How to deal with bear markets

[Lee_Mire]

The market is once again showing its ugly side and we can potentially slide into an extended bear market. It can be so draining watching charts all day and the negativity can seriously ruin your productivity, relationships and even your health. If the bear market is getting to you try following these steps.



1) Secure your crypto - This is the first and most important step. The bear market might last a few years and you want to be securely hodl your coins through this long period. You need to decide on how you want to store your coins.


2) Decide DCA strategy - The best way to win big in a bull market is to have enough coins to sell. You want to load up during a bear market and off load into a bull market. The dollar cost average strategy is the least stressful way to invest in crypto. It means buying a set amount of coins regularly. Learn how to DCA and pick on the amounts you want to do. Try to automate your DCA so it sort of happens in the background.
 

3) Uninstall all the crypto price apps - During a bear market the worst thing you can do is regularly check the prices. You can be having the best day of your life and one look at the price will ruin it for you. Uninstall those price alerts and try to avoid checking the price.


4) Avoid crypto twitter - CT is worst place to be during a bear market. Everyone bashes each other and the memes are not as funny when the price is tanking. Overall its a sad place to be during a bear market and it will negatively impact your mood.


5) Block all the haters - We all have a few people who can't stand to see us happy. It could be a "friend", a family member or even an ex. Block these people and don't give them the opportunity to laugh in your face during heavy sell-off.


6) Do something productive - This is one of the most important steps. You have to do something productive with your time otherwise you will slide back into the negative feedback loop of the crypto bear market. Build something, work on a project, learn new skills, take up new hobbies, travel, etc. Keep yourself busy and you will probably forget all about crypto until the next bull cycle when you check your wallet and your minted!


7) Enjoy life - And always remember life is too short. Enjoy it.




The overall goal is to try to push crypto out of your mind during the bear market. You cannot control the price action and market. When the market is ready it will pump again, so why wait doing nothing? Do something in the meantime and check back every now and again. You will be happier, more productive and possibly wealthier.

[1715134087]

1715134087

[1715134087]

1715134087

[kizlod]

Good advices. I'm trying to follow them. The most important thing is to secure your crypto and don't sell it.

[Amejoaquim]

Ya in this current situation i stop checking my investment because i'm a investor not a trader. So if i checked my portofolio dailly in this momment it just gonna give me bad mood and make me mad when i see my portofolio drop, LOL.

[jems]

I agree with your opinion, when the bear market comes I always choose to secure my assets by converting them to fiat or some stable coin. And to dispel the doubts or panic that hit, maybe taking a few days on vacation will make us fresh.

[kotajikikox]

Ya in this current situation i stop checking my investment because i'm a investor not a trader. So if i checked my portofolio dailly in this momment it just gonna give me bad mood and make me mad when i see my portofolio drop, LOL.

i do this also whenever there is a bad dumping happening in the market mate , specially when i decide to invest for long term strategy(because sometimes i tried to trade short term)
and also i prevent myself from being panicking each time that is why i can save my funds from falling bac also.

Good advices. I'm trying to follow them. The most important thing is to secure your crypto and don't sell it.

Lol depend on the situation , because you can make profit by selling at dump and buying after dumping.

[indo1]

I agree with point 7, because that's what I do when the market is bearish, it will immediately relieve the stress due to the market going down, and come back again when the market recovers soon.

[Nunoluck]

I think we also need to avoid all social media app. I ever fell because of negative news that spread on Instagram so I don't get maximum profit from last bullish market. Actually I have my own calculation about market condition but I become too afraid and doubt about my plans after I heard news in instagram. Now I only trust news that spread in this forum because people who spread the news in this forum are more familiar with cryptocurrency world unlike people in instagram who only seeking for attention and follower.

[AniviaBtc]

Don't worry too much about the market because that will just keep yourself from stress and you will not do other things because of that.

Just focus on the real world while the market is bearish so that you can keep your productivity on you and you will manage your emotions freely.

Hold your coins and don't make any transaction because that will only cause you some losses due to downtrend.

[cheezcarls]

I simply deal with bear markets by just forgetting about my coins for a while and focus on being productive or something that would make me some good ol’ cash. Although I can’t avoid looking at Etherscan, CoinMarketCap, etc., for at least once a day, but I’m already getting used to these bear markets. I treat myself like I am super motivated to start all over again from zero. I’ve been experiencing failures over and over again, so yeah I am getting used to be failed at something and just having a mindset in starting back up again with determination.

[yazher]

Don't worry too much about the market because that will just keep yourself from stress and you will not do other things because of that.

Just focus on the real world while the market is bearish so that you can keep your productivity on you and you will manage your emotions freely.

Hold your coins and don't make any transaction because that will only cause you some losses due to downtrend.

That's what most people do where they will stress whatever bad result they see in the crypto market. Looks like the bearish market this year will be long and if you have some crypto assets in your wallet, you should be ready for it. most of the investors have their own source of income and they don't need to worry about their bitcoins. Nowadays those people who invested big amounts will panic obviously because they think they won't gonna get back that big capital they've deposit last bull run.

