My advice to you regarding bear markets. - page 3.

skarais

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Quote from: AakZaki on May 25, 2023, 02:43:59 PM

Quote from: skarais on May 25, 2023, 10:10:31 AM

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Expect returns in a shorter period of time then use the Scalping or day trading trading method. But it must be done quickly with a time frame of under 5 minutes.
But this requires high volatility as it takes advantage of rapid price fluctuations. If you only rely on Bitcoin, price movements will not be fast, unless Bitcoin is in a good trend.
Bitcoin is indeed more suitable to be used as a long-term investment only. and now could be a good time to start buying and holding bitcoins.

So far I don't expect fast returns on bitcoins because I have a long term investment plan. I think collecting as many bitcoins as we can afford is best given the current market conditions which tend to be sideways, but I also agree one can take advantage of short term price volatility for quick profits especially if they are good at trading.

Day trading or scalping can be used if you are able to control yourself in a very volatile market. The time frame must be considered in the trading plan, but this strategy can also allow traders to lose money if they are not experts.

Fredomago

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Quote from: Weawant on May 25, 2023, 06:31:28 PM

Quote from: Vinaa77 on May 24, 2023, 06:31:54 PM

It seems that if their goal is to get rich quick in the world of cryptocurrencies they will fail when they cannot control their ambitions, actually in the current situation it is better for them to control and at least make purchases to add to their assets, because in the future they will get more than they expected , because Bitcoin will definitely remain bullish in its time.

Cryptocurency isn't like a get rich quick market, those who think they can get rich quick gets destroyed in market. If you chase after the hype, it'll only end badly for you because we have different trends in the cryptocurency market and they shift from time to time

We can only get rich be investing for very long term and that's not just for the 4 year cycle of the market. You should hold more than a decade so when you sell, you sell your assets with big profits. Bitcoin is very bullish in the long view as the price is going to be high.

All markets will come and go so we shouldn't be scared of the bear market because it won't last forever. We should use this opportunity to buy more Bitcoin and hold because soon we'll be out of the bear market and the bull market will begin.

Yes, if you have that certain perceptions and you are more willing to wait and learn the process, the chance of getting decent benefits is good but if you think that you can take the advantage of this certain market fall, the chance of getting trick and being stuck is also possible, losing out of fear will eventually triggered your investment.

You will find yourself losing instead of earning from this venue of investment. Be very vigilant and be careful with your decisions.

Weawant

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Quote from: Vinaa77 on May 24, 2023, 06:31:54 PM

It seems that if their goal is to get rich quick in the world of cryptocurrencies they will fail when they cannot control their ambitions, actually in the current situation it is better for them to control and at least make purchases to add to their assets, because in the future they will get more than they expected , because Bitcoin will definitely remain bullish in its time.

Cryptocurency isn't like a get rich quick market, those who think they can get rich quick gets destroyed in market. If you chase after the hype, it'll only end badly for you because we have different trends in the cryptocurency market and they shift from time to time

We can only get rich be investing for very long term and that's not just for the 4 year cycle of the market. You should hold more than a decade so when you sell, you sell your assets with big profits. Bitcoin is very bullish in the long view as the price is going to be high.

All markets will come and go so we shouldn't be scared of the bear market because it won't last forever. We should use this opportunity to buy more Bitcoin and hold because soon we'll be out of the bear market and the bull market will begin.

Baofeng

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Quote from: Mate2237 on May 25, 2023, 03:38:46 PM

Is this OP still alive in the forum? Because the last active Date was October 24, 2022. And he registered on that the same October 21, 2022. And he has done only 7 post. Probably he is busy with office works that he has no time to come to the forum or the forum rules has fished him out.well it is a good advice for the newbies who are just joining the system. Acquiring bitcoin in the bear market is the best and you can sell it out in the bull market.

Lol, he could be just one of the statistics that just created an account here and then left, and he is probably part of Forum Menbership- 3.5m registered only 56k members survived?..... Why?, by @Igebotz.

Quote from: Lamkuthang on May 24, 2023, 04:38:06 AM

Quote from: Smack That Ace on May 24, 2023, 03:42:12 AM

The 4-year cycle is not too strange for many investors, but it seems that people don't want to wait and they just want to get rich quickly from bitcoin. If you notice, most of the discussion about bitcoin price on the forum, most expect bitcoin to recover quickly, even many people believe bitcoin will hit ATH this year, but there is no basis for those predictions. If we all accept the facts and be patient with the market, then obviously, this is the golden time to accumulate bitcoin, not sit there daydreaming about the impossible.

