Thread by @officialmudrex

Crypto simplified: Why should you look forward to a bear market?

A thread 🧵

(1/8) Most investors would want the price of their invested assets to go up. All the time!

However, financial markets seldom follow a linear trajectory. The current scenario across the crypto market is a testament to this.

(2/8) A few months back, Bitcoin went past the $68,000 mark, breaking past its previous all-time high. Many people who entered the market in 2021 would have expected BTC to keep going higher and eventually breach the $100,000 mark.

The market, obviously, had other plans.

(3/8) Seasoned investors always attribute bear markets to being creators of generational wealth. We are talking about building long-term wealth here, not mooning!

Wealth generation takes time and patience.

(4/8) Here are a few reasons why one should look forward to a bear market: ​

During the Coronavirus crash in early 2020, ETH was roughly above $200. By September 2021, ETH was trading well over $4000. The use cases of ETH remain the same today as it was in 2020.

(5/8) However, 2020 was a bear market, which separated the tourists from the settlers. During a bull market, everyone is an expert investor. Bear markets show which investors actually have the conviction to stay put.

It is easier to separate the noise during bear markets.

(6/8) Almost everyone is an investing guru handing out advice during a bull run.

Projects emerging during the bear markets are more likely to have a good use case and would likely stay for the long term.

(7/8) In a bull run, every other NFT project and random token would go up in value, and it becomes difficult to evaluate a project for what it is worth.

(8/8) And lastly, the market works in cycles. If you have survived the bear market, you will thrive in any other market cycle.

In the words of P.B. Shelley, “If winter comes, can spring be far behind?”

#TheFlippening