Lesson from the prolonged bear market - page 3.

Febo

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Quote from: adaseb on February 12, 2019, 03:05:06 AM

Quote from: Febo on February 11, 2019, 10:53:04 AM

Quote from: TIDOVEE on February 04, 2019, 08:28:38 AM

Lesson from the prolonged bear market.

If bottom happened 2 months ago then this bear market was not prolonged. It was almost totally same length as the one in 2014. 13 months. Prolonged bear market would happen if it would last until second half of his year. That would give us bull market to start only at end of 2020.

I don't understand why everybody think we hit the bottom when the technical are clearly indicating overwise.

I started my sentence with word "If" since we will be sure only a year after bottom will happen. But if bottom had not happened yet then it will happen soon and not at end of year or next year. So it dont really matter that much for anyone.

Rooster101

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Trading can still be profitable during bear market because not all coins are going down so it is better to learn it while waiting for another bullrun to come. I learned this lesson during the prolonged bear market because the predicted bullrun never materialize last year so I decided to learn trading instead. Trading is more risky then holding and expect some losses during your initial trading.

fullhdpixel

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Quote from: exstasie on February 13, 2019, 03:19:17 AM

Quote from: adaseb on February 12, 2019, 03:05:06 AM

I don't understand why everybody think we hit the bottom when the technicals are clearly indicating overwise.

I see lower highs and lower lows, the long term moving averages pushing price down, and no V-bottom to indicate sellers are finally exhausted. So yeah, the technicals are looking like crap.

People are much more bearish than at $6K (a big improvement) but in general still seem too hopeful. More weak hands need to be flushed out it seems. Undecided

People always want more and more, which make them greedy. To me I think that the small investors should be more careful, they should even compromise with small profit, those people who have booked profit above 16000$ they do not have any worry about the market, rather they are in good position to do buying in good and reasonable prices.

deisik

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Quote from: exstasie on February 13, 2019, 06:15:38 AM

Quote from: deisik on February 13, 2019, 05:55:31 AM

Quote from: exstasie on February 13, 2019, 03:19:17 AM

People are much more bearish than at $6K (a big improvement) but in general still seem too hopeful. More weak hands need to be flushed out it seems

Did you change your stance too?

You are the second poster here who I remember having recently changed their mind in respect to future price action. I recall you were way more optimistic not so long ago. Or did you really expect the last rally to continue up and beyond 4k?

Maybe you should re-read what I said. Just because someone thinks a short term bull trap might occur doesn't mean they think the bear market is over

Nonsense aside, are you bullish or bearish now?

Personally, I don't see a lot of upward momentum now, and the way I see money being poured into altcoins (Litecoin, more specifically, as of recent) tells me there is not much to hope for with Bitcoin in the coming months. And as I have said earlier (with the market seeming to confirm my assumption), we will likely see more action in a few "selected" altcoins in the nearest future. In this way, yes, it pretty much comes down to "a never ending tight range" (as much as I don't believe in it myself)

Rana590

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Quote from: Dodoymabs on February 13, 2019, 09:15:24 AM

This is actually the first time that it happens and if we look back from the start, we can actually see the same cycle. So, those who are already been in crypto for so many years, I think they already know with this kind of stuff. And yes, commonly patience is necessary to survive with this kind of business as what many have said.

We should prove that we are strong community. For this reason, we should support bitcoin by buying and holding. Market can be down but impatient is not solution. Market don't stay same in all the time.

Dodoymabs

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This is actually the first time that it happens and if we look back from the start, we can actually see the same cycle. So, those who are already been in crypto for so many years, I think they already know with this kind of stuff. And yes, commonly patience is necessary to survive with this kind of business as what many have said.

shoreno

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Quote from: Prettymie on February 13, 2019, 08:28:09 AM

Quote from: TIDOVEE on February 04, 2019, 08:28:38 AM

Sincerely, it is not so easy with this long time dump/bear market. Long awaiting promises weakens the heart. I hope guys have learnt their lessons like when next the bull run appears you take the best opportunity and invest for the raining day. What's your lesson too?

This is the difficult part on all of us as our investment funds had been trapped with the bearish market situation which nobody expected this to happen in this volatile market. I learned to extend my patient as I trust the team behind on those token I have and I will wait for the time to sell my token at the best price. I'm optimistic that the market will recover soon and we need to take advantage with the affordable price to buy more coins for our future.

thats right mate . patience is the best lesson that we have learnt from this long bearish market but sadly not all have learn their lesson because some guys still sells thier coins because they cant wait a little longer . some sell because they are afraid and they think that the market wont return to normal anymore . i feel bad for them but that is thier life . instead of concerning about the other's much better if i can do my own business .

