I know now isn't the right time to think like this about the market when it's already down a lot but you can't take that picture out of sight where market could do -90% and another -90% in the coming weeks or months.
In the beginning of 2022 when market was slowly bleeding everyone thought the same way as people did this time but than came a bear market
Could be same thing repeating right Infront of our eyes but we aren't just ready to accept it? I'm not either accepting that the bull run is over but let's say it is over.
Survive another Bear Market?
To be honest from last year October we are in a constant bear market and if you're still in crypto and have something that you could call "portfolio" than you've pretty much survived it.
The worst is behind us? Maybe that's true to some extent only if stocks doesn't end up going to zero in coming months.
If stocks somehow stayed in the range and people get bored of it we might see some momentum in our market.
But I'm thinking of the worst that could happen like 16,500 was the bottom for bitcoin in last bear market
And we're far from that price and I'm sure we'll never see those price again in bitcoin history unless the entire system collapse and we're sent to the dark ages.
Stack sats in bear
I know that bear market isn't easy to survive but it gets better eventually when you shift your mindset from achieving everything in next 10 days to I'll be consistently accumulate while the prices are low
And enjoy the results in a year or so when prices are way up than that.
At this point you could be down -90% but if you're accumulating in these ranges I can tell you'd be a lot happier with the outcome when things get easy.
2nd Cycle Curse is Real
I've heard a lot of people talk about how it's not possible to do it right in the second bull run because you're not ready to accept that it's the bull run
Because of the PTSD you got from the bear market and you're just thinking about the worst
But when it's your third cycle you'd be aware of the situation and will be able to outperform in that cycle.
So for this remaining part of the cycle while the prices are this low you should stack sats and stop counting on the days and the losses that aren't even loss as long as you don't sell.
In last bear market I held bitcoin cash go from $1650 to $90 but never sold a single coin and look where it is now at this time much higher than that bottom but not close to those ath and those loss aren't real unless you give up and sell it.
That's what everyone means when they say don't let them steal your coins cheap. You're supposed to carry the boats and when the boat is sinking don't jump off it since jumping off doesn't ensure you'll reach to the shore.
Wonder how you'd survive a bear market? Do share about it in the comments.
that's all folks.