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Topic: Just how bad is the bear market right now? - page 2. (Read 1050 times)

member
Activity: 99
Merit: 10
It's very obvious that the market situation is bad. We've seen the price going as low as $15k, -74% from our last all time high just a year ago. ETH is down -73.18%, BNB is down 61.09%.

So that's only the top 3 crypto, what else if we look down in the list? I'm sure that there are a lot who has -90% or even higher.

The scary thing is that it's just the start of the bear market and what others have said, next year could be worst, so we need to get ready in the next 12 months still because the market should still be in the shaky ground.
2023 is a more anxious year. Obviously, the general environment is not good. The global economy has entered a cold winter, with no income, facing unemployment, declining consumption power, no money to repay loans, and how can I have money to buy Bitcoin. I think I am not alone. This is the case.
newbie
Activity: 35
Merit: 0
Thinking about how bad the current bear market is is less about thinking about how to take advantage of the current situation. Over the past few years, the crypto market has still proven to be good. The bear market is precisely the best time for investment accumulation. Many well-developed currencies have been able to recover from bear markets and still have high growth potential.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
Just how bad is the bear market right now?
Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.
It was really bad for those who think that bear season is a losing season but for those who take a look on the opposite side, they consider this as an opportunity. I was not hesitant to see the situation again (and again) but never I seen the market that worse. We only make ourselves bothered too much by the FUDs around and then drive us to think negatively. Panic and emotions - I couldn't really imagine a person would think positively if they already lived to such things.
full member
Activity: 2268
Merit: 121
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
If we say this was the worst time maybe it wasn't, it was a few years ago almost the same thing but it was worse than this, and finally bad it turned into a perfect thing when the Bear Market disappeared and the Bull Market entered the market, Crypto market is cyclical , and now the Bearish cycle is coming, and this cycle will continue to rotate, now we are in a Bearish cycle, it is very likely that this cycle will change to Bullish.
Crypto will always repeat itself either when there is a decline or when it will increase, and this cycle is always repeated until the upcoming halving period, precisely when this is the most appropriate time to continue hunting for good coins to invest in. every time a vase bear market occurs, it will not be long before it will be followed by a vase bull market, but indeed the bear market will occur for quite a long time now because it is estimated that only 2024 will start entering the bull market period, and even then it will occur entering the second quarter.
full member
Activity: 466
Merit: 159
Buzz App - Spin wheel, farm rewards
December 31, 2022, 10:10:31 AM
If we say this was the worst time maybe it wasn't, it was a few years ago almost the same thing but it was worse than this, and finally bad it turned into a perfect thing when the Bear Market disappeared and the Bull Market entered the market, Crypto market is cyclical , and now the Bearish cycle is coming, and this cycle will continue to rotate, now we are in a Bearish cycle, it is very likely that this cycle will change to Bullish.
hero member
Activity: 1330
Merit: 585
Leading Crypto Sports Betting & Casino Platform
December 31, 2022, 08:01:28 AM
Bearish trend is part of the market movement. For this reason whether the market is bullish or bearish, just enjoy it. Every bear market is followed by a bull market. It is a must to enjoy the market movements and try to make an earning out of the volatile market unlike the market trend. Patience is the only key required to enjoy the outcome of the bear market, which is the the beginning of bull market.
rather it's all a cycle when the bearish comes, there will be bullish arriving, and it will keep repeating itself.
a lot of people think that this year's bearish cycle is very bad, but for me it has happened in the past and I'm not really surprised.
it's true that in a situation like the current one we shouldn't panic and have to be patient to keep collecting decent assets for us to hold until the price really reaches ATH or wait for the bulls to arrive.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
December 30, 2022, 03:42:10 PM
Realizing that bear market is not "bad" is the key to your success if you keep thinking that it is bad then you are going to be upset about it all the time. Realizing it is not a bad thing but a profit making chance will give you the chance to focus on it as much as you possibly could. I personally believe that we should be happy when there is a market crash.

I know this sounds crazy, why would I be happy when my portfolio is 80% down right? Well simply because it means you could buy bitcoin for so much cheaper and that gives you a chance to make a lot more profit later on when the price finally goes back to ATH prices yet again, and you would be getting richer and richer.
newbie
Activity: 37
Merit: 0
December 30, 2022, 02:21:38 AM
Just how bad is the bear market right now?
Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.
This bear market is so bad for short term and long term users especially for those whose first entry was above 50k . DCA is best option but I think if someone start DCA from 50k now fund will be also zero. I have sold all my tokens before December and now feeling very cool. I think we can see BTC Below 12k which will be another blow For Holders.

Not really, a bear market is a good opportunity for new investors to come in.  The current bear market isn't worse than the previous bear market we experienced.  As far as I can recall, they have the same thing, hacks, scams, company-turning fraud, and bankruptcy.  It is a normal thing in a bear market so I can say, the market is just as bad as the previous one and like the previous one, the market will eventually recover.

