Why do you think bear market is affecting Bitcoin (Crypto currencies) so badly

Rufsilf

sr. member

Activity: 1778

Merit: 309

Quote from: Finestream on September 19, 2022, 06:09:00 PM

Quote from: mk4 on September 02, 2022, 08:15:17 AM

Nothing? If they cant handle huge and prolonged drawdowns then they shouldn't be investing in bitcoin/crypto/stocks. It's really not my job to convince them.

As much as they’ve seen how bitcoin price drops drastically, then they should also learn to anticipate that bitcoin might reach another all time high when bullish market takes over the bearish market. That way, they will always remain positive on the bitcoin price, regardless how volatile it is. Otherwise, they should not be in crypto in the first place.

Well, the thing is that those people who think it won't and in every drop will appear in their mind that was the end of crypto - these people are those who can't afford to invest and might don't have any money. They're just making an assumption but never have tried, as it was too different when we are actually doing this.

We can't really convince these people for they are close-minded, everything they saw in crypto is always negative.

Issa56

hero member

Activity: 1484

Merit: 928

Quote from: cabron on September 12, 2022, 12:23:27 AM

You just have to remind them why they invest in the first place. Remind them that BTC has limited supply, that if they sell their BTC they also lose the opportunity.

I think the only set of of people that need reminder are the newbies, as a professional am sure you should know the current bear market is normal, we can't just continue to see the bull run without the bear market, any professional that is scared of the current situation or that's disappointed should just leave crypto space, I don't think their is anything that can motivate you.

Quote from: cabron on September 12, 2022, 12:23:27 AM

Some investors just rely to think thinking however that BTC is a get rich quick.

I think this apply to only new investors, Bitcoin is not a get rich quick scheme, most newbies get discouraged whenever they invest in bitcoin and they see their money reducing on a daily basis, most of them endup falling for some tricks by scammers which will ask them to invest and they should be expecting double of their money in few days or hours.
I believe every year their is always a time when bitcoin is always down, so I think people that have stayed long in crypto space should understand that the current market condition is normal and is just temporary, with time everything will definitely bounce back and everyone will smile again.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: nurilham on September 18, 2022, 06:22:12 PM

People who have no good concern/gratitude, are just people who don't have confidence in their Bitcoin assets. I assume they have lack knowledge about Bitcoin, and don't realize the potential of Bitcoin future. While for experienced investors, must thank to bearish market because they have a chance to buy as many as Bitcoin at a cheap price. Without bearish market, investors can't get a chance to buy Bitcoin at a very cheap price.

They can buy at cheap prices but will not be able to sell at high prices is the bull market does not that. That becomes the point of interest here, since these investors are only looking for quick gains and not simple gains like us.

Bitcoin's potential is to become an alternative mode of payment and it has reached that but some one will always complain about something new they expect but not find here. Just market prices which affect bitcoin's reputation cannot be corrected easily.

I am sure those who understand these things will invest in bitcoin without a doubt.

Finestream

hero member

Activity: 3052

Merit: 606

Quote from: mk4 on September 02, 2022, 08:15:17 AM

Nothing? If they cant handle huge and prolonged drawdowns then they shouldn't be investing in bitcoin/crypto/stocks. It's really not my job to convince them.

As much as they’ve seen how bitcoin price drops drastically, then they should also learn to anticipate that bitcoin might reach another all time high when bullish market takes over the bearish market. That way, they will always remain positive on the bitcoin price, regardless how volatile it is. Otherwise, they should not be in crypto in the first place.

Imran232

full member

Activity: 700

Merit: 182

Quote from: Amedon4dpeople on September 02, 2022, 08:08:47 AM

<..............>

Well, I believed that Bitcoin's down actually had an impact badly on the bitcoin market. Well, why? For this topic, I have the explanation in a different sector. We all know how much bitcoin is a headache for governments, banks, and even stock market lovers. And we can all guess why. So, in their opinion, they have a point to shame bitcoin to newcomers to the bitcoin sector to invest in or those who have only heard about bitcoin that it is a financial asset. But when the bear market starts, those who have believed in bitcoin don't care who comes and invests, they get panic and they now have a point to say bitcoin is not safe. And those people who are actually against bitcoin now are trying to understand that we will only lose our money here. And I think this is the actual negative effect that happens when the bear market starts. That was actually my thought. Your thought might be different. Thank you.

8rch7

sr. member

Activity: 1344

Merit: 459

In recent years we have seen a bear market several times after the massive parabolic rise, the price then fell by more than 80%, this was the case in 2014 and 2018, after the massive rise that occurred in the previous year, we don't have to think about the market bears for now, but we have to predict that 2022 will still be a bearish year, but we don't need to be afraid because we can also see big profits for bitcoin in 2023, I really salute the Exodus company, even in the midst of a bear market but they keep paying their employees with btc.

