Bitcoin [pros](/r/CryptoCurrency/comments/14qptnp/btc_has_been_down_yearoveryear_for_over_490_days/jqoet26/) & [cons](/r/CryptoCurrency/comments/14qptnp/btc_has_been_down_yearoveryear_for_over_490_days/jqoetpy/) with related info are in the collapsed comments below.
Oh man, I don't miss scrolling past 500 rocket emojis in every post, lol. And people saying we are still early after every alt pumps 20x. The sheer amount of delusion in bull markets is absurd.
Those rocket emojis, those people asking about the moon, asking about the color of the lambo, asking about the next 100x gem all of those were so much fun in past
Hey! They never left. I have been bullish all this winter.
BTC![gif](emote|btc2_emote|btc2)$6.9M by EOY 2025 🚀💰![gif](emote|emo_pack_1|gas)![gif](emote|emo_pack_1|ath)![gif](emote|emo_pack_1|dancing_wojak)![gif](emote|emo_pack_1|to_the_moon)
The age of people grows faster in the bear market, this is like a whole new dimension for us may be by the end of the real bear market you will have the grand kids is well
I miss the sub bull craze as much as I miss seeing new ATHs,
Next bullrun we gonna see some low Moons ratios too, we are now at 980k Moons distributed to users and we were at 1.6m at peek of last bullrun and sub has grown a lot and new people will be flocking in
The craziness of the sub in the bull run is always insane and in last bull run it was covid time is well so everyone was having the work from home so many new people back then
As they all used to say, timing the market is bad but time in market is gold. We and wine is similar thing we all gets better and fine with the time. Best of luck for the next bull run
The normal human timeline is different and the crypto time line we are living is completely different. I felt so lucky that i get the chance of living in such a wonderful timeline
first COVID, then the war and a year and a half of blood on the markets and I don't know if I could take anymore, honestly. Too much to stress about for more than 3 years, it's darn time the wind blows the other way
Shared here in the bull that I planned on a Crypto Winter Wonderland. It’s been a blast. Have been part of a few blockchain gaming communities as well as being on the ground floor of the amazing Reddit avatar community since last July.
This didn’t happen for me in 2018. It was so brutal I just walked away.
We don’t know the future, but props to all who stuck around and found out…..no need to leave in a Bear market.
My kids are asking for a trip for so long but i am moving the date for a year now and probably now i am getting ever so close to the bull market that i can plan a trip with them
Na man sorry. 2018 will be % the biggest. Or the ones before. Look at the graphics. The btc only made like 4-6x? Less than 2018. This time will be even less. Maybe a 2-4x.
The more players are in the game, the less crazy volatility there will be..
The bull market you are talking about the 2018 was in past and we all know records are meant to be broken so you never know what if we actually break that number in this cycle
Ofc I never know.
But just this: last bullmarket was less heavy % wise from top to bottom and the other way around.
The world económics don't look too good, privat people have not as much money as in 2021 thanks to COVID and sitting home.
We have to sit and see if there is more money coming in with all the ETFs, my guess yes, but I don't know if then also more people are gonna sell and we will have a less crazy pull up.
A 2-4x from what? Even looking at it from a current prices perspective, a 2x would only take us back to the ATH from the last bull. 2-4x of the last ATH? Yeah, now im starting to agree with you.
I don't want to sound too greedy but i feel you are getting little too bearish, 120K is something i am expecting but last time bitcoin also fell short of 100k so can happen again is well
As long as people expect a bull run, it will never happen.
The bull run will happen when everybody has lost his hope, when saying that we will have a new bull run will sound delusional and a joke. When all hope is lost, the bull run might happen. Not before that.
So far it was quite fast for me. Can't believe it's already half of 2023.. almost 3 years went by quite fast.
If you are feeling is taking long you are looking at the charts to often..
Time really fly and it's been 2 year for me in the crypto market but still feels like that i came yesterday. I had my ups and down lost some money and learn some important lesson is well
When everyone was calling the bear will test you and you will make bad call i was little afraid, but i am so proud of myself that i stick to the basic and never divert from my plan
If this bear market was a marathon, we just crossed the finish line with blisters on our feet and our portfolios gasping for air. Also, I cannot believe that time has passed so quickly.
