Bear Market is a card from BitBlockBoom! 2024, part of Bitcoin Trading Cards, a collector line that borrows its scarcity model straight from crypto. This is card 37 on a 52 card checklist.
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BEAR MARKETS OCCUR WHEN PRICES IN A MARKET DECLINE CONTINUOUSLY, OFTEN ACCOMPANIED BY NEGATIVE INVESTOR SENTIMENT AND DECLINING ECONOMIC PROSPECTS. HERD BEHAVIOR, FEAR, AND A RUSH TO PROTECT DOWNSIDE LOSSES ARE SOME OF THE PSYCHOLOGICAL FACTORS THAT CAN LEAD TO PROLONGED PERIODS OF SUCH DEPRESSED BITCOIN PRICES. IN THE BITCOIN MARKETS A BEAR MARKET IS OFTEN BORING AND SCARY BUT HISTORY HAS SHOWN THIS IS THE BEST TIME TO DOLLAR COST AVERAGE. "A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful." WARREN BUFFET
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