Yes, at the beginning of the year the cryptocurrency situation is a bit miserable. This is because at the beginning of the year, the price of all the coins in the cryptocurrency, including Bitcoin, is a little lower. There is no reason to be discouraged because it is miserable every year at the beginning of the year. Later, the market's momentum picked up again.
There is no need to be sad when market conditions continue to decline. You can take action for profit, Bitcoin just lost 50% of its value after being hit by a Bearish storm, usually when conditions are bad, Other altcoins have also experienced drastic price drops.
It is very difficult to predict the duration of a bear market and at what price the bearish will stop or the lowest maximum number. Bear Market is a nightmare for investors holding crypto assets, but you can take advantage of this condition to go down to the market and buy crypto assets at low prices, don't forget to also use a combination of technical and fundamental analysis so that you can choose the right crypto asset.
We cant say that they cant be sad because maybe they already did the wrong move or they already sell at a loss and they really feel bad about it but for us that have not sold yet, we still have the chance to recover so instead of worrying, it will be better for us to stay positive and what you are saying about taking action for profit ? But how? I think that its impossible to do right now. It already comes to you mouth that whatever happens to bitcoin will also happen to altcoins and bitcoin is in a bad shape right now.
No, not at all. There are new year's too that cryptocurreny prices are healthy but only they do not come very often.