How was last crypto bear market

[ANSEL_2.0]

This question is for those that are here when bear market of 2018 stormed the crypto space, how doesn't it feel like? All those staking for perceive income makes sense at all? Or returns went so bad and makes staking looks like a bad idea? How does it felt like.

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[aprilnot]

it feels so terrible, sometimes I even think crypto is over. I'm scared every time I look at the crypto market, I see that my portfolio is lose. If at that time I gave up and sold everything, I wouldn't be here today. maybe that choice will be the biggest regret of my whole life later. but if today the bear market starts, I won't be as pessimistic as I used to be. I will use this as another opportunity to build my portfolio. waiting for the next 2-3 years is no longer a problem for me, because I have experienced it in the past. the second time didn't scare me.

[TreyARC]

I heard it was so terrible that many left thinking it was over for crypto, mining and staking became a total joke as they aren't even near to making sense at all, I don't think the same thing will happen because crypto adoption of 2021-2022 is far different from 2017-2018.

[FrozenBit]

This question is for those that are here when bear market of 2018 stormed the crypto space, how doesn't it feel like? All those staking for perceive income makes sense at all? Or returns went so bad and makes staking looks like a bad idea? How does it felt like.

The truth for me personally is that the losses persisted, and I could not continue to maintain the source of money to participate in the market. Indeed, it was one of the big lessons for me. I remember I made a lot of money before, but after a vicious cycle from the ICO, I was almost stuck with losses. Although not so heavy, it also made life cluttered. I think that newbies will not be able to avoid this problem when the background knowledge as well as maintaining the investments are not suitable for their finances. Over time, I have always loved this market and am satisfied with what I have got.

[yurez]

All those staking for perceive income makes sense at all?

January 2018 to April 2019 was the hardest bear market for me. During that period of time, I almost stopped doing PoS mining and sold a lot of coins at a loss. I hope that the bear market of 2018 will not repeat itself in the near future, although I will be morally ready for it.
At the moment I am staking some tokens on the Binance exchange and I accept everything that comes with this risk.

[mindrust]

This question is for those that are here when bear market of 2018 stormed the crypto space, how doesn't it feel like? All those staking for perceive income makes sense at all? Or returns went so bad and makes staking looks like a bad idea? How does it felt like.

It went down first. Then it went up. Everybody thought the bear market was over and then it went down again. Then it went sideways for a long time. People thought again, the bear market should be over by now and it went down even more. Then it went up and passed the last ATH.

^Basically every bear market there is in history^

I don't think this bear market is going to be an exception.

[redwine49]

This question is for those that are here when bear market of 2018 stormed the crypto space, how doesn't it feel like? All those staking for perceive income makes sense at all? Or returns went so bad and makes staking looks like a bad idea? How does it felt like.

The last crypto bear market is not good. It's bad time for me especially when my bussiness went wrong.
I am forced to sell 80% of my crypto at much lower prices than now, just to keep the wheels spinning and now i'm still trying to get back up

[makishart]

This question is for those that are here when bear market of 2018 stormed the crypto space, how doesn't it feel like?

I feel like that if you are riding the roller coaster that will bring you to the bottom and then to go up again. I have experienced whole of my assets worth nothing for temporary and a few years later all of my assets were reaching the ATH again. That's the worst time in the crypto industry when you are seeing your money gone for temporary and people with weak mental would cut loss their investment for sure.

All those staking for perceive income makes sense at all? Or returns went so bad and makes staking looks like a bad idea? How does it felt like.

For people who wanna earn more tokens or coins instead of seeing it from the fiat value and nothing wrong with it. that's why you must always try to put some as reserved funds when the crypto market face big bearish trend and you will have urgent money.

[JooBra]

This question is for those that are here when bear market of 2018 stormed the crypto space, how doesn't it feel like? All those staking for perceive income makes sense at all? Or returns went so bad and makes staking looks like a bad idea? How does it felt like.

Honestly it depends are you long term or short term in crypto. If you are long term then it bear market is good chance to get some coins on discount. As metter of feeling it feels really bad but thats the nature of crypto.

[hugeblack]

When everyone starts to fear and panic and say that “the sky is starting to crack”, then it is the best opportunity to invest and buy more, but the problem is that most people think that the game is over and they should sell.

So, always when you invest in digital currencies, consider that your money has been stolen or disappeared, and then any profit, whatever it is, will be a good profit for you. As for the loss, it is not calculated, and therefore no matter how low the price is, you will not be afraid to sell.

I remember being a beginner and my purchases are still the best investment so far.

[redwine49]

When everyone starts to fear and panic and say that “the sky is starting to crack”, then it is the best opportunity to invest and buy more, but the problem is that most people think that the game is over and they should sell.

So, always when you invest in digital currencies, consider that your money has been stolen or disappeared, and then any profit, whatever it is, will be a good profit for you. As for the loss, it is not calculated, and therefore no matter how low the price is, you will not be afraid to sell.

I remember being a beginner and my purchases are still the best investment so far.