Correct. many hope that a miracle will come quickly, even though if we see that if the selling continues, the resistance wall will not be broken. my mind will have to wait for the whales or institutions to intervene for this where it is said that BTC users have grown and are large and I agree that this is the golden time to accumulate bitcoin as you said but the progress seems different.

I'm on the different side here, if there will be huge movement, it will come to average joe like you and me, it's not from the whales per se. As far as I understand, whales in the market is already set, what we just here is that they are just constantly moving their BTC to a wallet that is safe. And with that, if we will see a massive run, then it's us that is moving the market.

Nevertheless, I will agree with the notion that it is still a period of accumulation. Meaning even though the price is $26k and it could be expensive for the majority of us, we can still buy and save and just HODL. We can used the old strategy of DCA when trying to buy Bitcoin.

We still have a year to go, and maybe in the next bull run, a conservative $100k could be the price next and the new all time high will be big and obviously there will be profits for us. But it should start now, continue to accumulate as much as we can. It doesn't mean whole BTC per se, it might be just a couple of sats here and there. The game plan is we should go for long in Bitcoin.

Stavri

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kawetsriyanto

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Quote from: Kadal Ijo on May 25, 2023, 02:29:49 AM

The bear market is still not over and makes us have to be more realistic, today the market dropped again around 2% and made many people's predictions that the price will fall below $ 25k become more real, we have nothing to do but be patient and wait for the market situation to improve again if we want to sell and profit.

We must be always realistic to determine our goal/target whether it is in a bearish or bullish market, mate. We Shouldn't be too greedy and set unrealistic targets to reach, it may end up with losses. Regarding the current price, it still survives above $26k and seems to increase a bit more. Even if it drops to $25k, I think we shouldn't be worried because it is probably temporary only. Instead, we should be happy since we have another chance to buy Bitcoin at a cheaper price. Just wait for the next month, I assume there will be a green market again in the next month. So, just be patient and keep more buying! Wink

Mate2237

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Is this OP still alive in the forum? Because the last active Date was October 24, 2022. And he registered on that the same October 21, 2022. And he has done only 7 post. Probably he is busy with office works that he has no time to come to the forum or the forum rules has fished him out.well it is a good advice for the newbies who are just joining the system. Acquiring bitcoin in the bear market is the best and you can sell it out in the bull market.

AakZaki

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Quote from: skarais on May 25, 2023, 10:10:31 AM

I don't really understand the meaning of the daily capital that you mentioned in the post, but I agree that an investment budget should be a budget that is free from a daily use plan to make ends meet. Reserve fund or savings fund are two budgets worth investing in compared to the money you still need each day. Investment is for long-term plans, so using savings or reserve funds should be safer in the face of price fluctuations.

For me bitcoin is one of the long term investment assets, but if you expect returns in a shorter time frame then pay attention to how the price cycle works. There is a profitable cycle between 1 year before the halving and 1 year after the halving, so if you understand it correctly you will get return from it.

Expect returns in a shorter period of time then use the Scalping or day trading trading method. But it must be done quickly with a time frame of under 5 minutes.
But this requires high volatility as it takes advantage of rapid price fluctuations. If you only rely on Bitcoin, price movements will not be fast, unless Bitcoin is in a good trend.
Bitcoin is indeed more suitable to be used as a long-term investment only. and now could be a good time to start buying and holding bitcoins.

skarais

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Quote from: CageMabok on May 25, 2023, 03:22:07 AM

Quote from: Fredomago on May 24, 2023, 01:23:02 PM

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Investments that are carried out with reserve capital will be saved more when an investor faces a bad situation such as a decline in prices in the market, because the owner of the investment will not feel panicked by a downturn because he does not use his daily capital to invest so he can keep the investment well until see the best conditions in the market. Because every investor always targets quite a lot of profit in the long term with a more logical time scale.

I don't really understand the meaning of the daily capital that you mentioned in the post, but I agree that an investment budget should be a budget that is free from a daily use plan to make ends meet. Reserve fund or savings fund are two budgets worth investing in compared to the money you still need each day. Investment is for long-term plans, so using savings or reserve funds should be safer in the face of price fluctuations.

