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Topic: Understanding a bear market. (Read 801 times)

hero member
Activity: 2716
Merit: 552
June 09, 2021, 04:38:20 AM
#96
A bear market is a series of days in which price candles make a trend of decreasing highs until they can no longer fall. The bear market lasts slowly and sends traders into traps. They buy and cut losses continuously. I've been through a bear market and I know how it works.
One piece of advice for everyone is "the trends is friends" so don't try to fight the trend. Wait until everyone is out of the market and buy a lot. It was the beginning of wealth.

You can't say it's just a series of days of price downfall, because there are tendencies that the marker quickly recovers and stays in the current price region. Bear market usually identified in a prolonged gradual price decrease of 30% or more. 2018 was the most recent example.
Many people doesn't even considered the current price action as a bear market. Not unless Bitcoin stays at the same region or worse fall for another month or two.

Also, trends always works in the crypto space. Most especially when someone who's influential enough to hype the crypto market will enter the market. Elon was the perfect example.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
June 09, 2021, 12:57:21 AM
#95
From the little experience am having in Cryptocurrency the only people I know will be scared currently are the newbies which might endup getting discouraged and selling there coins at lost but if you have spent like 2-3years in Cryptocurrency I believe this bear market shouldn't be problem because you should know is just temporary which the only thing you just have to do is to hold coin and wait for your profit in the nearest future.
It is a cycle of bear and bull. A trader needs to know their basics first, simply put, newbies should not try their hands at trading something like crypto when they have zero back knowledge of how a speculative market works or zero prior trading history in other markets.

For a layman, a drop is price means people are selling and that to them is a bad sign. Add to that the layman's convoluted negative image of crypto from the press and media adds in more distrust in the asset. But they were greedy because someone told them to buy bitcoin at the wrong time and now they got stuck. That is how weak hands enter the market, they dont do research or studies before putting in their money.

However the market currently is recovering between Musk's negatives and Paypal's positives. Overall trend is bearish but recovery will happen.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
June 08, 2021, 04:55:46 PM
#94
I think bear and bull season are mixed. According to some, it is the bull season, and for others, it is the bear season. The reason for this situation is: Bull for someone entering the market in 2019, and bear for someone entering in the 2nd quarter of 2021. That's my personal view on how it's both.
Good thought.

What we've seen when it dropped is a normal correction that duly happened once the market had reached its peak. The sentiment is bearish this time but there's still a possibility that it will go up and make itself again bullish

From the little experience am having in Cryptocurrency the only people I know will be scared currently are the newbies which might endup getting discouraged and selling there coins at lost but if you have spent like 2-3years in Cryptocurrency I believe this bear market shouldn't be problem because you should know is just temporary which the only thing you just have to do is to hold coin and wait for your profit in the nearest future.
That's true, they usually going out early because they lack experience. But if they're the same newbie as 2018 and they've gained the experience for the first time, they cannot be out that early because they can stand until the market wholly recovers.
hero member
Activity: 1484
Merit: 928
June 08, 2021, 03:32:13 PM
#93
From the little experience am having in Cryptocurrency the only people I know will be scared currently are the newbies which might endup getting discouraged and selling there coins at lost but if you have spent like 2-3years in Cryptocurrency I believe this bear market shouldn't be problem because you should know is just temporary which the only thing you just have to do is to hold coin and wait for your profit in the nearest future.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
June 08, 2021, 03:28:27 PM
#92
We should also prepare ourselves for a long bear market because the bull this year was so strong so I also believe that we will go back from where we started, it could be deeper.

Completely disagree. This bull cycle has been the result of increased adoption. Particularly institutionally. I don't think we will see a prolonged bear market because of the success we are seeing in this bull market.
Right now a bear market is almost impossible despite the heavy correction we saw some time ago, there is almost no one willing to sell which means that 30k is the new floor for the price of bitcoin and taking into account this is 10k above the previous ATH of 2017 then this is really good news.

What am I expecting? That the activation of taproot takes place and this bring optimism to the market once again and maybe we see another massive bull run by the end of the year.
member
Activity: 140
Merit: 10
June 07, 2021, 05:57:16 PM
#91
I think bear and bull season are mixed. According to some, it is the bull season, and for others, it is the bear season. The reason for this situation is: Bull for someone entering the market in 2019, and bear for someone entering in the 2nd quarter of 2021. That's my personal view on how it's both.
full member
Activity: 1736
Merit: 116
June 07, 2021, 05:09:44 PM
#90
I admit the movement of Bitcoin is very stagnated, even now Bitcoin is still below the price of $ 40k. If you mention this condition as
a bear market, that's your right, because I think it's still not a bear market. Regardless of whether it is a bear market or not, the most
important thing now is that we are in a very crucial situation. This means that if Bitcoin fails several times to rise above the $40k price,
there is a possibility that the price will fall deeper. All we can do is be patient with holding the Bitcoin we have. Because no one knows
when Bitcoin will rise above $40k again.
If you only check short time spans you could even more often say that Bitcoin is stagnating, but if you expand the time span I can't see how Bitcoin is stagnating. It is stable right now, but not stagnating. Stagnation means no back and forth, but rather over a longer period of time. Imagine a company with one your increasing their customer base by 700%, but from May to July they don't increase their customer base. Did that company stagnate?

I've caught your point, it's best if we don't just look at a short span of time. But we have to look at Bitcoin price movements in a wide time span,
indeed if that's the way Bitcoin doesn't stagnate. But Bitcoin managed to provide a positive movement, because the increase in Bitcoin was
very drastic when compared to the previous year. Maybe now Bitcoin has not risen again to the ATH price, because most people are still waiting
for the good news. Therefore it is very important good news in a situation like now, because most people don't want to enter the market now,
because they fear the price of Bitcoin will still go down. We do have to always monitor the movement of Bitcoin, but I'm still optimistic that Bitcoin
will reach the new ATH price by the end of this year.
legendary
Activity: 2758
Merit: 1228
June 04, 2021, 05:36:23 AM
#89
Actually, everyone does have different thoughts regarding bear markets, therefore there are always two different opinions in the current situation.
I myself prefer to say that now we have not entered a bear market, because I believe the price above $ 30k is still safe and is still said to be
a correction. Now slowly Bitcoin is starting to approach $40k price, if it manages to go above $ 40k, it means Bitcoin is back on the right track.
But if the price continues to drop below $ 30k, I believe a bear market will occur.
For me the market looks pretty bearish already, because besides the correction there is a serious and visible difficult in overcoming the 30,000$ price range. A bearish market doesn't mean prices are crashing only, but it's also an evidence of a stagnated market where the currencies don't have strength to pump, so they keep stable most of the time.
A bear market also brings a very treacherous season, as we never know when it will finish and for how long it will last. It can be weeks, months or years. The point is that when it finishes it happens suddenly. And if the investor isn't prepared holding his coins, he may lose another profit opportunity.

I admit the movement of Bitcoin is very stagnated, even now Bitcoin is still below the price of $ 40k. If you mention this condition as
a bear market, that's your right, because I think it's still not a bear market. Regardless of whether it is a bear market or not, the most
important thing now is that we are in a very crucial situation. This means that if Bitcoin fails several times to rise above the $40k price,
there is a possibility that the price will fall deeper. All we can do is be patient with holding the Bitcoin we have. Because no one knows
when Bitcoin will rise above $40k again.

If you only check short time spans you could even more often say that Bitcoin is stagnating, but if you expand the time span I can't see how Bitcoin is stagnating. It is stable right now, but not stagnating. Stagnation means no back and forth, but rather over a longer period of time. Imagine a company with one your increasing their customer base by 700%, but from May to July they don't increase their customer base. Did that company stagnate?

That's good thing happens on the market since eventhough the market is heavily fud still we didn't go far the same what happen on year 2018. For this we can possibly see a major comeback to its ATH but it takes time since for now people are still in state of confusion, but I really believe that we will go thru on this situation and hypes will follow in next month or so on.
full member
Activity: 269
Merit: 100
The Standard Protocol - Solving Inflation
June 03, 2021, 06:06:10 PM
#88
Actually, everyone does have different thoughts regarding bear markets, therefore there are always two different opinions in the current situation.
I myself prefer to say that now we have not entered a bear market, because I believe the price above $ 30k is still safe and is still said to be
a correction. Now slowly Bitcoin is starting to approach $40k price, if it manages to go above $ 40k, it means Bitcoin is back on the right track.
But if the price continues to drop below $ 30k, I believe a bear market will occur.
For me the market looks pretty bearish already, because besides the correction there is a serious and visible difficult in overcoming the 30,000$ price range. A bearish market doesn't mean prices are crashing only, but it's also an evidence of a stagnated market where the currencies don't have strength to pump, so they keep stable most of the time.
A bear market also brings a very treacherous season, as we never know when it will finish and for how long it will last. It can be weeks, months or years. The point is that when it finishes it happens suddenly. And if the investor isn't prepared holding his coins, he may lose another profit opportunity.

I admit the movement of Bitcoin is very stagnated, even now Bitcoin is still below the price of $ 40k. If you mention this condition as
a bear market, that's your right, because I think it's still not a bear market. Regardless of whether it is a bear market or not, the most
important thing now is that we are in a very crucial situation. This means that if Bitcoin fails several times to rise above the $40k price,
there is a possibility that the price will fall deeper. All we can do is be patient with holding the Bitcoin we have. Because no one knows
when Bitcoin will rise above $40k again.

If you only check short time spans you could even more often say that Bitcoin is stagnating, but if you expand the time span I can't see how Bitcoin is stagnating. It is stable right now, but not stagnating. Stagnation means no back and forth, but rather over a longer period of time. Imagine a company with one your increasing their customer base by 700%, but from May to July they don't increase their customer base. Did that company stagnate?
full member
Activity: 1736
Merit: 116
June 03, 2021, 05:13:37 PM
#87
Actually, everyone does have different thoughts regarding bear markets, therefore there are always two different opinions in the current situation.
I myself prefer to say that now we have not entered a bear market, because I believe the price above $ 30k is still safe and is still said to be
a correction. Now slowly Bitcoin is starting to approach $40k price, if it manages to go above $ 40k, it means Bitcoin is back on the right track.
But if the price continues to drop below $ 30k, I believe a bear market will occur.
For me the market looks pretty bearish already, because besides the correction there is a serious and visible difficult in overcoming the 30,000$ price range. A bearish market doesn't mean prices are crashing only, but it's also an evidence of a stagnated market where the currencies don't have strength to pump, so they keep stable most of the time.
A bear market also brings a very treacherous season, as we never know when it will finish and for how long it will last. It can be weeks, months or years. The point is that when it finishes it happens suddenly. And if the investor isn't prepared holding his coins, he may lose another profit opportunity.

