Topic: Did you live through the last bear market ? If so, what did you learn ? (Read 539 times)

Actually cryptocurrency market is just like educational experience, during bearish market a lot of people filed complain base on what they experience. And any market experience in cryptocurrency bearish time is another level of understanding the protocols of cryptocurrency and it will never happen to you again. Before if i hold cryptocurrency and it's falling i does convert to stable coin because i have no idea that time, but since i notice that conversion to stable coin is helpful than allowing it to fall to zero, so since date i haven't forget it thats experience and never it will depart from you.

yes i was in the last bear market. well what I learned was the following:

never buy bitcoin or altcoins at the top, no matter if one is seeing the price go up a lot and a lot every hour, one needs to think: if everyone is buying, then at some point everyone will sell and at that time the sale will be too big enough to make the price go down a lot so buy low and not high. and how do we know if we are low or high? using technical analysis. knowing how to identify the main supports, expect accumulation and reversal, helps in decision making


no one can guarantee that the price will go back to $60,000, that's why nothing is guaranteed about going up again, the price can simply drop to $3000, in the cryptocurrency market to believe that the price will always go up is a big mistake . one should always think that anything can happen

This is true, I haven't sold in a long time and I am not planning on selling anytime soon neither. We all know that it will go up and that is a fine thing, we just do not know what to do with this information. I know that there is a good case to be made about selling at a top price and buying again when it goes low but why would I risk my money? So, I am not selling and I am waiting and I am going to profit from it as well I know that.

We just need time, if I went to sleep right now and wake up 6 months later, I know for sure that it is going to be something amazing, we just do not know when that will happen and we are worried about it while seeing the price going down.

This is true and I support your statement because BTC is the king without a doubt, for me I lived the bearish market but without having much money in BTC, I had a currency that was an altcoin, but at that time I had some ignorance unique, I thought that the BTC would never go down in price and that it would reach $50k and that from there it would never go down in price.

This was my ignorance, and I did not know that the market had certain facets of the market, the stages such as accumulation and distribution stage was something that I did not know existed, for me at that time I was so ignorant that I believed that the currency I had was going to be bigger than BTC.

Regrets do always come in the end that's why people do really make out complaints whenever they do see that they had made a bad decision which It did really result into a mess.whatever do happens whether there's a crash or bear market which we know that recovery is always next in line.

Learn something out of these market conditions which is something that's inevitable specially when you are dealing off with this very unpredictable market.

It has been known for a long time that most people are incapable of thinking for the long term, so while we understand that the price of bitcoin will eventually recover and reach a new ATH and that is why we are willing to hold our coins or even buy more, the rest of the traders are incapable of understanding this, so they sell their coins for a bad price and then they will complain years down the line about their bad luck, when it was their mistaken decisions which explain why they cannot obtain profits in the market.

I do agree that patience is a very important thing in crypto but it is definitely 100% more important when it is going down. People act as if it will never recover, and that is the reason why we are having so much hard time going back up again. It is such a simple task, if you see it go down, you buy.

Because it will always recover in the long run. I am not in a rush, but I am very sad that there will be plenty of people who miss out on buying at 30k and they will regret it later on. There are tons of people out there in the world who keep saying "I wish I bought bitcoin years ago" and not realize that years later when they say years ago, they would mean today.

I don't think most are selling it. What's the matter with most right now is that majority of us don't want to sell. We all want the higher prices and that's why we're holding it very tight. I don't think that even if a bear market comes, we're all going to sell. Unless there's a need in doing so and it's an urgent matter, you're justifying your action to sell but if not, you're just panicking because of the bear market. That's it, but to the ones who had experienced bear markets, right now, we don't want to sell and we want more to keep and hold and accumulate.

Stability or something in talks about sideways movement or consolidation period on where decisions arent still unsure whether the market would be going up or down and honestly this had been the hardest time

on making decision whether you do get in or would wait even more further for possible bottom price.This bear market could really give out those impressions that we would be having doubts or second thoughts
on investing which is really a very common scenario or situation which everybody will really be facing on and lets just accept that fact.

Alas, with each case, the market still brings something new. Most recently, everyone was buying bitcoin, now they are selling it .. There is quite a bit of stability.

The main lesson for a beginner who has experienced a bear market is that you should not hold the cryptocurrency, and you need to fix the profit in time. Otherwise, you will not have the money to buy coins at a reduced price, as you will continue to hold your depreciated coins.

We need to be patient, when people see that the market is going down and they are losing money their natural reaction is to try to do something to offset those losses, so they overtrade and instead they lose more money, the right decision is to simply hold your coins or do nothing and just wait until the conditions of the market improve, this may seem to be counterintuitive to some but in fact the markets can take advantage of your reactions so sometimes it is necessary to take a step back and think before we do anything and we risk our capital again.

