FUD Or Facts: Surviving The Bear

FUD. FUD. FUD.

Everywhere we look these days with cryptocurrency, we see it. Nothing but bad news. Terra Luna. Regulation. Warnings from fill in the blank politician or banker.

No matter where we turn, things are looking awful. If we believed what we came across, we might actually think cryptocurrency is dying. In fact, a case could be made that is what "they" want everyone to think.

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What are the facts?

Is what is being promoted accurate? Certainly, there are areas for concern. This much we know to be true. The threat of regulation is starting to become a reality. We can clearly see there are many who seek to keep the system as is. Those who are profiting are ensuring their money train stays in place.

At least that is their goal. Whether they accomplish it or not is up to us.

There are many layers to cryptocurrency. Market sentiment has nothing to do with what ends up being accomplished. However, the simple reality is people buy into it and take what is said as gospel.

Looking Beyond Price

We are remaking, among other things, the entire financial system. This is a big deal and many are flocking to what is being created here. Of course, that is not evident if we focus upon what the FUDsters are selling.

The choice is always where do we concentrate our attention? For many, price is all that matters. Hence, when things turn south, there goes their entire emotional state. Of course, this is not where success is found.

For those old enough to remember the DotCom bubble, we had a similar situation to today. There was a revolutionary move underfoot. The Internet was being designed before our eyes, something most of us missed. People had an inkling there were big things ahead. The market bought into this, until it didn't.

The bursting of the bubble took the economy out with it. We also saw people turned off by it. However, did the advancement of the Internet stop? Weren't there companies like Google, Priceline, and Amazon that kept charging forward. Yes, it is true that WebVan ended upon failing to fulfill its promises. Nevertheless, the technology along with number of users advanced.

This is exactly what we are seeing with what is taking place now.

In spite of the market, development is still occurring. Projects keep popping up with great promise. Will all of them succeed? Of course not. However, there are going to be some applications that become very popular in a few years.

Each month we see the number of users growing. While it is impossible to get accurate stats, we know the traffic is expanding. In spite of the FUD, more people are being exposed to cryptocurrency. This comes from the fact that it is getting harder to avoid.

Pay Close Attention To What Is Really Taking Place

The true operators are not doing so in front of the world. Instead, they carry forward, implementing their plans.

For example, we learned that Andreeson-Horowitz are in the process of raising $4.5 billion for a crypto fund. Why are they doing this while things are going so poorly in the markets? They understand the best time to build is during the bear.

Then we have the news that more than 85% of merchants surveyed expect to implement cryptocurrency within 24 months.

Here are a few other:

Imagine if just one of these stories hit 5 years ago. The crypto world would have been afire. Names like MoneyGram and MasterCard entering the cryptocurrency sector. That would have been plastered all over the cryptocurrency media sites.

Now it is worthy of a single article or two.

The point being is that we are seeing moves that can have an enormous impact down the road. These are all going to end up leveraging against each other, resulting in exponential growth.

Alas, many simply are going to look at the markets for validation.

Control Your Focus

We should not enter everything with a blind eye. There certainly are pitfalls regarding what is taking place within this industry.

However, not all is bad. In fact, we are seeing an explosive situation being developed that is going to benefit all of humanity. Unfortunately, it is not an overnight process.

If we focus upon what the FUDsters say, the motivation to drive forward is not going to be there. Bear markets are tough. However, they can also result in the greatest successes.

Over time, growth occurs in spite of the short-term swings. This is something we can clearly see when we step back.

For now, a narrow focus can be fatal. It will lead someone to conclude that this is a sinking ship. The reality is that, each week, the industry gets stronger and larger. Naturally, the FUD does not lead to this conclusion.

Bear markets and business cycles are different things. They will often coincide but not always. Once we separate the two, we can see how much things are changing. There are developers, entrepreneurs, and business teams that are regularly focusing upon building.

In the end, this is all that matters. Markets will do what they do. This is a fact that is repeated throughout history. That said, it is also evident that, in spite of that, builders keep forging ahead.

The result is that, on the other side, advancement occurred.

This is the mindset to hold during the bear. In a year or two, the industry will be even larger (and stronger) than today regardless of what the market does.


