A bull market can make almost anyone feel smart. Everything looks easy when prices keep going up, conviction feels natural, and even bad decisions can still make money.
A bear market usually does the opposite. It strips away confidence, exposes weak habits, and forces people to look at how they actually handle fear, uncertainty, patience, and risk.
Did your first real bear market teach you discipline, emotional control, better risk management, or something completely different?
Curious what changed for you after going through it.
What did your first bear market teach you?
byu/cashflashmil inCryptoCurrency
Posted by cashflashmil
5 Comments
It tought me that BTC respects nothing except the 4 year cycles.
Narratives don’t matter, what’s happening in the world doesn’t matter, nothing matters.
I suppose it will break at some point, but untill it does, we already know the next top is at 2029 and we got a 40-60% drawdown at 2030
Dont buy when everyone is happy
That crypto is BS
Actually my first bull market taught me that. Witnessing irrational exuberance in real time was very, verrry disheartening. It became very clear that no one gave a shit about actually effecting meaningful change or reform.
Dont panic sell is what I learned. Hours later everything pumped back to green.
The first was to take profits when the bull market was ending. The second is to be patient and spread out buying in the bear market. Don’t use all your cash on the first dip.