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 
Topic: My advice to you regarding bear markets. - page 7. (Read 1664 times)
Bitcoin market is always interesting for us to follow, I once earned around 1,875 BTC in a month from the Faucets and Winning Lottery site, in 2015 when the price was under $ 300, I left around 0.45 BTC in Coinbase then I returned at the end of 2017 and I could Selling at a price of $ 14500, now is a good time to collect bitcoin, hold at least 3 years and I'm sure the price can reach $ 100K or 6x from the current price.
I remember the days when we could collect lots of bitcoins from that faucet. But sadly, I used up most of the amount, especially when the bitcoin price increased in 2017 and left some in my wallet and I sold it again at the end of last year when the bitcoin price reached $69k. And now, the time to buy has come again and it's a great opportunity we should seize before things change. Let's hope it doesn't take us 3 years to see the price reach $100k or more 
And when the market is in a bear condition like it is now, many people have bought more to hold while waiting for the price to go up again.
Bitcoin market is always interesting for us to follow, I once earned around 1,875 BTC in a month from the Faucets and Winning Lottery site, in 2015 when the price was under $ 300, I left around 0.45 BTC in Coinbase then I returned at the end of 2017 and I could Selling at a price of $ 14500, now is a good time to collect bitcoin, hold at least 3 years and I'm sure the price can reach $ 100K or 6x from the current price.
It wouldn't be wrong if right now there are people who want to hold Bitcoin as long as possible or at least three years as you suggest, but when there are different conditions in the market before three years, I also believe there will be more people selling Bitcoin. Especially when he saw that there were more profits he got when he sold, and I think that is a very logical thing too because considering the profits and patience in storing Bitcoins, they are starting to run out.But I'm a little less sure that times like the past or as you describe can be repeated again in Bitcoin, because the influence of some bad conditions as we've seen so far is the thing that can cause a stalled increase in any cryptocurrency including Bitcoin . I just hope that market conditions can improve as soon as possible so that Bitcoin can increase faster without having to wait long, because waiting too long also does not guarantee that you will get more profits even though you have felt this in the past.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Bitcoin market is always interesting for us to follow, I once earned around 1,875 BTC in a month from the Faucets and Winning Lottery site, in 2015 when the price was under $ 300, I left around 0.45 BTC in Coinbase then I returned at the end of 2017 and I could Selling at a price of $ 14500, now is a good time to collect bitcoin, hold at least 3 years and I'm sure the price can reach $ 100K or 6x from the current price.
I remember the days when we could collect lots of bitcoins from that faucet. But sadly, I used up most of the amount, especially when the bitcoin price increased in 2017 and left some in my wallet and I sold it again at the end of last year when the bitcoin price reached $69k. And now, the time to buy has come again and it's a great opportunity we should seize before things change. Let's hope it doesn't take us 3 years to see the price reach $100k or more And when the market is in a bear condition like it is now, many people have bought more to hold while waiting for the price to go up again.
At the end of last September, I made a BTC purchase at the end of the month from 20% of my earnings, and this month is my third month keeping BTC in my wallet. I plan to do it consistently during a bear market.
for other cryptocurrencies, I have no interest in investing other than BTC, ETH, and BNB.
what happened with Dokwon and SBF made me even more uncomfortable and doubtful about Altcoins.
I have seen and felt a very long Bear Market a few times and finally Bullish again.
"Winning is for those who take risks"
for other cryptocurrencies, I have no interest in investing other than BTC, ETH, and BNB.
what happened with Dokwon and SBF made me even more uncomfortable and doubtful about Altcoins.
I have seen and felt a very long Bear Market a few times and finally Bullish again.
"Winning is for those who take risks"
Whether a decision is correct or not depends on many factors, for example even if the price of altcoins is very low I would not risk to buy a single one of them as I have no idea which one is going to disappear next, since we are seeing some of the most popular coins in the market to disappear almost overnight, however if we are talking about investing in bitcoin then this is the perfect moment to do it, as we know bitcoin is solid enough to resist this bear market.
You seem very totality for bitcoin and only bitcoin. That is something great which is actually understandable on my part. Obviously no one will blame you for your preference for which asset choice will be most profitable for you in the long run, but of course this will differ from each of us.I have bitcoins, and I also have altcoins. I have 70% investment in bitcoin while the other 30% is in altcoin. This is a strategy I consider for long term investing because actually anything that is currently believed to be good can change overnight including bitcoin. Bitcoin and altcoin in fact both make gains and losses, but no one can blame you if your portfolio is only for bitcoin.
Whether a decision is correct or not depends on many factors, for example even if the price of altcoins is very low I would not risk to buy a single one of them as I have no idea which one is going to disappear next, since we are seeing some of the most popular coins in the market to disappear almost overnight, however if we are talking about investing in bitcoin then this is the perfect moment to do it, as we know bitcoin is solid enough to resist this bear market.