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They literally have attempted my murder and are trying to kill me with V2K and RNM. Five years this has been happening to me, it started here, around people that are still here. Homeland security has done nothing at all, they are not here to protect us. Dont we pay them to stop shit like this? The NSA, CIA, FBI, Police and our Government has done nothing. Just like they did with the Havana Syndrome, nothing. Patriot Act my ass. The American government is completely incompetent. The NSA should be taken over by the military and contained Immediately for investigation. I bet we can get to the sources of V2K and RNM then. https://ecency.com/fyrstikken/@fairandbalanced/i-am-the-only-motherfucker-on-the-internet-pointing-to-a-direct-source-for-voice-to-skull-electronic-terrorism ..... https://ecency.com/gangstalking/@acousticpulses/electronic-terrorism-and-gaslighting--if-you-downvote-this-post-you-are-part-of-the-problem if you run into one of them you may want to immediately shoot them in the face. 187, annihilate, asphyxiate, assassinate, behead, bleed, bludgeon, boil, bomb, bone, burn, bury, butcher, cap, casket, choke, chop, club, crucify, crush, curb, decapitate, decimate, deflesh, demolish, destroy, devein, disembowel, dismember, drown, electrocute, eliminate, end, euthanize, eviscerate, execute, explode, exterminate, extinguish, finish, fry, grind, guillotine, gut, hack, hang, hit, ice, implode, incinerate, kill, liquidate, lynch, massacre, maul, microwave, mutilate, neutralize, obliterate, off, pop, poison, punnish, quarter, ruin, shank, shock, shoot, shred, skin, slay, slaughter, smoke, smother, snipe, snuff, squish, stab, strangle, stone, suffocate, suicide, SWAT, swing, terminate, torture, terrorize, whack, waste, wreck. You better fucking kill me.

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Bears are no doubt tough for some but some do find it an opportunity to fill their bags.

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No doubt bear season can be tough especially on those surviving on it but filling those bags when possible is no brainer.

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Long term that is the proper outlook. The outlook and reality can be different though. Very difficult to keep hitting the buy button when prices are dropping.

This is why those that can will end up doing very well.

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Best is to just tune them out and stick to the plan.

Emotions often wreck financial decisions.

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I think some traders on places like Binance and Bitfinex are having fun shorting everything, and they're making nice profits because useful idiots help them by panic selling.

People need to hold their nerve. As you say, crypto is only at the start of it's journey.

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There is no doubt market swings like we have is of benefit to traders. Of course, we also have to keep in mind that traders are not the rule. Very few can profitably operate in that realm.

For that reason, I think it best to just look long term and keep building the project I believe in. Others might feel differently but that is my plan.

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So true on the fact that we shouldn’t look at crypto prices and more towards the technology shift and big investments in the space. All in all crypto bear market don’t mean it’s all bad. As a small fish I will slowly stack and stake crypto.

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Price is needed for buying and selling.

Value is often not reflected in the price.

For this reason, I agree, look to the projects that are reflective of the technology and see where it takes you. This is something that could be profitable long term. The swings in market conditions are just noise compared to that.

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This sell off and sell off in the stock market seems way overkill compared to what is actully going on. There's legitimate projects struggling a bit now but it might weed out the fast cash grabs which could be a positive for the market on the next rally. Curious how much longer this will last I think winter we will be in for some big number gains again.

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Actually the stock market could have legitimate reasons. If you are a believer in P/E ratios, then the market is overheated, by a long shot. However, there are legitimate, in my opinion, economic headwinds which could make life tough for many companies.

Crypto is going to follow that trend but we can see a lot of reason for optimism on many levels with it.

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This bear market looks like it would be much longer and more destructive than previous bear markets. After all this is the first crypto bear market to coincide with high inflations and recession, something that most people haven't experienced in living memory. Most people will have truly hard time adjusting to the new realities.

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You know you don't have to be the smartest person to see crypto/blockchain is not just a seasonal hype that will fade away some day.

If the likes of Mastercard, MoneyGram are getting onboard, it is not because they are happy doing so, it is because they stand losing big time for not implementing crypto into their business. That should make one contemplate over the direction cryptocurrency is heading.

Yes it can be regulated but, try stopping it.

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There is no stopping it at this point. We are now to the place where the tipping point was passed. If it is true and there are more than 30 million adults holding crypto in the US, that is like 1/11th, the total population (like 1/9th the adults).

That is going to really carry forward because those are likely not the ones working low end jobs.

And wait to blockchain gaming starts to take off.

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Every aspect of civilization is apparently experiencing an increase in FUD at the moment... please stand by while the cryptosphere keeps chugging along much like it has since it first got going!

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That is true. If we step back even further, away from crypto, we see what you describe.

Things will not be as bad as they profess.

That said, it might not be a cake walk either.

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Agreed. I also think we are in for a rough ride but yeah nothing as extreme as what many fear.

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he doom and gloom is always worse than the reality. Plus, in this situation, since many are predicting some serious economic headwinds, people have the opportunity to prepare.

This is a radical difference than being "surprised". So building our crypto stake can help us long term, even if it doesnt in the short run.

