01-20-2022, 10:09 PM
A bear market is a real financial term
<!-- SC_OFF --><div class="md"><p>Some of you here are so delusional. At least daily I see someone saying some variation of "it hasn't dipped below -irrelevant support- so its not a bear market!" </p> <p>No. A bear market is an ACTUAL financial term, with an actual definition. </p> <blockquote> <p>a bear market has a very specific definition: when the market is down 20% <em>for at least a two-month period</em></p> </blockquote> <p>It does NOT matter if it hasn't dipped below the previous bottom, etc. </p> <p>You've all been deceived into thinking bear markets are bad. They're not. They're where accumulation happens. You can't properly DCA without dips.</p> <p>Edit: and for all of you saying "Crypto is different!!!", would you have the same attitude if we were coming out of the bull market that got us to ~$1k? Why not? (So far no one has answered this lmfao. It's not different, quit deluding yourselves)</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/AncientBlonde"> /u/AncientBlonde </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s8hd8o/a_bear_market_is_a_real_financial_term/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s8hd8o/a_bear_market_is_a_real_financial_term/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Some of you here are so delusional. At least daily I see someone saying some variation of "it hasn't dipped below -irrelevant support- so its not a bear market!" </p> <p>No. A bear market is an ACTUAL financial term, with an actual definition. </p> <blockquote> <p>a bear market has a very specific definition: when the market is down 20% <em>for at least a two-month period</em></p> </blockquote> <p>It does NOT matter if it hasn't dipped below the previous bottom, etc. </p> <p>You've all been deceived into thinking bear markets are bad. They're not. They're where accumulation happens. You can't properly DCA without dips.</p> <p>Edit: and for all of you saying "Crypto is different!!!", would you have the same attitude if we were coming out of the bull market that got us to ~$1k? Why not? (So far no one has answered this lmfao. It's not different, quit deluding yourselves)</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/AncientBlonde"> /u/AncientBlonde </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s8hd8o/a_bear_market_is_a_real_financial_term/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s8hd8o/a_bear_market_is_a_real_financial_term/">[comments]</a></span>Kind Regards R