I admit the movement of Bitcoin is very stagnated, even now Bitcoin is still below the price of $ 40k. If you mention this condition as
a bear market, that's your right, because I think it's still not a bear market. Regardless of whether it is a bear market or not, the most
important thing now is that we are in a very crucial situation. This means that if Bitcoin fails several times to rise above the $40k price,
there is a possibility that the price will fall deeper. All we can do is be patient with holding the Bitcoin we have. Because no one knows
when Bitcoin will rise above $40k again.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
June 02, 2021, 02:23:28 PM
#86
For me a true bearish scenario is one that comes after a Distribution stage, normally the bearish trend stage also has corrections and recoveries just as it does when the market is in a bullish trend, honestly the signs of this can be noticed in the volume, and in the amount of sales or sales wall by the whales.

That is why I personally do not believe that the bullish trend stage has yet ended in the BTC market, there is much more to do. In addition, in any market when there is a bearish trend, the news is usually very positive to encourage buyers who do not understand the market to buy, while millionaires sell high, the whales are the ones who actually decide when to enter the market  bearish trend. As soon as the bearish trend stage is present, trades usually appear in "Leveraged Shorts", that is another way to confirm such a trend.
legendary
Activity: 1610
Merit: 1003
June 02, 2021, 10:42:00 AM
#85
learn a lesson, when the price down, buy as many as you can. if you doubt, just wait the moment, sometime, people will mention how far it is. so, always keep in touch with crypto news.
need to know how bear and bull market work. investor know even of its just a little, they know when the price will steady, down, or up. you can take a profit in a short, but, you need to monitoring every chart.
full member
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
June 02, 2021, 07:21:22 AM
#84
One piece of advice for everyone is "the trends is friends" so don't try to fight the trend. Wait until everyone is out of the market and buy a lot. It was the beginning of wealth.
I agree with your advice because there was an economic concept that supports that which was called Keynesian Beauty Contest where it states that no matter what your opinion is, the general public opinion on who is more beautiful will be the one that matters the most.
hero member
Activity: 2688
Merit: 588
June 02, 2021, 07:14:15 AM
#83
Bear market is not that bad nor can it be avoided, I see it as a way of cleaning up the space for a healthier market, an opportunity for new investors to buy at a reasonable price, anyone in crypto should always be prepared for this period and also understand it won't last forever, bull and bear both have a time frame.
It also paves way for the next bullrun to reach higher price, just imagine if those people who easily panicking still holding their btc, that kind of people are already
shaken with every market movement and a little pumping already make them willing to sell their btc holding, i personally dont see this as a big deal but
it will not make btc reach its fullest potential and probably underperforming but if all that left are diamond hands, you can see the market will moon easily seem subtle but could make big impact.
Eventually those people who panic will always end up selling, they sell at every fear they get from the drop, but the ones that keep the price high as much as current price are the people who are willing to hold and knowing what it is values a lot.

Think about still being 60k today, we would not know what the bottom is and now we know that it is 30k+ and that is a valuable information, we can use this for the future bull because we could invest accordingly, we could buy right now and hold and wait for it to go up and when it is going up we would know that it would not go down under 30k again so we can invest with ease. These are very valuable information to have, and the drop itself is bad for people who lost money and I am sorry for them but I am keeping my coins and I am not going to sell and get out, which means I am going to do even better in the future.
sr. member
Activity: 1246
Merit: 263
SmartFi - EARN, LEND & TRADE
June 01, 2021, 10:39:03 PM
#82
A bear market is a series of days in which price candles make a trend of decreasing highs until they can no longer fall. The bear market lasts slowly and sends traders into traps. They buy and cut losses continuously. I've been through a bear market and I know how it works.
One piece of advice for everyone is "the trends is friends" so don't try to fight the trend. Wait until everyone is out of the market and buy a lot. It was the beginning of wealth.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
June 01, 2021, 09:23:21 PM
#81
BTC was once 3000+ and ETH at that time was around 160$ each, if you've filled your bags at this time you are already millionaire unless you buy too little, bear market looks like a bad season to many but honestly it's the perfect sowing season
I don't think so, unless if you buy Bitcoin last 2018/2019 where the price is at below $5k that I think you will become a millionaire. But if you buy Bitcoin this time, you have to wait for another 3-4 years( maybe) when the Bullrun has come again (new ATH). We are currently at $36k plus, which seems still high if we think that we are in the bear season, and I don't think that way but looking at the situation still at a bullish season.
if you look at the current downward movement, I think it is still in a correction status, and actually now we can start buying gradually, especially at the 61% fibo, I think it is the right level to invest. but sometimes it hasn't reached that level yet the price is bullish again
We will find out soon, will it still be bullish or the bearish market had already taken over, either way, it's not a problem for me as that opens another opportunity to accumulate at the dip, you know what I'm saying.

This is just a normal market scenario, we witness a bull run then a bear market comes next, a long bear market actually.
sr. member
Activity: 1344
Merit: 253
June 01, 2021, 08:51:46 PM
#80
BTC was once 3000+ and ETH at that time was around 160$ each, if you've filled your bags at this time you are already millionaire unless you buy too little, bear market looks like a bad season to many but honestly it's the perfect sowing season
I don't think so, unless if you buy Bitcoin last 2018/2019 where the price is at below $5k that I think you will become a millionaire. But if you buy Bitcoin this time, you have to wait for another 3-4 years( maybe) when the Bullrun has come again (new ATH). We are currently at $36k plus, which seems still high if we think that we are in the bear season, and I don't think that way but looking at the situation still at a bullish season.
if you look at the current downward movement, I think it is still in a correction status, and actually now we can start buying gradually, especially at the 61% fibo, I think it is the right level to invest. but sometimes it hasn't reached that level yet the price is bullish again
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
June 01, 2021, 05:46:03 PM
#79
BTC was once 3000+ and ETH at that time was around 160$ each, if you've filled your bags at this time you are already millionaire unless you buy too little, bear market looks like a bad season to many but honestly it's the perfect sowing season
I don't think so, unless if you buy Bitcoin last 2018/2019 where the price is at below $5k that I think you will become a millionaire. But if you buy Bitcoin this time, you have to wait for another 3-4 years( maybe) when the Bullrun has come again (new ATH). We are currently at $36k plus, which seems still high if we think that we are in the bear season, and I don't think that way but looking at the situation still at a bullish season.
member
Activity: 504
Merit: 16
June 01, 2021, 11:59:13 AM
#78
BTC was once 3000+ and ETH at that time was around 160$ each, if you've filled your bags at this time you are already millionaire unless you buy too little, bear market looks like a bad season to many but honestly it's the perfect sowing season
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
June 01, 2021, 10:14:07 AM
#77
We should also prepare ourselves for a long bear market because the bull this year was so strong so I also believe that we will go back from where we started, it could be deeper.

Completely disagree. This bull cycle has been the result of increased adoption. Particularly institutionally. I don't think we will see a prolonged bear market because of the success we are seeing in this bull market.
Well no one really knows about what will happen next we can speculate but we cannot really point out any exact date on when crypto rise or fall maybe it will fall in a short time and rise again and become partially stable. Everything is unpredictable we need patience not speculation.

But as long as we can see the marker is on good shape we can speculate that we possibly got a good future with bitcoin. But although your right that we doesn't know on what will happen but aslong as we can see more people hype or share some positive news about crypto well maybe we doesn't need to worry about the bitcoins price in future.
although we know bitcoin will be bright in the future, but sometimes we are not mentally strong to see the volatility of bitcoin which moves quickly. let's take an example when the price of bitcoin decreased, so that it reached $ 3500, at that time did many know that bitcoin would reach this time, of course many people were afraid to step up at that time
The only one who got afraid to buy at that time are those low ballers who get panick and didn't pick up theirselves when huge dump happen but for whales for sure they are earning big with those incident happen for the past. But sadly I sold mine early but its totally fine now I alwaya think that profit is profit whatever figure you sold then its totally fine as long as you earn a profit then its no big deal at all.
full member
Activity: 1526
Merit: 111
Pepemo.vip
June 01, 2021, 08:40:34 AM
#76
We should also prepare ourselves for a long bear market because the bull this year was so strong so I also believe that we will go back from where we started, it could be deeper.

Completely disagree. This bull cycle has been the result of increased adoption. Particularly institutionally. I don't think we will see a prolonged bear market because of the success we are seeing in this bull market.
Well no one really knows about what will happen next we can speculate but we cannot really point out any exact date on when crypto rise or fall maybe it will fall in a short time and rise again and become partially stable. Everything is unpredictable we need patience not speculation.

But as long as we can see the marker is on good shape we can speculate that we possibly got a good future with bitcoin. But although your right that we doesn't know on what will happen but aslong as we can see more people hype or share some positive news about crypto well maybe we doesn't need to worry about the bitcoins price in future.
although we know bitcoin will be bright in the future, but sometimes we are not mentally strong to see the volatility of bitcoin which moves quickly. let's take an example when the price of bitcoin decreased, so that it reached $ 3500, at that time did many know that bitcoin would reach this time, of course many people were afraid to step up at that time
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
June 01, 2021, 07:12:38 AM
#75
We should also prepare ourselves for a long bear market because the bull this year was so strong so I also believe that we will go back from where we started, it could be deeper.

Completely disagree. This bull cycle has been the result of increased adoption. Particularly institutionally. I don't think we will see a prolonged bear market because of the success we are seeing in this bull market.
Well no one really knows about what will happen next we can speculate but we cannot really point out any exact date on when crypto rise or fall maybe it will fall in a short time and rise again and become partially stable. Everything is unpredictable we need patience not speculation.

