BTC holders are no strangers to bear markets, right? We've seen them last a few years, and they usually mean a drop in Bitcoin's price for a short to medium time. It's that time when fear kicks in and we really need to think clearly. If a bear market is on the way, we gotta deal with it smartly... no freak-outs!
Navigating through a bear market
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A bear market after a bull market is just the normal cycle. But with the current developments were seeing, especially institutional investors aggressively buying into Bitcoin and most likely holding long term. I dont think the next bear will be as bad as the ones weve seen in past years.
Right now Bitcoin is still stable at around $115k, so I dont see signs of a new bull market just yet.
Honestly though, I believe the bulls will continue. This year well probably see more bullish trends that will encourage people to invest. And with some countries already considering Bitcoin as part of their reserves, that will only give investors even more confidence.
Yeah its easy to say to ride the storm but when you are in the middle of a bear market or at the bottom of the bear market its difficult to be optimistic.
I remember 2015 when bitcoin went nowhere, it seemed like everyone was packing up and forgetting about bitcoin.
In 2018 after that huge dump due to the Bitcoin SV scare, and when we hit $3000 it looked like we would head into the 3 digit terrority because there was just so much selling.
In 2022 after FTX went bust. There was so many failed companies and banks which were revealed and you had no idea if every exchange was solvent or not.
So its easy in hindsight to say, dont sell at the bottom or dont buy your position but its very difficult to see the light at the end of the tunnel during these scary bear markets.
viper_blockSenior Member
Posts: 205 · Reputation: 1216
#4Nov 9, 2023, 04:06 PM
Panic will make you difficult to think about how to act in a certain situation. You will not see the benefit of the situation for you because you may only think about saving your money. But if you can calm down, you can think clearly and decide following to the current situation.
The bull and bear markets will always come so we must anticipate the panic that may happen. If we see the bear come, we should be ready to use the moment to buy more Bitcoin because the price is at a low price.
Calming down will be better so we can see the benefit of the situation for us. We can take the right decision without having difficulty.
For those that have experienced the bear market quite a number of times, they are getting use to it better and know how to handle a bear market not to make them fall victim of FOMO, uncertainty and loss of funds. The bear market is an integral part of the market that if you dont buy more bitcoin to your holdings, it shouldnt prompt you to want to sell the ones youre already holding. Bear market is inevitable, so it is better you get use to it and always flow with the trend of it for the period it lasts.
Bear and Bullish seasons are both phases of the market that cannot be diverted, it is compulsory to experience both. Older investors with bear season experience won't see the season as storm rather full of opportunities to buy more at a lower price.
There is a logical way for holders not being driven by the storm, instead of only holding what is gathered in portfolio, acquiring more portions whenever the price dips or simply arrange a strategy to keep investing, accumulating during the bear season helps build tolerance knowing whenever the bullish seasons begins there will be share of greater profits.
silentchainHero Member
Posts: 473 · Reputation: 2317
#7Nov 13, 2023, 03:46 AM
It is unhealthy to panic over the dip during a market season and the vice the price has been showing recently. And taking decisions out of a short term plan could be wrongly act for investors. Those are acts of traders not investors. Experience investors with good investment approaches that understands volatilities is a custom of the bitcoin market while long term holding will always earn it best profitably are quite buying on the regular dip without panicking and patient holding owes you resilience in the uncertainty but definitely going to be a time behind the future. So if you have been investing with your spare funds and you are either not needed the funds for immediate use, then it is or no essence to panic. After dump comes the pump and after bear is the bull. so what is the need to panic like every price falls is ideally unrecoverable?
sigma_kingMember
Posts: 16 · Reputation: 97
#8Nov 13, 2023, 09:01 AM
That's true. Price corrections or dips are normal in the volatile crypto market, and actualy such drops should be seen as an opportunity to add to your portfolio. Experienced investors won't panic and sell all their assets, they have seen countless times that a bullish season will eventually arrive. All that's needed is patience, and that is the key to making a profit.
You may predict or do a variety of speculations about the bear market or bull market, but you need to understand situations like this there is nothing different as before, I also hope Bitcoin and the Krypto Market in the future will be more Jaya.
So in situations like this there is no more panic from us to see the bear market and for me personally remain on the usual path.
hodler_gweiFull Member
Posts: 82 · Reputation: 479
#10Nov 13, 2023, 10:45 AM
Bearish and bullish conditions are characteristics of Bitcoin that we will experience throughout its journey. We must study them thoroughly to achieve our goals. It's clear that experienced investors can easily navigate both and will take advantage of any corrections or declines to buy and build their portfolios, as bearish conditions provide an opportunity for them to accumulate holdings and wait for the best bullish momentum to generate substantial profits when they reach their desired targets.
However, bearish conditions pose a threat to inexperienced beginners, because when a bearish situation occurs, they will inevitably panic. And if they remain strong, never give up, and strive to learn and understand what is happening, they will become experienced and profitable, just as experienced investors all started as beginners.
