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kryptqnick

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Quote from: CrossroadBTC on October 12, 2021, 09:03:22 AM

Lessons I've learnt from bear market

1. No one wants bear market 😂
2. The unwanted market will eventually comes and caught many unprepared
3. Many projects of 2020 and 2021 will die a slow painful death
4. More ban on crypto will come
5. Some countries will start saying nonsense about crypto again and the market will go down even more
6. Every whales next move will target next BTC halving again, it's all cycle
7. Long term holders will become the next new whales again

1 is almost true, but some people actually want the bear market because they want an opportunity to buy some coins at lower prices. I'd say that 3 needs a minor correction: almost all of them will die, and probably not that slow. Most strong projects are those that were created prior to the 2017 boom, let alone the 2021's. Regarding 5, I think we'll see negative statements, but they will have less impact on the price than they used to have. As for 6, I don't get why it's specifically about halving, and I honestly don't believe in whales' price manipulations.

bitcon

legendary

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From the bear market I get to know that people get rid of all risky altcoins so many of them are not likely to survive the dip especially those that are either useless or too banal, so you had better not hold shitcoins and sell them off when bear market starts and accumulate stable coins so as to buy more mainstream currencies when there will be a full dip.

Bear markets are unpredictable usually, but we should always remember that it can happen any time just because of some bad news. Lips sealed

indah rezqi

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Quote from: CrossroadBTC on October 12, 2021, 09:03:22 AM

Lessons I've learnt from bear market

1. No one wants bear market 😂
2. The unwanted market will eventually comes and caught many unprepared
3. Many projects of 2020 and 2021 will die a slow painful death
4. More ban on crypto will come
5. Some countries will start saying nonsense about crypto again and the market will go down even more
6. Every whales next move will target next BTC halving again, it's all cycle
7. Long term holders will become the next new whales again

The fifth point in my opinion is only those who do not know more about the advantages and disadvantages of cryptocurrencies or rather those who have very little knowledge of crypto. No market is always in good shape or the price of a coin is always rising. If that's the case, then it's not a market for me. The market must have ups and downs.

trauchot

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Of course, all investors want the cryptocurrency market to grow constantly, but unfortunately this cannot be, and therefore, at times, it is necessary for the cryptocurrency market to go down sometimes too, also many different cryptocurrency projects that appeared in 2020 and in 2021 will soon die for various reasons and with there is nothing to be done about it, but as for the fact that some countries do not want to recognize cryptocurrencies, its not a huge problem, since the cryptocurrency market is constantly growing and all countries in the future will recognize cryptocurrencies, so we just have to wait and hope that it will be as fast as possible.

airdata

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Quote from: CrossroadBTC on October 12, 2021, 09:03:22 AM

Lessons I've learnt from bear market

1. No one wants bear market 😂

Absolutely, we are waiting for Next bull run from previous six month, becouse bear market means a loss, a lot of coin's price is under bottom, full market is red. But it is true that we can't expect always positive site in crypto market, Bull and Bear both is a part of crypto market.

darahjuang

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Quote from: susuberuang on October 16, 2021, 09:49:54 AM

Quote from: darahjuang on October 16, 2021, 09:29:25 AM

Holding in the long term will not always be profitable, because as long as the profit limit has been reached, then choosing to sell is also appropriate, although I am also more interested in holding coins or tokens in the long term. I can say that setting a target in holding is very important.

There are two types of people who choose to hold in the long term, the first is the person who has more capital so he chooses to convert his capital in the form of good cryptocurrency coins and doesn't see it often, and the second is the person who holds to set a profit and even then it won't too long if the target has been achieved very well, that is generally what is happening now.

Of the two types of people who choose to hold in the long term, I'm more interested in holding on target. If it is achieved, then I will sell it. This is because the current capital is very limited. The coin I chose to do it on was on a coin that had good value.

susuberuang

full member

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Quote from: darahjuang on October 16, 2021, 09:29:25 AM

Holding in the long term will not always be profitable, because as long as the profit limit has been reached, then choosing to sell is also appropriate, although I am also more interested in holding coins or tokens in the long term. I can say that setting a target in holding is very important.

There are two types of people who choose to hold in the long term, the first is the person who has more capital so he chooses to convert his capital in the form of good cryptocurrency coins and doesn't see it often, and the second is the person who holds to set a profit and even then it won't too long if the target has been achieved very well, that is generally what is happening now.

darahjuang

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Holding in the long term will not always be profitable, because as long as the profit limit has been reached, then choosing to sell is also appropriate, although I am also more interested in holding coins or tokens in the long term. I can say that setting a target in holding is very important.

bahagia93

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Quote from: ?? on ??

