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Topic: What's your next step if you experience a Great BEAR MARKET ? (Read 635 times)

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Quote from: Kelward
Bear season is the best time to buy Bitcoin, all you need to do is continuously accumulate as much as you can, because price can only go up from there, it's when DCA method is most profitable. Inasmuch as you have a source of income that takes care of your expenses, then there's nothing to worry about, because it's not advisable to sale during bear run, only to continue buying till bull run, then sale or keep hodling. So the next step if I'm experiencing a great bear run is to keep buying or pause till it's bull run, but try as much as possible not to sale.
Whenever you see bear season, show that the time to buy BTC is arrive and you will begin to see those that saved money for bear season to come will start buying from the market and hodl them in a secure wallet that will make them safe until bull season come before they can put them for sale.

 If you have only one source of income, and you depend only on your BTC investment, it will be difficult for you to hodl your BTC for long because issues can occur in the bear season that will make you to sell all your BTC to solve the issue in the bear run.

It will be a good thing to hodl your BTC till bull season occur before you can sell to make profits, and you will not regret for selling your BTC at that moment because that is the season people use to make profits to establish themselves.
sr. member
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Op I'll like to add that, if you buy $100 worth of Bitcoin which is currently 0.0015BTC, and the price start dumping, in real sense it's only the worth of the Bitcoin in dollar or any currency you compare it to that reduces the value of the Bitcoin you bought remains the same. That is, you still have 0.0015BTC in your wallet but the value has reduced. It might dump as low as -50% which means your $100 worth of Bitcoin would be $50 but  your Bitcoin figure remains the same, it's only the value that changes.

Is that someone he doesn't know? I don't think so because based on what he has written in his post, he clearly understands how it works and that the value of the Bitcoins bought drops and not the amount of Bitcoins. Even an absolute newbie would understand this thing in my opinion.

Besides, the topic wasn't about this nor was the question asked by OP. He asked about what you would do in case the market goes down and you see your investment losing value and you see no sign of any bullish movements soon. A newbie without ample knowledge about the market would probably panic in such a situation and might sell at a loss. An experienced and seasoned investor or trader would make use of the opportunity and buy more if they have the funds for that.

Dips and corrections are a reason for fear in new investors while they are considered opportunities to gain more profit by old and experienced traders.
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As a beginner, starting an investment with a smaller amount of money that he can afford to lose is the best option.
The best options will be for the big winnings and we should always stake on good odds. Don't afford to missed out golden opportunities of grabbing significant winnings in the system, it can be filled with profitable runs and we don't happen to give necessary attention to the projects that doesn't served purposes. We have beginner's luck, a beginner will always become fertile and be always doing what he or she thinks is right. Don't ever rush into investment because there's a whole lot of thing.
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Currently Bitcoin is expected to have a bull run and halving in coming time as we all know it.

Now if you were to make an investment of $100 as a beginner regardless of your country and as it stands Bitcoin is experiencing a bear market (an example) after you made 5% capital.

Initially you want to hold for a very long time but as a result of the bear market you loose your capital and half your investment yet the market is showing no sign for you to recover.
What's your next step as a first timer in Bitcoin /Altcoin trading?
I'd listen to the experience ones and you know what typically they're saying about such bear markets? It is not there to stay forever and the market will eventually get up and recover and that's why all you have to do is calm your heart and mind and it will recover soon. But if the altcoins you're holding aren't that important in the market, they're unlikely to recover so it varies with what you hold. There is no doubt and question with Bitcoin and that's why we always keep moving forward and takes the moment to accumulate more when we're in a bear market. Luckily, I've been through with it and that taught me lessons that I am bringing with me and that's why I am not to worried at all even if we get a sudden correction or we go straight to a bear this time.
Having a bear market that shows no signs of recovery is only at a newbie’s point of view. Because if you ask those who have been here for long, they will certainly answer the same thing, the bearish market is only here temporarily and soon we will see the market turns bullish after couple of months. And they’re right, the bear market is crucial so we can witness a bull run soon.

Now when ask about the best thing to do when your investments are trap in a bearish market, I’d say continue to DCA and hold your coins tight. Know that you will never lose if you won’t be tempted to sell at a lower price, so instead of panicking, make this bearish market another opportunity to accumulate more bitcoin or altcoins of your choice.
sr. member
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Currently Bitcoin is expected to have a bull run and halving in coming time as we all know it.

Now if you were to make an investment of $100 as a beginner regardless of your country and as it stands Bitcoin is experiencing a bear market (an example) after you made 5% capital.

