Just how bad is the bear market right currently?
Is the Current Bitcoin Bear Market That Bad?
A beginner in the crypto industry can claim that the current bitcoin market is bad because he has observed how the price of bitcoin has fluctuated between highs and lows without going above a particular price point between $26k and $28k within some days or weeks. To them, that's how they see and understand the volatility of the crypto market. However, others who are familiar with the crypto market would argue that it is currently in a correcting phase and the DCA approach will be perfectly acceptable to use at this time or even start accumulating more bitcoin at a low price
Exactly, those who have a better experienced with how the market move will take this as an opportunity.
While for newcomer who only looking for quick benefits can conclude that the market is in a bad shape, there are pressures that may
really affect newbies to continue holding their assets.
But for people who are trusting the system, taking this current value as accumulating period can give them benefits in the long run
still good for investors and traders who understand the current situation.