Before and after bull run , please keep in touch with your relatives who are into bitcoins/Cryptocurrency. We have heard of cases of people commiting different kind of crimes due to bear market hitting them unprepared.
I think we are being unfair to always expect the markets to keep going up without sweeping lows where liquidity lies to gain momentum to make new high's. As a matter of fact if we want greens be prepared for the Reds as this world everything comes in pairs!!
Though you caught me off guard as I haven't seen or read about these crimes that come from crypto investing and the bear 🐻 market. If this is the reaction we get after a bear market then investors need to treat this as an investment they are willing to lose though technically you won't lose your coins.
No matter how prepared everyone can be, there are people who will keep holding until the bear market strikes.
These are the hodlers that get rewarded handsomely for believing in crypto in the bad and good times as they show they have the nerve and guts to hodl and remain unshaken nomatter the circumstances!!
Keep in touch with your family and friends before and after bull run, the happiness of profit can also drive one crazy which can make one do something unreasonable such as getting drunk, driving recklessly and many more. To those who will see this thread, please keep this words in mind.
Timely advice that needs to be echoed more!!
Especially that we have read of suicides in the past leads me to believe this could save a life, thanks for the advice !