Techkoy407

member

Activity: 84

Merit: 12

the name is also investment, it's natural that there are times when there is a decline, so if we want to start investing, especially in bitcoin, the first thing is to look at the risks, learn the knowledge, and don't start right away without sufficient knowledge, because if you understand the risks of investing, you will not be surprised when the market declines and lastly if you invest, do not occasionally use hot money or funds, use cold money, meaning not borrowed money and money for daily necessities, so when we invest our minds will calmer because the money used is cold money or there is no need to use the money, because if we use hot money, if the market experiences a decline, we will panic, for example, money is money for our daily needs, so that's my advice.

TelolettOm

hero member

Activity: 2086

Merit: 553

Leading Crypto Sports Betting & Casino Platform

Quote from: Amedon4dpeople on September 02, 2022, 08:08:47 AM

In my own opinion crypto investment just like any other business is not a mare for weaken Hearted follow
Cause it's the time to humble the riches and en-riches the strong minder holders are winners in this space
What do you think will help to help boost the mindset of investors again after all the ordeal?

Yes, this is indeed the business world. It's not just a matter of how much money you have to get involved in this business. But also how mental you are, and your readiness both scientifically and mentally to invest in cryptocurrencies. because we must understand that crypto is not a means to get rich suddenly. There is a lot to learn, and rest assured that crypto is also very risky. Therefore, we must learn to have the ability to minimize risk and maximize ourselves in order to get profits. Although it is not easy, many people have actually gotten it, quite a lot.
What is clear is, that the results of investing in crypto will depend on each individual, seen from mental readiness, financial management, knowledge, and also accuracy in making decisions.
And the problem is actually not only during this bearish market, but also in the all season.

nurilham

sr. member

Activity: 1484

Merit: 447

Quote from: ?? on ??

The bearish market of Bitcoin affect the holders of Bitcoin so any investor does not show a very good concern or gratitude when bitcoin is experiencing bearish market so that is one thing I can say that about Bitcoin because nobody like to invest and they get lost US military bitcoin is falling while holding all the investors is at least by losing their phones

People who have no good concern/gratitude, are just people who don't have confidence in their Bitcoin assets. I assume they have lack knowledge about Bitcoin, and don't realize the potential of Bitcoin future. While for experienced investors, must thank to bearish market because they have a chance to buy as many as Bitcoin at a cheap price. Without bearish market, investors can't get a chance to buy Bitcoin at a very cheap price.

Oceat

sr. member

Activity: 2506

Merit: 368

Quote from: Amedon4dpeople on September 02, 2022, 08:08:47 AM

What do you think will help to help boost the mindset of investors again after all the ordeal?

We can't do anything to those investors because just like how the market pump and dump they have their own time to buy and sell too. And since they were like whales, we can't do anything if they want to pump the market. We, small traders are just like small fish riding with the flow that they set in the market.

If investors are buying then there's a surge of market price that's why most of traders and small investors starting to FOMO once the market started pumping and the same will happen too if they were selling then most investors and traders will be dumping.

All of the decision making will just depend on someone at the end e.g. accumulating/buying, hodling, or selling.

justdimin

hero member

Activity: 3220

Merit: 678

www.Crypto.Games: Multiple coins, multiple games

Quote from: pieppiep on September 16, 2022, 01:00:36 AM

Crypto investing is indeed just like investing in any other business. But investing in crypto can be done by almost anyone who wants to profit in the future or, say, a few years later because we can start investing in crypto with a small amount of money. That's why people can start investing in crypto, especially those who don't have much money to invest. But unfortunately, not everyone has the mindset of an investor who thinks that by investing, they can earn a hefty return in the future.

Many are still afraid to invest in crypto because of a scam or something else. But it will all depend on how they can get the right coins to invest. And if they just chose bitcoin, I think it would be the right decision.

People see it as go all in right now and wait for it to go up type of investment and not like 401k type of retirement fund. I rarely ever hear someone who puts up a certain amount of their salary into bitcoin every month, and plan on doing that until they retire.

I keep saying that if you put 10% of your salary into bitcoin for the next 20 years, and just keep doing that without ever selling, by the time you retire you are going to be able to say you are a wealthy person and could do whatever you want and your children will have an amazing future because you will leave them a wealth. But obviously most people want to get rich right now and that is the only thing they see in bitcoin.

KaliLinux

hero member

Activity: 1344

Merit: 565

Quote from: Amedon4dpeople on September 02, 2022, 08:08:47 AM

In my own opinion crypto investment just like any other business is not a mare for weaken Hearted follow
Cause it's the time to humble the riches and en-riches the strong minder holders are winners in this space
What do you think will help to help boost the mindset of investors again after all the ordeal?

This has been the normal market trend for those that have been in the market for a while and have taken note that the market is basically 3 phases but the Bull and Bear season is more talked about. If any investor does not know this and is looking for any other information to boost their mindset, then they still have something to learn about the market.

pieppiep

hero member

Activity: 1596

Merit: 502

Crypto investing is indeed just like investing in any other business. But investing in crypto can be done by almost anyone who wants to profit in the future or, say, a few years later because we can start investing in crypto with a small amount of money. That's why people can start investing in crypto, especially those who don't have much money to invest. But unfortunately, not everyone has the mindset of an investor who thinks that by investing, they can earn a hefty return in the future.

