X

Alexander from Omaha

Registered at the crypto broker eToro 41 minutes ago.

» Try eToro too
Do not show again

Many crypto investors view a bearish market climate as nothing more than a moment to run for the hills. Still, there are valid reasons why such seemingly adverse conditions can actually represent excellent opportunities.

Right now we’re in what looks to be a relief rally within a broader bear market. Perhaps, we’re set for a Q1 run of epic good fortune. Nobody knows for sure. However, bear markets don’t have to be all bad. They can actually be a good thing when it comes to solidifying the foundations of a great project. Let’s quickly examine what Ron and Tom at Crypto Lists have to say.

Taking the Right Perspective

“We can rebuild him. We have the technology. We can make him better than he was. Better. Stronger. Faster.”

Some of you might recognize this quotation from the beginning of the famous television series The Six Million Dollar Man. The title character Steve Austin suffered a nearly fatal accident. In many ways, he experienced his very own “bear market” from a physical perspective. However, his fundamentals were strong and a group of scientists (who we will call “investors” for the sake of argument) realized the potential opportunity to create something than was greater than the sum of its original parts. Within moments, a viral 1970s franchise was created.

It’s not entirely unreasonable to embrace the same set of principles when discussing the current bearish cryptocurrency outlook. In other words, those who are able to look beyond the proverbial clouds are likely to encounter a silver lining. This is the very same reason why seasoned experts such as Peter Lynch associate bear markets with a potential for growth as opposed to nothing more than a buyer-beware landscape (1).

Simply stated, psychology plays a crucial role in terms of knowing when an opportunity presents itself. Of course, Crypto Lists appreciates that even novice cryptocurrency enthusiasts are well aware of this fact. We’ll therefore need to dig a bit deeper to fully understand the upsides of a bearish climate.

Weeding Out the Trash

OK…the term “trash” may be a bit harsh. We should still remember that the crypto marketplace has suffered several setbacks due to the actions of only a handful of individuals and entities. From the guru-turned-pariah Sam Bankman-Fried to the subsequent collapse of FTX like a house of flimsy cards, currencies such as Solana have seen better days. So, why do some online portals predict that the price of SOL could test $23 dollars by Q2 2023?

Rating: 9.4/10
Supply: 307,782,016 / 511,216,000
Release date: April 10, 2019

Description: Buy Solana and be part of a pioneering and powerful project!

Risk warning: Trading, buying or selling crypto currencies is extremely risky and not for everyone. Do not risk money that you could not afford to loose.


One reason involves how bearish markets tend to expose bad-faith actors and to dissuade short-term positions. Smart money will instead shift to the fundamentals; focusing upon the core traits of the project in question. Once again referring to Solana, Ethereum founder Vitalik Buterin states that a number of developers are keen to become involved in the Solana ecosystem (2). This has increased positive sentiment due to the fact that opportunistic elements have been taken out of the equation. In other words, a more bullish stance might not be far off.

“I personally think the future is bright too, for Solana. I agree with Vitalik. There’s still such a buzz about the future of the network and the ambitions of the project, that I think the bear market and the FTX fallout might end up being somewhat of a blessing in disguise when we look back five years from now.”

– Tom White, Head of Content, Crypto Lists

Fundamental as Opposed to Technical

Another advantage of becoming involved when the bears are rampant involves the trading principles themselves. Historically, investors tend to focus more on the fundamentals of an asset once the markets become pear-shaped. This often arises from the long-term nature of fundamental trading when compared to the short-term positions associated with technical analyses.

Those who become involved are therefore more likely to look towards the horizon as opposed to cut and run at the first sign of trouble. This provides the underlying asset with a greater degree of stability and (hopefully) the momentum required to move forward.

The Glass is Half Full

There are other reasons why these current bear markets are set to create a future bullish climate. Due to increased scrutiny in terms of potential opportunities, investors are more likely to gravitate towards solid prospects and shrug off get-rich-quick schemes. This also provides legitimate companies with a chance to improve their worth by refocusing internal efforts and performing due diligence. Here are some additional factors that could provide further momentum:

  • An increased public appreciation of cryptocurrency opportunities.
  • The rise of related sectors such as crypto-powered casinos and similar portals accepting blockchain transactions.
  • The possibility that government regulations may provide a degree of market stability.

Let’s also note that the same principles outlined above apply to every asset class as opposed to cryptocurrencies alone.

Of course, the traders staying up to date with Crypto Lists can’t deny the fact that a truly bullish climate might take a bit of time to develop. Having said this, becoming involved on the ground floor is always the best way to build a solid foundation for the future.

Bitcoin Casino IO is unfortunately not allowing players from your country, but we would suggest that you check out Bitcoin Casino IO instead.

