Ready for the bear market?

After a bull market, there will be a bear market. Between stocks and crypto, I’ve experienced three bear markets, dotcom bust from 2000-2002, 2014-2016 bitcoin, and 2018-2020 bitcoin. They suck. All the chatter and momentum stops, yet people keep building. Days get boring. You wonder why you still believe in a company, an industry like the internet, or crypto despite a 85% loss from peak. Then you look back 10-15 years and think it was all obvious. Of course, DJIA is going to be 36,000. Of course, NASDAQ will hit 15,000. 3X the dotcom top. $20,000 bitcoin seems so long ago.

I recommend watching this video and understanding the market cycles of innovation.