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I find that if you see the difference amongst the general opinion about crypto now comared to the previous cycle, there is no doubt in my mind that the majority of tokens will gain traction again when the time is right. And when the time is right might not be short term, but that makes it a lot easier mentally to cope with the losses (are they even losses is they are made from blogging and not from investing?) that I made with stepping back in too early

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I am not sure the majority will gain traction because there are a lot of crap projects out there. That said, the ones with actually utility will realize what a difference things will be the next cycle.

Each one makes the industry a bit more legitimate.

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Spot on! Remain focused, and committed to your conviction, and keep building according to your own unique approach and strategy. You need conviction and many lack this, hence the falling away during bearish seasons...

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Conviction is what separates those who succeed from those who do not. Hindsight is always 20/20. The ones who get ahead see what others do not. It does involve a bit of faith and belief.

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We have seen the recession in 2008 then we have seen the slowdown in the middle and the spike till 2020 and now we are seeing the recession, war and what not. I am just unsure what the next year is going to be. What needs to be done now to improve our strategy on crypto investment. Do you think we need to change things or have to adopt different strategies?

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The established system is not going to crash and disappear. So it is a matter of understanding the business cycle and riding that. It does appear, overall, we are heading down. That said there will be a bottom to it and things will reverse course at some point.

Crypto is operating within that framework but is a disruptor. So we have to keep that in mind. It is not as powerful as the other influences due to size. Yet, compared to where we were in 2017, the industry advanced a great deal.

We need to keep growing utility.

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The best anecdote is just ignore the hype and keep building. The early days of the Internet analogy is superb. In those days, people where calling the Internet all sort of names, a passing fad etc. It didn't border the visionaries, they just kept building and fast forward to now, this visionaries are now the Internet giants. The same thing is happening again but with a different technology. Don't be the person who 5 to 10 years from now will be looking back having regrets of not capitalizing on this crucial opportunity. The opportunity to be an early bird in the next big thing!

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Many will say they wish they could have gotten in early into Google or Amazon. The problem is would they have held?

Many say the same about Bitcoin. Again, would they have weathered the down times?

And what about todays "Amazons" and "Bitcoins"? There are ones that will have 1,000X over the next decade. Will people HODL and grow their stake?

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And what about todays "Amazons" and "Bitcoins"? There are ones that will have 1,000X over the next decade. Will people HODL and grow their stake?

Yes, I'll not leave Hive soon. 😁

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I agree that people should not be so focused on the price. We should be picking good projects that will survive the bear market and flourish during the bull markets. This is where the development and use cases come in.

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Great advice.

If you have a narrow focus, you might see a sinking ship where there is lots of smooth sailing.

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Certainly there will be ups and downs in any endeavor. Crypto critics are also aware of the bull run periods .! So I wonder why there’s always a fuss about crypto being a risky investment when the the bear season comes to play. Of course it isn’t easy for crypto investors during this blood bath season especially for hodlers . The temptation to sell off their holdings must really be a thing , but it is what we are here for , to reap the eventual big rewards!

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Depends upon the source. I would say the rhetoric out of the banks and politicians is fairly consistent.

The only difference is they are validated during the bear markets.

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The only difference is they are validated during the bear markets. — you can say that again .

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I try not to pay too much attention to the USD value of the cryptocurrency I have. I believe cryptocurrency will hit mainstream eventually so for now I just keep collecting what I can.

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The value of cryptocurrency relative to other currencies, fiat or otherwise, do not tell much of the story.

Ultimately it will come down to creating economic value.

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Yes but most stories about crypto these days are true and not fud. i hear next celsius on the way out. i also think it's dishonest to hear most of you saying you don't care about price. i think that's a complete farce and lie lol. data suggest hive posting and activity goes down when prices go down. so clearly you all do care about price and i'm not hearing much fud these days i'm hearing alot of facts

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"Fear, Uncertainty and Doubt" doesn't mean it's not fact.

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bear markets are a great way to grow wealth. The only problem is timing the market. Bear markets can last years and even decades. Are we in a yearly bear trend? Or a decade? Keeping some powder on the side

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From the perspective of the markets everything is carnage, but if you tune out the market talk, it really is business as usual. The builders are still building. Just have to stay focused and not get discouraged, really.

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If people are just concentrating on the price then they are here for the wrong reasons, will probably not stay to grow and build SOS (Shiny Object Syndrome) is probably an issue in their lives.

Great post bro on point

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I do not believe crypto is dying. I think it will come back stronger than before. It is going to take time but it will be back. Thanks for sharing.

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Great post, @taskmaster4450le. Markets are always cyclic and people need to suck it up for a bit. Buy, if you can otherwise HODL what you already have.

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Lot's of FUD is a great indicator of the accumulation stage. Stake and earn... low cost of entry. All good things. I for one am happy that thingd didn't keep going up... I didn't have enough tokens yet!

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