Post
Topic
Board Altcoin Discussion
Re: Just how bad is the bear market right now?
by
Riodarvg
on 30/12/2022, 07:21:38 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.

Not really, a bear market is a good opportunity for new investors to come in.  The current bear market isn't worse than the previous bear market we experienced.  As far as I can recall, they have the same thing, hacks, scams, company-turning fraud, and bankruptcy.  It is a normal thing in a bear market so I can say, the market is just as bad as the previous one and like the previous one, the market will eventually recover.

Crypto markets are cyclical. Although the market is still in a bear market right now, it is a good time to accumulate for future appreciation. Just take the opportunity to buy low and Bitcoin and the crypto market will rise again during the next bull run.