Bitcoin Forum

Those who've seen previous bear markets, survived several winters, please share some hope and courage.
This is not the end, right? :)

Don't buy altcoins.
Buy Bitcoin.

Don't trade.
HODL.

Don't store your bitcoins in exchange wallets (read a topic in my signature)
Use self custodial wallets.

---

Altcoins lose more in bear market.
They even die in bear market.

More rug pulls in bear market.
More scam exits in bear market.
More collapses in bear market.
All these are for altcoins.

The ball is in your court, it's certain that the market will go bullish. If you are a hodler keep holding and don't focus completely on the market price. Get busy with other things that can fetch you more bitcoin or altcoins. Though from the negative news on cryptocurrency, the bear market will stay for a longer time, the right move is to accumulate more BTC.

I saw analysis on youtube that basically says all the previous bear market lasted about a year... and now we are already in a bear market for a year (starting from december 2021). Why would you think that this time it will be longer bear market?

Your problem, like many others, is that you are looking for information in the wrong place, and YT is flooded with various analysts and so-called "experts" who have no idea what they are talking about. The bear market will last as long as it lasts, anyone who says they know when it will end is just speculating.

If I am going to speculate, then I will say that it will last in a more or less intense way for the whole of next year, and possibly during the first half of 2024, of course taking the halving as a reference point from which we can expect positive changes, referring to what happened in the past. A longer bear market this time could be caused by inflation, recession, increase in interest rates, and of course war - which is quite logical, right?

Easy, buddy! Despite the fact that there are a number of excellent altcoins available on the market, I will only discuss bitcoin because I am less certain about the other coins.

Go to Tradingview and check out the bitcoin chart. A picture taken from Zenledger will serve as a hint. These are the precise times of bitcoin halvings. 
https://i.imgur.com/E16kNpk.jpg

If you are now examining the bitcoin chart. Check the year following each halving, the prices of bitcoin were always higher than the prices at the year of the halving. After each halving year, check the third and fourth years. The winter years were always those.

I can tell from the previous winters that the end of a crypto winter has always come by surprise. So no, I don't know if it's over or not, we will know only after it's over.
I tend to believe that this one feels longer than the previous one, still, I think that the crypto winter of 2015 felt longer/worse.

Imho with the current overall interest in bitcoin the people, businesses and financial institutions are showing, the spring will come, sooner or later.
But more patience may be needed, because the world economy is not in a great shape right now.
And, as others also said, make sure you don't lose focus and hold (only) bitcoin (take it as an advise you don't have to follow, if you are still into altcoins, DYOR).

Unpopular opinion: Don't invest if you don't know what you're invest for and which asset you're invest (including Bitcoin).

That's why you ask this question because you can't hold your investment for long time and not 100% trust about it. I'm a Bitcoin enthusiast, but if you have own view where you think Bitcoin isn't a good investment, it's up to you and I wouldn't force you to invest in Bitcoin.

The personal experiences of each of us or each trader are not suitable to be a base from which you can build your investment plan.

Each of us has experiences and a different lifestyle from the other, and therefore what I did to survive during the previous winter is a unique experiment of my own and its repetition by others will not lead to success. It worked for me.

Attempting to invest without plans and deep thinking will lead to failure, even if you achieve a temporary profit.

I stay clear from any forms of social media sites when it comes to Bitcoin and in fact, I never even get any Bitcoin related stuff in my recommended when I browse through. Lucius mentioned why. There are waaaay many crypto content creators out there that are just up for the revenue and not entirely for the sake of helping people forecast the price. Subs does not matter since they can be easily bought or even done through bot.

Take what's happening around you as your points to decide and of course like your title stated, "courage".

It is the end.  Do you sell now that I told you?

You should not decide over your funds based off what we say.  If you are doing this, then stop.  Take a deep breath and a short break from whatever investing means to you.  Start studying the subject and doing your own research.

Bitcoin is an investment consisting a particularly high risk and a particularly high ROI if you hold long enough.  That is if previous cycles continue to repeat.  I am care free because every time I put a buck in Bitcoin, I put it knowing it may or may not be worth as much tomorrow.

-
Regards,
PrivacyG

Of course this is not the beginning and will not be the end, I will in addition suggest that after the informations given by members on this you can actually take a personal task and search for this and all that you need to do is to get the previous years chart and compare the winter months over the years to where we've been now, but no matter how worst it could go it can never to beyond comprehension.

For every great opportunity there's always a great prize to pay, the same thing happened in the Bitcoin investment. However, risk in BTC can be minimized if you improve your knowledge about the Bitcoin 4 cycle because this is what determines the major pump and fall in the price of the BTC market. Although, the event is always triggered by some FUD issue but it doesn't mean it is the end of the market and what you need to do is prioritize your investment in BTC.
The below image will give you a clear view of your possible chance of making a profit in BTC after the winter is over.

Yes, this is not the end. It is just the chance of buying low before a new ATH price happens again.

Right. After all, bear market is the best time for accumulation, and bull market is the time to reap what you sow. So no need to worry and panic, as we can always stay calm while silently buying bitcoin and diversify it with potential altcoins. As monitoring the market more often won’t help, just make yourself busy with other hobbies and while you’re enjoying it, you’ll be surprise later on that the crypto market has slowly got into bullish. So maximize your purchase now, and enjoy the huge profits later.

Of course this is not the end, better days are coming. But for us to get there, then we should gain more patience and understanding on the current market so that we can still make right decisions despite of seeing others panicking and selling their coins. And the best decision would be to accumulate more bitcoin than altcoins. That way, we know for sure that we’ll be in huge profits when it’s time for bullish market to take over the market.

