Bitcoin Forum

Just how bad is the bear market right now?
Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.

The market price is still looking bad for those who want to sell their coins in this celebration season, to be patient with the current price so that they will not regret when the price increase higher before the end of this month. I know many investors are not happy about what is happening in the crypto market, because the best solution to it, is to continue holding not to panick because the bullish season is very near for long term investors to experience positive change from the market. I believe, this situation will not remain like this till January because there are some signs altcoins and Bitcoin are displaying for investors to believe that there is a bright future ahead.

Bitcoin Slowly reaching 18k dollars isnt that bad at all considering that we are near closing the year so how much you wanted to see the effect in altcoins ?

https://coinmarketcap.com/

as we can see that almost every good altcoins are moving up though not that High but staying at green is better than continues dumping/

but what I wanna see is the altcoin movement early next year , maybe another Bear will take place and bring some opportunity to buy more.

There is a way to quote a post on the forum that I don't think you understand. The previous reference should have been buttressed or opposed with this post. It can be considered spam.

What's happening now is almost the same as what happened in 2018 and it's like a cycle, bear markets will always look bad because a lot of people have lost a lot of money either because they bought at the highest price or because of the drama that happened recently, but it's not right to say that this is the worst period of the previous bear market, we consider it bad because that's what's happening right now so our memory will always be on what's going on.

the crypto market is not as bad compared to the 2018 bear run, though the bear is not yet over. It is obvious that the crypto winter continues into 2023, and there is no end in sight, just in my opinion. As I observed the movements, it looked like the bear would go for a longer time than we may have expected.

Very bad, it's the first time that we are below the previous all time high. What I mean is that in 2017 our all time high is $19+++. And so look a the price of Bitcoin? it's just $17+++ and it's the first time that we have witnessed this kind of movement.

And this is just the beginning, 2023 is still considered a bear market and so we have to endured that as well same as 2022.

Yes, we don't want to see this kind of price, but we can't do anything and so we will have to face it.

I would answer - not forever! Why did you decide that the bulls left the crypto market forever? Sorry, but ahead of the crypto winter, and then the rise of the entire crypto market. Buy while it's cheap, and fill your bags with tokens like UPCG from UpcomingsDAO's ongoing Airdrop. Closer to March 2023, it will be known! And while the bear's attack.

It's already that bad, we have seen the collapse of FTX and Terra Luna and we don't who will be next.


Historically before then next bitcoin block halving and right after it's all time high, the market will be in a bear market. So 2021 is the last all time high and 2024 first quarter is the next bitcoin halving. So you do the math and you will see how long this bear market will be.

So just remember that we might see another bearish cycle for next year and it could be cold just like this year.

The market is currently still in a bear market but we are lucky that the price is still holding on to the current price because the bitcoin movement is also not decreasing further and the price is even stable at $17k. Hopefully, next year can bring changes to the crypto market and make bitcoin and altcoin prices increase higher than now. And even though we still have to wait for the market to change to a bull market condition, that's okay because the market price doesn't fall too deep either. We must wait in the current conditions and keep hoping everything will change soon.

I would be expecting some changes as the year end closes in, but that is classically known to be a bear run, so I am not sure whether it will end  up being a prolonged bear market or a bullish trend, consider the fact that prices of major assets are inching upwards currently.

While every bear market is bad, comparing how bad or how good will not result in anything fruitful. Rather it is the amount of assets that you can gather during this "hunting season" what matters. Because when the bull market starts, prices will go beyond your reach for weeks and at that time everyone will sulk around saying that they dont have the asset at hand to sell and are panic buying shitcoins which might be within their reach will huge chunks from their salary, eventually leading to disastrous outcome in the next bear cycle.

It's not so bad like 2018.  :D

Then you shall also try to see what happened in 2020. The price of bitcoin gone to the lowest rate. It seems like that the recovery may be even shorter than before, this time people started to realize how important decentralization. The bearish market is not so bad as bitcoin was getting the new bottom.

Not as bad as 2018. You know why? It's because, 2018 was worse than this current bear market. But still, those that have bought at the top for this cycle might say that this is the worst bear market that they've seen and there's no need to argue with that. Anyone who's at lost is free to say what he thinks with the market, if it's not profitable as much as he want to be and dwelling in losses. That's how bad this bear market is and no one can skip it.

I don't know why some people are trying to downplay the fact that BTC went from $69K ATH to $16K as not as bad from the previous cycle's drop of $20K to $3K. Percentage may not be exactly the same but the numbers suggest it's really bad. Maybe the positive take there is that prices wouldn't have reached these low levels if not for the Do Kwon and SBF cases.

I think it's not that bad if you were only just doing DCA and holding but if you are planning to make a profit during the bear market I think it's so bad that you have to endure too much just to get that desired profit. Ever since the FTX incident it didn't recover yet from that devastating event. Maybe if SBF return all of the assets lost of most investors who used his exchange maybe the price would pump up a little but it's all just an speculation if that's going to happen.

Every Bitcoin cycle there's this one time that the market will look like it's over to almost everyone but not if you know how the market works.

And also, I think most people who invested on Luna still suffering from the losses and hardly trying to recover.

If I had to compare the bear market this year to others in the past, I wouldn't say that this year was worse than those in the past. However, the one negative aspect of this year I can think of is how investors lost money due to the FXT exchange and the luna crash. Only these two incidents cause the entire cryptocurrency industry to tremble, but thank goodness the market held up and didn't crash like it did in 2018.

I know that everyone feels bad about the bear market after it lasted for a long time more than at any other time, but in times of crisis, wealth is made, so we all lost a lot of money during this bear market, and the collapse of FTX and the collapse of Luna made it worse, but the good and interesting thing during the bear market is that the prices of the altcoins are cheap now we can buy them at huge discounts, aren't these promising opportunities? Also, this time, despite its badness, gave us a lot of lessons and we gained a lot of experience during it, one day we will witness a bull market, and these difficult times and crises that the crypto market is going through may remain just memories, so be optimistic and invest in what you can lose.

