MultiversX Tracker is Live!

You are delusional if you believe that we are not in the bear market. And I am not talking about the last few weeks.

All Cryptocurrencies

by COINS NEWS 151 Views

First of all, there is a 0% chance that we are in a bull market like this dumbass post with 1k upvotes stated.

Second of all, we ARE in a bear market. And I am not talking about the last few weeks. Crypto is on a steady decline for 7 MONTHS, and people want to still argue that this isn't a bear market?

By definition, a bull market occurs when securities are on the rise, while a bear market occurs when securities fall for a sustained period of time. If 210 days of steady decline isn't a sustained period of time, I don't know what is.

Personally, I haven't invested in the last few months for various reasons. The main one was that all altcoins were -70% down from ATH, while BTC was still at 40k. Now tell me what would happen if BTC reached 28k like it did last year? Altcoins would be most likely down -85%.

The rate hike, inflation, the Ukraine war and the stock market being in a bubble for almost 2 years now are just some other reasons.

So when will bull market start again in my opinion? Sadly, I believe it will happen only after a market crash. There will be a nice reset, investing going back to normal and people buying the dips, potentially war being over or even getting inflation under control.

Currently, no investor will ever go all-in with their money if there are so many risk factors.

submitted by /u/Underrated321
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments