You zoomers don't even know how long this winter will end up being.

[Anonymous No.52473772]

I will be speaking from experience here, pointing to a market that was in a long lasting bear. The commodities markets in the 1990's, specifically silver.

The issue is, after a market has been in a bear market for a while, it starts to change the personality of the people who are trading in it. They stop having any faith that it can ever "recover", or go up, and the whole psychology of the market morphs into a market bear, where everyone becomes increasingly convinced that "it's different this time", but in the negative direction. They become convinced that the market can never recover.

Just like in a bull you buy the dips, in a bear people take any rally as an opportunity to sell the rallies. Just like dip slurpers are afraid they'll miss the dip and get in too late and miss the bottom, and miss out on gains, bear market sellers fear that the market will start to fall again before they can get out of it, before they can lock in a profit, and that they will miss out on the fall in the market.

Weeks turn into months, months into years, and every time the market falls, people think it may be a bottom, only to be disappointed later (or excited if they are short) when it puts in another new low.

People sometimes wonder aloud how it is that so many people missed out on silver at $5/oz, even down to $4/oz at times, and $300/oz gold, how is it that everyone could walk past such low prices ? Well, at that time, silver had been down for over a decade, and it just kept falling. It got to the point that there were stories about how nobody needed silver anymore, that it was just a "mineral", that its industrial uses in photography would never recover, that it would never again be a currency, that there was excess capacity, just one story after another, after another, reinforcing in people's minds that it could NEVER recover, that nobody would ever want it again, that a generation of people had grown up not knowing anything about it, etc.

[Anonymous No.52473795]

>>52473772
Every bull in the silver market had been wiped out, or had been holding dead metal for a decade or more waiting for some kind of recovery, some kind of hope, that it would recover. But it just didn't. And those people lost faith, lost hope, that it ever would. You have to realize that just because something loses 50% of its value doesn't mean it can't lose 50% again. And again. And again. If something falls from $20 to $10 and you get into it at $10, it can lose 10% to $9. If you get in at $9, it can lose 10% from there. And 10% from there. And 10% from there. There is no limits to the amount of 10% losses someone can suffer from whatever the price is today. And people kept losing their asses, everyone who got into that market kept losing money.

You don't know what a bear market is like until you've lived through one. It isn't something where you are waiting for what you predict the bottom is so you can get in. It's where someone gets in at what they think the bottom is, and then loses even more money. Over and over. It's where the market doesn't recover, where you just keep getting dragged along, where hope turns to frustration, and frustration turns to apathy, and where apathy eventually turns into just a complete lack of interest, where nobody even cares about the market anymore, where talk of buying whatever the market trades is met with derision and laughter, and scorn. Where people think anyone who is trading that market is a fool, and the market keeps proving them right, over and over and over.

[Anonymous No.52473818]

>>52473795
When we finally do have a real bear market in stocks, and we will at some point, ... at first people are going to rush in for bargains, they are going to buy the dips like they always have. And later, others are going to buy in, and they are going to lose money. And people are going to keep losing money and more and more people walk away from the market to try to save what's left of their retirements. And then they'll lose more money. And more money. Until everyone is convinced that the market can never recover. Only then will it turn around, and even that turn might take years before people start making gains again. Time enough for young people to become middle aged, and for the middle aged to be in nursing homes.

People think it can't happen because for the past few decades it hasn't ... but it CAN happen. And it will happen eventually, bear markets are not gone, and some day everyone will get to learn the old lessons about markets all over again, the hard way.

[Anonymous No.52473835]

>>52473772
>>52473795
Cool story bro but Bitcoin's halvening cycles necessarily disrupt any psychologies about bear/bull

[Anonymous No.52473884]

>>52473772
>>52473795
>>52473818
you talk to much

[Anonymous No.52473946]

Bet

[Anonymous No.52474005]

Long term you're right. Short term, we have to run up and grab some stop losses/liquidations from late bobos, probably in the $18k-19k range before another plunge down.

[Anonymous No.52474078]

>>52473772

[Anonymous No.52474086]

>>52473772
you really expect a zoomer to read all that text with their attention span

[Anonymous No.52474155]

>>52474086
not my problem

[Anonymous No.52474208]

>>52473835
extreme cope
those halvings happened in a macro environment that was favorable for investing in risk assets
what's the situation like now? why are bulltards like this. zoom out for once just once in your life

[Anonymous No.52474252]

How many oz of silver should I have to survive the reset bobo, and at what price to buy them?

[Anonymous No.52474309]

>>52473835
less impact each halvening. yes emission cut is 50% each time, but each time it is less in absolute terms (ex. 50% of total supply first halvening, 4% now) etc.

[Anonymous No.52474345]

>>52474252
you're missing the point, amphibian. It's not the asset you should be looking at, it's about how to position yourself during these trying times

[Anonymous No.52475848]

>>52473772
>>52473795
>>52473818
Silver and crypto are not the same. One has inherent utility and the other is just pretty rocks

[Anonymous No.52475884]

>>52475848
Good morning sirs

[Anonymous No.52475952]

>>52473818
>invests in revenue sharing dexes and makes money both ways
problem solved

[Anonymous No.52476041]

>>52473795
>You have to realize that just because something loses 50% of its value doesn't mean it can't lose 50% again. And again. And again. If something falls from $20 to $10 and you get into it at $10, it can lose 10% to $9. If you get in at $9, it can lose 10% from there. And 10% from there. And 10% from there.
Thanks anon, fucking fantastic stuff. I've been studying the last Bear, and your insights into mindset is awesome. Much appreciated.

Sincerely hope /biz/ niggas take heed.

[Anonymous No.52476064]

>>52475848
Mindset is the same. All niggas want to get paid, albeit on different timeframes.

[Anonymous No.52476168]

>>52473772
>>52473795
>>52473818
Great insights, for once a thread that doesn't look like a permabobo's wet dream.
>>52475848
Thanks for this heartfelt laugh. /biz/ can be incredible sometimes.

[Sage No.52476347]

>>52473772
Can anyone give me the QRD on whatever this sperm burper was talking about?

[Anonymous No.52476421]

>>52473772
Nice blog faggot

[Anonymous No.52478592]

>>52473795
Amazing post

[Anonymous No.52478892]

>>52473772
>>52473795
>>52473818
Based bobro, I will not let them forget!

[Anonymous No.52479054]

>>52473818
>Time enough for young people to become middle aged, and for the middle aged to be in nursing homes.
lmao nobody will be able to afford nursing homes

[Anonymous No.52479154]

>>52473772
>>52473795
>>52473818
Not reading your faggot blog post. Get help you fucking loser.
t. Bear

[Anonymous No.52479175]

>>52473772
>>52473795
>>52473818
You know we are close to the bottom with faggots spreading unnecessary fear with so much fervor. Drops like this are nothing new retard

[Anonymous No.52479209]

didn't read

[Anonymous No.52480483]

>>52473772
That was all during the tech boom of the 90s, bonds had 5% interest rates the dollar was stable, the deficit was declining and world peace was just nearby.

Non of that holds anymore

[Anonymous No.52480690]

>>52473818
Your mistake is assuming that I'm doing this for myself...

[Anonymous No.52480747]

>>52473772
>>52473795
>>52473818

Your post has a fatal flaw
It's too long, zoomers can't read

[Anonymous No.52481762]

>>52473772
insightful

[Anonymous No.52481857]

I hope your right bobo, I just landed a union job making $45 an hour and would love to acoomulate.
Made a bunch off SHIB then GNS starting from nothing. would love to combine cheapie prices with hefty disposable income and just slurp for 5 years

[Anonymous No.52483155]

>>52479154
he's doing people a favor, calm your tits

[Anonymous No.52483177]

Tldr you'll be old and dead and I'll be dabbing on your burnt Bitcoin

[Anonymous No.52483223]

>>52473795

>It's where someone gets in at what they think the bottom is, and then loses even more money. Over and over
>pic rel

[Anonymous No.52483368]

>>52473818
Another example of an even worse bear market in the Japanese stock market.

Even with its good performance lately, the Nikkei 225 index is still down 28% from its all-time high from September 1989. The bearish sentiment did last almost 25 years before the confidence came back in the last decade. And it’s still not enough if you went all-in at the top.

[Anonymous No.52483384]

>everyone becomes increasingly convinced that "it's different this time", but in the negative direction. They become convinced that the market can never recover.
good.

[Anonymous No.52483837]

>>52473818
Only those already without a bear market strategy will really get burnt.
I already got a job and I'm staking my stabelcoins on SpoolFi until we get over with the bear market.

[Anonymous No.52484349]

>>52483368
The crypto winter can't last for that long.

[Anonymous No.52484367]

>>52473772
>>52473795
>>52473818
Too long to read

[Anonymous No.52484374]

>>52484349
Indeed. Once people see that money making is impossible miners will just stop mining and Blockchain will die as a technology. Humanity had one chance to implement something that could've legitimately created a new paradigm but it had to be exploited by greedy kikes as usual. Let it burn die and rot

[Anonymous No.52484411]

Imagine starting a world war over Shiba Inu

[Anonymous No.52484421]

>>52483837
You got a Job! kek
I like your idea of staking stablecoin on a DeFi middleware, and I think its the only thing with less risk in the crypto space right now.

[Anonymous No.52484454]

>>52473772
>>52473795
>>52473818
didn't read but bobobros are always based

[Anonymous No.52484491]

>>52483837
>I'm staking my stabelcoins on SpoolFi until we get over with the bear market.
lmao what could go wrong?

[Anonymous No.52484506]

>>52479175
Remember you saying this Last November. And last Decemebr. Then you said that in January, February, March, April, June, July, August, September, October, and now. Let me guess, by Christmas we hit the bottom? You bullcucks are a broken clock but somehow always wrong. Keep calling them bottoms, it's fun to hear. Kek.