[cryptomaniac_xxx]

Why not take advantage of the situation as well and continue to accumulate sats?

Time flies too fast, you won't notice that after a long bear market, it's halving again and then time for the market to rebound and then hits a new all time high. Yeah, you can probably get yourself busy, but I would say just focus on your crypto habits and activities and in no time you will be 'hardened' by this bearish cycle and come prepared for the next one.

[CryptoStar19]

I don't believe we are confirmed in a bear market yet. That being said, the strategy is simple: the most gains in crypto come from bear market accumulation to take advantage of the next bull run. I still cherish the hope that we might see this market turn around by the end of the year.

[Wexnident]

Use the bear market as an intro to entering the market. Or just use it as a way to accumulate more. DCA works if you're not familiar with trading or don't really have the time to actually bother with it, but if you are a trader, then might as well use the situation and turn it into an opportunity to make a profit. Most profit makers come from people taking advantage of times where the market is down after all, instead of when it's up. Buying at the peak is probably the baddest move one can make if he's making for a short-term profit.

[MFahad]

Good advices. I'm trying to follow them. The most important thing is to secure your crypto and don't sell it.

Its hard to follow this advice because usually people put their day to day money in crypto with the hope to get quick profits. Most of the people unable to hold for long in bear market and that's one reason why we see a constant drop in altcoins throughout the bear cycle.

[perryxi2]

If the situation is as bad as the current BTC price, I will never view my account but temporarily close it, do another job to forget it, and then open it again after a while. Because if now every time I go to look at it, I feel uncomfortable and confused about the decreasing value of my property.

[Bitstar_coin]

Invest what you can afford, this way even the market is crashing won't affect you much because you didn't go all in, plus have a plan B to keep you busy whenever the market is in bear mode, I agree with uninstalling any price related app because some can't do with checking the price every seconds which is not helping them but affecting their emotions, checking the price every time won't make the price to pump suddenly,  it is better to keep this in mind.

[Coyster]

4) Avoid crypto twitter - CT is worst place to be during a bear market. Everyone bashes each other and the memes are not as funny when the price is tanking. Overall its a sad place to be during a bear market and it will negatively impact your mood.

I'm not on Twitter generally, not for social stuff and definitely not for crypto. There are quite a lot of 'fake experts' on twitter, coupled with the high rate of manipulation caused through twitter, like that of Elon and the rest, I personally wouldn't recommend twitter or any other social media platform for that matter to crypto people, especially the newcomers, they can basically get the wrong idea of how things work in the network.

I agree with your opinion, when the bear market comes I always choose to secure my assets by converting them to fiat or some stable coin. And to dispel the doubts or panic that hit, maybe taking a few days on vacation will make us fresh.

If "your asset" is just Bitcoin, converting it to fiat is prolly not a good option if there's a bear/correction time in the market, fiat currencies also get affected by inflation and can be devalued, this could also affect your funds, and prolly you may not find time to buy back before the price spikes, if you believe in Bitcoin it's much better to leave your stash in your wallet no matter the period in time in the market, until you'rere ready to sell.

[Beparanf]

All of the above is an effective way for me except DCA especially when we are talking about long bear market just like what we experience last 2018 to 2020. You might lose a lot and get trapped for long time if you DCA on a sliding market price even though the price movement is gradual. We all know how crypto moves when it's on bear market. So doing DCA at that part is very dangerous. I do DCA when there is a reversal sign shown in the market condition.

[CryptopreneurBrainboss]

2) Decide DCA strategy - The best way to win big in a bull market is to have enough coins to sell. You want to load up during a bear market and off load into a bull market. The dollar cost average strategy is the least stressful way to invest in crypto. It means buying a set amount of coins regularly. Learn how to DCA and pick on the amounts you want to do. Try to automate your DCA so it sort of happens in the background.
 

In my honest, opinion, this is the most vital of all the points you highlighted in the OP. When you understand the wonders of dollar cost averaging then you'll understand why it's been advice by most financial advisor as it's the best way to invest especially volatile markets like that for cryptocurency.

Next to this will be the securing of your investment, there are lost of scammy wallets out there, therefore understanding how to pick the right wallet for your coins is very vital.

[dimonstration]

 

Ya in this current situation i stop checking my investment because i'm a investor not a trader. So if i checked my portofolio dailly in this momment it just gonna give me bad mood and make me mad when i see my portofolio drop, LOL.

I'd been doing 3, 4 and 6 advices since bear market, I'd tried to focus on creating business that will put my mind into it and forgot that the market is at bear and I wasn't able to sell much during the bull. We should stop regretting and keep going, do something that can make us better or atleast something that will divert our attention in something productive. For sure we will be able to grasp some news once the market is better.

[Desmong]

There are so many ways to deal with bear market psychologically especially when your investment is really affected by the bear market. Trading with it is also another way of dealing with the bear market trauma if one is good enough in trading so that to cover up losses.
Focusing on other things that takes one's time, like working or concentrating on other investments can also relief one from the stress that comes with the bear market.

