I am already watching the coin movement because i am actually looking for and picking a perfect entry point to buy and gain more profit when the coin value starts to increase , since the dip have been too much now and holders cant wait for things to get better and green days to come very fast too in a high way
The bear market raised panic sales, lots of investors sold off their coins after learning the market is faced with uncertainty that is looking indefinite based on country's resistance to country the market which never materialized. That led to the bearish run, other countries that are behind Cryptocurrency growth banned it, and that has caused it falling without control. I believe the bear market won't take over the year.
The bearish run is deliberately done cos of the government resistance around digital coins. Since they can't control it, they issued the ban of the coins from operating in their respective countries, and make lots of investors doing panic sales. When the investors aren't holding their huge amount if coins, and flipping it all that surely cause reduction in price.
We'll continue to holdl our hands around crypto, knowing too well things will improve, since many countries are still adopting it. The more adoption means better trust score even when their are still others who doesn't like the Cryptocurrency movement. Those high numbers of crypto lovers will put the mindset of the disillusioned ones down, and surely it will take positive effect on the price of the coins.
The green come at times, it fluctuates up and down often this days making the market currently unpredictable. That's why some traders are just relaxing themselves, reading and studying the movement of the coins to see where it is taking it to, in the future. They'll only invest when they've seen reasons for that.
It depends on the coins that some people invested in....If anyone actually invested in the major coins like Bitcoin, Bch, Ethereum and the likes, there's every tendencies that those coin will rise back in value with profits i guess. It's normal for this coins to experience bear run. Only those that invested in some unknown coins may lose!
I am already watching the coin movement because i am actually looking for and picking a perfect entry point to buy and gain more profit when the coin value starts to increase , since the dip have been too much now and holders cant wait for things to get better and green days to come very fast too in a high way
Their is time for everything, no doubt. When it is time for bullish run it will surely come by. At the meantime, the coins haven't recovered fully from the bearish run, the bearish market run is set to stay for some time. If you have money to risk, you shouldn't be afraid buying at the moment. The future will define your investment as a rewarding one.
It will take a long time for the bearish market to come to an end. We shouldn't be too panicked to flipping our coins due to the delayed time of bearish run cos if we do we're simply doing ourselves more harm, which will lead us flipping our coins below what is expected. The China crack down is the peak of everything that has taking its toll in the crypto advancement.
Laughs, I'm an investor I've seen a lot when it comes to investing around crypto. The bearish run have come and go, including the bullish run. They rotate often, that's how traders make their money. I'm losing money at the moment cos of my coins being reduced due to the bear market but I'm hopeful it will go up.
A big blow indeed, the Chinese government never did good to ban Cryptocurrency activities in their country. But nonetheless the good time will come around the coin in the future. Even if BTC is down by -6% today which have seen it drop down to $32,000 in the last 24 hours. Other countries are finding solutions to improve green energy and mining activities to finally do away with Chinese and continue to oversee improvement around crypto long time.