More bans can be imposed on cryptocurrencies in the future indeed. But just don't say it by looking at China's such action. Grin

They have already been antagonizing Bitcoin and the rest of the cryptocurrency market a lot. Because they didn't want their people to make investments and lose money there. And we already know how much firm China is about external technologies which they don't develop I mean.

If they are afraid of cryptocurrencies for reasons of losing money, then they also need to look at people who have been rich and became rich in cryptocurrency, but from my analysis, they are not afraid of cryptocurrencies because of that, but rather the lack of control over them so special that they often create FUDs for Bitcoin.

blockman

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Quote from: CrossroadBTC on October 12, 2021, 09:03:22 AM

Lessons I've learnt from bear market

1. No one wants bear market 😂
2. The unwanted market will eventually comes and caught many unprepared
3. Many projects of 2020 and 2021 will die a slow painful death
4. More ban on crypto will come
5. Some countries will start saying nonsense about crypto again and the market will go down even more
6. Every whales next move will target next BTC halving again, it's all cycle
7. Long term holders will become the next new whales again

It's the typical cycle that we get in once this bull run is done. But it seems that we're not yet going to see the bear market this time and while bulls are here, we just have to feel and enjoy it. And if you haven't taken your profits then don't worry about it and just wait until the right time for your assets to flourish once again. As for the next bitcoin halving that will commence in 2024, yeah just like the title you've made. For sure that we're looking forward to seeing what will be the price of bitcoin by that year and by 2025 and so. The hope of 6 digits for bitcoin by that time is very likely but many predictions are telling that it will happen early.

Webetcoins

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I like to add in "there will be good news" as well. I mean we had a lot of good news during this cycle and I bet that next cycle will have a lot of good news as well. I do not know when that will happen but I know that it will happen. Hopefully that will be something great and not just good, El Salvador adding bitcoin as legal tender is a great news but it is a small nation. Imagine the same news but as a bigger nation, that would be something awesome.

All in all the rest of the list looks proper, I would agree that it keeps happening all the time, but I do not know if holders now could be whales later, depends on the coin but if you buy bitcoin now, you will not turned into a whale because of some increase, even if bitcoin goes from 57k to 1 million dollars that is less than 20x and unless you are already rich, you won't be a whale when that happens.

isaac_clarke22

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Quote from: CrossroadBTC on October 12, 2021, 09:03:22 AM

Lessons I've learnt from bear market

1. No one wants bear market 😂
2. The unwanted market will eventually comes and caught many unprepared
3. Many projects of 2020 and 2021 will die a slow painful death
4. More ban on crypto will come
5. Some countries will start saying nonsense about crypto again and the market will go down even more
6. Every whales next move will target next BTC halving again, it's all cycle
7. Long term holders will become the next new whales again

Wat? Who does not want bear market?
How about people needing to get more coins to buy more? Isn't that an opportunity to buy more in case a shitcoin goes to moon? /s Cheesy

Not surprised about #3..... if it is a shitcoin.
How are you so sure with #4? Stop spreading FUDs.

dupee419

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Quote from: CrossroadBTC on October 12, 2021, 09:03:22 AM

Lessons I've learnt from bear market

1. No one wants bear market 😂
2. The unwanted market will eventually comes and caught many unprepared
3. Many projects of 2020 and 2021 will die a slow painful death
4. More ban on crypto will come
5. Some countries will start saying nonsense about crypto again and the market will go down even more
6. Every whales next move will target next BTC halving again, it's all cycle
7. Long term holders will become the next new whales again

You'll get used to it, just keep on trading and you'll learn how to deal with the bear market. You're actually wrong with the bear market though being unwanted, as much as people wants a bullish season, the bear market is still a sign to buy your crypto at a low price and wait for the next bullish movement, it may look like a cycle but really it doesn't.

I am sure that weakly established projects will surely die, alongside with the poorly supported ones, majority of them will die and that's how it usually goes every year.

dbc23

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It's only does who sees crypto as ponzi that would be afraid of bear market. For those who understands the market embraces bear market because it's the best time to fill up portfolios buying more and holding even longer than expected.

