Topic: Who saw the Bear market coming? - page 2. (Read 777 times)

I could understand an investor buying at a high price and then not selling if their intention is to be a long term holder, but for a trader it is simple inexcusable to not have sold their coins once there was a heavy correction, that is the kind of decision that can wreck them and derail any possibility they may have about making money in the markets, after all most traders make short term trades from which they obtain only small profits, buying at such a high price and then not selling will give them losses from which it would be impossible to recover.

At the moment bitcoin is still very difficult to break through the $40K price resistance and it looks like there will be a slight price drop in the market in the near future to seek support from the whales, I think now it's better for us to see and wait where bitcoin goes next rather than rushing into it market, it will be very risky if we enter the market without doing the right analysis because all possibilities can happen later.

nowadays generally people who fail in trading are people who like to imitate from tutors.
Why is that? because some of the creators who provide tutors to traders are also beginners in making analysis, but which is very unfortunate for traders who have been around for a long time but can still be influenced by analysis tutors who are completely useless when the market is bleeding.
they need discussion space to analyze. Bring it here!

It is becoming a nature or a nature in the Bitcoin price movement, that whenever a new price mark is achieved, there will be this price correction to retain a support zone and balance for a new price mark.
Am not much a pro in technical analysis but I'll say Bitcoin has dropped into the bear market zone, and this is one thing that could be some draw back to having new ATH, as this zone will be affecting the entire market. I don't really think this bear zone will be the one that will last for up to a year or more. This is a good time to buy the deep, with fingers crossed that it doesn't go any further or worst than the way it already is. If Bitcoin price should remain above the price mark of $30k+, that will be okay, but going below it, that will fill the market with blood and lots of coins might be dead while some becomes shitcoins.

On my opinion BTC drops into a bearish zone.
For me personally BTC have to close above the blue line before continuing bullish trend. And that’s a long way from here.
https://de.tradingview.com/x/d34Niwn4

I agree with this. Yes, stay away from Youtubers and do not seriously watch those videos before you research. By the way, the bear will come and so do the bull but if we can DYOR, we can prepare for anything that will come. So whenever you feel difficult to select, you should research furthermore to find the answer.

The down of the price does not always mean as the bear comes, but we often see that it is about a correction for the price and sometimes, the price drops deeper and makes us confused if the bear already comes or it is just a correction. We see the price get a green candle at this time, but it could get down again. So it is better to be careful and still research.

I think you should tell your friends that they need to stay away from YouTubers. And They need to do their own research before investing In any project.



10k isn't possible in my opinion. Technically bitcoin never broke its previous cycle ATH

Indeed, everyone has a different opinion whether what is happening now is a bear market or just a normal correction. That's not a problem
because our real goal is to invest in crypto to make a profit, so we must be able to take the right decisions so that we do not experience losses.
Actually, if we choose potential coins, we don't need to be afraid if the price drops, because potential coins can always recover if the price falls.
The most important thing is to just accumulate as many coins as we think are potential if the market goes down, because whales or big investors
do the same, they accumulate coins that they believe are good if the market goes down. Then don't be greedy after the market has recovered
and the coins we bought have gone up in price, so don't hesitate to sell them to make a profit. Because after the market goes up the next market
will go down, that's how the crypto cycle is, we just need to understand how crypto works.

Your friends did not know that you have more experienced than them or to those youtubers when it comes to cryptocurrency, that is why they do not follow your advices. Now you know that they are not really your true friend. No one saw that the bear was coming except from you because you have predicted it right but no its not only a mere prediction that you did but your long term experience in this field is also what makes your prediction more possible.

Anyway, can we ask a favour maybe you can also share your insights if when will the bull market will come. You can count on us that we will follow your advices.

You might not see it as a bear market because the price is still relatively high compared to the bear market from the past, but we are actually in a bearish situation at this current position.
If you noticed people are actually thinking $30k will be the bottom price of the correction, so when Bitcoin closes near that figure, It bounces back up.
If you see a lot of FUD these days, well maybe that's because huge investors wants more dip so they could accumulate more.

