12-07-2021, 12:13 AM
People who want a bear market and crash to "accumulate more coins" have no idea what
<!-- SC_OFF --><div class="md"><p>No, really, are they out of their mind?</p> <p>Do they have any idea how long a bear can last and how many coins can be lost and eaten up forever.</p> <p>The bear market knew to “eat” the coins that were in the top10 so we only have BTC, <del>ETH</del> LTC and XRP out there that survived it from 2013.</p> <p>Dip is one thing, crash and bear is another. And it can last for a long period of time.</p> <p>What bear brings to us:</p> <p>- General distrust in cryptocurrency</p> <p>- Investors are losing confidence in the market</p> <p>- Prices are decreasing for possibly longer period of time</p> <p>- Negative talk of cryptocurrency in news, social media, mainstream media and so on</p> <p>And no, I don't wish for a bear market so I could accumulate more coins. Some dips are totally fine. For me DCA is also a good strategy for a long term investor. Why the hell would I want bear market? It is not that fun at all!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/UnexperiencedIT"> /u/UnexperiencedIT </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ra3mi2/people_who_want_a_bear_market_and_crash_to/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ra3mi2/people_who_want_a_bear_market_and_crash_to/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>No, really, are they out of their mind?</p> <p>Do they have any idea how long a bear can last and how many coins can be lost and eaten up forever.</p> <p>The bear market knew to “eat” the coins that were in the top10 so we only have BTC, <del>ETH</del> LTC and XRP out there that survived it from 2013.</p> <p>Dip is one thing, crash and bear is another. And it can last for a long period of time.</p> <p>What bear brings to us:</p> <p>- General distrust in cryptocurrency</p> <p>- Investors are losing confidence in the market</p> <p>- Prices are decreasing for possibly longer period of time</p> <p>- Negative talk of cryptocurrency in news, social media, mainstream media and so on</p> <p>And no, I don't wish for a bear market so I could accumulate more coins. Some dips are totally fine. For me DCA is also a good strategy for a long term investor. Why the hell would I want bear market? It is not that fun at all!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/UnexperiencedIT"> /u/UnexperiencedIT </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ra3mi2/people_who_want_a_bear_market_and_crash_to/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ra3mi2/people_who_want_a_bear_market_and_crash_to/">[comments]</a></span>Kind Regards R