Many are still afraid to invest in crypto because of a scam or something else. But it will all depend on how they can get the right coins to invest. And if they just chose bitcoin, I think it would be the right decision.

Rockstarguy

hero member

Activity: 1050

Merit: 592

God is great

Quote from: Amedon4dpeople on September 02, 2022, 08:08:47 AM

What do you think will help to help boost the mindset of investors again after all the ordeal?

I think understanding bitcoin will boost the mindset of investors.
I don't think someone who understands bitcoin that it is a currency that is not stable and come across bitcoin dip will panic to his/bitcoin because of bear market. Whosoever understand bitcoin and well prepared for it will never feel panic when bitcoin is in the bear market.
Cryto market is unpredictable, so sometimes the level at which it goes dip some people don't expect or prepare for it because they never had understanding for it. People should get good understanding before investing bitcoin, that can only be what boost the mindset.

laurenB7742

full member

Activity: 1302

Merit: 129

Vaccinized.. immunity level is full.

Quote from: Issa56 on September 15, 2022, 05:19:37 PM

Quote from: Amedon4dpeople on September 02, 2022, 08:08:47 AM

In my own opinion crypto investment just like any other business is not a mare for weaken Hearted follow
Cause it's the time to humble the riches and en-riches the strong minder holders are winners in this space
What do you think will help to help boost the mindset of investors again after all the ordeal?

I don't think investors need anything or anybody to boost their mindset, If you can't trust bitcoin then I think you should just sell your bitcon and be looking at what will happen in the future, because bitcoin is down now those not mean you should lose interest in bitcoin, we have seen lots of downfall and people that believe in bitcoin always buy whenever their is dump, if you are not strong enough to buy and hold bitcoin during bear market then you should just forget about bitcoin, we don't expect bitcoin to be pumping always without dump so the dump is a normal thing to me so I see no reason why anybody will be disappointed in bitcoin.

That's right, we don't have to boost or advise anyone to come back, everyone has an investment mindset and once they no longer believe in bitcoin don't force them. Bad things will happen if they don't understand bitcoin well or don't really believe in bitcoin but only invest according to our advice, when things don't go as planned they will blame all of us.

Bitcoin is not an investment that always brings profit for everyone, it only rewards those who deserve it, people who believe in it and are always ready to buy when it drops. Those who cannot endure should not expect to receive rewards.

Poker Player

legendary

Activity: 1372

Merit: 2017

Quote from: LFC_Bitcoin on September 15, 2022, 01:40:13 PM

These are perfect times for increasing your bitcoin stash.

This. Where many see drama, others like us see opportunity. Guess who will be better off in 4 years.

carlfebz2

hero member

Activity: 2926

Merit: 722

DGbet.fun - Crypto Sportsbook

Quote from: Amedon4dpeople on September 02, 2022, 08:08:47 AM

In my own opinion crypto investment just like any other business is not a mare for weaken Hearted follow
Cause it's the time to humble the riches and en-riches the strong minder holders are winners in this space
What do you think will help to help boost the mindset of investors again after all the ordeal?

When we do speak about investment decisions then it would really vary on someones goals or target because each one of us does have its own views and knowledge on particular things.

Specially if we do deal up on a very speculative market like crypto then it would be just common sense or just normal that you would need to think wisely on every decisions you would be making.

This bear market could neither be the result of some economic situations or events happening around or it doesnt really correlate at all.Its hard to guess.imho.

Issa56

hero member

Activity: 1484

Merit: 928

Quote from: Amedon4dpeople on September 02, 2022, 08:08:47 AM

In my own opinion crypto investment just like any other business is not a mare for weaken Hearted follow
Cause it's the time to humble the riches and en-riches the strong minder holders are winners in this space
What do you think will help to help boost the mindset of investors again after all the ordeal?

I don't think investors need anything or anybody to boost their mindset, If you can't trust bitcoin then I think you should just sell your bitcon and be looking at what will happen in the future, because bitcoin is down now those not mean you should lose interest in bitcoin, we have seen lots of downfall and people that believe in bitcoin always buy whenever their is dump, if you are not strong enough to buy and hold bitcoin during bear market then you should just forget about bitcoin, we don't expect bitcoin to be pumping always without dump so the dump is a normal thing to me so I see no reason why anybody will be disappointed in bitcoin.

LFC_Bitcoin

legendary

Activity: 3556

Merit: 9709

#1 VIP Crypto Casino

It’s no different to any other cycle we’ve had. We are in a bear market, it is what it is. Just try to make the best out of every circumstance you’re faced with. These are perfect times for increasing your bitcoin stash.

budi691

sr. member

Activity: 1274

Merit: 259

bear market is very common and is part of Bitcoin and crypto, So while people are not complaining about bull cycles, they should also keep their mouth shut during bear cycles.
but no one knows exactly what will happen to Bitcoin in the future. It might be different however, there is still a high chance it will happen again and reach a new ATH.

Topic: Why do you think bear market is affecting Bitcoin (Crypto currencies) so badly (Read 721 times)