For those who come and think about the market in an optimistic way, it certainly can't see any negative sides of crypto but rather see it in positive things. In fact, this correction can still be predicted but we don't know when it comes, that was the reality and this makes many people unprepared and sometimes become neglected.

Well, they are actually going to exist but I don't weigh them much as the reason for the price drop. But what I could say is that the market just even to fall to its normal and this what it happens nowadays.

Because they think bitcoin can reach $100k but in reality it doesn't, so many are trapped in bearishness.

Because bitcoin is volatile it can change at any time but we are waiting for the market to recover again and try to rally but now bitcoin has started to improve if we can redeem $40k in the next month of course we can say bullish will come again but I do not determine this prediction will remain but in the end it can try to fail with FUD news.

for a trader, not selling at $60k is a regret...

I also think that $60k will not last long, the price of Bitcoin is very volatile so the price can change anytime. On the other hand, bear market is not going to last forever, we will experience bullish as well, very soon.

I did not see thus coming though i still don't see this bear market instead correction , though it is low compared to the end year price yet it is still best than this.

there are so much FUD happens recently and now the latest is the Situation about the Ukraine government and the Russian , so i think there would be more to happen sooner.

I myself also cannot predict that the market price will slowly decline before the market enters the bear market last month until now the market has not been able to get out of the red zone.
Even though the bear market didn't last long, I still kept some of my good coins which I haven't sold yet because considering the very low price, I will keep it until the market really recovers.

If your friends are not really good at predicting what comes next then try to talk to them about choosing a strategy that does not rely on predicting what the market will do, dollar cost averaging or just buying bitcoin whenever you have some fiat available should be the perfect strategy for those that cannot foresee when the bull and the bear markets will come, it is true that it is a strategy that requires patience but other than that it can be incredibly profitable as well, as long as you are constant with it.

I find it funny that people actually think we're in a bear market. Just another moderately long downturn like last May-July. In fact it looks like the drop is probably over at this point and it's starting to head back up. 2022 will be a solid year of growth for Bitcoin. Expect $100k in the second half of the year.

People who think we're in a bear market are ignoring all the data showing a bottom has been forming, ignoring all the data showing that holders have been accumulating since July so that liquid bitcoin is extremely low right now as always happens in the buildup to a bull market, and the fact that bitcoin never got close to anything that could remotely be called a blow-off top last year which it what has also led to the big long crypto winters. This is just a healthy finding of the bottom of the market as short term investors panic sell on various fears of economic doom and gloom. Luckily Bitcoin don't care about your doom and gloom and bitcoiners just keep buying the cheap Bitcoin from the short termers. We're heading for a massive supply shock as soon as the short termers start buying again.

The people who sold recently looking to buy back at $20k or $15k or $10k are going to be buying at $50k or $55k or $60k this winter/spring.

So I'd say to all the people who "saw the bear market coming", fortunately you're wrong again, just like last Spring

Are those your friends don't belong here in the forum? If your answer is yes then why don't you open the topic in relation to your acclaimed warning for them to sell. And if your is no that they don't belong here then why do you have open this topic of your warning to your friends knowing fully well that they are not here to confirm what you are saying.

Actually I read some prediction before that bear market is about to happen though they can’t tell the exact time and date but this bear is already expected as we failed many times to break the resistance level last year. We had a great bull run though and the market can’t continue such trend without having any corrections, so I see this as a normal and healthy trend. Bear market will not last longer, we will recover from this and having good coins on your wallet now is a big thing.

Nobody had ever seen what will be the incoming and that is why we come to speculate the market which most of the time we get wrong (over speculated). Well, perhaps we do and never find it regretting as we are aware of the situation that it was purely unpredictable.

However, as we go through the market history, we can also predict that the market will dump somehow after Bullrun and we anticipate at least but sad to see that many (newcomers) had failed to make it but instead, they buy during the hypes and now they are suffering losses.