Those who survived previous winter may have influence in your decision but it is you who will decide in the final on what to do and they will only give you advice or suggestions on what they will do. One more thing, don't believe what you read or heard on social media platforms because most of them are shilling the coins, altcoins or whatever platform they are promoting. It's either they are paid or one of the project's team. Be careful with that and you should ask for suggestions and advices here rather than asking in social media platforms.

I believe you have seen how long previous bear markets lasted; this one should also be viewed as something that is about to end.
If you do not have complete trust in Bitcoin, do not invest in it because it is extremely risky. Even if people share their previous Bear market experience here, it is not enough for some people to place their investment; it is all about trust; if you trust Bitcoin, you can invest any amount, but it must not be during the bear market.

Just know that bear market is also part of the market cycle. We can’t always experience bullish season the whole time, as there is a need for a bearish market too because that will give us the best opportunity to buy and accumulate potential coins at their bargain prices. And when we have fill our portfolio with bitcoin and potential altcoins, then just wait patiently as the bullish market will always come and surprise us in the most unexpected time.

Two things I can add:
1. If you have invested in altcoins and are bag holding, if you hang out in "altcoin bagholders circles" they will repeatedly tell you to "have patience". This is what they did during 2018 when altcoins were constantly dumping. If you do that, you will only watch your investment melt away. To this day none of those altcoins (literary NONE even the big ones like ETH that used to be 0.15BTC at some point) have been able to regain their 2017 peak prices.

2. Only buy bitcoin but you shouldn't buy it because you think it will go to moon and make you rich. Instead you should buy it because it is the only existing decentralized global currency that is censorship resistant and has an immutable blockchain. It is both useful and has potential.

Yes you are right. If you are one of those trapped person who bought at higher peak then dont be sad. Yes its quite frustrating but remember that bear market is also part of a healthy cycle. Weve experienced seen a market where everything is down just like this and suddenly trigger it by a lot of new trend and protocols. For sure market will reverse in such time, and all we can do is wait for it to come back.

They pumped Ethereum in ETH/BTC pair in 2017 to steal people's bitcoins.

People bought Ethereum in 2017 probably thought that Ethereum will take over Bitcoin first position. They thought that even 0.15 BTC for one ETH was still cheap because soon 1 ETH will become 1 BTC or > 1 BTC.

https://i.imgur.com/6vUMo8v.png

More terrible than Ethereum, Bitcoin Cash BCH scammers stole people's bitcoins in 2017 with >0.22 BTC exchanged for 1 BCH.
https://coinmarketcap.com/currencies/bitcoin-cash/

Now BCH is about $99 or 0.006 BTC. It's 0.006 not 0.06.
https://i.imgur.com/2mT1W8e.png

DASH
https://i.imgur.com/JOKSblu.png

YFI
A most terrible steal is from YFI. I heard but could not understand why they can scammed people to spend > 4 BTC to buy 1 YFI token.

Are they too smart and clever or are people too stupid, greed and careless?
https://i.imgur.com/GqHPvA6.png

It's only in the first winter that it's scary to watch what's going on in the crypto market. But once you see the full cycles of rising and falling, then you will understand that this is not the end. Understanding that it has already happened and will happen, that it will be repeated again and again, that this is how this world of crypto currencies works. Once you understand and feel how it works, the fear will subside and the courage you ask to share will come. Having gained valuable experience, you will react more calmly to changes in the coinmarketcap charts and news in the media.

There will always be sunshine after the storm, so just like the crypto market, a bullish market will soon to take over the bearish one so we should not lost hope and courage. What we see at the moment is only temporary, there are still greater things waiting ahead so let’s be patient and remain in positivity. And always remember that history will always have bigger chances to repeat itself, so we can always expect for a bull run just as this bearish season will come to an end, but the problem is it will remain uncertain as to when this bear market will end.

History has always proven that the bear season is not the end yet, a bullish season will still come by surprise so we should always stay hopeful and patient because that’s the only way we can avoid losses. But I also believe that this bearish market will even continue by the next year seeing there are still no positive events that will bring big changes in the market scenario. So keep on hodling bitcoin, as it’s always in bitcoin that we find maximum profits whenever bullish season finally takes place.

No, it is not the end, market always rhymes, we have seen such crypto winters before. When there is no courage left, it's usually the right time to invest.

The Crypto market works in circles, there are good times and bad times, whatever is currently happening will pass either good or bad, some comments are saying you shouldn't buy altcoins, well they always make the most money, make sure you buy Bitcoin more and pick altcoins that has great things they are working on...

Most altcoins won't go back to their all time high but your entry price point will save your ass, you will still make 5x to 30x, just don't buy one and sit on it, make sure you diversify, good luck.

There’s not much more to know than the above, posted by BlackBoss_

It can be tough to watch your net worth fall by 80% or more but things do get better. We will enter another bull market & the price of most coins/tokens will soar. We will see new ath’s for a lot of coins/tokens. You just need to be brave & not panic sell.

This is a time of opportunity if you are smart. Devise a buying strategy now & with patience & the passage of time you will be rewarded with number go up.

I have survived the previous crypto winter and I will say that it will end sooner or later and so don't even think of selling at a loss.
The market will tempt you a lot to sell your coins since the prices will keep falling but at one point it will revert and shoot up again.
You can keep holding your coins because it will definitely spike up and break ATH.
This is with respect to bitcoin and ethereum only. I can't say about any other coin but both of these are legit coins.
So keep holding them and if possible try to buy more lower and keep accumulating so that the profits can gradually increase in the long run.

Just keep holding and controlling your emotions; that's why they've been holding until now. Your emotions will really trigger you to panic sell. That is why if you can control your emotions by not constantly looking at the price or just staying away from the news of bitcoin (not altcoins, only bitcoin), you will not keep thinking about it as it can trigger you. It is like how you really survive in winter by trying to hibernate, learn, or divert your attention to others.

