11-26-2022, 10:47 PM
Why are many people so worried and stressed about crypto during the bear? Isn't the
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/z5erb9/why_are_many_people_so_worried_and_stressed_about/"> <img src="https://b.thumbs.redditmedia.com/4nXsn5E6gIAIfBRyhpvZ9xGSOH54bPLlAsNUxYTO_GQ.jpg" alt="Why are many people so worried and stressed about crypto during the bear? Isn't the bear strategy for an investor simple: accumulate and wait?" title="Why are many people so worried and stressed about crypto during the bear? Isn't the bear strategy for an investor simple: accumulate and wait?" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>I <em>know</em> that we are in a bear market and that the bear can be frightening, particularly around capitulation moments, like the capitulation in June with Luna, 3AC, and Celsius, and now again with FTX. The Fear & Greed index is stuck at Extreme Fear for a reason. </p> <p>Yet, assuming people did not buy terrible projects or overinvested, I dont fully understand why people who invest for the longterm are so stressed about crypto and worried about short term price action. </p> <p>As far as I understand, most of us agree that:</p> <ul> <li>Crypto adoption is at all time high.</li> <li>These are good prices to buy good projects like Bitcoin and Ethereum for the long-term.</li> <li>Good cryptocurrency projects like Bitcoin and Ethereum are here to stay, so they will survive the bear and appreciate in price and make new all time highs.</li> </ul> <p>Remember, Bitcoin is by far the strongest asset since 2011.</p> <p><a href="https://preview.redd.it/z3mkgneebc2a1.jpg?width=997&format=pjpg&auto=webp&s=aa8361a12147d57a8965acbaa35bdcf022641d6a">Snapshot as of 18 November 2022</a></p> <p>Right? Or is my understanding incorrect here? I think we are here because we believe in crypto and these are prices many of us dreamt of. </p> <p>Now that we are down ~77%, it also makes absolutely no sense to sell. So isn't the bear market as straight-forward as it gets: accumulate and wait?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Beyonderr"> /u/Beyonderr </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/z5erb9/why_are_many_people_so_worried_and_stressed_about/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/z5erb9/why_are_many_people_so_worried_and_stressed_about/">[comments]</a></span> </td></tr></table>
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/z5erb9/why_are_many_people_so_worried_and_stressed_about/"> <img src="https://b.thumbs.redditmedia.com/4nXsn5E6gIAIfBRyhpvZ9xGSOH54bPLlAsNUxYTO_GQ.jpg" alt="Why are many people so worried and stressed about crypto during the bear? Isn't the bear strategy for an investor simple: accumulate and wait?" title="Why are many people so worried and stressed about crypto during the bear? Isn't the bear strategy for an investor simple: accumulate and wait?" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>I <em>know</em> that we are in a bear market and that the bear can be frightening, particularly around capitulation moments, like the capitulation in June with Luna, 3AC, and Celsius, and now again with FTX. The Fear & Greed index is stuck at Extreme Fear for a reason. </p> <p>Yet, assuming people did not buy terrible projects or overinvested, I dont fully understand why people who invest for the longterm are so stressed about crypto and worried about short term price action. </p> <p>As far as I understand, most of us agree that:</p> <ul> <li>Crypto adoption is at all time high.</li> <li>These are good prices to buy good projects like Bitcoin and Ethereum for the long-term.</li> <li>Good cryptocurrency projects like Bitcoin and Ethereum are here to stay, so they will survive the bear and appreciate in price and make new all time highs.</li> </ul> <p>Remember, Bitcoin is by far the strongest asset since 2011.</p> <p><a href="https://preview.redd.it/z3mkgneebc2a1.jpg?width=997&format=pjpg&auto=webp&s=aa8361a12147d57a8965acbaa35bdcf022641d6a">Snapshot as of 18 November 2022</a></p> <p>Right? Or is my understanding incorrect here? I think we are here because we believe in crypto and these are prices many of us dreamt of. </p> <p>Now that we are down ~77%, it also makes absolutely no sense to sell. So isn't the bear market as straight-forward as it gets: accumulate and wait?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Beyonderr"> /u/Beyonderr </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/z5erb9/why_are_many_people_so_worried_and_stressed_about/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/z5erb9/why_are_many_people_so_worried_and_stressed_about/">[comments]</a></span> </td></tr></table>