Just how bad is the bear market right now?

[Bazzu]

this is my first bear market, in my opinion the current bear market is still running normally and smoothly, because based on the news that I have seen and heard, it is said that bitcoin has experienced a worse bear market than this. but in my opinion the bear market this time is quite good because the decline in bitcoin is not up to 90%.
and it is understandable that the current bear market can also be caused by a downturn in the world economy. so naturally if there is a bear market like now.

[layoutph]

I really feel bad about crypto, even Binance they are trying to have some legal issues. Once whales successfully suspend Binance from operation many people will try to FUD and there will be a mass withdrawal. The bestway to secure your asset is to save your cryptos in cold wallet stroage.

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.

[virasisog]

I've been into different market cycles through years and my personal view about the bearish season has been changing yearly. I used to see it as a bad thing and I also thought that I could just lose my funds in it but I started appreciating it when I saw its importance. I've realized that the bearish season is an open opportunity for everyone to buy and accumulate potential coins. It isn't something to be feared but it's an opportunity to buy and hold.

[traderethereum]

The good coins only are the good ones to have but I know that everyone is having the idea that it's also good to have some bets and pick those low-capped coins that might rise in the next years.
Those that have seen pumping that much and it's what they're trying to do with some other altcoins that haven't pumped yet because it's like a lottery that could bring in thousands to millions of potential profit if a crazy pump does happen. It's going to be a common strategy for most when they've seen it happen to others.

If they choose an altcoin just because it's like a lottery and choose it randomly without research, they could fall into the trap of choosing the wrong altcoin.
It has happened before and many people have suffered huge losses because the altcoin they chose did not increase like other altcoins.
This is where we have to be really careful choosing the altcoin because it has a big risk if we choose the wrong one.
And if they are having a hard time choosing an altcoin, the only way it might be is to just pick a bitcoin and hold on to it until it goes up in price.
That would be better than being confused about choosing the altcoin in a bear market like now.

It's just like some choice and strategy of being hopeful that it will be good as is. It's okay for those who are doing it if they're careful or not because they will still have the time to look at it even if they are on the verge of losing.
For someone who's having a hard time choosing an altcoin, it's on them to feel the hardship but it's not that hard at all when you've got to pick the top ones and those that have the reputation already that are unlikely to rug pull.

And everyone's choices and strategies will be different so we may have our own choice to choose bitcoin or altcoin.
Regardless of what our choice is, we must be able to analyze it before deciding so we don't choose the wrong coin.
Current market conditions are declining again, causing some altcoins to experience another decline and some altcoins to decline sharply because bitcoin is also declining.
But this is a good time to accumulate bitcoin or altcoins that have the potential to increase so that we can buy them at low prices.

[Ayers]

I've been into different market cycles through years and my personal view about the bearish season has been changing yearly. I used to see it as a bad thing and I also thought that I could just lose my funds in it but I started appreciating it when I saw its importance. I've realized that the bearish season is an open opportunity for everyone to buy and accumulate potential coins. It isn't something to be feared but it's an opportunity to buy and hold.

That's precisely what I'm thinking, I'm pretty comfortable with the market falling more. Simply because I believe that the market will never die or disappear just because of a few crashes, and I believe this time the market will also recover and rise again. Of course, there is no guarantee that the 4-year history will repeat, maybe the bear season will last longer than we thought, but after all, everything will recover. Therefore, the bear market is an opportunity for us to shop comfortably at extremely low prices, why be afraid?

[Kemarit]

I've been into different market cycles through years and my personal view about the bearish season has been changing yearly. I used to see it as a bad thing and I also thought that I could just lose my funds in it but I started appreciating it when I saw its importance. I've realized that the bearish season is an open opportunity for everyone to buy and accumulate potential coins. It isn't something to be feared but it's an opportunity to buy and hold.