I understand how you feel because I am also a newbie and was scared when I first saw the collapse of projects and bitcoin lost 80% of its value, it was really terrible and terrible. I don't know how to give good advice because I'm not very good at it, but I can tell you that, after the rain, the sun will shine. There is no always bear market and no forever bull market, the only thing you need to do now is wait and not sell under any circumstances. To win in this market, the only thing you need is patience, if you can wait patiently, then you will be well rewarded.

I have been investing for years, first in the stock market and then also in Bitcoin, and in the end it is always the same. If the financial asset you buy is good, whether it's Bitcoin or Johnson and Johnson stock, in the end in the long run it always goes up. You have to take advantage of times like this to buy cheap.

Other than that, you've already been given the best advice:

You need the hope? I am giving a simple example just go to the bitcoin price tracking chart and set the time frame to all time then you will know why people are saying keep holding your bitcoin.

Every cycle bring new experience to the traders as well as investors so even if someone is experienced in investment they have to hold their patience when their assets price lose its value and if it has potential then don't hesitate to hold but remember this may not work with shitcoins.

While you are right for one part, there is a massive difference between cryto and stocks. While some stocks are as volatile as crypto, you got a lot of stocks (like Johnson and Johnson) that are more defensive and will not fall as much in a bear market. The most difficult part in investing is choosing the good assets (which stocks, which crypto coins, ...) and also have a plan when to buy or sell them.

Just resist yourself from moving the bitcoins out of your hard wallet and don’t fall for the traps of FOMO. Market is just like this, the time when you want it more is the time when it gets worst. Only sell what’s required. Off course we need money to survive and if bitcoin is the earning source then keep 70-80% in cold storage and only use ~30% for survival. Idk, where you live, how much you earn, how much you need to have good life but work out the math and only keep that much money handy. This is best way to manage your finances and not to sell out everything at once.

This is not the end, the market will move further and this bear trend will end soon.
Don’t panic, just take advantage of this cheaper market by buying more and take this time to learn how to trade properly, bull trend will come so better to be ready for that. It has been a roller coaster and its worth the ride, take the risk now and have the chance to make profit soon.

The terms of selling is losing must be held tightly in our trading / investing principle ... so yeah selling what's required is the wise decision during the crypto bloodbath , the rest should be kept in the wallet as long as possible till the right time coming to have you holding much more valueable , this is not the correct time to sell.

If you have one more pocket to spend , compounding is the best way to change your life once in a lifetime now.

Just HODL.
Nothing will make you feel disappointed when the next bull run has come when you're just holding. You sell at the start of the bull run and you're in profit, there's no regret and neglect on it.
Buy while you see the prices are quite low right now and you'll never know if we're going to still see it drop that much low when the next bull arrives.
Don't lose your courage, we've been there and also were scared. Reading those negative thoughts about the market, they're normal but only those that have kept their trust and instincts about bitcoin remain.

A bear market isn't the end of the world. Everyone can look the history of bitcoin and they will see we have already passed for similar situations and even worse situations since the beginning. I confess I lost my hopes in 2018 when I saw that bearish market. I even forgot bitcoin and crypto for a while, because I thought there wasn't a bright future ahead anymore, as we firstly expected in the previous years.

But then, that bearish market lasted for more 2 years, and finally we could see a new dawn coming in. I felt positively surprised on that moment and I believe those who believe, have patience and focus will also feel like me in 2020 in the upcoming years. You know there is hope when the wealthiest men and companies in the world are constantly talking about bitcoin, even if in a negative way.

Another thing is OP must be careful joining to some Ponzi schemes, like Bitcoin doubler. Because even during the bear market, scammers are everywhere, they will scam people anytime.
So, OP must be vigilant about these schemes.
Another way if you are for the long term, about checking charts from time to time, find some other things to do so you will not get bored about how the market goes sideways or dump.

  From my experience ( I'm not a good example as a trader ) even if I'm good in theory, the practice killed me. In 2013-2014 I had some BTC ( enough ) most of them from mining and many alts ( ltc which was my favorite at that time, novacoin, ) after that, got some dgb, darkcoin ( aka Dash), monero, stellar, whitecoin, and many many others. At that time I used BTC-e and Cryptsy.

Most of alts  were converted in BTC , excepting Doge which I lost when my Cryptsy account were hacked ( owned millions of doge) btw Vernon is a dumbass. I saw BTC rising from few $$ to $1050 and falling back to ~ $200 ( for me in those days it was funy). Until 2017 my potfolio and also the value off $  rised constantly  ( and not because I kept all my btc, i didn't of course) but because when I started to lose on trading, I infused more BTC ( and also ETH later) gained in ICOs. In 2017 I made the first big mistake, Selling almost all BTC at $700, I remember when everybody waited  for SEC decision ( ETF - Tyler and Cameron Winklevoss, which was rejected)  Still remember that night when BTC dropped a lill' bit and then raised constantly.. I bought back at $2400 ( for the first time my BTC amount started to decrease dramatically ( that was the first sign that I'm a fool...) and so on until my BTC amount decreased 11 12 times. Trading activity should increase the amount of assets held, I found it more difficult, I was doing the opposite). At $19800, my btc amount were ~12 times less but still it worth a generous amount of dollars. Than BTC dropped (the second crypto winter has just started).. Sold everything and  I bought LSK ( 2019). Lisk droped from ~34$ to 3,4 when I jumped in.. This time I didn't sold anything..but LSK it decreased even more touching around $0.66, but it was ok.. constantly, because of DPoS consensus, I received more and more LSK (this helped me to amortize losses). Also during that period, due to the bankruptcy of the PrimalBase company, I lost few PBT ( bought them in their ICO at 1 PBT/3 BTC), probably Manheim ete everything (another dumbass).

