Quote from: richardsNY on July 13, 2018, 08:28:09 PM

Quote from: rainezerr on July 13, 2018, 08:15:07 PM

You can always wait for the market price to grow and just stay calm in order to avoid losing your coins, that is the reason there are successful traders in the market.

The main difference is that the successful traders have enough patience to wait for the market to recover because they have enough funds aside to sustain themselves in their private lives. Most people here tend to invest more than they should, or some times even go all in, which is almost a guaranteed way to panic sell on the way down. If you have all your money parked in crypto and it keeps tanking hard, which it has been this year, there is no way to avoid panic selling. People see their hard earned money vaporize on a daily basis, selling is for them an escape from this torture -- torture that they have only themselves to blame for....

The advantage of bear market is to achieve more valuable Bitcoins on low price so this availability on low price is better for us which benefits us. We can get a lot of Bitcoins in the current market because it is easy to afford on this low price which will result with more potential in future market. Bear market is encouraging us to buy more and this will shift the bear into a bull market if we do so.