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Topic: Start preparing for the next bear run. - page 2. (Read 580 times)

legendary
Activity: 2044
Merit: 1018
February 24, 2024, 12:19:19 AM
#41
Newbies will find it hard to understand that investing in bitcoin comes best when the market is bearish as everything they have seen and heard point out that the bullish market is the perfect time to enter the market. So they will follow what majority are doing, only to find out that when they start losing, that’s the time they will come to realized that they should have enter the market while it’s still bearish where all coins prices are sell in bargain.
It relates to time, waiting time.

If they don't have too long time for waiting, start their investment when the market confirms its bull run, is a good time for investment kick-off. Because with limited waiting time like 1 year, they can not join a bear market and wait for like 2 or 3 years to take profit. With this style, I really hope they don't use all money to invest and speculate that they will gain profit after one year. Fund for emergency must be reserved in any plan of investment, 1 year or up to 3 years.

If they have good waiting time, they can join in a bear market and hold 2 or 3 up to 4 years, to get better profit.
hero member
Activity: 2772
Merit: 645
No dream is too big and no dreamer is too small
February 23, 2024, 07:57:50 PM
#40
It's very difficult for an average investor or newbie investor to understand bitcoin investment is not from bull run rather than buying them at the bear season with is alone when the market recover you stand a better chance to make a reasonable profits than those that always focused on when the price start gaining some strength before seeing them jump into investment, that is why you find most of them easily come to call bitcoin all such of names because they weren't targeting the right time to invest in bitcoin that venturing the market at the peak price. At such point there is always FOMO where people would start panicking about price. As a crypto enthusiast the best time for investment is during bear market to have a good holdings of most of the important coins.
Newbies will find it hard to understand that investing in bitcoin comes best when the market is bearish as everything they have seen and heard point out that the bullish market is the perfect time to enter the market. So they will follow what majority are doing, only to find out that when they start losing, that’s the time they will come to realized that they should have enter the market while it’s still bearish where all coins prices are sell in bargain.
hero member
Activity: 602
Merit: 504
Top Crypto Casino
February 23, 2024, 03:21:25 PM
#39
I have observed that the rate of posts on buying Bitcoin in this bull had increased greatly. I once read that people are always attracted to invest in Bitcoin when the price is going high. We see more people buying Bitcoin because of the fear of losing out. I know that we can buy bitcoin at any price we can afford but it seems these investors are more concerned about this year's bull run.

From my little experience with the Bitcoin Investment system, the best time to buy the coin if you are targeting to make a profit in the bull run is during the bear run. The price is cheaper and you can make a good profit within the four-year circle. At this period you don't need to rush to buy because of FOMO but you can comfortably buy at your own pace using the DCA or other strategy that suits you.

My advice is that as you are targeting to sell your coins and make a profit also start planning for accumulation. If you intend to use DCA, start putting things in place on how to set aside funds periodically to buy Bitcoin. It might not be bad to start planning how to get an alternative source of income to enable you to engage in your accumulation process seamlessly. Buying Bitcoin during the bear market should be more appealing than buying when the bull run is already around the corner.
The reason why most person neglect the bear season is because they are always on the edge on the particular amount that the price might reach before buying, there are scared of seeing their coins going down and down during the bear season and are much attracted to buying when the price is moving upwards but they actually forget the bear season is there for a particular reason which is as significant as the bull season itself if not even more important because without the bear season buying Bitcoin would be really expensive and the iconic use of it as investment will die off overnight.
hero member
Activity: 1400
Merit: 650
Always Act Smart and Play Safe With Your Funds
February 23, 2024, 03:01:14 PM
#38
It's very difficult for an average investor or newbie investor to understand bitcoin investment is not from bull run rather than buying them at the bear season with is alone when the market recover you stand a better chance to make a reasonable profits than those that always focused on when the price start gaining some strength before seeing them jump into investment, that is why you find most of them easily come to call bitcoin all such of names because they weren't targeting the right time to invest in bitcoin that venturing the market at the peak price. At such point there is always FOMO where people would start panicking about price. As a crypto enthusiast the best time for investment is during bear market to have a good holdings of most of the important coins.
sr. member
Activity: 714
Merit: 296
Cashback 15%
February 23, 2024, 02:48:51 PM
#37
This reminds me of some people in my circle, whenever Bitcoin dumps they laugh, and throws some bad words at the technology, the same set of people that only knows when to turn around when Bitcoin makes a new all time high, they always do this in every cycle, when the price is pumping hard is when they will start buying, and they won't make any good ROI since they bought at the very highest price.

