Both we know, that a bear is not something static. The bad and clever bear only had to sell his coins on ~1000 and bought back on ~400 to have 2,5x more coins (on only one swing).
Reading "bears never learn" after a long and hard bear/consolidation market makes me a bit afraid, that market participants are losing touch with reality.
No, I don't think we will fall to levels of oblivion and I hope we will build up a stable base between 400 - 600.
[...]
The mysterious thing is that a lot of your bears will be on board of your CCMF, if and when it comes. Quite likely they would be one reason (if not the reason) of your CCMF.
Reading "bears never learn" after a long and hard bear/consolidation market makes me a bit afraid, that market participants are losing touch with reality.
No, I don't think we will fall to levels of oblivion and I hope we will build up a stable base between 400 - 600.
[...]
The mysterious thing is that a lot of your bears will be on board of your CCMF, if and when it comes. Quite likely they would be one reason (if not the reason) of your CCMF.
Very much to the point. Really appreciate your posts in general in this thread, btw.
There was a discussion in here a while ago if it even makes sense to talk about "bulls" vs. "bears", or whether that's a gross simplification that should be avoided.. I suggested the following distinction:
(a) that as a successful trader or investor, you should strive to fall into neither camp, i.e. stay as objective wrt the market as possible, and
(b) that the only ones actually deserving the label "bull" (or "bear") are those who accuse others loudly of being a "bear" (or "bull", respectively).
(don't complain. it only looks like a paradoxical definition.)
It made sense to be a bear when the price was +900 USD and trolls screamed buy buy, but now when we are at the bottom, it doesn't make sense. Anyways, it is your choice.