Just how bad is the bear market right now?

[upcomingdao]

Just how bad is the bear market right now?
Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.

[Sebas.tian]

The market price is still looking bad for those who want to sell their coins in this celebration season, to be patient with the current price so that they will not regret when the price increase higher before the end of this month. I know many investors are not happy about what is happening in the crypto market, because the best solution to it, is to continue holding not to panick because the bullish season is very near for long term investors to experience positive change from the market. I believe, this situation will not remain like this till January because there are some signs altcoins and Bitcoin are displaying for investors to believe that there is a bright future ahead.

[bitterguy28]

Just how bad is the bear market right now?
Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.

Bitcoin Slowly reaching 18k dollars isnt that bad at all considering that we are near closing the year so how much you wanted to see the effect in altcoins ?

https://coinmarketcap.com/

as we can see that almost every good altcoins are moving up though not that High but staying at green is better than continues dumping/

but what I wanna see is the altcoin movement early next year , maybe another Bear will take place and bring some opportunity to buy more.

[royalfestus]

Just how bad is the bear market right now?
Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.

There is a way to quote a post on the forum that I don't think you understand. The previous reference should have been buttressed or opposed with this post. It can be considered spam.

[Strongkored]

What's happening now is almost the same as what happened in 2018 and it's like a cycle, bear markets will always look bad because a lot of people have lost a lot of money either because they bought at the highest price or because of the drama that happened recently, but it's not right to say that this is the worst period of the previous bear market, we consider it bad because that's what's happening right now so our memory will always be on what's going on.

[calvira]

the crypto market is not as bad compared to the 2018 bear run, though the bear is not yet over. It is obvious that the crypto winter continues into 2023, and there is no end in sight, just in my opinion. As I observed the movements, it looked like the bear would go for a longer time than we may have expected.

[Kemarit]

Just how bad is the bear market right now?
Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.

Very bad, it's the first time that we are below the previous all time high. What I mean is that in 2017 our all time high is $19+++. And so look a the price of Bitcoin? it's just $17+++ and it's the first time that we have witnessed this kind of movement.

And this is just the beginning, 2023 is still considered a bear market and so we have to endured that as well same as 2022.

Yes, we don't want to see this kind of price, but we can't do anything and so we will have to face it.

[upcomingdao]

the crypto market is not as bad compared to the 2018 bear run, though the bear is not yet over. It is obvious that the crypto winter continues into 2023, and there is no end in sight, just in my opinion. As I observed the movements, it looked like the bear would go for a longer time than we may have expected.

I would answer - not forever! Why did you decide that the bulls left the crypto market forever? Sorry, but ahead of the crypto winter, and then the rise of the entire crypto market. Buy while it's cheap, and fill your bags with tokens like UPCG from UpcomingsDAO's ongoing Airdrop. Closer to March 2023, it will be known! And while the bear's attack.

[btc_angela]

Just how bad is the bear market right now?

It's already that bad, we have seen the collapse of FTX and Terra Luna and we don't who will be next.

Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.

Historically before then next bitcoin block halving and right after it's all time high, the market will be in a bear market. So 2021 is the last all time high and 2024 first quarter is the next bitcoin halving. So you do the math and you will see how long this bear market will be.

So just remember that we might see another bearish cycle for next year and it could be cold just like this year.

[michellee]

Just how bad is the bear market right now?
Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.

The market is currently still in a bear market but we are lucky that the price is still holding on to the current price because the bitcoin movement is also not decreasing further and the price is even stable at $17k. Hopefully, next year can bring changes to the crypto market and make bitcoin and altcoin prices increase higher than now. And even though we still have to wait for the market to change to a bull market condition, that's okay because the market price doesn't fall too deep either. We must wait in the current conditions and keep hoping everything will change soon.

[TheUltraElite]

the crypto market is not as bad compared to the 2018 bear run, though the bear is not yet over. It is obvious that the crypto winter continues into 2023, and there is no end in sight, just in my opinion. As I observed the movements, it looked like the bear would go for a longer time than we may have expected.

I would be expecting some changes as the year end closes in, but that is classically known to be a bear run, so I am not sure whether it will end  up being a prolonged bear market or a bullish trend, consider the fact that prices of major assets are inching upwards currently.