There is no reason to encourage such people, this is one of the reasons why some people will remain poor for the rest of their lives, they talk shit things about the rich, yet they don't understand that the risk that the rich people takes is what makes them who they are today, they aren't just prepared to do the same thing.

I know someone who believe that you are just putting yourself in a tight position investing money, and he likes ending his bad advice with everything will fade away in the end, or vanity upon vanity, yet he comes knocking when he needed help, I believe he is just taking advantage of me and I stopped helping him, to have a better future is why I am investing hard, and he only knows how to spend his money and yet still come to me when needed help, who should I go to when I need help because I have nobody.

Don't force anyone to invest in Bitcoin, some people will never learn.
hero member
Activity: 2604
Merit: 816
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February 23, 2024, 01:46:34 PM
#36
I think people have known already that the best time to buy is during bear season but it’s different when you are already witnessing the bull run and have seen the prices are rising. You will end up getting encouraged to buy at least good amount of coins so that you can also ride with the hype. These kind of people are mostly new to the market, and as much as possible they want to seize every buying opportunity that comes regardless of its price.

Now, no matter how we will encourage them to buy at its bear season, there’s no guarantee that they will follow us. They studied the market so most probably they also know what they are doing. However, if their concern is to buy and hold, and DCA after, I think buying even at a bull run price is still a good buy. As long as they won’t decide to sell at its lower position, most likely they will still be profitable when a new all time high enters the market.
Not really. If people already learned much about Bitcoin investment, they will still use this time to invest more before the price increase. But even if those people already learned much, that will not guarantee they buy Bitcoin because many new people joined in Bitcoin investment when the price increase. They aren't ready seeing the up and down of the price. They think that after they bought Bitcoin, they can sell it right away when the price increase.

But people who knew what happened to Bitcoin will not follow those people. They will still buy Bitcoin using DCA method and use the chance to accumulate many Bitcoins. We don't have to push them to buy Bitcoin because that will be personal decision. We can only suggest them to invest in Bitcoin but they should learn many things before decide. They will not worry with their investment in Bitcoin because they already learned much about Bitcoin.

Buying in this time still good as the price still search for the position to increase so we see many up and down of the price happen in the market. But if they don't use DCA method to invest in Bitcoin, they will hard to search the right time to buy Bitcoin. The DCA method has been proven help people to invest in Bitcoin.
sr. member
Activity: 854
Merit: 262
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February 23, 2024, 01:14:57 PM
#35
I have observed that the rate of posts on buying Bitcoin in this bull had increased greatly. I once read that people are always attracted to invest in Bitcoin when the price is going high. We see more people buying Bitcoin because of the fear of losing out. I know that we can buy bitcoin at any price we can afford but it seems these investors are more concerned about this year's bull run.

From my little experience with the Bitcoin Investment system, the best time to buy the coin if you are targeting to make a profit in the bull run is during the bear run. The price is cheaper and you can make a good profit within the four-year circle. At this period you don't need to rush to buy because of FOMO but you can comfortably buy at your own pace using the DCA or other strategy that suits you.