[BitTraderCute]

Ya in this current situation i stop checking my investment because i'm a investor not a trader. So if i checked my portofolio dailly in this momment it just gonna give me bad mood and make me mad when i see my portofolio drop, LOL.

that's good mental and psycology controlling dude, it will save you from panicking. as long term investors you doing good thing, didnt care about current price altough we see our portofolio value decrease alot. Long term purpose we still bullish trend and now we are in correction phase , so better to accumulate not to sell.

[Hypnosis00]

7) Enjoy life - And always remember life is too short. Enjoy it.




The overall goal is to try to push crypto out of your mind during the bear market. You cannot control the price action and market. When the market is ready it will pump again, so why wait doing nothing? Do something in the meantime and check back every now and again. You will be happier, more productive and possibly wealthier.

Just keep calm, sit back, and relax. This could be working if you are just wanted to hold, not in trading.

Not necessarily we have to uninstall crypto apps because that helps us to monitor our investment. If we are really committed to hold our coins during the bear season, that will not be a problem even we still have those apps. What makes it difficult for us is we keep ourselves bothering by some negative thoughts which cause to panic.  To make ourselves enjoying to other stuff makes a huge help to divert our minds instead of thinking our investment.

[Yatsan]

Dealing with the market is really a tough thing to do specially if you were just new in this industry and you have experienced such thing upon entering the market. But before hand you must know about the cryptocurrency's volatility that is natural in this market so we can expect certain ups and downs in no time. Dealing with the bear market is like also dealing with the bull market. You must strategize your funds into how you are going to handle it despite of the situation for the fact that there are also opportunities that can be gained from the bear market. You won't get panicked if you certainly know your coins in portfolio. Trust the process and just only invest into those you understand already and do not put all your money into one basket.

[nhaila]

In bear 🐻 market, I stop all my trading approach and stop my opening wallet of investment coins. I only buy some top losser coins which have listed top 100 ranked ok coinmarketcap.

[stomachgrowls]

7) Enjoy life - And always remember life is too short. Enjoy it.




The overall goal is to try to push crypto out of your mind during the bear market. You cannot control the price action and market. When the market is ready it will pump again, so why wait doing nothing? Do something in the meantime and check back every now and again. You will be happier, more productive and possibly wealthier.

Just keep calm, sit back, and relax. This could be working if you are just wanted to hold, not in trading.

Not necessarily we have to uninstall crypto apps because that helps us to monitor our investment. If we are really committed to hold our coins during the bear season, that will not be a problem even we still have those apps. What makes it difficult for us is we keep ourselves bothering by some negative thoughts which cause to panic.  To make ourselves enjoying to other stuff makes a huge help to divert our minds instead of thinking our investment.

Not necessarily to uninstall because i do have that kind of behavior whenever we are really on a bearish market i do still continue on monitoring my holdings.It is just on how you do really handle up yourself on those sudden change in price.

You shouldnt let yourself to be get affected easily whenever what things do really happen in the market.People does have different handling when it comes to their emotions and actions taken on a specific situation or events.

Honestly, this is just really simple to say than done because not all would really be having the same level of control and discipline in mind
on various things  that they do encounter.

[electronicash]

you just need to take it simpler to deal bear markets just like the many traders do, they just want to hedge their money to stablecoins and then wait. there is nothing else to be done unless you wanted to keep coins with prices that are dwindling. Some are engaged in staking stablecoins to earn while the bear market isn't yet showing signs of retracing back up. that's one way to enjoy life.

[boyptc]

Blocking all of those haters is effective. Just as what I've experienced in social media, I've blocked or unfollowed those people that only shares hate and negative news about the market.

We don't need them in our lives.

[Hamphser]

Im a scalper or day active trader which means i dont usually mind on what would be the trend would be because as long it does move then i do make out money but of course not all days would really be a good day.

Scalping is really risky but very rewarding even just getting 5-10% gain on a certain day into your capital would already be considerable and of course profitability will be depending on how well you do play with the market.

Dealing with Bear market isnt easy specially to those people who had been caught in the dump.You would really be holding and it would really be testing
out your patience.

[sheenshane]

5) Block all the haters - We all have a few people who can't stand to see us happy. It could be a "friend", a family member or even an ex. Block these people and don't give them the opportunity to laugh in your face during heavy sell-off.

This is something new for me and that's right, you can also block all those social media influencers because they keep spreading FUD all the time and put in your ignore list and don't listen to them.  They used us for their own benefits.

If you're always confused with the price and always looking into the chart, you may always think of cutting your loss which is what most common weak holders do.  They think that they are in a trap and the market will not recover again, most likely this perspective was generally common on newbies or new traders.

Im a scalper or day active trader ...

Ain't expert on day trading, when the market begun dumped, is that scalping really giving benefit? or rather hold your asset?

[Shasha80]

Blocking all of those haters is effective. Just as what I've experienced in social media, I've blocked or unfollowed those people that only shares hate and negative news about the market.

We don't need them in our lives.

Actually we are all capable of dealing with a bear market that occurs, but sometimes we are affected by the negative things we get from other people.
Therefore FUD is the strongest reason that causes the market to crash, I agree that avoiding people who usually share negative things must be done.
Choosing a positive environment is the most important thing, because humans are very easily influenced by the things around them.