Might be one of the worst and longest bear market, and that’s ok because this is a good opportunity to accumulate. We might never know when this market recovers but I’m still positive for a great bull run and I know it will still happen in the coming years. Bear market seems to be more strong for this year after so many devastating news about big projects. Maybe the next bull market will start to happen a year before the Bitcoin halving.

I do agree it's really that bad, just entering the first year of a bear cycle.

And next year could be worst, we could see another catastrophic event or what we call black swan. It doesn't mean that there could be another exchanges collapsing, but maybe there could be another FUD that can pull the market on the brink of another all time lows this bear cycle.

We just have to accept that fact though that Do Kwon and SBF has something to do with how the market turn out to be this 2022.

It's very obvious that the market situation is bad. We've seen the price going as low as $15k, -74% from our last all time high just a year ago. ETH is down -73.18%, BNB is down 61.09%.

So that's only the top 3 crypto, what else if we look down in the list? I'm sure that there are a lot who has -90% or even higher.

The scary thing is that it's just the start of the bear market and what others have said, next year could be worst, so we need to get ready in the next 12 months still because the market should still be in the shaky ground.

Crypto market cycle is repeating itself thus bear market itself. Nothing worst than bear market but I think that bear market right now isn't that much worst compared to the bear market we experienced last 2018 which is very devastating. This is why I'm still thinking that in our current bear market, we still have a room for more bottom price in short it's still not over. Or Am I just experienced the worst and expecting it to happen it again this year bear market? If our current situation escalated in deeper bottom price, I assume that won't be shocked or affected that much anymore compared on what happened on the past bear market which makes me devastated.

Honestly, I'd never look at the market condition badly compared to the previous bear market. If we compared the price of Bitcoin which reaches $3,700 in 2019, it was too far from now, multiple times. The market is still healthy, that is what I see and never I think we fall like what happened last 2019. So we need to keep calm and never think about the past because this could only give us a reason to worry.
We fall and we recover - just have these words in mind.

https://i.imgur.com/zTnnk2X.png
https://coinmarketcap.com/currencies/bitcoin/

This is bad if this is your first time to experience bear market, but i’m sure there’s always a story on every bear market and in the past few years, cryptomarket still prove to be better. Recovery will take place very soon, don’t panic if you are holding good coins because they will survive. This might be a rough road taking the peak but many believes that Bitcoin and cryptomarket will rise again and this bear market will be more worth it.

The glass is half full or half empty and it will depend on your point of view and interpretation. Therefore, for some this moment is very desperate and for others it's a unique opportunity to fill big backpacks and wait for the bull summer to arrive. In my opinion this moment is part of the crypto cycle.

It's apparently not that bad. It is clear that we are in the middle of a bad market right now, but look at the prices. Bitcoin is at $17,000. Ethereum is at $1,200. That's a lot better than the last time we had this really bad market. So although we are really this bad if we compare it a year ago, we are not that bad if we compare it with the past bear markets. So all in all, we have actually grown a lot. Adoption has been growing. Bitcoin has been reaching new supporters from all around the world.

The next time we'll be in this kind of bad market, we'll probably see Bitcoin at around $80,000. So let's make the most of this terrible market.

In comparison to other bull markets? I mean back then we've had an instance BTC of going up to $17k and then down below to $3-4k, pretty sure we're in a much better state compared to then if only comparing the ratio. I reckon it looks big because the peak of the current market was also pretty high. The FTX issue may have brought down the market a bit, but pretty sure those would only affect the market in the short term, as long as people ain't dumb with their coins again. I'd say nothing was as bad as late 2018, or early 2019. Yet anyway.

This is in consideration of Bitcoin though, which in general is followed by altcoins afaik.

actually bearish like this has happened in the past few years and almost 60% -70% the price of all coins fell very deeply.
but some people are sometimes so new to crypto that they always ask about bearish like this.

yes, at the moment the bearish is going on for a very long time, but what we have to know now is the right time to start investing again in the right coins to wait for the bulls to come and see the ATH price of the coins we hold later.
maybe, there are some people who have big loss after investing in some earlier coin or altcoin who buy and hold it till today. but you don't need to worry, even though the bears are still hitting the market, of course the bullish times will also come to give unexpected surprises in the future

The current bear market is not as bad as the one in 2014, but it's still pretty bad.

The main reason for this is the collapse of the bitcoin price. In late 2013 and early 2014, the price of a single bitcoin rose from around $100 to over $1,000. This led to a lot of speculation in the cryptocurrency market, and when the price started to fall, many people got burned. As a result, there is now much less interest in bitcoin and other cryptocurrencies, which has led to a further decline in prices.

So far, the total value of all cryptocurrencies has fallen by more than 80% from its peak in January 2018. This bear market will likely continue until there is greater clarity

If we look at the history of the crypto market, especially bitcoins price, the result is quite amazing because of its past history of recovery no matter how down the price was. It never sinks to the bottom after any tragedy it has been through that it never recovered from it. Today, you just need to grab the opportunity if you have some extra money to spend on investment because this kind of chance is rare at the same time, you also need the requirement to know the right coins to invest as well but if you are not really sure which one, then stick to bitcoins.

You shouldn't think about how bad the market is right now, and it's better to consider how you can use the current situation to your advantage. It will make you do a deeper analysis to find the answer to determine when you can enter the market to buy bitcoin. If you see it as bad, you probably won't even try to buy bitcoins right now because you're worried the price will drop even further. And when the price experiences a price reversal, you will be too late to buy and regret it.

Altcoin prices are very good right now, I don’t even know if it makes sense to wait for an even bigger drop, because many of them are very cheap. You can buy now and leave some reserves, they will never be superfluous. I think that starting from the spring of 2023, the situation should change for the better, the bear market has become very protracted and only the persistent will be able to survive and wait for better times.

