We had over one year now to buy at dirt-cheap prices, anyone now complaining for “too high prices“ are completely at their own fault.

Most people on here are actually fully aware of what is the best strategy to have during a bear market, it is clearly to accumulate even more at those low prices to get your average purchase prices down or even to just do nothing. Obviously the former is the best way to profit off a bear market if you still have money left, but the latter is also not too bad if you are already happy with your position and ready to endure all off the pain.

One thing is not okay for a bear market are people that are too indifferent or afraid of buying more, but then those same people are very vocal during an upturn that they desperately need lower prices to buy.

We could also see it with this bear market, many now suddenly want lower prices, while they seem to forget that BTC was sub $20k for literally months. A price you would be ready to kill for in the past bull market.

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MVRV-Z score showing how BTC was at deep value zone during the bear market, for about one whole year

Here we also have a famous on-chain indicator, the MVR Z-Score, showing the value the current BTC price is at. During bear markets BTC usually hits the lower band, which means that we are in the zone of deep value and we stayed there for about a year now after finally leaving it early this year. So there was more than enough time to buy at those low prices.