[chaser15]

Too much if we follow some method especially uninstalling apps etc. It wasn't necessary.

Just be ourselves. This is not the first time that a bearish trend hits the market.

Remain calm and try to have an activity outside the crypto market. Make ourselves busy as it's not the end if we see our portfolio gaining too much losses. Remember that we don't actually lose unless we hit that SELL button or decide to cut the expected more losses.

[GreatArkansas]

6) Do something productive - This is one of the most important steps. You have to do something productive with your time otherwise you will slide back into the negative feedback loop of the crypto bear market. Build something, work on a project, learn new skills, take up new hobbies, travel, etc. Keep yourself busy and you will probably forget all about crypto until the next bull cycle when you check your wallet and your minted!

I can relate here, very true. When the bull market started last year, I quit my job and then most of my time after I quit my fulltime was in cryptocurrency so for me, it's good since I earn lot of profits doing different gigs in crypto market and 2 months ago I started doing some job related to my full time job before, which is currently I am part-time now, so I can't be stressed at all and just doing productive things while don't really affected about bear things of crypto.

[slaman29]

In bear 🐻 market, I stop all my trading approach and stop my opening wallet of investment coins. I only buy some top losser coins which have listed top 100 ranked ok coinmarketcap.

Your comment is one of the shortest here and yet actually probably one of the most useful. Stop trading, no strategy is going to work, and no amount of checking your wallets is going to change anything.

Maybe buy the top losers (but also they should be actually good projects) in the hope they recover. Take ETH for example when it crashed to below $100!

[Ararbermas]

To make the story short "take a vacation" and came back when the market were totally fine and there's no people bashing each other around the internet because of the different views when it comes the situation..
They can really give an headache.. So much better to leave and find a quite place to refresh our mindset because indeed market still unpredictable so much better to take a rest and go for a vacation. Lol

[NewRanger]

In bear 🐻 market, I stop all my trading approach and stop my opening wallet of investment coins. I only buy some top losser coins which have listed top 100 ranked ok coinmarketcap.

Your comment is one of the shortest here and yet actually probably one of the most useful. Stop trading, no strategy is going to work, and no amount of checking your wallets is going to change anything.

Maybe buy the top losers (but also they should be actually good projects) in the hope they recover. Take ETH for example when it crashed to below $100!

stop trading and quit from market for a while will help us to recovery our mental and psychology, many traders be stress when suffer loss. when this happen, they could not controll emotion and maybe will open new transaction again without any analisys. It will make things worse and lose more money. Not everyone could make this wise decision , except whom able controll their mind.

[boyptc]

Blocking all of those haters is effective. Just as what I've experienced in social media, I've blocked or unfollowed those people that only shares hate and negative news about the market.

We don't need them in our lives.

Actually we are all capable of dealing with a bear market that occurs, but sometimes we are affected by the negative things we get from other people.
Therefore FUD is the strongest reason that causes the market to crash, I agree that avoiding people who usually share negative things must be done.
Choosing a positive environment is the most important thing, because humans are very easily influenced by the things around them.

We can, I didn't say that we can't. But if there are distractions that we're seeing through different platforms like social medias, we're the one to take action on it.

And blocking and unfollowing those people that have nothing to share but only negative thoughts about the market and they're mocking us, you just block them.

[justdimin]

The overall goal is to try to push crypto out of your mind during the bear market. You cannot control the price action and market. When the market is ready it will pump again, so why wait doing nothing? Do something in the meantime and check back every now and again. You will be happier, more productive and possibly wealthier.

You sound like too psychological rather than being technical with respect to crypto trading and its bear markets. If you take the case of long term holder, they must be already into practices of what you have mentioned here. Because, we all know that bitcoin market will surely bounce back from any kind of severe dump but the concerns are only on traders and new investors.

Traders may not have big options to deal against bear market like accepting losses and exiting at stoploss levels or might need to convert their positions into long term holding. Same applies for new investors as well (all these are possible when people trade bitcoin and not any shitcoins).

[Lakai01]

Social media isn't the toxic ones, but it is the people that uses it.

It has to be said here quite clearly that FUD is controlled and is used by whales in particular to be able to dominate the market even further. FUD has always existed, even without social media. Nowadays, however, social media such as Twitter and Facebook make it possible for news to spread much faster, but they are certainly not the cause of FUD.

[davis196]

This list isn't about handling bear markets.This is more about hot to do cryptocurrency trading in general.
I assume that this list is created for crypto traders,who don't want to sell their coins during a bear market.
There's nothing wrong with selling your coins during a bear market,especially if you know that the price will go down even further and you will have the chance to buy at a lower price.

In bear 🐻 market, I stop all my trading approach and stop my opening wallet of investment coins. I only buy some top losser coins which have listed top 100 ranked ok coinmarketcap.

What?So you want to buy some shitcoins?I don't get your idea,but you are free to invest in whatever you want.