Initially you want to hold for a very long time but as a result of the bear market you loose your capital and half your investment yet the market is showing no sign for you to recover.
What's your next step as a first timer in Bitcoin /Altcoin trading?

Op I'll like to add that, if you buy $100 worth of Bitcoin which is currently 0.0015BTC, and the price start dumping, in real sense it's only the worth of the Bitcoin in dollar or any currency you compare it to that reduces the value of the Bitcoin you bought remains the same. That is, you still have 0.0015BTC in your wallet but the value has reduced. It might dump as low as -50% which means your $100 worth of Bitcoin would be $50 but  your Bitcoin figure remains the same, it's only the value that changes.
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As a beginner, starting an investment with a smaller amount of money that he can afford to lose is the best option.
No I totally disagree with you that only for beginners is "Invest what you can afford" That only for beginners to be used "invest as much as you can afford". In fact, this is not the case. Invest what you can afford is for every person, whether he is a beginner or an expert, because everyone can lose. Bitcoin has a volatile nature and it can make everyone lose. If everyone invests all their money in Bitcoin and it gets dumped, it may become difficult for him tomorrow because he will need money and the money will have been invested in Bitcoin and he will not get anything until he eats, so it is likely that he should invest so much. As much as you can afford.
I'm sure a lot of people will disagree with me, but the only people's who will voice their disagreements are those who didn't comprehend my point clearly. The primary reason I brought up biginners is that they are the ones who have just newly interested in investing and they're lack of full knowledge about how to enter and exit the market. For this reason, I suggested that investors should exercise caution when deciding how much money to start with. It is a good idea for everyone to invest the maximum amount of money they are willing to lose.

However, individuals who possess expertise in investment do not need to address them in the same manner that we can address the biginners that start investing newly. Because they have extensive investment knowledge and expertise, they understand how to watch market strategies and avoid them losses.
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In my opinion, even if a bear market persists or deepens, I'll continue investing in Bitcoin. I've experienced the advantages firsthand and believe in its long-term potential. Bear markets offer opportunities to buy at lower prices, though there may be temporary losses. Ultimately, I remain confident in Bitcoin's resilience and growth prospects.
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Currently Bitcoin is expected to have a bull run and halving in coming time as we all know it.
The bull run is approaching, and everyone is anticipating its arrival. However, some people, including those who are not prepared, are anticipating the bull run. Many individuals are anticipating a dip in Bitcoin to prepare for a potential bull run. Those who have already invested are hoping for a strong performance before the bull run begins.
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Now if you were to make an investment of $100 as a beginner regardless of your country and as it stands Bitcoin is experiencing a bear market (an example) after you made 5% capital.
As a beginner, starting an investment with a smaller amount of money that he can afford to lose is the best option. So that even if you lose your initial investment, it won't feel as horrible. Additionally, you can also can get knowledge from bear market tactics..
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Initially you want to hold for a very long time but as a result of the bear market you loose your capital and half your investment yet the market is showing no sign for you to recover.
What's your next step as a first timer in Bitcoin /Altcoin trading?
If that should be the case, bear market tactics appear to have some effect from the moment a bitcoin is bought until it is held for an extended length of time. The next step is to continue being patient until you have made back all of the investment and amassed a sizable profit. Since it is the main focus of the bear market. Whatever happens at the end of the day, you should be patient while investing and intend to hold it for a long time.

So far I think I've gain a lot from the response you all have provided and to my understanding you just have to study both bear and bull markets before making an investment.

Thank you all for this and if I do have any question I would call on y'all.❤️❤️
legendary
Activity: 2758
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You won't have such a problem if you know what you are doing because if you just invest the money you can afford to lose, the crypto market situations won't bother you and you don't really need to worry about others panicking and selling their bitcoins even at the lower price, you just simply chill out and wait for the price to recover and make another huge comeback again just like last time. You just continue with your life activities when the price is not going well and forget the crypto market for a while because looking at it almost every day will only make you depressed and sad.

People who already experience a bear market condition avoid to commit mistakes since they don't want those feeling to get trapped so usually what experience trader to is they speculate this event will come and make sure that they are monitoring the market so if this incident will start to happen they are prepared to dump all of their crypto on their wallets so that there's no other thing that can give them stress and start again when they see some end of the dip situation they are watching for.

But for experience people who's not bother on any of this events they are still holding since what they want is to invest with bitcoin for long term. They are not focusing on current price but rather they focus to accumulate whatever the market condition it is since they believe that there are more for bitcoins in future and they don't want short time profit for this asset.
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Yes, it teaches you the absolutely right way of investing; that is, it tells you that you should not think of investing in something that can present a hurdle to your life. This is the best first rule for a newbie to get into the field of cryptocurrency. In investment, you should decide in advance that I can hold for so much time, ask Hometalab to apply his strategy under a specific order, and not sell it for as much time as you intend. Because it is called investment. In which you have to hold your assets in any way until you get the target of his aim.
 
