Eventhough market corrected already -65% from high ($800B to $280B), it is in line with last bear market in 2014 that also lost -65% in only 3 months ($15B to $5B). After that it rebounded for couple months but went to new and final low for Bitcoin only 10 months later at $3B, and 20 months later for most other coins. If history rhymes we will get rebound soon but it will take a long time to find the low. Cancelled my bids and plan to invest in crypto again only in 2 years. Even if my lowball offers would already get filled next few months, it's still high risk as timing is wrong. Need less hope, more loss of interest in sector, and long period of sideways movement before one can say there is opportunity long AND short term. Imminent stock market correction raises risk to enter crypto now also. Better financial opportunities elsewhere, such as gold miners, uranium miners, emerging markets that may offer a great buying opportunity for short term profits if we get global stock market correction. Highly recommend: - Marc Faber his monthly reports, worth every dime: https://www.gloomboomdoom.com/ - As well as Louis Thomas his recent video on state of the market and when opportunity is biggest in crypto: https://www.youtube.com/watch?v=cggGwbJPLuU&t