over and then it went down again. Then it went sideways for a long time. People thought again, the bear market should be over by now and it went down even more. Then it went up and passed the last ATH.

^Basically every bear market there is in history^

I don't think this bear market is going to be an exception.

yurez

hero member

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Quote from: ANSEL_2.0 on April 17, 2022, 04:23:36 AM

All those staking for perceive income makes sense at all?

January 2018 to April 2019 was the hardest bear market for me. During that period of time, I almost stopped doing PoS mining and sold a lot of coins at a loss. I hope that the bear market of 2018 will not repeat itself in the near future, although I will be morally ready for it.
At the moment I am staking some tokens on the Binance exchange and I accept everything that comes with this risk.

FrozenBit

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Quote from: ANSEL_2.0 on April 17, 2022, 04:23:36 AM

This question is for those that are here when bear market of 2018 stormed the crypto space, how doesn't it feel like? All those staking for perceive income makes sense at all? Or returns went so bad and makes staking looks like a bad idea? How does it felt like.

The truth for me personally is that the losses persisted, and I could not continue to maintain the source of money to participate in the market. Indeed, it was one of the big lessons for me. I remember I made a lot of money before, but after a vicious cycle from the ICO, I was almost stuck with losses. Although not so heavy, it also made life cluttered. I think that newbies will not be able to avoid this problem when the background knowledge as well as maintaining the investments are not suitable for their finances. Over time, I have always loved this market and am satisfied with what I have got.

TreyARC

jr. member

Activity: 110

Merit: 1

I heard it was so terrible that many left thinking it was over for crypto, mining and staking became a total joke as they aren't even near to making sense at all, I don't think the same thing will happen because crypto adoption of 2021-2022 is far different from 2017-2018.

aprilnot

full member

Activity: 1204

Merit: 102

it feels so terrible, sometimes I even think crypto is over. I'm scared every time I look at the crypto market, I see that my portfolio is lose. If at that time I gave up and sold everything, I wouldn't be here today. maybe that choice will be the biggest regret of my whole life later. but if today the bear market starts, I won't be as pessimistic as I used to be. I will use this as another opportunity to build my portfolio. waiting for the next 2-3 years is no longer a problem for me, because I have experienced it in the past. the second time didn't scare me.

ANSEL_2.0

member

Activity: 271

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This question is for those that are here when bear market of 2018 stormed the crypto space, how doesn't it feel like? All those staking for perceive income makes sense at all? Or returns went so bad and makes staking looks like a bad idea? How does it felt like.

Topic: How was last crypto bear market - page 11. (Read 1283 times)