Did you live through the last bear market ? If so, what did you learn ?

[martyns]

The urge for wanting to earn more is what the main problem there and I'm sure all of us came to that point that's why last bear market season is really a good lesson to learn because for sure many people who experience that time lost a lot of money because the drop is unexpected and many think that price recovery will happen after that because there's a bull run happen for the past few months.

The bear market has really taught me a big lesson in the Crypto market. I lose almost half of my wealth in Crypto, perhaps I have learnt my lessons and have restrategize my steps in the space. Lengthy experience is the best teacher in the space and patience.  The last bear period lasted for a long period, it affects Terra Luna which trends in the market. My capital drains below my very own eyes, that alone taught me not to rush into buying a coin.

[pawanjain]

So lets go back to 2018 - 2019

Market cycles are full of patterns so I think it's time to sit back, compare and try to come up with a good strategy for the next 2 years.

Assuming we are in a bear market, what can we expect ? Let me first just say that this is my first bear market, so I feel a little unprepared as I lost a huge amount of money ( I'm still in the green fortunately )
It's tempting to start "accumulating", however, Bitcoin is expected to hit a bottom of 11K by some credible experts, so buy now and cry later kind of thing.
I see some Alt coins going past the negative 90 % mark, with some like Star Atlas ( one of the biggest play to earn games in crypto ) approaching the negative 99 % mark. Many other projects find themselves in a similar predicament, but I just noticed UMA, Injective Protocol and Super Rare pumping hard today and yesterday so not everything is in the red. Can we expect some sort of a trend here ? Are some coins bound to do well even during a bear market ? From what I've heard, early ( 2018 - 2019 ) investors in Theta, Chainlink and Ethereum made huge gains even before the bull run started late 2020. Chainlink especially went parabolic, but then crashed mid year. Early 2019 AAVE investors also did extremely well, 5000 % gains from what I hear. All this during the bear market. Gains that were comparable or even better to the bull run. So am I reading it wrong ? Let me know.

IF we assume that the bear market has started then all we can expect is a blood bath with minor corrections every now and then.
There will be some coins which will show profits in the short term but then they are bound to dump since bitcoin will keep dumping.
But then the sun will shine at some point of time when bitcoin hits the bottom and then the slow recovery will start.
I believe that this bear market will not be as long as the previous ones and we will soon see potential signs of recovery.
The only strategy for a bear market is HODL all your coins and start accumulating more by keeping on investing at regular intervals.
It's time to insert new money while holding the existing. Don't go all in but buy at regular intervals to get a good average price.

[Lanatsa]

The urge for wanting to earn more is what the main problem there and I'm sure all of us came to that point that's why last bear market season is really a good lesson to learn because for sure many people who experience that time lost a lot of money because the drop is unexpected and many think that price recovery will happen after that because there's a bull run happen for the past few months.

The bear market has really taught me a big lesson in the Crypto market. I lose almost half of my wealth in Crypto, perhaps I have learnt my lessons and have restrategize my steps in the space. Lengthy experience is the best teacher in the space and patience.  The last bear period lasted for a long period, it affects Terra Luna which trends in the market. My capital drains below my very own eyes, that alone taught me not to rush into buying a coin.

Would really taught several lessons as a trader/investor like;

- Emotion handling
- Analysis on behavior (not precise)
- You do know on how to manage risk
- Patience

You would really be learning it out along the way thats why experience is the best teacher and comes after with failures
which someone should really mind off on taking grasps.

[Hypnosis00]

Fortunately, for many mistakes that I made in the past years, especially during my early days in crypto it absolutely gives me learning and I carry and think this every time.

 * I'd learn how to be patient
 * I'd learn to accept losses and blame myself as the fault
 * I'd learn how to communicate with the market

But I think every day is a learning day. And we capture everything we do every single day and for us to assess if we are still doing it well or not.

[Viscore]

I was around last bear market season and its really devastating especially I lost a huge amount of money for thinking that price will recover after the dump. The only thing I do know which I learn from the past mistake is never to hold any crypto when halving is already done, sell and secure your profit since mostly after halving the price dump just like what we see nowadays.

The thing i learned from the last bear market is that to never resort into panicking and sell at loss. Even if the market falls deeply, it won't stay in it forever, and after a couple of months things will eventually start to become stable again. So stay patient while accumulating more bitcoin and established altcoins during bear season. And for that to make it happen, maximizing your purchasing power, we should at least secure profits when the market was still having a bull run.

[monineklutak]

I was around last bear market season and its really devastating especially I lost a huge amount of money for thinking that price will recover after the dump. The only thing I do know which I learn from the past mistake is never to hold any crypto when halving is already done, sell and secure your profit since mostly after halving the price dump just like what we see nowadays.