But as long as we can see the market is on good shape we can speculate that we possibly got a good future with bitcoin. But although your right that we doesn't know on what will happen but aslong as we can see more people hype or share some positive news about crypto well maybe we doesn't need to worry about the bitcoins price in future.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
June 01, 2021, 03:25:35 AM
#74
Bear market is not that bad nor can it be avoided, I see it as a way of cleaning up the space for a healthier market, an opportunity for new investors to buy at a reasonable price, anyone in crypto should always be prepared for this period and also understand it won't last forever, bull and bear both have a time frame.
It also paves way for the next bullrun to reach higher price, just imagine if those people who easily panicking still holding their btc, that kind of people are already
shaken with every market movement and a little pumping already make them willing to sell their btc holding, i personally dont see this as a big deal but
it will not make btc reach its fullest potential and probably underperforming but if all that left are diamond hands, you can see the market will moon easily seem subtle but could make big impact.
member
Activity: 949
Merit: 48
June 01, 2021, 02:20:48 AM
#73
We should also prepare ourselves for a long bear market because the bull this year was so strong so I also believe that we will go back from where we started, it could be deeper.

Completely disagree. This bull cycle has been the result of increased adoption. Particularly institutionally. I don't think we will see a prolonged bear market because of the success we are seeing in this bull market.
Well no one really knows about what will happen next we can speculate but we cannot really point out any exact date on when crypto rise or fall maybe it will fall in a short time and rise again and become partially stable. Everything is unpredictable we need patience not speculation.
sr. member
Activity: 287
Merit: 368
"Stop using proprietary software."
May 31, 2021, 10:23:12 PM
#72
We should also prepare ourselves for a long bear market because the bull this year was so strong so I also believe that we will go back from where we started, it could be deeper.

Completely disagree. This bull cycle has been the result of increased adoption. Particularly institutionally. I don't think we will see a prolonged bear market because of the success we are seeing in this bull market.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
May 31, 2021, 06:48:02 PM
#71
In this season we are now, is to be strong with the condition of bitcoin price because BTC is unpredictable. Many successful  investors never stop understanding a bear market which has helped many to achieve reasonable profit from their Investment. It is better to understand that nothing last forever in exchange market either good or bad.
I don't think there's anything wrong with the market. the ups and downs of the market become very natural. our job is to read the future of the market, analyze the market for a profit. in analyzing this we need experience to deal with erratic market movements. certainly no one person can win all bets on horse racing
Nobody says that there is something wrong with it, market will go up or down and that's expected. What we are not aware or maybe not in is the fact that is this a bear run? I mean nobody knows if we are in a bear run or not because we stopped going down and even went up a good amount, so it is not really a guaranteed situation for us. Can we say it is a bear market because it went from 64k to 40k? Of course we can call it a bear market. Can we say that it is not a bear market because it went from 30k to 40k? Of course we can.

So, the question is we are looking at it from both sides and we can say that it is doing very well for the both sides and that's fine, this is why I think it is not going to be easy to decide before it happens. If the price starts going down a lot from here then we can call it a bear run, but if the price starts going up then we will say it wasn't a bear run.

Actually, everyone does have different thoughts regarding bear markets, therefore there are always two different opinions in the current situation.
I myself prefer to say that now we have not entered a bear market, because I believe the price above $ 30k is still safe and is still said to be
a correction. Now slowly Bitcoin is starting to approach $40k price, if it manages to go above $ 40k, it means Bitcoin is back on the right track.
But if the price continues to drop below $ 30k, I believe a bear market will occur.

For me the market looks pretty bearish already, because besides the correction there is a serious and visible difficult in overcoming the 30,000$ price range. A bearish market doesn't mean prices are crashing only, but it's also an evidence of a stagnated market where the currencies don't have strength to pump, so they keep stable most of the time.
A bear market also brings a very treacherous season, as we never know when it will finish and for how long it will last. It can be weeks, months or years. The point is that when it finishes it happens suddenly. And if the investor isn't prepared holding his coins, he may lose another profit opportunity.
full member
Activity: 1736
Merit: 116
May 31, 2021, 06:27:27 PM
#70
In this season we are now, is to be strong with the condition of bitcoin price because BTC is unpredictable. Many successful  investors never stop understanding a bear market which has helped many to achieve reasonable profit from their Investment. It is better to understand that nothing last forever in exchange market either good or bad.
I don't think there's anything wrong with the market. the ups and downs of the market become very natural. our job is to read the future of the market, analyze the market for a profit. in analyzing this we need experience to deal with erratic market movements. certainly no one person can win all bets on horse racing
Nobody says that there is something wrong with it, market will go up or down and that's expected. What we are not aware or maybe not in is the fact that is this a bear run? I mean nobody knows if we are in a bear run or not because we stopped going down and even went up a good amount, so it is not really a guaranteed situation for us. Can we say it is a bear market because it went from 64k to 40k? Of course we can call it a bear market. Can we say that it is not a bear market because it went from 30k to 40k? Of course we can.

So, the question is we are looking at it from both sides and we can say that it is doing very well for the both sides and that's fine, this is why I think it is not going to be easy to decide before it happens. If the price starts going down a lot from here then we can call it a bear run, but if the price starts going up then we will say it wasn't a bear run.

Actually, everyone does have different thoughts regarding bear markets, therefore there are always two different opinions in the current situation.
I myself prefer to say that now we have not entered a bear market, because I believe the price above $ 30k is still safe and is still said to be
a correction. Now slowly Bitcoin is starting to approach $40k price, if it manages to go above $ 40k, it means Bitcoin is back on the right track.
But if the price continues to drop below $ 30k, I believe a bear market will occur.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
May 31, 2021, 04:07:26 PM
#69
This is a good one especially at a time like this, cut across for everybody be it a newbie and already made investors. During a time like this (bear) I will just suggest we hold for those already into it and not panic sell as this might be regretted at the end of the day and those that want to buy should not hesitate because we might also experience bull anytime soon.
Bear season is definitely a perfect time to buy potential coins which you think will grow in the future. New investors are expected to come in the market and grab the opportunity to fill their bags with potential coins that have reasonable price. But this is not only a buying moment as old investors prefer to hold their investments than panic selling even if the market is experiencing a sharp decline in prices. But only strong hands have all the courage to hold because weak hands end up panic selling and eventually losses their chance to create huge profits in the future.
It may seem to be counter-intuitive but this is the truth, people forget that a great deal of the profit you can make depends on the moment you buy, the newbies buying at a price above 60k did not realized that it was a bad moment to buy.

It was way better to wait for the correction to happen and only then they could buy, after all if the bull market continues during the next months then they will be in profits almost immediately and if a bear market comes then it will be easier to hold their coins as the drop will not be anywhere near as big as the drop they are experimenting by buying so close to the ATH.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
May 31, 2021, 01:10:58 AM
#68
There are different perspectives in terms of keeping your assets and wait for the situation to go back, people thinks differently, and the most usually failed and make ahuge mistakes of selling out with huge losses as they are losing faith with their decisions in taking their money to this investment venue.
It is still too early to call it out as a bear market. Losses happened with people who bought at the wrong time. Would you in your sane mind buy a chunk of BTC at 60k USD? I would not, but sell if I was able to catch that price any longer. But then there are some people who make this mistake and now that bitcoin dropped back to 30k USD levels they are now panic selling a bigger dump.

It is a manipulated market right now. Two negative news (China and Musk) and one positive news (Paypal). If you are still with the market you would hold at this stage and see how much impact the Paypal news has on the price. It will grow, but slowly provided no other celeb comes into the picture trying to get some quick profits.
legendary
Activity: 2562
Merit: 1414
May 30, 2021, 02:05:59 PM
#67
We wouldnt know until it do happen and you are right that price do go up and down and you cant determine if a simple or basic decrease in price is just a correction but cant really totally push

In fact we can but sometimes we dont want to which is why not everyone are suitable for trading, some people are better off making alot more just by holding. You dont need to be an expert to be able to look at the chart and tell me that we are currently in the downtrend.

Well it doesnt really matter for me anyway in fact I love it this way. The fact that I can sell some of my alts on the top price means that there are alot of people that are ignorant with the signs. There are several signs of 'bears' coming before we dropped from 64k to the current 36k but some people choose to keep believing that we are not into the bear market.

Do I believe that bitcoin is going to hit another new ATH someday? Yes I do but currently we are not in a great shape and it is a downtrend
hero member
Activity: 2996
Merit: 609
May 30, 2021, 01:50:39 PM
#66
In this season we are now, is to be strong with the condition of bitcoin price because BTC is unpredictable. Many successful  investors never stop understanding a bear market which has helped many to achieve reasonable profit from their Investment. It is better to understand that nothing last forever in exchange market either good or bad.
I don't think there's anything wrong with the market. the ups and downs of the market become very natural. our job is to read the future of the market, analyze the market for a profit. in analyzing this we need experience to deal with erratic market movements. certainly no one person can win all bets on horse racing
Nobody says that there is something wrong with it, market will go up or down and that's expected. What we are not aware or maybe not in is the fact that is this a bear run? I mean nobody knows if we are in a bear run or not because we stopped going down and even went up a good amount, so it is not really a guaranteed situation for us. Can we say it is a bear market because it went from 64k to 40k? Of course we can call it a bear market. Can we say that it is not a bear market because it went from 30k to 40k? Of course we can.

So, the question is we are looking at it from both sides and we can say that it is doing very well for the both sides and that's fine, this is why I think it is not going to be easy to decide before it happens. If the price starts going down a lot from here then we can call it a bear run, but if the price starts going up then we will say it wasn't a bear run.
We can only say its a bear market when everything turns out to be red or in dip price but spotting them and tell it on early basis is something that cant really be done by anybody.

We wouldnt know until it do happen and you are right that price do go up and down and you cant determine if a simple or basic decrease in price is just a correction but cant really totally push

off the market to the floor and thats what makes it more hard to predict if you arent really that experienced enough then you would have these kind of thoughts in mind
or even youre pro this market is unpredictable.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
May 30, 2021, 01:46:26 PM
#65
In this season we are now, is to be strong with the condition of bitcoin price because BTC is unpredictable. Many successful  investors never stop understanding a bear market which has helped many to achieve reasonable profit from their Investment. It is better to understand that nothing last forever in exchange market either good or bad.
I don't think there's anything wrong with the market. the ups and downs of the market become very natural. our job is to read the future of the market, analyze the market for a profit. in analyzing this we need experience to deal with erratic market movements. certainly no one person can win all bets on horse racing
Nobody says that there is something wrong with it, market will go up or down and that's expected. What we are not aware or maybe not in is the fact that is this a bear run? I mean nobody knows if we are in a bear run or not because we stopped going down and even went up a good amount, so it is not really a guaranteed situation for us. Can we say it is a bear market because it went from 64k to 40k? Of course we can call it a bear market. Can we say that it is not a bear market because it went from 30k to 40k? Of course we can.

