How was last crypto bear market

[hyudien]

What is certain is that there were a lot of trader mentalities at that time who felt the crypto market was over. But in fact the market is naturally like this. This will bring excessive bearish momentum and then lead to a period of intolerable bullrun. So back to the short term or long term trading/investment criteria?

To be honest, most people will be very worried about the momentum of 2018 and don't want it to happen this year. Everyone remains vigilant as no one knows what will happen regarding the state of the crypto market. Always invest with money that you don't need in the near future.

[GreatArkansas]

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.

I learned too much from the previous bear market, that's why I am very thankful lately, about how to take profits slowly during the bull run.
It will not always be Christmas in short, it will not always be "UP ONLY". Never marry your altcoins.
Once you experience a bear market, you will regret a lot of things, I admit that especially if you are full of hype or first time to experience it.

[SUPERSAIAN]

Yes, it made me feel bad for staying inside. It would have been very profitable for me if I had spent the bear season with no assets in my hands. After 2018, I made purchases piecemeal constantly, it was profitable for me when the time came. It would have been much better for me if I hadn't stayed inside. I got a little greedy in the 2017 upswing and couldn't sell my assets, the result for me was to wait 2-3 years.

[kurniawan05]

when the bear market occurred in 2018, at that time I was new to blockchain, it felt so frustrating, assets fell with a value below 20 percent, but I am still optimistic that the bull run will come back again.

[lombok]

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.

Staking stablecoins is one of the right choices to deal with a bear market. At least by staking stablecoins, our money is safe and its value is not affected by the decline in crypto prices. There are various options for staking stablecoins with varying returns, depending on which stablecoin we choose.

[Jack_Sin]

I got a little greedy in the 2017 upswing and couldn't sell my assets, the result for me was to wait 2-3 years.

We have seen evidence of bitcoin price recovering since its bearish breakdown in 2018, many people were frustrated because the impact of the price plunge was so significant that it cut-loss to minimize losses, but lucky for them to buy at that time because they already pocketed high profits.

[BIT-BENDER]

Although I wasn’t here but you should also know the answer, all bear market are always bad for everyone in crypto-currency. But from my history of since I join Crypto I have come to see that after a great bear market not to long from then a great pump follows and sometimes leads to a new all time high. Although I think now Bitcoin has gotten a better adoption than it had then so we may not see severe bearish market.

[Xal0lex]

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.

Those who say it's terrible and all that sort of thing don't know how to make the best out of such market cycles. Most people during such periods simply sell off their valuable cryptocurrencies when they should, on the contrary, be buying them. Buy when there is fear in the market. The bear market that started in 2018 and continued through early 2019 was a great reason to build your crypto portfolios. ETH at $60, BTC at $3,500. It was a golden time to invest.

[Silberman]

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.

You have no idea of how awful it was, the price went from being close to 20k to 3k, it was without a doubt one of the most difficult things that I have ever experienced and as an investor without a doubt it was the most difficult one, anyone using any kind of leverage basically lost everything, those that sold their houses or cars to invest were ruined and only those that were 100% convinced about the future of this market remained in it while the rest left and most likely never comeback, however for the few that survived this brought them a lot of benefits, as for example the current decrease in the price is nothing for those which went through such a brutal crash.

[marissa23]

Those who say it's terrible and all that sort of thing don't know how to make the best out of such market cycles. Most people during such periods simply sell off their valuable cryptocurrencies when they should, on the contrary, be buying them. Buy when there is fear in the market. The bear market that started in 2018 and continued through early 2019 was a great reason to build your crypto portfolios. ETH at $60, BTC at $3,500. It was a golden time to invest.

Many people invest not from cold funds so they are not prepared to lose it, besides that many novice investors do not understand market cycles and do not understand managing portfolios well. I still remember the time when the prices of ETH and BTC were the cheapest since 2018, will the next bear market reach its lowest values like 2018 again?

[YinShuiSiYuan]

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.

