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

Rufsilf

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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

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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.

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.

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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.

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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

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

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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.

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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

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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.

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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?

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

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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.

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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?

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.

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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.

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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?

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

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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.

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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?

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.

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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.

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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.

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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?

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

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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?

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.

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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

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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

Cryptmuster

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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.

davis196

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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?

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.

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So anyway, I applied as a merit source :)

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

It would help if you stopped shaming people as "weak hearted".

Quote

Cause it's the time to humble the riches and en-riches the strong minder holders are winners in this space

In every speculative market, it is the same and hence those who are referred as "pro-traders" are always making profits. They dont trade everyday but they trade with diligence at proper times.

Quote

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

It is their choice to invest in an asset or not. It is not your nor my job to make them invest in bitcoin. If they find it profitable, they will buy it and hold it. But dont depend on investors to raise the price, rather it is the pros and cons of bitcoin over fiat that makes it attractive to common users and that leads to gradual organic price rise.

dlightag

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During the bear market is to know the high risk taker in the cryptocurrency space, because it has given opportunity to buy difference type of Alt-coin at a cheaper rates, which many sell off, because of fear of unknown, without thinking twice on how system works, having said that, the current price of Bitcoin is good to buy, which has affected other Alt-coin to invest in, for a future prospect. Therefore without Bear market, wealth we not circulates, is good accumulate as little you can and hold for Bull Run.

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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?

The investors should see the history of bitcoin and they would know how the market behaves. Having an entry for short at the wrong term can be a suicide act as the market rewards to those who can hold for the long term.

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.

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.

Detritus

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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?

Investors are bound to know what they are actually investing their money on, they should be prepared to handle losses if encountered, Bitcoin is not just an investment to make today and expect huge returns in a month or two, instead is better not to invest if they are not planning for long term holding.

Wexnident

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You don't have to if there's no compelling reason to do so imo. People will invest if they see something in it and not if they don't see any, it's like a process that the market gets involved in naturally. Even if the market is down the dumps, there will always be people who would see enough of a reason to invest in the market and there'd be people who would naturally sell if they don't see any more purpose in staying. A cycle of numerous people doing that is basically the cycles of bull and bear markets that we experience.

Ziskinberg

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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?

There is no need to boost investors as their mindset is to continue earning profit. They are not afraid of the risk nor do they feel worried and weaken their hearts despite the losses they may experience as investors will remain an investor as long as they like. They have a strong market determination and they work hard to keep their business running.

Do we think that they were affected by the drops? It is eventually they are not, they are even happy as for them they can accumulate more Bitcoin at a cheaper price.

dimonstration

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Dimon69

Quote from: BitcoinHodler on September 03, 2022, 10:29:46 AM

it is funny when you see some people (in general, not talking about OP) insist that bitcoin can not be used as a currency because its price is too volatile and as soon as the price becomes stable (like the past 3 months) they forget what they said and start complaining about why price is not going up and call the stable price a bear market.

This how crypto jeets always think because they are buying Bitcoin for a quick gain only and nothing more. I never experienced Bitcoin is stable because it never peg its price on a certain price point but since you already brought up Bitcoin currency, Bitcoin is really hard to become a currency because it need to always tie up the value in fiat just to determine it’s price. People need to check the conversion rate first before they assign the item value or transaction amount in BTC to determine the right fiat value since it’s value has no determine price point.

pawanjain

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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?

There needs to be a strong catalyst for the rise of a bull market again. The upcoming Ethereum merge doesn't seem like a strong catalyst though.
But I hope that it at least creates a spike in the crypto marketcap. We will have to wait for a positive news that will start the next bull market.
Holding strongly is the only way we can support bitcoin price at this time.

BitcoinHodler

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it is funny when you see some people (in general, not talking about OP) insist that bitcoin can not be used as a currency because its price is too volatile and as soon as the price becomes stable (like the past 3 months) they forget what they said and start complaining about why price is not going up and call the stable price a bear market.