It is necessary to sit down and take advantage of the patterns of previous market cycles, personally I have gone through more than one bearish cycle so I am not very surprised by what is happening now, taking profits and avoiding risks is a basic rule in any bear market, meaning that the trader must reap his profits immediately with any rise that gets the coin Because it will definitely fall again, of course we are talking here about the day trader or in the short term, but for Holder he will not be affected by all this decline because he set his goals in the long term and does not care about time, but he is waiting for the peaks.

Even someone who has been here for just 2018 to today, would know what's going on. However, bitcoin is such a new thing is that 10 years ago nobody talked about it, so when you look at 5 years ago, which is half of that, suddenly we are at 20k and everyone talked about it.

This shows you that even though bitcoin moves rapidly, the difference between 2012 to 2017 is HUGE whereas from 2017 to 2022 it is not that huge. Our peak in 2017 was 20k, and we are at 30k right now, whereas our peak before 2017 was 1.4k, and it was 20k during 2017 peak times. We are going up, and making a good amount of profit but that's majorly thanks to dropping low first and then going back up, not from peak to peak.

waiting and having a clear plan and clear analysis is the best way so that our waiting is not in vain, because it will be useless if we wait for a new coin that has no clear direction and purpose, unlike bitcoin which feels safe to wait, even without analyzing, but if analyze it then we can get a better price. and will get more profit too. but sometimes many people want a bigger increase that is on altcoins, so we have to be careful about that

Actually I do and that burns my money especially by doing it in the leverage trading. No one will have a 100% or even close to90% of winning percentage, at some point most are even at breakeven or at loss. Those winners are those who wait in it patiently. I am accumulating Bitcoin from now on, it's just regrettable that I focus in the past trying to get altcoins instead.

If you do tend not to get that too impulsive or highly reactive on market conditions then its better to avoid on seeing it from time to time or checking it out because its one of the problem on why

people do really make out immediate action whether panic sell or something in related on times like these which is really very that common.Better to wait up for recovery or something that do connects

out on DCA system which you should accumulate coins while its still cheap.Yes, its not easy something to be considered but it would really be ideal.

Stay calm, sip the beer and look out for investment opportunity, that’s all I learnt from last bear market and any of those that will come ahead. Currently I’m not even bothered because I know very well whether its bitcoin or altcoins they will follow the cyclic trend as they did since past many years. They drop, they recover, they create resistance and they grow to the next ATH. That’s what happening since many many years and current bear is no difference. Sometimes the reason is Simone, sometimes its war like stuff but its all same when it comes to recovering. So no worries, in fact look for more Investment.

I believe even if you came here like couple of years ago, you already experienced a lot of mini bear markets. And at some point, you already lost something owed to your investments. I don't think you will have a perfect record of always gaining from your investments. But if you are, you are one of the lucky few. What I am trying to say here, is that even if you are a relatively newcomer in this industry, by now, you already got some good tips on what to do during bearish season. And if you are a strong believer of bitcoin and you have money to spare with, I guess, you are slowly accumulating your bitcoin to prepare for the possible increase of bitcoin in the next coming days.

I think that the experience is quite clear and can help to understand the main thing - a lot can be expected from the market. Alas, sometimes I did not pay enough attention to this and thought that the market was quite stable.

It's not that difficult to learn if you really survive a bear market in crypto, the thing is that it will be expensive to all since lot are likely to buy at the top. Bitcoin isn't just about the financial value in terms of profit and loss, it's more than that though.

We have a lot to learn and we are learning but it is very difficult to learn or manage anything without prior experience in Bitcoin or Cryptocurrency. But when you talk about Bitcoin so many people avoid the topic, but if you want to gain experience or learn something new from the real market, you have to accept both profit and loss.
If you look at the behavior of the market over the last few years and look at the current market then you can clearly understand everything. You may get answers to many questions from there.

I will always remember DOTA and CSGO ads in the old days when they were paying Bitcoin to the lower prize winners, and US dollars to the top prize winners. That is how it also got skin traded as I was told,,, and always I wondered if those winners ever kept their BTC or not.

But totally correct, BTC has something useful that is apparent and available anywhere any time regardless of price. This is not true with any other altcoin perhaps except for Ethereum. Every bear should teach people this.

I could picture out that people aren't really prepared for that scenario, we got terrified and got panic.
And that year, people learn how to be ready and we learn how to hold. That is why, we see the current situation isn't too bad, in fact, we heard most positive views and market predictions, unlike those days (2018-2019) when people become too negative and many big investors dump their coins.

Kinda be saying that year is full of mistakes, might everyone does but eventually just corrected it. That is why we never see huge dumps as people aren't crazy enough to let it go and lose, they learn to be patient and that is too visible this time.

I am sure that most people who only start to invest bitcoin or other token  last year will be somehow get so lost right now, I've seen many of them in social media accounts, they didn't experience things these things before this market crashes, dip and bear market. If you get used to it you will learn that this is the right time to buy bitcoin, when other people are doubting, that's the time you can buy it for lower amount.

Learning through the bear market means that you have seen it go down and you have seen it go up again, which will gain you some perspective. You start to wonder if it always recovers after every bear market, and you check the regular market then you will know that stock market goes down a ton as well and then it will end up with a big return most of the time, that is a sad situation but it will be a similar thing in the crypto world as well.

