{"id":450038,"date":"2022-05-20T13:40:00","date_gmt":"2022-05-20T10:40:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/crypto-veterans-extend-a-helping-hand-to-bear-market-newbies\/"},"modified":"2022-05-20T13:40:00","modified_gmt":"2022-05-20T10:40:00","slug":"crypto-veterans-extend-a-helping-hand-to-bear-market-newbies","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/crypto-veterans-extend-a-helping-hand-to-bear-market-newbies\/","title":{"rendered":"# Crypto veterans extend a helping hand to bear market newbies"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a32f6a6b84c1\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a32f6a6b84c1\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/crypto-veterans-extend-a-helping-hand-to-bear-market-newbies\/#%E2%80%9D_Crypto_veterans_extend_a_helping_hand_to_bear_market_newbies_%E2%80%9C\" >&#8221; Crypto veterans extend a helping hand to bear market newbies &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Crypto_veterans_extend_a_helping_hand_to_bear_market_newbies_%E2%80%9C\"><\/span>&#8221; Crypto veterans extend a helping hand to bear market newbies &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvM2RkYTU3NWQtOGI0ZS00NWI1LWFkNDYtYzdmY2RiZGE3MGM5LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-2a0745c6>As the bears take over and the markets slow down, <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> user DeFi Edge asked crypto veterans, who experienced the bear market of 2018, what advice they would give to traders who are encountering it for the first time.\u00a0<\/p>\n<p>In a reply to the thread, Guy Swann put buying Bitcoin (BTC) at the top of his advice list to bear market rookies. Additionally, Swann also told traders to hold their own keys, ignore the market price and stack regularly. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">\u2022 Buy <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> <br \/>\u2022 Hold your own keys<br \/>\u2022 Ignore the market price<br \/>\u2022 Stop gambling on garbage<br \/>\u2022 Get rid of leverage<br \/>\u2022 Work<br \/>\u2022 Stack regularly<br \/>\u2022 Prepare for a financial collapse<br \/>\u2022 Take care of your family<br \/>\u2022 Use any extra time to learn the new Bitcoin tools &amp; services<\/p>\n<p>\u2014 Guy Swann \u26a1\ufe0f (@TheGuySwann) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheGuySwann\/status\/1527339390514581513?ref_src=twsrc%5Etfw\">May 19, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nApart from simply a downtrend in crypto prices, a crypto bear market is characterized by several other factors including the lack of investor confidence in the market, a sustained period of decreasing prices, lower highs when good <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> comes and lower lows when there&#8217;s bad news. Amid these circumstances, Erik Vorhees <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/ErikVoorhees\/status\/1527335710776500224\">advised<\/a> traders to \u201cdo nothing.\u201d\u00a0<\/p>\n<p>According to Vorhees, normal traders don&#8217;t need to do anything as their &#8220;seeds are planted&#8221; and the &#8220;wheat will grow in the spring.&#8221; On the other hand, Voorhees noted that crypto businesses must cut back on spending and make sure that they have &#8220;24 months of runway.&#8221; <\/p>\n<p>Nic Carter also weighed in and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/nic__carter\/status\/1527360963183525891\">shared<\/a> his advice with crypto traders. According to Carter, the crypto community needs to put its energy into building things that people want. He also warned against assuming that everything will make a comeback and said that \u201csome things die permanently.\u201d <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Contrarian Bitcoin investors identify buy zones even as extreme fear grips the market<\/em><\/strong><\/p>\n<p>A bear market also often shows many signs like lower trading volume, which means that people are holding due to uncertainty, negative comments from crypto haters and backwardation, an event where an asset&#8217;s price in futures markets becomes much less than the normal market price. The big question is when will this end? <\/p>\n<p>In an exclusive Cointelegraph interview, macro investor Raoul Pal shared that the bear market may end if the Federal Reserve halts interest rate hikes. The investor predicts that this may h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>en in the coming months. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/crypto-veterans-extend-a-helping-hand-to-bear-market-newbies\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Crypto veterans extend a helping hand to bear market newbies &#8220; As the bears take over and the markets slow down, Twitter user DeFi Edge asked crypto veterans, who experienced the bear market of 2018, what advice they would give to traders who are encountering it for the first time.\u00a0 In a reply to&#8230;<\/p>\n","protected":false},"author":1,"featured_media":450039,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvM2RkYTU3NWQtOGI0ZS00NWI1LWFkNDYtYzdmY2RiZGE3MGM5LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74894,74863,117,71407],"class_list":["post-450038","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-blockchain","tag-cryptocurrencies","tag-business","tag-trading"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/450038","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=450038"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/450038\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/450039"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=450038"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=450038"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=450038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}