For government ban on crypto this will always be. It's becoming a norm and investors are getting used to it already as more ban treat surfaces newer investors take advantage of the decline In price to join the market from where the missed out from. I would even be happy each time cryptos hits a new ATH the should be a strong news to ban crypto so it drops back for a new rally for a newer ATH

Marykeller

hero member

Activity: 1064

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Don't make it seems as if it's a bad thing to experience a bear market. The bear market always happens every season, nobody can't predict or stop it from happening. Only the weak hand's shivers when the bear market kickoffs(selling their tokens for pennies).
All emphasis is now on the coming bull season that will happen between October, November.
Help spread the good news than putting fears in peoples minds.

Mpamaegbu

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Quote from: CrossroadBTC on October 12, 2021, 09:03:22 AM

6. Every whales next move will target next BTC halving again, it's all cycle

Though I'm not anywhere near a whale but I'm already looking forward to 2024 for yet another halving and the rally that will emanate from such action. It's really blissful to watch bulls rally than watch bears mess up one's whole plan.

Quote from: CrossroadBTC on October 12, 2021, 09:03:22 AM

7. Long term holders will become the next new whales again

The easiest way for long term hodlers to achieve that will be to either sell off once they sight a dip or to buy during a dip if they've the cash. Ruefully, when this dip occurs a lot of investors develop cold feet and would rather stay on the sidelines until price begins to pick up and then they begin to chase price. It's a circle.

Yogee

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Quote from: flip4flop on October 12, 2021, 12:21:14 PM

Everyone always claims they are waiting for a bear market so they can accumualte coins, or buy GPUs cheaper. In reality, about 80% of those who say those things will not make a single purchase of either of those as they will be paralyzed by a market that keeps dropping. Or they will try and catch a falling knife thinking the bear market will last a few weeks or a few months then sell at a loss because they took to much risk buying the dip. Those who just got into crypto in the last 12-24 months would be wise to study charts dating back years and see how long this bear market could actually last. You think you want a bear market until its been over a year of bleeding.

CrossroadBTC who started this post doesn't like bear market so it also means that he's not waiting for it to happen. It's the experienced traders and investors or those that already a hard lesson from the last cycle that wishes for the bear market to come. Their numbers is obviously less than the newbies who are still in FOMO mode so you're right they will sell at a loss when things go south or forced to hold a losing bag.

Bitstar_coin

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Quote from: Jackl87 on October 12, 2021, 09:12:07 AM

Quote from: CrossroadBTC on October 12, 2021, 09:03:22 AM

Lessons I've learnt from bear market

1. No one wants bear market 😂
2. The unwanted market will eventually comes and caught many unprepared
3. Many projects of 2020 and 2021 will die a slow painful death
4. More ban on crypto will come
5. Some countries will start saying nonsense about crypto again and the market will go down even more
6. Every whales next move will target next BTC halving again, it's all cycle
7. Long term holders will become the next new whales again

I agree with most of your points and especially with point 3 and i want to add to this point that 95% of those project that will die in the near or midterm future will be all those meme-projects that started to appear a few months ago (and still appear every single day) and i have to say i wil be very happy once those projects are dead and this hype is gone. In the end i think it was and still is pretty harmful for the crypto-space.

To your 5th point i would say that news regarding crypto don't have that big of an impact anymore that they had a few years ago. This is true for positive news but also for negative news. I mean that news a few weeks ago that china deems cryptos illegal (again) did have some impact, but not that much.

You may think one's those one's are dead the market will be free of shitcoins but as we already know, new cycle, new trend, new hype and more shitcoins, who knows what will come next and create more hype that will give birth to more of this worthless projects, unfortunately when sone are dying new ones are being created.

devil2man

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is this the routine of crypto markets you have to get used to, the bull and bear phases follow each other cyclically, many projects are unsuccessful even if they are valid ideas due to lack of funds, others are scams, few are successful, some altcoins lose all value others triple the value, but this is the beauty of this world of crypto, uncertainty

sirminesalot

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Quote from: Skinny48 on October 12, 2021, 09:22:25 AM

Those who don't want the bear market now are miners who buy GPUs at higher price which will take them 6montjs to get back half of their ROI, it's pretty a bad move, as for me im praying for bear market to come so I can build my long awaited crypto portfolio and also buy some GPUs for way lesser price

The miners who have to pay their electricity bills from selling the coins that they mined is suffering on this bear market, but the miners who invest their wealth to mine crypto and hold it, i think they are fine because they know the price in the future will be worth the wait.
But yeah, just like the number 1 statement from the OP. No one wants bear market Grin

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