Post
Topic
Board Altcoin Discussion
Re: What a bear market actually looks like
by
mindrust
on 10/05/2022, 17:15:03 UTC
Bear market haven't even started yet, if you know how ugly a bear market gets you won't be buying altcoins right now, how many altcoins have died so far due to bear market? None right? Well let me tell you, a bear market is a death bringer for altcoins, all those meme coins and shitcoins that you are eyeing won't live to see the end of the bear market, its always so painful for altcoins to stay alive at such season.

You Ain't Seen Nothing Yet.

https://www.investopedia.com/terms/b/bearmarket.asp

Quote
A bear market is when a market experiences prolonged price declines. It typically describes a condition in which securities prices fall 20% or more from recent highs amid widespread pessimism and negative investor sentiment.

We have been in a bear market since the last ATH. May it go down even lower? Sure can, but saying that we are still not in a bear market is simply wrong. What you really mean is, capitulation haven't happened yet. I believe so too. I don't think we have seen the real pain yet. See the boom&bust chart of the dotcom bubble and get an idea.