After that, btc started to rise again and also alts. In 2021 LSK touched $12 and didn't sold ( second big mistake) .
I sold them at $3 - 3,3 and bought SandBox at $0.98 and sold them at 0.93 ( after few weeks SAND  reached $8.
From this point I've started to lose constantly.

Also I got scammed by chinesse scammers aka MechArena ( Sent a generous amount of USDT  to farming on their platform. The APR were around 1300%. The rewards were in their tokens.. few days everything was fine.. When I've tried to withdraw the entire amount of USDT, the  platform gave an error..  then I realized what was happening ( they used a proxy smart contract) The audit ( Certik) it was falsified by the scammers ... All USDT were lost and the third crypto winter had just begun.

And now I'm here, again...

In all these years, only a small amount of money (earned from crypto) I invested in something else like lands etc.. and of course in  daily expenses..
If you do not have solid knowledge in trading YOU will lose and you'll lose everything, so HODL !
If you don't have enough time to make your own research, don't buy coins/tokens just because they're "on green"
Don't be greedy !
Don't jump in pump&dump scheme ( you can lose everything just in few sec).
Educate yourself and don't repeat the mistakes, learn from them!
Be carefully of scammers ( the world is full of them )
Don't invest the money you need to living ( You'll have to sell on loss )
Don''t be too emotive ( If still you are, the trading is not for you)
If I had kept everything I had from the beginning....
The best way to survive in bear market, is to HODL ( hold your BTC or whatever you own and everything will be ok at the end )

Don't rush into the market, the market can dip further instead invest in stages through Dollar cost averaging. We're in a bear market so everything can lead to a negative effect because the whole sentiment of the market is that it'll dump. News that should naturally pump a coin mightn't have any effect on the price of the tokens or it gets dumps as people try to take profits as they sell the news (which is very common in the industry).

Go get a job outside cryptocurency if you make most of your money from  the industry either through trading or investing. Go get a job that can help put food on the table so you don't panic and sell your investment to take care of urgent needs. Or better still, keep fiats that can be used if you aren't okay with working for others.

DCA is what we do all trying to advise on but to mind that not all does have the money for us to do so or from time to time and we know that bottom price isnt something known or could be predicted which means
even if you do buy on gradual basis on way down and we do know that we cant really be having that infinite amounts. If you've done already your step on DCA'ing and the market still crashes
then you would really be having those doubts and fear but once you have done this step and consideration then i could say that you are someone who do
really make out such good steps at least.

Do not worry this is not the end, now there are many exceptional holders out there which despite the crypto winter they never had any problem holding their coins, but if you ask me they are an exception more than anything.

For the rest of the investors their first crypto winter is always the hardest, so I do not judge them when they show signs of being worried or they start to doubt themselves as it is to be expected, just remember that bitcoin is simply too good as a technology and that despite its weak price bitcoin is still as good as it was before the crash so it is bound to recover at some point in time.

Keep holding because it's not end. Bear season is a chance for investors to buy however many of us are afraid to engage ourselves because of the fear of losing our money. It will only happen if you buy the wrong coins, but if you choose Bitcoin and established alts then the possibility to gain is high. Tracking the past history can also help for you to understand how the market plunged then recover. It might take years but eventually the time will come for the market to turn bullish. If you don't sell at cheap price and keep holding then you won't lose anything, the value is declining but your holdings remain the same in numbers. Hence, keep in mind that bear market is only temporary, and those who have strong hands will profit, in time.

When people were speculating about bottoming out around $10k levels, bitcoin never stayed below $15k levels for days which is the simple confirmation that we are having 'enough' supporters to prevent further falling. So, you can assume that the current bearish trend is just part of cycle bitcoin market which will end soon and the bulls will come to action very soon.

In 2014 and in 2018, we had experiences similar year long downfall market conditions and you must be aware of where we hit in 2021 among pandemic and slow economic situations (you can assume about same scenario for normal world economy). So, current trend is temporary and will pass on soon. If you have funds, buy the dips and hold tight.

Don't look at the equivalent amount in Fiat because for sure you will dishearten to see your portfolio going down. Instead look for the long term, like in the next bull run in 2024/25. And to be able to take advantage of the bull run, you need to accumulate now and that should be your focus. You can buy in bulk, but most of us here buy using a what we call DCA, so it could be weekly or monthly buy. And last, just be mentally tough, and don't panic in this bear market. Sooner or later we will get over with this one and for sure who will be happy that you didn't sell and continue to accumulate and HODL.

It is important to remember that every night has a morning, and if you could keep that in mind than surviving won't be a big problem. I know that it is going to end up with being something not so big and important for a while, but the best thing we could do is wait for it to get bigger, and then we can make our profits. If we get out right now, with all the losses we made, then there is no logic in it.

I know it is not easy to hold it when you are %90 down, because it looks like everything sucks and you are going to be forever poor or whatever you are thinking. However, if you could trust bitcoin and hold it for as long as possible then you are going to make a good profit.

I can easily say that I knew what I was doing when I survived, but I would be lying. I am just a very very lazy person, and I mean like seriously lazy, in history books type of lazy. This resulted with me not cashing out all my bitcoins when I earn them (work for bitcoin as salary) meaning I always have some bitcoins saved up.

I didn't end up selling them, didn't get much of anything else, got paid in some other coins and tokens here and there, and I just kept them. Didn't want to trade much, did that for a while and go bored, so I just kept it. So, suddenly I was a super smart long term holder who made a good profit when the reality was just being lazy.

