Basically we use cryptocurrencies as a means of investment instead of using them as a means of payment. So surely most people are thinking the same thing about this and trying not to overspend their assets. After all, in a bear market like this it would be better if we hold it until the bull market occurs rather than having to spend it now, instead I myself continue to increase the amount of my assets for me to take in the future.
In my own country I haven't seen anyone close to owning cryptocurrency they use as a means of payment, so the chances of using it for shopping are very slim.
That is very logical, because everyone will clearly see the good opportunities that can still happen in the future. So continuing to save assets and then continuing to try to add assets to the same model is a very extraordinary option as long as everyone is able to hold it without any worries, because I personally also still save assets and never spend it unless there is an urgent need. After all, I have never panicked about the current conditions and I still really believe in the potential of the assets that I hold now, especially in Bitcoin.
Yes, there's nothing to worry about, moreover what we hold is bitcoin. Bitcoin is an asset that is highly recommended to be purchased in a bear market like this, so that when other people are competing to buy, we instead sell just because of unreasonable panic or seeing a lot of FUD devoted to bitcoin.
As we know that bitcoin has a cycle where the bear market always occurs, and this year is the year that the bear market predicts and really comes our way. We'll just have to wait a while before bitcoin finally recovers, and I think it will in a few years from now and I don't think a bull market is likely this year.