For me bitcoin is one of the long term investment assets, but if you expect returns in a shorter time frame then pay attention to how the price cycle works. There is a profitable cycle between 1 year before the halving and 1 year after the halving, so if you understand it correctly you will get return from it.

wiss19

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Quote from: bitterguy28 on May 23, 2023, 08:59:25 PM

Quote from: rhodelmabanal on May 12, 2023, 06:58:45 AM

You are right people loss attention on crypto when bear market begin and when bull market begin people will become very agresive in buying, there are investors that is very hard headed and sometimes i did not understand them, it is maybe because the market is very unstable and very hard to understand also and it leads everyone to loss the end only one thing i can say never invest during bull market you need to have a big capital unlike when we buy on bear season we only need small capital to get big amount of coins.

that is wrong belief mate, because people are more giving attention when there is a losing price because we are waiting for the perfect timing to buy again.
maybe you wanted to say is that people lose buying chances , and that is not about attention because Pump or Dump people are aware and yes people are giving attentions.

Well, that might not be entirely wrong since the market mostly consists of small and mid-level investors and all these investors have either bought already when the price was pretty high and they thought it won't dip more or have bought just recently and now if the price drops more, these investors become more concerned about the market than anyone.

One more thing is that there is basically no perfect time for buying Bitcoin or any other cryptocurrency. You will probably only miss out on the best buying positions if you simply keep waiting for the right or perfect time.

YUriy1991

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Quote from: CageMabok on May 25, 2023, 03:22:07 AM

Quote from: Fredomago on May 24, 2023, 01:23:02 PM

Precisely! you should have a decent amount to allocate for this investment if you think that it's perfect timing to collect those cheap assets that currently experiencing downfall, with a good amount of capital the potential profits will be bigger, but always do your diligence to research and study the market movement before deciding, there's time that we already anticipate that it's already the down but it can go and slide for more, you need to use that spare money so you can keep your asset as it is without being affected of more dump to happen.

Investments that are carried out with reserve capital will be saved more when an investor faces a bad situation such as a decline in prices in the market, because the owner of the investment will not feel panicked by a downturn because he does not use his daily capital to invest so he can keep the investment well until see the best conditions in the market. Because every investor always targets quite a lot of profit in the long term with a more logical time scale.

I do not deny what you say and it is true whoever he is, whether an investor or other concept, is always aiming for quite a lot of profit in the long term with a more logical time scale in investing. however, if you look at market trends such as current conditions, short patterns are highly recommended. This pattern is strongly supported by several major events at the moment which make sellers or individuals still pessimistic in the market and the direction is back to the bearish trend. yes, this is temporary in nature, maybe used for this week only if it is effective, so continue while waiting for bullish momentum.

CageMabok

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Quote from: Fredomago on May 24, 2023, 01:23:02 PM

Precisely! you should have a decent amount to allocate for this investment if you think that it's perfect timing to collect those cheap assets that currently experiencing downfall, with a good amount of capital the potential profits will be bigger, but always do your diligence to research and study the market movement before deciding, there's time that we already anticipate that it's already the down but it can go and slide for more, you need to use that spare money so you can keep your asset as it is without being affected of more dump to happen.

Investments that are carried out with reserve capital will be saved more when an investor faces a bad situation such as a decline in prices in the market, because the owner of the investment will not feel panicked by a downturn because he does not use his daily capital to invest so he can keep the investment well until see the best conditions in the market. Because every investor always targets quite a lot of profit in the long term with a more logical time scale.

Kadal Ijo

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The bear market is still not over and makes us have to be more realistic, today the market dropped again around 2% and made many people's predictions that the price will fall below $ 25k become more real, we have nothing to do but be patient and wait for the market situation to improve again if we want to sell and profit.

Vinaa77

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Quote from: Smack That Ace on May 24, 2023, 03:42:12 AM

The 4-year cycle is not too strange for many investors, but it seems that people don't want to wait and they just want to get rich quickly from bitcoin.

It seems that if their goal is to get rich quick in the world of cryptocurrencies they will fail when they cannot control their ambitions, actually in the current situation it is better for them to control and at least make purchases to add to their assets, because in the future they will get more than they expected , because Bitcoin will definitely remain bullish in its time.

Dr.Bitcoin_Strange

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Quote from: 19Nov16 on May 23, 2023, 09:15:44 PM

Bear market is a good opportunity to buy more, if we have known about bitcoin for at least 4 years then we will understand that the price pattern will go up every 4 years, if we dare to buy during a bear market then it is a good opportunity to buy because you can get cheap price.