My advice is that as you are targeting to sell your coins and make a profit also start planning for accumulation. If you intend to use DCA, start putting things in place on how to set aside funds periodically to buy Bitcoin. It might not be bad to start planning how to get an alternative source of income to enable you to engage in your accumulation process seamlessly. Buying Bitcoin during the bear market should be more appealing than buying when the bull run is already around the corner.
It is not yet time for the bear and you don't have to be too fast. We are just entering into the bull market and the bull supposed to last for at least 3 years of massive earnings and profitability. It is too early and we don't have to rush it or try to lure people to sell their coin because they only made little profit that worth nothing much. The bull will finally arrive and we'll going to see it without poking for someone to explain to us what it means. Let's keep buying and accumulating for now.
hero member
Activity: 462
Merit: 472
Humanity, my Religion.
February 22, 2024, 11:46:48 AM
#34
When it comes to bitcoin accumulation, whether you made it through bears or bulls, that’s always a good buy knowing the price of bitcoin will certainly increase in time. The best solution is don’t wait for the bear season to appear just to start buying bitcoin. If you have the funds at the moment, then buy now. We should always see bitcoin at a long term, not in a short term. Successful bitcoin investors never reach their position instantly, they waited for couple of years buying and hodling so they can enjoy the biggest profits they set as their investment goal.
Many of the people I know that want to buy Bitcoin now is because they want to make a profit in this bull run. They don't have much knowledge about Bitcoin investment but they are just following the crowd that thinks that they could just make fast money from the bull run. I stated in the OP that the best time to buy Bitcoin is when you can afford it especially if you want to keep your investment for a long time. Within this long period, one will definitely make some profit. The post is just a heads-up that we should plan for our Bitcoin Investment instead of joining the bandwagon of investors who are driven by FOMO.
member
Activity: 154
Merit: 44
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February 22, 2024, 11:41:01 AM
#33
Only newbies or people who don't know how to make real profits would be more interested in the bull run than the bear run, as early investors our aim should be to buy more in the bear market cause we buy bitcoin at a cheaper rate, imagine those who bought Bitcoin at the price of 25k last year, they would be having double their money now already and we are anticipating 100k bitcoin price this year, so it's quite hilarious to be so attracted to the bull market and not also the bear if profit is really your concern, unless your such a scready cat to hold bitcoin, when bitcoin has consistently proved to be one of the best asset to invest in.

Buyers loves the bear, sellers loves the bull, I love both cause I buy the dip and hold 🥳.
hero member
Activity: 2954
Merit: 672
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February 22, 2024, 09:10:02 AM
#32
There is no denying the fact that the best of time to buy is the during the dip, this isn’t only bitcoin related. But you can’t take away the FOMO nature of people, they tend to buy when everyone is talking about it.
That's the instinct of most people because they are always afraid when they hear a lot of negative news on Bitcoin they will not invest.
But when people talk about Bitcoin because it was in high price, they rush to invest without investigating what they invested and it becomes a trap for them.  There could be a challenge that lies in overcoming the FOMO mindset that often drives people to buy when everyone is talking about it.

So the best thing is to invest during the bull trend and hold for the long term, not in a short term period.
When it comes to bitcoin accumulation, whether you made it through bears or bulls, that’s always a good buy knowing the price of bitcoin will certainly increase in time. The best solution is don’t wait for the bear season to appear just to start buying bitcoin. If you have the funds at the moment, then buy now. We should always see bitcoin at a long term, not in a short term. Successful bitcoin investors never reach their position instantly, they waited for couple of years buying and hodling so they can enjoy the biggest profits they set as their investment goal.
hero member
Activity: 3010
Merit: 604
February 22, 2024, 06:44:42 AM
#31
We can encourage people to buy Bitcoin but we can't force them to follow us to do the same thing. Buying Bitcoin or not buying Bitcoin is a personal decision because some people can not be convinced easily and will trying to deny it. Even if they see the price is at the lower price, that doesn't make them want to buy Bitcoin. Moreover if the Bitcoin price increases.

Bull run will comes but we still have a chance to accumulate more Bitcoin before that times. Many Bitcoin investors already bought Bitcoin at a lower price and now, they can smile seeing Bitcoin price increase to $50k-$52k. Sooner or later, Bitcoin price will be back to last ATH and will reach new ATH.

At that time, people who doesn't buy Bitcoin will regret because they don't follow the advice from us. But they still have time to invest if they want altough the price at that time is not at a lower price. Maybe they need to wait gets another correction because after the ATH, the price can get down deeper. That will be their time to buy Bitcoin if they are sure with Bitcoin.
I think people have known already that the best time to buy is during bear season but it’s different when you are already witnessing the bull run and have seen the prices are rising. You will end up getting encouraged to buy at least good amount of coins so that you can also ride with the hype. These kind of people are mostly new to the market, and as much as possible they want to seize every buying opportunity that comes regardless of its price.

