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kryptqnick

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Quote from: CrossroadBTC on October 12, 2021, 08:03:22 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

Activity: 2212

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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

hero member

Activity: 1512

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Quote from: CrossroadBTC on October 12, 2021, 08:03:22 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

member

Activity: 1764

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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

hero member

Activity: 1148

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Quote from: CrossroadBTC on October 12, 2021, 08:03:22 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

member

Activity: 252

Merit: 10

Quote from: susuberuang on October 16, 2021, 08:49:54 AM

Quote from: darahjuang on October 16, 2021, 08:29:25 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

Activity: 926

Merit: 100

Quote from: darahjuang on October 16, 2021, 08:29:25 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

member

Activity: 252

Merit: 10

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

full member

Activity: 1050

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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, 08:03:22 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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Leading Crypto Sports Betting & Casino Platform

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

sr. member

Activity: 1610

Merit: 264

Quote from: CrossroadBTC on October 12, 2021, 08:03:22 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

sr. member

Activity: 1344

Merit: 261

Quote from: CrossroadBTC on October 12, 2021, 08:03:22 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

sr. member

Activity: 1036

Merit: 311

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

Merit: 501

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

legendary

Activity: 2716

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Once a man, twice a child!

Quote from: CrossroadBTC on October 12, 2021, 08:03:22 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, 08:03:22 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, 11:21:14 AM

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, 08:12:07 AM

Quote from: CrossroadBTC on October 12, 2021, 08:03:22 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

member

Activity: 759

Merit: 15

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

sr. member

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Quote from: Skinny48 on October 12, 2021, 08:22:25 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

iv4n

legendary

Activity: 3248

Merit: 1179

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.

DOH!

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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

flip4flop

full member

Activity: 378

Merit: 135

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.

Yaunfitda

hero member

Activity: 2870

Merit: 594

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.

Synerggy

member

Activity: 248

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Futiracoin.com

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

Betaj00

jr. member

Activity: 315

Merit: 2

Quote from: Cryptoababe on October 12, 2021, 08:27:10 AM

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.

btc_angela

hero member

Activity: 2660

Merit: 551

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.

maydna

hero member

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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 Grin

Nasuhalugu

member

Activity: 414

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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.

susuberuang

full member

Activity: 926

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Quote from: Skinny48 on October 12, 2021, 08:22:25 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

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.

Cryptoababe

member

Activity: 898

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Do it For Better Humanity (Bitget trader)

And because of bear market, Crypto traders will be able to understand more about how crypto trading works because good traders never stop trading.

crwth

copper member

Activity: 2940

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https://linktr.ee/crwthopia

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.

Skinny48

member

Activity: 448

Merit: 18

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

Bttzed03

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https://bitcoincleanup.com/

Quote from: CrossroadBTC on October 12, 2021, 08:03:22 AM

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.

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.

Jackl87

sr. member

Activity: 1722

Merit: 269

Quote from: CrossroadBTC on October 12, 2021, 08:03:22 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.

CrossroadBTC

member

Activity: 182

Merit: 14

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

Topic: It is what it is (Read 202 times)