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Bearish right now does not mean the bull cycle is over. This is panicking lots of newbies.

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by COINS NEWS 174 Views

I see this quite often on Reddit, Twitter, and YouTube, and it's causing mass panic. When someone says things are looking bearish, it does not mean that we are entering year long 90% crash like the previous cycles. It could mean that we are in a "intra-cycle" bear trend. We can still pick up and swing to a new ATH.

Info Gathering

There are mini bear cycles that you can find in a bull cycle. I recommend looking at Stock to flow model, learning about Bitcoin halvings, whale pyschology (specifically human greed), etc, and then making your own decisions on whether the cycle is over.

I like Benjamin Cowen, Bob Loukas (a gem), as they provide valuable insights. I don't always agree with them, but they give me info that I use to research more.

Something to consider, while thinking like a whale: Whales are accumulating right now, massively. As a whale, it makes no sense to accumulate right now if you're not going for one final push to the upside. It's better to just let market drop 90% then accumulate super cheap. But they are buying, and they are going for a final leg up.

Going Forward

If you're really unsure about where it's all going, consider right now as an opportunity to get into the next cycle by DCA. Start with tiny amounts. If we continue a cycle to ATH, great, you've made money. If we don't, great, you're early for the next cycle, and you can continue to DCA during the bear, which will reduce your average cost.

Don't listen to others. Listen to yourself after gathering information.

submitted by /u/ehh_what_evs
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