So, the question is we are looking at it from both sides and we can say that it is doing very well for the both sides and that's fine, this is why I think it is not going to be easy to decide before it happens. If the price starts going down a lot from here then we can call it a bear run, but if the price starts going up then we will say it wasn't a bear run.
sr. member
Activity: 882
Merit: 253
May 29, 2021, 10:07:35 AM
#64
The bear market basically coexists with this one.  Good or bad depends on the volatility of the overall market.  It leaves us with escapes in perfect situations if we get used to it.  The bear market will reshape the value of shitcoins and we'll see what's supported.  The hunts will bring the prey to the slaughterhouse.  And the bear market knows it will.
I think it's the same happened back in the last bullrun, a big dip happens before it gets to the top again. This is a great opportunity for us to buy again. Most of us wait the big dip to happen and here it is. For those not able to buy before bullrun but didn’t sure how long this dip will happen. In BTC, it might back again at $30k or lower. If another bad news or regulation again will happen especially in US. I’m sure it will go deeper so we should also aware of that. Big good news needs to occur so that BTC will recover soon. It’s a good feeling that already converted by tokens into stable coin and wait to buy again.
hero member
Activity: 1414
Merit: 574
May 29, 2021, 09:40:40 AM
#63
If you study the market and cryptocurrency, it is normal for it to undergo a bearish market.

You just need to understand that market is volatile and there are other cryptocurrencies which are profitable than bitcoin.

Some people are just holding until they see the market go bullish again but we don't know when that will happen.
Even if people do understand that the market enters the bear market, they will still do the same thing because not everyone has a strong hands when it comes to hodling and waiting for the bear market to end.

There are different perspectives in terms of keeping your assets and wait for the situation to go back,

people thinks differently, and the most usually failed and make ahuge mistakes of selling out with huge losses

as they are losing faith with their decisions in taking their money to this investment venue.

Or better yet, every crypto holder has their own necessities. We can't say, someone has weak hands if he needs to sell his portfolio because of urgent financial matters. Does he need to hold his portfolio even if we say he badly needed the cash? I don't think so. So with varying needs of every holder, they will have different approach on holding their coins. But if you can hold and you have no urgency, that would be better. At least, you can think of ways how to cut losses or gain profits.

Another reason why they cant hold when the market was bearish because they have not cash to buy at the dip and do average down for their portfolio. For me, If I dont have money to do average down then I sell it for reduce the losses. Is there another strategy? They sell their crypto because they bought at the top with FOMO, so when the market down they are not ready to face the losses, and dont have enough money.
sr. member
Activity: 1988
Merit: 275
May 28, 2021, 06:18:14 PM
#62
If you study the market and cryptocurrency, it is normal for it to undergo a bearish market.

You just need to understand that market is volatile and there are other cryptocurrencies which are profitable than bitcoin.

Some people are just holding until they see the market go bullish again but we don't know when that will happen.
Even if people do understand that the market enters the bear market, they will still do the same thing because not everyone has a strong hands when it comes to hodling and waiting for the bear market to end.

There are different perspectives in terms of keeping your assets and wait for the situation to go back,

people thinks differently, and the most usually failed and make ahuge mistakes of selling out with huge losses

as they are losing faith with their decisions in taking their money to this investment venue.

Or better yet, every crypto holder has their own necessities. We can't say, someone has weak hands if he needs to sell his portfolio because of urgent financial matters. Does he need to hold his portfolio even if we say he badly needed the cash? I don't think so. So with varying needs of every holder, they will have different approach on holding their coins. But if you can hold and you have no urgency, that would be better. At least, you can think of ways how to cut losses or gain profits.
hero member
Activity: 2128
Merit: 520
May 28, 2021, 12:12:56 PM
#61
If you study the market and cryptocurrency, it is normal for it to undergo a bearish market.

You just need to understand that market is volatile and there are other cryptocurrencies which are profitable than bitcoin.

Some people are just holding until they see the market go bullish again but we don't know when that will happen.
Even if people do understand that the market enters the bear market, they will still do the same thing because not everyone has a strong hands when it comes to hodling and waiting for the bear market to end.

There are different perspectives in terms of keeping your assets and wait for the situation to go back,

people thinks differently, and the most usually failed and make ahuge mistakes of selling out with huge losses

as they are losing faith with their decisions in taking their money to this investment venue.
full member
Activity: 591
Merit: 100
WATANABE
May 28, 2021, 11:42:17 AM
#60
You don't have to make a single choice as when to buy, the best strategy is to spend small amounts and spread the trades, for instance if you buy every week for 100$ while the market is crashing you can make sure that you are not putting all your money on one go... 
This could actually be better than just putting it all in when the prices dip because you get more value out of your money as the prices continues to dip. I might try to employ this strategy in the future.

Maybe you mean about buying during a sharp decline in prices for a while and waiting for the price to return to better or exceed your desired prediction. It becomes something you believe in to see the good. Although everyone will think about the losses that are pictured in the head.
This is more about buying with slots while the market is declining, when a crash happens it does not happen in on hour but it takes time, during the this time you don't know if the price will continue to drop or it will bounce back so to avoid betting on one shot you spread your trades over the declining period....

However I do have a question, could we apply his strategy for selling too? I mean let's say the market started bouncing back, should we sell in slots? example I have 500 tokens. The value of my tokens are now +60%. Should I sell 50 tokens and wait for the market? If it increases more and I am at +120% I sell 50... If it gets +200% I sell 50.. the if it crashes I have already secured 150 tokens for an average gain of +70%. I know that most of you prefer seeing +10000% but to be honest I prefer small gains good liquidity then big risks and big losses....

It becomes your choice to generate small profits and you can share about the benefits that you will get later. Not everyone can think like that because some people prefer to wait for the coins they own to be very high without calculating the percent that will be made every time a graph drops or increases.
full member
Activity: 854
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The OGz Club
May 28, 2021, 01:56:24 AM
#59
Bear market is not that bad nor can it be avoided, I see it as a way of cleaning up the space for a healthier market, an opportunity for new investors to buy at a reasonable price, anyone in crypto should always be prepared for this period and also understand it won't last forever, bull and bear both have a time frame.

If you study the market and cryptocurrency, it is normal for it to undergo a bearish market.

You just need to understand that market is volatile and there are other cryptocurrencies which are profitable than bitcoin.

Some people are just holding until they see the market go bullish again but we don't know when that will happen.
Basically it has to be like that and at least if we don't know of course we need to learn to understand that the cryptocurrency market is unstable and understand altcoins,
It's not easy to be sure and I think it needs a deeper analysis so that at least we can predict when it will happen
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
May 28, 2021, 01:25:51 AM
#58
If you study the market and cryptocurrency, it is normal for it to undergo a bearish market.

You just need to understand that market is volatile and there are other cryptocurrencies which are profitable than bitcoin.

Some people are just holding until they see the market go bullish again but we don't know when that will happen.
Even if people do understand that the market enters the bear market, they will still do the same thing because not everyone has a strong hands when it comes to hodling and waiting for the bear market to end.
sr. member
Activity: 1120
Merit: 272
First 100% Liquid Stablecoin Backed by Gold
May 28, 2021, 01:13:31 AM
#57
Bear market is not that bad nor can it be avoided, I see it as a way of cleaning up the space for a healthier market, an opportunity for new investors to buy at a reasonable price, anyone in crypto should always be prepared for this period and also understand it won't last forever, bull and bear both have a time frame.

If you study the market and cryptocurrency, it is normal for it to undergo a bearish market.

You just need to understand that market is volatile and there are other cryptocurrencies which are profitable than bitcoin.

Some people are just holding until they see the market go bullish again but we don't know when that will happen.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
May 27, 2021, 09:55:38 PM
#56
~snip~


Whenever you have references from the Binance trading academy, it is necessary to know how to interpret and analyze to have a good understanding, many have different ways of seeing the market, in my case I have learned to interpret or see when the market is bullish, bearish , even if it is in the accumulation stage, distribution stage, as well as the re-accumulation or redistribution variants.

It is necessary to emphasize that Wyckoff's theory is very broad and has its explanation for everything, as well as shows the different market patterns that tend to be fulfilled but that at the same time tend to be very complicated if scenarios are combined.

In this case, the world is in a totally new situation, a global pandemic is being experienced, it does not happen at all, there are vaccines, it is all fundamental, in this case the price of BTC has risen a lot, some call it the trend bullish is over, others say that we are entering the bearish trend, but in my opinion we are still starting in the bullish trend.

To enter a bearish trend it is necessary to go through the Distribution stage, and I think that we have not reached there, many indicators are excellent, but for me the one that says everything is the volume, of course I think who knows how to read the volume It is able to determine what stage of the market we are in despite the fact that the chart shows multiple patterns, which sometimes repeat themselves.
legendary
Activity: 2184
Merit: 1012
May 27, 2021, 06:30:39 PM
#55
The third point could be misleading, people could interpret that as if you're recommending them to buy high sell low or is it being sarcastic?
However, people who are true investor of crypto usually thinking long term as you said, they know that what they holding is diamond which at the current moment is losing some portion of value but diamond is still a diamond regardless how the market acts towards it.
The sign of long term holder who have strong mentality are those who don't keep watching the price when in bear, that means they are believe cryptocurrency so much.
I just perfectly understand those people who only recently came to the cryptocurrency market and react quite nervously to the fall in the exchange rate price by one and a half to two times. Although on the other hand, I would not advise such people to enter the cryptocurrency market as investors at all. All markets are quite volatile, and the cryptocurrency market especially, so you need to know the recent trading history and perfectly understand the consequences of investing in bitcoin and cryptocurrencies. I think that the current cryptocurrency market should not be called bearish yet, and after the current correction, we expect a sideways trend for three to four months with short-term market departures of 25 percent both up and down
hero member
Activity: 1274
Merit: 622
May 27, 2021, 06:16:00 PM
#54
While buying NOT at the very lowest point of the bottom might result in getting less profit in the end, the profit still will be, right? Because it's a bear market, which means that sooner or later the price will recover, the only risk here - is not to be patient enough to wait for that moment. But can it be considered as "loss", if the person bought not at the lowest price, but still ended up making a good profit?