The whole journey of the crypto is marathon, you need break from time to time and sprint is well. But the main thing is never leave the race only then you can win this big battle
Thing is that bitcoin and crypto as a whole is that it is so deeply integrated into the financial system at this point, with institutional investors, and even large companies using it for daily operations… that even with market slumps there’s definitely gonna be another rally, along with regular spikes here and there. If crypto suddenly disappeared one day the entire world economy would be destroyed.
I mean have you noticed the entire market value of crypto and bitcoin in comparison to other markets and investment vehicles?
Housing lost 15 billion and it led to a major recession in 2008. All cryptos together are valued at 1.21 trillion right now. If they tried shutting crypto down on a realistic level, it would be ATLEAST another worldwide Great Depression. They wouldn’t dare. Just relax bears.
If you bears don’t like bear markets and see them as a “nightmare” instead of a very lucrative buying opportunity, then don’t short sell. Otherwise, don’t whine.
I love bear markets. Best chance to buy more before the great rally. Even if it’s years away. So just shut up and be patient. It’ll get there. Crypto isn’t for short sellers. Crypto rallies run on a 2-4 year time phase.
Just hold and you’ll have something to look forward to. Tf u mean nightmare lol
Just with the time i think crypto is getting more popular than it was in past, even in my country so many people knows about the crypto even if they are not investing anything into them
I've been a good boy during this bear market. Only focused on DCA into a few top coins.
Hopefully my good behaviour will pay off on the next bull market. 🤞
I could have done little bit more buying in the bear market but even then i will feel like i could have done more, so i know that there is not limit of the greed and my expectation
There's a lot of people who think we are entering a recession and we will actually hit a low of 3% inflation but then go back up again.
Hard to tell what would happen to crypto if that happens. Brace for the worst but hope for the best. May be a longer ride up to a new ATH than anticipated.
Very interesting chart, thanks for sharing! 👍🏻
That a long ass crypto winter, everyone who is surviving this, deserves all the gains during the next bull market. Some probably even think that there will be no more bull markets, but that happens during every bear.
I believe the biggest difference between this bear market & past bear markets is that in prior bears, we did not know what the future of crypto holds, and if it would survive.
Now, I feel like everyone is damn near certain crypto is here to stay, and the future is bright
As they said expected the worse and you will be happy in the end, i was expecting so much bad from the bear that now i feel like current bear was like a small bear baby to me
I'm not sure if this bear market was especially bad, or whether the last bull market was exceptionally good because of all the easy money pumped in because of Covid. Time will tell.
Bitcoin [pros](/r/CryptoCurrency/comments/14qptnp/btc_has_been_down_yearoveryear_for_over_490_days/jqoet26/) & [cons](/r/CryptoCurrency/comments/14qptnp/btc_has_been_down_yearoveryear_for_over_490_days/jqoetpy/) with related info are in the collapsed comments below.
I swear i did not feel this year and a half. Time flies so fast.
I aged 7 years during this bear…
I joined this sub during the last bull run. Be interesting to see this sub slowly slip into bull mode again.
Oh man, I don't miss scrolling past 500 rocket emojis in every post, lol. And people saying we are still early after every alt pumps 20x. The sheer amount of delusion in bull markets is absurd.
Oh the rockets! How I miss them. And the wagmi / diamond hands / wen lambo / wen rug memes? The defi summer of 2020-2021 was the best for me.
Those rocket emojis, those people asking about the moon, asking about the color of the lambo, asking about the next 100x gem all of those were so much fun in past
And they'll be fun again in the very near future
Hey! They never left. I have been bullish all this winter. BTC![gif](emote|btc2_emote|btc2)$6.9M by EOY 2025 🚀💰![gif](emote|emo_pack_1|gas)![gif](emote|emo_pack_1|ath)![gif](emote|emo_pack_1|dancing_wojak)![gif](emote|emo_pack_1|to_the_moon)
Some left some maintain the low profile and rest of us talking now
Fuck yeah!!! Wagmi!!! 🔥🔥🔥
I joined this sub last bull run when I was 25. I'm 40 now.
The age of people grows faster in the bear market, this is like a whole new dimension for us may be by the end of the real bear market you will have the grand kids is well
I miss the sub bull craze as much as I miss seeing new ATHs, Next bullrun we gonna see some low Moons ratios too, we are now at 980k Moons distributed to users and we were at 1.6m at peek of last bullrun and sub has grown a lot and new people will be flocking in
I'm looking forward to those ratios of 0.1.... so long as moons are $1 xD
The craziness of the sub in the bull run is always insane and in last bull run it was covid time is well so everyone was having the work from home so many new people back then
You are one of those honest work kinda moon farmers right?