For many altcoins, it is not really looking good . I recall one of the conversations I had with my friend over a cup of coffee that he is a little bit nervous on how the market is going lately knowing that Bitcoin is going to dip below 50k  and surely altcoins are going to follow along since investors are dumping now.

It works for Bitcoin for sure, but we all know how bad it goes to many shitcoins out there. It just stays flat as dead. I would keep holding and buying Bitcoin during these days if I were some of those investors.

I feel like this is alright and it's not doing that bad and I feel like there shouldn't be anything problematic. I feel like this is going to be something that is understandable at the current time and I am feeling like it's going to be a bull run very soon.

I guess there is a good chance that we could be seeing a new All time high if this keeps up, there has been this stuck and just like gas, if something is stuck for too long, eventually it will blow up and the market will be like that. I feel like the current situation is definitely something that could make sure that we are going to end up with a breakout price situation and we will profit.

Rather than thinking how bad the bear market, it is time to think how good the opportunity have arisen for investment. Most of the users have made themselves adopted to the market and aren't pushing themselves towards bull market. Though the market is bearish, there is regular fluctuation and the same is being used as an opportunity. It is proven, whenever there is bear market the same gets followed by bull season. Only choice left for us to be on the safer side is to hold with patience.

Its not bad as we see as before and also rather thinking about negative things because you see the price is dumping, maybe try to see it on more positive ways since by this time there are so many cheap coins are worth to buy and we can take advantage to accumulate some since many traders also doing this when bear market season occur.

Hug the dip. Accept the situation as nothing we can do about it. Besides, for experienced ones, it's not the first time they experienced a bear market.

We won't learn if everything will always go up. There are lots of genius during the bull run but left dumb during the bear run.

Instead of treating the bear market as a negative thing, make that your advantage by accumulating more coins.

Indeed. The bear market is bad for investors who are already losing their patience to wait because they want to take profit. But if we track back the past history, there are much worst that happened to the market yet many coins are able to recover back. What I mean is, use this season for your own benefit by buying a cheap coins with high potential to increase once the current season is over.  Weak investors can't think of positive decision to commit during this time, but investors who used to this kind of situation, they know what's the best thing to do.

It's better that way we don't need to panic with bear market conditions,
when we panic then it becomes a problem because we tend to make wrong decisions,
so as much as possible take advantage of the bear market to make a profit and it takes patience

for beginners, of course, panic is natural, when you see market conditions that continue to trend down. especially with the depreciation of the value of assets owned.
but true, it will provide valuable experience. they can learn how market conditions can change when we can patiently wait for them.
some beginners will stick with their learning. it will give them a good experience. but some others, I believe will exit the market with a loss. either coming back or not.

I don't know about Black Swan but it appears they already have the next target that could cause another blow to the crypto market.

Binance isn't off the hook yet with the FTX downfall. CZ and Binance is being blamed again because they allegedly refuse to "help out" in the expansion of FTX in other countries. SBF and his team had no other option but to buyback the 20% shares of Binance in the company which was supposedly worth Billions. This info from recent CNBC's interview with Kevin O'Leary.

Sounds outrageous to me but the FUD against Binance is floating around.

The "bear market" is a subjective view of the current market. Depending on which angle you are looking from, it could look bad but it could also look good. Thats why I always look at the prices from a yearly chart perspective. If you invested 1 year ago, would the current price be a profit to you? If yes, then the bear market is not as bad.

We have seen worse, scary dips and dumps in the past. The current corrections are very slow and can be avoided if you check the prices at least daily. Back a few years ago you would need to keep an eye on the price every second hour in order not to lose half your money in a surprise dump.

The market is not as bad as it used to be. Certainly not as scary.

Down trend with bear market right now happen before FTX collapse before giving bad situation with FTX exchange market close and suspend withdrawal fund, I don't think until end December down trend market will stop and bullish coming for next year. I am scared when Binance make FUD and I don't think they will stop with other exchange market become the victim like happen with FTX.

I am not totally agree what Binance did made FUD and trying monopoly with exchange market, Binance can stop to make FUD with other exchange market and many people loss their fund in FTX exchange account.

A bear market will probably affect the value of the cryptocurrency you own, but it is not always a sign that the market will continue to fall. There are many factors that can influence the price movement of cryptocurrencies, so it is difficult to give a definitive answer about how bad the bear market is at the moment. It's a good idea to discuss with a financial advisor or financial expert for the right advice on your investment in cryptocurrencies.

You are right, even before this there were many questions about this. But we will not get definitive answers to questions like this. The market moves up and down and this is something that naturally happens. We will always see a bear market in a certain period, and this period is where we can see a bear market which causes a lot of panic among the users. This is also inseparable from the incident that we saw some time ago regarding the destruction of a project that was even quite large.

So many hodlers hope to be able to sell their token this period of celebration but it seems to me that it might not be possible because if they decide to sell they might be selling at a loss and no one wants to be at a loss in their business.
And even those businesses that accept Bitcoin as a means of payment I'm still wondering how their businesses are doing now in this bear market.

So I would say that the market is pretty bad for those that are hoping to use their funds in this bear market. While for those who are not concerned it might just be an opportunity for them.

That is exactly how it will be this time around as well. I know not many people believe that but I am 100% certain that we are going to end up with a recovery yet again. This means that if we work towards just buying a bit each week if we can, and hold it as long as we possibly could, that will result with a big profit. I am not saying that it's going to be that easy, it will of course but a bit hard but the hardest part is the holding part.

If you can just ignore the current price, and focus on what it could be, then we are going to end up with a good profit without a doubt. I just hope that people do not forget that they need to make sure that it's going to be a bit of a trouble if they sell too early.

I would say the same as always, it depends on when you entered! This bear market right now is bad for people who started investing in the last bull run! But if you think about the people who are in long before that it's totally different picture, some coins are holding at some prices that are higher compare to the ones from a few years ago.

This bear market is not bad. At least not yet, I think we didn't touch the bottom yet.

