WHY ITS SO POSITIVE THIS BEARMARKET. - page 5.

Jody.Drummer

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Quote from: Furious 7 on June 26, 2022, 12:12:32 PM

Quote from: wxa7115 on June 25, 2022, 02:28:30 PM

The truth is that everyone is in bitcoin for the benefits, now a great deal of people only care about the economic benefits they can get, as they can see the price of bitcoin is cheap now and they understand the potential its has to go up in the future.

Indirectly, your profits are also part of the benefits and indeed this is something you are looking for. As for saying the potential will increase in the future, it is indeed something that must be believed but sometimes for now many are still doubting the result of a lack of research and knowledge that makes a lot of people, especially beginners, are not sure and think this is something wrong that makes this getting complicated. but if they had learned something like this beforehand this wouldn't have happened.

People will tend to like it because what Bitcoin has to offer is very broad and provides the value of financial freedom that they have been looking for that have never been found in investing or trading other assets. This is a fact that the future of finance has begun to be understood by society in general, and of course the increase in adoption has also made crypto trading and investment a familiar tool.

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Quote from: wxa7115 on June 25, 2022, 02:28:30 PM

Quote from: Furious 7 on June 25, 2022, 02:13:29 PM

You find an important point here Cheesy

it's quite interesting when we talk about bitcoin because it doesn't mean we like it but it's much deeper is that we really like the benefits it provides. many people who persist does not mean they really like it but still believe in the benefits that will be given later so that indeed many are still on this path. It would be a completely different story if they didn't have the advantage there.

The truth is that everyone is in bitcoin for the benefits, now a great deal of people only care about the economic benefits they can get, as they can see the price of bitcoin is cheap now and they understand the potential its has to go up in the future.

Indirectly, your profits are also part of the benefits and indeed this is something you are looking for. As for saying the potential will increase in the future, it is indeed something that must be believed but sometimes for now many are still doubting the result of a lack of research and knowledge that makes a lot of people, especially beginners, are not sure and think this is something wrong that makes this getting complicated. but if they had learned something like this beforehand this wouldn't have happened.

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Quote from: so98nn on June 25, 2022, 08:12:12 AM

That’s indeed needed, the cleaning of garbage is always needed time to time but the problem with crypto ecosystem is, the more you clean it the more it becomes messy here. There are huge collection of shitcoins and more and more keeps coming everyday.

You can’t clean it but you can ignore it all the time. Just to keep it less messy I’m always opting out for bitcoin, ether, and bunch of mineable coins. You know that Short and simple strategy.

There might be a lot of shitcoins that has been taken out during the bear market however there are good coins that has been affected along the way. Also, you can never clean out shitcoins since alot of people have been creating them easily and there are someone who are willing to invest on it due to the quick profit it provide to early investors. So whether the market is bullish or bearish, there will always be a market for shitcoins out there.

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Quote from: Furious 7 on June 25, 2022, 02:13:29 PM

Quote from: lionheart78 on June 25, 2022, 07:13:31 AM

The only thing that keeps me positive about this bear market is the ongoing discounted sales of Bitcoin. Nothing more nothing less. It would be idiotic that we are here because we love Bitcoin, no it is not the love for Bitcoin but for the love of profit. The market cannot be cleansed of those things stated on OP, because they are part of the market economy. they will keep on appearing no matter how hard the bear market tries to cleanse them.

You find an important point here Cheesy

it's quite interesting when we talk about bitcoin because it doesn't mean we like it but it's much deeper is that we really like the benefits it provides. many people who persist does not mean they really like it but still believe in the benefits that will be given later so that indeed many are still on this path. It would be a completely different story if they didn't have the advantage there.

The truth is that everyone is in bitcoin for the benefits, now a great deal of people only care about the economic benefits they can get, as they can see the price of bitcoin is cheap now and they understand the potential its has to go up in the future.

However there are many other which are invested in bitcoin for the other benefits they can get, like improved privacy, avoiding banks and governments, being part of something which will change the way the world works and a long list of benefits that bitcoin offers other than the most obvious one, which are the economic benefits.

STT

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Price up or down doesn't represent negative or positive like we think it does anyway. Its maybe easier to say for houses rather then BTC but a lower price can open that market upto a larger number of users, there is higher utility at the lower price and so that asset becomes better established. Growth of society matters, an overall economy not one commodity or priced asset. The most important thing is BTC continues to be used and useful to as many people on this planet as possible, your own self interest in a profit this year is a distant target that is really only of incidental importance.

People criticize capitalism often, it can brutal for sure but a product only really continues if its of use to society; otherwise it is discarded and diminished, taken over and used as parts for a greater objective. The market matters, the people who play within it really come second and we have to be grateful for BTC resilience even with a lower price it is still a positive trend but more patience is required, price isnt everything.