The thing is that we should be focusing on something not so similar because crypto world should have been a lot better, and a lot stronger, but in the end just because it is similar doesn't mean that it is worse.

What we can expect? My prediction is simple, the market has to hit dip points and whenever everyone thinks it is not going to recover, it is the perfect time to invest. For BTC, hitting the $20k target first and then going back to $15k will be a dead zone for future margin traders and smart traders will long the top cryptocurrency at these levels. It is not late to go for it but chasing losses and adding more margin is not a way to trade, generally. Altcoins also will follow the price movement of BTC and the alt marketcap will go up along with lower BTC dominance, IMHO.

Add "nothing will rise up forever". That's the balance in the market because if it won't happen, the market won't be able to push for another high that we should all see after those corrections.

For experienced people, this is easy. No panicking will help you overcome the market but if you do, you're just adding fear to yourself and will make certain things that you should haven't done because of poor planning.

This is what I did but too early yet still, that's profit that I should call for and not a loss even it's very too early.

I learn from these:
1. Nothing is gonna be rising up, there will be always certain time to crash and rop market. And this is of course experienced by the all people in crypto world
2. Never panic with crash market cauze this will only break our mental and spiritual 
3. Always set the target of taking profits, because being too greedy is not wise

when crypto was still in a bull market, what I did was sell some and more than the capital I used to buy, so when the bearish season arrives, I'm still calm and lucky to keep holding it, until now, I can still buy it using my profit sell before. I personally am not very good at analyzing, but in that way at least my psychology is maintained, so that it suppresses the greed that exists within me. I didn't sell it because in this position I bought it for the first time, I learned this from 2017 to 2018

It's true what you learn is a good thing and very useful for dealing with bear markets,
because sometimes when a bear market panic will arise and that we usually make decisions in a hurry and that's not good,
indeed the market will stabilize again but we never know how long the bear market will last

The thing i learned from the last bear market is that to never resort into panicking and sell at loss. Even if the market falls deeply, it won't stay in it forever, and after a couple of months things will eventually start to become stable again. So stay patient while accumulating more bitcoin and established altcoins during bear season. And for that to make it happen, maximizing your purchasing power, we should at least secure profits when the market was still having a bull run.

Fortunately, for many mistakes that I made in the past years, especially during my early days in crypto it absolutely gives me learning and I carry and think this every time.

 * I'd learn how to be patient
 * I'd learn to accept losses and blame myself as the fault
 * I'd learn how to communicate with the market

But I think every day is a learning day. And we capture everything we do every single day and for us to assess if we are still doing it well or not.

Would really taught several lessons as a trader/investor like;

- Emotion handling
- Analysis on behavior (not precise)
- You do know on how to manage risk
- Patience

You would really be learning it out along the way thats why experience is the best teacher and comes after with failures
which someone should really mind off on taking grasps.

IF we assume that the bear market has started then all we can expect is a blood bath with minor corrections every now and then.
There will be some coins which will show profits in the short term but then they are bound to dump since bitcoin will keep dumping.
But then the sun will shine at some point of time when bitcoin hits the bottom and then the slow recovery will start.
I believe that this bear market will not be as long as the previous ones and we will soon see potential signs of recovery.
The only strategy for a bear market is HODL all your coins and start accumulating more by keeping on investing at regular intervals.
It's time to insert new money while holding the existing. Don't go all in but buy at regular intervals to get a good average price.

The bear market has really taught me a big lesson in the Crypto market. I lose almost half of my wealth in Crypto, perhaps I have learnt my lessons and have restrategize my steps in the space. Lengthy experience is the best teacher in the space and patience.  The last bear period lasted for a long period, it affects Terra Luna which trends in the market. My capital drains below my very own eyes, that alone taught me not to rush into buying a coin.

I started with crypto currencies in 2016. Back then cryptos where mostly a tool for me to quickly buy and sell CSGO skins. There were no verifications needed and it was so much faster than waiting for bank transfers, especially when dealing with international websites. It was also the first time I gambled at online casinos with crypto casinos. Unfortunately I converted all my bitcoins from back then to fiat money as soon as the first signs of a bear market appeared. I didn't look at crypto coins as long term investments what was one of my biggest mistakes. After a long break I only came back during the last big bull run. So my biggest recommendation for anybody is to not lose hope during bear phases. The crypto markets move in cycles and will eventually recover. Being part of panic selling right now is a bad decision, I will not make the same mistake twice.

The only thing I learned about the past bearish trend is to hodl and buy more when it's in the bottom or buy when it is in dip. No one can tell if it's already the bottom but if you think this is the bottom you always have a choice to buy more and keep accumulating since investing in Bitcoin is a long term process.

And the trend of market today may be a bit different but sooner or later weak hands will dump all of their owned BTC if they are afraid that Bitcoin might turn to zero as what the propaganda of others thinking Bitcoin is a bubble.

Right.