CryptoHeadlineNews

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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?

You can't just be expecting a continuous bull market all the time, because this is one thing all investors should always have in mind to bear the unforseen risk, which is why one of the characteristics of a good investor is patience and his/her ability to handle tough situations to make the right decision wisely in times like this. This period isn't the first time the market is experiencing such tough times of a drastic fall in the price of Bitcoin and later went back to normal after months of price fluotuation, which is actually what will still happen. So the best decision now will be to acquire as much Bitcoin as you can if you have the funds. But always remember to invest an amount you can afford to lose incase the price prediction doesn't go as planned

Leviathan.007

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Exactly just like any other market we need a bearish season for bitcoin and cryptocurrencies to have some people selling their assets and that's how the other people with stronger hands will buy more bitcoin and cryptocurrencies this deal is necessary for any market including bitcoin cryptocurrencies and that's how the price changes and reacts. Otherwise, the price of bitcoin will not be able to rise to higher prices, while weak hands will panic start panic sell stronger people will gather the cheap bitcoins on the market, that's why they get the reward for their patience.

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Will not be so bad, it just depends on how we can manage crypto investments well. Bear markets are not always so bad for traders, those who play in Futures trading will be very happy when there is a bearish moment and take advantage of the moment by going short.

People who have held bitcoins for years don't even care about a bull market as it is today, because their target has not been achieved. a bearish or very bearish market is a good opportunity to add to their crypto assets. just have to be patient and take advantage of every opportunity. Every investment will have risks, but behind this risk, there will be many benefits.

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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?

You already said it yourself "en-riches the strong minder holders are winners in this space" if they don't understand that the market has two phases and we are currently experiencing one, the Bear market but need someone to boost their mindset then they are not supposed to be in the space anyways. People keep asking all these funny questions like there was supposed to be some sort of lecture where you put everyone in a room and tell them what to do.

mk4

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Quote from: cryptoaddictchie on September 02, 2022, 10:27:31 AM

If not work out then Im sure there are believer there somewhere in the crypto space. People tend to get sxare when investing on crypto and they should be cause scam is real. But we are talking about bitcoin here decades of exposure and continuous building and development on the network.

Simply put, there's no need to have convincing. if whoever that someone needs convincing to invest in bitcoin, he/she shouldn't invest in bitcoin. Because if you understand it enough you'd invest in it yourself without other people convincing you to.

Quote from: cryptoaddictchie on September 02, 2022, 10:27:31 AM

If no one would believe that btc could be a million worth then I'll stop believing too but for sure not only me (assuming it will happen in thr future - no dates and years)

Well, that's what mostly happens in bear markets — most(obviously not all) stop believing. Does it mean that Bitcoin is dead? Obviously not.

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Quote from: cryptoaddictchie on September 02, 2022, 10:27:31 AM

If not work out then Im sure there are believer there somewhere in the crypto space. People tend to get sxare when investing on crypto and they should be cause scam is real. But we are talking about bitcoin here decades of exposure and continuous building and development on the network. If no one would believe that btc could be a million worth then I'll stop believing too but for sure not only me (assuming it will happen in thr future - no dates and years)

All crypto holders and buyers have different perspectives on how they can make a profit with Bitcoin or crypto holding is one of the best to do since we see every blockhalving the price of Bitcoin increase including altcoins. Since blockhalving is reducing the block rewards if the demand is the same the price of Bitcoin will continue to increase. However, to those who know about blockhalving more people come to buy more Bitcoin because they know the price would increase which leads to demand increase that is why the price of Bitcoin after blockhalving skyrockets.

If you know the history of Bitcoin as you can see it's a cycle and I believe it will happen again but no one knows exactly what will happen to Bitcoin in the future. It might be different however, there is still a big chance that it will happen again and reach the new ATH. The dates and years should start after block halving based on my own analysis.

electronicash

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its not just the bear market. the inflation will dry people up if it continues for another 2 years. mostly the retail invesors relying the cycle of bull runs.

if they sell the fraction of BTC they hold to put food on the table or for gas this winter, then they lose the opportunity when bear is over.