While every bear market is bad, comparing how bad or how good will not result in anything fruitful. Rather it is the amount of assets that you can gather during this "hunting season" what matters. Because when the bull market starts, prices will go beyond your reach for weeks and at that time everyone will sulk around saying that they dont have the asset at hand to sell and are panic buying shitcoins which might be within their reach will huge chunks from their salary, eventually leading to disastrous outcome in the next bear cycle.

[shinratensei_]

Just how bad is the bear market right now?

It's not so bad like 2018. 

Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.

Then you shall also try to see what happened in 2020. The price of bitcoin gone to the lowest rate. It seems like that the recovery may be even shorter than before, this time people started to realize how important decentralization. The bearish market is not so bad as bitcoin was getting the new bottom.

[tabas]

Just how bad is the bear market right now?
Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.

Not as bad as 2018. You know why? It's because, 2018 was worse than this current bear market. But still, those that have bought at the top for this cycle might say that this is the worst bear market that they've seen and there's no need to argue with that. Anyone who's at lost is free to say what he thinks with the market, if it's not profitable as much as he want to be and dwelling in losses. That's how bad this bear market is and no one can skip it.

[Yogee]

I don't know why some people are trying to downplay the fact that BTC went from $69K ATH to $16K as not as bad from the previous cycle's drop of $20K to $3K. Percentage may not be exactly the same but the numbers suggest it's really bad. Maybe the positive take there is that prices wouldn't have reached these low levels if not for the Do Kwon and SBF cases.

[Oceat]

I think it's not that bad if you were only just doing DCA and holding but if you are planning to make a profit during the bear market I think it's so bad that you have to endure too much just to get that desired profit. Ever since the FTX incident it didn't recover yet from that devastating event. Maybe if SBF return all of the assets lost of most investors who used his exchange maybe the price would pump up a little but it's all just an speculation if that's going to happen.

Every Bitcoin cycle there's this one time that the market will look like it's over to almost everyone but not if you know how the market works.

And also, I think most people who invested on Luna still suffering from the losses and hardly trying to recover.

[Marykeller]

If I had to compare the bear market this year to others in the past, I wouldn't say that this year was worse than those in the past. However, the one negative aspect of this year I can think of is how investors lost money due to the FXT exchange and the luna crash. Only these two incidents cause the entire cryptocurrency industry to tremble, but thank goodness the market held up and didn't crash like it did in 2018.

[albon]

Just how bad is the bear market right now?
Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.

I know that everyone feels bad about the bear market after it lasted for a long time more than at any other time, but in times of crisis, wealth is made, so we all lost a lot of money during this bear market, and the collapse of FTX and the collapse of Luna made it worse, but the good and interesting thing during the bear market is that the prices of the altcoins are cheap now we can buy them at huge discounts, aren't these promising opportunities? Also, this time, despite its badness, gave us a lot of lessons and we gained a lot of experience during it, one day we will witness a bull market, and these difficult times and crises that the crypto market is going through may remain just memories, so be optimistic and invest in what you can lose.

[goaldigger]

Just how bad is the bear market right now?
Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.

Might be one of the worst and longest bear market, and that’s ok because this is a good opportunity to accumulate. We might never know when this market recovers but I’m still positive for a great bull run and I know it will still happen in the coming years. Bear market seems to be more strong for this year after so many devastating news about big projects. Maybe the next bull market will start to happen a year before the Bitcoin halving.

[Jating]

I don't know why some people are trying to downplay the fact that BTC went from $69K ATH to $16K as not as bad from the previous cycle's drop of $20K to $3K. Percentage may not be exactly the same but the numbers suggest it's really bad. Maybe the positive take there is that prices wouldn't have reached these low levels if not for the Do Kwon and SBF cases.

I do agree it's really that bad, just entering the first year of a bear cycle.

And next year could be worst, we could see another catastrophic event or what we call black swan. It doesn't mean that there could be another exchanges collapsing, but maybe there could be another FUD that can pull the market on the brink of another all time lows this bear cycle.

We just have to accept that fact though that Do Kwon and SBF has something to do with how the market turn out to be this 2022.

[Baofeng]

It's very obvious that the market situation is bad. We've seen the price going as low as $15k, -74% from our last all time high just a year ago. ETH is down -73.18%, BNB is down 61.09%.

So that's only the top 3 crypto, what else if we look down in the list? I'm sure that there are a lot who has -90% or even higher.

The scary thing is that it's just the start of the bear market and what others have said, next year could be worst, so we need to get ready in the next 12 months still because the market should still be in the shaky ground.