Quote from: Silberman on Today at 01:16:33 AM

Quote from: russselcarri on November 10, 2022, 06:44:03 AM

Quote from: Famous Grouse on November 03, 2022, 08:16:51 AM

"Is the bear market over? Hard to say, but a lot of the bad news was priced in. With a maximum drawdown of -28%, SPX discounted 85% of a typical 33% market decline and 78% of a recession bear market. I still like the 1946 counterpart-"

Is the bear market over?
Is the bear market over?
Is the bear market over?

According to my experience, it is far from the bottom. If you think this is the end of the bear market, I will tell you responsibly that you can wake up from your sweet dream. This is the middle stage of the bear market, once again challenging the market's patience and test everyone's cognition.

It is natural that people want to know if the bear market is over already but the drop in the price we suffered should be a reminder that this is still a bear market and another drop can happen at any time, because if this can happen to an exchange that many thought it was solid then this could happen to many more exchanges and other coins we have in this market, so this will create distrust in many people that could have been interested in investing in this market and will make it more susceptible to go down during the next months.

It is impossible to understand that the bear market is over. This is not something that can be determined so easily. When there is a little rise, we cannot say that the bear market is over. In the same way, when there is a slight decline, we cannot say that the bear market continues. Therefore, small increases should not mislead us. As far as I'm concerned, cryptos seem to stay at these value for a while longer. So for me, the bear market is not over yet.