Now, no matter how we will encourage them to buy at its bear season, there’s no guarantee that they will follow us. They studied the market so most probably they also know what they are doing. However, if their concern is to buy and hold, and DCA after, I think buying even at a bull run price is still a good buy. As long as they won’t decide to sell at its lower position, most likely they will still be profitable when a new all time high enters the market.

sr. member
Activity: 658
Merit: 384
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February 22, 2024, 06:05:39 AM
#30
It's still not too late to keep buying some amount of Bitcoin right now, I mean we are not even past halving yet, and we know what always happen after the halving season is over, a few months after the real long waited rally will start, we aren't there yet and it's not wrong to keep dollar cost averaging.

I know this is not the best time to buy like 2022 and 2023 but it's not too late either, with DCA you are in safe hands, before the halving takes place we can still go lower and there won't be any worries if you are using DCA strategy to invest.

The best time to start preparing for the bear market is after the BTC halving, while you are seeing the all time high and you are taking some profits, this is also the best time to get ready for the next leg down.
legendary
Activity: 2940
Merit: 2144
February 21, 2024, 07:55:07 PM
#29
Way too many Bitcoin holders don't even want to think about the bear market, they expect that Bitcoin will be going only up and up, ignoring the pattern that all bull runs end with a massive crash. So the smart thing to do is to sell continuously during the bull run, but here most people get greedy and think that they will miss  out on profits, while actually they would make a lot of money if they'd do so, because they could then rebuy Bitcoin at lower price after the crash.
legendary
Activity: 2366
Merit: 1206
February 21, 2024, 07:44:40 PM
#28
There is no denying the fact that the best of time to buy is the during the dip, this isn’t only bitcoin related. But you can’t take away the FOMO nature of people, they tend to buy when everyone is talking about it.
That's the instinct of most people because they are always afraid when they hear a lot of negative news on Bitcoin they will not invest.
But when people talk about Bitcoin because it was in high price, they rush to invest without investigating what they invested and it becomes a trap for them.  There could be a challenge that lies in overcoming the FOMO mindset that often drives people to buy when everyone is talking about it.

So the best thing is to invest during the bull trend and hold for the long term, not in a short term period.
legendary
Activity: 1414
Merit: 1108
February 21, 2024, 06:48:54 PM
#27
From my little experience with the Bitcoin Investment system, the best time to buy the coin if you are targeting to make a profit in the bull run is during the bear run. The price is cheaper and you can make a good profit within the four-year circle. At this period you don't need to rush to buy because of FOMO but you can comfortably buy at your own pace using the DCA or other strategy that suits you.

My advice is that as you are targeting to sell your coins and make a profit also start planning for accumulation.
When you’re investing in the short term, it feels like the right way to do it since. You would be seeing your coin sooner to get the profits from it. You don’t even get to wait on the coin to dip as you ain’t in it for the wait, you buy as it’s rising and there you could wait on it to break or create that ATH and then you sell to get the profits from it. Waiting for a while circle would mean you having to wait on yet another bear market and that wouldn’t be idea for investing on a short term.
Yo successfully invest using this strategy, you need to be some experienced fellow who’s got a good knowledge of the market and many people aren’t.

That’s why, it makes a lot of sense to be a hodler. You just need to be disciplined enough to consistently invest when you’ve got funds and the patience to wait on it.
full member
Activity: 392
Merit: 237
February 21, 2024, 06:03:03 PM
#26
After a bull run, there is always a bear market, and that’s the best time to buy bitcoin. We can just divide our money and start accumulating gradually. The mistake most people make is that they always want to buy bitcoin at the bottom, but when investing in bitcoin, we should know we can’t buy bitcoin at the lowest price, and that’s what most people are always waiting for till they miss out.