We're just good. We just see the real scenario of the market and if we take a look at the past bear market, we will really be thinking we are too far from what happened before. Despite the market crash, I remain optimistic about the market as it recovers sooner. I'd never think about the worse scenario but what we have now is another opportunity given to us, especially for new investors.

If we are just looking for the negative views of the market, the more we got disturbed and can't even think of the right thing to do.
Trust is really what we need.

I am not really worrying about this current bear market. but I am worried about the next wave that may crash the market and will worsen the market. Moreover, currently, there is so many big FUD that will give a bad effect on the big platform. After the fall of FTX, I am starting to worry about other exchanges. This FUD may keep continuing and will probably make the market worse again. But whatever happened, be patient and never panic, so that you can control and manage yourself during the worse bearish market again

If you are worried about using centralized exchanges, then, get out your funds after you finished trading.
At one point, we do need to use their services, so we can't avoid them.
This bear market is always part of this market, but I do believe that we will get out on this market trend.
If more people are getting into and learning about the benefits of crypto, there's always hope that we will bounce back.
Just a matter of time when we will see the line moving up again, and by that time, one should be prepared so as not to regret why you didn't do anything while the price level is relatively low.

but I'm sure, some people will think about entering the market. even still doubtful about the potential for a deeper market decline.
the moment is indeed good to collect more assets. because most altcoin prices have also decreased. but reconsider the investment planning that we do. we've been in a bear market for quite a while. too much negative news lately. we will see the market opportunity to grow again in a better trend when market adoption has improved.

It's bad because I still keep seeing that bad news about FTX and about people whining about their losses and the market having a hard time moving up because of too many FUD this 2022 is one of the hardest years for the industry as two of the platforms in the industry Luna and FTX gave us the biggest fiasco in the history of the industry, 2022 is forgettable but we must not lose hope 2023 is just a year for another halving and there will be more great news coming to stop from the likes of FTX and Luna from happening again.

But that's the problem itself. People cannot help but to panic simply because they are seeing losses. "invest an amount you can afford to lose" is just a phrase and most of the investors would agree to it but cannot really stand market dumps in this industry and that I think is normal. People are simple different from one another; some can endure and has long tolerance with market inconsistencies. Taking advantage of the bear market is not for everyone. Why? Could you add more amount to your 'losing' investment? If you can afford then that's good but majority won't; some are even giving up.
This is because such thing does not happen on a usual basis. Also, it is a big project and that makes it no longer surprising why people especially those who suffered huge losses, cannot move on with what happened in an instant. Just let them reflect into it. But that's indeed true, FUD happens just because of it.

I do not think the market is that bad right now.  Actually, I think it is good for accumulation.  If we only accumulate low-priced potential coins, there is a possibility that we will have a huge profit when the bull market comes.  While others think that the bear market is cursed, I think otherwise, I believe it is a chance for those who missed out to get into the market and accumulate future profit.


Well, the longer the bear market is, the sweeter it is when the bull market comes.  That is what I always think whenever this kind of event happens.

The good coins only are the good ones to have but I know that everyone is having the idea that it's also good to have some bets and pick those low-capped coins that might rise in the next years.
Those that have seen pumping that much and it's what they're trying to do with some other altcoins that haven't pumped yet because it's like a lottery that could bring in thousands to millions of potential profit if a crazy pump does happen. It's going to be a common strategy for most when they've seen it happen to others.

If they choose an altcoin just because it's like a lottery and choose it randomly without research, they could fall into the trap of choosing the wrong altcoin.
It has happened before and many people have suffered huge losses because the altcoin they chose did not increase like other altcoins.
This is where we have to be really careful choosing the altcoin because it has a big risk if we choose the wrong one.
And if they are having a hard time choosing an altcoin, the only way it might be is to just pick a bitcoin and hold on to it until it goes up in price.
That would be better than being confused about choosing the altcoin in a bear market like now.

Perhaps it was a suicidal move but we can't deny that many people make a huge profit from investing in hype projects.
Just imagine about 1000 times ( or more) the price increase from a shitcoin, that is really big money for the investors, and people have kept that motivation that one day they get such a thing. Though we know the risk of investing in these shitcoins, many people still aim for their luck in them. They keep buying altcoins and hope for a huge profit when Bullrun comes.

The price of a cryptocurrency can fluctuate significantly over time, and there is no guarantee that its price will continue to rise or continue to fall. It is possible that low cryptocurrency prices can last for a longer period of time in a bear market cycle, however, this cannot be considered a certainty. There are always risks associated with investing in cryptocurrencies, and it is important to understand those risks and decide if they fit your risk profile. Before deciding to invest in cryptocurrencies, it's a good idea to do some research first and understand the risks associated with those investments.

It's just like some choice and strategy of being hopeful that it will be good as is. It's okay for those who are doing it if they're careful or not because they will still have the time to look at it even if they are on the verge of losing.
For someone who's having a hard time choosing an altcoin, it's on them to feel the hardship but it's not that hard at all when you've got to pick the top ones and those that have the reputation already that are unlikely to rug pull.

It's a hype and trend that we've seen that many have really made profit but also, we saw those that have been rekt and lost money due to it.

how bad is the current bear market? if you look at the price drop that happened yesterday it's not too bad because the price of bitcoin only fell by about 5%. but if you look at it as a whole there is still the potential for the bitcoin price to drop to a lower price. I often say if the bitcoin price touches $ 17k, it is very likely that the bitcoin price will continue to fall to $ 13k.

this is my first bear market, in my opinion the current bear market is still running normally and smoothly, because based on the news that I have seen and heard, it is said that bitcoin has experienced a worse bear market than this. but in my opinion the bear market this time is quite good because the decline in bitcoin is not up to 90%.
and it is understandable that the current bear market can also be caused by a downturn in the world economy. so naturally if there is a bear market like now.

I really feel bad about crypto, even Binance they are trying to have some legal issues. Once whales successfully suspend Binance from operation many people will try to FUD and there will be a mass withdrawal. The bestway to secure your asset is to save your cryptos in cold wallet stroage.

