Re: Bitcoin now officially in Bear-Market: -20% down - Dropping like a Rock
You would really be expecting these kind of calls anytime we do see some price decrease where there are people who do freak out and keep saying that this is the start of the bear market
but if we do try to look at on the current condition then you can say that we are totally seeing the other way around.
-20% down isnt something that you should bother out yourself but rather see this as an opportunity for you to buy more cheaper coins.Some calls are just creating the FUD so better not to make
yourself get easily affected with these.
Dropping like a rock? If you've been here on this market for a while then these movements wouldnt really be an issue at all.
Even if we are at 51k level today, and compare it to previous years, you can say we are still in bull season. So it depends on when you are comparing it to. People already saw the 60k mark, that's why when it goes down, they feel, btc is already over.
So yes, expect there will be more of this type of comment or postings, especially from beginners who bought their first bitcoin more than 55k level. They feel they already lost but this is just normal for any market. If they have weak hands, they can always sell and never go back.