It's okay if things aren't going accordingly to your plan because that's normal. Being too smart and having little knowledge is dangerous during the market.

No one can outsmart the market and as well as making money is still possible during the bear. You just need to think of these sides so that you're guided and you won't go too much with what you've got in your mind.

Yes, I did.
The situation may be a little bit the same, this is the process of heading into the bearish era. The prices keep crashing day to day, the portfolio assets are also decreasing and still keep dropping.
What makes me still survive is not panic about the situation.
The difference between the last bearish and recent condition is that maybe I am more ready for this bearish era compared with the previous one. Although exactly I was little bit surprised with the very sudden bearish because some top altcoins still don't reach their ATH and now the bearish era is coming. But at least, I am more ready for this situation. What I regret little bit is about I ma late to take profits of some coins and the chance is lost, but no problem at all 

Although the price of Bitcoin has fallen quite deeply this month, it doesn't mean that now the situation is very bad for accumulating Bitcoin.
Because for me as long as the price of Bitcoin is still above $20k it makes Bitcoin still look positive, let alone we see Bitcoin is still trying to recover
with several times trying to rise above the price of $ 30k. But unfortunately every time Bitcoin hits the $30k price it still drops back. We do have
to be patient when deciding to invest in Bitcoin, because the price is very difficult to predict and very volatile. But we do not hesitate to invest
in Bitcoin, by having faith in the future of Bitcoin, then it makes us have the courage to accumulate Bitcoin and I'm doing it right now. Moreover,
I have experienced a bear market before, so I am not surprised by the current bear market. Because I believe this Bitcoin price drop will end soon
and Bitcoin will recover again, so I have no doubts to accumulate Bitcoin.

You would indeed experience it for yourself and realize on what are the things will really be happening on the market on a specific condition or situation.This isnt something that you could really able to control
yourself towards possible actions to be made like panic sell or something in correlated with impulsive reaction due to your emotions specially when you do see reds.
Once you had a good experience on this market then you are making yourself that aware on different conditions and situations of the market in terms of price
in between bitcoin and altcoins.

There is no positive sign? Maybe we could look at how we are not doing that terribly and the situation at hand is good enough to not care about the drop anymore? I mean we are getting higher because we reached a bottom of 26 and even 30k is a big increase from that, it's over 10% increase if you look at it that day. Not many people do, but they should because that is a good increase overall.

You may not believe that to be the case and you may think that we are doing bad, but the reality is that we are still doing terribly bad. Hence, we should just focus on how it is looking better and not look at what happened, but look at what's happening.

It is a pity, of course, that I learned this rather late, but I learned it nonetheless. Believe or at least just analyze the forecasts. Remember that this is very important.

Another good lesson is to not try to be too smart and just make simple moves during a bear market, people see the market going down and they think of investing in all kind of altcoins to try to earn money even during that difficult time and then they lose it all, it is best to invest in bitcoin or to remain at the sidelines and wait for the crypto winter to fade away than to invest in new altcoins, holding or waiting are both boring and easy moves and yet they are incredibly effective under the right circumstances.

The urge for wanting to earn more is what the main problem there and I'm sure all of us came to that point that's why last bear market season is really a good lesson to learn because for sure many people who experience that time lost a lot of money because the drop is unexpected and many think that price recovery will happen after that because there's a bull run happen for the past few months.

I experienced a bear trend in 2018-2019 and in previous years so I don't panic too much because I know that the price can be at any low level. What I do during a bear trend is just wait and do nothing but just watch the price movement. And sure enough, after that bear trend, the price gradually recovered and some altcoins started to increase and get new ATH and bitcoin prices were followed up as well.

So if this year is another bear trend year, I will do nothing and it will be the same as the following years. My advice, if you still don't know when to accumulate bitcoins or altcoins, don't force yourself to enter the market. We recommend that you keep waiting while continuing to analyze price movements and trends so that you can see opportunities to enter the market.

There are a lot of people who have this problem, whenever the market would be at its peak and increase, they wouldn’t sell their coins to take profits, or at least sell some of their coins to make some profits, they would keep holding it out of greed and expecting the market to keep going up and even believing in  ridiculous predictions that are being made by people who are not even experts,  and at the end they wouldn’t be able to take a profit at all before the market starts going down again. People need to understand that our need for investing is because we want to make profit.

There are many lessons we can learn from a bear market if we are to make a profit. Bitcoin is one of the most profitable assets to own and accumulate during the current bear market if we take advantage of market volatility. Long-term profit opportunities for this asset will be very possible although we do not get any guarantees about the future.

Buy now or later it doesn't matter, but always consider the risk and financial capability that we can agree to lose. It is important to remember that it is not only possible for us to make profits but we are also still likely to incur unexpected losses.

Bitcoin is the king and all altcoin way depending with bitcoin price, never hope with altcoin can push to higher price is the king as bitcoin still drop with lower price. My mind bitcoin make market bear or bull and altcoin allow with bitcoin values, depending when whales make many bitcoin transaction amount impact for bitcoin can drop and pump drastically, but really miss and hope when bitcoin can back higher price and check altcoin get higher price, very sad waiting more than one year still stuck on altcoin after bitcoin can't break out higher price.

