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Newish to crypto. Is this what a bear market looks like?

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by COINS NEWS 208 Views

I started a bit before May. So I've seen a few big corrections usually followed by somewhat steady growth leading to another correction.

This feels different. It feels like the corrections are the same but less growth before yet another correction/crash.

I don't see a need to sell my crypto anytime soon so I'm just looking at this as a way to buy more of the projects I'm interested in.

But what would you say officially signifies a bear market? How long does the trend need to be going downward to say hey this is the bear market people have been talking about?

I'm thinking my strategy for an actual bear market is to hit Bitcoin and eth much harder and stuff keep holding and staking the alt coins I already have. Any thoughts on that?

EDIT: My question is poorly worded as I think it should have been more along the lines of "is this how a bear market starts?" I've gotten some very good input though it's much appreciated!

submitted by /u/cburke82
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