We officially entered a BEAR MARKET 🫡
There will be fake pumps, fake breakouts, and a slow, steady race to the bottom 🔻
But believe it or not, it's a great time to hunt for asymmetric bets that pay off big time 💰
Let's talk about
BEAR MARKET MINDSET 🧵
1/ FEAR is widespread
This time, its not only the public but big players got rekt too
Started with the misadventures of $LUNA, passed it over to crypto lending firm @CelsiusNetwork and to the overly leveraged financial firm 3AC
It's like wildfire, spreads effortlessly 🔥
2/ But for YOU, a once in a lifetime window is opening up
Don't be this guy
3/ The thing is, bear markets DON'T last forever and there might be great opportunities just around the corner.
twitter.com/alpha_pls/status/1543341250815860739?s=20&t=uwjYMe5JKS-MoOkeXSkrVw
4/ Let's look at some stats
The beginning of the 2000s was defined by the Dotcom Bubble
The beginning of the 2010s was defined by the Great Recession
Will the anticipated Recession define the 2020s?
Although not certain, we must consider that option
5/ BTW, don't know some of the terms I used above?
It's okay, neither did I at one point
But I did the homework and made sure to keep myself updated and always learning. Its just a Google away...
And it's a must if you want to survive in this age
6/ Our app Sahicoin aims to bring curious learners and knowledgeable crypto experts together.
We let you discover and invest in crypto with people you believe in!
Download our app NOW and get REWARDED with Sahipoints!
linktr.ee/sahicoin
7/ Moving on
If you're reading this, it is likely you haven’t been an investor during a recession before.
The last one happened in 2008
medium.com/mind-cafe/the-great-recession-realization-c5fd59fbb289
8/ We at Sahicoin believe that the adoption of Bitcoin and other digital assets hasn't reached its peak yet
One $BTC could be worth around $150k if it reaches the market size of Gold
That is a 5x to 10x growth potential over the next 5 to 10 years!
9/ Although #BTC has never experienced a recession, it is important to keep in mind that crypto bear markets, like recessions, are not permanent.
Let's take the stock market as an example 👇
10/ Since 1929 there were 5 major drawdowns
- The Great Depression of 1929 was the most severe, dropped by 86% and took 25 years to recover
- The Great Recession of 2008, dropped by 58%, and about 6 years to recover
11/
- The Dotcom Bubble of 2000 and The crash of 1973, both dropped by 60%, and 7 years to recover
- The Covid crash was the fastest to recover. Drop was 35% from the peak but it was all over in 6 months
So that’s one major correction every 13 years over the last 100 years!
12/ And you know what?
The stock market is still incredibly up for the entire time period
It has increased by 200x since 1929!
Not much if you annualize the returns, nonetheless a great tool for wealth preservation
13/ Now coming back to our present state
I believe it is safe to rule out a Great Depression. The global economy would probably not survive something like that.
The world isn’t what it was in 1929.
14/ Being optimistic and willing to take measured risks pays off in the long term.
And since bear markets don’t last forever, now is a great time to put on some ASYMMETRIC bets
Simply put, an asymmetric bet is one in which the upside potential far outweighs the downside risk.
15/ Theres benefits to these type of bets
- Since the upside is massive, you don’t need to play with leverage. That gives you tremendous HODL power 💪
- You don’t need a lot of capital to make big net returns 💰
- Bear markets only improves the asymmetry of those bets 🤩