The bear market has made investors to lose their hard earned money, which is a painful one. statistics has shown that the crypto market has lost more than 1.4 trillion in this current bear market.
Apart from the loss of investors money, the bear market has really helped to remove bad projects in the crypto industry. Some of the projects could not withstand the test of time and they crashed because of their greediness and less utilities.
We have also learn as an investor that we should do our deligent research before investing on any crypto project, and we should invest what we can't afford to lose. Most people are now seeing crypto as a gamble that take away your money within the blink of an eye, this is as a result of not doing their research before investing, although we know the crash of LUNA and FTX was beyond our control.
It is wrong to think the crypto market won't recover again, the bear market will soon be over, this just another opportunity to accumulate more coin and prepare for the next bull run that is just behind the corner.
Also don't forget the saying "not your keys, not your crypto". You should learn from the bear market not to depend on any centralized exchanges, store your coins in a hard/ cold wallet for safety purpose.
