Why do you think bear market is affecting Bitcoin (Crypto currencies) so badly - page 2.

noormcs5

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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?

Crypto investment is not like any other business because the gains and losses, both are insane in crypto. You won't find any other assets which may dump to -90% and then will recover over 500% or even more. You need to have a strong heart if you are investing in any financial market but you need an even stronger heart if you want to invest in crypto markets.

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Quote from: Iranus on September 12, 2022, 03:54:42 AM

There's no doubt that the bear market is not harmful for bitcoin or the whole crypto industry, in fact it makes cryptocurrencies stronger in the long run. This has been proven, when the bear market comes, weak projects will be eliminated, only projects that really create real value can survive, helping the market become cleaner. The bear market is also a place to help purge weak investors from the market, who just want to get rich quickly and then disappear. They need to know that cryptocurrency is like all other markets, in order to make money, to be successful, they also need to put in their time and give their best to get the rewards. There is no such thing as a free lunch here.

That is right, it gets rid of the people who do not know how the system works and they end up with losing their coins which will in return end up with a bit of a problem for them but something better for us. Think about it this way, if people who would sell from the first bad news ended up leaving, then who would be left to sell when we are going even stronger?

I bet that the price of bitcoin will go towards 60k+ levels again and break ATH price and keep going, to somewhere beyond 100k. If I believe that, then isn't it better to get rid of people who would sell when we reach those prices? Of course it is better because it makes going higher easier without them. This is why these bear markets are great times to accumulate more bitcoin.

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Quote from: romero121 on September 11, 2022, 05:38:02 PM

Bear market is not affecting the growth of cryptocurrencies. According to me the bear market makes the cryptomarket stronger with time. Because people will get to know about the real value of it, than just relying over it as an investment that grows continuously. This also lets everyone to be prepared to experience the worst, so that the market movement won't disappoint the users.

There's no doubt that the bear market is not harmful for bitcoin or the whole crypto industry, in fact it makes cryptocurrencies stronger in the long run. This has been proven, when the bear market comes, weak projects will be eliminated, only projects that really create real value can survive, helping the market become cleaner. The bear market is also a place to help purge weak investors from the market, who just want to get rich quickly and then disappear. They need to know that cryptocurrency is like all other markets, in order to make money, to be successful, they also need to put in their time and give their best to get the rewards. There is no such thing as a free lunch here.

SirLancelot

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What kind of question is this? Of course, they will be affected because this is how crypto works. A bear market is when the price of the cryptos are dumping pretty badly but this shouldn't be worrisome since the bear market is not a permanent condition because here in cryptos we have two phenomena's here that must be followed in a cycle. One is already given and that is the bear while the second one is the bull run.

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?

Not all investments are as risky as cryptos so it's okay to invest on them even if you are a weak person. A true/strong investor never gets discouraged but for those who did, then thinking about the positive things can surely help them get on track again.

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Quote from: romero121 on September 11, 2022, 05:38:02 PM

Bear market is not affecting the growth of cryptocurrencies. According to me the bear market makes the cryptomarket stronger with time. Because people will get to know about the real value of it, than just relying over it as an investment that grows continuously. This also lets everyone to be prepared to experience the worst, so that the market movement won't disappoint the users.

This is how it should be in theory but from practice we see for example from miners which are a big quantity of users that use cryptocurrencies and they should know this better than anyone else yet we see that they most likely sell their equipment during the bear market.This means that many people new or old users get impacted by the price of Bitcoin and the crypto bear market makes everyone a pessimist and thus almost everyone is disappointed.

Only few people realize it like you have explained and this is not good for the crypto eco system,we need much more of these people who get it correctly.

Mauser

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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?

The bear market we are seeing this year is all about emotions in my opinion. Investors are scarred about falling prices in the crypto and stock market at the same time. The main trades this year have been selling risky assets and switch into secure bonds than should be offering better returns with the rising interest rates. The problem that many investors are not seeing that making a few percent return with Bonds is not going to cover the high inflation rates. It's just a matter of time for investors to realise they need to go back into more risky assets for additional returns. The best thing we can do as crypto investors is to remain calm and not give into the selling pressure. The more people HODL the less coins are available for sell at the exchange and the less can the price drop when people run for the door. It's also helpful to remind investors that crypto prices like stocks move in cycles and it's just a matter of time for them to recover.

