Why buy Cryptocurrency in a bear market?

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(Edited)

Introduction: The greatest risk of losng all your investment, and the greatest potential to win big gains live at the same place on the price chart; near the bottom.

  • I have been involved in buying cryptocurrency for over 8 years, and I think two things are always true:
    **The greatest gains are earned by buying at or near the bear bottom, when sentiment and faith are at their lowest.
    **The greatest risk is buying at the bear market bottom, because their are no guarantees that the token or project will recover. no matter how promising a token project seems at the beginning, it can die, price go to near zero, and it can never recover. There are literally thousands of ded coin projects in the cryptocurrency universe, that sounded good on paper, but still died.

Utility and Value win, everything else is noise.

  • I should state that you should never discount marketing and charisma as powerful forces to propel a token price upward, but price staying power is dependent on real world utility and proven value.
  • Any one with two eyes, two ears and a brain that wrks, can see that bitcoin has been an incredibly risky investment, with huge bear market drops of anywhere from 60 to 90 peercent, depending on where you draw your lines on the chart. BUt no other token besides perhaps the stablecoins of Tether USDT, USDC and Dai come close in terms of real world utility.

Our community sentiment is pretty low...

  • Our communities token price looks pretty sick right now, and some might say the comuunity is dying, and only held together by the promise of the next big innovation, sheer loyalty to the token or perhaps the power you feel as a big fish in this small pond..
  • I wuld imagine there are some, like myself who actually enjoy writing blogs, reading comments and upvotong people.
  • But if you plan to stick around and ride this bear to bull, no matter how long it takes, I suggest you invest in these tokens now, while they are cheap, because once it is gone, you will have wait another bull market to see prices this low again and even then there is no guarantee.
  • Potentially, the point of Greatest risk and also potentially the greatest profit.

Cheers and what every decision you make with your money, remember it is the right decision.

Posted Using INLEO

hive-180571 gems leofinence pal thecityof neoxian brk onebitcoinclub
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30 comments
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I agree, fewer buy at the bottom, then at the top. go figure.

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I have read this before and it is so, so odd... but apparently, very true.

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100%
I don't know why? Fear? People always wait for market confirmation.

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I think so, and it certainly is a safer bet then buying the bottom or near bottom.

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I believe time to take advantage of market is now when the fear has gripped people to the bone marrow. I will end it with this slogan that if you don’t risk it you may not make it.

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I agree, fear is a predominant emotion now and for the foreseeable future

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For me, if I am actually to advise someone, I will rather say they should invest in stock right now instead of crypto

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Indeed.. It write be a bargain. But, it feels risky to some, when the prices stay low for a while.

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People are scared right now because the price has dropped significantly this time, to a point where we all never thought it would

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I agree, no one ever invisioned 5 cent Hive, so it's a good time to stack it and dig deep for investment.

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Investors should definitely think about investing

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If people start understanding this, then in the future, people will stop making losses. People are not buying at all right now, so now is the time to buy. Some things should be bought now in the market, and some things should be bought when the market goes down even further.

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