For newbies I get it but more and more people active in the forum will have been here for over a year. Post history, account age, that means they've lived through at least one bear market. If they call themselves traders and yet can ignore the numbers and charts staring right back at them for years, then I guess they should really be looking for another profession (I'm kidding, they should be looking anyway to do a real job that doesn't pretend they're not gambling).

People will always experience the most pain from the direction of movement in the financial markets. You can sit on the sidelines and watch it grow exponentially, but when you buy it, it crashes, if you hold it, it flatlines, and when you sell it, it rallies. So far, this is my journey's learning.

Investing isn't everything. What matters is to be patient. While I have lost a lot of money during the journey, I also earned enough money so I have no complaints.

For years that im investing in crypto I experienced the roller coaster ride of the market and its not easy to go through it if you're not prepared for what you might experience.

I learned to be more patient, not to panic and also learn on how to set aside my emotion when it comes to my investment because it cant help to make a good decision.

Investing is profitable if you know what you're doing and aware of the risk.

I was there when it was bear market few years back. And it was actually hell. I've seen lots of reds, and not just any red. It's almost like a disaster if you're a trader and you hold those alts. I've learned so much from that. To no panic when bear market happens, just be as cool as possible. Grasp the situation, and make a fair decision whether to hodl or just let go of your bags and maybe entry again when the market recovers. The thing is, when the market goes down it goes up, eventually. But we need to know the best time to enter the market.

One realization.

Bitcoin is king.

That's the one that has been on my mind with the last bear market that I'm in. There's an appreciation with some top performing altcoins but they're all going to be on the back of bitcoin.

Your experience will teach you the lesson on what you must do as you enter the bear market. And then when it's done, you'll get the lesson that you should have held and didn't sell.

One very basic thing I learnt in the bear market is never sell your holdings in bear market in anticipation that you'll buy Lower, truth is nobody knows when the bear market will be overturned into bull market and everyone at that reversal will be anticipating price to fall even further. So only best Way is to hold onto your coins and wait for the next bull run don't see your portfolio. But yes if you need money desperately because you have to spend it somewhere then obviously this is an exception. But yes this learning is very important.

Yeah, I did, and that is a really tough moment in my judgment, as well as for many crypto enthusiasts who are experiencing their first market correction. The piece of advice:

2. Only trade with money that is not required for everyday living expenses.
3. Trading for a living is not an option for me; I need to supplement my income.
4. Investing is more profitable than trading.

Cant really be avoided that people would really be having that kind of impression on going back into those basic or traditional market price that we do have in the past even though its really that comparable

but all the possibilities are there since we've seen crashes lots of times but instead on freaking out then it would be good if you do really mind off on readying up yourself on times like this

where you do get in where everyones is on fear or hesitance on the bear market.Its hard to sustain if you do really make yourself that panic.

It's better to tether your profits now if you're still in green. Bear season isn't that palatable a thing to witness. It has wrecked a whole lot of people who kept thinking price would revert and they became profitable again. Sadly, price levels don't seem to hold during bear season. Everything keeps crashing.

It's true that price takes a beating after halving but that's a year after. I also learnt that a year to halving price picks. So, I will say from experience that one year before halving and one year after it are better times for Bitcoin. Anything else, is a trade risk.

I most certainly absolutely did live through a bear market and it was pretty crazy. Ethereum was $1400, and then it went to $80, and several times failed to break $100 level.

I don't consider anything in the past year since ATH even half as bad as that. If you multiply the ETH ATH from then to now, this is equal to seeing ETH back at $240. We're nowhere near that yet.

Of course I've learnt alot from my previous mistakes, and now much better to observe the situation and never rush to buy because obviously the market still not fine and surely it will cause losses only if we accumulate on this early stage that there's no positive sign of bullish to take over soon.  As always patience is a must on this kind of situation and we need to be smart prevent regrets, lesson learned!

Yes I did, and that's very tought time in my opinion and definitely also for many crypto lovers who are experiencing a bear market for the first time. The lesson:
1. The market will always change so don't think the price of the coin will always go up
2. Only trade with money that is not for daily needs
3. Trading to make a living for me is impossible, there must be other income besides trading
4. Investing is more profitable than trading

The gain happens as a result of market crash only. Because we always keep discussing about the bear market and how everyone is selloff off their assets. However, there are really two things that are happening during the bearish market - One is group of peeps who are selling out fear, while second is group of peeps who are grabbing the opportunity to buy more as the others keep selling. Turn out to be these are either institutional gainers and individual millionaires whose playing that role.

Its better to follow them so as we can have ample profits when market resets itself. Honestly, these big players play huge role in making market bullish again. Then again that other group starts following them like sheeps! So market jumps to higher sides quickly!

