Post
Topic
Board Speculation
Re: The good thing about having a bad market condition!
by
South Park
on 09/04/2019, 21:30:54 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.
You are someone that is thinking about the long term prospects of the market and the profit that you can get with it but most investors are not like that they only care about the profits that they can get during the next week or two and for them a bear market is terrible because it means months or even years of no profits, then they cannot take it anymore and they leave the market which gives smart investors the opportunity to buy coins for cheap and get huge rewards when the market finally recovers.