Bear market has always a vast of opportunities to offer, but most of the newbies do not realize it. Instead, they prefer to start buying and hodling in bullish season expecting that the market value will continue to move up. That's when they start losing. While wise investors always take advantage in every bearish season and buy only those coins with high potentials. Apparently, bear season is the best time to built your wealth only if you end up investing in the right coins. Otherwise, you still miss the chance to build your wealth from the bear season.
They are scared when they see a bear, they think it's the end so they don't take the opportunity to buy but if ever they have bought before, they still panic sell. They need to do this because in their mind, what if they will lose more? So, it's better to be less. Their buying time is usually different from us that are not newbie in this market but they buy oppositely or when the market is rising, I don't know why but maybe that's the only time that they can gain confidence, thinking the rise will continue or they think the coin is healthy. They will lose if they don't sell at a more higher price but if they got lucky that the price continues, they earn.
That is the importance of studying the crypto world properly before deciding to invest, so that we can choose potential coins for investment.
So when we see a bear market happening, we will not panic and make the bear market an opportunity to buy coins that we consider potential.
Because we already understand how to determine which coins are worth buying, and we also understand how the crypto market works. Nowadays
most people panic when a bear market comes, because like you said they think the price will continue to fall. In fact, if we choose potential coins,
the decline that occurs when the bear market is only temporary, because after the market recovers, then the price for potential coins can go up
very high. So it's true that we can build crypto wealth when the bear market takes place, because when the bear market provides an opportunity
for us to buy coins that we consider potential at low prices.