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Topic: My advice to you regarding bear markets. - page 6. (Read 1659 times)

jr. member
Activity: 45
Merit: 17
December 01, 2022, 08:28:44 PM
#98
As a first post I wanted to try and motivate people in the community. If at least one person will be motivated by this post, it is a win for me!

Clearly, by the LUNA fall and then we are experiencing a bear market. No one can deny that.

I have been in the space since 2017 - I wasn't just too bored to write here, since now  Grin - and I have seen a lot of ups and downs from the market all this time.
It is obvious that people are losing attention when the market is down and they try to grab opportunities from serious even from scam projects during a bull market.

I just want to say to all the members that will read this that a bear market doesn't say anything about your investment. In the long term you are going to reap profits from the coin you have selected, especially if your coin is a well established one with developers with experience and passion for crypto evolvement.

A hint for that is the growth of Bitcoin through the years.



Bitcoin ROI is at 13820.78% right now, cosindering the fact that the price is pretty low right now it can still explode.

Keep accumulating crypto and you will reap the rewards in the future!



While I appreciate the OP, I also wanted to look at this from a different angle. I am a bitcoin holder/fan yet human's life is not all about bitcoin. So my advice concerning bearish market is try to appreciate other things in life, regardless whether they are small or big, like new friendships, hobbies, travel etc. Otherwise, the bearish market may become too stressful not only for a new but even for a seasoned investor...
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
December 01, 2022, 06:45:34 PM
#97
Bitcoin ROI is at 13820.78% right now, cosindering the fact that the price is pretty low right now it can still explode.

This ROI is for those who bought BTC when it is very cheap.  You cannot say that to those investors who invested when Bitcoin is on its ATH or close to its ATH.  It should be price growth not ROI.  Anyway, I agree that Bitcoin can still explode, since its history has recorded 3 times of price explosion in its entire market history.  So it is best to accumulate Bitcoin at the current market situation because it won't be that long before we find Bitcoin started to recover again, we might missed out on the biggest discount sales of Bitcoin this cycle.
But of course you should always set out those risk management and dont really have that gambler like mind when it comes to investment even though we do speak about Bitcoin.There's no assurance that everything

would come or would happen on whats into your plan.Bear markets is really just on the opposite of bull where it is really just normal that we do really have these kind of cycles which is something that cant really

be avoided.Thing here is that you do know on how to ride up with the waves and be wise on when you would be buying and be wise on when you would be selling.It is really a common reaction
for people who had been dealing with this unpredictable market on being that emotional due to these movements.
legendary
Activity: 2576
Merit: 1655
December 01, 2022, 05:57:27 PM
#96
Today I have a reserve of money for me to invest in crypto to continue increasing my investment assets. While the market is still very supportive of my desire to acquire the asset at a low price, given the other downside possibilities, I am inclined to think about DCA.

Regardless of whatever issues are discussed, Luna or FTX then I think we really have to look at the best opportunities in the market where bitcoin is still good enough to be considered a long term investment asset. I don't want to get bogged down in that situation, so my focus now is to invest and buy as much as I can afford.

It's really going to be very difficult for the majority of us, but I guess sooner or later we will forget about the Luna or the FTX issue in our ecosystem.

Good for you if you can continue to increase your position thru DCA because that is the best strategy for bitcoin, buy cheap month after month and then hold.

We just have the desire and look for long term, it will be a challenge but if we have been in this position before, it will be easy because what we are looking is the end goal, - to make a huge profit in the next bull run of 2025.
sr. member
Activity: 1372
Merit: 348
December 01, 2022, 05:46:25 PM
#95
Bitcoin ROI is at 13820.78% right now, cosindering the fact that the price is pretty low right now it can still explode.

This ROI is for those who bought BTC when it is very cheap.  You cannot say that to those investors who invested when Bitcoin is on its ATH or close to its ATH.  It should be price growth not ROI.  Anyway, I agree that Bitcoin can still explode, since its history has recorded 3 times of price explosion in its entire market history.  So it is best to accumulate Bitcoin at the current market situation because it won't be that long before we find Bitcoin started to recover again, we might missed out on the biggest discount sales of Bitcoin this cycle.
legendary
Activity: 2506
Merit: 1125
December 01, 2022, 04:55:09 PM
#94
Today I have a reserve of money for me to invest in crypto to continue increasing my investment assets. While the market is still very supportive of my desire to acquire the asset at a low price, given the other downside possibilities, I am inclined to think about DCA.

