This downward movement is heavean for good traders, even if we are in a bear market, short term profits possibilities are insane during this times, we will have green days, and even though we might not see the december highs for a while, it might be a good time for all of us to increase our trading skills. Remember, people get rich during recessions
People get rich buying low, and selling high, do that a few times successfully and you've multiplied your money. But when the market is trading so harshly like it is now, it is very easy to catch the top of a new dip, and then be screwed.
It is something that is hard to do in the crypto community and that's the challenge that every crypto enthusiast face. Not of use can exactly predict how the market will go or when is the right time to buy low and sell high so in result, we tend to wait more and see how the price will go but in the end it don't meet our expectations ending up with regrets of not buying when we have the chance to.