Yes it is but it will take years but when conditions & economy require you to sell it. you didn't have choice anymore.

This question is for those that are here when bear market of 2018 stormed the crypto space, how doesn't it feel like?

I feel like that if you are riding the roller coaster that will bring you to the bottom and then to go up again. I have experienced whole of my assets worth nothing for temporary and a few years later all of my assets were reaching the ATH again. That's the worst time in the crypto industry when you are seeing your money gone for temporary and people with weak mental would cut loss their investment for sure.

I also have assets that go to zero after a few years. What do you think?

This question is for those that are here when bear market of 2018 stormed the crypto space, how doesn't it feel like? All those staking for perceive income makes sense at all? Or returns went so bad and makes staking looks like a bad idea? How does it felt like.

Honestly it depends are you long term or short term in crypto. If you are long term then it bear market is good chance to get some coins on discount. As metter of feeling it feels really bad but thats the nature of crypto.

it's also depends how much money you want to put in and how is your economic condition

[Maestro75]

Maybe I can describe the bear market experience as a third world war like every other finance sectors ganged up to beat cryptos. Cryptos took a severe beating that most us newbies then thought that would be the end of cryptos. If anyone told me then that bitcoin falling from around $19,000 to below $3,200 was going to survive till date I would doubt it. But that is what bitcoin knows how to always do. It survives every beating. It was a horrible experience watching all my altcoins go to zero value. If that situation comes upon us now I will not panic to sell anything because I know bitcoin will survive it again.

[stadus]

This question is for those that are here when bear market of 2018 stormed the crypto space, how doesn't it feel like? All those staking for perceive income makes sense at all? Or returns went so bad and makes staking looks like a bad idea? How does it felt like.

It was the worst bear market because we were coming from a bull market and I was thinking bitcoin will collapse, but of course, I learn a lot from that situation that's why I don't easily panic now. If we will experience the worse now, I would not be surprised because I believe that it's just part of the market cycle.

last time, bitcoin almost hit $20k but drop $3k, so we are not seeing yet a very low price if we pattern the movement in 2018.

[TastyChillySauce00]

The bear market in the 2018 was become the worst bearish market that has ever happened before. So many people were feeling frustate with their portfolios. Bitcoin gone down so hard and this is also giving a very big impact to the another altcoin as well. This time bitcoin is far stronger than before and i hope that time will not come again. that's enough for me to see that everything were going down so hard. It's a very bad experience in my life so far with the bearish market.
People who stake their tokens already committed to earn tokens and they were not care about the price

[diminizio]

2018 was the saddest bear market and it was my first time facing a bear market when it comes to cryptocurrencies. They said that cryptocurrencies will end soon because the bear market really damaged prices very badly at that time, thinking that cryptocurrencies will end made almost 80% choose to leave cryptocurrencies because they think they are not worth investing in. But we smile again when we know that 2021 we have another upside and cryptocurrencies are still growing well.

[ardydyon]

at that time in 2018 many people may have suffered losses due to the bear market that invaded crypto.
it certainly makes the holders panic and sell assets at a loss. but if they are patient in 2021 they should have experienced a very extraordinary advantage
because in that year the crypto bull market was very high and many made new ath.
I think if we invest in crypto, the point is that we have to be patient, because if we believe in the project or coin that we invest. although someday the bear market will definitely come back bull and make a new ath.
the point is to be patient and choose a coin that really has a good project in the future.

[|MINER|]

I don't think the 2022 market will be like the 2018 market. But it cannot be said that 2022 and 2023 will be a very good one. In fact, no one can predict the cryptocurrency market. But something can be understood by analysis. Currently Bitcoin is down about 42%. And if so, how much? Even so, we should take prepared for this.

[Teraboy]

You forget that we have staking stable token at that time. Mostly people have been converting their assets into the stable token to be used for staking purpose during the big dump that happened. This is the best strategy that already done by so many people to keep get the passive income even when the market is having very bad performance. I think that staking is not always related to the staking altcoins but you have so many choices like staking stable token. People who used this method able to avoid the bearish impact.

[jrrsparkles]

This question is for those that are here when bear market of 2018 stormed the crypto space, how doesn't it feel like? All those staking for perceive income makes sense at all? Or returns went so bad and makes staking looks like a bad idea? How does it felt like.

If you compare the APY of staking vs growth of altcoins from the last bear market its like 1 and 100 respectively, staking is for passive income and holding is the thing which can bring real returns which means even if you hold $100 at the peak of bear market then it will be over 10 or 20 times atleast in the peak of ATH.

[bitkanu]

So you are thinking those stakers were loosing a lot but if they are keep holding their staked tokens until 2021 and they may have been farmed bunch of money for sure. I just wanna say based on the reality if people who still staked during the bearish market are believe with the potential that owned by the token. These kind of investors are not only short term investors but these are long term investors that may hold their tokens for years or even more.
So you can't generalize that if staking at the time will always bring you to the bad result. it's not how crypto market works.