Inasmuch as this 4 points are true, a Crypto Trader is still supposed to do his technical analysis thoroughly before buying any coin at Dip, else your losses will take longer time to recover
When BTC dipped from $60K to $50k to $40k, a crypto trader who saw the dip and went in with huge capital at $50K for example, will make serious losses because BTC eventually got to dip more till about $25K, that's about 60% dip
So a trader who saw the dip at $50K and went for it, will make serious losses when it had gotten to $25K and it took over 3 months to return to that 'buy' position, that's just the point where he makes back his capital, not even talking of profits yet
It takes a very patient trader to wait for that long.
What am I saying? Inasmuch as there's a dip and traders are expected to boost their portfolios, it's advisable to do proper TA to atleast estimate how long the dip would probably last to know the right time to go in.
Topic: Reasons why I like bear market (Read 324 times)
I know many don't want bear market 😅 we are so in love in the little corrections and making some profits when market recovers however the real bear market isn't here yet but there are few advantages that bear market holds and some failed to see it
1. The best time to build a long term portfolio is in bear market
2. Bear market don't care about any project, if your project is weak bear market can easily kill the project
3. Bear market reveals which coin is strong and which coin is weak, many coins won't even live through the bear seasons
4. You get more quantities of coins if you buy in bear market
While some don't want bear market some are already hoping it gets here so they can build another portfolio for coming btc halving
Most newcomers will come during the hypes and certainly, they become mad once prices just fall. It is a usual feeling for a loser.1. The best time to build a long term portfolio is in bear market
2. Bear market don't care about any project, if your project is weak bear market can easily kill the project
3. Bear market reveals which coin is strong and which coin is weak, many coins won't even live through the bear seasons
4. You get more quantities of coins if you buy in bear market
While some don't want bear market some are already hoping it gets here so they can build another portfolio for coming btc halving
While smart investors make an entry during the bear season and fill their portfolios ready for the big events (Bullrun).
Kinda have two different types of investors and two different mindsets.
Yeah, bear season somewhat gives us an easy job to determine what coin/s has the potential as shitcoins will surely die and won't survive from the dip while potential coins gain recovery faster as per to see.
A real crypto enthusiast sees the bear market as a big-time opportunity to acquire more coins. When the bear market takes effect it does seem to newbies as a catastrophic end of many altcoins making many of them(newbies) lose their fate in crypto.
Those that know how the bear market operate, will see it as a golden opportunity to buy more when it's low in price
Those that know how the bear market operate, will see it as a golden opportunity to buy more when it's low in price
The most important thing about the bear market is the creation of dips which stands as, a possible buying opportunity. Sadly, many individuals often miss the chance. Why? They are always on the lookout for the deepest dip and unfortunately never finds it. While bear market might be investors choice to put in some funds and build there portfolio, it becomes an issue for short term traders or investors who are forced to hold less they make a loss.
Either bear or bull market, one thing is for sure, the both exist to make the market stronger and healthier.
Either bear or bull market, one thing is for sure, the both exist to make the market stronger and healthier.
Bear market may be good, but personally I do not really worry about that when I want to accumulate Bitcoin, I consider either bull or bear market to be a good time to get more Bitcoins into your wallet. The thing is, I'm a long term investor and I don't think I would be selling my stash anytime, so I somewhat consider anytime to be good to acquire more coins, but generally bear markets have one or two advantages that investors and traders do benefit from.
legendary
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I also love bear market. Lol. But only when I have some usdt stable coins. So that in bear market I can buy again in less price. 
Actually bear market is a chance of making new investment or Buy twice or more with less price. Whales always wait for the bear market and invest their Big capital of money on it.
So that means bear market is good for the man who are holding usdt stable coin.
Actually bear market is a chance of making new investment or Buy twice or more with less price. Whales always wait for the bear market and invest their Big capital of money on it.
So that means bear market is good for the man who are holding usdt stable coin.
