05-10-2022, 06:27 AM
PRO TIP: The bear market doesn't end while we still have multiple posts on the front
<!-- SC_OFF --><div class="md"><p>It'll only end when those same people have either capitulated or stopped buying. To see this sub during the last bear cycle was magical - it was almost a ghost town compared to 2017. It was only at that kind of capitulation did crypto finally bottom out.</p> <p>After all, Bitcoin hit 20k in its last bullrun, and fell all the way to 3k in the subsequent years. That's a nearly 90% drop - We're barely past 50% down from this cycle's ATH.</p> <p>People saying that now is the time to buy sound like they haven't truly experienced those kinds of drops.</p> <p>By all means DCA, but truly do not put in anything you can't afford to lose. Even if these prices look great compared to last year.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/godstriker8"> /u/godstriker8 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/um19z1/pro_tip_the_bear_market_doesnt_end_while_we_still/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/um19z1/pro_tip_the_bear_market_doesnt_end_while_we_still/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>It'll only end when those same people have either capitulated or stopped buying. To see this sub during the last bear cycle was magical - it was almost a ghost town compared to 2017. It was only at that kind of capitulation did crypto finally bottom out.</p> <p>After all, Bitcoin hit 20k in its last bullrun, and fell all the way to 3k in the subsequent years. That's a nearly 90% drop - We're barely past 50% down from this cycle's ATH.</p> <p>People saying that now is the time to buy sound like they haven't truly experienced those kinds of drops.</p> <p>By all means DCA, but truly do not put in anything you can't afford to lose. Even if these prices look great compared to last year.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/godstriker8"> /u/godstriker8 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/um19z1/pro_tip_the_bear_market_doesnt_end_while_we_still/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/um19z1/pro_tip_the_bear_market_doesnt_end_while_we_still/">[comments]</a></span>