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Investing in cryptos is much easier than starting a business. For a business, you need:
- a business plan (what's it going to be? where and how?);
- initial investment;
- licensing, contracts, most likely employees;
- keeping track of your spendings and profits, hoping that after a few years you start getting to a zero balance and then profit.
For crypto investment, you need to download Electrum and write down your passphrase to a safe place, go on an exchange and purchase Bitcoin with the money you're willing to dedicate to it, withdraw Bitcoin into your Electrum wallet, hodl. Maybe you'll need to pay taxes, but that depends on a country and it's up to you. You hodl and wait for Bitcoin to reach your target price. With business, you also need to run it, so you're investing a lot of your own time into it.
I think that realizing that investing requires a way lower effort might inspire more people to do it.

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Quote from: mk4 on September 02, 2022, 10:20:24 AM

Not really something I'd suggest doing. This could be a good move assuming the people you convince will actually hold the bitcoin for years and years for multiple cycles

If not work out then Im sure there are believer there somewhere in the crypto space. People tend to get sxare when investing on crypto and they should be cause scam is real. But we are talking about bitcoin here decades of exposure and continuous building and development on the network. If no one would believe that btc could be a million worth then I'll stop believing too but for sure not only me (assuming it will happen in thr future - no dates and years)

mk4

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Quote from: cryptoaddictchie on September 02, 2022, 10:16:52 AM

Hmm make them believe that btc would be $1million each anytime in the future. Investors who loses patience on the market will only be attracted again once they saw or see a good profits odn their portfolio. Thats how an investors becomes active on his portfolio when there are gains on their sheet. Now if crypto completely proven or assured a price hike in the future these institutitions are gonna stop the fear and hold their self for a longer and stronger mind againsts fud and uncertainty rtainty of the bear market.

Not really something I'd suggest doing. This could be a good move assuming the people you convince will actually hold the bitcoin for years and years for multiple cycles; because chances are — especially those who don't know anything about investing in general, they'll mostly simply just sell at a loss.

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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?

Hmm make them believe that btc would be $1million each anytime in the future. Investors who loses patience on the market will only be attracted again once they saw or see a good profits odn their portfolio. Thats how an investors becomes active on his portfolio when there are gains on their sheet. Now if crypto completely proven or assured a price hike in the future these institutitions are gonna stop the fear and hold their self for a longer and stronger mind againsts fud and uncertainty rtainty of the bear market.

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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?

There's no need to boost anyone's mindset. Like any other asset, bitcoin too has its own bull and bear cycle. So when people aren't complaining about the bull cycle, they should keep their mouths shut during bear cycle as well. A lot of investors don't understand that bitcoin is available at a discounted cost now, so they should be buying more. But instead gets panicked during such bear cycle.

Weak hearted people should not join the bitcoin race at the first place.

Nrcewker

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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?

Every investment has risks.
If there is any investment where risk factors are not involved, then it’s basically just a scam. Bear market is just a price fluctuations, that is being made when the demand for the coin decreases. This leads to price drop of the coin and again people start buying it in cheap price for which the demand gets increased, and the price also sky rocket.
So yes Bear market is very common and a part of the Bitcoins and crypto.
According to me it is not affecting the cryptos in any aspects. Rather it’s giving opportunity to all the investors who have missed to buy the coin and are waiting for it to buy in cheaper price.

Apocollapse

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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.

348Judah

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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?

Patience, skills, and sticking to only bitcoin as an investment vy avoiding all other cryptocurrencies, because during the dip period like we are into right now, you could discover how many altcoins are massively falling and investors loosing to a great extent, but when you're equiped with the knowledge about bitcoin, you know when to buy, sell or hold, you also avoid altcoins, invest in bitcoin and engage in trading if good at it, the good side of it all is the huge reward that comes in with bullrun and when a new ATH price record is set for bitcoin.

mk4

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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.

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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?

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