Topic: Lesson from the prolonged bear market - page 2. (Read 905 times)

Buy more then 1 umbrella because redundancy is useful in its self.   If you are really talking the longest bear markets I ever seen, that'd be the decades long depressed gold prices which is just fine if you are using it to store solid value for retirement that cant get wrecked by the next bank crisis.   Buy a gold coin (whichever your nation may have had historically as currency is often best) for every working year of your life, so the idea is to distribute not be a speculator so much but obviously as you near retirement the idea of solid value becomes a greater idea then all the gambles people take in their 20's

So far as Bitcoin is concerned, everything happens in a micro kind of scale to it.   We consider a year even to be like the decade in gold market might be, that figures as the natural cycle to crypto is far quicker where as a gold mine takes a decade to establish to naturally it moves far slower.     Same kind of deal could apply, consider time distributed accumulation and really only a small amount taken from spare funds.   If its not spare you may feel pressure via pricing which means you are holding too much probably.    

Also another take from 5 years in crypto I would point out BTC is not leveraged naturally, the supply never alters no matter the price which means its very constricted and can spike due to that.   Eventually demand is served by smaller divisions made in BTC and a higher price overall, dont sell out completely.  Save your change in a virtual change jar and consider that a hundred year flood type saving (but in BTC timescale of course)


A proper market gains something even in the declines, its ongoing.  Dont be negative over 1 number when the world overall is very positive

As the bear market continues to stay in the cryptoworld, i have learned to be more and more patient with my crypto holdings and never lose hope because just recently too, bitcoin is showing a price hike. Furthermore, i also bought some of the major alt coins that i can afford while its price is low.

I learnt to persevere in the this difficult bearish market with the hope that there is hope in the future the recent pump in the price of bitcoin had really attested to the fact hodling and accumulations at this period will later results to a massive profits after the market turns bullish.

Lesson learned. Dont expect or rush up yourself too much on getting rich  With this motive alone you would really hope too much and do expect and when the market
do tends to be bearish for years then those expectations would burn into ashes.You would really realize on what you have done wrong and with that you would really be much wiser on next
move.

The bear market makes many traders take a wait, because to anticipate if prices continue to fall they are not too loss, because they wait for prices to rise.
The decision caused a lack of transactions on the market which would cause prices to go up or down so thin that there was no big speculation that could lift prices.

1% profits daily on your entire balance is a huge profit

A lot of people would happily agree on 1% monthly in a consistent and reliable manner. Personally, I target for 10% monthly but it is rarely the case because volatility has been sucking recently and I still can't efficiently deal with edge cases like the market falling too low or rising too high while doing that a bit too fast

You know you can't really expect to act rationally when things get out of hand (your hand obviously), so you are bound to make mistakes, and this is inevitable (remember, pigs get slaughtered). Other than that, I agree that you should make money whenever possible in your "range" (myself, I go for 5-7%)

The problem here is no one really knows when the bear market will end and when will be the bull market starts so investors have no ideas but still we are learning from our past experiences and from the history of the market we look at it a basis of our decisions. I believe that during this bear market season investors have already prepared their barns for a good harvest when the bull market hits.

Don't wait for the bull to run, don't wait for the bear to go away. If you have some coins with you and you see profits of at least 2% - 3% Sell and move on to another trade. 1% profits per day is 30% in a month. If you are able to be consistent in booking 1% a day, imagine how much you can make in a year. Its better than waiting for the bull run.

Yes, that is correct that all most all  coins are in downward direction, most of the coins price indirectly depending on bitcoin, but there are some potentially good coins whose price is comparatively too much stable, we need to recognize such coins and should always try to do investment in such coin if we are interested in altcoin investment. To me, I think that Etherium is also a good place for doing investment.

Prolonged bear market has happened several times from its day into existence. In the past the price of bitcoin has not reached very big during those bear markets. During those prolonged bear market the price used to fluctuate and travel for a long. Now the price peaked and after the same a bear market is hard to accept by the users. Now from my view need to go along with the market, if it peaks we need to sell and profit, and if it falls low need to invest as much possible. Altogether one should have patience is the must with cryptocurrency which is the lesson earned from bear market.

It was a good advice, actually (to invest at the beginning of a bull market)

What you say ("be greedy when people are afraid of investing and be afraid when market is up") may sound good and nice and all that, but this is no more than a catch phrase like "invest when there is blood on the streets even if it is your own blood". In most such cases you will be left with nothing if you follow this approach. I can just say that trend is your friend and never try to catch falling knives

In my opinion, advising people to invest when the bull market start is not a rational investment decision but advising them to invest more particularly now that the market is on the bearing trend will be better.
The lesson I learned was that you have be greedy when people are afraid of investing and be afraid when market is up and people are despirate to invest.

Lessons from prolonged bear market, If BTC declines there is a possibility that other coins will decline too. Another one you shouldn't trade if you cannot afford to lose all that money in one go because it's like a gamble but it needs long time of service to rise or dump. Be confident on what you own because a positive mentality is needed in here to survive the incoming heartbreaking moment, be ready for that one too.

Only expert and well patient people can wait for such a long time and can stay and wait patiently.
New investors and inexperienced people always come in pressure and start selling even on falls information. I think that such people cannot make get any profit from the market.

I think they need to study the market first should spend some time in the market and after getting some experience they should enter the market and should do investment. I think that the current price is the best time for investment in bitcoin, because my own analysis is that market will very soon start improvement and the will hopefully not decrease anymore.

Eventually Bitcoin's price will bounce up and establish equilibrium. The price does not reflect the fundamental developments that are happening in the blockchain space. Just look at the price now. It could be the "bottom."

Well those that think in the same way would likely be more fortunate than others. The way i see it, instead of whining about how you lost or currently at a loss and holding, this bear trend showed that this market is not for people expecting instant profit. You have to be prepared for whatever's going to happen by knowing the essentials and having a plan.

I have a lot of lesson I learned during the bear market but it is being patient and wait for the value to increaseed it or to recover it.

Bear market measured my patient and until now I complete and Im relax and Im confident that it will recover. I learned also during the negativity of others you need to be positive so they will not affect on you and they will follow you in the end which is being positive.

Learning to be more patient that reality is not as easy as what you want, needs to be more calm and in dealing with market conditions.

The lesson ive learned in this prolonged beae market is to never hold your coins for too long, dont wait for that moon ,rocket or lambos,  or you will end up wrecked.

Which coins are not going down?

If we take long enough timeframes, it will be clear that all coins are going down. Indeed, there are pumps (followed by inevitable dumps) but other than that altcoin prices are following Bitcoin's price action pretty closely. On the other hand, not all coins are born equal as some are more equal than others. They don't fall as much as the rest of the pack, and that's why this bear market is an eye-opener of sorts which allows you to clear see the real potential of a coin, who is to be the winner and who the loser