You seem very totality for bitcoin and only bitcoin. That is something great which is actually understandable on my part. Obviously no one will blame you for your preference for which asset choice will be most profitable for you in the long run, but of course this will differ from each of us.I have bitcoins, and I also have altcoins. I have 70% investment in bitcoin while the other 30% is in altcoin. This is a strategy I consider for long term investing because actually anything that is currently believed to be good can change overnight including bitcoin. Bitcoin and altcoin in fact both make gains and losses, but no one can blame you if your portfolio is only for bitcoin.
The bear market present a great buy opportunity, most here know this. However, for some reason, the typical masses prefer to buy in during bull market, missing out on significant and at times astronomical gains- don't be this.
It is a huge mistake for any investor to leave the opportunity to invest in the bear market that is still going on and start buying tokens at their highest levels. The price of most tokens is currently in a downtrend, but every investor, if he wants to invest in these bearish times, must keep his nerves and not be affected by market conditions, and not rush to choose a token without researching it, and he must stay away from panic and FUD so as not to sell at a loss, success in a bear market also depends on patience and the investor must have a long-term perspective and believe in his tokens and instead of leaving it idle he can do a stake for it and earn passive income.
The bear market present a great buy opportunity, most here know this. However, for some reason, the typical masses prefer to buy in during bull market, missing out on significant and at times astronomical gains- don't be this.
It is a huge mistake for any investor to leave the opportunity to invest in the bear market that is still going on and start buying tokens at their highest levels. The price of most tokens is currently in a downtrend, but every investor, if he wants to invest in these bearish times, must keep his nerves and not be affected by market conditions, and not rush to choose a token without researching it, and he must stay away from panic and FUD so as not to sell at a loss, success in a bear market also depends on patience and the investor must have a long-term perspective and believe in his tokens and instead of leaving it idle he can do a stake for it and earn passive income. 
Keep accumulating crypto and you will reap the rewards in the future!
What do you mean buy some kind of crypto today and reap the heyday.If that's the point, Yes, I've seen someone say that speculation is worth considering, basically we don't know which type of crypto will reap the next cycle of movement, other than Bitcoin, maybe I agree to hold some type of crypto that is lower in price today to reap the rewards the next day, if I'm lucky.
Maybe this can be a baseline.
A hint for that is the growth of Bitcoin through the years.
We know Bitcoin is experiencing growth from year to year especially after the halving happened, I believe the current bear market will be the best moment for crypto users in the future, especially those who invest in several types of crypto that are of good value in the market. 
Saying other people don't understand about bear market conditions is also not very good in my opinion, because there are some people who have bought before and have not made a profit. So they have to be patient because they may not have more other money to buy more on the next drop like what is happening right now in the market.
If you still want to make purchases for now because you still have more money, that's a very good thing even if you've bought before, but there's no need to conclude that other people don't understand this bear market.
The correct understanding is, most people can't really take advantage of a bear market to buy because they are waiting for the price to drop or the market to recover. That doesn't mean they don't have money, but they just don't have the guts and decision-making skills.If you still want to make purchases for now because you still have more money, that's a very good thing even if you've bought before, but there's no need to conclude that other people don't understand this bear market.
Or they are afraid because they think that if they buy the price will go down even further, so they will lose again. So they don't take advantage of bear market, but they are more fearful.
A few minutes ago, the price of bitcoin fell back to the level of $17.1K. If they are able to take advantage of this situation, then they will certainly benefit when the market recovers. In fact not everyone is brave, this is a fact.
Even further down, at $15k'ish, we have seen the lowest low. Majority says that the bottom is in when we touch $17,500, but we are all wrong it.
But we have a few bounce, in the last 24 hours, I've seen the price over $18k, and then it dive again to $17k-$17,300.
Saying other people don't understand about bear market conditions is also not very good in my opinion, because there are some people who have bought before and have not made a profit. So they have to be patient because they may not have more other money to buy more on the next drop like what is happening right now in the market.
If you still want to make purchases for now because you still have more money, that's a very good thing even if you've bought before, but there's no need to conclude that other people don't understand this bear market.
The correct understanding is, most people can't really take advantage of a bear market to buy because they are waiting for the price to drop or the market to recover. That doesn't mean they don't have money, but they just don't have the guts and decision-making skills.If you still want to make purchases for now because you still have more money, that's a very good thing even if you've bought before, but there's no need to conclude that other people don't understand this bear market.
A few minutes ago, the price of bitcoin fell back to the level of $17.1K. If they are able to take advantage of this situation, then they will certainly benefit when the market recovers. In fact not everyone is brave, this is a fact.