Regardless of whatever issues are discussed, Luna or FTX then I think we really have to look at the best opportunities in the market where bitcoin is still good enough to be considered a long term investment asset. I don't want to get bogged down in that situation, so my focus now is to invest and buy as much as I can afford.
sr. member
Activity: 2436
Merit: 343
December 01, 2022, 04:18:12 PM
#93

I think that if Satoshi really was real or alive, as there is a high probability that he would be Hal Feeney, we would probably notice some movement of these huge sums. But that hasn't happened for a very long time. Accordingly, I personally think that these bitcoins are lost forever and can be ignored in the total issue. As for risk, any financial investment carries risk. Of course, cryptocurrencies are an increased risk, but now it is minimal.
We keep facing the risk here forever and are never taught it will change the view of Bitcoin. Whatever the real name of Satoshi or whether he is still alive or not, I would say that he never imagine this thing will come and will happen to the market. If people could never understand and are unable to manage themselves, we have no surprise that many still suffer the consequences.
Be sure that we are ready enough before coming in here because nothing could save us but just ourselves. We know the risk already and the behavior of the market so we already have planned for what we gonna do next.
sr. member
Activity: 2282
Merit: 439
Cashback 15%
December 01, 2022, 09:54:52 AM
#92
The rumours about satoshi hodling thousands of btc and then plans to sell it might be fake. He never want to make a profit but he only want to help the people to have some freedom and have a control of their money. Not just btc but all cryptos have a risk but it can be lessened out the more the knowledge and experience we obtained.
This is still an old story and there is no clarity until now because we don't even know that this is true or false, moreover this is only a handful of information that is still floating with various speculations that exist.
But on the other hand, we also cannot fully believe or completely do not believe in something like this because all possibilities are still there and all we have to do is continue to be here carefully, so in my opinion this is enough.
I think that if Satoshi really was real or alive, as there is a high probability that he would be Hal Feeney, we would probably notice some movement of these huge sums. But that hasn't happened for a very long time. Accordingly, I personally think that these bitcoins are lost forever and can be ignored in the total issue. As for risk, any financial investment carries risk. Of course, cryptocurrencies are an increased risk, but now it is minimal.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
December 01, 2022, 09:37:15 AM
#91
The rumours about satoshi hodling thousands of btc and then plans to sell it might be fake. He never want to make a profit but he only want to help the people to have some freedom and have a control of their money. Not just btc but all cryptos have a risk but it can be lessened out the more the knowledge and experience we obtained.
This is still an old story and there is no clarity until now because we don't even know that this is true or false, moreover this is only a handful of information that is still floating with various speculations that exist.
But on the other hand, we also cannot fully believe or completely do not believe in something like this because all possibilities are still there and all we have to do is continue to be here carefully, so in my opinion this is enough.
The fact the this industry doesn't even know his true identify, falsifies this idea. The market value of cryptos are solely depending with the demand from the community. With that being said, the risk itself is how will the interest of people towards this technology, change. It could either be for the better or the opposite, as years are going by. More countries are now adopting this industry as a mode of payment but demand is still the same. The reason behind this is market volatility. Most of the people are more interested with using this technology as an asset and no longer as a currency. Therefore, the breakthrough would rely on how will this industry be accepted in the future.