After the bull market, of course, the price of Bitcoin will naturally correct, this is nothing to be afraid of, but I think it is a dip in the Bitcoin market for a short time. But there is nothing to panic about here, but weak hands may panic, but I will tell them that never panic by holding Bitcoin. Because at present, many large companies and individuals are holding Bitcoin, and they will hold Bitcoin for a long time, so there is no reason for the market to fall into the past.
All the signs that we see in the Bitcoin holding of treasury companies are completely positive for Bitcoin, so the current Bitcoin price deficit is definitely a big opportunity to buy Bitcoin. However, this time, Bitcoin should be bought more aggressively.
AtomicMaxiFull Member
Posts: 59 · Reputation: 262
#12Nov 16, 2023, 09:17 AM
When you believe in Bitcoin's future, there will certainly be no panic even if you see your asset's value declining. Panic is only for those who have not prepared their investment funds for the long term. This also includes those who do not fully understand how the Bitcoin market works.
Those who have experienced a bear market in the past should have the experience and make plans based on their experiences.
There has been soundings all right that the future cycles will not be as pronounced,
possibly the lines between both Bull and Bear cycles will become a little more blurred.
Institutional investment will certainly help the Bull market I would imagine. This could
also apply to the historical Bitcoin 4 year cycle which centres around the halving event.
As almost everyone has posted above and the general thought of experienced Bitcoiners,
panic is your enemy and a long term outlook is a more relaxed space to live in.
If you are a trader particularly starting out - the transition from Bull to Bear market can
be a very sore move if you are caught on the wrong side of it, but in the long term
buying in the Bull market and HODL'ing through the Bear market still yields profits.
Certainly the bear time is not a season for weak hands. In fact, it is the weak hands that cause further down movement of the price because they panic and sell at every down move. They are always steady checking their hodling and comparing with what price they bought to know the difference. This is attributed to why the price kept falling since two weeks and that is also what happens when price enters uptrend. So it is nothing new for OGs.
It is for the experienced hodlers to understand what decision they have taken in the past to hedge on their fallen hodling. Usually, I take the decision to convert to stable coin while the price keeps falling and I think it is a good decision, so that you can acquire more coin by the time you convert back to btc during bull.
calmfalconSenior Member
Posts: 181 · Reputation: 966
#15Nov 16, 2023, 11:39 AM
To be fair, bear market is probably the best time to make some money and yet some people never understand it completely.
The reality is that if you really want to, all you have to do is buy some during that period and if you can do that then you are going to make some money.
Most people do not buy, and not only sell, but wait until it recovers. That's such a bad move, never understood why they would do that. The biggest purchase I had in the last 4 years or so, came in 2022, when it was bear market, and it was under 30k.
I bought it at around 26k which it did drop even further down, but I still bought it at a much lower than right now, I made more than x4 return in 3 years, how many investments make you x4 return in 3 years?
Don't panic is for those who understand the crypto market, the bear and and its bull run. For those who don't know about the crypto market, it's hard for them to watch how their investment depreciates over time without knowing what to do next, either to sell at a loss or keep hodling for how long for them to recover their money.
Not everyone, should I say, has the mind to stay put without panicking over the Bitcoin price. Those who panic over it, you don't blame them for that, is that they can't control their emotions when they are losing money.
Yeah its easy to say dont panic when Bitcoin pullback 10-20% or so.
However not many of you were in a true bear market when bitcoin lost 80% value. And its not only losing 80% value, its all the negative news along with it. Back in 2015, it was China cracking down on Bitcoin and the MtGox bankruptcy and later the Bitfinex hack.
In 2018, it was the Bitcoin SV saga and how people assumed that Satoshi would dump all his real BTC for BSV. And later in 2022 it was the FTX scandal and you had no idea which exchange was liquid and which wasn't. Even USDC didnt seem safe then after the bank where they kept their money, went under.
The Bitcoin market is unlikely to be a complex one. Don't be surprised if you think Bitcoin will fall below $100k. This is a great opportunity for bearish investors to start a new period. This is a great opportunity for new investors to start a new period of Bitcoin. Don't wait for a bear market. Smart investors buy Bitcoin at every price point and hold it for the long term.
I believe that majority of bitcoin investors already understand that the bear market is a time of temptation of giving up on your bitcoin investment. Unlike the past bear market that the government and social medias were spreading the FUD of bitcoin that it will crash leading more people into panicking and sell their bitcoin at loss. I don't think that the government will be part of the FUD this time, because they have been praising bitcoin of late. This is why one must prioritize long term investment.
First, the bear market isn't there yet. It is speculated that usually September month is bearish for the crypto market, so one should not panic sell if they see some negative movements in the next month. The prices will recover soon and they will go parabolic during the last three months of this bull season.
However, I have experienced the previous bear season and I know that it is not easy to survive that 1 or 2 years of bear market and if you are holding some coins, seeing your portfolio go down every day. You need a big heart not to panic sell and hold your coins throughout that time.
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