what my friend said in november came true.

[QueenVera]

It's January and now bitcoin has fallen to 35k, followed by altcoins. what my friend said at that time came true and his prediction came true. last December became an important point in determining the direction of the trend. the result is that at the moment the market can't hold on and continues to fall slowly. most likely we will start a bear trend. if i listened to it maybe i wouldn't worry too much about the current market situation. My current choice is only two, hold or cut lose.

Usually before a bear market there is always a spike in the market and introduction of a new trend to the Industry, in 2017 we saw ICO becoming a multimillion dollars business then in 2021 we metaveruand GameFi becoming a trend. All this we're signs of we reachinythe peak of the cycle so the crash was anticipated expect for those just joining and wishfully hoping for the increase to continue so they can get profits.

One thing about this time bear season is that, it might not be as deadly as that of last cycle in the sens that we did not have much blow up tops. People did not over bought as they did in 2017 so maybe the market might not take a big hit and soon the bulls regain control of the market.

[jostorres]

It's January and now bitcoin has fallen to 35k, followed by altcoins. what my friend said at that time came true and his prediction came true. last December became an important point in determining the direction of the trend. the result is that at the moment the market can't hold on and continues to fall slowly. most likely we will start a bear trend. if i listened to it maybe i wouldn't worry too much about the current market situation. My current choice is only two, hold or cut lose.

I think what happened here is a two way thing, which could have happened that you turn out right or your friend turn out right, but unfortunately for you your friends speculation turned into reality, I don't think you should be unhappy with yourself or whatever because could have been you or him. I think what you should do now is to remedy the situation which is to hold till the bear market is over.

I guess what most people on this forum had speculated also will come into reality in next few weeks as there are enough possibilities for entire crypto space to bounce back into bullish mode. I know many times all speculation on bitcoin got delayed but never failed so far as per I have observed.

[tvplus006]

...My current choice is only two, hold or cut lose.

It remains incomprehensible to me that you did not accept your friend's recommendation, although you knew about it last year. Now you have only 2 options: either you sell your coins in the hope of buying them cheaper or you continue to hold. If I were you, I would choose the second option.

[zonefloor]

frankly, anyone with a little experience in the cryptocurrency market can make this comment. There is nothing distinctive. Every rise has a fall. In other words, if the rises do not last all the time, someone cannot put money in their pocket anyway. The point here is to make the right decisions at the right time and read the cryptocurrencies in your basket at good prices. Other than that, I think we're entering bear season. I hope that we can make a final correction and exit this market in a nice and profitable way.