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Quote from: lionheart78 on June 25, 2022, 07:13:31 AM

The only thing that keeps me positive about this bear market is the ongoing discounted sales of Bitcoin. Nothing more nothing less. It would be idiotic that we are here because we love Bitcoin, no it is not the love for Bitcoin but for the love of profit. The market cannot be cleansed of those things stated on OP, because they are part of the market economy. they will keep on appearing no matter how hard the bear market tries to cleanse them.

You find an important point here Cheesy

it's quite interesting when we talk about bitcoin because it doesn't mean we like it but it's much deeper is that we really like the benefits it provides. many people who persist does not mean they really like it but still believe in the benefits that will be given later so that indeed many are still on this path. It would be a completely different story if they didn't have the advantage there.

Jody.Drummer

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Quote from: darxiaomi on June 23, 2022, 12:10:28 PM

1- We need to clean of the market all the shitcoins. We cant have a market with thousands of coins and tokens and the mayoriti of them only go up because the market its bullish. That its clearly not healthy.

The first point really needs to be done so that market movements look much healthier than manipulation as long as influential people try to backfire. Bitcoin with a bear market has started to recover cleaner, healthier and moving naturally. That is what the future growth of Bitcoin is trying to achieve. although not completely in a stable price environment and recovery vigilance should remain.

Therefore, invest where you are not influenced by outside factors, because the money you have is completely controlled by awareness not greed.

WeedGoW

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Everyone has a different take on the market, I guess. To some, it was the worse possible thing that could be happened but to some, it was the new opportunity to accumulate the crypto they want. Maybe you don't have too many stakes in crypto or this bearish seem like a fart that eventually goes away.

so98nn

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That’s indeed needed, the cleaning of garbage is always needed time to time but the problem with crypto ecosystem is, the more you clean it the more it becomes messy here. There are huge collection of shitcoins and more and more keeps coming everyday.

You can’t clean it but you can ignore it all the time. Just to keep it less messy I’m always opting out for bitcoin, ether, and bunch of mineable coins. You know that Short and simple strategy.

shogun47

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Quote from: darxiaomi on June 23, 2022, 12:10:28 PM

WHY ITS SO POSITIVE THIS BEARMARKET.

The bear market, and especially the crypto winter stage, is an investment paradise and a hell for speculator traders and short-term investors. Those who are experienced in the crypto world always know that the best time to buy is when everything is at an absolute bottom, as it was, for example, in February 2019 or March-April 2020. Those who invested in such periods for the medium or long term received tens or hundreds of x (if we are talking about altcoins).

And of course, if you are an altcoin investor, then crypto winter is just as good an indicator of what will grow in the future, and what will die forever without recovering. I hope this crypto winter cleans up a bunch of crap in NFTs, Metaverse, DeFi, meme tokens, etc.

In any case, for those who want to start getting familiar with crypto investments, now is a very good time to start.

I think it is more about being able to analyze the general tendency of the market sentiment. Because let's be honest, who would have thought that we go to 50k when we hit 60k, and who would have thought that we hit 40k when we hit 50k. If you get the sentiment right you can use your funds wisely and average down until we really hit the bottom, which I think might now be the case give or take. I guess most people over-invest when Bitcoin takes a 20% hit. It drops from 70k to 55k and then they think this is the moment where I go all in again. That is how you get rekt and to be honest I made that experience myself early on. Wink

I definitely agree that it is once more time again to really get some projects wiped out that aren't even worth being listed on CMC. But what can you do right? Everyone can launch a BEP20 token these days and at least get it listed on CMC at some point. There is a positive and a negative side to the fact that crypto is so inclusive, but at times, as you said, a clean up is really necessary!

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The only thing that keeps me positive about this bear market is the ongoing discounted sales of Bitcoin. Nothing more nothing less. It would be idiotic that we are here because we love Bitcoin, no it is not the love for Bitcoin but for the love of profit. The market cannot be cleansed of those things stated on OP, because they are part of the market economy. they will keep on appearing no matter how hard the bear market tries to cleanse them.

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Quote from: Findingnemo on June 24, 2022, 04:17:14 PM

Simply the bull market is going to be the next which summarize everything right?

Bear market is really a pain for the people and an opportunity for the people who have funds and can be risked to reap profits in the next couple of years.

I guess it will depend on each person because if they can sell the asset at the right time, they will have more funds and can use them to buy other potential coins.
But if they don't sell their coins during the bull market and don't have the funds to buy when the bear market comes, they will surely regret it.
That is why we must really be able to take advantage of the time we have, know what to do, and adapt to the existing situations and conditions.
In today's time, we have a good time buying potential coins but be careful that not all are good.

lovesmayfamilis

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Everything in the world always repeats itself, sooner or later. Those who followed Elon, shouting about his every step, will behave in the same way if they have another leader. This is the psychology of the crowd. Read Freud. But there are always units that go their own way. The OP is probably an individualist; he does not cry when he falls and is calm about growth. Experience is important here, which is sincerely lacking for those who are in a hurry to buy, copying the actions of others, and are also seized by greed. And then he complains about the fall, not fully understanding that sooner or later, his losses, if he is patient, will turn into profit again. Do not fuss, but it is better to calculate each of your financial steps more deeply.