I've been into different market cycles through years and my personal view about the bearish season has been changing yearly. I used to see it as a bad thing and I also thought that I could just lose my funds in it but I started appreciating it when I saw its importance. I've realized that the bearish season is an open opportunity for everyone to buy and accumulate potential coins. It isn't something to be feared but it's an opportunity to buy and hold.

And everyone's choices and strategies will be different so we may have our own choice to choose bitcoin or altcoin.
Regardless of what our choice is, we must be able to analyze it before deciding so we don't choose the wrong coin.
Current market conditions are declining again, causing some altcoins to experience another decline and some altcoins to decline sharply because bitcoin is also declining.
But this is a good time to accumulate bitcoin or altcoins that have the potential to increase so that we can buy them at low prices.

That's precisely what I'm thinking, I'm pretty comfortable with the market falling more. Simply because I believe that the market will never die or disappear just because of a few crashes, and I believe this time the market will also recover and rise again. Of course, there is no guarantee that the 4-year history will repeat, maybe the bear season will last longer than we thought, but after all, everything will recover. Therefore, the bear market is an opportunity for us to shop comfortably at extremely low prices, why be afraid?

I guess maturity comes with experience right guys? yeah, we have been in this kind of situation before and we all past that big litmus test when we are all beginners once. But now we have the experience already and so we somewhat are not affected by the bear market and if you look at it, we still have a full year ahead of us, and so many things can happen, worst, but we all gonna take it easy and have the patience to survived and then eventually their is light at the end of the tunnel as we will see that bullish cycle in 2024-2025.

It is where many are having the wrong choice if it's with altcoins. We're in a bear market and everything is cheap and so the others do is to pick almost everything that they see because they're all encouraging to buy and think that it will be way up higher within the next bull cycle.
But, it's not going to be like that, buy bitcoin and then choose your altcoins that you think will be increasing and will meet your expectation.

It might be a cliche that you hear only in bull markets but "this time it will be different" could apply to this bear market. We wanted adoption and visibility, now we have visibility big time in form of centralized exchange ceos going to prison and "decentralized" stablecoins like ust crashing making people lose billions. I've seen some bear markets during my time in here, but this feels very different.

while our experiences can tell more yet there are still chances that it will change depend on the mood of the market and investors , what if all of the biggest investors had one goal in each year? and that is to maintain the bear for a while when many are expecting to be bullish?
this will surely change the plans and the movement.
hate to see that but I am always ready for that. because I can at least maintain my holdings or keep it selling.

Large investors do just that, they have one goal, they accumulate their positions for a very long time, the entire bear market is certain accumulation zones in which they buy. Then comes the moment of waiting, as you said, for one goal. And when the price reaches the right levels, they sell. It is much easier to achieve one big goal than to focus on many small tasks, it takes much more time and unfocuses us, which will lead to errors and possibly to comparatively worse results.

I don't think is the longest bear season, actually nothing to panic about the market and basically is inevitable which is one paramount thing in the crypto industry that complete the circle of bear and the bull, they both dependant of each other's to form the season.
Besides the recent occurrences have really weaken the mind of investors although I still believe that their are lot of people who would actually take advantage of the current situation to buy more while most people are still considering the market conditions.

no it's not as bad as you think even before it's way worse than the current cycle remember there's only 1 year for the bear market the rest are recovery and bullish cycles so this year is full bearish and we'll see but people ignore it even leave it even though bitcoin has gone through several 4 year cycles so just giving advice take as much as you can for this year so you can reap the rewards in the next year, good luck at least holding it till early 2024  ;)

Yes, right, and as usual the market will surely recover soon. It's part of the cycle of the crypto market as well as the stock and forex and the best opportunity is to hoard as we can before the bull run begins because it is a big loss for us if we are left out again.

2024 might be different since some are predicting that 2025 will start the bull run, also from tradingview members they are predicting that this will happen but it might be different.

All bear markets are severe for some projects, while deadly to others. For now, it seems that we're holding the base and starting a new accummulation phase. Of yhis is actually what is happening, I guess that it wasnt that bad after all.

The bear is not really bad if we can understand the market right now. We are all waiting for Bitcoin to take a bold move so that the rest altcoins will take a bold move too. Once the market keep going bullish other altcoins too will move upward and everything will keep going up. I am very positive about the market right now because this is the time to buy and accumulate.

Every body before investing need to educate himself on the 4 year cycle that works around the bitcoin halving. And a little advice buy low and sell high but yes, it’s almost time to buy. I believe ETH will drop slightly under $1000 but you never now. Do your own research and don’t believe on YouTube because I’m certain 95% of them are just guessing.

Good advice to buy low and sell high. But perhaps even you don't always manage to do that. Although I agree that now might be a good time to buy cryptocurrencies because so many altcoins are at a historic low. But if something goes wrong and the market falls even lower after buying, not many people will be able to handle the panic. If everyone bought low and sold high, everyone would be rich.

This depends on too many factors like the price at which you bought and whether you have any previous experience dealing with bear markets, the average price at which I bought my coins is lower than the current price and I have already experimented a bear market before, so I will say that I am very comfortable right now, but for someone that bought at a price close to the all time high and has not experimented a bear market before then it is likely the current market conditions are like hell for them.

Might the others will feel bad, especially the beginners but for me and those who have experience from the past bear season, we'd see the market is still healthy. Yes, we can see a lot of altcoins are in huge dumps but this is not we measure the market if it is really in bad condition. In fact, I have not surprised how this is going to happen with projects that are no use-case and surely got rejected by the investors.

Just look at the top coins OP, you will see their price is still higher compared to the past bear season. Meaning, their status is still pretty good and the demand still high.

These bear markets are basically for clearing the market from the useless stuff. I mean during the bull run there is a good chance that we end up with a thousand coins that people invest into, and they are usually shitcoins and scams as well and people fall for it. While bitcoin and the likes go up, there is a chance that all  others end up going up too.

