Neo · Ten years of experience summed up; The market cycle & NEO Conventional wisdom says a bear market unravels 2.5 faster than a bull market, and this is understandable for many reasons. Profit taking is not the same as building a position. But, truly, this information is based on the stock market, the Cryptocurrency market is new so this wisdom can hardly apply and we see here why.
The inverse is true. The previous bull market lasted over a year while the bear market is a really long one, but it depends how you look at it.
If the bear market is taken to end in May 2022 or December 2022, then both the bear and bull markets of the past are of equal length. If we take the entire period after 2021 to be a bear market, then we have a prolonged one, but this would be a faulty conclusion.
December 2022 through December 2024 was a bullish period, higher highs and higher lows, regardless if total growth was below our expectations. Our expectations are no mandate for the market, the market does what it wants.
I was of the belief that certain patterns must be followed, that certain things must happen based on certain assumptions and beliefs. As it happens with most of everyone, time and experience proved all of my assumptions wrong. What does put pressure on the market are the times, the present moment; what is happening in your surroundings, with us, the world, politics and such, the human mind.
If we are going through a good period, it will be reflected on the market regardless of the past. If we are going through a bad period, as humans, a collective, as a civilization, as a unit or group, then it will be reflected on the market. There are big and small permutations of these variables.
Sometimes the dynamics of the Cryptocurrency market, our own small group, will become immune to the rest of the world and express its own tendencies. At other times, the world events will be highly consequential to everything we say, think, belief and do in relation to the price, state and health of the projects we buy, hold, exchange and trade.
What I am trying to say is that nothing is set in stone, everything is open to change at all times and there is nothing certain. This is my conclusion after more than a decade reading, tracking, following and reviewing these things.
My belief might say that the market must go down because I saw it going down in the past, yet the market goes up. And I agree with the latter part.
Many people think and understand that the Cryptocurrency market must go through some deep pain, even more; why? Because they saw it happen before.
You know what? I've seen the market grow. So my belief is that it must grow because I've seen it before... Just kidding... Everything I share is not based on experience but rather based on the charts.
NEOUSDT is going up.
Namaste.
Long