[semobo]

The market is once again showing its ugly side and we can potentially slide into an extended bear market. It can be so draining watching charts all day and the negativity can seriously ruin your productivity, relationships and even your health. If the bear market is getting to you try following these steps.



1) Secure your crypto - This is the first and most important step. The bear market might last a few years and you want to be securely hodl your coins through this long period. You need to decide on how you want to store your coins.


2) Decide DCA strategy - The best way to win big in a bull market is to have enough coins to sell. You want to load up during a bear market and off load into a bull market. The dollar cost average strategy is the least stressful way to invest in crypto. It means buying a set amount of coins regularly. Learn how to DCA and pick on the amounts you want to do. Try to automate your DCA so it sort of happens in the background.
 

3) Uninstall all the crypto price apps - During a bear market the worst thing you can do is regularly check the prices. You can be having the best day of your life and one look at the price will ruin it for you. Uninstall those price alerts and try to avoid checking the price.


4) Avoid crypto twitter - CT is worst place to be during a bear market. Everyone bashes each other and the memes are not as funny when the price is tanking. Overall its a sad place to be during a bear market and it will negatively impact your mood.


5) Block all the haters - We all have a few people who can't stand to see us happy. It could be a "friend", a family member or even an ex. Block these people and don't give them the opportunity to laugh in your face during heavy sell-off.


6) Do something productive - This is one of the most important steps. You have to do something productive with your time otherwise you will slide back into the negative feedback loop of the crypto bear market. Build something, work on a project, learn new skills, take up new hobbies, travel, etc. Keep yourself busy and you will probably forget all about crypto until the next bull cycle when you check your wallet and your minted!


7) Enjoy life - And always remember life is too short. Enjoy it.




The overall goal is to try to push crypto out of your mind during the bear market. You cannot control the price action and market. When the market is ready it will pump again, so why wait doing nothing? Do something in the meantime and check back every now and again. You will be happier, more productive and possibly wealthier.

Nice tips though, it will give an eye opening for someone who is confused now about what to do when the bear market hits them unexpected but this is actually suitable for a long term holder but as an investor there is any other way we can tackle this?

Yes, we can by doing day trading which is risky I am not denying that but when someone took crypto trading as their career then they need to adopt the situation then make strategies according to it.

[Cherylstar86]

I'll follow those important advice that you gave, but if you avoid crypto twitter or any other social media platforms I don't think it's a good idea. We need them to keep updated despite of bearish market that's getting worst day by day. Though we have no assurance for the coins that we're holding nowadays, but don't give up because we will be harvesting our profit when the price reaches so high once bullrun comes.

[Johnyz]

Social media isn't the toxic ones, but it is the people that uses it.

It has to be said here quite clearly that FUD is controlled and is used by whales in particular to be able to dominate the market even further. FUD has always existed, even without social media. Nowadays, however, social media such as Twitter and Facebook make it possible for news to spread much faster, but they are certainly not the cause of FUD.

Whales are taking advantage of this one but we should not be afraid because we can also ride with them by keeping yourself updated especially if you are into trading. FUD may move the market that much especially if the FUD are coming from a well know company or personality, that is the trend over the past years and it will always be part of the market. Know the risk of HYPE and FUD and know what to do during this bear market, I'm staying away from the meme projects right now and the new one, that's too risky for me as well.

[tvplus006]

..If the bear market is getting to you try following these steps...

These are very simple tips, but in practice it is very important to fulfill only one point: When a bear market approaches, you need to sell all the coins and get stablecoins. But the reality of life is that not many people manage to sell coins in time. Hence the nervous shocks and Fomo about lost profits.

[conected]

I'll follow those important advice that you gave, but if you avoid crypto twitter or any other social media platforms I don't think it's a good idea. We need them to keep updated despite of bearish market that's getting worst day by day. Though we have no assurance for the coins that we're holding nowadays, but don't give up because we will be harvesting our profit when the price reaches so high once bullrun comes.

- Agree, life is about stumbling and sometimes facing things that we feel very negative and dislike but even in such dark days, we need to seek joy, knowledge and other positivity because this is our choice and our job, we can be unlucky for the day but nothing will forever be unlucky, backing down may not be able to extinguish the problem. The social platform will give two-way reactions, and it's our job to let these two equations combine, creating a neutral, close your eyes and turn your back can only die

[Kelvinid]

Whales are taking advantage of this one but we should not be afraid because we can also ride with them by keeping yourself updated especially if you are into trading. FUD may move the market that much especially if the FUD are coming from a well know company or personality, that is the trend over the past years and it will always be part of the market. Know the risk of HYPE and FUD and know what to do during this bear market, I'm staying away from the meme projects right now and the new one, that's too risky for me as well.

And with that case, maybe we don't have the right to blame whales because we lose. That actually we are happy when they use to pump and the market but,  we can't be confident enough that everything will end up good, traps are somewhat waiting for you then. That is a need for us to still be cautious, we don't just jump and ride with them knowing nothing. The common thing that put some traders it a losing end is that because they are too hurry and they'll think that trading could be just an easy job to do.  

Make a decision wisely, that is the most important.

