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: 9.33/10
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 logo

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

NOTE: Bitcoin Casino IO does not allow players from United States, so instead please check out the best crypto casinos that does allow players from United States.

Sources:

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

by Our Two Certified Authors
Solana Coin Newsflash
    Solana (SOL) almost breaks $25 for first time since Nov 7Solana (SOL) almost breaks $25 for first time since Nov 7
    Sunday, 15 Jan 2023 8:11 am
    Fans of the Solana network are high in the sky today as the native Solana (SOL) coin goes even higher. In the early hours GMT, SOL touched around $24.65. Considered a possibly dead project after the downfall of FTX and Alameda Research, Solana has rallied to reclaim its position as a major asset in the short space of around six weeks. Thanks in part to a tweet by Ethereum founder Vitalik Buterin praising the foundations of the network. Sign up for eToro now to get your hands on some SOL!


    Bonk bullish in first major hit of 2023 for SolanaBonk bullish in first major hit of 2023 for Solana
    Saturday, 7 Jan 2023 10:01 am
    The BONK meme token that runs on the Solana Network has become the first big hit of the 2023 crypto market. The dog-themed token - perhaps taking inspiration from other major meme coins like Dogecoin and Shiba Inu - has become a hit after huge social media buzz. And its success has helped Solana's native SOL to rise this week in a continued run of good fortune after Vitalik Buterin praised the network last Friday...
    Read the full newsflash


    New Owl Games casino now accepts SOL & NearNew Owl Games casino now accepts SOL & Near
    Tuesday, 3 Jan 2023 5:23 pm
    Two new cryptocurrencies has been accepted at the new and highly popular casino Owl Games (see review). They provide more than 3200 slots and jackpot games from over 40 developers. There are owl rewards to everyone that completes different tasks. Sign-up for Own Casino now and experience a better...
    Read the full newsflash


    Ethereum head honcho sends SOL skywardEthereum head honcho sends SOL skyward
    Friday, 30 Dec 2022 1:30 pm
    In a tweet posted yesterday as altcoins - and Solana (SOL) in particular - were falling, Ethereum's founder Vitalik Buterin sent the coin upwards. Speaking on Twitter, he said the developer community was strong, and that recent events might have helped as 'opportunistic money people have been washed out' of the project...
    Read the full newsflash


    Solana (SOL) touches $10, ETH below $1200Solana (SOL) touches $10, ETH below $1200
    Wednesday, 28 Dec 2022 8:24 am
    The Solana coin (SOL) was just below 10 USD for a few hours, before turning up above 10 USD again. The announcement that two of Solana ecosystems top selling NFTs, DeGods and Y00ts, will expand their reach to also include Polygon after receiving a grant from the blockchains layer 2 fund called Polygon Fund. Crypto Lists noticed that...
    Read the full newsflash

Recent crypto sites
Recent crypto coins
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