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nulltxmark
Oct 14, 2018 7:15 AM

5 Stages of a Bear Market 

Bitcoin / DollarBitfinex

Description

This has been an extremely painful bear market. Let's go over the 5 stages of a bear market:

1. Denial - You deny the idea that the bull run is over and keep HODLing.

2. Anger - You are angry at fellow traders for selling and at the price for dropping. You may rage quit and sell everything, not realizing you are selling at a low point.

3. Bargaining - You see a rise in price and FOMO kicks in. You may end up loading up on more bags, not realizing you are buying at a high point.

4. Depression - After seeing your investment drop close to 90% you can't help but feel depressed

5. Acceptance - You accept your losses, you accept the sideways market, and you realize the good old days are over... for now.
Comments
asgcorp
yaaawn. you are boring.
MrRenev
So after 3 years of bull market and stages that lasted 6 months to a year, we now get a bear market with stages that last 5 days? Makes perfect sense.
cryptozwerg
@MrRenev, the cycle length is 66 weeks now
UnknownUnicorn2774089
WE HAVE BREAKOUT..TO THE MOON
weslad
Perfect BTC analysis

kardia
I'm not selling. There are many more like me. Patience is key to success.
ross.revenge
And the next stages?
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