Going back with handling bearish market, an investor is free to sell if he really chooses to. We have different circumstances and those who are selling simply cannot endure the market behavior, and that is just valid. But to those who can, no matter how many times you heard it, avoid selling. Losses are temporary as long as you won't liquidate your assets which should be enough for you to be firm on downtimes.
hero member
Activity: 1708
Merit: 566
Leading Crypto Sports Betting & Casino Platform
November 29, 2022, 03:32:35 PM
#90
The rumours about satoshi hodling thousands of btc and then plans to sell it might be fake. He never want to make a profit but he only want to help the people to have some freedom and have a control of their money. Not just btc but all cryptos have a risk but it can be lessened out the more the knowledge and experience we obtained.
This is still an old story and there is no clarity until now because we don't even know that this is true or false, moreover this is only a handful of information that is still floating with various speculations that exist.
But on the other hand, we also cannot fully believe or completely do not believe in something like this because all possibilities are still there and all we have to do is continue to be here carefully, so in my opinion this is enough.
hero member
Activity: 2828
Merit: 611
November 29, 2022, 03:06:51 PM
#89
Crypto won't be as promising as you say. Terra (LUNA), which is considered a potential altcoin, has made many investors go bankrupt. That's a real thing with altcoins.
That's true. Investing in altcoins are more risky compared to investing in Bitcoin, though it's not bad if you like to diversify. But you need to dig deeper in order to find a good coin, and unlikely to have the same fate as LUNA.
Not to trivialize and generalize all potential Altcoins, but my mind says that other than Bitcoin, nothing else is a good investment. LUNA and FTX are just examples that further reinforce our thinking that Altcoins are not as hedge investments as Bitcoin.
If someone says investing in Bitcoin is also full of risks, then that is also true. Investing in Bitcoin is not short term, but long term.
This is not the first time I hear this and I think the main reason why people can say this is because btc is already running over 13 years I think if I am not mistaken. There is no other crypto that have run that long and still didn't turned into a scam. I think it's safe to say that the founder of btc is not corrupt and greedy just like the other coin developers out there.

The rumours about satoshi hodling thousands of btc and then plans to sell it might be fake. He never want to make a profit but he only want to help the people to have some freedom and have a control of their money. Not just btc but all cryptos have a risk but it can be lessened out the more the knowledge and experience we obtained.
hero member
Activity: 1246
Merit: 768
Rollbit - The #1 Solana Casino
November 29, 2022, 04:50:06 AM
#88
Crypto won't be as promising as you say. Terra (LUNA), which is considered a potential altcoin, has made many investors go bankrupt. That's a real thing with altcoins.
That's true. Investing in altcoins are more risky compared to investing in Bitcoin, though it's not bad if you like to diversify. But you need to dig deeper in order to find a good coin, and unlikely to have the same fate as LUNA.
Not to trivialize and generalize all potential Altcoins, but my mind says that other than Bitcoin, nothing else is a good investment. LUNA and FTX are just examples that further reinforce our thinking that Altcoins are not as hedge investments as Bitcoin.
If someone says investing in Bitcoin is also full of risks, then that is also true. Investing in Bitcoin is not short term, but long term.
hero member
Activity: 2576
Merit: 579
November 29, 2022, 03:40:34 AM
#87
The first thing and most important when we invest is to know the risk, do not just be tempted by the promise of a big profit even though there is a success story from others, and after we invest and lose then never blame anyone, as long as we are sure for profit then do the technique, And in my opinion Bitcoin is a simple investment, buying and then holding and waiting for profitable prices.
Investing in Bitcoin does look simple, but the risks are not so simple that it is true as you say that everyone who invests must be able to understand how the risks are and how to do it well. Apart from that, if you want to keep investing in the long term to get more satisfying profits, then look at other assets that are also better even though they are not in the crypto space.

After all, investing in multiple directions can also be very profitable. Because when one of the investments that we make does not provide a profit, then we still have the opportunity to get a profit on another investment even though the profit can only cover the losses incurred from other investments, but in general we have not experienced a loss because we can immediately recover it through another investment.
full member
Activity: 2548
Merit: 217
November 29, 2022, 02:22:17 AM
#86
As a first post I wanted to try and motivate people in the community. If at least one person will be motivated by this post, it is a win for me!

Clearly, by the LUNA fall and then we are experiencing a bear market. No one can deny that.
That is the sad part of crypto investing , when there are good coin to put on we tend to buy shitcoin or scam coins but as we have known this  can happen yet we gamble our money.
Quote
Bitcoin ROI is at 13820.78% right now, cosindering the fact that the price is pretty low right now it can still explode.

what? 13 thousand percent ? what a ROI  Grin congrats in advance specially when the price hits 6 digits.


Quote
Keep accumulating crypto and you will reap the rewards in the future!


