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We are in a bear market but it doesnt need to last 3 years

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by COINS NEWS 169 Views

Ever since the May peak and the 50% crash that followed the sub has been filled with hopium bois, trying to convince themselves that "we are early" and "we are stil in a bull market dont worry guys" " the golden run is still ahead of us!" "Buy the dip".

No.

We had a bull market. It crashed. Now we are in a bear market.

How do you call a 50% drop? It is for sure not a small dip, neither a health correction. It is a crash.

Its understandable, a lot of people bought only recently and some of them -unlucky ones- bought the very peak. Thats ok. You will get your money back. But it wont be tomorrow. Maybe it wont even be this years. But thats ok.

You are in crypto for the long run. Bitcoin will hit 1m. When? Eventually. At current prices that 1m will be more like 400k but thats good too.

The bulls will come back, do not worry. But it wont be tomorrow and it wont be today.

We are in a BEAR market.

I personally dont think it will be as bad as last one. The post2018 winter was very hard for all of us. It was the first bear market for many, myself included. But we knew it was just a matter of time. Bulls will come back.

But now? Now we are in a bear market.

Will it last 3 years or 3 more months? Nobody knows.

Until them, buckle up. Wipe your tears. Count your losses.

You came in for this. This is crypto.

submitted by /u/perchero
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