That's precisely what I'm thinking, I'm pretty comfortable with the market falling more. Simply because I believe that the market will never die or disappear just because of a few crashes, and I believe this time the market will also recover and rise again. Of course, there is no guarantee that the 4-year history will repeat, maybe the bear season will last longer than we thought, but after all, everything will recover. Therefore, the bear market is an opportunity for us to shop comfortably at extremely low prices, why be afraid?

I guess maturity comes with experience right guys? yeah, we have been in this kind of situation before and we all past that big litmus test when we are all beginners once. But now we have the experience already and so we somewhat are not affected by the bear market and if you look at it, we still have a full year ahead of us, and so many things can happen, worst, but we all gonna take it easy and have the patience to survived and then eventually their is light at the end of the tunnel as we will see that bullish cycle in 2024-2025.

[blockman]

It's just like some choice and strategy of being hopeful that it will be good as is. It's okay for those who are doing it if they're careful or not because they will still have the time to look at it even if they are on the verge of losing.
For someone who's having a hard time choosing an altcoin, it's on them to feel the hardship but it's not that hard at all when you've got to pick the top ones and those that have the reputation already that are unlikely to rug pull.

And everyone's choices and strategies will be different so we may have our own choice to choose bitcoin or altcoin.
Regardless of what our choice is, we must be able to analyze it before deciding so we don't choose the wrong coin.
Current market conditions are declining again, causing some altcoins to experience another decline and some altcoins to decline sharply because bitcoin is also declining.
But this is a good time to accumulate bitcoin or altcoins that have the potential to increase so that we can buy them at low prices.

It is where many are having the wrong choice if it's with altcoins. We're in a bear market and everything is cheap and so the others do is to pick almost everything that they see because they're all encouraging to buy and think that it will be way up higher within the next bull cycle.
But, it's not going to be like that, buy bitcoin and then choose your altcoins that you think will be increasing and will meet your expectation.

[o48o]

I've been into different market cycles through years and my personal view about the bearish season has been changing yearly. I used to see it as a bad thing and I also thought that I could just lose my funds in it but I started appreciating it when I saw its importance. I've realized that the bearish season is an open opportunity for everyone to buy and accumulate potential coins. It isn't something to be feared but it's an opportunity to buy and hold.

It might be a cliche that you hear only in bull markets but "this time it will be different" could apply to this bear market. We wanted adoption and visibility, now we have visibility big time in form of centralized exchange ceos going to prison and "decentralized" stablecoins like ust crashing making people lose billions. I've seen some bear markets during my time in here, but this feels very different.

[bitterguy28]

I've been into different market cycles through years and my personal view about the bearish season has been changing yearly. I used to see it as a bad thing and I also thought that I could just lose my funds in it but I started appreciating it when I saw its importance. I've realized that the bearish season is an open opportunity for everyone to buy and accumulate potential coins. It isn't something to be feared but it's an opportunity to buy and hold.

while our experiences can tell more yet there are still chances that it will change depend on the mood of the market and investors , what if all of the biggest investors had one goal in each year? and that is to maintain the bear for a while when many are expecting to be bullish?
this will surely change the plans and the movement.
hate to see that but I am always ready for that. because I can at least maintain my holdings or keep it selling.

[Cryptmuster]

while our experiences can tell more yet there are still chances that it will change depend on the mood of the market and investors , what if all of the biggest investors had one goal in each year? and that is to maintain the bear for a while when many are expecting to be bullish?
this will surely change the plans and the movement.
hate to see that but I am always ready for that. because I can at least maintain my holdings or keep it selling.

Large investors do just that, they have one goal, they accumulate their positions for a very long time, the entire bear market is certain accumulation zones in which they buy. Then comes the moment of waiting, as you said, for one goal. And when the price reaches the right levels, they sell. It is much easier to achieve one big goal than to focus on many small tasks, it takes much more time and unfocuses us, which will lead to errors and possibly to comparatively worse results.

[Adbitco]

I don't think is the longest bear season, actually nothing to panic about the market and basically is inevitable which is one paramount thing in the crypto industry that complete the circle of bear and the bull, they both dependant of each other's to form the season.
Besides the recent occurrences have really weaken the mind of investors although I still believe that their are lot of people who would actually take advantage of the current situation to buy more while most people are still considering the market conditions.