The thing i learned from the last bear market is that to never resort into panicking and sell at loss. Even if the market falls deeply, it won't stay in it forever, and after a couple of months things will eventually start to become stable again. So stay patient while accumulating more bitcoin and established altcoins during bear season. And for that to make it happen, maximizing your purchasing power, we should at least secure profits when the market was still having a bull run.

It's true what you learn is a good thing and very useful for dealing with bear markets,
because sometimes when a bear market panic will arise and that we usually make decisions in a hurry and that's not good,
indeed the market will stabilize again but we never know how long the bear market will last

[Xampeuu]

I was around last bear market season and its really devastating especially I lost a huge amount of money for thinking that price will recover after the dump. The only thing I do know which I learn from the past mistake is never to hold any crypto when halving is already done, sell and secure your profit since mostly after halving the price dump just like what we see nowadays.

The thing i learned from the last bear market is that to never resort into panicking and sell at loss. Even if the market falls deeply, it won't stay in it forever, and after a couple of months things will eventually start to become stable again. So stay patient while accumulating more bitcoin and established altcoins during bear season. And for that to make it happen, maximizing your purchasing power, we should at least secure profits when the market was still having a bull run.

when crypto was still in a bull market, what I did was sell some and more than the capital I used to buy, so when the bearish season arrives, I'm still calm and lucky to keep holding it, until now, I can still buy it using my profit sell before. I personally am not very good at analyzing, but in that way at least my psychology is maintained, so that it suppresses the greed that exists within me. I didn't sell it because in this position I bought it for the first time, I learned this from 2017 to 2018

[lalabotax]

I learn from these:
1. Nothing is gonna be rising up, there will be always certain time to crash and rop market. And this is of course experienced by the all people in crypto world
2. Never panic with crash market cauze this will only break our mental and spiritual 
3. Always set the target of taking profits, because being too greedy is not wise

[passwordnow]

I learn from these:
1. Nothing is gonna be rising up, there will be always certain time to crash and rop market. And this is of course experienced by the all people in crypto world

Add "nothing will rise up forever". That's the balance in the market because if it won't happen, the market won't be able to push for another high that we should all see after those corrections.

2. Never panic with crash market cauze this will only break our mental and spiritual 

For experienced people, this is easy. No panicking will help you overcome the market but if you do, you're just adding fear to yourself and will make certain things that you should haven't done because of poor planning.

3. Always set the target of taking profits, because being too greedy is not wise

This is what I did but too early yet still, that's profit that I should call for and not a loss even it's very too early.

[seleme]

What we can expect? My prediction is simple, the market has to hit dip points and whenever everyone thinks it is not going to recover, it is the perfect time to invest. For BTC, hitting the $20k target first and then going back to $15k will be a dead zone for future margin traders and smart traders will long the top cryptocurrency at these levels. It is not late to go for it but chasing losses and adding more margin is not a way to trade, generally. Altcoins also will follow the price movement of BTC and the alt marketcap will go up along with lower BTC dominance, IMHO.

[FanEagle]

Learning through the bear market means that you have seen it go down and you have seen it go up again, which will gain you some perspective. You start to wonder if it always recovers after every bear market, and you check the regular market then you will know that stock market goes down a ton as well and then it will end up with a big return most of the time, that is a sad situation but it will be a similar thing in the crypto world as well.

The thing is that we should be focusing on something not so similar because crypto world should have been a lot better, and a lot stronger, but in the end just because it is similar doesn't mean that it is worse.

[molsewid]

What we can expect? My prediction is simple, the market has to hit dip points and whenever everyone thinks it is not going to recover, it is the perfect time to invest. For BTC, hitting the $20k target first and then going back to $15k will be a dead zone for future margin traders and smart traders will long the top cryptocurrency at these levels. It is not late to go for it but chasing losses and adding more margin is not a way to trade, generally. Altcoins also will follow the price movement of BTC and the alt marketcap will go up along with lower BTC dominance, IMHO.

I am sure that most people who only start to invest bitcoin or other token  last year will be somehow get so lost right now, I've seen many of them in social media accounts, they didn't experience things these things before this market crashes, dip and bear market. If you get used to it you will learn that this is the right time to buy bitcoin, when other people are doubting, that's the time you can buy it for lower amount.

[Yamifoud]

I could picture out that people aren't really prepared for that scenario, we got terrified and got panic.
And that year, people learn how to be ready and we learn how to hold. That is why, we see the current situation isn't too bad, in fact, we heard most positive views and market predictions, unlike those days (2018-2019) when people become too negative and many big investors dump their coins.

Kinda be saying that year is full of mistakes, might everyone does but eventually just corrected it. That is why we never see huge dumps as people aren't crazy enough to let it go and lose, they learn to be patient and that is too visible this time.