As for me, I personally wait for the moment when the price starts to go up a little at a stable rate, which's generally a good sign, that the previous point was the lowest. Yes, with this approach you won't buy the lowest, but you're also avoiding the risk of buying at the high point of the slope.
hero member
Activity: 2814
Merit: 576
May 27, 2021, 04:49:24 PM
#53
This is a good one especially at a time like this, cut across for everybody be it a newbie and already made investors. During a time like this (bear) I will just suggest we hold for those already into it and not panic sell as this might be regretted at the end of the day and those that want to buy should not hesitate because we might also experience bull anytime soon.
Bear season is definitely a perfect time to buy potential coins which you think will grow in the future. New investors are expected to come in the market and grab the opportunity to fill their bags with potential coins that have reasonable price. But this is not only a buying moment as old investors prefer to hold their investments than panic selling even if the market is experiencing a sharp decline in prices. But only strong hands have all the courage to hold because weak hands end up panic selling and eventually losses their chance to create huge profits in the future.
hero member
Activity: 1498
Merit: 711
Enjoy 500% bonus + 70 FS
May 27, 2021, 01:52:23 PM
#52
It is very essential that everyone understand the bear market first before making an act on how he can be profitable during this phenomena. Some people would instantly think about buying during the dip without even considering other people's specualtion on how long will the deep ever go. Instead of gaining after holding, those who carelessly buy during dips losses more money in the making. Even though holding bitcoin is proven to be an effective way of making profit considering how it went on last time's bull run, you should still be careful on buying specially during a bear market.
It's obvious that during bear market of cryptocurrency many always have advantages when they purchase any coin, because the rate or values of coins depreciates and with such opportunity people immensely be at positive side, because of the level of decrement that occur in cryptocurrency marketcap, so i think it's advisable to purchase a coin during this period of time, looking at this bull market can equally come up anytime and any hour which can speed up or double their income, so at this process i have no seen anything wrong if someone can invest into cryptocurrency now.
sr. member
Activity: 1050
Merit: 286
May 27, 2021, 11:05:02 AM
#51
It is very essential that everyone understand the bear market first before making an act on how he can be profitable during this phenomena. Some people would instantly think about buying during the dip without even considering other people's specualtion on how long will the deep ever go. Instead of gaining after holding, those who carelessly buy during dips losses more money in the making. Even though holding bitcoin is proven to be an effective way of making profit considering how it went on last time's bull run, you should still be careful on buying specially during a bear market.
newbie
Activity: 14
Merit: 0
May 27, 2021, 10:53:05 AM
#50
You don't have to make a single choice as when to buy, the best strategy is to spend small amounts and spread the trades, for instance if you buy every week for 100$ while the market is crashing you can make sure that you are not putting all your money on one go... 
This could actually be better than just putting it all in when the prices dip because you get more value out of your money as the prices continues to dip. I might try to employ this strategy in the future.

Maybe you mean about buying during a sharp decline in prices for a while and waiting for the price to return to better or exceed your desired prediction. It becomes something you believe in to see the good. Although everyone will think about the losses that are pictured in the head.
This is more about buying with slots while the market is declining, when a crash happens it does not happen in on hour but it takes time, during the this time you don't know if the price will continue to drop or it will bounce back so to avoid betting on one shot you spread your trades over the declining period....

However I do have a question, could we apply his strategy for selling too? I mean let's say the market started bouncing back, should we sell in slots? example I have 500 tokens. The value of my tokens are now +60%. Should I sell 50 tokens and wait for the market? If it increases more and I am at +120% I sell 50... If it gets +200% I sell 50.. the if it crashes I have already secured 150 tokens for an average gain of +70%. I know that most of you prefer seeing +10000% but to be honest I prefer small gains good liquidity then big risks and big losses....
full member
Activity: 591
Merit: 100
WATANABE
May 27, 2021, 10:36:00 AM
#49
You don't have to make a single choice as when to buy, the best strategy is to spend small amounts and spread the trades, for instance if you buy every week for 100$ while the market is crashing you can make sure that you are not putting all your money on one go... 
This could actually be better than just putting it all in when the prices dip because you get more value out of your money as the prices continues to dip. I might try to employ this strategy in the future.

Maybe you mean about buying during a sharp decline in prices for a while and waiting for the price to return to better or exceed your desired prediction. It becomes something you believe in to see the good. Although everyone will think about the losses that are pictured in the head.
member
Activity: 532
Merit: 13
May 27, 2021, 10:13:54 AM
#48
This is a good one especially at a time like this, cut across for everybody be it a newbie and already made investors. During a time like this (bear) I will just suggest we hold for those already into it and not panic sell as this might be regretted at the end of the day and those that want to buy should not hesitate because we might also experience bull anytime soon.
full member
Activity: 812
Merit: 100
www.cd3d.app
May 27, 2021, 08:18:14 AM
#47
In this season we are now, is to be strong with the condition of bitcoin price because BTC is unpredictable. Many successful  investors never stop understanding a bear market which has helped many to achieve reasonable profit from their Investment. It is better to understand that nothing last forever in exchange market either good or bad.
I don't think there's anything wrong with the market. the ups and downs of the market become very natural. our job is to read the future of the market, analyze the market for a profit. in analyzing this we need experience to deal with erratic market movements. certainly no one person can win all bets on horse racing
full member
Activity: 1358
Merit: 207
Catalog Websites
May 27, 2021, 03:30:54 AM
#46
In this season we are now, is to be strong with the condition of bitcoin price because BTC is unpredictable. Many successful  investors never stop understanding a bear market which has helped many to achieve reasonable profit from their Investment. It is better to understand that nothing last forever in exchange market either good or bad.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
May 27, 2021, 03:15:47 AM
#45
The third point could be misleading, people could interpret that as if you're recommending them to buy high sell low or is it being sarcastic?
However, people who are true investor of crypto usually thinking long term as you said, they know that what they holding is diamond which at the current moment is losing some portion of value but diamond is still a diamond regardless how the market acts towards it.
The sign of long term holder who have strong mentality are those who don't keep watching the price when in bear, that means they are believe cryptocurrency so much.
member
Activity: 868
Merit: 63
May 27, 2021, 02:39:44 AM
#44
You don't have to make a single choice as when to buy, the best strategy is to spend small amounts and spread the trades, for instance if you buy every week for 100$ while the market is crashing you can make sure that you are not putting all your money on one go... 
This could actually be better than just putting it all in when the prices dip because you get more value out of your money as the prices continues to dip. I might try to employ this strategy in the future.
full member
Activity: 1190
Merit: 117
May 26, 2021, 06:33:58 PM
#43
~snip~
Quote
With the unpredictable crypto market we have, we should always be ready and be prepared when bearish season comes because its definitely inevitable. Just simply understanding the market will make us not fall into losses.
Even how we try to figure out and understand the market, but if there are Born Manipulator , then all our effort will have no sense at all.
Because no matter what happened they will always run after making money and comes back to fool people again and again.
Welp, we can't help it if there are people like them but it doesn't always happen everyday so I guess we have to get used to it. People will eventually learn the hard way because of these manipulators but we have to strive in this market and focus on what's good for us.

And since I'm still bullish with the price I still believe it will going to break back the $50k+ soon. But if worst is going to happen and it finally break the strong support down below to $29k then I guess a bear market will going to start. So we just have to hodl if it's the bear season time or scalp your way down if you can manage to get profit during bear market.

It is impossible for us to eliminate manipulators from the crypto world, there will always be manipulators who take advantage of inexperienced
people in the crypto world for their own gain. Therefore we must be accustomed to dealing with manipulators, always learning how to analyze
the market, so we can avoid falling victim to manipulators. And there are many benefits that we get if we invest in the crypto world based on
our own research and analysis skills. We can survive even though there will be a bear market, but I am the same as you, still believe the market is
still bullish. And the price of Bitcoin will soon return to the price of $ 50k, so I am still patient with holding my Bitcoin.
sr. member
Activity: 2506
Merit: 368
May 26, 2021, 06:19:00 PM
#42
~snip~
Quote
With the unpredictable crypto market we have, we should always be ready and be prepared when bearish season comes because its definitely inevitable. Just simply understanding the market will make us not fall into losses.
Even how we try to figure out and understand the market, but if there are Born Manipulator , then all our effort will have no sense at all.
Because no matter what happened they will always run after making money and comes back to fool people again and again.
Welp, we can't help it if there are people like them but it doesn't always happen everyday so I guess we have to get used to it. People will eventually learn the hard way because of these manipulators but we have to strive in this market and focus on what's good for us.

And since I'm still bullish with the price I still believe it will going to break back the $50k+ soon. But if worst is going to happen and it finally break the strong support down below to $29k then I guess a bear market will going to start. So we just have to hodl if it's the bear season time or scalp your way down if you can manage to get profit during bear market.
full member
Activity: 1428
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Sugars.zone | DatingFi - Earn for Posting
May 25, 2021, 11:10:22 AM
#41
The bear market basically coexists with this one.  Good or bad depends on the volatility of the overall market.  It leaves us with escapes in perfect situations if we get used to it.  The bear market will reshape the value of shitcoins and we'll see what's supported.  The hunts will bring the prey to the slaughterhouse.  And the bear market knows it will.
sr. member
Activity: 2436
Merit: 455
May 25, 2021, 10:18:38 AM
#40
To identify the bear market is easy, if you a price hike and the suddenly have bearish engulfing candles continuously that is called "bear flag", that is when you go for short trade (if you're in futures) and buy the dip if you're at spot.

The next thing you'll do in the bearish market is to have the greatest perseverance because you need to it to secure the profits you could make in the long run, that's why you don't put all the eggs in one basket for you have something to spend while waiting for the bull market to come again and sell what you bought in the dip.
full member
Activity: 1708
Merit: 126
May 25, 2021, 10:09:44 AM
#39
Bear market is not that bad nor can it be avoided, I see it as a way of cleaning up the space for a healthier market, an opportunity for new investors to buy at a reasonable price, anyone in crypto should always be prepared for this period and also understand it won't last forever, bull and bear both have a time frame.

The bear market shouldn't be feared and we should also keep in mind that its part of the crypto cycle. There's always a season for everything, a time for bull and bear market and as smart investors, taking advantage of every market situation is a smart move. Instead of panicking during the bear market, we should take it as an opportunity to buy and accumulate more crypto.
hero member
Activity: 2660
Merit: 630
Vave.com - Crypto Casino
May 25, 2021, 10:08:10 AM
#38
Quote
(1)  Waiting and trying to pick a point in the dip that you believe is the bottom before investing is very risky as the point you pick might not be the bottom, perhaps just the top of the bottom. Adopting the strategy of investing specific amounts of money into your portfolio over time is advised. This ensures and helps you to avoid the temptation of putting all your money into a portfolio with no certainty.

