Bear markets test conviction, not potential.
The crowd chases whatβs hot today and ignores whatβs being built for tomorrow. History has a habit of rewarding those who stay focused while everyone else gets distracted.
See you at the next ATH.π΄ββ οΈ
every single KOL and 'respected' crypto person coming out to say crypto is dead, AI is the future and capitulating on the space as a whole...
guess what
it always happens
every bear market we wash out previous holders and believers and cryptocelebbros, some hang around, and we start anew
don't outsource your thinking or conviction to them.
'but this time it's different'
no it's not, FUD seems real in the moment, it's only in hindsight you see that it was obviously not that important
The only real difference is, this bear market has had a significant stocks bullmarket in the background causing FOMO and outrage
crypto will be back, Bitcoin will hit significant new ATHs, a new batch of tokens will dominate, many strong projects will 10x off their bear lows, the space will renew
lower your time preference,
good things come to those who wait
But many retail investors are losing their hard-earned money chasing these unrealistic promises.
π‘ Final Thought: Donβt follow hype.
Donβt trust blind βguarantees.β
Do your own research. Protect your capital.
Your money, your responsibility.π¨
π¨ Reality Check for Crypto Followers π¨
Thereβs an influencer named @BitImmortal who promoted a coin called BLUR around 19 months ago, calling it βthe bestβ and even labeling it as the first of its kind in NFTs. Back then, the price was around $0.2.
Since then?
β οΈ Pattern to notice:
Coins go down 20xβ30x
Then bounce slightly (2x)
Suddenly, Telegram posts βSee, I told you to buyβ
But when asked about losses?
π βI already exited in profit.β
No proof. No transparency. Just claims.
I have no personal issue with any influencer.