[leea-1334]

I started with crypto currencies in 2016. Back then cryptos where mostly a tool for me to quickly buy and sell CSGO skins. There were no verifications needed and it was so much faster than waiting for bank transfers, especially when dealing with international websites. It was also the first time I gambled at online casinos with crypto casinos. Unfortunately I converted all my bitcoins from back then to fiat money as soon as the first signs of a bear market appeared. I didn't look at crypto coins as long term investments what was one of my biggest mistakes. After a long break I only came back during the last big bull run. So my biggest recommendation for anybody is to not lose hope during bear phases. The crypto markets move in cycles and will eventually recover. Being part of panic selling right now is a bad decision, I will not make the same mistake twice.

I will always remember DOTA and CSGO ads in the old days when they were paying Bitcoin to the lower prize winners, and US dollars to the top prize winners. That is how it also got skin traded as I was told,,, and always I wondered if those winners ever kept their BTC or not.

But totally correct, BTC has something useful that is apparent and available anywhere any time regardless of price. This is not true with any other altcoin perhaps except for Ethereum. Every bear should teach people this.

[Subbir]

We have a lot to learn and we are learning but it is very difficult to learn or manage anything without prior experience in Bitcoin or Cryptocurrency. But when you talk about Bitcoin so many people avoid the topic, but if you want to gain experience or learn something new from the real market, you have to accept both profit and loss.
If you look at the behavior of the market over the last few years and look at the current market then you can clearly understand everything. You may get answers to many questions from there.

[rhomelmabini]

We have a lot to learn and we are learning but it is very difficult to learn or manage anything without prior experience in Bitcoin or Cryptocurrency. But when you talk about Bitcoin so many people avoid the topic, but if you want to gain experience or learn something new from the real market, you have to accept both profit and loss.
If you look at the behavior of the market over the last few years and look at the current market then you can clearly understand everything. You may get answers to many questions from there.

It's not that difficult to learn if you really survive a bear market in crypto, the thing is that it will be expensive to all since lot are likely to buy at the top. Bitcoin isn't just about the financial value in terms of profit and loss, it's more than that though.

[sklopan]

I think that the experience is quite clear and can help to understand the main thing - a lot can be expected from the market. Alas, sometimes I did not pay enough attention to this and thought that the market was quite stable.

[24Kt]

We have a lot to learn and we are learning but it is very difficult to learn or manage anything without prior experience in Bitcoin or Cryptocurrency. But when you talk about Bitcoin so many people avoid the topic, but if you want to gain experience or learn something new from the real market, you have to accept both profit and loss.
If you look at the behavior of the market over the last few years and look at the current market then you can clearly understand everything. You may get answers to many questions from there.

It's not that difficult to learn if you really survive a bear market in crypto, the thing is that it will be expensive to all since lot are likely to buy at the top. Bitcoin isn't just about the financial value in terms of profit and loss, it's more than that though.

I believe even if you came here like couple of years ago, you already experienced a lot of mini bear markets. And at some point, you already lost something owed to your investments. I don't think you will have a perfect record of always gaining from your investments. But if you are, you are one of the lucky few. What I am trying to say here, is that even if you are a relatively newcomer in this industry, by now, you already got some good tips on what to do during bearish season. And if you are a strong believer of bitcoin and you have money to spare with, I guess, you are slowly accumulating your bitcoin to prepare for the possible increase of bitcoin in the next coming days.

[Flexystar]

Stay calm, sip the beer and look out for investment opportunity, that’s all I learnt from last bear market and any of those that will come ahead. Currently I’m not even bothered because I know very well whether its bitcoin or altcoins they will follow the cyclic trend as they did since past many years. They drop, they recover, they create resistance and they grow to the next ATH. That’s what happening since many many years and current bear is no difference. Sometimes the reason is Simone, sometimes its war like stuff but its all same when it comes to recovering. So no worries, in fact look for more Investment.

[carlfebz2]

Stay calm, sip the beer and look out for investment opportunity, that’s all I learnt from last bear market and any of those that will come ahead. Currently I’m not even bothered because I know very well whether its bitcoin or altcoins they will follow the cyclic trend as they did since past many years. They drop, they recover, they create resistance and they grow to the next ATH. That’s what happening since many many years and current bear is no difference. Sometimes the reason is Simone, sometimes its war like stuff but its all same when it comes to recovering. So no worries, in fact look for more Investment.

If you do tend not to get that too impulsive or highly reactive on market conditions then its better to avoid on seeing it from time to time or checking it out because its one of the problem on why

people do really make out immediate action whether panic sell or something in related on times like these which is really very that common.Better to wait up for recovery or something that do connects

out on DCA system which you should accumulate coins while its still cheap.Yes, its not easy something to be considered but it would really be ideal.