Bear markets are for building

[GreatArkansas]

I just this cute picture illustration of bull markets and bear markets on Twitter.
If you take a look, there really is a huge difference between bear markets and bull markets.

Bear markets are for building, there are a lot of innovations and projects helping the Bitcoin community especially adoption so that we can spread good words with Bitcoin and everybody can try to use it.

About the Crash, which for me is normal for every market, not only on Bitcoin or cryptocurrency market. When a crash, a lot of entities or companies are affected some of them are being rekt during the crash.

https://twitter.com/LinaSeiche/status/1545671667237650433/photo/1

[1715324769]

1715324769

[1715324769]

1715324769

[1715324769]

1715324769

[1715324769]

1715324769

[DaveF]

Bear markets allow big players to get bigger at lower cost. Why do they want that? To make money. So what do they have to do? Spend some of it on things to make the ecosystem better. BTC / fiat / whatever it really does not change. For the most part big money does not invest and hope they invest and do something to make themselves money. It's just the way it is.

Now, is it good for BTC / crypto overall? So long as people keep it going when they leave. Otherwise, you get the crash and the cycle starts over again.

-Dave

[tranthidung]

It is fact and the first time I knew about it is from Vitalik Buterin in bear market 2018. I am sure Vitalik likely is not a first person who said about it.

After each bear market, Bitcoin has more value - yeah value, not price. Price growth is a consequence of value growth. If we talk about altcoins, in bear market you can find truly potential altcoin projects. It is different than in bull market when people are over hyped with quick-rich stories and forget about fundamentals. Many potential in bull market will die in bear market but potential ones in bear market will more hardly to die. Many of them will become rising stars in next bull run.

[kryptqnick]

I think the bear market should be for building, but it usually isn't in real life. Investors often turn their backs on Bitcoin when it falls, media write articles on how Bitcoin will never recover or how much lower it will go from there, and most adoption news happen, I think, during the bull market. So the bear market is a time when some build up their hodlings, but when new players, IMO, rarely join the game because they're not sure the game isn't over. It feels like there's less FUD during this bear market than there was during the 2018 one, but maybe it's just my personal perception of things.

[JohnBitCo]

I think the bear market should be for building, but it usually isn't in real life. Investors often turn their backs on Bitcoin when it falls, media write articles on how Bitcoin will never recover or how much lower it will go from there, and most adoption news happen, I think, during the bull market. So the bear market is a time when some build up their hodlings, but when new players, IMO, rarely join the game because they're not sure the game isn't over. It feels like there's less FUD during this bear market than there was during the 2018 one, but maybe it's just my personal perception of things.

There is so much fear and bad news in the bear market that even the long term holders sometimes feel frustrated and feel that they are holding which will have zero value in the future. To hold in a bear market is the real test of your nerves and not everyone is strong enough to hold the cryptocurrencies when they are on a continuous decline.
Those who have seen the 2018-19 bear market, know how painful is the bear season.

[mk4]

Both bull and bear markets are for building. If not, you might need to change devs. It's just that you don't get easily distracted with the huge amounts of money you're making when in bear markets hence you work more focused and with more incentives.

[jakelyson]

The only way you can enjoy the bull market is when you endured the bear and continuously build stacks of cryptos. It is very disappointing sometimes when the price of crypto keep crashing during the bear market but it is the cheapest way to horde. And if you gathered the right crypto during these times, you will have a very bountiful life when the bull market comes. The thought of this keeps me going and helps me focus on my crypto endeavor.

[kamvreto]

The only way you can enjoy the bull market is when you endured the bear and continuously build stacks of cryptos. It is very disappointing sometimes when the price of crypto keep crashing during the bear market but it is the cheapest way to horde. And if you gathered the right crypto during these times, you will have a very bountiful life when the bull market comes. The thought of this keeps me going and helps me focus on my crypto endeavor.

Surviving and building as long as you have spare money will be easy. but some people can't survive and can't even build because they don't have any spare money anymore. Crypto prices are crashing indeed a good opportunity to continue to accumulate crypto, financial management is needed to be able to follow the market.
when you don't have spare money to accumulate crypto, the last option is just to hang on and keep going (don't cut losses halfway).

[GigaBit]

When a major collapse of the cryptocurrency and takes a long-term stability, we usually call it as bear market. This is a critical time in cryptocurrency. Only those who can use this time properly can do well in the next bull market. I think Bear market is one of the key to success in crypto space. Here you must survive as well as keep in mind a good time to fill your wallet. Hopefully those who will be able to accept this bear market will be the real crypto investors.

[edgycorner]

+1
Beautiful depiction of the market.

A bear market helps to purge the excesses of the previous bull market and allows for new growth to occur. It also exposes scams and ponzis(Celsius, Luna).

But a prolonged bear market can lead to a decrease in overall confidence in the cryptocurrency market and cause a slowdown in innovation and development. And this one is here to stay.

[dansus021]

this not just cute this is freakkiing awesome  make this as NFT would be great  but bear is always in Market so from the picture it seem we happy when bull but we must consider to buy in bear market too

[Fivestar4everMVP]

I agree totally with the op, but its rather unfortunately that many crypto projects does the direct opposite, the see the bull market period as a time to claim to be building so as to scoop as much money as they can from investors, and they see bear market period as time to park up shop and leave, this is why we have so many failed projects while those that manage to survive a major pull back in the general market capitalization of all cryptocurrencies are struggling to keep up.
If only we can begin to learn from ants, that gather and build in dry season, and relax and enjoy the fruits of their labor in rainy season.

[Text]

I hope everyone thinks like this. For others, for them, the bear is a failure, especially those who are only looking for short-term and immediate income. They don’t think they can even earn more when the bear passes. We should also only treat it as a test that has a solution and success can be achieved when you have made the right approach and decision.

[pooya87]

Technically innovators aren't affected by the price and the market drama that much, if anything I'd say during bull markets when everyone is happy is a better time for "building" since it also attracts more people compared to the time when the price goes down and the internet is filled with gloomy discussions that bums everyone out.

P.S. The picture shows this too with the dude wearing a white hat on rightmost part of the picture who is present in all the stages with the same happy face!

[GreatArkansas]

Technically innovators aren't affected by the price and the market drama that much, if anything I'd say during bull markets when everyone is happy is a better time for "building" since it also attracts more people compared to the time when the price goes down and the internet is filled with gloomy discussions that bums everyone out.

P.S. The picture shows this too with the dude wearing a white hat on rightmost part of the picture who is present in all the stages with the same happy face!

It seems it is the president of the El Salvador, Nayib Bukale. We all know that Bitcoin maximalists, Bitcoin is now legal tender in their country El Salvador, and they recently bought some bitcoin when Bitcoin dropped around $20,000.
He became a model in the picture, which is present in all stages like he doesn't care what kind of market we are experienced.

[SquirrelJulietGarden]

Check builders and their building activities on Github with CryptoMiso.

https://www.cryptomiso.com/

It is one of things to assess a project and more things to check but at least if a project has good number of commits on Github, that project has development activities and it  can be developed more and can grow more during the bear market.

[Don Pedro Dinero]

Well, I think what the creator of the thread says is somewhat true, because in bear markets the weakest companies disappear and for the next bull market the companies that are healthier from their foundations remain. But it is a never ending story, as the bull market develops, bad companies that can survive because of the amount of money circulating and the bullish environment in general, not because of their management.

[xSkylarx]

This is where real investors should be building their crypto portfolio not like others where they will just buy when it's at its hype. If you experienced the previous bear market then you should know this market sentiment wouldn't last long forever. Although it may take some years before the next cycle again, at least by that time we will just wait for a new ATH then reap a huge amount of profit.

[AakZaki]

An interesting illustration, in accordance with my experience in the market for several years. It should be great if at the end it is coupled with a repeating cycle. As far as I'm familiar with Bitcoin as such is an adventurous thing, so if a bear occurs it is likely that a bull will come. It was already like a tradition that was about to happen. This is because the user's trust is still the same and hopefully it will not be lost. This trust is what makes people buy to change the market. But it's a pity that this moment I can't use it to the fullest.

[sunsilk]

I like those graphics and I've seen the same graphics somewhere in social media. Well, typically, bear markets shouldn't be feared when you've been into the crypto market for sometime and even with other financial markets.

It's known to be the right time to buy and the rich understands it and that's why they're getting richer. Like we know, it's a cycle and they've been preparing not only for the bull run but also waiting for the bears to come.

On the next bull run, more millionaires will be made.