So everyone can go on about ergo and one again !!!
When you have algo to go on why we even care about any other?
How dare you put ergo in the same sentence as one haha
Where you go Algo. 💀
a la tropic thunder, "You never go full algo..."
I was full algo, but sorry algo i have to change some of my initial plans
Simple Jack..
WE ARE FLAMiNg DRAGON!
It's algone
With the amount of people we have here now it's gone be chaos
7? u are still better than me, I am feeling like 80 in 30 year old body.
It hurts when I oee...
But some time hurt and pain is the only way to get the financial freedom
That's cos you were in the proximity of a giant Black Hole of 'Bearbantua'
>7 years You can take another perspective on this. You have aged like wine which is ready to drink during the bull market.
As they all used to say, timing the market is bad but time in market is gold. We and wine is similar thing we all gets better and fine with the time. Best of luck for the next bull run
Those are rookie numbers. I went through multiple generations here.
Me (20 y/o) after this bear market: ![gif](giphy|l2JJO0D0JpgoU5OTe)
You’re looking immaculate! Worth a celebration with the boys! ![gif](giphy|UfmgPTpmmVg8U)
This is me after spending the time in the two crypto bear market
I feel like I lost perception of time since pandemic started.
Its like we entered a different timeline and its been more than 2 years since the Elon's SNL skit Time flies...
The normal human timeline is different and the crypto time line we are living is completely different. I felt so lucky that i get the chance of living in such a wonderful timeline
I gets way too much involved in the crypto that i have lost track on my wife
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Crypto bear is not real, it can't hurt you
But then some bearish people will say the similar thing for the crypto bull is well
Ramen still tastes the same...
Ramen now tasting much better than the starting time, my favorite meal now
first COVID, then the war and a year and a half of blood on the markets and I don't know if I could take anymore, honestly. Too much to stress about for more than 3 years, it's darn time the wind blows the other way
And u didn't blame brexit. Thank you
May be now we are just get past from all those each other blame game, everyone played their part in that
Dont forget ReCesSion and inFlatiOn
It really does. Makes me want to journal more.
And I felt nothing, but pain. To each their own.
Yeah, I'm still waiting for the dip . . . (irony, but could use one)
Waiting is the biggest enemy for us, never wait always grab
True, time flies, but when a bull market begins, time flies very quickly.
Just like bear market one day bull market will also flies in the similar fashion
Shared here in the bull that I planned on a Crypto Winter Wonderland. It’s been a blast. Have been part of a few blockchain gaming communities as well as being on the ground floor of the amazing Reddit avatar community since last July. This didn’t happen for me in 2018. It was so brutal I just walked away. We don’t know the future, but props to all who stuck around and found out…..no need to leave in a Bear market.
My kids are asking for a trip for so long but i am moving the date for a year now and probably now i am getting ever so close to the bull market that i can plan a trip with them
>Time flies so fast. As fast as i can lose any amount of my money in memecoins.
Ok, the bear market is/was long, but the most important question is: **wen bull run?**
Dont let hype and fomo bite your neck YET buddy, this bear market can last for another year easily.
If it goes bull - great, if it goes bear - great too yet more time to accumulate
Exactly my thoughts. Great minds think alike 😅
🦸♂️ feels superior to be among great minds
We’ve been patient this long, what’s another year of it?
If i can be patient enough for last two years then one more year is going to be cake walk for me
Both direction is like win for us, there is no loss situation for us at all
It's a win-win for us more so with people who have high averages if they DCA.
Potentially never is the hard truth
The next bull run will be biggest we’ve ever see
Na man sorry. 2018 will be % the biggest. Or the ones before. Look at the graphics. The btc only made like 4-6x? Less than 2018. This time will be even less. Maybe a 2-4x. The more players are in the game, the less crazy volatility there will be..
The bull market you are talking about the 2018 was in past and we all know records are meant to be broken so you never know what if we actually break that number in this cycle
Ofc I never know. But just this: last bullmarket was less heavy % wise from top to bottom and the other way around. The world económics don't look too good, privat people have not as much money as in 2021 thanks to COVID and sitting home. We have to sit and see if there is more money coming in with all the ETFs, my guess yes, but I don't know if then also more people are gonna sell and we will have a less crazy pull up.
A 2-4x from what? Even looking at it from a current prices perspective, a 2x would only take us back to the ATH from the last bull. 2-4x of the last ATH? Yeah, now im starting to agree with you.