So as a newbie I will always try to Hodl because Bitcoin is a single asset that does not lose its value even after a dip and follows a bullish pattern from a long term perspective. So I have the same opinion as the OP that only hodling can make up for your loss by hodling.

Well, the long term pattern is really obvious, but we should'nt take for granted that it will last forever (although this is not the best forum to share this unpopular opinion Tongue) and be aware that the future is uncertain and Bitcoin could lose value, maybe not in our hearts, but in the exchanges, due to market manipulation by really big actors, regulations around the world, etc.

Anyway, this is a much better approach than "gambling" all day with charts and esoteric candles, and losing not only money but also time, focus, and in extreme cases also health.
sr. member
Activity: 854
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Currently Bitcoin is expected to have a bull run and halving in coming time as we all know it.

Now if you were to make an investment of $100 as a beginner regardless of your country and as it stands Bitcoin is experiencing a bear market (an example) after you made 5% capital.

Initially you want to hold for a very long time but as a result of the bear market you loose your capital and half your investment yet the market is showing no sign for you to recover.
What's your next step as a first timer in Bitcoin /Altcoin trading?

I've always respected the golden rule (don't invest what you can't afford to lose) so, as a newbie in Bitcoin/altcoin trading, I did the same. Newbies often start playing intraday, but they should realize early that they can lose in an hour what they won in several weeks, so it is better to simply hodl and not worry.
Yes, it teaches you the absolutely right way of investing; that is, it tells you that you should not think of investing in something that can present a hurdle to your life. This is the best first rule for a newbie to get into the field of cryptocurrency. In investment, you should decide in advance that I can hold for so much time, ask Hometalab to apply his strategy under a specific order, and not sell it for as much time as you intend. Because it is called investment. In which you have to hold your assets in any way until you get the target of his aim.
 
So as a newbie I will always try to Hodl because Bitcoin is a single asset that does not lose its value even after a dip and follows a bullish pattern from a long term perspective. So I have the same opinion as the OP that only hodling can make up for your loss by hodling.

As a beginner, starting an investment with a smaller amount of money that he can afford to lose is the best option.
No I totally disagree with you that only for beginners is "Invest what you can afford" That only for beginners to be used "invest as much as you can afford". In fact, this is not the case. Invest what you can afford is for every person, whether he is a beginner or an expert, because everyone can lose. Bitcoin has a volatile nature and it can make everyone lose. If everyone invests all their money in Bitcoin and it gets dumped, it may become difficult for him tomorrow because he will need money and the money will have been invested in Bitcoin and he will not get anything until he eats, so it is likely that he should invest so much. As much as you can afford.
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You won't have such a problem if you know what you are doing because if you just invest the money you can afford to lose, the crypto market situations won't bother you and you don't really need to worry about others panicking and selling their bitcoins even at the lower price, you just simply chill out and wait for the price to recover and make another huge comeback again just like last time. You just continue with your life activities when the price is not going well and forget the crypto market for a while because looking at it almost every day will only make you depressed and sad.
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Firstly I have to agree with pooya87 that is 100% correct, so building on what he have said yiu will have to consider some certain things before investing in bitcoin and when this category of things have been well thought of you will not longer worry when things move the opposite way.

Perhaps when one wants to invest in bitcoin and/or altcoins one must first know the volatility of bitcoin hence be prepared to receive either profit or loss in the crypto space. For the situation you have at hand it's best to cut loses if only your interested in short term investment but if it's about long term investment then you could leave it there believing that bitcoin is good enough to return your profit after some time.
sr. member
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Initially you want to hold for a very long time but as a result of the bear market you loose your capital and half your investment yet the market is showing no sign for you to recover.
What's your next step as a first timer in Bitcoin /Altcoin trading?
After losing half of your investment, the only left to do is just to keep on holding, if you can sell at that moment, then you are already at lose, so it doesn’t make any sense, and you should know that when you buy a coin, the only thing that reduces is the value of the coin, but the amount of the coin which you buy still remain the same, so you just have to overlook your investment. Also sometimes market do recover when we never expect, don’t be surprised that after selling bitcoin or the coin might bounce back. I know it’s not really easy seeing your money drop as a newbie, but you should have knowledge about things like that before you start investing in bitcoin or any coin.
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Currently Bitcoin is expected to have a bull run and halving in coming time as we all know it.

