As much as people may claim that 2022 was a disappointing year for cryptocurrencies, I beg to differ. I'm not actively purchasing Bitcoin, but I'm saving each signature campaign payment I receive, which is pretty much the same thing. On average, I'm "purchasing" $200 worth of Bitcoin per month. The amount of Bitcoin I received in 2022 is significantly larger than in 2021. Thus, this market condition is a great opportunity to acquire as much as possible for the distant future, when we'll hopefully start seeing a recovery.
Bear market is perfect for accumulation by buying or by saving from your signature campaign payment. Imagine that now we can receive our payments in bitcoin with 3 times more than when Bitcoin was about $60,000. It is a great time for working and saving in 2022 and 2023.
You don't buying bitcoin but by saving your payment, you are doing Dollar Cost Averaging proactively too. That is a good plan for a next bull market, in 2024 and 2025.
This is actually the most rewarding part of the bear market. I used to receive approximately 1 to 1.2 mBTC per week, I'd have to wait 8 to 10 weeks just to earn 0.01 BTC, while now I need only 3, since I'm receiving more than 3 mBTC per week. Campaign signature earnings are no different from buying Bitcoin yourself, on a weekly basis, taking advantage of the Dollar Cost Average (DCA), reducing your risk, and setting a lower average purchase price. Generally, it's a great opportunity to accumulate now that prices are low, however, due to a personal crisis I'm going through, I refrain from using my own money.
As much as people may claim that 2022 was a disappointing year for cryptocurrencies, I beg to differ. I'm not actively purchasing Bitcoin, but I'm saving each signature campaign payment I receive, which is pretty much the same thing.
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Bear market is perfect for accumulation by buying or by saving from your signature campaign payment. Imagine that now we can receive our payments in bitcoin with 3 times more than when Bitcoin was about $60,000. It is a great time for working and saving in 2022 and 2023.
(...)
This is already proven in every cycle. Just like before the 2019-2022 days when we see a very long period of a bear market and we saw multiple dumps happening the Bitcoin. And that's the time I keep buying Bitcoin at cheap prices.
I didn't regret it before, and that's why this 2023 - 2024, I'm looking forward to doing it again and accumulating Bitcoins at low prices.
History repeats itself, this bear market is similar to 2017-2020 bear period. A recovery is very possible within the next one to two years.