How Does Bear Market Impact Your Crypto Growth

We are in bear market for last 2 months. And now this month too is slowly passing away. So that makes it one of the longer period for the bear market. And also one of the crucial time for holding the coins.

You can choose to either exit or hold during this period. And you can get an idea on how this market time would impact you in near future. Some of the time you would understand how this can be a good or bad thing.

A lot of people are exiting from the market because they can't afford to go any further negative down the road. This is a mindset problem too.

So this seems like an opportunity in place for the markets entry or exit based on their needs.

I thought I should write about this market time and maybe you can find some value out of the opinion of mine in this regard. So at the end of this article, do let me know your opinion.

Your Accumulation Slows Down

Have you noticed that the bots are slowed down on both read and noise? Have you made regular withdrawals to your wallet? I find it hard to even get 1 withdrawal these days.

I noticed the FTs on the noise drying up too. So we can't give out the same to other people as well. Which kind of restricts us from getting something back too. Which I feel is a bit slow in general.

It is the bear market time when this happens. Because the BCH earning goes slow as giving too much FTs would cause the sell time later which would bring down the price during the bull market.

Selling in this Period is LOSS

I have seen people getting the BCH at the price of 300 or above. And now that price is under 150 they are selling. So that kind of shows that the loss in place in such type of the market times. Which is kind of difficult period.

You may also get in the loss if you hold it long enough and sell only when the buy price is not matched when you sell it. So the period of sell is important. As selling things when the price is below your buy price may not help.

Make sure to sell the coins that you are earning when the price of the coin is appreciating and is above your buy price. So that way you would stay in profit and also get some good return with FIAT.

Your ROI from every coin is Low

Bear market in crypto means the top giants like Ethereum and Bitcoin are going to take very bad hit. Which also goes to show that ROI is going to be very low on the altcoins too. Which is also expected in the big scheme.

You may find that the ROI giving business also slows down. Like those NEXO, celsius and even Binance would not be profitable during this time. So that is something you may have to think of here.

Make sure to invest into giants and also have your portfolio diversified with the return generating coins with POS based staking. You can be rest assured you are going to be in much controlled state that way.

Panic News Gets You

I have been in the panic ever since the news of the Recession is out there. Like the news is making you feel bad about your finances and the jobs in general. You are going to be feeling the pinch of the bad news.

You may have to balance your mind and not get out into the anxiety. Some of the time that is what going to be getting you into the right mindset and order. Make sure to have some focus on good content this way.

I avoid watching or reading negative when the bear market is out and also the recession is taking over the life in general. So make sure to have some focus on the news which kind of gives you better focus on how you see things.

What do you think?

I feel that bear market is a good time to hold money and also learning when to sell. I guess accumulation during this time would give you an idea on whether to sell or buy or let go of the investment.

What do you think?