Now if you were to make an investment of $100 as a beginner regardless of your country and as it stands Bitcoin is experiencing a bear market (an example) after you made 5% capital.

Initially you want to hold for a very long time but as a result of the bear market you loose your capital and half your investment yet the market is showing no sign for you to recover.
What's your next step as a first timer in Bitcoin /Altcoin trading?
A bear market will definitely occur after the bullish era. And this is sure, but only the exact time when this will happen is still a question mark. But we really need to prepare as well as possible so that we can also take advantage of all the opportunities that exist in bullish and bearish times.
Certainly, bullish er later, we have no eprofits. And use a certain percentage of profits to be saved in stable coins. So that when bearishness occurs later, we can use this amount to buy crypto again, to prepare for another long-term investment. Because once again, the choice of coin will really depend on the type of investment we have.

Personally, I would diversify the money I have. Certainly a minimum of 50% to invest in Bitcoin, at prices that are quite low during bearish times, usually the first year of bearishness. Then, use the rest to invest in altcoins, but only top altcoins. To reduce the risk, if the altcoins cannot survive on the market. Therefore, it's better to just go for top altcoins, although this also doesn't guarantee 100%.
legendary
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For me, I will leave my cryptos for the next bull run. Because besides crypto, I have been holding some stable coins that would be fine to survive till the next bull run. Rather, I would accumulate more crypto during the bull market. No point to sell at loss anyway. Whenever I sell my holding, I regret it forever and am never able to buy it back. So I will not panic; I have a hardware wallet and will leave my bags there. 
hero member
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Everyone's stayed in this market for years and seeing that there's no sign of recovery by that time means that they're not too worried at all. When you've been here, you are aware that it will eventually recover no matter what happens because that's the normal mode of this market.

An experienced investor in the market who sees no sign of recovery might hold or buy to have more without anything to worry about.

But if that kind of thing worries you, that's only mean that you're still new on this market and you don't have trust on it so you better cut that loss or don't invest at all.
sr. member
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Initially you want to hold for a very long time but as a result of the bear market you loose your capital and half your investment yet the market is showing no sign for you to recover.
What's your next step as a first timer in Bitcoin /Altcoin trading?
Drops are expected after bull season, sometimes it is even more than half of the current price. But remember, if you are buying only Bitcoin and keep holding it, you will never lose any amount. And have to tell you that investing in crypto needs some faith and trust, holding is necessary during the bear season but if you don't have these things, I'm very sure that you will think negatively and sell your coins at a losing price. That is why you should ask yourselves if you really have faith in doing this and trust the project you invested in. Otherwise, don't bother yourselves to buy and take risks because you only lose your money.
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If you invested and the market is going dip, you will have to hodl, as long as you're investing on bitcoin, but the moment you make investment on other coin that are not reliable or reputable, you begin to fear in panic on not missing out, it is therefore very important that we make the adequate and necessary research on any coin before investing and if we will make the best decision, then such have to be that bitcoin is our first investment priority and if possible the only one, then if the market dips, all you need is to hold.

If you have already invested, then I don't see why the person will decide to sell during the bear market periods. Bear markets are meant for you to invest more, and with what has happened within a short period, people have made a profit, which is the purpose of investing. because imagine that after holding it for a very long time, you don't have anything to lose and still wait till you are making a profit, and if you can not wait, you can trade. You do not have to wait for long, just holding is much safer, so anyone can decide which one they want to do. Everyone has their plan and target of investment, but we all know that the bear is for you to buy more.

do not do what you don't have the mind for and that is going for other coins you might invest and be lucky but can be risky can you take that risk if you lose the money you won't blame anyone for what has happened, the risk is risky Grin if the plans go well you can become a millionaire in Crypto so is just for you to get your plans right if you get your plans right then lucky you and if it goes wrong then liquidation will be the result.
sr. member
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If you invested and the market is going dip, you will have to hodl, as long as you're investing on bitcoin, but the moment you make investment on other coin that are not reliable or reputable, you begin to fear in panic on not missing out, it is therefore very important that we make the adequate and necessary research on any coin before investing and if we will make the best decision, then such have to be that bitcoin is our first investment priority and if possible the only one, then if the market dips, all you need is to hold.
The word "Hold" is a difficult word and no one wants to see the market go bear again because it could be very disappointing for holders that their ultimate aim is to make profits and then seeing unplanned loses coming their way.
On investor want to see loses but it might come to us if we do not plan ahead of the market. We don't need to always expect to see bull and green candles everywhere. The market is going to be bullish which we all going to make money but we should also think twice that anything can happen along.
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