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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.

Some investors just rely to think thinking however that BTC is a get rich quick. Even the S&P somehow stops rising.
If they are not a trader, they should look for opportunities to still make money while there is a bear market like the dividend stocks or a brick and mortar business.

the wrong view that bitcoin is a get-rich-quick way that should be avoided, given so many incidents like this, they do not understand the bitcoin market. for those who are smart, of course, when the market is bullish they have prepared funds to make purchases when the bear season comes, so they will get more bitcoins at a cheaper price. but many are not confident to buy when the bearish season comes for fear that the price will come back down

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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.

Some investors just rely to think thinking however that BTC is a get rich quick. Even the S&P somehow stops rising.
If they are not a trader, they should look for opportunities to still make money while there is a bear market like the dividend stocks or a brick and mortar business.

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Technically we haven't had a bear market ever since June (and I'm being generous). What you have seen in the bitcoin market has been a third type of trend that is neither bull nor bear. It is more like accumulation phase where price goes sideways meaning it drops to $20k then it rises back up to $25k and repeats it many times until it breaks either price and enters a bull or bear market.

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?

Those who think twice about buying bitcoin just because of some volatility should not buy bitcoin at all because they never understood what bitcoin truly is. Otherwise those who understand Bitcoin, the decentralization, the only hedge against inflation, ... and most importantly have looked at the historical charts don't panic with each bump on the road or the FUD in the meida.

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Bear market is not affecting the growth of cryptocurrencies. According to me the bear market makes the cryptomarket stronger with time. Because people will get to know about the real value of it, than just relying over it as an investment that grows continuously. This also lets everyone to be prepared to experience the worst, so that the market movement won't disappoint the users.

lucates

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Quote from: Apocollapse on September 02, 2022, 08:54:26 AM

Promise them Bitcoin will reach $100K at the end of the year? Nah, if you're only talk about price to encourage them to buy Bitcoin, what I can say is you're nothing different with the rest CEO who ask anyone to invest their money on their scam project.

The main thing to boost Bitcoin adoption is from the government, when the government allow their citizen to buy and hold Bitcoin, anyone who already interested with Bitcoin wouldn't scared anymore if previously the government ban Bitcoin.

We can't promise blindly that bitcoin will reach 100k at the end of the year.Currently we're in a very decisive moment and crypto traders believe bitcoin could either start to be breaking bullish from here on soon. In some way, the government can influence the crypto market.

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Quote from: qwertyup23 on September 04, 2022, 12:00:52 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?

Nothing- the price of BTCs are cold-hearted facts that people must understand. Convincing someone to invest into anything without them fully committing is just throwing money into something that they are unsure of.

The best way to deal with this bear market is by basing its price on its price history index. The fact that the price of BTC had grown tenfold over the last years means that its potential to double or triple again its value may soon happen. Given that the halving may happen this 2024-2025, this is a great opportunity for people to purchase and HODL their BTCs.

Bitcoin is moving at its own pace rather people didn't know about Bitcoin. now they have better idea about Bitcoin and its activities. Once a time people invested in Bitcoin without understanding it but now they have much better knowledge than before. Not many people had the opportunity to purchase Bitcoin when the price of Bitcoin was at its peak. When Bitcoin is down in a bearish market, it can be seen as nothing but it is an opportunity. So at this time if you look at Bitcoin positively you will get the maximum benefit.

qwertyup23

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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?

Nothing- the price of BTCs are cold-hearted facts that people must understand. Convincing someone to invest into anything without them fully committing is just throwing money into something that they are unsure of.

The best way to deal with this bear market is by basing its price on its price history index. The fact that the price of BTC had grown tenfold over the last years means that its potential to double or triple again its value may soon happen. Given that the halving may happen this 2024-2025, this is a great opportunity for people to purchase and HODL their BTCs.

Bitstar_coin

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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?

Despite what btc has accomplished over the past 10 years many investors still don't get it and fail to see the bigger picture in the long-term period. If btc can grow from scents to thousands of dollars I don't why people still panic sell anytime there is a drop in the price.
Bear market affects btc because some investors won't stop selling their coins cheap, it is sad but that is how it is.

