Getting Through Crypto Winter

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mr_viperMember
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#1Sep 26, 2023, 01:29 PM
So, I just wrote about how people often underestimate crypto fraud. Then someone brought up this term "crypto winter" which I had no clue about, so I decided to look it up. If you're in the same boat I was just a few hours back... Crypto Winter refers to a long stretch where: Prices take a big hit Trading activity drops Investors lose their excitement Media buzz disappears Weak projects fail It's kinda like a bear market for crypto, but it goes deeper and lasts longer. In the past, we’ve seen crypto winters come after massive hype cycles: After the boom in 2017 Following the bullish run in 2021 During those times, even heavyweights like Bitcoin saw their value plummet by 60-80% or more. Surviving Crypto Winter Here’s how savvy investors handle the tough times. When prices dive and excitement fades, most people freak out. But the smart ones get ready, making sure to protect their capital first. Winter is all about survival, not chasing quick profits. So you gotta keep your liquidity safe and steer clear of making emotional trades. Watch out for those flashy “recovery” projects. Usually, they come with a lot of glitz but not much substance. During market downturns, scams pop up more than ever. If it sounds too good to be true, it probably is. Focus on the basics solid networks, real-world applications, and active development. It's worth mentioning that even in previous winters, projects like Bitcoin kept building and evolving. Make sure your security is tight: think cold wallets and 2FA. Winter is when phishing attacks tend to spike. At the end of the day, think long-term! That’s what really matters! Crypto winter doesn’t wipe out the industry; it actually helps it grow stronger. So, are you gonna be reactive or prepared?
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chad100Senior Member
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#2Sep 26, 2023, 04:12 PM
If you’re admitting you didn’t even know what a 'crypto winter' was until a few hours ago, how are you in a position to give advice on the subject? You suggest using non-custodial and cold wallets as protection against fraud, but in 2025 alone, over 188,000 such wallets were compromised. Furthermore, the Ledger data breach has left their cold wallet users vulnerable to targeted phishing attacks. There’s also the grim reality of physical violence. Since last year, self-custody holders have increasingly become targets of armed robberies, kidnappings, and assaults on their families. Keeping your funds on a centralized service makes your balance much harder to track. In my business, Cryptomus, we provide a fresh wallet address for every single client transaction. The crypto hits the account only after being mixed in a gateway pool, making it virtually untraceable. I handle all my withdrawals through a built-in P2P exchange or simply spend stablecoins directly via a bank card. As for the 'winter'—you’ve realized it’s a cycle. Your assets will lose 80% of their value every four years. My advice? 'Prepare your sleigh in the summer.' If you plan to HODL, find projects with high staking yields. Over a four-year period, the interest creates an investment buffer that allows you to weather any winter drawdown with zero net losses
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#3Sep 26, 2023, 07:52 PM
With many winters already behind should people just see it as a time to stock up? In summer get all the dollars,,, in winter store it in BTC? Why make it a sad season to survive? Summer is when you are tempted to let go,,, and you do not know where the top is, then it is about surviving FOMO to not buy shitcoins etc
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mr_viperMember
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#4Sep 27, 2023, 12:02 AM
There is never a deadline to learning, and getting to show people that you are open to learning(by sharing what you learnt) doesn't you are imposing your opion on them. The good news is, you weighed in on what knowledge you have and even pointed us to your business "Cryptomus". Don't feel good about? I bet there are people in the space who are blind to stuff, they just follow the paying coin at a time. But in sharing certain information others get to teach those willing to grow, and it becomes a win for us all.
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bit_2016Senior Member
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#5Sep 27, 2023, 04:51 AM
Being reactive while doing nothing is going to give you no benefit at all as we deal with the crypto winter. But if you're already have some holdings and well-positioned. I don't think that there's a need for you to be so reactive because you know that this is about the cycles that we'll have to deal with. It's not that bad to add some more and prepare for it when it comes. I mean that preparation is also about taking advantage of it because you're unlikely to sell when that winter comes.
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mr_viperMember
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#6Sep 27, 2023, 10:43 AM
Yes, Crypto winter is a buying season I'd like to say. It is the same in every business, there are down times and yet there's the boom season. Every strong user in the space will not overly react, like you mentioned.
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bit_2016Senior Member
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#7Sep 27, 2023, 03:58 PM
That's true. We do the right thing when the winter has come, it's the time for preparation for what's about to come. We stock, we prepare and we wait. It's all about how you'll see this season as part of your long term plan. Others are doing things for their own benefit when this is done. But others see it as a bad thing in the market because of their disappointment.