With me, until the end of 2018, I did not believe that the bear market could last so long. Then I was sure that it would last 3-4 months at the longest and prices would start to rise again. With the bull run lasting so many months, it seems impossible for the market to collapse so badly. Fortunately, we do not have such sharp drops in prices now, so even if we enter the bear market, the losses will not be as large as they were in 2018. Back then, I really thought it was the end of cryptocurrencies.

[X-ray]

that's the horrible moment in my life.  I thought that if i will be loosing everything caused by that. I were holding so many altcoins. that makes me feel that if i need even to stay away from the crypto from sometimes until the market will recover again.
That's the worst experience in my life. The crypto bearish market was really affecting people's mentalism when it came to the big bearish trend and this is also destroying so many people in the market.
I remember that so well when that happened.

[Cadaver20]

Looking at the bear market of 2018, it seemed that there would never be a bull run in the market again. I remember that I sold 1 ETH for $88.
OP has highlighted staking in his question. Those who staked at that time were definitely at a loss but those who staked and forgot about it. And those who forgot have now made huge profit.

[Scripture]

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.

That was one of my worst experience but I’ve learned a lot from it and what I did in the last dumped I was able to buy at the bottom because I already have the knowledge on what to do if the market crashes again. If you see dumped price, that can be a good opportunity to buy so don’t panic and stay focus on your goal because the market will always rise especially with Bitcoin and good altcoins.

[7788bitcoin]

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.

Majority of the shit projects also allows staking options, so if you are planning to invest in a project you need to think about the long term feasibility and how long they will built the project and if you think that the project will survive for the next 5 years then you can invest in them and start staking them. It has its own risk and whatever you do follow the project updates all the time.

[sayaya17]

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.

Of course, the bear market experience that occurred in 2018 will not be forgotten, because at that time I had no experience in the crypto world.
So the drastic price drop when it made me panic and stressed, imagine the assets that I own the estimate drops very much. Especially when I used
capital from a bank loan, you can imagine how scary it was at that time. But slowly I started to understand how the crypto world works, so if this year
there is another bear market like in 2018, I'm much more ready to face it. Although I'm pretty sure what happened in 2018 won't happen again this year,
because many institutions have started to enter the crypto world, this makes the market less volatile as happened in 2018. My advice if there is
a bear market, don't panic, all we need to do is stay calm and just hold the potential coins we have. Don't even think about selling the coins we have
at a low price, I even suggest buying more potential coins during a bear market. So if the bull market finally comes, we can make big profits.

[Psynthax]

Bear market was a very bad thing for sure. Full with FUD, FEAR, PANIC sell , DUMP everywhere. the last time i have seen that bunch of FUD happened to the market at the same time. I hope that time will never come back again soon. this makes so many newbies are feeling distrust with the crypto market. They are feeling that if the whales are only eating their money. This is the worst time to think about that. The last time of big bearish market was around first quarter of 2020.
We will not see that again soon.

[Blowon]

The bear market that I am currently facing is not as bad as it seems, even though the price cannot fly high, at least the trust of the people and the cryptocurrency community has increased quite high compared to the bear market in 2018. Even though after 2018 we are back facing a bear market as it is today, it does not make us afraid of losing. cryptocurrencies forever, because we believe cryptocurrencies can continue to grow under negative market pressures, this has been proven in the past few years.

[Innerpumper]

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.

What I felt when 2018 was very bad, I really believe in those who think that this condition is the end of the cryptocurrency market. I withdrew all my existing assets in the market with a fairly high minus, after that started looking for a new job, but sadly everything they say that bitcoin is doomed is just a thing to be used to scare. They are very lucky to get cheap prices, whereas we have to sell cheap. it was the first and last time I wanted to experience it, I don't want this to happen again in the future.

[5W-KILO]

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.

Isn't this already happening right now? Slowly the bears are gaining power and you can see that BTC loses is strength over time, ETH is back under 3000$, my chart says we are heading for a new bear market but I have confidence because of mass adoption rate, whales and millionaires around the world are taking advantage of every dips, which is a good thing.