This is the big challenge that buyers face. Many have caught a falling knife severally and are not able to say a good story about it. The waiting game takes a lot of patience and courage. It is better to have in mind that your are investing for gain or profit so that whatever the outcome later won't be regrettable. In 2018 and currently this year, many hodlers lost heavily while others gained heavily. It is more like being lucky that your time of entry is the right time.
sr. member
Activity: 1694
Merit: 299
May 25, 2021, 09:56:55 AM
#37
Timed investment or Dollar Cost Averaging is the best way to invest. You can be doing this with a small amount and without minding how much the price of the cryptocurrency is going to be really helpful. If you can be doing it and maybe go for a straight up one year, by the end of the year there is much possibility that you will be making more profit than those who just invest all at once.

And also this method of using timed investment is a good option when you don’t have enough funds to invest, you can just be investing a little amount weekly or monthly from your income and then keep holding it. That way you’re not going to be affected that much when things goes wrong. And like the op has said , long term is a good way to go, unless you’re a swing trader and the price happens to reach a price you want and you can sell it to collect your profit just like that.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
May 25, 2021, 12:51:13 AM
#36
You don't have to make a single choice as when to buy, the best strategy is to spend small amounts and spread the trades, for instance if you buy every week for 100$ while the market is crashing you can make sure that you are not putting all your money on one go... 
Yes that is what people advice, but in reality how many traders actually perform this exercise should be put to check. Buying at set points as the market crashes give you more chances to sell when it goes back up and you close that position, borrowing that term from Margin trading. Cheesy

China's statement seems to be in order with Ellon's statement, so that seems to add to the downside of the current market bearish list. many people experience fear which adds to this downturn. This kind of thing happened in 2018, and I think it will improve too. therefore, as investors in particular we have to be patient
Let not jump to theories but move with the market. Currently it has dropped from a bubble which is why the crash happened at more than 10% from ATH. Basic need now is to build up support levels over these ranges that were touched - 35k to 40k first. This never happened in the last four months - which is the reason for the situation today.

Dont be jealous at how much they may have made, rather identify your own mistakes and correct them. This is lacking in every human, we tend to brush aside the mistakes like not selling at the new highs, even in smaller amounts.
newbie
Activity: 14
Merit: 0
May 24, 2021, 04:46:40 PM
#35
You don't have to make a single choice as when to buy, the best strategy is to spend small amounts and spread the trades, for instance if you buy every week for 100$ while the market is crashing you can make sure that you are not putting all your money on one go... 
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
May 24, 2021, 04:21:56 PM
#34
Bear market is a turning point in time in the market wherein declination or correction happens on which how an individual will take the market situation matters whether he will keep going or get into panic doing cut loss just to be able to save his capital based on what he have assessed. But for those people who have already stayed in the market for that long, market can be seen as an opportunity to take advantage of the situation grabbing valuable crypto at its bottom price and hodl while waiting for it to bounce back. Bear market can be an implication to see those who are new from the oldies and those who have weak hands to those who take courage on holding and for those short term traders from the long ones.
sr. member
Activity: 2618
Merit: 439
May 24, 2021, 02:52:16 AM
#33
Bear market is not that bad nor can it be avoided, I see it as a way of cleaning up the space for a healthier market, an opportunity for new investors to buy at a reasonable price, anyone in crypto should always be prepared for this period and also understand it won't last forever, bull and bear both have a time frame.
Exactly, if we take a look at nature this is similar to what we see with a forest fire, many people get upset about this but if it happens naturally then that just meant there were many old trees that were about to die anyway, the forest fire opens space and opportunities for new trees to take their place and keep the forest alive.
Well not bad example since forest fire sometimes happened because of the abused from people and not totally by Nature.

and also because of the climate change that made by humans this happen often nowadays compared to the past.

Quote
This is the same, people hate bear markets but it is a filter, those that can survive a bear market become better investors and get the profits from the next bull market while bringing new blood to the market as well, so while I can understand why people are mad when they see a decreasing price they must also try to make an effort to appreciate the good it brings over the long term as well.
And that is also the reason why there is a Bear and Bull market , this shows the health of a Market .

there must be no continues bear nor bull but evenly.
hero member
Activity: 3010
Merit: 629
May 24, 2021, 02:26:56 AM
#32
If only we can pin point the bottom of the market then probably most of us are rich now for buying in dip. But we need to take risk, as long as you didnt buy when the price is soaring high its a good timing already to hold and wait for the time to take profit.

Ah, we're all set then, nothing to worry about  Grin However, I find it a bit hard to call 50% price reduction a correction.
Just stay positive and forget for a while your crypto, this way you can refrain yourself from wondering for how long we're going to wait before the bullish market takes place again. Its better to become bullish and ignore the negative news and fud surrounding crypto, it cant help you to think wisely on whats best decision to do right now.

full member
Activity: 826
Merit: 100
May 24, 2021, 02:08:18 AM
#31
Dude, we not in a Bear market.. we are being sabotaged by a group of Chinese with a vengeance against one of their rival Whales. Also a Chinese government with a hidden agenda, namely to sabotage all other Crypto currencies.. in favor of the "soon to be released" Yuan coin.
This was a strategic move from the Chinese government and a couple of whales to seriously damage Bitcoin's price. I hope the people who are buying those coins that was dumped by these people, will hold onto them ...to keep them out of the people's hands that wants to manipulate Bitcoin's price.  Angry Angry
Whatever the reasons for this stimulant decline in price will still be called Bearish.  The beginning of the word Bearish was used because a bear (bear), will attack using its paws with a movement from top to bottom, describing market conditions when there are many sales which make the market decline or weaken, aka bearish.  So that in recent weeks the crypto market has indeed been in a bearish situation which is quite unsettling for investors who have bought at the top of the price.  Market cap alone in 24 hours has lost 200 B USD.  This will happen long enough for those who can not stand it will definitely cutloss soon.
All questions are in the terminology, but I agree that the level of the current correction is caused to a greater extent by the actions and statements of representatives of the Chinese authorities, so it is still worth waiting for some time after the Chinese holders of bitcoin get rid of their bitcoins and then it will be possible to argue whether the market is bearish or it was just a strong collapse due to bad news. In my humble opinion, the previous increase in the exchange rate of bitcoin and other cryptocurrencies was too sharp and unstable and a correction was inevitable, which happened, and then Chinese statements were superimposed on this correction.
China's statement seems to be in order with Ellon's statement, so that seems to add to the downside of the current market bearish list. many people experience fear which adds to this downturn. This kind of thing happened in 2018, and I think it will improve too. therefore, as investors in particular we have to be patient
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
May 23, 2021, 09:13:58 PM
#30
I am very bullish even though the market is most likely to have a bearish trend but the strong support of $30k suggest that we are still bullish. This price correction is just temporary and since I'm bullish there's a high chance that Bitcoin would break another ATH within this year or maybe not but we're not gonna go down below $30k because it will trigger a bearish trend.

Bear market is just part of the system that could also help to enter the new investors and to increase Bitcoin adoption. Someone is dropping hard at the market but it's still trying to recover and that's the buyers of those who dump their investment. So, I believe bear market is  nowhere yet if we based the price of the market last year this is still bullish.
Theres is a big difference when it comes to bitcoin value with today's bearish season compared the previous one. Since there are big institutional investors that have supported bitcoin today, its value won't drop down easily to its deepest dip unlike last 2017, the bearish season has made bicoin value drop into even $3k.
But the question is , do these Institutional investors are really here to Keep the value strong and not just to help manipulators in their actions?

Like Tesla , we thought that this will empower the crypto specially bitcoin but what does happened?

Quote
With the unpredictable crypto market we have, we should always be ready and be prepared when bearish season comes because its definitely inevitable. Just simply understanding the market will make us not fall into losses.
Even how we try to figure out and understand the market, but if there are Born Manipulator , then all our effort will have no sense at all.
Because no matter what happened they will always run after making money and comes back to fool people again and again.
legendary
Activity: 2184
Merit: 1012
May 23, 2021, 06:44:58 PM
#29
Dude, we not in a Bear market.. we are being sabotaged by a group of Chinese with a vengeance against one of their rival Whales. Also a Chinese government with a hidden agenda, namely to sabotage all other Crypto currencies.. in favor of the "soon to be released" Yuan coin.
This was a strategic move from the Chinese government and a couple of whales to seriously damage Bitcoin's price. I hope the people who are buying those coins that was dumped by these people, will hold onto them ...to keep them out of the people's hands that wants to manipulate Bitcoin's price.  Angry Angry
Whatever the reasons for this stimulant decline in price will still be called Bearish.  The beginning of the word Bearish was used because a bear (bear), will attack using its paws with a movement from top to bottom, describing market conditions when there are many sales which make the market decline or weaken, aka bearish.  So that in recent weeks the crypto market has indeed been in a bearish situation which is quite unsettling for investors who have bought at the top of the price.  Market cap alone in 24 hours has lost 200 B USD.  This will happen long enough for those who can not stand it will definitely cutloss soon.
All questions are in the terminology, but I agree that the level of the current correction is caused to a greater extent by the actions and statements of representatives of the Chinese authorities, so it is still worth waiting for some time after the Chinese holders of bitcoin get rid of their bitcoins and then it will be possible to argue whether the market is bearish or it was just a strong collapse due to bad news. In my humble opinion, the previous increase in the exchange rate of bitcoin and other cryptocurrencies was too sharp and unstable and a correction was inevitable, which happened, and then Chinese statements were superimposed on this correction.
hero member
Activity: 3178
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Live with peace and enjoy life!
May 23, 2021, 06:40:21 PM
#28
I am very bullish even though the market is most likely to have a bearish trend but the strong support of $30k suggest that we are still bullish. This price correction is just temporary and since I'm bullish there's a high chance that Bitcoin would break another ATH within this year or maybe not but we're not gonna go down below $30k because it will trigger a bearish trend.

Bear market is just part of the system that could also help to enter the new investors and to increase Bitcoin adoption. Someone is dropping hard at the market but it's still trying to recover and that's the buyers of those who dump their investment. So, I believe bear market is  nowhere yet if we based the price of the market last year this is still bullish.
Theres is a big difference when it comes to bitcoin value with today's bearish season compared the previous one. Since there are big institutional investors that have supported bitcoin today, its value won't drop down easily to its deepest dip unlike last 2017, the bearish season has made bicoin value drop into even $3k.