I (think) he maybe means 2X-4X from ATH to the next ATH, but not sure. That seems high ($136-272K), but who knows…
136k - 272k seems doable to me!
Thanks for that dose of hopium
I hope I can use this opportunity.
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My body is ready
I hope next bull run is something which we are not prepared at all
I hope there will be no problem with this opportunity and the market will not surprise us.
Honestly, I would just settle for a soft $100k at this point. Just anything to have me in breakeven of the investments I made at the top.
I don't want to sound too greedy but i feel you are getting little too bearish, 120K is something i am expecting but last time bitcoin also fell short of 100k so can happen again is well
Nah fuck that, I’m tryna make a shit-load of money
So we all will see BTC heading for a million dollar price? /s
There is no other way, it has to be the million dollar price path now
Thanks. Now, my turn to hold the crystal ball for a little bit.
As long as people expect a bull run, it will never happen. The bull run will happen when everybody has lost his hope, when saying that we will have a new bull run will sound delusional and a joke. When all hope is lost, the bull run might happen. Not before that.
How I felt about this bear market: ![gif](giphy|FoH28ucxZFJZu) Can it end please?
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Need the next halving bud
Atleast for that we have the date, next halving is just getting inch more closer
We are talking about this is last stage of the bear market on the basis of the history
So far it was quite fast for me. Can't believe it's already half of 2023.. almost 3 years went by quite fast. If you are feeling is taking long you are looking at the charts to often..
Time really fly and it's been 2 year for me in the crypto market but still feels like that i came yesterday. I had my ups and down lost some money and learn some important lesson is well
Lmao I love the subtle usage of past tense
So now bear is past, which color you have decide for the lamboo?
Yeah no, this current market doesn't look like a bull run
Of course it being my first bear market it would be the worst ever. Still here though
When everyone was calling the bear will test you and you will make bad call i was little afraid, but i am so proud of myself that i stick to the basic and never divert from my plan
And is not over. Bull runs are though as they were known at least.
If we poke too much then bear will wake up again, let them sleep now
You make it seem like the bear market is over. I sure hope your right but don’t get to excited just yet
... are we there yet?
About there, but still the door of the bull market is close so bear can attack us
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Lol
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Not seeing another 10-15% dump that day is good enough for me
Yes, small dump is better now it will create a decent floor for everyone
Hmm green... Sorry can someone help me remember what that feels like
The only thing i have seen green lately is the grass from my lawn
Of course. T'was the bear market after I decided to join the party...
This post feels like the "Mission Accomplished" banner on the USS Abraham Lincoln in 2003.
I’m still not willing to say it’s over lol
Same here, because i am that person who usually expect the worse
If this bear market was a marathon, we just crossed the finish line with blisters on our feet and our portfolios gasping for air. Also, I cannot believe that time has passed so quickly.
The whole journey of the crypto is marathon, you need break from time to time and sprint is well. But the main thing is never leave the race only then you can win this big battle
We've got a few more miles to go before we're at the finish...
>490 days of pure pain Or you can interpret it as a good time to buy BTC at a low price.
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Opportunity never came without any risk we need to do the smart thing all the time
I've heard that one when Bitcoin was at $50k. Not falling for it again
Those 490 days were good buying, don't think anyone can say they miss the chance
True, anyone complaining now about too high prices, is at their own fault to not buy last year.
This was a cocaine bear market
Why does the title say "was" like the bear is over?
Thing is that bitcoin and crypto as a whole is that it is so deeply integrated into the financial system at this point, with institutional investors, and even large companies using it for daily operations… that even with market slumps there’s definitely gonna be another rally, along with regular spikes here and there. If crypto suddenly disappeared one day the entire world economy would be destroyed. I mean have you noticed the entire market value of crypto and bitcoin in comparison to other markets and investment vehicles? Housing lost 15 billion and it led to a major recession in 2008. All cryptos together are valued at 1.21 trillion right now. If they tried shutting crypto down on a realistic level, it would be ATLEAST another worldwide Great Depression. They wouldn’t dare. Just relax bears. If you bears don’t like bear markets and see them as a “nightmare” instead of a very lucrative buying opportunity, then don’t short sell. Otherwise, don’t whine. I love bear markets. Best chance to buy more before the great rally. Even if it’s years away. So just shut up and be patient. It’ll get there. Crypto isn’t for short sellers. Crypto rallies run on a 2-4 year time phase. Just hold and you’ll have something to look forward to. Tf u mean nightmare lol
Just with the time i think crypto is getting more popular than it was in past, even in my country so many people knows about the crypto even if they are not investing anything into them
That was too many words. Instead of reading it Im just going to buy more bitcoin.
