Crypto Enthusiast Are More Focus On Surving The Bear Market Than Seeing The Bull Market.
There is no denying that we are currently experiencing a severe bear market, and many of us regret our decision to hold onto our investments. Others wish they had sold at the high, but how can one tell when it was? Consider this: the majority of our portfolios have lost more than 90% of their value. What if you had taken profits at what you believed to be the high, but it turned out not to be the top and the cryptocurrency market continued to rise further, increasing the value of the asset you had prematurely sold?
Many people have left the crypto industry, and I won't hold it against them, to be really honest. Imagine that you were making $25 per day during the bull market, but that you are now earning less than $3 per day during the bear market. As a result, nothing appears to make sense to you any longer, and you gradually begin to doubt your continued existence. You start thinking to yourself, "Am I wasting my time here? Why am I still holding or waiting? Well, a lot of people have resumed looking for offline employment in order to make ends meet while they wait for the cryptocurrency market to resume its bullish push.
As much as we believe in the future of cryptocurrency, we cannot ignore that we are in the present and that we are living in the current moment, so I won't hold it against those who have left to look for offline gig/job. People need to find a means to survive in the present in order to maintain their hope for the future. This is because they must find a way to survive in the present. When asked whether they still think that cryptocurrency will make them rich or millionaires in the future, a cryptocurrency investor or enthusiast will likely respond that they do, but they are currently more concerned with surviving the bear market.
The past few months have been an absolute roller coaster. Take Steemit, for instance. The number of posts that bloggers are producing has significantly decreased, obviously due to lower payouts. If you wait until the bull market, everyone will start creating contents and accumulating more STEEM, including myself. The fact that we are in a bear market doesn't imply that cryptocurrency is going away; I still think that if you stay and use this bear market to learn and boost your experience and knowledge, you may become wealthy in the next bull market.
https://twitter.com/Memphiz_/status/1697393973764010123?t=9_TKQ--EXt1RhTUzePw9kQ&s=19
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