It's not that bad: 5 benefits of a bear market
Source:The stock market is in a difficult position, which can drag on for months. No one knows how much will fall, how long will it accumulate and what will be the recovery.
If you are reading this article, it means you managed to survive the hard months of a bear market and you are not so easy to scare by falling prices. However, the correction value of the assets has a positive side. Five of them dismantled .
theYour idols are put to the test
Cryptocommunist Twitter has bipolar disorder. As soon as the situation on the market has a tendency to increase, the well-known traders and the self-proclaimed experts begin to pour bullish forecasts. But the plums Bitcoin pulls the tail of the posts about the hopelessness of life and just a bunch of useless information.
Other «analysts» discovered the function of deleting messages. So they MOP up after themselves unfulfilled predictions. In other words, a bear market gives you the opportunity to figure out which of the famous personalities could talk sensibly in any situation.
Experienced traders are aware of their errors, many of them caught the previous bear market of 2014. Perhaps now is the time to sign up for Twitter to these individuals.
thethe Bad coin die
Correction — a great tool for separating the wheat from the chaff. There is nothing more satisfactory than watching the rapid fall of the hated you Aldona. As «experts», digital assets are also tested for strength. Unfortunately, for many it can not handle.
Scam, pyramid schemes, useless projects — they disappear from the market after the disappointment of many investors. In the end, the bears are clearing the way for new promising coins. Hopefully in the future start-UPS like will cease to appear on the horizon.
thehas the time to study…
In 2017, no need to make a serious effort to become a millionaire. Most altcoins ICO and brought fabulous profits to investors by the end of the year. But in a bear market no freebies — you need to think through each transaction and to carefully examine the prospects.
So you still have time to prepare for a new uptrend. Analyze the market of altcoins, learn the basics of technical and fundamental analysis, prepare your cryptoperthite to proper diversification. Believe me, this job will reward you in full in the future.
the… and purchases
It is Hard to tell about the accumulation of assets when your coins have already fallen by 80 percent. However, if you are an avid perfectionist, now is the time to seek additional money to buy bitcoins. Around the cryptocurrency has accumulated too much positive news that will soon raise their prices to a new level.
Try to accumulate more and more promising coins that have good potential. However, it is not necessary to go into extremes and to invest in the crypt of all your money. Remember, invest only that which you do not wish to lose.
theit's Time to learn a new hobby
An Overdose of Bitcoin dangerous. Don't spend all their free time glued to the computer screen or smartphone. Do not leave the industry, but don't let it take over. Correction cryptocurrency gives you a wonderful opportunity to relax from the daily trading.
Life goes too fast. If you don't stop to look around you miss.
Try to read more, spend time with your loved ones and our subscribers . Find a new hobby, and thoroughly prepare for the next . It is possible, in 3-4 years you will be able to achieve all your goals in investing.
Recommended
Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam
co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...
The Ethereum is a cryptocurrency Scam. A new report Chainalysis
When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...
Rally Bitcoin — deception. Well-known economist advises to invest in gold
Director of Euro Pacific Asset Peter Schiff does not see anything supernatural in growth . Recall that the main cryptocurrency has already risen by 179 percent since the beginning of 2019 and is now trading at the level of $ 8540. According to Schiff...
Related News
VEB and the Grozny mayor's office transferred the housing sector on the blockchain
In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...
Hacker 1337. How to hack Etherscan not to cause any harm
Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...
EToro CEO: demand for Bitcoin growing even in a bear market
Director General of the trading platform eToro Yoni Assia asserts that the correction of Bitcoin have a positive impact on the long-term stability of the coin and all of the stock market. Your thoughts Assia shared in an exclusive...
Lecture Twitter: acne Buterin spoke about the creation of Casper for Ethereum
acne Buterin published a series of 75 posts on Twitter, which told in detail the story of the development of Casper. The Creator of Ethereum tried to debunk all the myths and guesses about the most important update of cryptocurren...
CEO of CoinCorner: Bitcoin will rise to $ 15,000 by year-end
Growing Hasrat network of Bitcoin was the main argument the belief of many experts in a short Bollene. Co-founder CoinCorner Danny Scott is confident that this year will end for the main cryptocurrency on a good note. His mind, he...
