Post
Topic
Board Speculation
Re: The good thing about having a bad market condition!
by
FIFA worldcup
on 07/04/2019, 18:27:47 UTC
The good thing about the bearish market condition is that you can buy more bitcoins. Thus, some investors did it and even made some FUDS to fully let bitcoin go down for more before they invested. Clearly this is what they want to buy more bitcoins. Now, many are worried and uncertain that bitcoin could not recover. However seeing the current condition make one to get encourage to invest again while bitcoin is cheaper.

So my point is that having a bearish market condition is not really bad at all. It means that you can buy more bitcoin and earn in the next bull run.

Not many people believe on this theory of buying cheap in bear market. I have seen people who do not buy when bitcoin is near 3500$ and think it will not rise. Now that bitcoin is above 5000$, they are asking if they can buy bitcoins now. This mentality of the people need to be changed. They need to buy when others are selling.