This question is for those that are here when bear market of 2018 stormed the crypto space, how doesn't it feel like? All those staking for perceive income makes sense at all? Or returns went so bad and makes staking looks like a bad idea? How does it felt like.
That was one of my worst experience but I’ve learned a lot from it and what I did in the last dumped I was able to buy at the bottom because I already have the knowledge on what to do if the market crashes again. If you see dumped price, that can be a good opportunity to buy so don’t panic and stay focus on your goal because the market will always rise especially with Bitcoin and good altcoins.
Without a doubt anyone that was part of the market back then will never forget the feeling of desperation as you watched your investment going down day by day and then once it seemed the bear market was over then the price began to go down once again, this demoralized a lot of people to the point I am sure the majority of the people that invested near the ATH never came back as their losses were so massive that they could simply not resist such a brutal bear market for long.
At that time in 2018 was when I learned the most about the markets, because I dedicated myself to reading a lot about market speculators and how they did to face bearish movements and trends, at that time for many investors they believed that the BTC was going to rise for December, in fact many bought BTC to sell in December and at that time the market did not rise, the market remained in a cool zone and what it did was go down a little more, however the lesson of this is that the movements of BTC they usually occur in around 4-5 years to see a fluctuation either in a bullish or bearish sense, this is what I have understood so far, it should be noted that I have not yet been able to predict at this time what may be happening in the BTC market.