Crypto markets are cyclical. Although the market is still in a bear market right now, it is a good time to accumulate for future appreciation. Just take the opportunity to buy low and Bitcoin and the crypto market will rise again during the next bull run.
newbie
Activity: 27
Merit: 0
December 30, 2022, 01:26:00 AM
Just how bad is the bear market right now?
Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.
It may not be the worst time yet, I think there will be another event that completely destroys confidence, otherwise the market will not have the flexibility to go up.
hero member
Activity: 2618
Merit: 548
DGbet.fun - Crypto Sportsbook
December 29, 2022, 06:11:14 PM
#99
Bearish trend is part of the market movement. For this reason whether the market is bullish or bearish, just enjoy it. Every bear market is followed by a bull market. It is a must to enjoy the market movements and try to make an earning out of the volatile market unlike the market trend. Patience is the only key required to enjoy the outcome of the bear market, which is the the beginning of bull market.
sr. member
Activity: 1498
Merit: 443
December 29, 2022, 05:57:06 PM
#98
This bear market is so bad for short term and long term users especially for those whose first entry was above 50k .
Bearish season may be a nightmare for those people who failed to sell their coins in the previous bullrun season. But for other people, bearish season means the best time to buy coins. If there is no bearish season, we can't buy crypto coins at cheap prices. Can you imagine if no bearish season? Crypto coins may never drop their prices significantly.

I have sold all my tokens before December and now feeling very cool. I think we can see BTC Below 12k which will be another blow For Holders.
It is your own right to sell or hold your coins. But I prefer to hold if the price has already dropped too significantly. I even still hold my BTC, I don't plan to sell although it dropped below $10k.

hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
December 29, 2022, 05:53:09 PM
#97
the problem is who can understand the market for now? in normal situations it is very difficult to read market movements, especially in current market conditions. you need to know in the real world or in crypto a raging bear is much more terrible than a raging bull. So please don't say very common words like that because they don't help in the current situation.
The market is mostly moving sideways and waiting for a big enough movement to start the panic sell/buy to happen. Obviously predicting the market movements is only 50% correct but judging by the trend, it is bearish. There are a lot of reasons why the bear market for prolonged but we should look at the bright side of these things. You have a good opportunity to buy at this point as compared to what price was near all time high.

You could also have run out of liquid cash to buy bitcoin, in which case just stop buying and wait for the next bigger movement to happen, which will happen surely, but not immediately.
It seems that after so many different difficult events the market has finally become stable again, so this is a good opportunity to buy bitcoin, however if someone is looking to buy at an even lower price I think they will have an opportunity to do so as it will be very difficult for the market to not experiment at least another drop during the remaining time of this bear market, however it is difficult to know when and how long it will last so it is important to have that money ready and purchase bitcoin as quickly as possible once that drop happens.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
December 29, 2022, 10:01:38 AM
#96
the problem is who can understand the market for now? in normal situations it is very difficult to read market movements, especially in current market conditions. you need to know in the real world or in crypto a raging bear is much more terrible than a raging bull. So please don't say very common words like that because they don't help in the current situation.
The market is mostly moving sideways and waiting for a big enough movement to start the panic sell/buy to happen. Obviously predicting the market movements is only 50% correct but judging by the trend, it is bearish. There are a lot of reasons why the bear market for prolonged but we should look at the bright side of these things. You have a good opportunity to buy at this point as compared to what price was near all time high.

You could also have run out of liquid cash to buy bitcoin, in which case just stop buying and wait for the next bigger movement to happen, which will happen surely, but not immediately.
legendary
Activity: 2534
Merit: 1338
December 27, 2022, 02:09:07 PM
#95
This bear market is so bad for short term and long term users especially for those whose first entry was above 50k . DCA is best option but I think if someone start DCA from 50k now fund will be also zero. I have sold all my tokens before December and now feeling very cool. I think we can see BTC Below 12k which will be another blow For Holders.

Not really, a bear market is a good opportunity for new investors to come in.  The current bear market isn't worse than the previous bear market we experienced.  As far as I can recall, they have the same thing, hacks, scams, company-turning fraud, and bankruptcy.  It is a normal thing in a bear market so I can say, the market is just as bad as the previous one and like the previous one, the market will eventually recover.
That is what bear markets are, during bull markets even the craziest and most useless ideas and projects get millions of dollars of support as people are desperate to invest in anything that may have even a remote possibility of making them a fortune, but once this sentiment goes too far a correction is needed, and when FUD takes over the market we begin to see the new money drying out and the bad projects presenting problems to keep themselves in business, it is a natural process and for a patient investor this is a good thing as it allows them to get bitcoin for a reasonable price once again.
full member
Activity: 1708
Merit: 126
December 25, 2022, 07:49:29 AM
#94
Just how bad is the bear market right now?
Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.
The bear is not really bad if we can understand the market right now. We are all waiting for Bitcoin to take a bold move so that the rest altcoins will take a bold move too. Once the market keep going bullish other altcoins too will move upward and everything will keep going up. I am very positive about the market right now because this is the time to buy and accumulate.
the problem is who can understand the market for now? in normal situations it is very difficult to read market movements, especially in current market conditions. you need to know in the real world or in crypto a raging bear is much more terrible than a raging bull. So please don't say very common words like that because they don't help in the current situation.