But not all does have the patience on doing so and this is why most of the time they would really be making out some actions basing up on what they do have in mind.Not all does have that control
and not all does have that kind of patience for them to hold that long and this is why it does really vary on a certain individual when it comes to their decisions. Market could neither be
bearish or bullish and if you are that someone who do engage to it then they should really be that versatile or someone who could make out some switch up or
made out some adjustments on point.

If you have traced back history, you will know that crypto winter is also an advantage to keep us in accumulation phase and increase bitcoin in our portfolio. So we should not fear it, but embrace it and understand that a bearish market is needed before a bullish market takes over. Just stay patient and keep hodling, this is not the end, but definitely the beginning of our crypto career.

Seeing your question, it seems that you are under pressure because I guess that you have suffered a lot of losses due to the current bear market.
Whether this is the end or not can only be known after the market moves, we can only predict and try to set strategies for every opportunity that may arise under all circumstances, so that we can remain productive and optimistic in this crypto market.

It was the end for those who make themselves doubtful about the market but for those who still have faith and courage, their journey will continue and possibly reach far.

With all the dips and losses I've experienced in the past, sometimes I got hopeless and chased my losses, yet I still fail to do it. I realized now that in order to survive all the difficulties we have we need to remain strong and calm, and most of all, to keep positive. Because there is nothing that could help but just ourselves. Because even if I tell you all of these things, I'm not sure if you are still doing it religiously or just making your own.

No, this is not the end. In my practice, this is the second major market drop and everything is happening as before. They put pressure on crypto-currency holders to sell them and prophesy a complete collapse of BTC, as it was before and they continue to say so now. However, after the crisis, growth will begin again and everyone will forget about the bad and will only talk about the good. So the only way to survive the crypto winter is to believe in the best and be sure not to make any sudden moves, I mean at least not sell BTC.

It's true that we need to remain calm and in the end a bull market will come even though we never know for sure when it will happen,
this is a challenge for us how to deal with and take advantage of a bearish market,
The most important thing is just keep following the progress

Buy worthy coins, like top coins. Also, if you know their worth in the long run, you can survive any bear market. It's about patient and perseverance, if you don't have those, you'll probably sell too early or in the middle, but I guess that's okay since it's yours, though you might regret doing that too soon. Try to find another source of income so you won't get bored waiting and you'll have the money to buy more.

Yes, now is not the end because we will see the market improve and recover from the situation. Maybe we don't know when it will happen but we have to be sure that it will come soon. You have to be patient, don't panic, and keep investing in crypto, especially in bitcoin because bitcoin will give you the best in the future. You can still buy more bitcoins before the price starts to increase. And don't listen to the news out there saying bitcoin will fall deeper or something. And if the bitcoin price does fall even deeper, it's a big discount for you because you can buy a lot of bitcoin at a lower price than now.

The season is not over and we can actually expect the worst since the market isn't in a total recovery phase yet. Others may panic and think that it's the end for Bitcoin and the whole market but this is a usual thing that happens as a part of the crypto cycle. We can't change it so we just have to deal with the situation. It's still a good time to buy more Bitcoin and another potential coin while waiting for the market to recover and as good preparation for the bullish season that we all expect to happen in the future.

When im still a noob then i do really mind off about on this market to be positive or increasing always which it did really make up some hard lesson for my part on the time that i had been holding for long because i had

bought up on the peak, not on Bitcoin but mostly in altcoin selections which im do still keeping those coins into my bag and hoping that there would be some recovery after that.This is really indeed a test of patience.
You would soon realize that the things you do have in mind isnt something that could happen out but instead it  would be the opposite.The best thing you can do is to expect the unexpected
things most of the time so that you wont really be easily get frustrated nor  be shocked.

At least, we have seen that the price of bitcoin can move up slowly and this can be a signal for us that later, the price of bitcoin will rise high and be able to reach its newest ATH. Yes, the total recovery phase is still going on now and even though we don't know how long it will take, we can only wait while preparing ourselves. If you can buy bitcoin and other potential coins right now, we will have the opportunity to make huge profits in the future because the bitcoin price movement will continue to go up, triggering it to create a new ATH. And if the bitcoin price can get the latest ATH, it will also happen to other potential coins.

when an asset has decreased by 90% it won't be good. but we can recover it by buying it again at a lower price and waiting for it until the next pump.
Patience in the long run affects the success of our investments. especially in choosing the right assets for the long term.
now that we have been in a bear market for quite a while, in the past we have seen it and many have profited when bulls have been in the market. the key is simply patience and trying to buy more for less. it can increase our profits without having to wait for big pumps that return the value of our assets.

The cryptocurrency market was very good during the last year's winter and everyone profited in most cases, Simply put, when the market is up, everything goes well, and when the market is down it's hard to actually get a fair measure of something. And since the cryptocurrency market depends on many factors and not just one factor, you can never measure it based on just one or two factors. Finally, it can be said that when you want to compare last year you have to think about many things like all kinds of surroundings.

So this year cannot be compared to last year winter in any way, I think the global environment is largely responsible.

That is indeed what we are waiting for and with the price of Bitcoin slowly rising at least it makes us a little happy,
to reach the latest ATH i'm pretty sure Bitcoin will reach it but as for time we never know,
for now it's better for us to stay abreast of developments and that's important

Bear or winter like you called it is same as opposite of bull when there will be plenty of profit taking. The lesson therefore starts from now regarding your investment. Don't invest in project that is shit and not known because they don't survive in winter. Bitcoin is the most guarantee to the kind of investment that you need for bear because after that you see halving and the price hit a new ATH.

During a bear market many coins that on the surface seem to be good also collapse and then leave investors with nothing to show for their money, right now FTT, Luna and UST are some of the names that their sole mention are enough to send shivers down investor's spine.

