Bear markets are for buying, bull markets are for selling! Bear markets also build character and resilience, embrace them.  The market will do what the market does. Prepare accordingly and do your research.

Duo Nine shared: Are you in? Let’s go. Bear markets are great opportunities to scoop coins at a significant discount. The right picks can change lives. Don’t fall into FUD! Start planning!

This is my third bear market. Here is what I learned so far. Bitcoin first. Bitcoin bottoms after 85% drop from ATH, ETH at 95%. Will we see similar drops now? Possibly, but maybe not. Below are the Bitcoin levels to watch as we drop.

Bitcoin First when Market Falls

30k dollars for BTC is almost certain. If that breaks (likely), then 20k dollars are in play. To me, 20k dollars is the most likely level where we will bottom after a 70% crash. Why? Previous ATH and strong support levels. Moreover, institutions are here now, so an 85% drop is less likely.

If you think BTC is not in a bear market, look at monthly MACD (pictured). I will scale into BTC as we move under 30k dollars. WHY? Bitcoin can reach over 1 mil dollars by 2030. Of course, I am buying.

Whether to Buy Ethereum

Now Ethereum and Altcoins.  I am not interested in ETH until it falls under 1k dollars. After that, I scale in. I’d be surprised if it stops at 1.4k dollars (70% crash). ETH will easily go into 80% if BTC drops to 20k dollars.

Other Altcoins – ADA LUNA SOL

What about my shiny Altcoins? Expect a drop between 80-95%. That is when you buy.  Think ADA at 30 cents, Luna under 10 dollars, SOL at 20 dollars. Do the math, see what makes sense. Don’t spend big early and don’t fall for the FOMO relief rallies.

I will also get some high-risk/high-reward plays, depending on what is hyped as we move into 2022. Now start building your plan. What will you buy, when, and start saving powder, particularly if BTC falls under 30k dollars? It will feel like X-mas, but better.

Good to also consider this picture for BTC, but there are a few concerns:

1. Stock market crash incoming…
2. War in Ukraine…

If those materialize in 2022, I can’t see how #BTC correction stops at 57%…

You are Still Early for Crypto Adoption

Don’t focus so much on the bear market, but what it can offer you in the next cycle. Crypto adoption today is like the Internet in 1997. YOU ARE STILL EARLY! Don’t get side-tracked and ignore those joking about crypto.  “Look it’s crashing, told you it’s a Ponzi”.

If you play this smart, it can change your life. Focus on that. WORK HARDER, MORE and KEEP BUILDING. Find gems and HODL them as 1,000 dollars invested in 2022 can be life-changing later.