Quote from: Rengga Jati on September 21, 2022, 10:16:18 PM

Quote from: BuNga_cute on September 20, 2022, 10:17:52 PM

In a market situation that can be said to be bad, where many project prices have dropped due to a prolonged bear market. It is quite stressful
for people to finally decide to sell the crypto they have and they think the crypto will not recover.

This condition is actually not the first time this has happened, in fact, this is a cycle that does happen again and again. So for people who have known and been here for a long time, this may be normal and it will become an era for accumulating Bitcoin or promising altcoins. But for those who are not so long, they will tend to drop, stress, and eventually blame crypto. They feel very panicked because the amount of asset value to their fiat is very low and eventually sells at a low price. This is why it is important to understand what you are going to invest in before investing. Because if we sell our assets when the price drops drastically, it means we really lose our money. But if we want to hold the asset, as long as it is a valuable asset and has strong fundamentals and utilities, then hold it.
But don't let us invest in shit projects. So this poses a greater risk.

That's why for newbies, don't rush to invest in crypto before learning the crypto world properly. In order to at least understand how the crypto
world works and not have to stress about a bear market situation where almost all cryptocurrencies are experiencing a decline. Moreover,
as you said, the current bear market condition is not the first time this has happened, it has happened several times before, and the crypto market
can always recover again. This means that we just need to be patient holding the coins we have until the market recovers and the bull market comes.

The problem is that not all projects are worth holding on to in the long term, here we must have good analytical skills, to be able to choose
which projects are worth holding on to in the long term. What is certain is that collecting Bitcoin and holding Bitcoin in the long term is
definitely profitable, so if we are newbies and confused about which projects are good to buy in a bear market situation, it's better to just focus
on collecting Bitcoin.