But this happened as well during the previous crypto winter, my point is that during the bear market we need to be incredibly conservative with the way we invest and only trust in bitcoin and perhaps ethereum as well, but that is it, only once the conditions improve then you can try to invest in other coins as it is unlikely they will collapse at that time.

Besides that, it will also increase the confidence of novice investors because they can see how their bitcoin investment can start to pay off. And if they can keep buying and holding it until the price goes up very high, their profits will be huge, especially if they can collect lots of bitcoins from now on. But we must remain vigilant because the price of bitcoin can experience a correction that is either deep or not too deep and if that happens, we will get another discount to buy bitcoin.

We know that this market is mostly composed of veterans but we can't deny that those novice are also a great addition to lift the price. It's nice if many novice have entered recently (this year) because the recent increase that happened can help them feel good. They won't think that Bitcoin is a scam like what other novice do in the past only because they entered at the wrong time.

It's fine if these novice can short sell some of their BTC. Once they got used to it, that will be the time they will try to HODL longer to earn better profits. Other benefits of short selling is that they will be encouraged to buy when the price starts dipping again.

Certainly, it's not the end of the world; neither is it of the crypto industry. At a time like this, filled with uncertainty and fear, you should maintain your cool. Don't panic, instead keep buying the dip with Bitcoin. I've experienced two full Bitcoin circles and I can confidently tell you that Bitcoin will come out better once the current bear season is over. Instead of fear and panic, buy whenever the market crashes.

I survived the crypto bear market of 2018-2019. )))

I used this period to study the theory of cryptocurrencies, for example, installing and testing various wallets. 

I have also clarified a few things for myself.... 

A bear market is the best time to buy Bitcoin. 

Is it better to buy Bitcoin at $8,000 in 2019 or $69,000 in 2021?  The answer is obvious! 

During a bear market, it is very promising to earn wages in Bitcoin.  The value of Bitcoin will certainly rise, and at the same time your reward will rise (unless you are in the habit of immediately spending all that you have earned). 

During a bear market, new crypto projects emerge.  An example is the Binance cryptocurrency exchange.

From the perspective i understood this. I think that bearish market has master a constant investors indecencies that have all known and experience bearish market, so without the experience of bearish market many people or investors wont take a precaution via the market, either bullish or bearish market investors will definitely survive in any form, the courage i should be giving to investors is that, they should not panic to sell out their coins because of bearish. And the investor's that should be panic are those ones who buy a potential or relevant coins.

Whether you do like it or not which there's no way that you would really be able to avoid this on which you would be experiencing out that bear market whether you are a complete noob or a veteran one.
This is how this market works and behaves on which it would really be that normal that you would really be experiencing out these things.About that previous winter then it is really just that worst but there's no
way that we could really be able to avoid since all of us would really be on that situation where we do really be needing to adjust and made out immediate decisions in relation with our investment whether you would
make out some step or would just eventually wait up.Its true that it would really be needing up that kind of courage which is something that not all are really good at and some do fail out
whenever they do see some decline.

We are making same comment, because the bearish market from my understand is constant snd their is no way someone can as well skip bearish during cryptocurrency investment, so i like the situation whereby Bitcoin can corrected in the market, because bearish season arr seen as market correction, that's from my understanding.

The presence of beginners in the market can provide good moves because many are less experienced in playing in the market. And even though some of them can follow market movements, veterans can still take advantage of them, which has happened several times before and will continue to happen. And as long as the newbies didn't try to learn more, they would become the targets of the veterans so they wouldn't be able to gain any benefits.

Beginners must start learning to understand the meaning of HOLD to gain future profits and even though it seems difficult, they should still try. If they can learn to analyze, they can still have the opportunity to benefit later.

Read and analysis the chart. All the answers are there in plain sight. You just need to zoom out to see the history of BTC. No it's not the end. It's just another bump in the road.
And I can't help but mention that, bear market is not a bad thing at all. It helps the industry to get rid of those who are weak hearted. Panic sellers.
Get rid of alt coins and just keep HODLing BTC. As they always say. It's an opportunity. So fill up your bags and go to sleep like a frog in the winter.

Market couldn't really be just having one path which is going upwards which it would really be just normal to have corrections and this wont really be a smooth sail ride kind of investment on which it would rather have

lots of humps and bumps along the way and this is you should have in mind so that you wont really be that expecting or anticipating that much and this is where you should really be making yourself
realize and do mind off on the things that you should do.

Dont make yourself that desperate and deal off with the reality that we do have in the market.Crypto winter might be long but with these bottom prices then its
not really bad to consider on filling up your bags.

It's best to hodl for long term investment plans. Whether the market goes down in the future, if you aim to hodl it for a long time, you will make profits. The market is now a bit green for the time. It's a false indicator towards a bull run. But it will take correction again. Don't know much more than this for now. But as we all know, it will go towards 100k in the next bull run. So we can just forget about the present and aim towards the future. But for traders, that's some other story.

I do both, hold for long term and day trade, and this move up caught me in some positions. Since we are in this position now I would like that price stays stabile for some time to accumulate more for long term and for trading perspective sideways is the time where I do best trading. Those big swings are hard to predict.

It will be the end, if you give up. The point of profiting from the market is not to give up during the bear market and not to get euphoric during the bull market. You need to buy in the bear and sell at the bull, if you miss that opportunity you will have to wait out the next cycle with patience.

So patience and dedication to the market are the two basic things that can help you survive crypto winters (and summers :D)

While it is true that prolonged bear markets are less common like it is happening now it will end because it a cycle and your job is to keep holding through that cycle.

