This time when bear market comes - page 2.

tabas

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yes, the current conditions are quite different from last 2018, because in my opinion in 2018 people still didn't know much about the world of crypto or bitcoin, but now after the bulls are going on in the market, crypto is the subject of conversation everywhere, I think there will be a time later crypto will rise again

It will go back to the all time high that we've seen and more than that. I guess we're now having the bear market due to some reasons like everyone stops by when they see the market didn't do well.
And that's very the same as the others when they start to see the market drops too much, there won't be any discouragement anymore and that stops them from buying more.

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Quote from: poldanmig on July 12, 2021, 10:49:35 AM

Quote from: udayantha11 on May 29, 2021, 06:36:38 AM

This time totally different from 2018 situation. Still i am beliving that no bear market comes. so what time will come , i think in another 3 months?

Currently global sentiment towards Bitcoin continues to depress cryptocurrency prices and will likely last longer than ever before, especially since the Chinese government has continuously banned its citizens and the global community from using and investing in bitcoin.
I'm a little unsure if the bear market will end within 3 months and I think now the market may be going downhill again after some bans from several countries now, recently the Thai Securities and Exchange Commission (SEC) , also issued a new regulation that prohibits the transactions of several digital currencies including those based on NFT.

right, right now we just need some big good news to be able to push the bitcoin price back on the bull track, but we should be able to take the opportunity that happened today to buy bitcoin at a cheap price and of course if later the bitcoin price will go up of course we will be able to get a little profit from what we have invested, even so I personally really believe that the bitcoin price will rise again even with a long time and I personally will remain patient and keep the asset until the bitcoin price goes up high again.

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Quote from: terciduk123 on July 13, 2021, 10:50:20 PM

Quote from: Helpme_please on July 13, 2021, 08:59:53 PM

but we should realize market still underpressure now , bearish still controll the market trend . Even previous high in daily chart could not break $35k yesterday and current price aroud $32k . We must accept the fact this trend will last for long time and we move only in small range.

I think we are currently only in a temporary bearish trend. The Chinese government's ban on crypto and everything related to it, and misunderstandings about unlocking GBTC were part of the cause of Bitcoin's decline.

the hottest issue now was GBTC unlocking which is around 16,240 bitcoin will unlocking in this 18th july. This is amount was very huge if all of them sold , and now market give negative respon by start selling their assets before its plummed deeper. This quarter will be very hard for cryptocurrency market, market sentiment still not going better yet but bad newsr regularly released.

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Quote from: Helpme_please on July 13, 2021, 08:59:53 PM

but we should realize market still underpressure now , bearish still controll the market trend . Even previous high in daily chart could not break $35k yesterday and current price aroud $32k . We must accept the fact this trend will last for long time and we move only in small range.

I think we are currently only in a temporary bearish trend. The Chinese government's ban on crypto and everything related to it, and misunderstandings about unlocking GBTC were part of the cause of Bitcoin's decline.

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Quote from: nurilham on July 13, 2021, 06:59:09 PM

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Well, right now I think we are in a bear market.

I don't think so. If it is bearish, there is no chance for crypto coins to increase again in the next few months. But right now, we can see that many people still believe that crypto coin prices to increase again in the next few months. We also must consider that Bitcoin price still tries to increase again, this is not the sign of a bearish market. If the Bitcoin price can break the resistance ($40k), the uptrend probably comes back again.

but we should realize market still underpressure now , bearish still controll the market trend . Even previous high in daily chart could not break $35k yesterday and current price aroud $32k . We must accept the fact this trend will last for long time and we move only in small range.

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Quote from: CoolerSid on July 13, 2021, 11:36:35 AM

Quote from: Pamadar on July 13, 2021, 10:53:03 AM

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Well, right now I think we are in a bear market. however, the current condition is still better than in 2017/2018. well, at least, the bitcoin price is still above $30k. however, I still hope there will be a follow-up pump. it's too fast for bitcoin to drop too far. in addition, it also affects the price movement of altcoins.

Bitcoin pumped high and most alts traders expect that afterwards the alt market will also experienced the same high,

But it didn't materialize those old alts experienced small pumped then now again fall, unable to reach the last time high, aside from ETH and BNB who really move along with Bitcoin also breaking new time high and give huge benefits to those who managed to bought when the market was really down last year.

BNB is really growing and I think it will grow, Binance is developing its coin perfectly

And with the coming Burning of coins ? indeed this will be the sign of continues progress as Binance is continuously burning coins that counts as millions already since the beginning of burning.
Ideally Binance is one of the most promising exchange ever created , with their hands always there to help people and with them having multiple updates?
no wonder this will beat the top exchange in crypto world soone.
And also lets take advantage of the bear market once comes, we must purchase what amount we can afford to lose to help the maintaining and increasing .

nurilham

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Well, right now I think we are in a bear market.

I don't think so. If it is bearish, there is no chance for crypto coins to increase again in the next few months. But right now, we can see that many people still believe that crypto coin prices to increase again in the next few months. We also must consider that Bitcoin price still tries to increase again, this is not the sign of a bearish market. If the Bitcoin price can break the resistance ($40k), the uptrend probably comes back again.

