What is your perception about the bear market in crypto?

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(Edited)

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The most dreaded time in the cryptoverse to some is the bear season, although this isn't to everyone in the cryptoverse. Bear market is a normal part of the cryptoverse and most occur for more people to flood into the cryptoverse.

What is bear market?
Unlike a crypto winter, which is less clearly defined, a bear market must meet precise numeric thresholds to be officially declared. A bear market is said to occur when asset prices drop by 20% or more from recent highs and remain lower for a protracted length of time.

From the above definition of what bear market is, one can deduct the following: the price must fall by 20% or more and remain lower for a certain period of time.

Bear season aren't a funny season for most investors but I can truly say that to the wise, it's a time to gather, hodl and stack crypto assets waiting for the bull season to come in order to make huge profits.

These profits earned from the bull sales are not used unwisely. They're used to reinvest in profitable tokens that'll become more productive in the future.

What is your perception about the bear market?
For me, it's time to look beyond the current price of a token and focus on ventures that are most likely to be productive once the bear season ends. Although sometimes, the tokens bought during the bear market continues to depreciate and this process of depreciation is very painful but with the future in mind, I continue to keep up to the task ahead.

The best way to enjoy the bear market is to reinvest dividends of the bull season to more profitable crypto ventures.

What do you think about the bear market?



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