[piebeyb]

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.

no it's not as bad as you think even before it's way worse than the current cycle remember there's only 1 year for the bear market the rest are recovery and bullish cycles so this year is full bearish and we'll see but people ignore it even leave it even though bitcoin has gone through several 4 year cycles so just giving advice take as much as you can for this year so you can reap the rewards in the next year, good luck at least holding it till early 2024 

[d3nz]

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.

no it's not as bad as you think even before it's way worse than the current cycle remember there's only 1 year for the bear market the rest are recovery and bullish cycles so this year is full bearish and we'll see but people ignore it even leave it even though bitcoin has gone through several 4 year cycles so just giving advice take as much as you can for this year so you can reap the rewards in the next year, good luck at least holding it till early 2024 

Yes, right, and as usual the market will surely recover soon. It's part of the cycle of the crypto market as well as the stock and forex and the best opportunity is to hoard as we can before the bull run begins because it is a big loss for us if we are left out again.

2024 might be different since some are predicting that 2025 will start the bull run, also from tradingview members they are predicting that this will happen but it might be different.

[Blawpaw]

All bear markets are severe for some projects, while deadly to others. For now, it seems that we're holding the base and starting a new accummulation phase. Of yhis is actually what is happening, I guess that it wasnt that bad after all.

[Desmong]

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 bear is not really bad if we can understand the market right now. We are all waiting for Bitcoin to take a bold move so that the rest altcoins will take a bold move too. Once the market keep going bullish other altcoins too will move upward and everything will keep going up. I am very positive about the market right now because this is the time to buy and accumulate.

[MFahad]

Every body before investing need to educate himself on the 4 year cycle that works around the bitcoin halving. And a little advice buy low and sell high but yes, it’s almost time to buy. I believe ETH will drop slightly under $1000 but you never now. Do your own research and don’t believe on YouTube because I’m certain 95% of them are just guessing.

[fzkto]

Every body before investing need to educate himself on the 4 year cycle that works around the bitcoin halving. And a little advice buy low and sell high but yes, it’s almost time to buy. I believe ETH will drop slightly under $1000 but you never now. Do your own research and don’t believe on YouTube because I’m certain 95% of them are just guessing.

Good advice to buy low and sell high. But perhaps even you don't always manage to do that. Although I agree that now might be a good time to buy cryptocurrencies because so many altcoins are at a historic low. But if something goes wrong and the market falls even lower after buying, not many people will be able to handle the panic. If everyone bought low and sold high, everyone would be rich.

[Silberman]

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.

This depends on too many factors like the price at which you bought and whether you have any previous experience dealing with bear markets, the average price at which I bought my coins is lower than the current price and I have already experimented a bear market before, so I will say that I am very comfortable right now, but for someone that bought at a price close to the all time high and has not experimented a bear market before then it is likely the current market conditions are like hell for them.

[Kelvinid]

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 the others will feel bad, especially the beginners but for me and those who have experience from the past bear season, we'd see the market is still healthy. Yes, we can see a lot of altcoins are in huge dumps but this is not we measure the market if it is really in bad condition. In fact, I have not surprised how this is going to happen with projects that are no use-case and surely got rejected by the investors.

Just look at the top coins OP, you will see their price is still higher compared to the past bear season. Meaning, their status is still pretty good and the demand still high.

[wiss19]

These bear markets are basically for clearing the market from the useless stuff. I mean during the bull run there is a good chance that we end up with a thousand coins that people invest into, and they are usually shitcoins and scams as well and people fall for it. While bitcoin and the likes go up, there is a chance that all  others end up going up too.

So, we drop the bitcoin price and few good ones, but we crash and burn all the shitcoins and scam coins which will never recover. Then when they are all gone and done, and all these bad news are out of the way, we end up working towards making sure that the ones who will profit from the bull run is the real good ones.