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Well, right now I think we are in a bear market. however, the current condition is still better than in 2017/2018. well, at least, the bitcoin price is still above $30k. however, I still hope there will be a follow-up pump. it's too fast for bitcoin to drop too far. in addition, it also affects the price movement of altcoins.

The last ath for me is unexpected because it happened too fast and consistently that some of us thought $100k value would be possible. However the bullish season didnt last long and now coins are in bloody.

We know bitcoin has an influence to altcoins and following its movement thus it is not surprising to see that most alts are also struggling because btc is not showing significant growth for the past weeks.

If this is already bearish then you're right still better situation compared to 2018 after the bullrun.

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Quote from: Pamadar on July 13, 2021, 10:53:03 AM

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Well, right now I think we are in a bear market. however, the current condition is still better than in 2017/2018. well, at least, the bitcoin price is still above $30k. however, I still hope there will be a follow-up pump. it's too fast for bitcoin to drop too far. in addition, it also affects the price movement of altcoins.

Bitcoin pumped high and most alts traders expect that afterwards the alt market will also experienced the same high,

But it didn't materialize those old alts experienced small pumped then now again fall, unable to reach the last time high, aside from ETH and BNB who really move along with Bitcoin also breaking new time high and give huge benefits to those who managed to bought when the market was really down last year.

BNB is really growing and I think it will grow, Binance is developing its coin perfectly

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Well, right now I think we are in a bear market. however, the current condition is still better than in 2017/2018. well, at least, the bitcoin price is still above $30k. however, I still hope there will be a follow-up pump. it's too fast for bitcoin to drop too far. in addition, it also affects the price movement of altcoins.

Bitcoin pumped high and most alts traders expect that afterwards the alt market will also experienced the same high,

But it didn't materialize those old alts experienced small pumped then now again fall, unable to reach the last time high, aside from ETH and BNB who really move along with Bitcoin also breaking new time high and give huge benefits to those who managed to bought when the market was really down last year.

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Quote from: udayantha11 on May 29, 2021, 06:36:38 AM

This time totally different from 2018 situation. Still i am beliving that no bear market comes. so what time will come , i think in another 3 months?

Right, conditions are different now from 2018, at that time bitcoin was not widely accepted on the stock exchange, and now there are many stock exchanges that accept bitcoin and cryptocurrencies, this is what makes bitcoin stable and continues to increase

And bitcoin those time are really Manipulated with Whales that all wanted is to Bag money and not to trust this as real market with value.
But nowadays we knew that there are Big holders that knows how to value Bitcoin and cryptocurrencies .

Quote from: fielkun on July 02, 2021, 02:19:36 AM

Given the current situation, we are in right now... Yes, I believe we are still in a bear market. Everything is glowing red everywhere I set my eyes on. Well, I'm glad I kept my cool and didn't panic sell. I simply hodled and amassed a fair amount of my fave altcoins for my portfolio. My current holdings include ETH, ADA, LTC, BNB, XRP, and this hidden gem XSN. I strongly believe these coins will generate massive profits on the next bull run.

Bear market? since when ? just because the price drops from 65k to 35k ? do you understand that early this year we have not even break the 20k value?

tabas

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Right, conditions are different now from 2018, at that time bitcoin was not widely accepted on the stock exchange, and now there are many stock exchanges that accept bitcoin and cryptocurrencies, this is what makes bitcoin stable and continues to increase

Not stock exchanges but crypto exchanges, it's different from the usual and traditional stock exchanges that we know. Most stock exchanges doesn't support cryptocurrencies. But in a sense of understanding your point, you're right with what you've said.
It's only a matter of time again until we see the pump of bitcoin and on this day, it's normal to see it fluctuate from high to low and vice versa.

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Quote from: udayantha11 on May 29, 2021, 06:36:38 AM

This time totally different from 2018 situation. Still i am beliving that no bear market comes. so what time will come , i think in another 3 months?

Right, conditions are different now from 2018, at that time bitcoin was not widely accepted on the stock exchange, and now there are many stock exchanges that accept bitcoin and cryptocurrencies, this is what makes bitcoin stable and continues to increase

I don't see it that way, the market grew, that's true but manipulation is still happening, with that said, you can't control manipulation as the whales will dictate the outcome of the market, if they want to dump it to create panic, they can do it, but one thing is certain, it will bounce back again and we will see a new ATH, it's only a question on when it will come.

poldanmig

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Quote from: udayantha11 on May 29, 2021, 06:36:38 AM

This time totally different from 2018 situation. Still i am beliving that no bear market comes. so what time will come , i think in another 3 months?

Currently global sentiment towards Bitcoin continues to depress cryptocurrency prices and will likely last longer than ever before, especially since the Chinese government has continuously banned its citizens and the global community from using and investing in bitcoin.
I'm a little unsure if the bear market will end within 3 months and I think now the market may be going downhill again after some bans from several countries now, recently the Thai Securities and Exchange Commission (SEC) , also issued a new regulation that prohibits the transactions of several digital currencies including those based on NFT.

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Quote from: udayantha11 on May 29, 2021, 06:36:38 AM

This time totally different from 2018 situation. Still i am beliving that no bear market comes. so what time will come , i think in another 3 months?

When the bear market will come should not be our main interest cause bear market is certain in a trend and it is required of a trader or investor to prepare for this time not just looking after bullish moves only. The bearish is very important in the market cause those that bought at the dip of the market can be able to sell at the top when the Bearish move will start, and those that are planning to sell at the top can do that, to ride the Bearish move to it support where it will gain momentum to go bullish again following the market cycle.

The market to me has started the move but it's not that obvious to the general market untill price go below $30k before a lot of traders will notice that, the market had changed trend. Price is still ranging now going from $30k to $50k in a sided way manner. The market still have high possibility of breaking the $30k support before going back to $40k.

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Quote from: fielkun on July 02, 2021, 02:19:36 AM

Given the current situation, we are in right now... Yes, I believe we are still in a bear market. Everything is glowing red everywhere I set my eyes on. Well, I'm glad I kept my cool and didn't panic sell. I simply hodled and amassed a fair amount of my fave altcoins for my portfolio. My current holdings include ETH, ADA, LTC, BNB, XRP, and this hidden gem XSN. I strongly believe these coins will generate massive profits on the next bull run.

Now the best thing is to hold, the market will rise again soon, see in december then we will smile because the value of our assets has increased up to 300%. Buy cheap coin is more profitable because it easy increase 10x even more.

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Quote from: Boomber on July 11, 2021, 10:05:59 AM

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Quote from: CutePanda on June 27, 2021, 08:48:02 PM

This time when the bear market comes, it is hoped that all investors and traders will be patient and don't panic, and remember the most important thing, never cut loss in a bearish market, because you won't get anything if you cut loss when the market is bad, we must be able to keep our mindset under any circumstances to stay calm for more profit when the market conditions have improved.

Those who know crypto for at least 2 years must understand crypto trends, bad market is a good opportunity to buy, I agree that being patient is better than cut loss, always sure the market red like now has happened before.

I agree with you, because from my experience in 2018 (when the market is correcting), then I bought cryptocurrency with all my money and sold it in March 2021, so I got a very big profit, then now the market is correcting again and I want to take this opportunity again to buy cryptocurrency, so when the market starts to grow again (the price increases very high), then of course I can get a big profit like this year.

You are one of the lucky people to be able to hold cryptocurrency from 2018 to 2021, very few people can hold that long. I'm sure you are
experienced in the crypto world, because the decisions you make indicate that you can do research and analysis well. So you can make a very
large profit from investing in cryptocurrency this year, I hope you can repeat your success. Because now is the right time to buy crypto,
and must be patient waiting for the price of the crypto that we buy to rise. But as long as we invest in the right coins, it should be able to
generate large profits.

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Quote from: CutePanda on June 27, 2021, 08:48:02 PM

This time when the bear market comes, it is hoped that all investors and traders will be patient and don't panic, and remember the most important thing, never cut loss in a bearish market, because you won't get anything if you cut loss when the market is bad, we must be able to keep our mindset under any circumstances to stay calm for more profit when the market conditions have improved.

Those who know crypto for at least 2 years must understand crypto trends, bad market is a good opportunity to buy, I agree that being patient is better than cut loss, always sure the market red like now has happened before.

I agree with you, because from my experience in 2018 (when the market is correcting), then I bought cryptocurrency with all my money and sold it in March 2021, so I got a very big profit, then now the market is correcting again and I want to take this opportunity again to buy cryptocurrency, so when the market starts to grow again (the price increases very high), then of course I can get a big profit like this year.

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I think you are wrong, because currently a bear market is happening, it's just that the correction that occurs in 2021 is not as big as in 2018, but still a bear market will always occur when the bull run is over, therefore I always recommend not panic sell when a bear market occurs and hold or buy more, because I'm sure sooner or later the market will recover and increase very high again, so that we will get profit back from investing in cryptocurrency.

That is correct, a bear market is a bear market no matter how big or small the drop is. For example we are in a situation where we made a good profit in 2021 and then it crashed 50%, if you are not going to call 50%+ drop a bear market then what are you going to call it? Obviously it is a bear market, and yes it is not as harsh as 2018 that is true, in 2018 I have seen coins go down as much as 95% at some point, and bitcoin was down more than 80% and we still recovered, so there is really nothing wrong with calling it 2018 the biggest bear run I can remember.

However just because there were 80-90% drops in 2018 doesn't mean that the current 50%+ drop in the crypto market these days is not bear market neither, there are levels of it for sure but they are all still the same bear market. I hope that we can recover quicker from this as well, that would be great.

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Given the current situation, we are in right now... Yes, I believe we are still in a bear market. Everything is glowing red everywhere I set my eyes on. Well, I'm glad I kept my cool and didn't panic sell. I simply hodled and amassed a fair amount of my fave altcoins for my portfolio. My current holdings include ETH, ADA, LTC, BNB, XRP, and this hidden gem XSN. I strongly believe these coins will generate massive profits on the next bull run.

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