I will and forever be , buying bitcoin in my advantage is what i do since the start of my journey here though sometimes I am selling if badly needed.
member
Activity: 219
Merit: 15
November 29, 2022, 01:37:34 AM
#85
If we have experienced a difficult time like now we should not be surprised, the market drop is common because many reasons, and in my opinion the complicated is the issue of many exchanges that manipulate data so that when investors want to withdraw assets in the wallet then exchanges cannot carry out because of the funds stored used for the benefit of the exchanges.
sr. member
Activity: 1358
Merit: 253
November 29, 2022, 12:52:23 AM
#84
The first thing and most important when we invest is to know the risk, do not just be tempted by the promise of a big profit even though there is a success story from others, and after we invest and lose then never blame anyone, as long as we are sure for profit then do the technique, And in my opinion Bitcoin is a simple investment, buying and then holding and waiting for profitable prices.
legendary
Activity: 3122
Merit: 1140
November 28, 2022, 06:31:02 PM
#83
The main deal with a bear market that lasts this long is durability, don't get focused on the price for November or December, be sure to last the course for whole years if you can at all.  If people can stay interested and involved over the years they'll do far better, none of us can say when the bottom is now or next Feb or we take the entirety of next year before the gloom lifts.  Its really a test of patience, I can see a second leg to the economic fall out so I don't know if that will also play out in crypto or not tbh.
Patience + Emotion handling + Stick with your plans + Discipline

These are the traits or behavior which you would really be needing on handling up yourself on a very long bear market which you cant really be able to determine
This is why you should really be mindful with these kind of traits and act according on what you had experienced.
Make up some steps which you do seem that it would really be that relevant for you to do so.Every step does have certain risk and you
should accept for whatever outcome it would happen.
STT
legendary
Activity: 4060
Merit: 1448
November 27, 2022, 06:58:33 PM
#82
The main deal with a bear market that lasts this long is durability, don't get focused on the price for November or December, be sure to last the course for whole years if you can at all.  If people can stay interested and involved over the years they'll do far better, none of us can say when the bottom is now or next Feb or we take the entirety of next year before the gloom lifts.  Its really a test of patience, I can see a second leg to the economic fall out so I don't know if that will also play out in crypto or not tbh.
hero member
Activity: 1246
Merit: 534
November 25, 2022, 04:56:59 PM
#81
During a bearish market many challenges do face investors and if tgey are not careful of investment of cryptocurrency they will fall into the victim of wrong investment of cryptocurrency, so i believe that cryptocurrency investment many people are being very careful, but their is one important thing in cryptocurrency, during the bearish market two things are being involved into the market, because it's either you benefit or you lose due to your understanding over cryptocurrency.
legendary
Activity: 2660
Merit: 1074
November 25, 2022, 04:20:54 PM
#80
DYOR is no longer very effective, I mean if you DYOR on FTX before, sure you think that you have made the decision, but when it collapses, then what happen to your own research? So now in this bear market, it's very hard to look at where to really invest our money, or what project will not collapse because the people that supposed to handle it didn't do their due diligence. So even if we understand the concept and educate our self, it is not not enough to save us from this kind of collapse like Terra Luna or FTX or whoever is next in the future.
I think people that invest in FTX do also did their research and found out that the exchange is legit but they forgot the dangers of storing funds inside a centralized exchange. We always been told that not your keys not your coins so why they didn't follow it? They lose but it was their fault on why it happened. Like they say, anything is possible in crypto.

Once again it was proven because who would have taught that once a trusted exchange, have turned into a fraud? This was the same to luna coin and others. Sometimes DYOR cant give us a guarantee that we will be safe forever. If it's our time to lose, we will always lose. We should accept that and move on.
hero member
Activity: 1344
Merit: 540
November 25, 2022, 08:42:05 AM
#79
Your advice regarding bear market is really appreciated. In dear market we need to accumulate with a lot of good projects. And bear market is necessary to enter the crypto market or to fill the bags with crypto. So we should research by own in this bear market before taking any decision.
In the market and especially during the time of bearish market, any decisions you want to take most be contradictory to your research or personal observation in the market, because i believe that cryptocurrency is something you most make sure that what ever you do for it's investment you be careful extremely, i believe that cryptocurrency is a very technical in investment, so you have to understand the concept first before your investment can start, because without observation you might end up in loss

DYOR is no longer very effective, I mean if you DYOR on FTX before, sure you think that you have made the decision, but when it collapses, then what happen to your own research? So now in this bear market, it's very hard to look at where to really invest our money, or what project will not collapse because the people that supposed to handle it didn't do their due diligence. So even if we understand the concept and educate our self, it is not not enough to save us from this kind of collapse like Terra Luna or FTX or whoever is next in the future.
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