With the unpredictable crypto market we have, we should always be ready and be prepared when bearish season comes because its definitely inevitable. Just simply understanding the market will make us not fall into losses.
member
Activity: 280
Merit: 28
May 23, 2021, 05:05:22 PM
#27
This price correction is just temporary and since I'm bullish there's a high chance that Bitcoin would break another ATH within this year

Ah, we're all set then, nothing to worry about  Grin However, I find it a bit hard to call 50% price reduction a correction.
hero member
Activity: 1498
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May 23, 2021, 04:46:10 PM
#26
Bear market is not that bad nor can it be avoided, I see it as a way of cleaning up the space for a healthier market, an opportunity for new investors to buy at a reasonable price, anyone in crypto should always be prepared for this period and also understand it won't last forever, bull and bear both have a time frame.
Actually when we said that we are into cryptocurrency bear market currently, I don't think is untrue, because Market of all the crypto is going downtrend and about 30% or 20% of cryptocurrency decrease in value within interval or period of time, which can be evaluates within the specific of 7days or 10days decrement in market values, so for we to understand a bear market currently is very simple, because the occurrence of downfall of Market took unaware and it will rise unexpectedly, and thinking about it wisely, bear market does not affect only cryptocurrency, it can affects commodities and real States business, so it's something that happens generally, and anytime it can occurs in any sector of business life.
sr. member
Activity: 2506
Merit: 368
May 23, 2021, 03:07:47 PM
#25
I am very bullish even though the market is most likely to have a bearish trend but the strong support of $30k suggest that we are still bullish. This price correction is just temporary and since I'm bullish there's a high chance that Bitcoin would break another ATH within this year or maybe not but we're not gonna go down below $30k because it will trigger a bearish trend.

Bear market is just part of the system that could also help to enter the new investors and to increase Bitcoin adoption. Someone is dropping hard at the market but it's still trying to recover and that's the buyers of those who dump their investment. So, I believe bear market is nowhere yet if we based the price of the market last year this is still bullish.
sr. member
Activity: 1456
Merit: 280
BitByte Crypto: https://link3.to/bitbytecrypto
May 23, 2021, 02:45:52 PM
#24
Bear market! We're still far from it and this type correction is nothing though those points are good for those who are panic sellers and didn't face the previous bull as well as bear market. BTW, we'll get this type of correction more in the upcoming months as instituational investors or big whales always try to manipulate this market so that  weak hodlers can left this and it becomes more mature market with diamond hand hodlers. Also one thing we shouldn't do on any case whatever it's bear or bull market and that is: "Never buy with full capital and always try to accumulate in parts to avoid major correction".  Wink
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
May 23, 2021, 02:26:43 PM
#23
Bear market is not that bad nor can it be avoided, I see it as a way of cleaning up the space for a healthier market, an opportunity for new investors to buy at a reasonable price
Sure, they're not that bad if you don't have much invested in the market (or are a short-term trader).  But if you're a long-term holder of bitcoin, stocks, gold, or whatever, bear markets can be tough.  Have you ever been through one before when you've had money tied up in assets that were going through one?  I have, and it sucks.

That said, there's certainly a bearish vibe in the crypto market at present, but I'm not entirely convinced we're in or headed for a sustained bear market, one where prices decline 20% or more over a period of months (though the drop of nearly 50% that we've seen in bitcoin as of late doesn't bode well for it).  There's a chance that this is simply a massive selloff which could be followed by a period of rapid recovery.  That's what I'm hoping for, anyway.  I'm prepared for anything since this is bitcoin we're talking about.  It's an asset that's at least as volatile as any stock traded on the NASDAQ and it could do anything in the future.
hero member
Activity: 2114
Merit: 619
May 23, 2021, 02:09:45 PM
#22
Because the market is highly unpredictable and moves with trends, different market conditions can result from different trends such as – A remark from an influential individual or a political decision that prompts a certain kind of action among other large, medium and small HODlers.

 If it is a positive market trend, it will result in a good market condition that may cause a “bull run”. If it is a negative market trend, it may cause investors to become bearish and some may quickly liquidate their crypto assets or convert to another coin for safe keep.  This action will cause a temporary or a slightly prolonged decrease in the value of a crypto and if this slump in price continues to like 10-20% from its former ATH, it is said to be a “bear market” somewhat close to what we are experiencing currently.

When there is a bear market, it is often common to hear among crypto enthusiast to “buy the dip”. Though it is a very profitable strategy or scheme to buy the dip and wait for the surge, the probability of loosing is not completely eliminated as the dip can get deeper afterwards and you run into looses even after buying the dip.

The aim and objective of this topic is to point out some strategy and key things to remember during a bear market in order to safeguard your portfolio. Some are;

(1)  Waiting and trying to pick a point in the dip that you believe is the bottom before investing is very risky as the point you pick might not be the bottom, perhaps just the top of the bottom. Adopting the strategy of investing specific amounts of money into your portfolio over time is advised. This ensures and helps you to avoid the temptation of putting all your money into a portfolio with no certainty.

(2) There is usually a lot of fear among HODlers of cryptocurrency during a bear market, it is very important that investors/HODlers during this period should think long term, because the temptation to sell will be there.

(3)  if you are too bearish and don’t have the confidence to remain in the market, simply convert all your portfolio to a stable coin or cash and wait for the market to recover before you join back in.

References
https://academy.binance.com/en/articles/what-is-a-bear-market
https://www.nerdwallet.com/article/investing/how-to-invest-during-a-bear-market

To the best of your understanding, feel free improve on this topic

Another important thing I can add here is short selling. Some people especially those who have always traded in spot. There is a magical feature of short selling available in futures trading. If you want to earn money in this bear run open your futures account but make sure you don't take any leverage. Trade on long and short just like a normal spot trade. Don't leverage at all and you'll be able to earn in this type of market too. Basically the idea is to always trade with the trend. Spots trading won't give you that features which is why most traders turn into investors during bear run but the better way out is short selling
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
May 23, 2021, 01:11:23 PM
#21
Bear market is not that bad nor can it be avoided, I see it as a way of cleaning up the space for a healthier market, an opportunity for new investors to buy at a reasonable price, anyone in crypto should always be prepared for this period and also understand it won't last forever, bull and bear both have a time frame.
Exactly, if we take a look at nature this is similar to what we see with a forest fire, many people get upset about this but if it happens naturally then that just meant there were many old trees that were about to die anyway, the forest fire opens space and opportunities for new trees to take their place and keep the forest alive.

This is the same, people hate bear markets but it is a filter, those that can survive a bear market become better investors and get the profits from the next bull market while bringing new blood to the market as well, so while I can understand why people are mad when they see a decreasing price they must also try to make an effort to appreciate the good it brings over the long term as well.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
May 23, 2021, 11:10:37 AM
#20
(3)  if you are too bearish and don’t have the confidence to remain in the market, simply convert all your portfolio to a stable coin or cash and wait for the market to recover before you join back in.
That is what most of the crypto traders including me do sometimes. When the price is falling down and keeps falling further I usually convert my crypto into stable coins and once the crash has stopped or at least minimized, I then buy the same amount of coins at a lower value. Recently when crash happened I was fortunate enough to sell my tron for $0.11 and was easily able to buy then at some $0.85 which technically means I have more coins than before although their value in dollars is less but that would be recovering in the coming bull runs.

There is usually a lot of fear among HODlers of cryptocurrency during a bear market, it is very important that investors/HODlers during this period should think long term, because the temptation to sell will be there.
That is a very common theory but when you have your saved money from years on the line, it is hard to not panic and sell them. Even robots would panic let alone humans Cheesy.
hero member
Activity: 1414
Merit: 574
May 23, 2021, 09:12:53 AM
#19
Dude, we not in a Bear market.. we are being sabotaged by a group of Chinese with a vengeance against one of their rival Whales. Also a Chinese government with a hidden agenda, namely to sabotage all other Crypto currencies.. in favor of the "soon to be released" Yuan coin.

This was a strategic move from the Chinese government and a couple of whales to seriously damage Bitcoin's price. I hope the people who are buying those coins that was dumped by these people, will hold onto them ...to keep them out of the people's hands that wants to manipulate Bitcoin's price.  Angry Angry

Whatever the reasons for this stimulant decline in price will still be called Bearish.  The beginning of the word Bearish was used because a bear (bear), will attack using its paws with a movement from top to bottom, describing market conditions when there are many sales which make the market decline or weaken, aka bearish.  So that in recent weeks the crypto market has indeed been in a bearish situation which is quite unsettling for investors who have bought at the top of the price.  Market cap alone in 24 hours has lost 200 B USD.  This will happen long enough for those who can not stand it will definitely cutloss soon.
legendary
Activity: 3248
Merit: 1402
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May 23, 2021, 06:24:34 AM
#18
Buying the dip is like the strategy for ideal conditions because it's really hard to truly predict it. However, I think it's also not necessary. If someone bought BTC at $8k in 2018, this person would be down by 50% of the end of 2018, but with enough patience could easily sell at around $56k in about 3 years from when this person bought BTC, making 7x profit. 7x is not as great as 14x, of course, but it's still very impressive and also much easier to do because the price was at around $8k for a really long time. So IMO, it's wise to wait for some time and to buy when the price is low and stable, and then tough it out when the price is even lower, patiently waiting for the new bullish market which so far always comes.
legendary
Activity: 2170
Merit: 1789
May 23, 2021, 06:02:50 AM
#17
There is still a debate whether the recent dump is an indication of a bear market or not. Lots of people believe that it is just a shakeout to wipe out retail investors and attack major players (rumoured to be Justin Sun), and in the next few months the attackers will pump the market again.

