Bear season; The perfect period to be calculative
One thing that I love about cryptocurrency is that irrespective of the season, there is always opportunities in all. What I mean by this is that wether we are in bull or bear season, they are countless opportunities in it. This is one of the things that made cryptocurrency very unique and amazing. We all knows that the Luna issues and crises was among the major reason why we fall into what we are into today. It is the issues that affected cryptocurrency so badly and I wish that we are able to get out of it very soon. I read online not long ago about how the Ukrainian invested in Luna as a medium to act as bail out for them to have something to lean on amidst the crises that is hitting them. It is so painful that why they though they have something to lean on, this happened. Such a pity I must say.
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Nonetheless, I met somebody who said that he has been praying for a day like this to come i.e he has been waiting for this opportunity so that he can be able to take it when it arises. He said that he has been preparing for this by simply saving for such a day/period. I know a lot of person might not be happy about what he said, this is simply because we were taken by surprise as to nobody saw the bear moment coming. He was prepared for that so when this happened he used all the opportunities that he had and dive into the cryptocurrency ecosystem by simply investigating and investing into those good project and buying into it. This is a smart move to some certain extent.
With the above we all can see that irrespective of the cryptocurrency season, they are opportunities in it. While many are out there lamenting about what they lost others are out there taking opportunities of what the current market present. This is the sole reason why you need to know about cryptocurrency vividly well before investing into it. If you have wider knowledge of what you are investing into, you will not be afraid of the season that we are into. You will surely sees all the season as being the right time to take opportunities. If deep along the line there is issues you won't be sad too, you will know you took calculated risk.
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Irrespective of everything that we are doing please knows when is right to take profit. In fact make sure that the greed mentality is being killed by simply doing what I hinted above. Always endeavour to take profit so that when things doesn't goes as planned or expected you won't be caught wandering. Always remember to that cryptocurrency is filled with uncertainties.
With this post we all can see that cryptocurrency irrespective of it season is filled with countless opportunities. While you are lamenting about the bear market some person's are happy about it and have used the opportunities to study other good project and have invested in them. If for example you are looking for an opportunity to buy into a good project when it is 1$/1, now that there is bear market it might have dipped by some amount. Let say it dipped to $0.3 and you know for sure that this is a good project, the opportunity now has presented itself for you to buy into it cheaply. If you did this and bull run finally comes, you will be glad you invested during the bear market.
Tfame3865
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Greetings @tfame3865 it is time to take advantage and buy according to our liquidity, personally the adverse scenarios are about to end and I would not be surprised if a consolidation lateralization is generated in the market. Regards
That's right my friend, most of us were taken by surprise by the bearish season, but as you say, others prepare for it and take advantage of the moment to buy at a discount, many of us are used to only take advantage of the rises, when the market has both movements that you have to know how to take advantage of.
This is why it is good to get prepared all the time. Not easy but we have to try.
Undoubtedly it is a good time to buy, too bad I do not have USDT to buy, I can only hold the cryptocurrencies I have in my portfolio and wait for the bull run of the bulls to come.
Greetings and thanks for this wonderful post.
A lot of attractive discounts in the crypto market right now...Unfortunately, there is not a lot of cash on hand, but there are a few alts that I've been keeping a close eye on, and I think it's time to pick them up
Thanks for sharing :) @tfame3865
While the bear season isnt a favorable season for most, it is also regarded as a shopping season for the smart investors who always prepare themselves for the bear season and as the successful people in the trading and investment space would say, the money is made when the market is down
Yes, nice comment
Hello dear friend, the truth is that the cryptocurrency market is very volatile and there will always be ups and downs, we just have to be patient and invest when you can invest and then see the returns on that investment. I think that today the market is not going through a good time, but I hope and trust that it will recover as soon as possible. Greetings.
Surely they will be ups and down
Dear @tfame3865, my people will say life is not balanced at all, for some, it is a season to acquire and they are excited about it, while for others, it is a period for them to cry about some losses, regardless I know that cryptocurrency is filled with lot's of opportunities and it is left to us to take advanatage of them as they come.
Yeah, nor balance at all
Hello friend
The line
Says it all and it is the most exciting part about crypto for sure.
Cheers and take care @tfame3865
Thanks for the comment
Greetings @tfame3865 ❤️💞
I strongly agree with your point here buddy. The fact is that most people are so greedy to the extent that they tend to loose their earned money plus the whole profit through the dip because they don't want to take profit but they expect more profit and income on the long run not knowing the market isn't predictable.
Thanks for sharing this great post with love from @hardaeborla and I hope you have a great day ahead
You are right. They will learn the hard way.
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