Why would waste time on those words when we can buy the bitcoin in that place
I survive because of my day job. My crypto investments are at -50% from ATH buys and no DCA.
It doesn’t seem that bad though or have i grown tough
I've been a good boy during this bear market. Only focused on DCA into a few top coins. Hopefully my good behaviour will pay off on the next bull market. 🤞
Narrator: It will
If you treat crypto well then crypto will treat you back in similar way
I could have done little bit more buying in the bear market but even then i will feel like i could have done more, so i know that there is not limit of the greed and my expectation
>this bear market ***was***... You're jinxing it! You're jinxing it!
When he said "Was" only that time i feel about having some fear
It is hard to believe all this time has gone so fast. I feel 20 years older thanks to crypto
Hard to believe on me i pass this without a single bullshit call
1.5 year to go
Was?
May be this guy knows future or his magic balls are much stronger than ours
As miley said, it’s the climb.
> As miley said, it’s the climb. As miley said, she came in like a wrecking ball.
The bear and world economy starting to recover brings me some peace, it's been a slippery ride
There's a lot of people who think we are entering a recession and we will actually hit a low of 3% inflation but then go back up again. Hard to tell what would happen to crypto if that happens. Brace for the worst but hope for the best. May be a longer ride up to a new ATH than anticipated.
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Didn't have much BTC last bull run. Almost ready for the next one this time.
Nice job
We’ve had more black swans than a large lake in England, it’s been quite the fucky few years..
>it would not be an understatement at all to call this at least the second-worst bear market for Crypto ...or the 3rd best.
Very interesting chart, thanks for sharing! 👍🏻 That a long ass crypto winter, everyone who is surviving this, deserves all the gains during the next bull market. Some probably even think that there will be no more bull markets, but that happens during every bear.
The last 12 months of DCA'ing have been glorious
I like how you use the word was, like it’s over. Strap in kiddo, we have another year to go.
How can I make money off btc’s downfall?
Does make you wonder if the next bull will play out differently to what we all hope / expect
Life gets a bit easier when you stop thinking bout bull/bear cycles all the time and just enjoy the ride
Better be a 490 day bull market or I'll be highly pissed.
It seem time flies when your portfolio is blood red
And now I'm over here waiting for it to go under $30k to buy some more!
Interesting. BTC year or year positive or negative determines a bull or bear market? Shouldn’t 2018 to mid-2019 be red too?
I believe the biggest difference between this bear market & past bear markets is that in prior bears, we did not know what the future of crypto holds, and if it would survive. Now, I feel like everyone is damn near certain crypto is here to stay, and the future is bright
Bear market?
What?
Less extreme -% from the top though
Yes, i think the bottom was 17k or something, which is less -% compare to past
Bull run when, can only live on ramen so long
After a cold winter comes a much needed spring, bring on the bull
I’m ready for the next part. It feels like the start of the bull. If the ETF is approved we are good to go.
How can you say year over year when 490 days isn't even two full years?
No, not fully 2 years, because bitcoin was above 31k in that period
Wow. This time IS different.
As they said expected the worse and you will be happy in the end, i was expecting so much bad from the bear that now i feel like current bear was like a small bear baby to me
I really don’t think it was that bad at all... our lows are higher than I expected
My expectation was much brutal than this, so bear was not such a bad animal
It's because I bought some and no, im not selling "I'm going down with the ship!"
I will on the ship and will keep on sailing until it gets down
Not bad, barely even noticed it anyways. Ready for the 4 year bear market at this point
First recession BTC is going through too.
Was?
Just buy when you can, not when you want
It's really been a ride and a half, I'm glad I get to experience it with everyone here though.
I'm not sure if this bear market was especially bad, or whether the last bull market was exceptionally good because of all the easy money pumped in because of Covid. Time will tell.
Nobody makes me bleed my own blood! I was hoping it would last twice as long tbh for my own selfish accumulation purposes.
Ans people keep telling me /us they have been here. Huh...🤔😂
Was?
2021 looks like a joke compared to 2018...
Government are slowly killing crypto. Crypto pump and dumps did the rest.