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Quote from: Johnyz on June 24, 2022, 04:29:37 PM

Not all are happy with bear market since many are still losing money and this is the normal scenario in cryptomarket, not everyone can be a winner here. Bull market will still happen, its just a matter of time so if you have extra and still believe in cryptocurrency, you can start buying now even on a small amount of money, at least you still able to buy at a cheaper price and just hold it. Hopefully, bear market will start to slowdown so we can now start the recovery, but for sure it will take time before we reach the peak again.

The losing money part is depend on the holder itself whether he's weak hands or strong hands, if he's weak hands then he already sold his coins and you're correct he's lose his money. While the strong hands still hold until now even he bought at the higher price, but he's not lose as long as he not sell his coins since this can be said as unrealized loss. Most of people buy Bitcoin is using all of his money, not afford to lose money. This is why they're panic and no have any money left to buy the dip.

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Quote from: AmoreJaz on June 24, 2022, 06:10:54 PM

Quote from: jossiel on June 24, 2022, 05:52:30 PM

It's always like this during the bear market, there's the popular term of "shaking the weaklings" and this isn't just for the investors but also for the projects.

Projects that have became popular during the bull run is likely can no longer be the same as good it was before. And if the bull run comes again, there will be another trend, new sets of investors that have just looked upon to the success stories shared to them without really knowing if the market they're taking is bearable, tolerable or not.

sometimes this kind of season is good, so the crappy projects will be gone for good. because if the motive of the dev team is just to pocket money, we will see how their plans go. usually, they won't move forward but just to give empty talks or promises. but if the project is sincere and really wants to implement their goals, you will see that even if it is bearish period, they are working. so yeah, better for these crap projects to abandon their platform so they won't be screwing more people in the long run.

Actually, it's a good season.

The negativity or the positivity of the season and situation will base on how you foreseeing things. If this bear market is such a good opportunity for you to have more, it's positive.

But if your outlook is that it's actually a negative season then so be it but you have the idea that this won't be forever.

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No matter what, its good to see you find the bear market to be positive for the industry.
Most of the time people see it positive when they make money out of it. If they didn't sell the last time the market did the bull run, they may still regret not selling.
But in general bear market always makes the whales happy since they are the ones going to benefit more after they buy the bottom with the profit they made.

Just to make everyone feel the same way as positive as you are, Bear Market always means another ATH when the market is bullish again.

Darker45

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Of course, there's always a silver lining. One of the most common positive comments that I hear during bear markets is that people would once again focus on the technology. When the price is always in green, people would only look at Bitcoin in terms of its fiat value. The influx of new Bitcoin supporters may be huge but they are usually only after the price growth. They don't really mind the features that made Bitcoin what it is. So a bear market such as this happening every now and then is also greatly appreciated.

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Quote from: jossiel on June 24, 2022, 05:52:30 PM

It's always like this during the bear market, there's the popular term of "shaking the weaklings" and this isn't just for the investors but also for the projects.

Projects that have became popular during the bull run is likely can no longer be the same as good it was before. And if the bull run comes again, there will be another trend, new sets of investors that have just looked upon to the success stories shared to them without really knowing if the market they're taking is bearable, tolerable or not.

sometimes this kind of season is good, so the crappy projects will be gone for good. because if the motive of the dev team is just to pocket money, we will see how their plans go. usually, they won't move forward but just to give empty talks or promises. but if the project is sincere and really wants to implement their goals, you will see that even if it is bearish period, they are working. so yeah, better for these crap projects to abandon their platform so they won't be screwing more people in the long run.

jossiel

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It's always like this during the bear market, there's the popular term of "shaking the weaklings" and this isn't just for the investors but also for the projects.

Projects that have became popular during the bull run is likely can no longer be the same as good it was before. And if the bull run comes again, there will be another trend, new sets of investors that have just looked upon to the success stories shared to them without really knowing if the market they're taking is bearable, tolerable or not.

Johnyz

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Quote from: Findingnemo on June 24, 2022, 04:17:14 PM

Simply the bull market is going to be the next which summarize everything right?

Bear market is really a pain for the people and an opportunity for the people who have funds and can be risked to reap profits in the next couple of years.

Not all are happy with bear market since many are still losing money and this is the normal scenario in cryptomarket, not everyone can be a winner here. Bull market will still happen, its just a matter of time so if you have extra and still believe in cryptocurrency, you can start buying now even on a small amount of money, at least you still able to buy at a cheaper price and just hold it. Hopefully, bear market will start to slowdown so we can now start the recovery, but for sure it will take time before we reach the peak again.

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