Post
Topic
Board Speculation (Altcoins)
Re: Do we call it bear market
by
BuNga_cute
on 24/01/2022, 23:45:57 UTC
I m still watching closing trying to know if this is the bear market or market corrections. I don't want to panic and sell.
Lol.

What do you think
Not a correction anymore the moment we go below $40k, that’s already a bear trend. Don’t panic because this wont last better to analyze again and buy more if you see good opportunity. This bear market is necessary so the price of Bitcoin can move on, buy now while it is still cheap.

It's true that with the price of Bitcoin dropping below $40k, we can't say what's happening now is a correction. For me now it can be said
officially as a bear market, but there is no need to panic if a bear market occurs, because not always bear market will last long. I believe with
the popularity of crypto which has increased drastically, many institutions have joined and several large companies have decided to adopt Bitcoin.
This makes me optimistic that the bear market will only last for a moment, we will soon return to the bull market. So use this opportunity now
when crypto prices fall to collect some coins that are indeed potential, we will regret if we don't collect coins from now on. Since the crypto market is
about to skyrocket in the near future, and when that happens it can be profitable for those who already have large amounts of crypto.