[Golftech]

I'll follow those important advice that you gave, but if you avoid crypto twitter or any other social media platforms I don't think it's a good idea. We need them to keep updated despite of bearish market that's getting worst day by day. Though we have no assurance for the coins that we're holding nowadays, but don't give up because we will be harvesting our profit when the price reaches so high once bullrun comes.

Social media might help to get some updates in regards to your asset but never use them as

basis, it will lead you to lose your money as there are so many manipulations that happened

using this channels, make sure to work with your knowledge  as it will give you the best ideas

pointing the right directions especially during this bearish market.

[tygeade]

Looking at that number five, why would anyone even know that you are investing and trading in cryptocurrency? Okay ,maybe your ex might know if they were dating then and you were trading cryptocurrency and also open to them about it. I don’t tell anyone that I am trading cryptocurrency, it is something I keep to myself, but my family knows about it and only them.

And moreover, I don’t let anyone know about my situation, whether I am winning or I am losing, I just keep it to myself. It’s nobody’s business. And also I am not the type of person that is always talking about cryptocurrency and making it known to everybody what I am up to. It’s good to keep things like this to yourself, you shouldn’t let everyone when you’re falling or winning. If they know when you win, they will envy you. And if they know when you fall, they are going to laugh and that will discourage you if you’re not strong enough. So it’s bad to tell people, learn to mind your business and stop making it a public business.

[beerlover]

The market is once again showing its ugly side and we can potentially slide into an extended bear market. It can be so draining watching charts all day and the negativity can seriously ruin your productivity, relationships and even your health. If the bear market is getting to you try following these steps.

I will not call it "ugly", it is just part of every market still I agree it is a pain to watch the bear markets but when market stays above your buying levels and you are good with fundamentals of market to remain confident about bouncing back of markets then you will be happier on seeing bear markets as you may make use of bearish trend to buy more than than hating and losing the opportunity of cheaper prices.

Let's take bitcoin market as an example; you never need to worry on bear market if you are holding for years because market is not falling back to the beginning prices of this year and it is staying well ahead of last year's prices hence we can simply go for buying more rather than start feeling pain about falling prices from ATH levels.

[abel1337]

The market is once again showing its ugly side and we can potentially slide into an extended bear market. It can be so draining watching charts all day and the negativity can seriously ruin your productivity, relationships and even your health. If the bear market is getting to you try following these steps.

I will not call it "ugly", it is just part of every market still I agree it is a pain to watch the bear markets but when market stays above your buying levels and you are good with fundamentals of market to remain confident about bouncing back of markets then you will be happier on seeing bear markets as you may make use of bearish trend to buy more than than hating and losing the opportunity of cheaper prices.

Let's take bitcoin market as an example; you never need to worry on bear market if you are holding for years because market is not falling back to the beginning prices of this year and it is staying well ahead of last year's prices hence we can simply go for buying more rather than start feeling pain about falling prices from ATH levels.

That's right, A bear market is an expected event in crypto after a bull market and if we see the positive side, It is shown that the market is healthy. We are still given a chance to acquire some crypto at lower prices. If you have an asset that you truly believe is a fundamentally strong project, It would be better to just hold it on till the next bull run start. I believe that this market is just a repeated cycle and only good tokens are following it. 

Honestly, I'm not scared of the bear market anymore since I have experienced it before, and keeping track of the prices isn't making me faint. If you are a new trader and at a loss, It would be better to avoid social media with a lot of FUD's posting like Twitter.

[isaac_clarke22]

~

Well in a sense, yes. It could be that even without social media and just by surely doing the whales trap wherein the price makes it look like it is crashing but it just whales waiting for the panickers to dump their coins only to be bought by the whales making them to have more hodlings for the future of course.

~

Well whatever pops up in my news feed in every social media, I won't even flinch. It is more like DiCaprio laughing meme for me. lol

[carlfebz2]

The market is once again showing its ugly side and we can potentially slide into an extended bear market. It can be so draining watching charts all day and the negativity can seriously ruin your productivity, relationships and even your health. If the bear market is getting to you try following these steps.

I will not call it "ugly", it is just part of every market still I agree it is a pain to watch the bear markets but when market stays above your buying levels and you are good with fundamentals of market to remain confident about bouncing back of markets then you will be happier on seeing bear markets as you may make use of bearish trend to buy more than than hating and losing the opportunity of cheaper prices.

Let's take bitcoin market as an example; you never need to worry on bear market if you are holding for years because market is not falling back to the beginning prices of this year and it is staying well ahead of last year's prices hence we can simply go for buying more rather than start feeling pain about falling prices from ATH levels.

You would really be happy on seeing bear markets or price corrections for those traders who are actually waiting up for the dip because we cant just purchase or buy when the price is on the peak.

There would be always a correction because market cant really just move up forever so instead on seeing this as a disadvantage then these are rather chances for you to get in early or purchase on cheap.

We wont be called a trader if we dont play with the price movement or volatility. Dealing with bear market or crypto winter then it would be on personal choice.

[Helpme_please]

..If the bear market is getting to you try following these steps...