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chad100Senior Member
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#8Sep 29, 2023, 10:40 AM
The truth is, nobody actually learns anything. Here is a simple example: back in 2022, I laid out the rationale for the Bitcoin bottom based on the production cost theory (the minimum price to mine BTC). And guess what? When it hit $16K, everyone was screaming at me that it would dump even further. I bought at that level and closed my position at $100K. I justified the exit by saying Trump would eventually be the downfall of crypto. Again, everyone shouted that Trump would pump BTC to $300K. Now, I’m writing that we need to wait for a price below $60K, where the mining cost floor sits. Do I even need to tell you what kind of responses I’m getting this time? There are too many 'geniuses' in this market and no one left to actually learn. I’m sure you already know exactly how to get rich on Bitcoin and have nothing left to learn either. )))
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#9Sep 29, 2023, 07:59 PM
Wow, that's an impressive trade! We technically already hit $60,000, so do you expect it to revisit or have we passed the bottom and are on our way up?
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0x0rb1tSenior Member
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#10Sep 29, 2023, 11:21 PM
Yes, the current moment of crypto market is the most suitable one for accumulating more coins in your wallet, as you can acquire them for a cheaper price compared to a bullish season. While there are some investors panicking and getting rid of all their holdings, there are others understanding this as an opportunity of long term gains. They aren't interested in altcoins projects, rather they know the gold in this industry is Bitcoin, so they go for it. For newbies, it's a sad season, but for experienced investors it's a season like any other, as they have already learned how to live during these days.
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mr_viperMember
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#11Sep 30, 2023, 05:10 AM
Of all that is said, its the section that reads, "some investors are getting rid of their holdings". They will likely be new investors, and for new investors its still scary. Navigating these seasons can be a tough choice, because one is not sure of what comes next. You know how this market jumps around, with the powers that influence it?
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#12Sep 30, 2023, 06:04 AM
Yes! And do not forget, institutionals are so hyped up these days, ETF people and whoever the what not,,, but they are considered NEW investors, especially remember that most jumped on in 2021 and some even missed that ATH so this is the first proper falldown from ATH they have experienced. Big boys can still act like newbies especially when all their panicking shareholders call them 24/7.
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mr_viperMember
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#13Sep 30, 2023, 11:10 AM
Awesome, Alpen how you do that, you must have the market wrapped your fingers after a long and hard study? The drop this time is an intersting watch though, sometimes I get really scared, I don't even know why. Jeez!
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#14Sep 30, 2023, 11:56 AM
Nice breakdown, especially for people who are new to the term 👍 One thing I’d add is that crypto winter is also where you really see who’s actually building vs who was just riding hype. A lot of projects disappear quietly, while the serious ones keep shipping updates. The “protect capital first” point is underrated. Many people try to chase rebounds and end up losing more instead of just waiting it out. For anyone curious about past cycles, this gives a decent overview: https://www.coindesk.com/learn/what-is-a-crypto-winter/ Winter is uncomfortable, but it’s also where long-term positions are usually made.
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chad100Senior Member
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#15Sep 30, 2023, 05:20 PM
My theory was that Bitcoin's price should drop below $60K. But now I'm inclined to think I missed my trade and the price won't go below the mining cost floor again. That said, I can't enter the market right now because I only had one trading plan with no backup. Bitcoin's reaction to the war is interesting. Its resilience against the Fed's negative signals and high US inflation figures seems to suggest that the market bottom is already in
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chad100Senior Member
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#16Sep 30, 2023, 08:27 PM
Looks like I missed the trade this time and the market started moving up without me. Time to put together a new trading plan
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viper_blockSenior Member
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#17Sep 30, 2023, 08:50 PM
Nice theory and I agree with that. The newest ATH achieved, so the price have a chance to go down for half price which could be $60,000 or below that. IF we already predict the price can turn down below $60,000, we should be ready with the coming by preparing some funds to buys back. You analysis could be right as Bitcoin becomes stronger than few years. But we still not forget that the flash dump could coming anytime which can produce more panic to people. If they panic, that can makes the price goes down so hopefully, most people will not do that.
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mr_viperMember
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#18Oct 1, 2023, 12:49 AM
Sorry about the miss though, and yes, it's time to put a clear plan maybe two. And don't forget to share...with me, if you want.
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