Prettymie

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Quote from: TIDOVEE on February 04, 2019, 08:28:38 AM

Sincerely, it is not so easy with this long time dump/bear market. Long awaiting promises weakens the heart. I hope guys have learnt their lessons like when next the bull run appears you take the best opportunity and invest for the raining day. What's your lesson too?

This is the difficult part on all of us as our investment funds had been trapped with the bearish market situation which nobody expected this to happen in this volatile market. I learned to extend my patient as I trust the team behind on those token I have and I will wait for the time to sell my token at the best price. I'm optimistic that the market will recover soon and we need to take advantage with the affordable price to buy more coins for our future.

mornabo

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Quote from: Cherylstar86 on February 12, 2019, 04:13:20 AM

Quote from: mornabo on February 12, 2019, 04:01:36 AM

Quote from: gabmen on February 08, 2019, 09:06:52 AM

Quote from: Idrisu on February 08, 2019, 06:28:43 AM

Quote from: Wilhelm on February 06, 2019, 07:38:12 PM

When everyone around me was buying I should have prepared to sell.
Buy back at the bottom.

That has been the way wise traders trade! If you want to invest and make money you are to be selling when others are buying and buying when others are selling. That is one of the greatest lessons I have learned from 2018.

Though it's not that easy to go against the trend since there are also times when it'll produce good results. For me the takeaway is that regardless of what's happening to the market or whatever the trend is, make sure you studied and prepared for what you're going to get yourself into. Most of those that got rekt just jumped into the hype of 2017.

I think the strategy is not like that forever, especially when the upward trend occurs. Of course many people will buy at that time, and if you don't buy maybe you will be left behind by the train because you just lost the opportunity, like in 2017. buying when many people buy can also be a good thing, thats why you should see more market first

Indeed! Volatility is not something to worry much about because it's part of market growth and in gaining profit. I learned to stay more patient and hopeful that market can potentially recover at the course of time, at the same time being strategic as to what are best actions to take during price fall. I also motivate myself to explore inorder to learn more, to discover more creative ideas, to gain knowledge, experience, and be more productive rather than getting stressed out by taking a look at the current state of the market. At the end of the day, it's all in the mindset and on how we respond with these kind of situations with optimism and humility.

the most important thing about market fluctuations such as bearish is that you know how to apply a strategy to buy and sell, you should to have a strategy or plan for it, from your lessons and experience you must understand what will happen on the market, you're right, rather than sad, better make a strategy from the experience you have got

ophyrim

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Quote from: TIDOVEE on February 04, 2019, 08:28:38 AM

Sincerely, it is not so easy with this long time dump/bear market. Long awaiting promises weakens the heart. I hope guys have learnt their lessons like when next the bull run appears you take the best opportunity and invest for the raining day. What's your lesson too?

Experiences are the best teachers for the people who are smart. And for the experiences you need time. And yea you are right I am working on my lessons.

exstasie

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Quote from: deisik on February 13, 2019, 05:55:31 AM

Quote from: exstasie on February 13, 2019, 03:19:17 AM

People are much more bearish than at $6K (a big improvement) but in general still seem too hopeful. More weak hands need to be flushed out it seems

Did you change your stance too?

You are the second poster here who I remember having recently changed their mind in respect to future price action. I recall you were way more optimistic not so long ago. Or did you really expect the last rally to continue up and beyond 4k?

Maybe you should re-read what I said. Just because someone thinks a short term bull trap might occur doesn't mean they think the bear market is over.

The last rally could easily continue past $4K. I never said it would happen in a day. Every bear market sees strong upwards corrections. If not now, it'll happen sooner or later. A test of the 200DMA or 20WMA, etc.

Quote from: deisik on February 13, 2019, 05:55:31 AM

I think we should scale down our expectations as well as our perspective on future price. The current range (say, 3-4k) may become our new home for months to come (if not years)

Why, after 10 years, would Bitcoin's volatility all of a sudden die? Even in 2015 (the sideways bottom), price rose 230% from the bottom.

