Nothing is happening in crypto that hasn't happened before, 2018 was worst than this. There's always room for a retest, there's bear and bull season. Everything has its season, we just got to be wise about it all.
Exactly, I think the people who experience bear market for the first time are the ones who are overthinking right now, if they truly made a right decision on investing their money in Bitcoin, especially if they bought at $50,000 down to $40,000. Bearish market is just about the market giving red candles all of the time, others are just making it complicated to create FUDs to have a chance to buy more once it dips because of panic sellers.
people who have bought Bitcoin at a price of $50k to $40k are not wrong, because they do intend to buy, but why do you blame them that bearish is only for that person?
we are indeed entering a bearish season, that applies to all cryptocurrencies, I'm sure you also bought altcoins and now altcoins are also experiencing a drastic decline,
so don't just make statements about bearish.
People who bought at $40k and $50k are not wrong mate. You shouldn't blame them for any reason, when it was $40k, down from $69k, since it came down from ATH, it seemed that the $40k was the low. But since it turned out that it wasn't the low, there is nothing to trouble yourself about. Even El Salvador bought at the range of 50k.
You do not have to regret for buying $40 to $50k if only you bought bitcoin. But if you bought other coins, I don't know your fate but for bitcoin, we are so so sure that it will touch ATH and still make a new ATH. It is just a matter of time and delay. You will smile at the end.