1. The best time to build a long term portfolio is in bear market
4. You get more quantities of coins if you buy in bear market
Number one will depend primarily on the strength of conviction of the investor whether to hodl or not because a lot of investors tend to panic and sell off instead of accumulating during a bear season.4. You get more quantities of coins if you buy in bear market
Number four is apt but that will depend whether the person has cash set aside for that buying.
Dogecoin has no real utility expect its trading capability don't
Well, I used to think that way too until I used it and discovered that it's not so. It's used for payment and it has a fast confirmation time with ridiculously low transaction fee. A lot of gambling sites use it. So, when I hear or read people say Dogecoin doesn't have real utility, I tend to vehemently disagree with them now that I know better.
Bear market is profitable when you have money lying around. Without spare money to buy crypto at low prices the bear market is frustrating. It is profitable for traders who already predicted the bear market and saved enough money to buy
They didn't take advantage of it since they are afraid that it will dump more than they can't imagine, And mostly this mindset always comes to newbies. If they just understand on how the market works especially with the top alts in them market for sure they will think about that the bear market is good opportunity to buy some good coins at the cheapest price since once bull market season came for sure they will be drag by bitcoin and gain more value.
Bear market is necessary for the market to reset itself. It can only be beneficial if you have a plan to increase your portfolio during the season. Unfortunately, the bear season will come and go and some people will still not take advantage of it.
They didn't take advantage of it since they are afraid that it will dump more than they can't imagine, And mostly this mindset always comes to newbies. If they just understand on how the market works especially with the top alts in them market for sure they will think about that the bear market is good opportunity to buy some good coins at the cheapest price since once bull market season came for sure they will be drag by bitcoin and gain more value.
The bear market is a great time to take a step away from crypto and see what goals have you reached, what needs to be tweaked, what new goals need to be set. Nothing good will come of constantly grinding and trying to move forward. Perfect time to plan your new attack on the market when things get active again.
Personally, I like bear market. Because without a bear market then we'll have very few ways to earn profit from cryptocurrencies. The bear market is good for profit but too risk as well, so we have to be extra careful so that we can not lose our capital in a bear season.
Bear market is necessary for the market to reset itself. It can only be beneficial if you have a plan to increase your portfolio during the season. Unfortunately, the bear season will come and go and some people will still not take advantage of it.
They didn't take advantage of it since they are afraid that it will dump more than they can't imagine, And mostly this mindset always comes to newbies. If they just understand on how the market works especially with the top alts in them market for sure they will think about that the bear market is good opportunity to buy some good coins at the cheapest price since once bull market season came for sure they will be drag by bitcoin and gain more value.
Bear market is necessary for the market to reset itself. It can only be beneficial if you have a plan to increase your portfolio during the season. Unfortunately, the bear season will come and go and some people will still not take advantage of it.
3. Bear market reveals which coin is strong and which coin is weak, many coins won't even live through the bear seasons
True but some over hyped projects survive this and recover immediately the bulls are around, that doesn't make them real as they can crash anytime and majority of the altcoins are in this class.
A typical example is the dogecoin project, it survive all bears and get pumped back out immediately other ignorant speculators are attracted to the industry due to bullish signs.
Investors that know what they're doing aren't afraid of bears, because they know that's an opportunity to get their hands on discount Bitcoin. Bears are definitely times to plant your seeds (invest in coins) in anticipation of sowing (profiting) in the future (bulls). It's the best time to buy low which is basically the blueprint to profitable investing or trading.
Because all of them using the AI thing to scam people they are just presenting a imaginary project which can blown the peoples mind and think that they are creating a great idea that's why many people got scam on that project way back before.
And yeah bear market situation is the time where we can start to buy those cheap altcoins but we make sure that the one we buy is the one who got potential and always grab the alts which is list at top 100 since they are litte much safe compare to those altcoins who listed below on that numbers.
