what’s your next step?

[JunaidAzizi]

I don't think like this, don't panic, it will get back to its peak. But if not, and the bearish phase starts, then you must plan some rules and strategies for yourself. Talking about myself, I will not be fully out of Bitcoin, but I will take advantage of the lower prices, seeing the previous ATH of Bitcoin, and start DCA every week or month. When the next bull market starts, I will have a handsome quantity.

[EluguHcman]

so if this is truly the start of the bearish cycle, what are your plans? do you plan to buy and take advantage of the low prices or do you plan on ignoring bitcoin until the next bullish cycle?

No experience investor that would say that they always want to seat on the bull without having the effects of the bear unless you bumped into the market when the bull run has already kick started and you will also have to sell off while the bull is still running other wise the price will get to an extend of market falls even though the bull run have to come again.

So buying and hodling at the periods of the bear is usually good seasons to increase your portfolio

[SmartGold01]

I don't think like this, don't panic, it will get back to its peak. But if not, and the bearish phase starts, then you must plan some rules and strategies for yourself. Talking about myself, I will not be fully out of Bitcoin, but I will take advantage of the lower prices, seeing the previous ATH of Bitcoin, and start DCA every week or month. When the next bull market starts, I will have a handsome quantity.

Of course everyone wants the market to fall below current price so that they can accumulate enough volume and ready for the next bull circle to be able to make enough profits from their holdings.
But as the bear comes, it's very important to always involved oneself with DCA as we can't tell how dip or severe the market could be.

[MUGNIA]

There is nothing, just waiting for the bullrun to return where selling assets is already minus my portfolio, waiting for the altcoin session which never comes but if there is an opportunity to go up for altcoin, maybe I will sell and buy again when the market is really bearish

[ZAINmalik75]

I don't think like this, don't panic, it will get back to its peak. But if not, and the bearish phase starts, then you must plan some rules and strategies for yourself. Talking about myself, I will not be fully out of Bitcoin, but I will take advantage of the lower prices, seeing the previous ATH of Bitcoin, and start DCA every week or month. When the next bull market starts, I will have a handsome quantity.

Your step is very good and it is very optimistic too because in times like these we should have faith in the market because it will not remain like this for ever. It will certainly get back to its peak and bearish phase will vanish but we must have plans for it.

We should do some buying now because everything is in low prices now and buying now for long term is not suggested but still worth a shot. We should trade in coins which are in trend right now and being talked mostly because they can give more profit.

[sampoerna]

...Seeing from how BTC price still survive over $90k, actually, it's still good enough, no panic.

The more you panic the bigger the urge to sell off before price drops further comes in and sonner or later you give in selling off and shortly after bitcoin resumes pumping to the upside.

Exactly, the key is here, Don't Panic.
Because excessive panic will only have a bad impact and may drive ourselves to do something without good analysis and mature consideration. That's why, there is always advice, don't panic and be patient.

Both are very important to how we decide to sell or hold our assets. If for example there is no important, urgent, and pressing need, it is better to keep holding our assets in market conditions like this in order to maximize the potential profits that exist.

[SmartGold01]

Both are very important to how we decide to sell or hold our assets. If for example there is no important, urgent, and pressing need, it is better to keep holding our assets in market conditions like this in order to maximize the potential profits that exist.

That is why it's extra important that have a backup funds or other source of funds that could keep us ablaze while there is turbulence within the cryptocurrency market, and of course when there seems to be dip in the market lot of people do not have that solidify confidence over Bitcoin and can't exercise the patient to keep watching while the market dip, therefore they wouldn't mind panic and sell to make sure they didn't lose investments.

[enwi]

Both are very important to how we decide to sell or hold our assets. If for example there is no important, urgent, and pressing need, it is better to keep holding our assets in market conditions like this in order to maximize the potential profits that exist.