Exactly! Besides fiat, if they choose to stay in crypto, there are lot of cryptocurrencies that are stable, alternative of fiat is stablecoins and you can use that stablecoins to stake or deposit somewhere and earn interest.
Another lesson I learned before is always looking at the other side, don't hope it will always go up only. Not all cheap are worth buying.
And avoid altcoins that got the low market, because you cannot guarantee a huge ROI. For me, I rather hold Bitcoin and Ethereum even I will get few ROI in the future as long as I am safe.

>95% tokens die, those projects who keep building in bears are the ones who give huge returns when bulls arrive. Keep fiat so you can live off it while bears last and potentially take advantage in meltdowns.

^ Definitely right, those people who did not give a 100% of investing BTC will probably regret it now. There are a lot of altcoins that become shitcoins, look at XRP and BCH which is very hyped last year and now look at them. They are not worth it to invest in, we should stick to BTC investment because this is already proven as a safe haven investment. Another factor to consider is when there is a bear market comes, we should not get easily panic and sell our asset or called panic selling, be a strong hand as always if you really want profit.

The last bear market may brought a lot of opportunities to earn but for some, its also a source of their losses. And what i learned from that is never take chances from buying those unestablished coins and projects that have not yet proven their real utility cases. Stick to bitcoin and old altcoins. Otherwise, you will struggle when bear season comes as shitcoins will easily lose their value and worst is some may not even recover their value anymore.

Yes, it seems like coming to the cycle and approaching the exact bearish era.
But, the price of Bitcoin and altcoins will continue decreasing likely in the cycle, still don't know what the BTC price will continue decreasing at what rate. There is some certain predictions about the price of BTC itself.
Well, just want to see the progress.

The main lesson is it's nothing to panic.
The bearish market will be coming likely from the previously bearish market. In the last bearish, I personally felt so bad because of the decreased price that was very extreme, felt so stressful because there were all coins decreasing, joining projects with no payment and listing, well so bad.
And now, for the next bearish, I think that I am more ready to face the bearish era. No need to worry, stressful, and also panic. Just utilize every chance to get profits. If having money for investment, doing DCA of BTC in certain rate is probably one of my choices, moroever for Bitcoin, under $15k. Keep the BTC and wait for the next bullish era

I think the only people that should be afraid of bear market now are the newbies that are just entering the crypto space, if you have been in Cryptocurrency for a long time now I believe a bear market shouldn't disturb you because you should be use to it already, I believe during a bear market, it always give us opportunity to accumulate more coins and if you are not having any extral fund just hold the coin you are having, you don't have to panic and sell because the market will definitely bounce back and you will regret why you sold. So the only thing I will say is that during a bear market just hold your coin and wait for the bull run.

Everyone has their own way of making profit, and I am among those who choose to accumulate potential coins every time a bear trend comes.
And I don't think there's anything wrong with what I'm doing, it's true that sometimes we have to dare to trade short-term during a bear market,
but the risk is too high in my opinion. So I just take a safe step when I'm in a bear market, therefore I prefer to accumulate potential coins when
in a bear trend, and I have several times gotten satisfactory profits by accumulating potential coins in previous years. So in the end it comes back
to ourselves, just do what we think is good, because only we know what is best for ourselves.

This could be true because sometimes the bull run didn't last long enough and prices don't increase that much. The sad part is that bull run can only come rarely but the bears are always there. i think it is wise to take advantage of it.

Some will say that they are already taking advantage of the bear but that is only good for accumulating. They didn't have the guts to sell right after the price shows an immediate increase. Ethereum and waves are all solid coins and it isn't bad to invest on them during the bear but for the coins that you mentioned first, they sound like a new coin. It can be risky to invest on that kind of coins.

Yes, there are some altcoins that are really going to do well while we're in the bear market but that's a temporary pump. Later on, they'll also go along with the whole market going through the bear market.

Do not be surprised to see from time to time that there are coins that are green. It's always like that and there will be some charts showing green but if you look at the whole picture, they've lost a lot from its ATH and as it goes through the bear.

Those experts that have said that it can go $11k are not wrong nor correct. Just take it as the market's example of being volatile.

I have experienced through 2012-2013 period, then 2014 peak and 2015 crash, then 2017 peak and 2018 crash as well. I have been here probably during almost all big crashes and I have faced them all. At the first ones I saw that as a dangerous thing, and since bitcoin was a new thing as well, I thought "oh here it dies" and that was a mistake that I made, biggest mistake of my entire life, because if I bought there, I would have 500+ bitcoins right now easily.

When 2018 came in, I realized that sometimes it crashes and it is not a big deal, I held and did not sell too much, well I sold during 2017 peak which was awesome and then bought it back during 2018 but then held it all the way to 3.5k prices. This time around, not only I held, but I am also buying as well.

I have lived through such bear market before and my learnings are,

1. Don't panic. When ATH is temporary, the bear market is also a temporary phase.
2. Accumulate more if you can
3. Avoid FOMO at any cost
4. Always diversify your portfolio and don't invest only on cryptocurrencies

That should be enough to ride theough.

