A bear market occurs when prices continue to fall for a prolonged period of time. Imagine it as a winter in crypto. Things are gloomy and cold. Many people are worried about their investments as the prices of cryptocurrencies fall. You may see more news of falling prices in a bear market than about rising prices, and you might feel gloomy.
A bear market is a challenge for miners. The money you make from mining decreases when coin values fall. You must therefore be very careful about your expenditures and make sure that each bit of hardware and power you use is worthwhile. Even in the long winter there are many ways to keep warm and discover new opportunities.
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