1. Who sold the top waits for that bear market to get back into market.
2. Unwanted market is silly term, what that even means? Who sold wish to see a bear market to buy, those who buy wish a bull market, unwanted market is when you don't get what you wanted, that happens to all of us from time to time.
3. Many project will die anyway, there are zillion projects so it's normal for many of them to die, strong one will survive.
4. More bans will come for sure, more countries will make it legal... World is big.
5. Some countries, companies and people are saying nonsenses about Bitcoin and crypto for years, and where are we now compared with 5-10 years ago?
6. & 7. You got this two right.
Topic: It is what it is - page 2. (Read 202 times)
The fact that many newbies do not completely pay attention to learning and shaping specific plans to deal with or limit the risk of fluctuations from the market allows a suitable level of ups and downs. Even a bear market has a pivotal period where a psychological re-establishment of a new market is most of the time. It should be and obviously it happened if it wasn't consistent, it's clear that anyone could be swept away in that vortex
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.
It's inevitable, bear market will come, whether we like it or not.
The thing is that you are prepared for it, specially if you have experienced it in 2018. I know it's hard for the majority of us, we really don't know if we are going to hold on our coins or just sell.
As for point #4 - not sure if there will be more ban on crypto, depends on how you defined ban.
#5 - that's how it is on a bear market, there will be a lot of fuds and negative things.
The thing is that you are prepared for it, specially if you have experienced it in 2018. I know it's hard for the majority of us, we really don't know if we are going to hold on our coins or just sell.
As for point #4 - not sure if there will be more ban on crypto, depends on how you defined ban.
#5 - that's how it is on a bear market, there will be a lot of fuds and negative things.
Everyone hates bear market but that's the only way we can make good profits in crypto space, you can't keep buying coins at ATH and expect the coin to keep surging, there will always be rebounds and corrections too, bear market has its own advantages too
And because of bear market, Crypto traders will be able to understand more about how crypto trading works because good traders never stop trading.
I believe that Bear market means opportunity for again buying some good coin for future. Bear market is effective for day traders and Short time investor, but it is not effective for Long time investor.
One lesson I learned from the bear market.
It's that time of the year to accumulate a lot of good coins because they are so cheap.
Just look at Ethereum, if I'm not mistaken, it went below $100 even $80 in 2018. But slowly gain back what it lost in 2019 and when the bullrun resumes it went to 4 digits and now sitting at $3k++. I know that bear market is long and painful, but you also can take advantage of that situation to make you a bagholder.
It's that time of the year to accumulate a lot of good coins because they are so cheap.
Just look at Ethereum, if I'm not mistaken, it went below $100 even $80 in 2018. But slowly gain back what it lost in 2019 and when the bullrun resumes it went to 4 digits and now sitting at $3k++. I know that bear market is long and painful, but you also can take advantage of that situation to make you a bagholder.
1. Not really because if those people have money, they will wait for the bear market to buy many coins.
2. If you can ready for anything that can happen to the market, you will not surprise because you know what you need to do.
3. It could be because the competition becomes tough and if the project can not give what they promise to their investors or people, they will lose the chance to grow their project.
4. It could happen as we already see what happened to crypto in some countries.
5. I am not sure about that because crypto became more popular a few years ago and it attracts more attention from people and companies so the government needs to be careful to act.
6. Not all whales moves will target the next BTC halving because some will not care about that and only wait for their target price in the future.
7. Hopefully, I can become the next new whale
2. If you can ready for anything that can happen to the market, you will not surprise because you know what you need to do.
3. It could be because the competition becomes tough and if the project can not give what they promise to their investors or people, they will lose the chance to grow their project.
4. It could happen as we already see what happened to crypto in some countries.
5. I am not sure about that because crypto became more popular a few years ago and it attracts more attention from people and companies so the government needs to be careful to act.
6. Not all whales moves will target the next BTC halving because some will not care about that and only wait for their target price in the future.
7. Hopefully, I can become the next new whale
I don't care point by point as you mentioned in this year. There are several points that I think are right with what I have observed this year on the market situation and conditions that have been corrected several times. One of the most basic is that long-term investments are more profitable and the top coins are safer.
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
Everyone who expects a bear market will still expect a bull run after they have finished compiling their portfolio on the coins they already have, so don't be a hypocrite when you only expect a bear market but don't expect a bull run.
And because of bear market, Crypto traders will be able to understand more about how crypto trading works because good traders never stop trading.
No one would like something that is decreasing in value, but it is a long-term thing if you look at it differently. It will make itself an opportunity. The opportunity to buy more of a coin that you genuinely believe in. Whether it's in BTC, ETH, or any altcoin that has the potential to grow in the long term because of its technology and the developers behind it, it will surely succeed in no time. Being with a particular project for a long time could carry out something that could make you rich. Accumulating is the key to freedom, and being in the cryptocurrency space is already the first step.
Anyway, if we correlate all the hype before with the ICOs and IEOs, some of it had died, and looking at the current situation that we are in now, it's kind of different because the applications that projects created are somewhat more applicable and nearer to the people that's why it's thriving. It can be applied to some projects for sure but not everything.
Whales are always going to be there. If you are going to HODL continuously, I think you can continue to become one. Accumulate. That's always going to be a key goal towards these crazy times.
Anyway, if we correlate all the hype before with the ICOs and IEOs, some of it had died, and looking at the current situation that we are in now, it's kind of different because the applications that projects created are somewhat more applicable and nearer to the people that's why it's thriving. It can be applied to some projects for sure but not everything.
Whales are always going to be there. If you are going to HODL continuously, I think you can continue to become one. Accumulate. That's always going to be a key goal towards these crazy times.
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
Lessons I've learnt from bear market
1. No one wants bear market 😂
Not really. I want bear market if I want to enter the market again after cashing out profits. It's how the big boys make a lot of fortune. I know of a guy who was late of the 2017 cycle but took advantage of the 2018-2019 bear market to accumulate and build volume. He bought a coin worth $0.06 at the time and it's now over $2.1. No one wants bear market 😂
That's the lesson you should take. Prepare an exit strategy to have enough ammunition for the upcoming bear cycle and accumulate. You'll be in a great position for the next bull cycle.
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. 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.
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. 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
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