I'm not sure if every year the bear market will always come and ask for tribute. but what I experienced, every year there will always be big moments that happen. such as the popularity of NFT assets and meme assets that are much talked about in the community.
and now we see a big moment that is a new history for the crypto space. Luna provides a true rating and experience to anyone in the crypto space.
in every possible way. whether it's from a bear market or a bull market, we have to prepare ourselves to join the fast-moving train.

The bear market is what happens every year. It has become a norm that each given year, the crypto market will experience a terrible bear market that will shake off the weak hands and projects out of the crypto space. This year's bear market can't ascertain how deep it will eat into the crypto space cause we have seen a top coin like luna reduced to nothing. Only this incident alone has people's fear in people's minds about crypto. Let's pray that this year's bear market end so quick cos the majority of investors have lost their fate in crypto entirely. Those that understand how the crypto market operates will only take the bear market as the trier time to test the longevity of the token they hold in their portfolio(How long it survives), and time to even buy deeper.

Many...
1. I'd learn the feeling of being panicking and worried about losses
2. I'd learn that once our emotion controls us, you certainly have nothing to do
3. I'd learn that patience is somewhat hard to develop especially if you are a negative thinker.

As the situation came back again, all of these things changed. People had learned a lot and I believe they also change from what they did before where probably they know how to control their emotions and understand the volatile nature of the market.

What I learned from the last bear market are

- Most of altcoins will have more than 99% loss
- Many of altcoins will not be able to recover to their all time highs in a new bull market
- A few of altcoins will survive through bear market and if they continue to develop products well enough, they will be able to not only touch their all time high but also make a new all time high: Ethereum, BNB, WAVES are very good examples. They are altcoins from last bull and bear market.

Nothing new, altcoins go dump themselves when the hype around it dies down and they're left with their bare-bones project that was just used by rich people to suck the money out of newbie investors.

Erm no. Afaik they always get hit at the end, if you can read and short it then you may profit off of it but most of the time you'd honestly just lose money if you try to invest in general when trying with Altcoins, especially in the long term. There might be a coin that could perform well, but that's kind of a lottery tbh when it comes to finding one.

In every Bear Market 95% of the top 10 Coin Market Caps are always replaced with new ones. Surviving in the bear market for altcoins is quite difficult, they must compete at least to show a strong reputation in the market and in the eyes of investors and traders.
I'll make a shortlist that lasts every Bear Market: (excluding Stablecoins)


FACT: BTC BITCOIN WILL STAY AWAY

Just expect lots of alts, especially shitcoins with no real use case, to dump so hard... You will see most of them going up to 90-99% and never expecting them to resurrect again. Some coins will perform well in the bear market, but they will be very few, and the joy will be sort lived.

You can buy coins at any point in the bear market in preparation for the bull run, but be ready to be patient and there is also some bit of luck if you buy a shitcoin that will pump beyond 5000%

It's FUD news which I really hate, we're already at the bottom in the $25k price and the $11k is unlikely will not happen and I don't believe it.
But you're right, it's now the time to accumulate as many as you can, soon the reward will have come.  However, I didn't easy to convince investing in altcoins even if it has a good and promising network.  Time will come they will become a useless coin when someone better than them will come.

You're totally wrong if you don't stick to Bitcoin.
Altcoins are very risky to invest in than Bitcoin, if you want less risk investment, just go to Bitcoin nothing else.

The last bear market was hard actually, that you are not profiting and just sitting back while waiting for the market to recover. This made me realized that the market will always go through its own cycles no matter what so we better lived for it. And keep the patience during bear days because its the only way you will never come into losses. And as much as possible, take time to sell your coins while their prices are at peaks, becaus when the bear season comes, you will only be buying and hodling all the time, and there are no profits coming in.

And we will never know when the market will recover again so its best to sell our coins once halving is done and while the market has not turned into bearish yet. And one thing i've learned too is to secure as much profits as you want and prepare for an incoming bear season. That way, you will never struggle in buying cheap coins, and will always have all the funds to maximize your purchase when all the coins are on bargain.

Congrats on your first experience, LOL

I wouldn't advise you to be too hard on accumulation or diversification. It all depends on how you are prepared for a worse market scenario, even a credible trader will not speculate 100% accurately. Accumulation does not mean blindly buying at once with the remaining funds. Accumulating at several price support points will reduce the level of losses.

It does seem good to sit back and relax while we have the bear market in the majority of the coins that are tradable. I do hope they will recover and make waves again in the market. I still believe that you can basically make things happen if you are part of the general traders.

Most of the coins that are endorsed have been traded already so it would be hard to recover all the losses.

The thing that I learned in the bear market is patience because you cannot control it tbh.

Perhaps one of the first things I would do during a bear market ( which I have already done ) is to exit your positions as soon as you sense your heading much lower. I exited LUNA for instance, around $30, next day I checked it was at around $1, so that was a good move. You may think prices are low now, wait till Bitcoin hits 11K. And yes, this target is from a credible source, he's a bit of an arrogant prick but he's been in crypto since 2010 and his predictions have been on point twice before.
The other thing I would do is exit your centralized exchange and learn MetaMask and DeFi. In fact, learn as much as you can about investing and crypto in general. Now that nothing is growing it's the time to prepare for the next cycle.

