Post
Topic
Board Speculation
Re: Is Bitcoin Bear Market over?
by
justdimin
on 10/01/2024, 17:19:17 UTC
If the market price decreases, it is clear that working morale will decrease, but this will not always be the same as market conditions, for example in 2016 the market economic conditions and also the price of bitcoin at that time actually fell dramatically, so that more or less the experts There are already more people not to dive into the world of bitcoin again, because the effects are no longer profitable for experts in terms of results.
In fact, it would be very wrong if someone left a market like the crypto market when there was a decline in prices or when he no longer made more profits. Because you can also see how consistently successful they are in taking advantage of market conditions in all conditions, where they remain faithful in buying when there is a decline and taking profits when there is an increase like now. Because no one will make a profit if they don't dare to buy when prices drop, so don't ever lower your enthusiasm for making a profit when market conditions are sluggish.
I think that would be the most terrible mistake that they could ever make, bitcoin is a place to make money and we should consider that as the most important part, I am not saying that it's going to make a lot of money or lose a lot of money but that's the ideal situation that you need to consider.

I personally believe that the best thing we could do in this regard would be just making sure that we are dealing with something amazing, and that should not be impossible to handle. I believe that the best thing we have in our hands when the price drops would be making sure that we are buying more, if we can do that then we are going to end up with something that should benefit us and we could make it work one way or another.