You are correct, mate. Quite a lot of people who have been taking advantage of the Bitcoin bear market have definitely secured a good fraction or a good number of Bitcoin, which became possible because they understood the best way to invest in Bitcoin. Not like many people who consider themselves to be very late to Bitcoin, as such they feel discouraged to get involved in Bitcoin purchases, but rather they chose some shitcoin coins because of the lower price, and they feel they can easily buy those coins and make some 100x profit. They also fail to realize that altcoins are not seasonal like Bitcoin; they don't have a bear or bull market. What they have is the opposite of a bear and bull market, called a pump and dump. If you buy and get lucky that the token was pumped before you can make any profit, otherwise your investment is wasted. When someone steadily buy Bitcoin and it accumulates gradually even before they realize it, they will have a large profit during the bull market.

Fredomago

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Quote from: CageMabok on May 24, 2023, 07:41:32 AM

Quote from: 19Nov16 on May 23, 2023, 09:15:44 PM

Bear market is a good opportunity to buy more, if we have known about bitcoin for at least 4 years then we will understand that the price pattern will go up every 4 years, if we dare to buy during a bear market then it is a good opportunity to buy because you can get cheap price.

Besides having the courage to buy in a bear market, everyone who wants to buy in a bear market must also have sufficient capital to be able to get a bigger profit because if you only buy in small quantities, the profit will not be much. So in terms of taking advantage of the bear market moment, it does not only include one's courage, but anyone who wants to buy again at that moment must provide other capital as well so that the profits obtained will also be very balanced with the capital they use.

Precisely! you should have a decent amount to allocate for this investment if you think that it's perfect timing to collect those cheap assets that currently experiencing downfall, with a good amount of capital the potential profits will be bigger, but always do your diligence to research and study the market movement before deciding, there's time that we already anticipate that it's already the down but it can go and slide for more, you need to use that spare money so you can keep your asset as it is without being affected of more dump to happen.

CageMabok

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Quote from: 19Nov16 on May 23, 2023, 09:15:44 PM

Bear market is a good opportunity to buy more, if we have known about bitcoin for at least 4 years then we will understand that the price pattern will go up every 4 years, if we dare to buy during a bear market then it is a good opportunity to buy because you can get cheap price.

Besides having the courage to buy in a bear market, everyone who wants to buy in a bear market must also have sufficient capital to be able to get a bigger profit because if you only buy in small quantities, the profit will not be much. So in terms of taking advantage of the bear market moment, it does not only include one's courage, but anyone who wants to buy again at that moment must provide other capital as well so that the profits obtained will also be very balanced with the capital they use.

Lamkuthang

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Quote from: Smack That Ace on May 24, 2023, 03:42:12 AM

The 4-year cycle is not too strange for many investors, but it seems that people don't want to wait and they just want to get rich quickly from bitcoin. If you notice, most of the discussion about bitcoin price on the forum, most expect bitcoin to recover quickly, even many people believe bitcoin will hit ATH this year, but there is no basis for those predictions. If we all accept the facts and be patient with the market, then obviously, this is the golden time to accumulate bitcoin, not sit there daydreaming about the impossible.

Correct. many hope that a miracle will come quickly, even though if we see that if the selling continues, the resistance wall will not be broken. my mind will have to wait for the whales or institutions to intervene for this where it is said that BTC users have grown and are large and I agree that this is the golden time to accumulate bitcoin as you said but the progress seems different.

Smack That Ace

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Quote from: 19Nov16 on May 23, 2023, 09:15:44 PM

Bear market is a good opportunity to buy more, if we have known about bitcoin for at least 4 years then we will understand that the price pattern will go up every 4 years, if we dare to buy during a bear market then it is a good opportunity to buy because you can get cheap price.

The 4-year cycle is not too strange for many investors, but it seems that people don't want to wait and they just want to get rich quickly from bitcoin. If you notice, most of the discussion about bitcoin price on the forum, most expect bitcoin to recover quickly, even many people believe bitcoin will hit ATH this year, but there is no basis for those predictions. If we all accept the facts and be patient with the market, then obviously, this is the golden time to accumulate bitcoin, not sit there daydreaming about the impossible.

19Nov16

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Bear market is a good opportunity to buy more, if we have known about bitcoin for at least 4 years then we will understand that the price pattern will go up every 4 years, if we dare to buy during a bear market then it is a good opportunity to buy because you can get cheap price.

Topic: My advice to you regarding bear markets. - page 3. (Read 1659 times)