If you have seen the previous market cycle, you would know how to take advantage of the bearish season. It's actually an open opportunity for everyone who wants to buy and accumulate potential coins at a cheaper price which is good preparation for the bullish season. If you'll panic and fear the bearish season, you will surely make the wrong decision of selling at the wrong time. This usually happens but as long as you are holding huge potential coins, it's best to hold and wait for the market to recover again.
legendary
Activity: 2338
Merit: 1124
December 24, 2022, 04:04:36 PM
#93
The 'Bear Market' is really bad right now sad to admit.  We have seen the price of Bitcoin between 16k and 18k for some time now.  It is still very uncertain when this 'Bear Market' will end but some people think the Bull Market will start early 2023 and this something I want to believe is going to happen.

When the price was 18k I saw many people talk about how we have hit the rock bottom in Bitcoin price and it can only go up from here. Soon after that the price went back down to 16,500 so at this point we really do not know when it will end.
I think it's not really that bad, it has been holding off very well all things considered and I believe that it should go on like that for a while longer. I am not saying that it is going to end up with a higher price right away, but I am not expecting it to do greatly in the long run neither.

It should be something that is stable for a while, and to think that we have been between 15k to 25k for the past 8 or so months, I can say that it has been quite stable compared to past. People claim bitcoin is volatile, but considering the range it had for the past 8 months, plenty of investments, including stocks, had the same sort of range as bitcoin during the same period.
full member
Activity: 1134
Merit: 100
SOL.BIOKRIPT.COM
December 24, 2022, 02:45:54 AM
#92
Just how bad is the bear market right now?
Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.
The bear is not really bad if we can understand the market right now. We are all waiting for Bitcoin to take a bold move so that the rest altcoins will take a bold move too. Once the market keep going bullish other altcoins too will move upward and everything will keep going up. I am very positive about the market right now because this is the time to buy and accumulate.
the problem is who can understand the market for now? in normal situations it is very difficult to read market movements, especially in current market conditions. you need to know in the real world or in crypto a raging bear is much more terrible than a raging bull. So please don't say very common words like that because they don't help in the current situation.
hero member
Activity: 952
Merit: 779
December 23, 2022, 08:14:26 PM
#91
if only the inflation and economic crisis had not hit the whole country, in fact the current bear market should not be so bad as it is now.

Well now all investment markets not just crypto are all experiencing pretty dire bear markets. But I believe market conditions in 2023-2024 will improve. because fud continues to scatter at the end of the current year. it shows someone is trying to lower the price because he is shopping. and by the time they're done shopping we have to get ready for the bull market to come. Good news has also started to emerge, such as Brazil which has passed a bill on crypto in their country. and the President of Brazil has signed it. the market should recover. But of course we have to be careful. because many analysts say that bitcoin has the potential for further decline. and of course it will have a very bad impact on altcoins. Dyor
hero member
Activity: 2618
Merit: 548
DGbet.fun - Crypto Sportsbook
December 23, 2022, 06:25:33 PM
#90
Every body before investing need to educate himself on the 4 year cycle that works around the bitcoin halving. And a little advice buy low and sell high but yes, it’s almost time to buy. I believe ETH will drop slightly under $1000 but you never now. Do your own research and don’t believe on YouTube because I’m certain 95% of them are just guessing.
everybody knows the cycle but the thing is, no one knows if the market gonna goes even lower or make a comeback, of course holding coins in general could save us from the headache of guessing the right time when the market gonna be changing in trend and runs towards bullish but that's only if you are patience enough and have the money to spare otherwise that would be such bad choice, but I do agree though, there's always cycle that affects the market every certain periods of time, and therefore everybody should know beforehand that in every bull run there's always massive dumps waiting in the future.
People are much focused on the four year cycle and for the same reason many keep hold with patience. This is the time we will be able to hear about more negative news around the market as well as Whales trying to create panic move to benefit out of the small holders. Entire economy is in its downturn and the same have made people focus on saving more as we don't know what happens tomorrow.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
December 23, 2022, 06:20:41 PM
#89
Every body before investing need to educate himself on the 4 year cycle that works around the bitcoin halving. And a little advice buy low and sell high but yes, it’s almost time to buy. I believe ETH will drop slightly under $1000 but you never now. Do your own research and don’t believe on YouTube because I’m certain 95% of them are just guessing.
everybody knows the cycle but the thing is, no one knows if the market gonna goes even lower or make a comeback, of course holding coins in general could save us from the headache of guessing the right time when the market gonna be changing in trend and runs towards bullish but that's only if you are patience enough and have the money to spare otherwise that would be such bad choice, but I do agree though, there's always cycle that affects the market every certain periods of time, and therefore everybody should know beforehand that in every bullrun there's always massive dumps waiting in the future.
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