The Cryptovator

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Bear marketing affects only panic sellers, and they deserve it. Panic sellers are behind most Bitcoin dumps. You can say the bear market isn't affecting Bitcoin, it's 1:1 Bitcoin always. Price dump in fiat or USD. If you are a holder and have patience then the price shouldn't affect you. Because you aren't gonna sell in this bear market. Remember, Bitcoin makes new history after every big bear. So you have to be patience till then to get benefits from there. Think about the future, not today.

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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?

Many people are afraid to invest now because we are currently at bear cycle. They don't know it is normal in the crypto market and if you are really an investor that wants to invest in crypto for long term then you should know that this is the right time to do it.

Once this cycle ends and countries starts to recover from the economic crisis, the crypto market will also recover. Once many people sees its recovery then it will bring back their confidence that will trigger again a new market cycle.

n0ne

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This is quite the normal thing happening with the market. This is not the market for people who want their investments to grow steady and it should not encounter any decline. Some say that the market have begun to coexist with the traditional system, and that's the reason why we're experiencing similar pattern of market movements between the cryptomarket and traditional market. For now the market is on its cyclic process and for the growth we need to have patience.

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Quote from: Cryptmuster on September 04, 2022, 03:06:51 AM

Quote from: noormcs5 on September 03, 2022, 06:45:58 PM

There are people who invest in bitcoin first time and for them, it is a surprise to see that bitcoin can go down to 70-80% from the all time high. A little bit of counseling might help them as it is not easy to see the portfolio down by 80% with calm.

Of course, there are those who buy bitcoin for the first time, but it is not correct to say that such a big drop turned out to be a surprise for them. Because if an investor chooses an asset for investment, then he must study its history, its growth and fall in the past, look at all the cycles. And in this case, the person will already be ready for a possible fall (I'm not saying that this must necessarily happen, but the investor will be ready for this). A fall is not always pleasant, but it is also an opportunity to buy at the best price.

Well, it was going to say that not all are sad about what is happening now. Business outside crypto could be something terrible and profiting low. Might be just the same as in investing crypto as it won't give us a profit instantly, especially during this bear season. Some people had considered this an opportunity but some had also thought negatively and worried about the incoming making them not invest and let the opportunity pass on.
The situation never affects the cryptocurrency at all but it only affects us mentally.

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Quote from: davis196 on September 04, 2022, 01:18:04 AM

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?

First, I think that you should improve your English.
Second, the majority of the BTC investors are just ordinary people, who bought a small amount of BTC with a part of their small savings.
It's OK for them to panic and sell, when the market gets stuck in a bear trend or the price drops fast. You can't have winners on the market without having losers. If everyone was winning nobody would be losing and the profits would be close to zero.
I don't think that anything will "boost the mindset" of such investors. If they don't believe in the future of BTC, just let them leave the market.
I'm still positive that a Bitcoin bull market will come somewhere around 2024.

in a game there must be winners and losers, if everyone wins and no one loses, the game becomes meaningless
those who can't stand a little hardship, a little challenge, they don't deserve to be the recipient of the right reward
i think there is no need to encourage or advise anyone because if they continue to lose they will blame us
not just cryptocurrency but any business, if you want to be successful you have to endure things that others can't

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Quote from: noormcs5 on September 03, 2022, 06:45:58 PM

There are people who invest in bitcoin first time and for them, it is a surprise to see that bitcoin can go down to 70-80% from the all time high. A little bit of counseling might help them as it is not easy to see the portfolio down by 80% with calm.

Of course, there are those who buy bitcoin for the first time, but it is not correct to say that such a big drop turned out to be a surprise for them. Because if an investor chooses an asset for investment, then he must study its history, its growth and fall in the past, look at all the cycles. And in this case, the person will already be ready for a possible fall (I'm not saying that this must necessarily happen, but the investor will be ready for this). A fall is not always pleasant, but it is also an opportunity to buy at the best price.

Topic: Why do you think bear market is affecting Bitcoin (Crypto currencies) so badly - page 2. (Read 710 times)