I think it's wrong to compare the old bear market history with the future bear market, things could play out differently, I was into crypto in 2019 and I am very sure that there was a bear market years back before 2017, in 2020 there was pandemic, no one saw that coming.

Fast forward to 2023, someone I knew is expecting some kind of a new pandemic to put pressure on the world once again, he believed that the last pandemic was intentional, what do you think?

Right now some people are still waiting for more downside without any DCA so far, this is a very big risk if you ask me.