Most people don't really want to hear about bear market but bear market always gives us opportunity to buy when the price is really down. As a trader you shouldn't always buy coins with all your fund you should always keep some in your wallet which whenever the bear market comes you will still have money to buy more coins and hold again. There are lot's of shit coins now I believe crypto market is already getting congested so whenever there is a bear market it will reduce the coins in the market because most of all this shit coins will die.
legendary
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A overhyped altcoin that survived bear market isn't a shit coin and we can still rate such as mid
So what's dogecoin then, dogecoin is basically a joke yet it has survive multiple bear market and still getting pumped and dumped. Dogecoin has no real utility expect its trading capability don't be decieve by the gain this project give because when the honeymoon is over majority will be crying just as they (those that invested) did when bitconnect price crashed.
A shitcoin is a shitcoin not minding how long it takes the market to expose the coin as one. Take out the trading capability of these alts and they have nothing to offer. In due time they all lose value and get replaced by another project with similar ideology and probably a copy paste and the circle continues.
3. Bear market reveals which coin is strong and which coin is weak, many coins won't even live through the bear seasons
True but some over hyped projects survive this and recover immediately the bulls are around, that doesn't make them real as they can crash anytime and majority of the altcoins are in this class.
A typical example is the dogecoin project, it survive all bears and get pumped back out immediately other ignorant speculators are attracted to the industry due to bullish signs.
Investors that know what they're doing aren't afraid of bears, because they know that's an opportunity to get their hands on discount Bitcoin. Bears are definitely times to plant your seeds (invest in coins) in anticipation of sowing (profiting) in the future (bulls). It's the best time to buy low which is basically the blueprint to profitable investing or trading.
True, I'm still waiting for bear market so I can buy coins like Vechain, Zilliqa, Tron, polkadot, etc at a cheaper price then I will be set for coming years once again, to me crypto market is more like a cycle which occurs every 4 years later, there is nothing better than bear market for those who knows how to use it
For me, bear market is profitable if you are lucky enough to place your position in futures trading. In a Facebook group, there’s a certain guy who is calling himself as the “Bearmoon” (a bear with a cigar), in which is he is so “bullish” for BTC to go down instead of moving up. But yes, there are investors and traders who liked the bear market because they want to buy the dip as much as they can and create a strong support level for themselves. That’s just my opinion.
I know many don't want bear market 😅 we are so in love in the little corrections and making some profits when market recovers however the real bear market isn't here yet but there are few advantages that bear market holds and some failed to see it
1. The best time to build a long term portfolio is in bear market
2. Bear market don't care about any project, if your project is weak bear market can easily kill the project
3. Bear market reveals which coin is strong and which coin is weak, many coins won't even live through the bear seasons
4. You get more quantities of coins if you buy in bear market
While some don't want bear market some are already hoping it gets here so they can build another portfolio for coming btc halving
True with what you've said. And for the altcoins market, it dictates which projects are going to survive for long term and many will eliminate those that are weak.1. The best time to build a long term portfolio is in bear market
2. Bear market don't care about any project, if your project is weak bear market can easily kill the project
3. Bear market reveals which coin is strong and which coin is weak, many coins won't even live through the bear seasons
4. You get more quantities of coins if you buy in bear market
While some don't want bear market some are already hoping it gets here so they can build another portfolio for coming btc halving
But I don't like bear market, it was the time that I have to sell due to a circumstance and that has made me sell at cheap price despite I don't want to.
It's funny that none of those who have posted above about the advantages of bear markets haven't mentioned the most important one. Bear markets are a great opportunity to begin to learn more about the technology itself, its pros and cons, the impact it has on societal, political, economical aspects of our life, etc. Of course, people can study bitcoin and blockchain regardless of what phase bitcoin is in, it doesn't actually matter because it won't be affecting the technology itself. However, bear markets are arguably the best time to consume useful information because all hype is gone, all talks about quick profits, DeFi, NFTs, and other use cases for blockchain are finally gone, all people who came for profits and not for technology disappear. The market has changed, it is now full of those who understand that bitcoin is something more than merely a way to make a quick buck. All the distortions and distractions are no more, and people left can focus on things that make sense.
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