I was not on this sub during the 2018 bear market but have read comments on the sub about how bad it got. Comments about how the suicide hotline was pinned to the front page and the general belief by many was that crypto was never going to go back up, they had lost tons of money and the best decision was to sell at a loss.
I’m not seeing that this time around, everybody seems pretty sure about the bitcoin cycle and how prices will eventually hit all time highs again. Most if not all people here seem to believe that even though we are 70% down, the prices will rise and that now is a good time to buy. Sure some believe that we can still go lower before we shoot back up, but the general consensus here is bitcoin and crypto in general are here to stay and will continue to grow.
Is this bear market that much different than the last one?