That is why it's extra important that have a backup funds or other source of funds that could keep us ablaze while there is turbulence within the cryptocurrency market, and of course when there seems to be dip in the market lot of people do not have that solidify confidence over Bitcoin and can't exercise the patient to keep watching while the market dip, therefore they wouldn't mind panic and sell to make sure they didn't lose investments.

Agreed, having a reserve fund is one of the measures that can assist us in addressing changes on the stock exchange. Wherever prices are down, people act rather wary and rushed, especially when the pressure is on, which is gradually increasing. That is why patience and financial preparation are critical factors in dealing with these condition because if we panic, we will take often steps which less profitable for us. When prices move either up or down, it is possible to remain calm as there are other sources of funds that can address other needs apart from investment. That way, the decisions made are not automatic and knee jerk, but there are more controlling factor and are in conformance to the plan set in advance.

[SamReomo]

so if this is truly the start of the bearish cycle, what are your plans? do you plan to buy and take advantage of the low prices or do you plan on ignoring bitcoin until the next bullish cycle?

I'm currently not buying Bitcoin and waiting for a good time so I can accumulate more Bitcoin. Currently I'm holding USDT and waiting to see dips in the market. I personally believe that Bitcoin can still move upward but I won't take any risk right now and allow my assets to remain in stable coins as of now. If Bitcoin drops below $80 then I will start DCAying on it again.

[Rubel007]

I don't think like this, don't panic, it will get back to its peak. But if not, and the bearish phase starts, then you must plan some rules and strategies for yourself. Talking about myself, I will not be fully out of Bitcoin, but I will take advantage of the lower prices, seeing the previous ATH of Bitcoin, and start DCA every week or month. When the next bull market starts, I will have a handsome quantity.

Bullish and bearish are complementary to each other. If the market is bullish, then a bearish trend can start, which is very natural. And in such a situation, an investor has to be careful. However, there is no certainty about when the market will be bearish or bullish. But if someone adopts the strategy of holding Bitcoin for a long time, especially the one you said that DCA does, then I think that even if the market is bad, it will not be a problem for him in the long run. Generally, in the case of Bitcoin, it is difficult for those who think of short-term investment to get positive results.

[PX-Z]

I'm currently not buying Bitcoin and waiting for a good time so I can accumulate more Bitcoin. Currently I'm holding USDT and waiting to see dips in the market. I personally believe that Bitcoin can still move upward but I won't take any risk right now and allow my assets to remain in stable coins as of now. If Bitcoin drops below $80 then I will start DCAying on it again.

It's uncertain if bitcoin will go down that range of $80k, for several months maybe. If it will go back there maybe it will go beyond $70k or so. That's why it's a bit confusing and risky in my part too unless i take risk, so far my holdings are in other crypto which divide my btc stacks from signature campaign earnings.

[omori]

It's uncertain if bitcoin will go down that range of $80k, for several months maybe. If it will go back there maybe it will go beyond $70k or so. That's why it's a bit confusing and risky in my part too unless i take risk, so far my holdings are in other crypto which divide my btc stacks from signature campaign earnings.

I do think we may see only by the end of the whole bull season that is currently present. Even though we are not moving up much, we are still far away from entering the Bear, in my opinion.

[PX-Z]

I do think we may see only by the end of the whole bull season that is currently present. Even though we are not moving up much, we are still far away from entering the Bear, in my opinion.

Agreed, its just that current price become more stable in that range $95k-$100k. Bear season should be $80k below as we never experience having that price several months already.

[dave_strider]

Agreed, its just that current price become more stable in that range $95k-$100k. Bear season should be $80k below as we never experience having that price several months already.

We see 87k now, so.. Pretty close to 85k at least 

[KincaidT]

I do think we may see only by the end of the whole bull season that is currently present. Even though we are not moving up much, we are still far away from entering the Bear, in my opinion.

Agreed, its just that current price become more stable in that range $95k-$100k. Bear season should be $80k below as we never experience having that price several months already.

A bear market usually means dropping below $80k which hasn't happened in months. If it stays stable, confidence is high, but if it falls below key levels, a bigger drop could follow.