There is no denying the fact that the best of time to buy is the during the dip, this isn’t only bitcoin related. But you can’t take away the FOMO nature of people, they tend to buy when everyone is talking about it. Personally why I always tell people to buy just anytime when they have money and not to wait for dip is because the price today could be the lowest we might meet it again. So the best thing as always been to take opportunity of today because aside looking at ROI of bitcoin there is also the other side of you having your funds save in a non inflationary currency or a currency that actually devalues which is another thing.
hero member
Activity: 1932
Merit: 622
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February 21, 2024, 05:18:48 PM
#25
My advice is that as you are targeting to sell your coins and make a profit also start planning for accumulation. If you intend to use DCA, start putting things in place on how to set aside funds periodically to buy Bitcoin. It might not be bad to start planning how to get an alternative source of income to enable you to engage in your accumulation process seamlessly. Buying Bitcoin during the bear market should be more appealing than buying when the bull run is already around the corner.
Currently, conditions have not yet entered the bullish era which has actually occurred, so it is still like Bitcoin's efforts to switch from beairsh to bullish. So the point is how do we optimize what we currently have. Incidentally, currently the price of BTC has turned enough that it could be one of the moments to buy again to hold until the next bullish era.

However, basically we must always be prepared for all kinds of market conditions. Biak bullish and bearish era, everything must be taken into account. So that we become better prepared and not careless when something unexpected happens. At least with thorough preparation, we can still look for various profits in it.
sr. member
Activity: 574
Merit: 387
February 21, 2024, 04:37:07 PM
#24
I have observed that the rate of posts on buying Bitcoin in this bull had increased greatly. I once read that people are always attracted to invest in Bitcoin when the price is going high. We see more people buying Bitcoin because of the fear of losing out. I know that we can buy bitcoin at any price we can afford but it seems these investors are more concerned about this year's bull run.
Some people had the opportunity to invest when the bitcoin price was still kind of low, but they didn't. Most of them were scared that bitcoin is going to dump more. When bitcoin dropped to around $16k, I had a friend who didn’t invest in bitcoin. He was saying the bitcoin price was still going to dump more. He told me he would be buying bitcoin at $10k. The person told me he had started investing in bitcoin and regretted not investing when bitcoin was at $17k. He started investing in bitcoin because of the current bitcoin price movement, and everyone is talking about the bull run, so he doesn’t want to miss out, but he has the opportunity to buy at a lower price, but he refused.

My advice is that as you are targeting to sell your coins and make a profit also start planning for accumulation.
After a bull run, there is always a bear market, and that’s the best time to buy bitcoin. We can just divide our money and start accumulating gradually. The mistake most people make is that they always want to buy bitcoin at the bottom, but when investing in bitcoin, we should know we can’t buy bitcoin at the lowest price, and that’s what most people are always waiting for till they miss out.
full member
Activity: 1176
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February 21, 2024, 04:13:05 PM
#23
Good advise op, I believe those that used this bull run to sell their coins to make a huge amount of money will surely save some money that will help them to be part of next bear run, so that they will be part of another bull season again.

I know that some people use this season to know how real the decentralized investment is to those that have the knowledge of the investment and, it will bring so much money to those that will increase their capital when another bear run begin because there will surely be bull run when investors will release their coins to make profits
sr. member
Activity: 1064
Merit: 437
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February 21, 2024, 03:36:42 PM
#22
You said well, but not everyone has this much of good luck that they buy BTC in the bear phase or in the accumulation phase. People like me might not have sources to avail this opportunity in the bear phase, or we might not know of it, most of the people talking about investing in BTC at the current time are newbies, and they are interested because they are seeing other people making money, these other people are those who made investment in the bear phase. These newbies investing now, or investing late will provide liquidity for the old investors to exit the market.

This is how the market works, and don't forget El-Salvador bought BTC when it was around $50k, and at the same time, they accepted it as legal tender as well. So, they also have thought they picked it in the lowest, while from that price it went to $16k as well. So the pressure of holding funds that are making you huge loss is a big one, and holding in itself is really not an easy task, my average buying is around $28k and I can say that buying BTC at the bear market is a big benefit that one can get, but if some did not get that point then they should be more careful while making investment and I think it's still a good time to start making investment in BTC via DCA.
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