These are very simple tips, but in practice it is very important to fulfill only one point: When a bear market approaches, you need to sell all the coins and get stablecoins. But the reality of life is that not many people manage to sell coins in time. Hence the nervous shocks and Fomo about lost profits.

they only two choice when face bearish trend, hold or sell coins with negative or getting profits. Some traders were trapped by influencer that shilling up only ,meanwhile its very clear market become bearish. Not all traders could take sell decision , most of them still have big hope to see their assets rise alot.

[Ziskinberg]

We only have 2 options, HOLD or SELL. And besides, we often do this even the market isn't in the bear season and I think, we just are doing the same as usual. What makes difference is the price is low and that seems difficult when you bought it at a higher price or during the Bullrun. If that will be the case, I'd rather hold it and wait for the next Bullrun. And while waiting for that time, I use separate money to continue trading.

Because the point here is we never stop making money even the situation is hard. But if we can't take the risk, then think about selling or just hold.

[tippytoes]

We only have 2 options, HOLD or SELL. And besides, we often do this even the market isn't in the bear season and I think, we just are doing the same as usual. What makes difference is the price is low and that seems difficult when you bought it at a higher price or during the Bullrun. If that will be the case, I'd rather hold it and wait for the next Bullrun. And while waiting for that time, I use separate money to continue trading.

Because the point here is we never stop making money even the situation is hard. But if we can't take the risk, then think about selling or just hold.

And if someone can't take the risk in venturing in crypto, it means, this market is not for him. You should have clear goals why you are entering this volatile market. Otherwise, you will be lost in the process and your life will be a mess, especially during the bear season because your decisions are now being affected by emotions. You need to remind yourself about your objectives here and yes, enjoy life while you can. It is only money that is at stake here. So better use your extra funds so as not to be agitated with the market condition.

[lalabotax]

.....

These are things we can do really in the bear market and reduce the stress that we may get.
Yeah, we know that during the bearish market, there will be many more haters coming to make the condition become worse and worse again, telling crypto scams, and others. So that people will feel more depressed because of the FUD, seeing the balances dropped more than 50% and others.

In some times, I also don't look into applications and ignore the FUD to make and calm my mind and feeling. However, sometimes, we must face the condition because we cannot run away again from this bear market.

[rodskee]

The market is once again showing its ugly side and we can potentially slide into an extended bear market. It can be so draining watching charts all day and the negativity can seriously ruin your productivity, relationships and even your health. If the bear market is getting to you try following these steps.



1) Secure your crypto - This is the first and most important step. The bear market might last a few years and you want to be securely hodl your coins through this long period. You need to decide on how you want to store your coins.


2) Decide DCA strategy - The best way to win big in a bull market is to have enough coins to sell. You want to load up during a bear market and off load into a bull market. The dollar cost average strategy is the least stressful way to invest in crypto. It means buying a set amount of coins regularly. Learn how to DCA and pick on the amounts you want to do. Try to automate your DCA so it sort of happens in the background.

I have this in my mind everytime and not even in bear market but all the time.
 

3) Uninstall all the crypto price apps - During a bear market the worst thing you can do is regularly check the prices. You can be having the best day of your life and one look at the price will ruin it for you. Uninstall those price alerts and try to avoid checking the price.

I did this in 2018 but not doing it now because i still can't see that Bear market is nearing.

4) Avoid crypto twitter - CT is worst place to be during a bear market. Everyone bashes each other and the memes are not as funny when the price is tanking. Overall its a sad place to be during a bear market and it will negatively impact your mood.

Twitter is the most spam social media and this is nothing to give but BS tweets .

5) Block all the haters - We all have a few people who can't stand to see us happy. It could be a "friend", a family member or even an ex. Block these people and don't give them the opportunity to laugh in your face during heavy sell-off.

DONE !!!!!

6) Do something productive - This is one of the most important steps. You have to do something productive with your time otherwise you will slide back into the negative feedback loop of the crypto bear market. Build something, work on a project, learn new skills, take up new hobbies, travel, etc. Keep yourself busy and you will probably forget all about crypto until the next bull cycle when you check your wallet and your minted!


7) Enjoy life - And always remember life is too short. Enjoy it.




The overall goal is to try to push crypto out of your mind during the bear market. You cannot control the price action and market. When the market is ready it will pump again, so why wait doing nothing? Do something in the meantime and check back every now and again. You will be happier, more productive and possibly wealthier.

Thanks for everything here mate , you really made my day now.

at least there is a complete advise i received from someone outside my groups.

[slaman29]

Your comment is one of the shortest here and yet actually probably one of the most useful. Stop trading, no strategy is going to work, and no amount of checking your wallets is going to change anything.

stop trading and quit from market for a while will help us to recovery our mental and psychology, many traders be stress when suffer loss. when this happen, they could not controll emotion and maybe will open new transaction again without any analisys. It will make things worse and lose more money. Not everyone could make this wise decision , except whom able controll their mind.