We should certainly not expect a bull market anytime soon, but expecting a never ending tight range is almost as unrealistic. My guess is we'll go both below $3K and above $4K over the next several months.

deisik

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Quote from: exstasie on February 13, 2019, 03:19:17 AM

People are much more bearish than at $6K (a big improvement) but in general still seem too hopeful. More weak hands need to be flushed out it seems

Did you change your stance too?

You are the second poster here who I remember having recently changed their mind in respect to future price action. I recall you were way more optimistic not so long ago. Or did you really expect the last rally to continue up and beyond 4k? I think we should scale down our expectations as well as our perspective on future price. The current range (say, 3-4k) may become our new home for months to come (if not years)

BlackPanda

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Quote from: TIDOVEE on February 04, 2019, 08:28:38 AM

Sincerely, it is not so easy with this long time dump/bear market. Long awaiting promises weakens the heart. I hope guys have learnt their lessons like when next the bull run appears you take the best opportunity and invest for the raining day. What's your lesson too?

A very valuable lesson when we face a bear market is that we learn to deal with difficult situations. Bear market is a situation that is so difficult because we are faced with two different decisions, waiting or making decisions directly is something that must be done quickly. When we can reach this phase we can trade and achieve success.

exstasie

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Quote from: adaseb on February 12, 2019, 03:05:06 AM

I don't understand why everybody think we hit the bottom when the technicals are clearly indicating overwise.

I see lower highs and lower lows, the long term moving averages pushing price down, and no V-bottom to indicate sellers are finally exhausted. So yeah, the technicals are looking like crap.

People are much more bearish than at $6K (a big improvement) but in general still seem too hopeful. More weak hands need to be flushed out it seems. Undecided

greeklogos

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Activity: 658

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My lesson is that when you see a good price for coin do not be too greedy and sell it without a regret of the price will continue its moving up.
Currently I do not care too much about this long bear market. I simply know that bitcoin will return.

1Referee

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Quote from: adaseb on February 12, 2019, 03:05:06 AM

I don't understand why everybody think we hit the bottom when the technicals are clearly indicating overwise.

What do the technicals indicate according to you?

Do you remember 2017? Techno kiddies called top at pretty much every level and they were wrong consistently till the price touched $20,000 on some exchanges.

What you are referring to is more irrational market sentiment. If the price drops 10% from where we are right now, people will believe we're up for way more blood, while if the price pumps with 10% from where we are right now, Bitcoin will rule the world and we'll see $20,000 before the end of the year. In both cases it's the exact same Bitcoin, same fundamentals, etc, but people just lose it.

Tagus45

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I have to open my eyes that getting profit from crypto is not easy, because the market is decreasing, and because of that I have to be more patient.

gabbie2010

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Vave.com - Crypto Casino

Quote from: TIDOVEE on February 04, 2019, 08:28:38 AM

Sincerely, it is not so easy with this long time dump/bear market. Long awaiting promises weakens the heart. I hope guys have learnt their lessons like when next the bull run appears you take the best opportunity and invest for the raining day. What's your lesson too?

Its everyone wish to invest on this bearish market but the uncertainty on when this bearish runs is going to end is sending shivers down my spine knowing the I more I invest down the price goes, although I learnt patience and perseverance during this market as key to massive profits after the price of btc pumps.

sirohige

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Quote from: Febo on February 11, 2019, 10:53:04 AM

Quote from: TIDOVEE on February 04, 2019, 08:28:38 AM

Lesson from the prolonged bear market.

If bottom happened 2 months ago then this bear market was not prolonged. It was almost totally same length as the one in 2014. 13 months. Prolonged bear market would happen if it would last until second half of his year. That would give us bull market to start only at end of 2020.

That means that by the end of 2019 this will probably be the end of the bear market and there will be a bull market when early in 2020 which might make the cryptocurrency price to be very expensive and prices recover.

deisik

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Quote from: Wilhelm on February 12, 2019, 04:19:15 AM

There are always traders in Bitcoin but once it gets hyped you should get ready to get out.
Then when there is a $1000 rise a day and you see "Infinite moneyzzz trollfaces" surround you know it's time to sell

In practice, this doesn't mean anything

Don't be a fool and stop repeating this bullshit which had been used once in order to get away with insider trading (if you you forgot the origin of this "observation"). You should get out when the market is about to crash and get in when it is about to surge. Ironically, both the former and the latter can happen when Bitcoin starts to get hyped a lot, so all in all it doesn't mean anything in particular as it can mean anything in general

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