So, we drop the bitcoin price and few good ones, but we crash and burn all the shitcoins and scam coins which will never recover. Then when they are all gone and done, and all these bad news are out of the way, we end up working towards making sure that the ones who will profit from the bull run is the real good ones.

The 'Bear Market' is really bad right now sad to admit.  We have seen the price of Bitcoin between 16k and 18k for some time now.  It is still very uncertain when this 'Bear Market' will end but some people think the Bull Market will start early 2023 and this something I want to believe is going to happen.

When the price was 18k I saw many people talk about how we have hit the rock bottom in Bitcoin price and it can only go up from here. Soon after that the price went back down to 16,500 so at this point we really do not know when it will end.

This bear market is so bad for short term and long term users especially for those whose first entry was above 50k . DCA is best option but I think if someone start DCA from 50k now fund will be also zero. I have sold all my tokens before December and now feeling very cool. I think we can see BTC Below 12k which will be another blow For Holders.

It is bad for those who purchase near ATH. But I believe it isn't that bad if we talk long term since most of us believe that BTC will surpass it's all time high next bull market. The only consequence of those who bought at higher price and doing long term is the bigger profit opportunity they can achieve when bitcoin finally surpass it's ATH. I also don't think that it is a bad thing for holders that bitcoin will take another dip especially if the holder is accumulating, A long term holder wouldn't mind their asset value for now if they plan on holding it for a long time. Prices are expected to go down at bear market and big dips are expected that's why I will not be shock if the market still go down.

Bitcoin price is at $16.8k at this time and it''s lower than what we had in early this December. That means the altcoin price is also going down reacting to this Bitcoin's price down. For people who have bought altcoin with high price in this early December, then would recommend to wait for a bit because the price would continue to fall considering the situation right now.

What you say is true, however most of those that bought their bitcoin for the first time near the all time high probably never had any intentions to hold their coins for so long and endure such difficult market conditions, they were most likely thinking about making some easy and quick money with bitcoin only for their expectations to be subverted, and if that is the case then it is going to be incredibly difficult for them to hold their coins, assuming they still have any bitcoin at all right now.

Not really, a bear market is a good opportunity for new investors to come in.  The current bear market isn't worse than the previous bear market we experienced.  As far as I can recall, they have the same thing, hacks, scams, company-turning fraud, and bankruptcy.  It is a normal thing in a bear market so I can say, the market is just as bad as the previous one and like the previous one, the market will eventually recover.

even though I think it could hardly fall again in regard of the price of bitcoin I think it indeed make sense just to wait until the situation gets somewhat better, considering the fact that there's still so many things that could make the current downtrend worse like many lays off and also the economic crisis I think honestly it's wiser to just invest in the next year but of course if you have the money doing accumulation in this current trend could score tremendous returns.

We can see and consider this. After this bearish market, we will know which altcoins can survive and continue their projects very well and which will be dead soon. After the hype that may happen in some altcoins, most of them commonly will fall down and cannot survive during this dramatic bearish era. Moreover, during this bearish era, there are so many FUD that we can get. The FUD is much higher than previously, moreover after the worst happening on Luna and FTX, this really becomes a warning for us. Investing in altcoin is very risky high risk.  Many projects always promise they are the best projects with the best concept, but, they are not able to survive during this bearish market  ;D ;D

everybody knows the cycle but the thing is, no one knows if the market gonna goes even lower or make a comeback, of course holding coins in general could save us from the headache of guessing the right time when the market gonna be changing in trend and runs towards bullish but that's only if you are patience enough and have the money to spare otherwise that would be such bad choice, but I do agree though, there's always cycle that affects the market every certain periods of time, and therefore everybody should know beforehand that in every bullrun there's always massive dumps waiting in the future.

People are much focused on the four year cycle and for the same reason many keep hold with patience. This is the time we will be able to hear about more negative news around the market as well as Whales trying to create panic move to benefit out of the small holders. Entire economy is in its downturn and the same have made people focus on saving more as we don't know what happens tomorrow.

if only the inflation and economic crisis had not hit the whole country, in fact the current bear market should not be so bad as it is now.

Well now all investment markets not just crypto are all experiencing pretty dire bear markets. But I believe market conditions in 2023-2024 will improve. because fud continues to scatter at the end of the current year. it shows someone is trying to lower the price because he is shopping. and by the time they're done shopping we have to get ready for the bull market to come. Good news has also started to emerge, such as Brazil which has passed a bill on crypto in their country. and the President of Brazil has signed it. the market should recover. But of course we have to be careful. because many analysts say that bitcoin has the potential for further decline. and of course it will have a very bad impact on altcoins. Dyor

the problem is who can understand the market for now? in normal situations it is very difficult to read market movements, especially in current market conditions. you need to know in the real world or in crypto a raging bear is much more terrible than a raging bull. So please don't say very common words like that because they don't help in the current situation.

I think it's not really that bad, it has been holding off very well all things considered and I believe that it should go on like that for a while longer. I am not saying that it is going to end up with a higher price right away, but I am not expecting it to do greatly in the long run neither.

It should be something that is stable for a while, and to think that we have been between 15k to 25k for the past 8 or so months, I can say that it has been quite stable compared to past. People claim bitcoin is volatile, but considering the range it had for the past 8 months, plenty of investments, including stocks, had the same sort of range as bitcoin during the same period.

If you have seen the previous market cycle, you would know how to take advantage of the bearish season. It's actually an open opportunity for everyone who wants to buy and accumulate potential coins at a cheaper price which is good preparation for the bullish season. If you'll panic and fear the bearish season, you will surely make the wrong decision of selling at the wrong time. This usually happens but as long as you are holding huge potential coins, it's best to hold and wait for the market to recover again.

