12-08-2022, 09:04 PM
This situation won't last forever - how bad is the current situation realistically?
<!-- SC_OFF --><div class="md"><p>As the title says we know or most assume that the situation will get better and won't last forever. For many of us, this is our first real bear market in crypto and even my time perception changed, it seems to be that 10 years have gone by since BTC hit 69K. My mind tells me that this will end someday but my guts indicate to me that I won't see this day. </p> <p>I totally can afford to lose the money I invested and the money I will keep investing. I was determined to go through the bear no matter what, being not difficult at all it is hard as hell though. I never had the temptation of selling at a loss and kept DCA'ing. </p> <p>For those who have gone through more than a bear, do you think the situation will last much longer? The stock market shows no sign of recovery so far and it could go for a deep dive and take the crypto markets to very low prices. What do you think of that?</p> <p>It is not the first post I write about that topic and I'm trying to cope with the situation as much as I can, I never sold during the bear and I kept buying, but mentally and physically is affecting me more than I thought. I probably write these lines as a way of relief for my mind and soul. My capacity to read and focus has been affected by my smartphone and I suspect it's been mostly to checking charts constantly. I'm fighting off constantly the situation but never reached complete success though. </p> <p>It's been almost 3 years since the bull of 2020 started. Many people say this sub is shit and its advice is to be inversed, I disagree, many warned us that the music would stop and we should take profits, but we thought that "this time was different " in 2020, I'm not making this mistake again, the price was high, but I learned that lesson.</p> <p><strong>how long this situation will last? According to the length of bear markets, we're about to finish this one, do you agree?</strong></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Cypto_Spaniard"> /u/Cypto_Spaniard </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zfsfi6/this_situation_wont_last_forever_how_bad_is_the/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zfsfi6/this_situation_wont_last_forever_how_bad_is_the/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>As the title says we know or most assume that the situation will get better and won't last forever. For many of us, this is our first real bear market in crypto and even my time perception changed, it seems to be that 10 years have gone by since BTC hit 69K. My mind tells me that this will end someday but my guts indicate to me that I won't see this day. </p> <p>I totally can afford to lose the money I invested and the money I will keep investing. I was determined to go through the bear no matter what, being not difficult at all it is hard as hell though. I never had the temptation of selling at a loss and kept DCA'ing. </p> <p>For those who have gone through more than a bear, do you think the situation will last much longer? The stock market shows no sign of recovery so far and it could go for a deep dive and take the crypto markets to very low prices. What do you think of that?</p> <p>It is not the first post I write about that topic and I'm trying to cope with the situation as much as I can, I never sold during the bear and I kept buying, but mentally and physically is affecting me more than I thought. I probably write these lines as a way of relief for my mind and soul. My capacity to read and focus has been affected by my smartphone and I suspect it's been mostly to checking charts constantly. I'm fighting off constantly the situation but never reached complete success though. </p> <p>It's been almost 3 years since the bull of 2020 started. Many people say this sub is shit and its advice is to be inversed, I disagree, many warned us that the music would stop and we should take profits, but we thought that "this time was different " in 2020, I'm not making this mistake again, the price was high, but I learned that lesson.</p> <p><strong>how long this situation will last? According to the length of bear markets, we're about to finish this one, do you agree?</strong></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Cypto_Spaniard"> /u/Cypto_Spaniard </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zfsfi6/this_situation_wont_last_forever_how_bad_is_the/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zfsfi6/this_situation_wont_last_forever_how_bad_is_the/">[comments]</a></span>