You are delusional if you believe that we are not in the bear market. And I am not t
#1
You are delusional if you believe that we are not in the bear market. And I am not t

<!-- SC_OFF --><div class="md"><p>First of all, there is a 0% chance that we are in a bull market like this dumbass <a href="https://www.reddit.com/r/CryptoCurrency/comments/udrns8/ive_been_here_since_2013_and_sorry_but_the_bull/">post</a> with 1k upvotes stated. </p> <p>Second of all, we ARE in a bear market. And I am not talking about the last few weeks. Crypto is on a steady decline for <strong>7 MONTHS</strong>, and people want to still argue that this isn't a bear market?</p> <p>By definition, a bull market occurs when securities are on the rise, while a bear market occurs when securities <strong>fall for a sustained period of time</strong>. If 210 days of steady decline isn't a sustained period of time, I don't know what is.</p> <p>Personally, I haven't invested in the last few months for various reasons. The main one was that all altcoins were -70% down from ATH, while BTC was still at 40k. Now tell me what would happen if BTC reached 28k like it did last year? Altcoins would be most likely down -85%.</p> <p>The rate hike, inflation, the Ukraine war and the stock market being in a bubble for almost 2 years now are just some other reasons.</p> <p>So when will bull market start again in my opinion? Sadly, I believe it will happen only after a market crash. There will be a nice reset, investing going back to normal and people buying the dips, potentially war being over or even getting inflation under control. </p> <p>Currently, no investor will ever go all-in with their money if there are so many risk factors.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Underrated321"> /u/Underrated321 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ulynqb/you_are_delusional_if_you_believe_that_we_are_not/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ulynqb/you_are_delusional_if_you_believe_that_we_are_not/">[comments]</a></span>
Reply


Possibly Related Threads…
Thread Author Replies Views Last Post
  Bitcoin ETF momentum runs out as crypto market enters summer slump: Report Dato 0 124 08-11-2023, 12:44 PM
Last Post: Dato
  Circle preps $1B war chest to deal with market threats from PayPal and others Dato 0 113 08-11-2023, 06:35 AM
Last Post: Dato
  Telegram crypto bots gain momentum in the market: Binance Research Dato 0 66 08-08-2023, 04:40 AM
Last Post: Dato
  Bitcoin price taps $29.3K as data shows ‘most resilient’ US jobs market Dato 0 75 08-06-2023, 06:47 AM
Last Post: Dato
  Binance Japan Plans to Initially List 34 Tokens Following Market Re-entry Andy 0 72 08-01-2023, 10:04 PM
Last Post: Andy



Users browsing this thread: 1 Guest(s)