That is what bear markets are, during bull markets even the craziest and most useless ideas and projects get millions of dollars of support as people are desperate to invest in anything that may have even a remote possibility of making them a fortune, but once this sentiment goes too far a correction is needed, and when FUD takes over the market we begin to see the new money drying out and the bad projects presenting problems to keep themselves in business, it is a natural process and for a patient investor this is a good thing as it allows them to get bitcoin for a reasonable price once again.

The market is mostly moving sideways and waiting for a big enough movement to start the panic sell/buy to happen. Obviously predicting the market movements is only 50% correct but judging by the trend, it is bearish. There are a lot of reasons why the bear market for prolonged but we should look at the bright side of these things. You have a good opportunity to buy at this point as compared to what price was near all time high.

You could also have run out of liquid cash to buy bitcoin, in which case just stop buying and wait for the next bigger movement to happen, which will happen surely, but not immediately.

It seems that after so many different difficult events the market has finally become stable again, so this is a good opportunity to buy bitcoin, however if someone is looking to buy at an even lower price I think they will have an opportunity to do so as it will be very difficult for the market to not experiment at least another drop during the remaining time of this bear market, however it is difficult to know when and how long it will last so it is important to have that money ready and purchase bitcoin as quickly as possible once that drop happens.

Bearish season may be a nightmare for those people who failed to sell their coins in the previous bullrun season. But for other people, bearish season means the best time to buy coins. If there is no bearish season, we can't buy crypto coins at cheap prices. Can you imagine if no bearish season? Crypto coins may never drop their prices significantly.

It is your own right to sell or hold your coins. But I prefer to hold if the price has already dropped too significantly. I even still hold my BTC, I don't plan to sell although it dropped below $10k.

Bearish trend is part of the market movement. For this reason whether the market is bullish or bearish, just enjoy it. Every bear market is followed by a bull market. It is a must to enjoy the market movements and try to make an earning out of the volatile market unlike the market trend. Patience is the only key required to enjoy the outcome of the bear market, which is the the beginning of bull market.

It may not be the worst time yet, I think there will be another event that completely destroys confidence, otherwise the market will not have the flexibility to go up.

Crypto markets are cyclical. Although the market is still in a bear market right now, it is a good time to accumulate for future appreciation. Just take the opportunity to buy low and Bitcoin and the crypto market will rise again during the next bull run.

Realizing that bear market is not "bad" is the key to your success if you keep thinking that it is bad then you are going to be upset about it all the time. Realizing it is not a bad thing but a profit making chance will give you the chance to focus on it as much as you possibly could. I personally believe that we should be happy when there is a market crash.

I know this sounds crazy, why would I be happy when my portfolio is 80% down right? Well simply because it means you could buy bitcoin for so much cheaper and that gives you a chance to make a lot more profit later on when the price finally goes back to ATH prices yet again, and you would be getting richer and richer.

rather it's all a cycle when the bearish comes, there will be bullish arriving, and it will keep repeating itself.
a lot of people think that this year's bearish cycle is very bad, but for me it has happened in the past and I'm not really surprised.
it's true that in a situation like the current one we shouldn't panic and have to be patient to keep collecting decent assets for us to hold until the price really reaches ATH or wait for the bulls to arrive.

If we say this was the worst time maybe it wasn't, it was a few years ago almost the same thing but it was worse than this, and finally bad it turned into a perfect thing when the Bear Market disappeared and the Bull Market entered the market, Crypto market is cyclical , and now the Bearish cycle is coming, and this cycle will continue to rotate, now we are in a Bearish cycle, it is very likely that this cycle will change to Bullish.

Crypto will always repeat itself either when there is a decline or when it will increase, and this cycle is always repeated until the upcoming halving period, precisely when this is the most appropriate time to continue hunting for good coins to invest in. every time a vase bear market occurs, it will not be long before it will be followed by a vase bull market, but indeed the bear market will occur for quite a long time now because it is estimated that only 2024 will start entering the bull market period, and even then it will occur entering the second quarter.

It was really bad for those who think that bear season is a losing season but for those who take a look on the opposite side, they consider this as an opportunity. I was not hesitant to see the situation again (and again) but never I seen the market that worse. We only make ourselves bothered too much by the FUDs around and then drive us to think negatively. Panic and emotions - I couldn't really imagine a person would think positively if they already lived to such things.

Thinking about how bad the current bear market is is less about thinking about how to take advantage of the current situation. Over the past few years, the crypto market has still proven to be good. The bear market is precisely the best time for investment accumulation. Many well-developed currencies have been able to recover from bear markets and still have high growth potential.

2023 is a more anxious year. Obviously, the general environment is not good. The global economy has entered a cold winter, with no income, facing unemployment, declining consumption power, no money to repay loans, and how can I have money to buy Bitcoin. I think I am not alone. This is the case.

It wasn't too bad either. Spring seems to be a long time away. Maybe this is also an opportunity. Now you can choose the coin you are optimistic about, and 2023 should be no different from 2022. Don't use a year as a unit. You can invest in units of one week. However, everyone has their own investment methods. Find an investment method that suits you. This will save a lot of money and also get considerable profits. Trust the crypto market. The cryptocurrency market is the future.

Many people think the bottom could be in now, I am hopeful but not convinced. We are experiencing a bit of a relief rally currently. Bitcoin is back over $17,000 & some alts have risen as much as 25%.

I think stay vigilant, keep some cash spare because there is every chance we could still go lower. It’s still so difficult to tell where we are in the market & if the bottom is in. We won’t know for a while.

Don't be pessimistic. Maybe now is also an opportunity. A lot of people pay attention to the crypto market because a few things get magnified and affect the price of coins. However, the coin price will rise after the cycle passes. Many who miss this opportunity will regret it. Many people who leave the crypto market will come back again. All people can do is to stop losses in time, and any decision they make will also be considered.

bear market this time is quite long. those who now think pessimistically are of course beginners. but those who are experienced, see opportunities of course. but that's not enough. because those who are patient and believe in market potential are the winners. long bear markets of course frustrate a fair number of new investors. try to come out with a loss and switch their investment to another plan with different assets.

When a bear market lasts a long time, of course beginners tend to worry about market conditions like that and that for me is normal,
their experience is still little so that's what happened,
they need to learn and try to take advantage of this bear market to make a profit.

I think we are very close to the end of bear market. Whenever I enter bitcointalk or twitter all I see is hopelessness. I think its a proof to end. People always quote "buy when there is blood on street", and its very accurate quote. Crypto markets are in very bad shape now. Year ago I had many friends trying to buy altcoins. Now no one left asking a single question about crypto. Consider this as investment opportunity. I think next year february we will see Ethereum in far better position. This is my take about alts.

The thing is, people are just too focus on the market's situation right now and has forgot the fact that this is not the first time it happened, and surely, it won't be the last either. It's just a cycle that has been around since it was created, it may be the longest declination in the history of bitcoin but we're still blessed to have this kind opportunity to accumulate more before the market recovers because it will always recover.

For beginners of this kind of bear market will be a very valuable lesson for their future in the world of cryptocurrencies like this. Yes, this way they will definitely realize that the market sometimes moves downwards and doesn't always make you smile with higher price movements. This can be their experience to be more careful when entering the market.
Their worries are natural, it is very true because they don't have much experience with bear markets. But when they face the next bear market they can make more appropriate moves to take advantage of the bear market that occurs.

True, as you said, many people are still focused on the short term, although not all but on average are like that, so they are a little panicked about the current conditions, especially those who focus on daily trading. But on the other hand, this is also not the first time that we should be aware that it is with fluctuations like this that bitcoin grows and what we have to do is remain patient and try to hold back so that we don't release the assets we have in our portfolio.

Spring is not that further away, there is just 1.5 month away and that could be a lot better in the long run. I know that picking a coin would be a troubling thing but I am not entirely sure that's going to work out in the long run. It's much better to stay at something like bitcoin which would be a lot more amazing if you are asking me.

I have to say that it's going to be important to stay at bitcoin, and ethereum which would be good but then you are going to end up with a lot higher prices and profits at which point you could end up with a lot better results if you could focus your profits into smaller things to turn your profits into even bigger profits with a little bit of risk.

Not all would really be that having the patience and thats why its not surprising that not all would really be going for that long term and this is why they are really that serious and mindful
about on whats happening in the market today which is really that very bearish which it would be normal on creating that doubt and lose of confidence on making up investment.
The thing here is that you should be able to handle yourself well into this market despite on what condition or trend it would be.

It might be looking that bad but we cant really expect that it would really be good always and there are indeed times that it do crashes and instead of freaking out
it would be better to look these things as opportunity for you to get in.

btc has proven time that it is one of the reliable cryptocurrencies to hold onto. we know that if anything happens, btc won't disappear just like many other alts. it may go down from time to time, but it will stay. and if there will be good news, expect that it will slowly climb up its price. just like what we are seeing right now. it finally surpasses the 17k mark and it seems improving again. it may be slow but at least we are seeing the market to be green.

That was how the bull market also lasted for a longer time when investors were very happy to hold random projects that made some random persons a real crypto millionaires and billionaires. When should not be too pessimistic about the current market now because everything has different time to happen. This bear market had not even lasted for 2 complete years and some persons had been very confused when the bear wood ever end or not. There are so many fud in the market now and I still don't know why many investors had been so depressed about it.

That millionaire word creates wrong expectation on some people because from thinking about that they fall on scams since they bought a wrong token then hold it. Some alts didn't pump back again when bear market occur so choose those potential alts which have good community support since if you bought trash tokens then you will go broke with that.

the current bearish market is no worse than the previous bearish market so it is still relatively safe, especially now that all crypto prices are gradually recovering, so buy a lot when the market is bearish, not sell cheap crypto that we have bought at high prices before

When something like this happens it comes back to ourselves. Other people will not be able to control themselves because what comes from other people is just a suggestion and we can accept it or not. When I do panic I think this is a reasonable condition because it is clear that we will lose money when conditions are bearish like this but we also don't have to make panic a reason for us to go because of course we are here, we know the risks that will be obtained, the reason for panic and selling is just a classic excuse because we can make this not happen if we keep our heads up. and I also always tell myself we panic then sell then that means defeat and I don't want to lose in this case.

Our thinking should be more in that direction, instead of continuing to panic and keep selling when we are losing money, it is better to maximize this to increase our portfolio if we still have extra money.
Staying DYOR is important, but when you see the conditions for a big discount, there's actually nothing wrong with continuing to add more and more.

In the previous bear season, it takes almost 3 years before it recovers, maybe that still happens again in this cycle. We are still in the first month of this year 2023 and I expect a lot of changing will happen someday whether it will be a pump or a dump. But for me, I was expecting the bear season to stay the whole year of 2023. So I think we need to extend our patience and keep ourselves calm, we don't let our emotions burst out because this will also help the market to dump more instead of helping out to move high.

Currently it is recovering and now we can see prices in the 20k range once again. This was a prolonged bear market and those who have been mentally determined enough to stand through such times will emerge with profits in the next bill run.

It is important to note that bear market is the time to buy and keep the patience. The bull market is the time to sell. If you don't have the patience to keep up through these times, you will falter and lose money.

Going with the get rich quick mindset, you would lose.

I wouldn't call this prolonged bear market though, it is expected that even this year, it will still be technically called a bear market although we have seen the price going above $23k for bitcoin.

But I do agree that we should still continue with buying and holding at this point.

The market is still in bear market, prices way below from our previous all time high. And that the time to make a sell is during the bull market and not just to get a quick profit because of the recent spike in the price.

Bitcoin has surged to $23k, and many believe that bear season is over and bitcoin is on a rebound in search of a bull season this year. But I still believe that history will repeat itself, bear season will last 2 to 3 years before it really ends. As you said, we need to be patient and not get too excited when we see a bitcoin rally, things can reverse at any time. Honestly, I still can't believe we've bottomed or the bear season is really over, I'm still thinking about another crash in the future.