Some of you here are so delusional. At least daily I see someone saying some variation of "it hasn't dipped below -irrelevant support- so its not a bear market!"
No. A bear market is an ACTUAL financial term, with an actual definition.
a bear market has a very specific definition: when the market is down 20% for at least a two-month period
It does NOT matter if it hasn't dipped below the previous bottom, etc.
You've all been deceived into thinking bear markets are bad. They're not. They're where accumulation happens. You can't properly DCA without dips.
Edit: and for all of you saying "Crypto is different!!!", would you have the same attitude if we were coming out of the bull market that got us to ~$1k? Why not? (So far no one has answered this lmfao. It's not different, quit deluding yourselves. 12 hours and still no answer that's furthe than 'volatility' or 'the volume!')
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