Miners hold: the reduction in the reward for the block will affect the price of Bitcoin?
Bitcoin Price may continue to drop over the next two years. This view also has the right to life and is already being actively discussed in cryptocommunist. It turns out that the reason for the prolonged bear market will be the ne...
Vitalik against Arthur: the manipulation of the price of Ethereum's guide BitMEX
Previously, BitMEX CEO Arthur Hayes that Ethereum is Sitchin, whose price must fall below $ 100. The words of Hayes voiced publicly just at the moment when bitcoin fell to $ 260. About it writes . the Why falling Ethereum Recall t...
Russian innovations. Why cryptocurrency Amur region?
Visitors of the Eastern economic forum will be able to purchase local Souvenirs using cryptocurrency AmurCoin. Cryptocurrency for the first time to test the event, and then will be used as crowdfunding platform for raising funds f...
More money: kryptomere income from trading commissions will double by the end of 2018
According to the research analysts of Sanford C. Bernstein & Co., profit kryptomere could double. Experts predict revenue growth of large exchangers to $ 4 billion by the end of 2018. About it writes . How to trade cryptocurr...
ICO-project in Russia is cheaper than in most countries. How much?
In June, the Ministry of communications document, which describes rules of conduct in Russia. Experts evaluated its content as "a strange and detached from reality." They also stated that such rules can deter entrepreneurs who pla...
When will the film about the cryptocurrency with Kurt Russell? The response of the producer
In mid-June, the actor Kurt Russell on the intention to participate participation in the filming of "Crypto". It tells the story of a young agent investigating fraud and money laundering in new York. Now the film's producer Jordan...
Technical analysis: what will the price of Bitcoin on the weekend?
Based on a technical analysis chart, the path of least resistance for Bitcoin satisfies the aspirations of the bulls. At the moment the main cryptocurrency is trading at $ 6400. While technical indicators on all time frames point ...
In Norway, the unknown promised to blow up a mining farm for excessive noise
In early June, the Norwegian intelligence service plans to check the activities of the Russian company New Company, which has invested $ 125 million in the construction of the largest farm in the country. The fact that the plant w...
Better than gold: using Bitcoin transferred almost a trillion dollars this year
According Coinmetrics, about 830 billion dollars in Bitcoins have been displaced since the beginning of 2018. We will remind, earlier analysts that two-thirds of Bitcoin transactions have no economic value. New research from such ...
Available Swiss counterpart ETF on Bitcoin. Is this good for the market?
Exchange-traded note , which is traded on the Nasdaq Stockholm, will now be available to investors from the United States. Alternative cryptocurrency ETF appeared in 2015, but now ETN for Bitcoin to be traded to the US dollar. Abo...
The CEO of Coinbase: the cryptocurrency market is very similar to the dot-com bubble
In his recent interview with Brian Armstrong shares his view on recent events in the stock market. In his opinion, the astronomical growth and a dramatic correction Bitcoin is very similar to the behavior of companies during the d...
Bitcoin stuck at the level of $ 6500 — will continue the growth? The opinion of the Russian expert
recovered after a recent subsidence of up to 6 thousand dollars. The coin was fixed in the interval from 6300 to 6600 dollars and hardly leaves him with the environment. Some foreign experts see this as a sign . Time to find out ...
Nvidia reported a significant reduction in revenue. Blame the miners
last week analysts by FactSet estimate that profit Nvidia to grow even despite the "disadvantage" of home mining and the decline of interest of participants of the stock market to the products of the company. it Seems that somethi...
Americans banned from doing business and fined. The reason — the organization is fraudulent. ICO
In August, police raided the offices of the South Korean company Shinil Group on charges of fraud. Earlier the firm announced it had found the sunken Russian cruiser "Dmitry Donskoy" of gold on Board worth billions of dollars. Aft...
Casinos back in winnings: the fall of Bitcoin would not reduce the profitability of mining
Bear market affects not only captainvalor, but also to the miners. Many experts believe current price levels the final stage of correction of Bitcoin as if it will fall even lower, then its production will supposedly be unprofitab...
Comments (0)
This article has no comment, be the first!