When we talk about a bear market what we mean that is that the market in general is going down, however there are always exceptions to the rule and some coins will do well during a bear market, however if finding a good coin is already difficult during a bull market, then finding a coin that does well during a bear market is even more difficult, so the safest strategy is to just endure and accumulate some of the most solid coins in the market and forget about new altcoins for the moment as the chances you will find a good one are incredibly low.

I personally don't have a strategy especially in trading & investing against the bear market phenomenon that has happened lately, for me it's not a real Cycle for a bear market.

It's not time to have a strategy and go back to 18-19, I believe, there are times when I have to determine the best for myself in doing something strategy and choose and save it 1-2 years in the future.

To be honest, the market has taught me a lot lately. I have been following the market for a long time, but the last years have become more and more fun.

Some of us might remember 2015 when Bitcoin was only worth about $200, and if we take into account that it reached over $1100 before that, for some it was also an unpleasant experience. 2018 was still much more predictable because we knew that there would be a correction after 2016 ended with more than 100% price increase, and during 2017 the price increased as much as 20 times.


I won't say it's impossible, but I wonder what these so-called experts are basing their speculation on? I hope you haven't listened too much to various influencers, because they are just looking for a sensation that will attract as many followers as possible.

If cycle theory makes sense to you, then assume that after 2024 halving we can expect a new big bull run again, and the question is what will happen by then. For those who invest in the long run, this issue is not too important, because Bitcoin is quite cheap if we take into account last ATH.

As for altcoins, I don't want to comment on them because this is a board for trading about Bitcoin - for everything else there is Alternate cryptocurrencies.

No altcoin excaped the bear back in 2018, 2019 including etheruem. It all depends on the time that the bear catch up with the coin. If bitcoin goes you expect the bear in general. This is the experience I have learnt so far.



Looking at what is happening in the market now since the halving this seem to be the truth. It is a lesson that should be learnt that after the halving of bitcoin expect the bear correction. Back in last halving same thing happened when bitcoin price crashed from 20k to below 4k. This is playing out again and all coins crashing down.

Yes I did and it was tough indeed no matter if I have invested in some coins or tokens, or joining airdrops and bounty programs, etc., it’s definitely a terrible experience for me back then. I regretted not selling at the top before the great Bitcoin crash started. But thanks to my continuous gigs back then in 2018 to 2019, I’ve managed to sustain them and continuing my advocacy to spread awareness and educating the masses about Bitcoin and cryptos.

I learned my lesson back then when I was still in my first year in doing Bitcoin and cryptocurrencies seriously by not being driven by FOMO, never sell at a loss, never be greedy, etc.

I was around last bear market season and its really devastating especially I lost a huge amount of money for thinking that price will recover after the dump. The only thing I do know which I learn from the past mistake is never to hold any crypto when halving is already done, sell and secure your profit since mostly after halving the price dump just like what we see nowadays.

I wasn't around on cryptocurrency from the last bear market and I haven't got much of a crypto portfolio at the moment but from the cries I've heard people cry in this bear market and the shift it did on my little holding, the bear market isnt a very good friend to holders.
Yeah, it might create a buying opportunity but, that's for those that have got funds outside the market to invest in the market. Or those that saved the values or there holdings in some reserved stable currency. So you can determine a dip or low and buy right there to increase your holding.

I realise, it's not a time to sell, nope, not at all and to do that successfully, one have got to have some means to cash outside crypto to keep up with the bear market. That's why you shouldn't take crypto for some full time job. As it won't be easy in the bearish periods as, its a time to keep holding and invest fresh funds to maximise profit.

So lets go back to 2018 - 2019

Market cycles are full of patterns so I think it's time to sit back, compare and try to come up with a good strategy for the next 2 years.

Assuming we are in a bear market, what can we expect ? Let me first just say that this is my first bear market, so I feel a little unprepared as I lost a huge amount of money ( I'm still in the green fortunately )
It's tempting to start "accumulating", however, Bitcoin is expected to hit a bottom of 11K by some credible experts, so buy now and cry later kind of thing.
I see some Alt coins going past the negative 90 % mark, with some like Star Atlas ( one of the biggest play to earn games in crypto ) approaching the negative 99 % mark. Many other projects find themselves in a similar predicament, but I just noticed UMA, Injective Protocol and Super Rare pumping hard today and yesterday so not everything is in the red. Can we expect some sort of a trend here ? Are some coins bound to do well even during a bear market ? From what I've heard, early ( 2018 - 2019 ) investors in Theta, Chainlink and Ethereum made huge gains even before the bull run started late 2020. Chainlink especially went parabolic, but then crashed mid year. Early 2019 AAVE investors also did extremely well, 5000 % gains from what I hear. All this during the bear market. Gains that were comparable or even better to the bull run. So am I reading it wrong ? Let me know.