Topic: Lesson from bear market - page 7. (Read 23425 times)
In a bear market situation, there is not only bullish market after it, besides bearish market can be a long time process. But speaking of risky task during bear market, its good to buy more in what you have invested since the cost is low, eventually there are some investors got more profit from bearish market since they are planning for a long term investment in a bear market time.
Always buy your coins and tokens in bear season ,it's the wisest move and there is no way you won't make profit out of it ,and its a bad idea to trade in bear market because it can be really hard to predict market movement
In such a market, you can catch the fluctuations of a certain altcoin and thus try to earn something, but you should not make some global steps. All the same, the market is not stable enough.
Indeed, patient is the key. When bear market, its happen to all investor and portfolio drop more than 80% because price decline happen on bitcoin too. When bear market, i think there is an opportunity for buying and accumulating more good coin.
It is difficult to say patience is key when most people entered thinking of x100 or go to the moon in a few days or weeks. I remember when I was still joining a lot of Telegram channels, everybody said "patience! a few more weeks!" and I thought,,, wow and here I am thinking when I bought I had to be waiting 2 years minimum.
Do not just accumulate any coin without logic too, recipe for big, big failure.
Current condition different with 2017 condition when any coin could give us profits more than x10. I think many lesson we got from last bear market and now many investor prefer choosing legit coin with good product and listed in big exchangers.
The growth and fall of the market will replace each other. But after last year's failure, most people have become more cautious in their choices. Many people take profits after a relatively small increase in the price of coins.
Indeed, patient is the key. When bear market, its happen to all investor and portfolio drop more than 80% because price decline happen on bitcoin too. When bear market, i think there is an opportunity for buying and accumulating more good coin.
It is difficult to say patience is key when most people entered thinking of x100 or go to the moon in a few days or weeks. I remember when I was still joining a lot of Telegram channels, everybody said "patience! a few more weeks!" and I thought,,, wow and here I am thinking when I bought I had to be waiting 2 years minimum.
Do not just accumulate any coin without logic too, recipe for big, big failure.
lesson is you can never predict how long a trend will continue. entrance point or buy point can be look very cheap but if you buy it in a bear season it can go even much much cheaper so you may have to wait so long for market to recover.
That is true, that we cannot predict the crypto market and even everyone is very difficult to predict. However, if we are sure to buy altcoin for example and hold it until the market recovers, of course there are very many benefits that we get. Unfortunately, when bear markets occur. not many people buy and store their assets.Yes also true. But it is quite normal. this market is quite new and people mostly joined to this ecosystem very newly. so they are mostly want to be in safe side and try to exit when the market is reddish. but of course holders usually win with their patience.
lesson is you can never predict how long a trend will continue. entrance point or buy point can be look very cheap but if you buy it in a bear season it can go even much much cheaper so you may have to wait so long for market to recover.
That is true, that we cannot predict the crypto market and even everyone is very difficult to predict. However, if we are sure to buy altcoin for example and hold it until the market recovers, of course there are very many benefits that we get. Unfortunately, when bear markets occur. not many people buy and store their assets.
Always buy your coins and tokens in bear season ,it's the wisest move and there is no way you won't make profit out of it ,and its a bad idea to trade in bear market because it can be really hard to predict market movement
lesson is you can never predict how long a trend will continue. entrance point or buy point can be look very cheap but if you buy it in a bear season it can go even much much cheaper so you may have to wait so long for market to recover.
Bear market gives us a lot lessons that we can apply in our next journey in cryptocurrency that we even its a bear market we can still make investments but in projects that can actually grow in the future like Dencoin tokens so if you are looking for investments must try this project and do investments for our future profits.
Lots to learn always. But waiting patiently is the best idea during these bear market time. Benefits would be higher in the end.
What I learned from a bear market is never sell youre coins who depleted much. Learn the word patience. Sometime bear market is very tricky, if you sell it on a low price then youre dead but if you wait for a good price then youre good to go. Thats how you play with a bearish scenario. Many people are dissapointed right when the bull run event suddenly drop like a wind but some already figure out that this will happened and just play.
My major learning from bear market:
Use a stablecoin to preserve value if you are not ready yet to convert to fiat or can't convert to fiat. It's a good that the market has lots of stablecoins now. Before only Tether was the stablecoin and there was so much FUD on it. Now we have options to somehow preserve gains/value if the value dips a lot.
Use a stablecoin to preserve value if you are not ready yet to convert to fiat or can't convert to fiat. It's a good that the market has lots of stablecoins now. Before only Tether was the stablecoin and there was so much FUD on it. Now we have options to somehow preserve gains/value if the value dips a lot.
If want to trade in bear market, its better using USDT pairs. Stablecoin help us to maintain our portfolio value during bear market and when we think bullish sign, we can buy bitcoin or good crypto again
It is important to be conscious that in crypto anything could happen so we don't get caught up in it.Crypto is full of up and down.
You're right sir.... We should always ready for cryptocurrency market... Because it is not always gain time.. Sometimes it is more loose than gain especially if we are not aware of doing it just like trading... So better be knowledgeable in everything we do in terms of crypto..
Instead of trading in the bear market on the spot exchange, why don't you at the bearish market trade with margin futures and predict further downwards of the price of the coin.That is the most important bear lesson anyone can obtain.
The interpretation we give to the different situations of the market is quite different. The bear market in the crypto space should be seen as an opportunity. Despite some people having the fore knowledge of the different trends in the space, yet they will get manipulated to sell at loss, instead of being patient or buy more with the advent of the bear market. The secret about it is, if you cannot buy, hodl.
The lesson I learnt in the bearish market is not to hold a particular coin till eternity because what goes around comes around. Its possible a coin keeps going high in price and that same coin can come down at anytime. I learnt to stop loss whenever my holdings is decreasing in value. I learnt not to hold too much.
the lesson that I can take from the bear market is, patience, and certainly good at choosing coins that I have to buy when the price is cheap and has a good future so that if the pump happens I can get multiple profits from my investment.
The lesson which i learn in bear market is how to buy more reliable coins, i have miss buy low and sell high time which mean i have learn my lesson.
What I learned the most from the market is that I should not be greedy and should preserve my assets as much as possible. Because then you can do everything to earn profit later
Major lesson i learnt during this past bear market was never to panick sell your hodlings, you can only actually loss money when you sell but if you are patient enough (although very hard) you will eventually regain your money once the market has bounced back,
Keep a positive spirit and occupy yourself with other activities offline and don't listen to trolls who will want to make you panick to sell, and remember there is light at the end of the tunnel
Keep a positive spirit and occupy yourself with other activities offline and don't listen to trolls who will want to make you panick to sell, and remember there is light at the end of the tunnel
The lesson which i learn in bear market is how to buy more reliable coins, i have miss buy low and sell high time which mean i have learn my lesson.
What I learned the most from the market is that I should not be greedy and should preserve my assets as much as possible. Because then you can do everything to earn profit later
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