Ninjastic
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Post
Topic
Board Altcoin Discussion
Re: Is the crypto hype over?
by
Henrobakkara
on 07/08/2021, 06:25:45 UTC
Quote from: tokoorochan on August 06, 2021, 11:32:25 PM
Quote from: TelolettOm on August 06, 2021, 11:26:24 PM
It can be  Grin
Commonly, crypto is hype enough when itis:
- Bullish era with significant increasing price in short time
- Get hype from popular people or public figures in the world
- Good news spreads around the world

And this what makes us sometimes feel bad to see many newcomers only get hype and then invest their money in the hype, finally some are losing their money.
bearish trend also could be hype for us to buy some cheap coins especially major coins. many investors only concern in bullish marke and they buying in this periode. But imagine if they did it in bearish market and accumulate some coins and  hold it for long time , huge profits will come to them later.
You are right and it is because most investors have lost the direction to investment. As you said, some investors only see the uptrend as the only market and forget that for you to really make profits out of your investment, you have to buy low to sell high and the only way you can do that is during the bear market. So there was also a lot of hype during the bear market for some that understood that, that was the time to buy and accumulate.