As for as I have seen that Crypto market has been dumping since the beginning of 2022 and now it is just 2023 and still crypto market is going down too and there are reasons behind this cause this is bear market and bug whales want to wash out small traders os that they have full money and they have also full control. So that is the main reason that we should just avoid all these things and focus on how to accumulate in this bear market and that could could just change our lives.
It is a cycle and now that we've passed on a 1-year bear market, I think that we're on a better state right now. The importance of going through with it is due to teaching us that we should be patient and while it's down as low as it was, the accumulation period is still there. It hasn't ended yet and there's still ample time for those that haven't accumulated yet. One big rival for every individual on this market when we're too bearish are ourselves. One may panic every time they see that the price of bitcoin or the altcoin they held don't go accordingly to the price projection that they've got. And as it dumps, more people are realizing that all of us have different thoughts. For those experienced, it's the time to accumulate but to the new and average ones, they think that it's the end of the market. As said, it's a cycle so those thoughts are also repeating.