Anyway, the recent shakeout definitely hurts a lot of people, regardless of the reason. On the other hand, it provides an opportunity to enter the market, as long as you can find the best time suitable for your own risk/reward profile.
hero member
Activity: 1288
Merit: 504
May 23, 2021, 05:31:04 AM
#16
(1)  Waiting and trying to pick a point in the dip that you believe is the bottom before investing
This is one of the most important part of crypto trading because, you never can vividly predict the market and as such, buying at where your most convinced is the way to go about this. Should you be waiting on the lowest low or dip, you might be watching the charts transcend from a bear market into a bullrun. Youve got to be satisfied with a point because, there really isn't any point that is very satisfactory.  You would always loose a few bucks on the way as regards profit and all. The most important thing is that, did you gain? And yeah, you can always gain if your ready to hodl. Develope the virtue of hodling until it gets to a point where your satisfied with its profit and then you can sell with a reason on profit.
sr. member
Activity: 2422
Merit: 357
May 22, 2021, 05:34:51 PM
#15
We should also prepare ourselves for a long bear market because the bull this year was so strong so I also believe that we will go back from where we started, it could be deeper. The market bear trend is normal and part of the cycle, if you can’t handle it don’t engage yourself or if you already bought at the peak, then you’re one of those traders who became hodler, there’s still a chance for Bitcoin i just don’t know with the altcoins that you are holding.
hero member
Activity: 3024
Merit: 680
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May 22, 2021, 03:09:54 PM
#14
(2) There is usually a lot of fear among HODlers of cryptocurrency during a bear market, it is very important that investors/HODlers during this period should think long term, because the temptation to sell will be there.
I'm also a hodler but I don't fee any fear. Hodlers are really in the long term strategy, we don't care what will be the market today or tomorrow because we have goal of visioning what's in it on the next years to come.

Too bad that others don't understand what's being a hodler is. They think that it's just a few weeks or months and then if the market crashes, they'll panic sell which isn't a hodler thing to do.
jr. member
Activity: 1708
Merit: 3
May 22, 2021, 01:48:32 PM
#13
I never really understand the bear market fully upto now,it is difficult to make investment decisions or trade any altcoin unlike the bull market that one can easily made money by buying any altcoin without even making proper research on the project.Trading is also much easier than in the bear market most of us suffered the last time this happened in the market hoping history will not repeat itself this time.
legendary
Activity: 2562
Merit: 1441
May 22, 2021, 09:59:07 AM
#12
It might be fair to say markets and history are composed of patterns which repeat over time.

There are parallels which could be drawn between today's world and ancient rome more than a thousand years ago. There are parallels which can be drawn between today's markets and the 1920s to 1930s era. Even within the last 10 years there are many instances of market trends repeating.

To understand things like bear/bull markets, it helps to have a basic comprehension of history and world events. These are fundamental forces play a large role in shaping the future direction markets will trend.

The only thing which allows history to repeat itself, is enough people forgetting the last time similar circumstances unfolded.
hero member
Activity: 2912
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May 22, 2021, 07:24:29 AM
#11
The bear market should not be worried because we can leave the market for a while or still watching the price moves. We don't have to enter the market if we are afraid of losing the money, and we can calm down while we can prepare to buy the coin when the price reaches the bottom price. We don't know if this bear market happens because some groups say negative things about crypto, but it is what we see now, and we need to have patience and wait for the market can back to normal situations.

The new investors will not think about calm down instead will sell some of their assets and wait for the next downtrend time to buy back at a low price. But for the old investors will still hold their coins and wait for a good moment to buy back more at a low price. The old investors know what they need to do in bear market situations and control their emotions.
legendary
Activity: 2044
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★777Coin.com★ Fun BTC Casino!
May 22, 2021, 07:19:57 AM
#10

(1)  Waiting and trying to pick a point in the dip that you believe is the bottom before investing is very risky as the point you pick might not be the bottom, perhaps just the top of the bottom. Adopting the strategy of investing specific amounts of money into your portfolio over time is advised. This ensures and helps you to avoid the temptation of putting all your money into a portfolio with no certainty.


This is the most important point for investing in anything. If you are a high-conviction investor in an asset, the best way to purchase (especially if it is a volatile asset) is to dollar cost average over time. Regular, small investments at set intervals with the conviction to hold for the long term no matter the short term fluctuations.
hero member
Activity: 1344
Merit: 540
May 22, 2021, 06:59:45 AM
#9
Dude, we not in a Bear market.. we are being sabotaged by a group of Chinese with a vengeance against one of their rival Whales. Also a Chinese government with a hidden agenda, namely to sabotage all other Crypto currencies.. in favor of the "soon to be released" Yuan coin.
Very well said, China at it, entering the picture again to cut bitcoin's massive rise in the last 8 months or so. But what can we do, weak hands is exiting again, which is good indication that the bullish cycle is not over it, they just over react.

This was a strategic move from the Chinese government and a couple of whales to seriously damage Bitcoin's price. I hope the people who are buying those coins that was dumped by these people, will hold onto them ...to keep them out of the people's hands that wants to manipulate Bitcoin's price.  Angry Angry
Again, China have been in the game for so long that they really know when to enter and make significant damages by releasing negative news in the media. But we should look at the long term, for me this is just another test. Lots of month ahead for us to bounce back.
legendary
Activity: 3542
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Leading Crypto Sports Betting & Casino Platform
May 22, 2021, 04:04:35 AM
#8
Dude, we not in a Bear market.. we are being sabotaged by a group of Chinese with a vengeance against one of their rival Whales. Also a Chinese government with a hidden agenda, namely to sabotage all other Crypto currencies.. in favor of the "soon to be released" Yuan coin.

This was a strategic move from the Chinese government and a couple of whales to seriously damage Bitcoin's price. I hope the people who are buying those coins that was dumped by these people, will hold onto them ...to keep them out of the people's hands that wants to manipulate Bitcoin's price.  Angry Angry
legendary
Activity: 1904
Merit: 1277
May 22, 2021, 03:39:07 AM
#7
bear market

I would argue that we're not in a bear market, we're in a bull market. Context is important, and this is obtained by looking at longer term trends...

If you consider the price drops over the last week, it appears that the bear has arrived...


If we consider this against the longer-term price movements over the last year, we can see the last week as a downwards correction within a larger bullish trend.


So how do we achieve the best understanding of price movements? I would argue that the solution is to look at changes over the very long term, and with a logarithmic scale so that history is not smeared to a line. In this context, the terrifying price plunges of the last week are a mere blip.


Looking at log-scale charts is important for understanding anything that has exponential growth, for example the progression of Covid cases.
hero member
Activity: 1974
Merit: 534
May 22, 2021, 01:33:50 AM
#6
Also I would add that bear markets are very rapid. Especially in the crypto world is common to see a 10-20% drop in a single day. So if we as investors can't make sure to sell at the beginning of the bear market, it might just be better to hold our coins. As you said, it is very difficult to find the bottom of a bear market. If we are too cautious then we will likely start buying again too late, when the prices have risen again. And if we are too optimistic than we will buy while the prices are falling. To find the exact bottom seems impossible to me. The best strategy in my opinion is to just go and start buying every week a few coins, the chances to hit the bottom like that is better.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
May 22, 2021, 12:42:22 AM
#5
Bear market is a test and a type of natural selection for weeding out weak hands. They are the ones who were looking for an easy profit and did not have any motive beyond making money. They are also the ones who create panic in times of drop and FUD in times of rise.

Although institutional investors follow a similar principle, they are going to sell quickly when the trend goes down and lead to the bigger magnitude of the crash.

The Point number 3 given by the OP is a wrong decision and should never be done unless there is a personal emergency. Converting to stable coins means that when the bear market ends and the bull market starts, you will defenitely miss out on the chance of making the profit.

However it is too early to start calling it a bear market, but lets see how well the weak hands hold.
full member
Activity: 1498
Merit: 146
May 22, 2021, 12:31:38 AM
#4
Crypto investors who completed few years in their crypto investing already know what is the bearish market can do to the holders so this time the old investors will be confident about what they are doing while most people who are panicking are the new people who joined into the crypto in 2021 just after it reaches its peak will not have the confidence to HODL for another 3 or 4 years nor their capital invested is not going to be sustainable for that long.

So basically investors need to change and what capital they are investing in the crypto market, one who invested emergency savings will get hurt and one who invested their profits from other investments will be ready to HODL for years to reap their profits.
hero member
Activity: 1946
Merit: 502
May 21, 2021, 10:48:03 PM
#3
Bear market is not that bad nor can it be avoided, I see it as a way of cleaning up the space for a healthier market, an opportunity for new investors to buy at a reasonable price, anyone in crypto should always be prepared for this period and also understand it won't last forever, bull and bear both have a time frame.
sr. member
Activity: 1274
Merit: 293
May 21, 2021, 10:36:13 PM
#2
Bear markets should also be an indicator for short-term goaled traders to exit the market before the loss is too much to take and then they can buy back into the market when the prices continues to go down and by that time, they should change their goal for long-term.
legendary
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Top-tier crypto casino and sportsbook
May 21, 2021, 07:17:40 PM
#1
Because the market is highly unpredictable and moves with trends, different market conditions can result from different trends such as – A remark from an influential individual or a political decision that prompts a certain kind of action among other large, medium and small HODlers.

 If it is a positive market trend, it will result in a good market condition that may cause a “bull run”. If it is a negative market trend, it may cause investors to become bearish and some may quickly liquidate their crypto assets or convert to another coin for safe keep.  This action will cause a temporary or a slightly prolonged decrease in the value of a crypto and if this slump in price continues to like 10-20% from its former ATH, it is said to be a “bear market” somewhat close to what we are experiencing currently.

When there is a bear market, it is often common to hear among crypto enthusiast to “buy the dip”. Though it is a very profitable strategy or scheme to buy the dip and wait for the surge, the probability of loosing is not completely eliminated as the dip can get deeper afterwards and you run into looses even after buying the dip.

The aim and objective of this topic is to point out some strategy and key things to remember during a bear market in order to safeguard your portfolio. Some are;

(1)  Waiting and trying to pick a point in the dip that you believe is the bottom before investing is very risky as the point you pick might not be the bottom, perhaps just the top of the bottom. Adopting the strategy of investing specific amounts of money into your portfolio over time is advised. This ensures and helps you to avoid the temptation of putting all your money into a portfolio with no certainty.

(2) There is usually a lot of fear among HODlers of cryptocurrency during a bear market, it is very important that investors/HODlers during this period should think long term, because the temptation to sell will be there.

(3)  if you are too bearish and don’t have the confidence to remain in the market, simply convert all your portfolio to a stable coin or cash and wait for the market to recover before you join back in.

References
https://academy.binance.com/en/articles/what-is-a-bear-market
https://www.nerdwallet.com/article/investing/how-to-invest-during-a-bear-market

To the best of your understanding, feel free improve on this topic
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