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

[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.

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.

Actually I do and that burns my money especially by doing it in the leverage trading. No one will have a 100% or even close to90% of winning percentage, at some point most are even at breakeven or at loss. Those winners are those who wait in it patiently. I am accumulating Bitcoin from now on, it's just regrettable that I focus in the past trying to get altcoins instead.

[awik p]

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.

Actually I do and that burns my money especially by doing it in the leverage trading. No one will have a 100% or even close to90% of winning percentage, at some point most are even at breakeven or at loss. Those winners are those who wait in it patiently. I am accumulating Bitcoin from now on, it's just regrettable that I focus in the past trying to get altcoins instead.

waiting and having a clear plan and clear analysis is the best way so that our waiting is not in vain, because it will be useless if we wait for a new coin that has no clear direction and purpose, unlike bitcoin which feels safe to wait, even without analyzing, but if analyze it then we can get a better price. and will get more profit too. but sometimes many people want a bigger increase that is on altcoins, so we have to be careful about that

[RealMalatesta]

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.

Even someone who has been here for just 2018 to today, would know what's going on. However, bitcoin is such a new thing is that 10 years ago nobody talked about it, so when you look at 5 years ago, which is half of that, suddenly we are at 20k and everyone talked about it.

This shows you that even though bitcoin moves rapidly, the difference between 2012 to 2017 is HUGE whereas from 2017 to 2022 it is not that huge. Our peak in 2017 was 20k, and we are at 30k right now, whereas our peak before 2017 was 1.4k, and it was 20k during 2017 peak times. We are going up, and making a good amount of profit but that's majorly thanks to dropping low first and then going back up, not from peak to peak.

[yhiaali3]

It is necessary to sit down and take advantage of the patterns of previous market cycles, personally I have gone through more than one bearish cycle so I am not very surprised by what is happening now, taking profits and avoiding risks is a basic rule in any bear market, meaning that the trader must reap his profits immediately with any rise that gets the coin Because it will definitely fall again, of course we are talking here about the day trader or in the short term, but for Holder he will not be affected by all this decline because he set his goals in the long term and does not care about time, but he is waiting for the peaks.

[Silberman]

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.

We need to be patient, when people see that the market is going down and they are losing money their natural reaction is to try to do something to offset those losses, so they overtrade and instead they lose more money, the right decision is to simply hold your coins or do nothing and just wait until the conditions of the market improve, this may seem to be counterintuitive to some but in fact the markets can take advantage of your reactions so sometimes it is necessary to take a step back and think before we do anything and we risk our capital again.

[tvplus006]

The main lesson for a beginner who has experienced a bear market is that you should not hold the cryptocurrency, and you need to fix the profit in time. Otherwise, you will not have the money to buy coins at a reduced price, as you will continue to hold your depreciated coins.

[sklopan]

Alas, with each case, the market still brings something new. Most recently, everyone was buying bitcoin, now they are selling it .. There is quite a bit of stability.

[Hamphser]

Alas, with each case, the market still brings something new. Most recently, everyone was buying bitcoin, now they are selling it .. There is quite a bit of stability.

Stability or something in talks about sideways movement or consolidation period on where decisions arent still unsure whether the market would be going up or down and honestly this had been the hardest time

on making decision whether you do get in or would wait even more further for possible bottom price.This bear market could really give out those impressions that we would be having doubts or second thoughts
on investing which is really a very common scenario or situation which everybody will really be facing on and lets just accept that fact.

[blockman]

Alas, with each case, the market still brings something new. Most recently, everyone was buying bitcoin, now they are selling it .. There is quite a bit of stability.

I don't think most are selling it. What's the matter with most right now is that majority of us don't want to sell. We all want the higher prices and that's why we're holding it very tight. I don't think that even if a bear market comes, we're all going to sell. Unless there's a need in doing so and it's an urgent matter, you're justifying your action to sell but if not, you're just panicking because of the bear market. That's it, but to the ones who had experienced bear markets, right now, we don't want to sell and we want more to keep and hold and accumulate.

[tygeade]

We need to be patient, when people see that the market is going down and they are losing money their natural reaction is to try to do something to offset those losses, so they overtrade and instead they lose more money, the right decision is to simply hold your coins or do nothing and just wait until the conditions of the market improve, this may seem to be counterintuitive to some but in fact the markets can take advantage of your reactions so sometimes it is necessary to take a step back and think before we do anything and we risk our capital again.

I do agree that patience is a very important thing in crypto but it is definitely 100% more important when it is going down. People act as if it will never recover, and that is the reason why we are having so much hard time going back up again. It is such a simple task, if you see it go down, you buy.

Because it will always recover in the long run. I am not in a rush, but I am very sad that there will be plenty of people who miss out on buying at 30k and they will regret it later on. There are tons of people out there in the world who keep saying "I wish I bought bitcoin years ago" and not realize that years later when they say years ago, they would mean today.

[Silberman]

We need to be patient, when people see that the market is going down and they are losing money their natural reaction is to try to do something to offset those losses, so they overtrade and instead they lose more money, the right decision is to simply hold your coins or do nothing and just wait until the conditions of the market improve, this may seem to be counterintuitive to some but in fact the markets can take advantage of your reactions so sometimes it is necessary to take a step back and think before we do anything and we risk our capital again.

I do agree that patience is a very important thing in crypto but it is definitely 100% more important when it is going down. People act as if it will never recover, and that is the reason why we are having so much hard time going back up again. It is such a simple task, if you see it go down, you buy.

Because it will always recover in the long run. I am not in a rush, but I am very sad that there will be plenty of people who miss out on buying at 30k and they will regret it later on. There are tons of people out there in the world who keep saying "I wish I bought bitcoin years ago" and not realize that years later when they say years ago, they would mean today.

It has been known for a long time that most people are incapable of thinking for the long term, so while we understand that the price of bitcoin will eventually recover and reach a new ATH and that is why we are willing to hold our coins or even buy more, the rest of the traders are incapable of understanding this, so they sell their coins for a bad price and then they will complain years down the line about their bad luck, when it was their mistaken decisions which explain why they cannot obtain profits in the market.

[Lanatsa]

We need to be patient, when people see that the market is going down and they are losing money their natural reaction is to try to do something to offset those losses, so they overtrade and instead they lose more money, the right decision is to simply hold your coins or do nothing and just wait until the conditions of the market improve, this may seem to be counterintuitive to some but in fact the markets can take advantage of your reactions so sometimes it is necessary to take a step back and think before we do anything and we risk our capital again.

I do agree that patience is a very important thing in crypto but it is definitely 100% more important when it is going down. People act as if it will never recover, and that is the reason why we are having so much hard time going back up again. It is such a simple task, if you see it go down, you buy.

Because it will always recover in the long run. I am not in a rush, but I am very sad that there will be plenty of people who miss out on buying at 30k and they will regret it later on. There are tons of people out there in the world who keep saying "I wish I bought bitcoin years ago" and not realize that years later when they say years ago, they would mean today.

It has been known for a long time that most people are incapable of thinking for the long term, so while we understand that the price of bitcoin will eventually recover and reach a new ATH and that is why we are willing to hold our coins or even buy more, the rest of the traders are incapable of understanding this, so they sell their coins for a bad price and then they will complain years down the line about their bad luck, when it was their mistaken decisions which explain why they cannot obtain profits in the market.

Regrets do always come in the end that's why people do really make out complaints whenever they do see that they had made a bad decision which It did really result into a mess.whatever do happens whether there's a crash or bear market which we know that recovery is always next in line.

Learn something out of these market conditions which is something that's inevitable specially when you are dealing off with this very unpredictable market.

[LUCKMCFLY]

One realization.

Bitcoin is king.

That's the one that has been on my mind with the last bear market that I'm in. There's an appreciation with some top performing altcoins but they're all going to be on the back of bitcoin.

Your experience will teach you the lesson on what you must do as you enter the bear market. And then when it's done, you'll get the lesson that you should have held and didn't sell.

This is true and I support your statement because BTC is the king without a doubt, for me I lived the bearish market but without having much money in BTC, I had a currency that was an altcoin, but at that time I had some ignorance unique, I thought that the BTC would never go down in price and that it would reach $50k and that from there it would never go down in price.

This was my ignorance, and I did not know that the market had certain facets of the market, the stages such as accumulation and distribution stage was something that I did not know existed, for me at that time I was so ignorant that I believed that the currency I had was going to be bigger than BTC.

[sana54210]

Alas, with each case, the market still brings something new. Most recently, everyone was buying bitcoin, now they are selling it .. There is quite a bit of stability.

I don't think most are selling it. What's the matter with most right now is that majority of us don't want to sell. We all want the higher prices and that's why we're holding it very tight. I don't think that even if a bear market comes, we're all going to sell. Unless there's a need in doing so and it's an urgent matter, you're justifying your action to sell but if not, you're just panicking because of the bear market. That's it, but to the ones who had experienced bear markets, right now, we don't want to sell and we want more to keep and hold and accumulate.

This is true, I haven't sold in a long time and I am not planning on selling anytime soon neither. We all know that it will go up and that is a fine thing, we just do not know what to do with this information. I know that there is a good case to be made about selling at a top price and buying again when it goes low but why would I risk my money? So, I am not selling and I am waiting and I am going to profit from it as well I know that.

We just need time, if I went to sleep right now and wake up 6 months later, I know for sure that it is going to be something amazing, we just do not know when that will happen and we are worried about it while seeing the price going down.

[Slow death]

yes i was in the last bear market. well what I learned was the following:

never buy bitcoin or altcoins at the top, no matter if one is seeing the price go up a lot and a lot every hour, one needs to think: if everyone is buying, then at some point everyone will sell and at that time the sale will be too big enough to make the price go down a lot so buy low and not high. and how do we know if we are low or high? using technical analysis. knowing how to identify the main supports, expect accumulation and reversal, helps in decision making

Alas, with each case, the market still brings something new. Most recently, everyone was buying bitcoin, now they are selling it .. There is quite a bit of stability.

I don't think most are selling it. What's the matter with most right now is that majority of us don't want to sell. We all want the higher prices and that's why we're holding it very tight. I don't think that even if a bear market comes, we're all going to sell. Unless there's a need in doing so and it's an urgent matter, you're justifying your action to sell but if not, you're just panicking because of the bear market. That's it, but to the ones who had experienced bear markets, right now, we don't want to sell and we want more to keep and hold and accumulate.

This is true, I haven't sold in a long time and I am not planning on selling anytime soon neither. We all know that it will go up and that is a fine thing, we just do not know what to do with this information. I know that there is a good case to be made about selling at a top price and buying again when it goes low but why would I risk my money? So, I am not selling and I am waiting and I am going to profit from it as well I know that.

We just need time, if I went to sleep right now and wake up 6 months later, I know for sure that it is going to be something amazing, we just do not know when that will happen and we are worried about it while seeing the price going down.

no one can guarantee that the price will go back to $60,000, that's why nothing is guaranteed about going up again, the price can simply drop to $3000, in the cryptocurrency market to believe that the price will always go up is a big mistake . one should always think that anything can happen

[GeorgeJohn]

To be honest, the market has taught me a lot lately. I have been following the market for a long time, but the last years have become more and more fun.

Actually cryptocurrency market is just like educational experience, during bearish market a lot of people filed complain base on what they experience. And any market experience in cryptocurrency bearish time is another level of understanding the protocols of cryptocurrency and it will never happen to you again. Before if i hold cryptocurrency and it's falling i does convert to stable coin because i have no idea that time, but since i notice that conversion to stable coin is helpful than allowing it to fall to zero, so since date i haven't forget it thats experience and never it will depart from you.