How was last crypto bear market

[Cryptomiles1]

i actually witnessed it but not that familiar with platform due to i was recently introduced to platform and cryptocurrency discussions. with my little experienced then it was so bad whereby there were lot of cries all over include someone who introduced me to the cryptospace people lamenting here and there.

[indo1]

I will always remember the bear market in 2018 because after all it will be a very important lesson for me. The lesson is that in the world of cryptocurrencies we all can't trust anything completely always read the news from a careful and trusted source. 2018 we were so easy to fool for people who say the end of cryptocurrencies has become a much bigger era of cryptocurrencies. I hope this will not happen again, because surely many people will regret being like me.

[doctor877]

experiencing bear market is one of the things that makes you appreciate every profits you see in bear and how you should take profits. for people who experienced it i believe its so much of an experience that will help in the  bulls and bears times. the sad thing is those that didnt take profits.

[Wiwo]

I was not on this forum then, but I was well aware of the 2018 market crash which affected almost the entire cryptocurrency market. It was a devastating moment for most investors back then in 2018 staking was not so popular so not many coins were stocked in staking but a lot of heavy investors were holding large amounts of different coins which went from all-time to near zero within a couple of days.

[JooBra]

I was not on this forum then, but I was well aware of the 2018 market crash which affected almost the entire cryptocurrency market. It was a devastating moment for most investors back then in 2018 staking was not so popular so not many coins were stocked in staking but a lot of heavy investors were holding large amounts of different coins which went from all-time to near zero within a couple of days.

Beside all that the level of understanding and investment in crypto has changed. I have a feeling people now know much more then in 2018. Staking in 2018 was kinda a new thing but know is something that most people of crypto know or use.

[Imran232]

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A bear market is always painful. No one loved the bear market because no one wanted to see their assets in the loss section. No matter if it is the 2018 bear market or the last bear market in 2021, no matter the time or even today, when our portfolio becomes red in a day, it could be 1% or even 10%. No one will like to see that, even if I am also not. But for a holder like me who loved to hold his money for the long term, they didn't care that much about the bear market. Just remember that the bear market is the time to keep patience. So just be patient and wait for the magical moment when you'll receive your desired profit. my overall opinion; others can be different. Thank you.

[Mosharafhh]

Yah i remember those days when bitcoin goes to 3800$ also eth and bch also was in 70$ and 80$ what a memorable day was that and i also hold some of those and now its all perfect for everyone will never see this tokens in this price anymore!

[redwine49]

Yah i remember those days when bitcoin goes to 3800$ also eth and bch also was in 70$ and 80$ what a memorable day was that and i also hold some of those and now its all perfect for everyone will never see this tokens in this price anymore!

Yes, it was an unforgettable day. back then we don't know how much pressure we take to look at our portfolio.
many bitcoin where sold out around 20k$ area and keep rising but many altcoins die and never come back up

[Rasa nanas]

I have been in the crypto world since 2017 and at the end of 2017 I felt tremendous happiness because the price of bitcoin rose drastically in a short time, another thing that made me happy was that the money generated from the bounty was very large (very different from the following year). but the happiness didn't last long because the bull market was going very fast and it wasn't long before a terrible bear market hit the crypto market. Honestly at the time I thought the bull market wouldn't happen again and the bitcoin price wouldn't create any new ATH again, but 2021 made my mind change.

[Romeotom]

Last crypto market bear was almost 2-3 years ago and I then entered the crypto market as a newcomer. Also, the response to the eco was overwhelming but since i was new so i was unable to make a profit that year. However, the bear market could not be more sustainable as it collapsed very quickly due to a lot of scam schemes.

[ethereumhunter]

Yah i remember those days when bitcoin goes to 3800$ also eth and bch also was in 70$ and 80$ what a memorable day was that and i also hold some of those and now its all perfect for everyone will never see this tokens in this price anymore!

