Post
Topic
Board Altcoin Discussion
Re: Who Says Bear Market is BAD?
by
anjiitem
on 26/12/2019, 11:02:21 UTC
The main problem with the Bear market is the time it takes to recover your previous prices can be very long and also the loss in positions they have entered at higher prices. And also, people see it as an unfair deal; they bought a coin for its original price, and suddenly they enter the bear market where the price is reduced more than 50% well then that’s a true disaster for any investors. It may seem beneficial for those looking to buy that coin, but those who have invested in this coin before will suffer a huge loss.

Bear markets are always detrimental to old investors and good opportunities for new investors. But if old investors see the bear market as an opportunity to accumulate good altcoins, I think the bear market is not bad. Indeed, during the bear market, the value of our portfolio will go down, but I believe the market will recover and a good altcoin will reach the highest price again
For new bear market investors, it is the right time for them to start investing in cryptocurrency because the current low price will make them have a greater chance of making a profit and for old investors it is undesirable because the price of the coins they hold actually decreases but does not mean that this is detrimental because if investors have not sold their coins, it can be said that they have not gotten a loss or failure of their investment.