Topic: The prevailing market condition a blessing? - page 2. (Read 491 times)
For those that have been in this market for long they can testify that the prevailing bearish trend is a great blessing because it is very important to buy into cryptocurrencies when the market is very low and sell when it is too high. you have to invest at the right price before think of making profits.
I would say no.
Currently the adoption is pretty bad. Even if people have a chance to buy something for BTC they still don't do it. All recent legal improvemend are coming with time, it doesn't have anything significant in common with market.
Currently the adoption is pretty bad. Even if people have a chance to buy something for BTC they still don't do it. All recent legal improvemend are coming with time, it doesn't have anything significant in common with market.
If we are looking for long term results and long term profits entering into the crypto market at these prices will automatically put us in profit in the coming bull run
I think it's a blessing because I like to see the price become more stable, the rising is slow but stable, the rush rising is going to create major correction and that could scare away the potential investors
Lol 
. Have you noticed that the majority of those that comes here to complain that they bought at the peak price are newbies. They are likely to be greedy, and for sure they invested due to what their friends told them. Just like one of my friends that is always saying that Bitcoin is a way to make quick money. He deceived a lot of others and told them that price will continue to go up and that was in 2016 I guess 
. Now a lot of them are regretting and blaming the guy For deceiving them.can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?
Maybe… majority of those you see who are complaining now are those who got into the market out of fomo and now they are regretting why they did it. So, the mistake was from them and the worst of it all is that they never cared to take action when the price was dropping from that peak price, rather they kept staring at it till it crashed over fifty percent. As for me, this is another opportunity. Is it a blessing to cryptosphere?
It is a blessing for those who have been waiting for the bottom. But there's still people that aren't willing to invest at the bear markets, they are afraid that the market can do no better than it was before. For an investor, you have to be optimistic and understands the logic of the market while it's on its lowest. Though there's a possibility that it cannot rise again but in cryptocurrency and mostly for bitcoin, it's impossible to rise after all of these years that it has been there.
I agree that it is quite a good indication that it is indeed in a very better condition right now.
But I believe the market also lost a lot of investors who believe they can make money out of it.
That’s because of the previous dump and i think this year will really be different. We have good times now to buy more good coins and believe in this market again, don’t hesistate to invest you still have an opportunity to recover your losses. This is the positive side of the market, rise after fall. But I believe the market also lost a lot of investors who believe they can make money out of it.
So can we say that the bearish market drives adoption of Cryptocurrency?
If that were the case, then the adoption rate of cryptos would've increased massively throughout 2018 and this year...But that didn't happen. Merchants and companies kept accepting cryptos as payment even though we were (or are?) in a bear market, but it wasn't because of the market conditions, it was mainly because some people are willing to embrace new technologies for their business, in this case, cryptos, regardless of their price.only on investors side but for those who are after for the tech behind then it wont really matter at all.Adoption is much preferable on gradual state rather than on high hype spikes.
Yes, for new investors who have a lot of money it is very good the current market conditions to start investing, because the price is very low and has the potential to go up again next year, because next year is Bitcoin Halving.
Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?
Yes, you said it yourself. These low prices that we are encountering is a blessing for us. It is the best time to invest for the investors so they're filling their bags as much as they can so when the time that the bulls ran again, they'll gain so much profit from it.
So can we say that the bearish market drives adoption of Cryptocurrency?
If that were the case, then the adoption rate of cryptos would've increased massively throughout 2018 and this year...But that didn't happen. Merchants and companies kept accepting cryptos as payment even though we were (or are?) in a bear market, but it wasn't because of the market conditions, it was mainly because some people are willing to embrace new technologies for their business, in this case, cryptos, regardless of their price.Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?
There are several types of investors when it comes to any market, there are people who only invest when the market is rallying in a bull market and then there are investors who like to purchase when the market is down and wait for the long hold, then there are investors who like to invest in any market situation and like to take risk and then there is future market for high risk investors and it is a booming market with over a trillion dollar in investment. Adoption will happen eventually and there is no doubt regarding that. Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?
I agree that it is quite a good indication that it is indeed in a very better condition right now.
