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.
Bitcoin price is at $16.8k at this time and it''s lower than what we had in early this December. That means the altcoin price is also going down reacting to this Bitcoin's price down. For people who have bought altcoin with high price in this early December, then would recommend to wait for a bit because the price would continue to fall considering the situation right now.
even though I think it could hardly fall again in regard of the price of bitcoin I think it indeed make sense just to wait until the situation gets somewhat better, considering the fact that there's still so many things that could make the current downtrend worse like many lays off and also the economic crisis I think honestly it's wiser to just invest in the next year but of course if you have the money doing accumulation in this current trend could score tremendous returns.