Welcome to this bear market friend. We won't recover for the next 1-2 years. GLHF playing the game.
If we don't then this only approves that we're going to see the same cycle for what happened 2017-2018. Then, after the next years, we got a lively year for 2020 and 2021.
Since we're still in the pandemic and it's almost 2 years already, these 1-2 years of not recovering and bear season won't look that long. We're used to these and if ever there won't really be that much recovery for this year, hold your horses. That's what I'm going to go and will look for a good entry for some coins that I've missed buying at the dip before the bull last year.
This market doesn't move in any predictable way. Whales need new money, the fact you said we are used to these scares me. I know this, because my friend did a big FUD campaign in 2018 for a client. After massive FUD the market managed to crash. I am expecting the same thing now, but VERY extreme. New money is needed, fresh cash flow, only way to obtain that is to make sure people get liquidated or sell at loss. And if people get used to things, they tend to change the situation so it becomes new.
Like I said, I've never sold my BTC but some weeks ago I decided to do it. I got some altcoins running, that I dont care about because they are so little compared to my portfolio.
CZ n FTX will lead this drop.