Red or black? Hit or stand? Earn more winnings than you ever planned!

1st Deposit bonus: 100% up to 0.2 BTC, or 3 ETH, 75 LTC or 4000 USDT. + more deposit bonuses
Payment Methods: 22
Games: 5050+Game Developers: 61+
✔Instant Payouts ✔Live casino ✔No wagering ✔Cashback ✔Crypto Casino ✔Real Money Casino ✔Mobile First Casino ✔Wallet to Wallet deposits

Sources:

1. https://novelinvestor.com/quote-category/bear-market/
2. https://twitter.com/vitalikbuterin

by Our Two Certified Authors
Solana Coin Newsflash
    Fresh Thursdays: try the brand new Crown Play with SOLFresh Thursdays: try the brand new Crown Play with SOL
    Thursday, 15 Feb 2024 10:25 am
    Act like a king on a new casino launched in January with a 500 USDT welcome bonus. That's right, why not check out our review of Crown Play (review), a site from the team over at Rabidi with almost 100 software developers and an amazing array of cryptos to deposit. One of the best things is USDT on Ethereum Tron, or Solana networks for maximum convenience and blazing speeds. When we deposited using USDT on Solana the funds arrived in mere minutes. Similarly, with SOL it was even faster! Amazing. Get your hands on some top bonuses and a top sportsbetting section by registering now on Crown Play...
    Read the full newsflash


    MetaWin adds Solana for casino depositsMetaWin adds Solana for casino deposits
    Friday, 2 Feb 2024 4:05 pm
    MetaWin (see review) confirms that Solana (SOL) is not accepted. They are giving away 400 SOL - worth over 40 000 USD - to 10 lucky winners. Sign-up now to grab a...
    Read the full newsflash


    Play on Payday, a new crypto casino with Solana withdrawalsPlay on Payday, a new crypto casino with Solana withdrawals
    Tuesday, 16 Jan 2024 9:34 am
    Payday loans don't have the best reputation, but we've got a new casino review that sounds similar but tastes a whole lot different. Launched in spring of last year and still finding its feet for the first few months of operation, in 2024, Payday Casino (learn more) delivers and then some. With loads of cryptos to choose from including niche ones like Stellar Lumens (XLM) and super speedy ones like Solana (SOL) you've got loads to play with. Withdrawals are timely too, processed and sent out within a day. Usually within an hour. With 1000 games coming thick and fast from some well known developers like Spinomenal and Tom Horn, you're in for one heck of a treat. Sign up to Payday and experience fun...
    Read the full newsflash


    SOL down 4.5%: time to play on a leading Solana casino?SOL down 4.5%: time to play on a leading Solana casino?
    Wednesday, 10 Jan 2024 12:42 pm
    When your favorite coin starts to go down in value, that can be a pretty good time to play with it compared to when it starts to rise and HODLing sets in. LTC Casino (see more) is among the very best Solana casinos we've ever reviewed on Crypto Lists and is a firm favorite among our readers. It's got 5 second signup without any KYC when you register, deposit, or withdraw. Amazing. Although there's no welcome bonus, there are tons of ways to win including special tournaments and super-fun crash games. And, high RTP slots are one of the specialities! What are you waiting for? Sign up now and see if you like LTC Casino's...
    Read the full newsflash


    Early Christmas for Solana fans: Top 4 crypto by market capEarly Christmas for Solana fans: Top 4 crypto by market cap
    Friday, 22 Dec 2023 7:28 pm
    In terms of raised market capitalization among major cryptocurrencies, there is a clear new winner among alt coins in December 2023. Solana (SOL) has gone past both XRP earlier this week and overtook BNB today to become the 4th biggest cryptocurrency in terms of market cap. In terms of daily transaction volume, Ether (ETH) is still more than 3x bigger and Bitcoin (BTC) almost 4 times bigger. But the gap has been narrowing lately and the Solana token is one of the big winners in the end of 2023 among the bigger cryptocurrencies. Among the slightly smaller ones, Near (NEAR) has gone from 1 USDT the 20th of October to 3.32 USDT when writing this. Another big winner the last month is Helium, going from 2.26 USDT one month ago to 7.22 USDT today. What...
    Read the full newsflash

New Casino Reviews
New Crypto Casinos
Best Crypto Casinos
Recent Crypto Sites
Recent Crypto Coins
Keep up to date with
 

Our Newsletter

Sign up to our newsletter to get the
latest crypto news, new casinos,
bonus offers and other exciting
exclusives.
* indicates required
CryptoLists.com
Copyright © 2019-2022, by Crypto Lists Ltd (CryptoLists.com). Company name: Crypto Lists Limited. Address: 5 Upper Montagu Street, LONDON W1H 2AG, England.
Jump to top