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7 Tips for Surviving (and Thriving) in a Bear Market

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7 Tips for Surviving (and Thriving) in a Bear Market!!!

The crypto market has recently been in the midst of a prolonged bear market, with many investors experiencing significant losses due to its consistently low price over the past six months. While this development has been decidedly negative for most investors, there are some promising signs that the bear market could end soon, allowing bitcoin and other digital currencies to return to their former highs or even rise even higher from there. If you’re looking to benefit from the next big bull run, here are some tips on how to survive (and thrive) in a bear market.


The crypto market has recently been in the midst of a prolonged bear market, with many investors experiencing significant losses due to its consistently low price over the past six months. While this development has been decidedly negative for most investors, there are some promising signs that the bear market could end soon, allowing bitcoin and other digital currencies to return to their former highs or even rise even higher from there. If you’re looking to benefit from the next big bull run, here are some tips on how to survive (and thrive) in a bear market.


Read also our article about:

Will crypto recover from the last bear market again?

The best trading strategies to make money in a crypto bear market.


 Embrace the change

One of my favorite sayings is Everything changes but changes itself. The crypto market is no different. While crypto is still a very young and exciting industry, there will be ups and downs—but that doesn’t mean we should all throw our hands up and go running back to Bitcoin or fiat. We have an opportunity to learn from these market cycles and use them as an opportunity to grow stronger as individuals, teams, companies, investors, traders... 


This bear market can teach us how to embrace change in all aspects of life. I’m not talking about riding out waves like those fearless surfers you see on Instagram. I’m talking about how we can work together as a community so that when things are good again they’re even better than before. There are opportunities everywhere if you know where to look!


Staying up-to-date on news

While crypto investors aren’t exactly good at staying up-to-date on news, it’s important to at least have an idea of what’s going on with your favorite coins. Your portfolio could be doing very well and you may be having personal success as an investor but still suffer if you didn’t know about some major event that sent prices plummeting across exchanges. In other words, don’t blindly trust anything you read—fact check! Here are some great sites to stay on top of crypto developments:

  • CoinDesk 
  • CryptoSlate 
  • Hard Fork 
  • Coindesk 
  • Twitter 
  • The Block 
  • Bitcoin News
  • Cointelegraph 
  • HodlHodl


Doing your own research

There’s an old adage that says The best time to buy is when there’s blood on the streets. The sentiment holds true for crypto and other markets, too: Just because it’s winter doesn’t mean you have to stay indoors. In fact, it could be one of your best opportunities to look around, do some research and figure out what needs improving. Are exchanges having trouble with volume? Is there a limit in place that you can remove? Are any protocols being used frequently without issue or do they suffer from frequent transaction errors? You never know when information like that will come in handy—in your personal life or career—so take advantage of bad times to see how good things can be.


Identify your goals

It’s important to identify your goals before you can determine how to stay on track. Do you want to increase your holdings, hold steady, or cash out completely? Maybe your goal is to get rich quick or, like many HODLers, secure more of your net worth as BTC. In any case, it’s vital that you understand what motivates you and where you want to go with your portfolio. Perhaps most importantly of all, set realistic expectations; even if things seem bleak right now, we know they won’t be forever—and setting low expectations may just make it harder for us not to panic when we see red numbers on our portfolio.


Trade strategically instead of emotionally

Trading out of frustration and fear is never good. Relying on emotion to make investment decisions leads to suboptimal outcomes, so it’s important to trade strategically. Doing so will help you avoid following the herd during bull markets and bear markets alike. And investing strategically means picking quality coins that are undervalued or overlooked by others—that way, you can set yourself up for big gains over time as long as you hold onto them through thick and thin. If you have coins that match these criteria, HODLing can be a viable strategy going forward. Otherwise, take advantage of your situation by trading more often than normal to boost your holdings and profits. Just remember not to act emotionally when doing so.


There are two sides to every market: no matter what kind of market you’re dealing with, there will always be winners and losers at both ends of the spectrum. To survive (and thrive) in a bear market, focus on identifying opportunities where your risk/reward ratio is heavily skewed toward reward—those are likely investments worth making even if they seem risky or counterintuitive at first glance.


Build good habits

One of the most important things you can do to survive a bear market is to start building good habits. When we get into an investing habit, it makes us feel like we’re making progress and actually doing something with our money. It’s something that works for us every day and is easy to do. It makes us feel like our hard-earned capital isn’t just being held hostage by market forces that are completely out of our control. For some people, good investing habits might include automatically transferring 10% of your paycheck into your retirement fund each month or setting aside 20 minutes a week to research your next big purchase—anything that will make you feel like you’re at least trying to move forward through all of these changes.


Stay positive and hopeful

Believe it or not, your mindset has a lot to do with how you cope with market fluctuations. So, if you’re hanging on to hope that things will turn around eventually, you’ll be more likely to put up with some short-term pain and keep moving forward. Try reminding yourself of that next time you panic about losing money because things seem to be going south quickly! And then don’t just sit there—make sure your negative thoughts are actually based in reality so you can act accordingly. If they aren’t (like when the price of your favorite coin is plummeting), take action by getting out of crypto entirely or transferring those coins over to something less volatile and more tangible.


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