Yes, it was an unforgettable day. back then we don't know how much pressure we take to look at our portfolio.
many bitcoin where sold out around 20k$ area and keep rising but many altcoins die and never come back up

It was really a very sad day to see bitcoin drop drastically to touch $3800 but it was also a good moment for us to buy more bitcoins. But unfortunately, many of us are stuck and don't have more money to buy bitcoins and other coins. But luckily, after that, bitcoin rose again and slowly but surely, the price started to break through higher prices. Our portfolio that had fallen can rise again and we can start selling little by little because some coins are starting to rise high and make a new ATH.

[Kingairdrop]

It feels very bad, it's not something i want to ever repeat again if i can help it, but i know i can't and i also know it will happen over and over again but i still wish it doesn't. How will you feel when your portfolio is divided into 4 and you have just a quarter of it left. That is what the bearish season has to offer. Its a period where you feel crypto space is dieing and you have no power to help it

[FirmWars]

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.

Staking returns might be affected when looking at the USD value side but your tokens won't stop growing in numbers, this is where many are wrong about staking, if you are earning a thousand tokens from a staking platform it doesn't matter if its 100$ in value or 1000$ what should matter is your real token grows higher in quantities.

[RussianEnglishTranslation]

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 bear market feels absolutely terrible but you can't time the market. The best thing you can do is invest long term. Also, it helps if the coins you invest in have staking. I like staking Celo, NEAR, and ICP. All three of these are promising L1s that have superior tech than Ethereum and Polygon.

[Rengga Jati]

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 likely the first experience of a bear market and that was very shocking, panicking and also making us stressful enough. Moreover, I still held several coins and tokens that are supposed to rise up, but in fact vice versa, the token price keeps decreasing and touches the earth to the bottom and then become dead coins.
Yeah, there are many new projects that failed and then become dead coins.
However, for those who have experienced this bear market, I am sure that we are wiser enough right now and not following our ego. the last bear market becomes a lesson for us all to be more careful and smarter after that, moreover in holding the coins or tokens, deciding the target of price, and many others.

[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 bear market feels absolutely terrible but you can't time the market. The best thing you can do is invest long term. Also, it helps if the coins you invest in have staking. I like staking Celo, NEAR, and ICP. All three of these are promising L1s that have superior tech than Ethereum and Polygon.

Back then EOS was a promising coin in their era. Around mid 2018 reach all time high above 20$ each but from 2020 till now the coin never break all time high. Unlike another major altcoin like ada,eth,bnb,doge,xrp,trx. The price of EOS never goes up again, it's really sad for investors who bought & hold till now

[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.

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.

Without a doubt anyone that was part of the market back then will never forget the feeling of desperation as you watched your investment going down day by day and then once it seemed the bear market was over then the price began to go down once again, this demoralized a lot of people to the point I am sure the majority of the people that invested near the ATH never came back as their losses were so massive that they could simply not resist such a brutal bear market for long.

[Mehedi72]

That was the worst situation in my life ever. I believe, anyone who experienced that situation, wouldn’t able to forget it in whole life. I was newbie and failed to decided what step should i take. Situation made me helpless as i was seeing my assets are losing price gradually. Those people are lucky who able to converted their fund into usdt and enjoying the dip later after bitcoin reached of its All time low.

[Hypnosis00]

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.

Last 2018 - we really feel the bearish season and see the market is down badly which in fact, many opinions and speculations arises that was the end of crypto. Panic selling is too high.

But this 2022 - even me, I can't just tell that we are in a bearish market because the market is still healthy and prices keep on high. Totally different from what I'd felt before, and I believe that everyone feels the same as well. We can see that people are still calm and a reason why we never see the market drops badly.

[isaac_clarke22]

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 so bad, but at the same time it was somehow a great opportunity for me to buy more Bitcoin. I did not panic that much, but of course kind of scared cause that was the lowest of Bitcoin since I invested the first one in 2017.
It is just another "crash" or another opportunity to buy more. It was a risky move for me to buy more, but it was worth it.