But I believe the market also lost a lot of investors who believe they can make money out of it.
But I believe the market also lost a lot of investors who believe they can make money out of it.
Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?
We cant say that those people who dont invested before due to high price of ICO will be investing in todays market, there were lots of accusations in the ICOs they are scams therefore it prevents investors to enter market even the price is too low.
It is for me. The current market condition enables me to buy the coins I want whenever I have the money. Also the people are more focused on accumulating now so the people now are not exactly focused on the price rather they are more enthusiastic in the underlying tech.
I think the good part about having "satoshi" is that you can invest however much you want, even when the prices were at 20 thousand dollars if you wanted to buy less you could have bought like 0.01 bitcoin. So, I do not think the entry barrier being high was the problem, the problem was how could we sustain going up forever. Like its great that we reached from 900 dollars to 20 thousand dollars in less than 6 months but what about afterwards? How can you continue going from 900 to 20k to 40k?
Short answer is you can't, that is why we went down. I think the real question is will we have another super skyrocket now which will make it unsustainable again or will we have a slower increase, I will prefer going to 20k again in 2 years than 2 months, that would make it sustainable at least.
Short answer is you can't, that is why we went down. I think the real question is will we have another super skyrocket now which will make it unsustainable again or will we have a slower increase, I will prefer going to 20k again in 2 years than 2 months, that would make it sustainable at least.
Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?
maybe you are right the adoption of cryptocurrency will give the confidence for the new investors to get convenient profit at the end but if anything will say the market is very low so we cannot move forward without any changes in this market and the discouragement will continue to happen for the existing investors. Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?
Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?
Depends on what you mean by "not affordable". Even at the current price some will still believe they are not affordable.
Which is better by the way, coins getting affordable but not increasing in value/price or coins becoming unaffordable but keep increasing in value/price?
Finally, there is no such thing as Bitcoin/cryptocurrency is not affordable. Correct word is 1 Bitcoin, 1ethereum or 1litcoin is not affordable.
It is just ripe for the taking for us right now. I mean the price is certainly low right now and we can't be sure if it won't be any lower but at the end of the day it is definitely low for what it could be in couple of years. Right now, we can consider the price very cheap for what it can be lets say in 2025.
People are looking bitcoin and profits very short term, like you gotta buy something and make money in couple months at most, possibly in the first week you buy that.
Nevertheless, if you look at it like a long term investment even people who bought from $20k (even though it is definitely a bad investment at this point) will be profiting more than they know in a decade, when all stocks go up like 100%-200% at most in a decade bitcoin will be up x10 and even more maybe. Hence right now it is by far the best option we have.
People are looking bitcoin and profits very short term, like you gotta buy something and make money in couple months at most, possibly in the first week you buy that.
Nevertheless, if you look at it like a long term investment even people who bought from $20k (even though it is definitely a bad investment at this point) will be profiting more than they know in a decade, when all stocks go up like 100%-200% at most in a decade bitcoin will be up x10 and even more maybe. Hence right now it is by far the best option we have.
You can buy a 16 inch pizza and eat it for yourself, luckily there are some smart businessmen who offer to sell a a fraction/slice of it then it's up to you if what you 'choose' and so the logic is the same with Bitcoin.
It's not compulsory that you must buy 1 Bitcoin and so as other cryptocurrency, That's why you have a 'choice'
It's not compulsory that you must buy 1 Bitcoin and so as other cryptocurrency, That's why you have a 'choice'
Yes, Everyone can enter in bitcoins for sure as there is no minimum investment. You can buy a fraction of a bitcoin if you are not so rich to buy the whole bitcoin. The the good thing is that those people who will invest in 2019, will remain in profit and as market is already at its bottom and will move upwards from here.
Think of the people who invested in 2018 and most of them are in loss.
Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?
Depends on what you mean by "not affordable". Even at the current price some will still believe they are not affordable.
Which is better by the way, coins getting affordable but not increasing in value/price or coins becoming unaffordable but keep increasing in value/price?
Finally, there is no such thing as Bitcoin/cryptocurrency is not affordable. Correct word is 1 Bitcoin, 1ethereum or 1litcoin is not affordable.
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