Let me throw more light in cryptocurrency, because i believe that cryptocurrency during the bearish market or season every investor who are knowledgeable actually knows what's is obtainable, because i sense it as only duration or time an investor can make positive profit via investment, indecencies that you will purchase at a lower price and sell higher price, but what i want you to know is that, any long investment during bearish time supposed to be careful, because investing in altcoins you have to know exactly how supportive is the coin, because what luna did to investors should be a primary example of anyone investing in cryptocurrency.
Saying other people don't understand about bear market conditions is also not very good in my opinion, because there are some people who have bought before and have not made a profit. So they have to be patient because they may not have more other money to buy more on the next drop like what is happening right now in the market.
If you still want to make purchases for now because you still have more money, that's a very good thing even if you've bought before, but there's no need to conclude that other people don't understand this bear market.
The correct understanding is, most people can't really take advantage of a bear market to buy because they are waiting for the price to drop or the market to recover. That doesn't mean they don't have money, but they just don't have the guts and decision-making skills.If you still want to make purchases for now because you still have more money, that's a very good thing even if you've bought before, but there's no need to conclude that other people don't understand this bear market.
A few minutes ago, the price of bitcoin fell back to the level of $17.1K. If they are able to take advantage of this situation, then they will certainly benefit when the market recovers. In fact not everyone is brave, this is a fact.
Some people does not regarding a bearish market because they don't know the important of bearish market for me there is market is the best time as someone who have a lesser money for investment can use it money and buy and expecting for the current to increase so that it will make a profit so some people does not understand it in that aspect because bitcoin value is not constant it is rotational now
Saying other people don't understand about bear market conditions is also not very good in my opinion, because there are some people who have bought before and have not made a profit. So they have to be patient because they may not have more other money to buy more on the next drop like what is happening right now in the market. If you still want to make purchases for now because you still have more money, that's a very good thing even if you've bought before, but there's no need to conclude that other people don't understand this bear market.
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.What is good about btc and the crypto market is that they are volatile and there are two cycles on here. One is for selling or the bull and one is more accumulating or the bear. Those who entered recently or haven't entered yet shouldn't think that they are late but they themselves can also buy at a cheaper price if they want to or as long as they can wait for the prices to drop.
If you want to reap beautiful results in the future? collect Bitcoin little by little.
And it's never too late to accumulate specially now the price is still cheap. Investors who are used to seeing the price turning up and down are aware on what's the best thing to do in times the market is in bearish. When the bull season occur, investors who bought during cheap price will realize that it's worth the wait. Of course the risk is still there, so invest only the money that you can live without.The reality is that the "scary" prices are the real place when you should buy because when people are scared that means it’s at low and good price, when they are happy that means it's already too late and many already bought it. That’s the very distinctive difference between low and high prices.
If you want to reap beautiful results in the future? collect Bitcoin little by little.
And it's never too late to accumulate specially now the price is still cheap. Investors who are used to seeing the price turning up and down are aware on what's the best thing to do in times the market is in bearish. When the bull season occur, investors who bought during cheap price will realize that it's worth the wait. Of course the risk is still there, so invest only the money that you can live without.The reality is that the "scary" prices are the real place when you should buy because when people are scared that means it’s at low and good price, when they are happy that means it's already too late and many already bought it. That’s the very distinctive difference between low and high prices.
I have often seen, people panic and complains a lot during the bear market. Rather they should treat this as an opportunity to grab more coins. Bear markets are just market cooldowns which are caused due to the big bulls manipulating the market. So if you are a person who has done long term investments, then you shouldn’t panic at all. Bear market is the beginning of a bull run, so as soon as a bear market ends, be ready to see price hike in all the coins. OP’s advice also delivering the same meaning.
Bear market complainers are newbies buying bitcoin at high price and they are panicking because their investment has dropped more than 70%, 80% in value, they had never experienced bear season before so it was understandable to panic. But for us who have been through bear seasons before, we know that this is really the time to start buying and preparing for the coming bull season. The market will always exist two extremes, there will be winners and losers.
Yeah I totally suggested relatives who invested in Bitcoin to totally forget that their money exist. If we are in bear it means it will end one day. Especially Bitcoin as pioneer of these markets will always return and strike back from bottoms of ocean. This never changes. Altcoin investments are really vulnerable its undeniable but Bitcoin is safe and solid as stone. I plan to invest some point right before bull run to multiply amount of Bitcoin I hold. I am waiting for golden opportunity. I suggest same to everyone.
It is a brave thing to recommend to relatives to invest in bitcoin. Not everyone can morally easily survive a bear market. For me, a very good example was 2018, when many people, like you, thought they would get rich, but the price kept falling and people ended up with weak hands. If things were mentally easy, everyone would be rich now. But only a few managed to hold on to the next bull market. And those who are in a bear market no longer have confidence in cryptocurrencies. And no one knows when the reversal will come. Jump to: