The First Bullish & Bearish Market I Met.

[pooya87]

but a true bull market is when the price moves and stays above 20% of a previous low for 6 months
a bear is when the price drops below a ATH by 20% and stays below that amount for over 6 months

This definition ("stays" at x%) is more like the definition of the sideways market not bull and bear.
Bull and bear markets are trends not what happened in the past. If price drops for example 20% in 1 week and then stays there for 6 months, that is a sideways market not a bear market.

BELOW not AT
ABOVE not AT

i never said AT only you did

also the 20% is a number the share/stock/forex marketeers of wall street thought up decades ago.. a long time before millenium

its a known thing in wall street

I get that but the point is about the "staying" not about where.

All I'm saying is that in the statement "price drops below a ATH by 20% and stays below that amount", the part where it was dropping is the bear market and the part where it "stays" below it is no longer the bear market. It's a third type of market trend.

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[Coin_trader]

Do you mean bullish cycle right? Because there’s a lot of bullish market inside a cycle and it’s very hard to count that especially that you didn’t determine a time frame.

Answering base on bullish cycle, I experienced approximately 3 bullish cycle because I start on Bitcoin investment when the price was only 100$ which I’m still not around here in the forum. These are the highs that I remember during my time 10,000$, 20K and 68K respectively since I start in crypto last 2014. I never though that the bullish market on crypto will reach even the 1000$ price before when I’m doing faucet way back then.

[lovesmayfamilis]

I knew about bitcoin from its very inception but did not take seriously the fact that one could buy and hold it. Although at that time I had a job on the network, after the Liberty Reserve was closed, I was offered to pay in bitcoins. Unfortunately, I refused, since everything was new, and after the disappointment of losing one currency, I asked to pay in PayPal. 
Subsequently, I came across this forum, and it was a bull market, but I managed to buy some coins, not understanding what market I was in, and of course, after me, there awaited a bear market that turned my investments into dust. 
The experience we gain teaches us to be careful. Now I adhere to the policy of buying little by little, making certain calculations that I do not mind losing.

[Bazzu]

I know bitcoin and crypto in 2021 when it was September, and if I'm not mistaken at that time the market was bull, and in 2022 if I'm not mistaken in June, the market experienced a decline and could be called a bear market, but I still won't selling my assets because I believe in the future there will be a higher bull market.

[Mauser]

Therefore, how many bullish and bearish markets have you met as you become a bitcoiner?
Let know the old and the new bitcoiners

It's a bit hard to identify every bull and bear market, because I wasn't always so active in the crypto world as I am now. The first time I got engaged with Bitcoins and other crypto currencies was in 2016. I stayed active until the end of 2017 and that was the first real bull market for Bitcoins. The real hype happened in the beginning of 2018, but unfortunately I had already sold all by bitcoins by then. The first real bear market happened in 2018/19 and I missed completely, only at the end of the bear market I came back to the crypto world. In 2020 was only very minor bar market that turned into the biggest ever bull market in 2021. And now we have my second bear market so far. All in all in have been part of two crypto cycles and can't wait for the next bull market cycle to start.

[Mpamaegbu]

I've witnessed Bitcoin circles, the rising and falling of it twice. My first was in 2017 and that was when I came into this crypto industry. The excitement of daily price rise was better experienced than told. Prices spiked here and there of both Bitcoin and alts. Even shitcoins rose in price and I was carried away, hoping that the ilks of Ethereum, Bytbal and Litecoin would do the same price thing Bitcoin was doing. My excitement was cut short in 2018 when Bitcoin and the rest started obeying the law of gravity by crashing the same way they rose. My 2021 experience wasn't far from that of 2017. The only difference would be that alts didn't pump in 2021 like they did in 2017. In fact, to be honest, we didn't have bull rally for alts in 2021. Now, we expect another circle in 2025 and I expect it's going to be a massive one.

[kryptqnick]

My first bullish market was 2017 when I was very surprised how high the price went and how fast it happened. But I didn't realize back then that a bear market could last for long. When the price started falling in 2018, I honestly thought it would recover in a couple of weeks. So it's been hard to see that it actually took 3 years for the price to fully recover. But then, after all that time, I became much calmer about the price and about Bitcoin because I saw that no matter how bad things look (and a drop from $20k to ultimately $3k is very bad), Bitcoin not only recovers but also becomes worth more than before. So now I don't get concerned with the current price or that it can go down even further. I am confident that, while it may take a year or so, the price will eventually recover and get even higher.

[batang_bitcoin]

IIRC, this is the 2nd bear and bull market that I've met. I'm not sure if I recall that correctly but that's likely how many of them that I've met.
But, this time, it's really not the same from before and I'm liking it more than it's too deep and a bottom of a bottom before. I've learned from the first bull and bear market that I've been with and applied it and sold some last year during the highs.

[Baofeng]

Majority of us was here around 2017 if I'm not mistaken, crazy times, for bitcoin and the rest of the market, bounties was alive that time, and there was a notion that the price is going parabolic till 2018, everyone was shouting to the moon, hehehe.

But 2018 was different and others might agree that we are in the same boat again, 2022 is a bear market. But for those who have experience and felt it in 2018, this is just a repeat and we should know how to go about this second bear market because we are familiar already.

[taufik123]

Majority of us was here around 2017 if I'm not mistaken, crazy times, for bitcoin and the rest of the market, bounties was alive that time, and there was a notion that the price is going parabolic till 2018, everyone was shouting to the moon, hehehe.

But 2018 was different and others might agree that we are in the same boat again, 2022 is a bear market. But for those who have experience and felt it in 2018, this is just a repeat and we should know how to go about this second bear market because we are familiar already.

2018 was hell for those who stayed on top and suddenly slammed into 2018 ATL and it continued into 2020. But in 2021 Bitcoin was able to hit ATH which made bitcoin history even better. Those who are able to survive from 2017 to the present are certainly extraordinary. the survivors keep saying Bitcoin is mooning and it's in 2021.

This history may repeat itself and we can see every time a halving occurs bitcoin reaches the top of ATH, we just have to wait and we are indeed in the same boat. But those who are able to survive when the waves occur will certainly get a sunny day when the storm is over.

[jostorres]

Even human life is rising and falling  in nature, and this is equivalent to all living organisms and bitcoin is a "Living Organism" that grow from small (2009, $0.00) to high (2022 , $19079.00) level, this is the present price but it was higher in the late 2021 and early 2022.

There's no need to compare Bitcoin to organisms. Every market has highs and lows.

Bitcoin had big bull market in 2013, 2017 and 2021, followed by bear markets, but they were not similar to each other. The 2021 market only increased the ATH by a factor of 3.5 - from 20k of 2017 to 69k of 2021. While the 2017 market increased the ATH from $1,200 to $20,000. So you can say that the relative growth rate is slowing down. It could be that the future cycles will be even less remarkable. Or maybe Bitcoin will even stop being so cyclic.

Bitcoin should be a non living thing so it's not an organism although there are living organisms in a physical money or physical bitcoins because they can be touched by different people. Nice break down there by the way. Indeed that the year of 2017 can be called as the best bull run for cryptos especially on bitcoin due to how the price jump from tiny to massive.

2021 bull run isn't that surprising but it was still great because we can see that the price continues to break a new ath. On the next bull run many of us are expecting the same thing that $69k is going to be surpassed. The growth rate might be slowing down, I think that's because the adoption is already high.

[lalabotax]

how many bullish and bearish markets have you met as you become a bitcoiner?

I have been in this forum since July, 2017. And I'm starting to invest in Bitcoin when I was in the early of my journey here. As far as I know, 2017 was a bullish season, and it was followed by a bearish season in 2018- 2020. Then, we have a bullish season in 2021, followed by a bearish season again in 2022. So, I have met 2 bullish and 2 bearish as far as I become a bitcoiner. If the bullish-bearish scheme doesn't change, I really hope to meet again for another bullish in 2024 or 2025. 

[dothebeats]

Been with a couple of major bull runs and dumps since 2014. Actually, I am already familiar with bitcoin from November 2013 though I brushed off the idea since I am still busy on some things then. 2014 is when I started this account and began being involved directly with bitcoin. Did some emotional sells back then too, and that is how I learned to not sell at a loss after seeing bitcoin recover and reach higher highs over time. Lots of regrets and lots of stress, but learned a thing or two that I still apply today.

The most memorable bull run for me I guess is from $190 to $1400 then back to $700. Crazy times and everyone was hyped.