Post
Topic
Board Altcoin Discussion
Re: Who Says Bear Market is BAD?
by
mobilestrike
on 26/12/2019, 17:54:21 UTC
yes the bear market is not too bad because we can buy top coins at cheap prices at the bear market. but for people who buy coins at high prices, the bear market is bad for them. therefore I always suggest to always do research seriously before investing in cryptocurrency and we also have to look at the state of the crypto market. when the bear market like this is the wisest decision in my opinion is to hold on and wait.

For new investors, it is indeed profitable because they can buy good coins at low prices, but for old investors, they suffer a substantial loss. The advantage of a declining market for old investors is that they can accumulate coins or tokens, so the average price of their investment is low
Yes that advantages are there with the bear market but the bad disadvantage is that many people are discouraged in the crypto market many old investors when see longer bear market they sell some of their coins. The new investors afraid to enter in the market as they are not sure that the market will again rise. Many people for the needs of their family sell some coins and which put bad effect on the market.