I think just consider the fact that everyone that holds long term in 2018 was the one that makes the most in 2021, it's simple but it shows how holding was actually quite good strategy even better than trading where profit is still uncertain but one thing for sure that will requires tremendous patience and not everyone could do just the same thing, holding long term requires real commitment not some measly ones.

For people have budget to do so yeah this is perfect strategy and it will only cost low energy for you to do so compare doing some trades everyday. Since hodling doesn't need any technical strategies and you need to buy then set some timeline on when you want to sell it especially when bull market came. Hodling bitcoins has proven for so many times effective and many holders became rich for doing this.

Your strategy is very different from others , most of traders wont be trading on sideways market as its hard to predict and also takes more time analyzing. I myself i do have trend following strategy works best on uptrend market which i am only using this on specific market and also when it is green days. Though holding is best as it has less effort but needs patience as you need to hold longer and also if you have a lot of money to spend for your investment the better the profit

Even though cryptos are divisible and we can be able to invest in them even at tiny amounts, I still think that you are right. In order for the long-term investing to become effective. One must add coins to his stash regularly. He can do this by buying at the dip or by just doing a DCA. It's also true that investing requires only low effort because we can just pick a top crypto and then abandon the market for a while.

We will only come back after a long year but that must also be when the coins are rallying and have reached their new all-time highs. This is pretty different in trading. In trading, a constant analysis is required. Not just a simple one but it's mostly technical.

Yes, everyone doesn't have the courage to hold long as they got influenced by social media and the negative environment. Holding seems quite easy to say and everyone does but in the end, only a few people got there while the majority are selling before the ATH come. Gladly we still survive the previous bear season, it was really a long day it takes before we recover but we never lose our minds and faith. If we did this before, it is easy for us to adjust the market today and still hold until the next bull season.

The entire 2022 was a war between Layer1 and Layer2 projects, and their actions all affected bitcoin. However, the war does not mean that the market, particularly Bitcoin and some Altcoins, would not recover, as you can see that most of the volume has decreased by 9/10, so be cautious when buying altcoins. I would personally advise you to buy bitcoin and hold it because, by the time the market starts another rally, both the bull and the bear become merged with large long positions, so instead of waiting for the bottom, start buying some sats and hold them just in case, and please avoid keeping your bitcoin on centralized exchanges, that is the worst thing an investor would do right now.

Bitcoin is a safer investment than altcoins are likely to vanish from the request at times but bitcoin stands at the top of all currencies. Altcoins rise depending on the value of bitcoin it's a good time to hold on to bitcoin without getting frustrated with the way the request goes. Don't be in a hurry and do by assaying the request. occasionally platforms exploration crypto functionality and present a template with which they can identify its functionality.

Not only this winter but I have been through more winters before. I have had some personal experience to overcome such situations. I say from my personal experience that you don't accept any nonsense altcoin in bear market. Avoid the altcoin section as much as possible. Many altcoins disappear from this bear market and then never rise again. Always keep an eye on Bitcoin during bear markets. Take Bitcoin if you can and keep it as a long-term investment. Of course you will find bear markets and you can make huge profits there.

We know that there are certain type of traders which neither you would really be actively dealing with the price or would rather just decide yourself to hold just because you cant bare off the volatility or simply you dont

have the idea on what you should gonna do.DCA is indeed good but only for those who do have money and to those who could be able to take up some risks, considering that there's no assurance for this type of
investment. For those who had survived those previous winter then you would really be making yourself that aware on how this market behaves.

You do already have the idea and this is why these situations arent shocking anymore to you.

This is not the end, of course, but to make it until the next bull run doesn't just need hope, they need perseverance until they make it and survive in this winter. I just have been in the 2017-2018 bear market but it seems like yesterday, to all, it's time to learn your craft in space there are too many things you can do and learning is the key. Get a job in the space and put aside some investment until the next bull run, that's the key to survive.

I would say 2021 was a war between them as well with both sides winning but one side winning more. I always assumed layer 2 options were not that great, that's just my understanding of it, I believed layer 1 was a better solution because they had their own stronghold and that would be great, but that doesn't mean that there is a naturally better one in any of them.

If a project is good, it's good, if a project is bad it's bad, doesn't matter if they are layer 2 or layer 1, you could be a great one in either of them or you could be a terrible one in either of them as well. Which means there are projects out there which are great in both of them right now and tens of thousands of terrible ones unfortunately.

Bear market is for buying/earning more Bitcoin in that way when the bull market comes that Bitcoin you earned during bear market will be worthy enough to make you a decent profit after a long time of holding. Patience and perseverance are all we needed during this time of bearishness. Everything will be alright when you finally gonna sell your investment for a profit but not today since it's so obvious that we really need more time to be holding our investment.

Everyone should have a plan for sure, it's not easy to survive the Crypto bear market if you don't have a plan, prices sometimes take months to move and people should consider their expenses during this period, in addition the bear market is supposed to last at least two years during which you may get profitable investments opportunities, so we should be prepared to buy.
Having a job and don't be fully dependent on Crypto investments is also something we should consider, because every saved Dollar to buy Bitcoin or other reputable altcoin will probably give amazing ROI later, so having a job would help you to add to your holdings.

not just months, even years to see prices move up the way we want them to. I myself don't only have income from here, because if we only have one income from one direction and that direction sometimes experiences unwanted situations it will make it difficult for us to maintain our assets. I have several directions for my income, even though the amount is not much but when put together the amount is quite good and it can be used to survive in a bear market situation, and it is also enough for me to do DCA.

Often newbies come here with the idea they will become traders and make a living wage out of the markets but this is not very realistic, becoming a full-time trader is incredibly hard as the only traders which can make money during adverse conditions are the ones that have a very high level of skill and which can short the market in a very precise way.

