You see it everywhere, people claiming bull/bear markets based on charts alone. 

That should tell you what the majority of crypto users are painfully unaware of: the market does not hand everyone the same experience. Two people can trade the same coin, during the same week, at the same price levels and walk away with completely different results. The margin for error here is razor thin, be it a timely stop loss or a call for long or short. 

You buy late, panic on a dip and sells at the bottom not wanting to lose it all. Another person waits, keeps cash ready and buys when everyone else gets scared. Same market. Different outcome. This outcome however is excruciatingly anxious, waiting and hoping for a change is difficult. Your brain would tell you to reduce the risk as much as possible, that's why you see people selling at the bottom everyday. 

Winning in a bear market means: managing risk, staying patient and filtering the noise(don't go on twitter no matter what you do). People use downtrends to build positions, study projects and remove weak habits from their strategy, these are skill that need to be developed, surviving bear market after bear market, being used to anxiety, FOMO and FUD. 

Losing means: overtrading, using too much leverage and assuming every pump will continue forever. A rising market can also be detrimental, when prices keep going up, almost any buy can look like a good buy for a while. You enter late, the coin pumps another 20% and it feels like you made the right call. You ignore risk, and the market rewards you anyway. Knowing when to quit is in not the same as knowing when to enter.

But perspective shapes your actions. Your actions shape your results.

If you call everything bearish, you may miss real opportunities. If you call everything bullish, you may ignore obvious risk. Both have winners and losers.

The absolute truth: The market does not care what label you give it, it will still find a way to punish or reward you.

Bull run or bear market, someone is making a plan. Someone is losing discipline. Someone is learning. Someone is gambling.

Which one are you? 

Perspective Makes the Market