Post
Topic
Board Altcoin Discussion
Re: Just how bad is the bear market right now?
by
abel1337
on 23/12/2022, 17:20:17 UTC
Just how bad is the bear market right now?
Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.
This bear market is so bad for short term and long term users especially for those whose first entry was above 50k . DCA is best option but I think if someone start DCA from 50k now fund will be also zero. I have sold all my tokens before December and now feeling very cool. I think we can see BTC Below 12k which will be another blow For Holders.
It is bad for those who purchase near ATH. But I believe it isn't that bad if we talk long term since most of us believe that BTC will surpass it's all time high next bull market. The only consequence of those who bought at higher price and doing long term is the bigger profit opportunity they can achieve when bitcoin finally surpass it's ATH. I also don't think that it is a bad thing for holders that bitcoin will take another dip especially if the holder is accumulating, A long term holder wouldn't mind their asset value for now if they plan on holding it for a long time. Prices are expected to go down at bear market and big dips are expected that's why I will not be shock if the market still go down.