And as you may imagine this is very complex endeavor in a market like this one which presents strong trends and extreme volatility, as during the times in which the market is mostly flat traders decide to use leverage to increase their profits, but such periods are then followed by extreme volatility which can appear out of nowhere, and it is not rare to see a lot of margin calls during that transition period in which those that were shorting the market lose all or the majority their capital in a matter of hours.

actually there is different situations occurs and I think that if you buy a specific coin and do not sell it in low price then the chances boost up for your success. In previous winter the situation was somewhat harsh because the coins was little bit down so the price always goes up and down and when you wait and keep calm for the best time to come then you will actually win for what you worked hard.

In addition to avoiding investing in altcoins, what newbies like OP need is patience because even if he invests in bitcoins, but unfortunately, he buys it at a high price and suffers a temporary loss, which will make him panic. The bear market is a test of the psychology and confidence of all investors, long-term investors are sometimes confused when the market turns sour.

OP, Bitcoin is a long-term investment, so there will be temporary losses, but all will bounce back. You should refrain from checking your portfolio and charts too much during the bear season, it will only cause you more panic. Patience, patience is what you need now.

Well, the start of bull run may be next year since the BTC halving is always the huge catalyst for Bitcoin price. Having multiple streams of income should be nice it should be passive considering inflation these days doesn't seem to lowered. We're gonna make it to the next bull run again and I'm for sure this is the best opportunity right now to pick the best coi/token to invest in.

Hodling is good especially for newbies, but I think hodling alone is not enough to make the best out of crypto. When you have long experiences already in crypto, then I suggest you start to learn trading because that will give you bigger profits compared to long term hodling alone, but of course there is higher risk to it so you need to be more prepared and gain more knowledge and skills first because that will give you an edge towards other crypto traders.

Fear and panic are not helping at all. In fact, they will serve as the barriers so you will lost opportunities to earn and gain in the process. Instead, stay calm and patient despite of every market uncertainty that comes. If you do that, you will be able to think correctly your next steps in the crypto market and you will end up having wise decisions that will make you a winner in the market.

the OP should look back at the old prices so he will see the big picture of what's happening in the btc market. and if he does that, he won't be too worried because the price today is already a big improvement and consider also the adoption of the crypto market as a whole. if no one is talking about crypto anymore, that's when you start doubting the longevity of this market.

If he would do that then he would be able to see on how far we do able o r each out and this is something that people should really look upon on which the price is always been having that moment where it would really be raising it up and we do have the times where bearish or crypto winter do takes long but we know that on a market that it cant really be on this way forever.There would comes a time that
trend would really make out some reversal and this should really be put up in mind.If you are in doubt with Bitcoin or overall crypto investment then this place isnt for you because
the main thing you should mind first is on to accept the risk and bare it up on the time you do step into this market.

everyone that gets impacted in bearish yet still insist in holding their investment for long term and eventually they see bullish gets massive profits that's like the reason there's saying that holder always wins because the value of bitcoin is linearly growing despite having some decrease along the way it's always increasing, and I'm sure history will repeats.
therefore if there has been massive losses incurred towards your investments, always be positive that things will get better and eventually your investments will recover.

For those who have not yet witnessed the collapse of bitcoin, we should also sympathize with them, although they took the risk and were willing to lose the money they invested, once invested, no one wanted to lose their investment. The feeling of fear of newbies is the same feeling we had experienced in the past when we first entered the market. I believe there isn't a single newbie who didn't panic when he first saw bitcoin drop 80%. Belief must be built over time and cannot be formed in thought without experience.

Newbies can't figure out what really happens in the past few years and I understand them but I think it is also important for them to know about it. Perhaps, it was their obligation to search back and understand why old investors are encouraging them to hold. It is important to educate ourselves and don't just remain as newbies, we have to enhance our knowledge as well even though we are new in the crypto market. Otherwise, we never go far and remain ignorant of what happened before.

In my opinion, advice or studying history only partially helps them, and cannot help them have strong and absolute beliefs like us. Our trust is built over the years by experiencing and raising awareness for ourselves. So I think let them experience things for themselves in this bear season they will have the same faith as us. There is no better advice than to experience it for themselves, and once they have it, no bear season can scare them away again.

what you say is right. those who survive the bear season will have firm faith. but those who falter will be cast aside. that's what we will always see when the market situation fluctuates. would naturally select those with willpower and those who simply wouldn't be able to endure even the slightest shock.
but when the bull market revives, everyone will flock to the market again to start again. and it was too late because they missed the very cold bear season.

That's fine, they will live and learn. I mean I didn't understand what was going on in 2014 and 2015 period neither. I thought that in 2014 we were going up so high that it was always a shock the more it went up, and I didn't think that it would ever go higher and it still went up, it was insane period because it was the first time I saw it rising like that. Imagine seeing it at 30-40 dollars and then one day it was like 1400 dollars, that was insane.

Also following that it crashed to 150 dollars or so, did not see that as a thing neither, didn't know if it was dying or not. After that 2017 was a bit more expected, still higher than I expected, from 700 low on 2017 to 20k high, that was a lot, but it was expected to go up at least. So in 2021, it was just boring good old increase that I always knew that would happen.

I started learning about bitcoin shortly after the 2017 dump, when it was worth around $3000 and I started accumulating on that price. Over time, studying I understood that in trading if you don't really want to hurt yourself you have to maintain a "zero emotion" attitude " not to get anxious and think about simple rules, buy low and sell high, and it doesn't matter if days or weeks or months can pass between a buy or a sell! the important thing is to bring the profit in your pocket ;)

You could say the bear season is like a filter those with strong will will survive and vice versa,
it must be admitted that it is not easy to survive the bear season,
having a strong mentality and patience is essential to survive bear season.