Like I said, just not trading isn't just about recovery but preventing the need for recovery and if you only trade (or invest) money that you consider to have lost (put money in, and just assume it is lost and don't expect profit) then you'll have no expectations and that burden of worry is gone. No stress.

Just try it, seriously. The worst that can happen is Bitcoin dies and you lose disposable cash:)

[alevlaslo]

I look at all good coins, if at least one of them has fallen to the bottom of the price, therefore the entire market will not fall lower from this time

[ipanks]

Thanks for everything here mate , you really made my day now.

at least there is a complete advise i received from someone outside my groups.

With all of the suggestions, number 7 seems to be the important thing for you to try. Whatever you will do, if you do not enjoy your life, you will not feel grateful.

You do not need to do anything with numbers 1-6 if you only apply number 7 because with enjoy your life, you will not think negatively even if the bear market comes. You just let it happen, but you should not just shut up and do nothing, but you can do something else. The important is you can distract your mind not to worry about if something happen.

[Lakai01]

Twitter influencers are more than 4 years ago, they usually make lots of wrong predictions in the bear and most of them just go quiet than post.

This is also true for well-known and professional traders such as Tone Vays. They are also 45% - 49% wrong with their trades, but make their money with the 1% - 5% where they are more often right than wrong (and of course with the "premium subscriptions" ...).

Almost all other influencers do NOT earn their money with trading but get sponsored in their shows. Trade- and price predictions of these influencers are therefore worth nothing

[wiss19]

It can be so draining watching charts all day and the negativity can seriously ruin your productivity, relationships and even your health.

You sound like a newbie trader rather than an experienced investor. I mean when you are going to invest or trade with bitcoin then you should be aware of its fluctuations and when you are trading with the expectation of unexpected fluctuations then you will never worry about it and then let it ruin your health. Dealing against bear market is not a big task for all bitcoiners as most of the times bitcoin markets are into bearish mode in its every cycle.

When the market is ready it will pump again, so why wait doing nothing? Do something in the meantime and check back every now and again. You will be happier, more productive and possibly wealthier.

I do not think all the long term investors of bitcoin are simply watching price levels on daily basis and doing nothing. They must be busy on making use of dips; this way when you look for cheaper prices of bitcoins to buy more then I guess you will start loving bear markets as well.

[lienfaye]

These tips are actually helpful to us specially for the newbies to be enlighten in times the bearish market take over. Its not easy to deal with  bear market but if you expected this situation to possibly happen from the first time you engage yourself in crypto then it might not hard to think on whats the best thing to do since you're aware for it.

What I often do is forgetting for a while that I have crypto investment to avoid being tempted to sell due to many negative news surrounding crypto. Im letting myself to become busy to other things and just monitoring the price once in a while to see if there's changes.

[ven7net]

It's great that you were able to share a number of great solutions for dealing with bear markets, but for some people, a bear market for cryptocurrencies is a great opportunity to make money. I think that in this case traders or those who play to lower the price win. In any case, there are always those who better refrain from trading in a bear market, and there are those who can profit from any situation. Here, what kind of experience you have and how you can apply it in a given situation already plays a role. I’m a bull market or a bear market, I’m still trying to make money on cryptocurrencies.

[gabbie2010]

I think we also need to avoid all social media app. I ever fell because of negative news that spread on Instagram so I don't get maximum profit from last bullish market. Actually I have my own calculation about market condition but I become too afraid and doubt about my plans after I heard news in instagram. Now I only trust news that spread in this forum because people who spread the news in this forum are more familiar with cryptocurrency world unlike people in instagram who only seeking for attention and follower.

Those social media app does more harm than good in this bear market I had read all sort of bad news, FUDs about bitcoin thus sending fears to newbies of course I am unconcerned about it, the forum has more updates and much preferable to all those social media apps.
I also agreed with  point 1 and  2 securing our wallet should the first priority of every crypto enthusiast or hodler this is very important, safety comes first before other things and selling of coins in the bullish market will ensure consistent profits rather than to wait for the market to turn bearish this is a bitter lesson I had learnt about cryptos I had been in a situation when my trades turns from green to red after ignoring to take a small profit since then I always avoid greedy.

[Maslate]

It's great that you were able to share a number of great solutions for dealing with bear markets, but for some people, a bear market for cryptocurrencies is a great opportunity to make money. I think that in this case traders or those who play to lower the price win. In any case, there are always those who better refrain from trading in a bear market, and there are those who can profit from any situation. Here, what kind of experience you have and how you can apply it in a given situation already plays a role. I’m a bull market or a bear market, I’m still trying to make money on cryptocurrencies.

It really has a pressure on trading when the market is in bear season and only the experts could make a good profit while the rest are at loss.

And while waiting for the market to recover, it is better to take this opportunity to accumulate more potential altcoins. If we hold them, it for sure we are rewarded in the future but I don't suggest taking a loan for this sake coz that might be the reason why you fail to hold until the next ATH.

[Obito]

Besides securing your crypto, I think it's also nice if you can secure your fiat for reinvesting because what's the point of letting the bear pass by without making money out of it, the bear market is basically a golden opportunity that everyone is looking for but when it happens, they panic about it, use the bear market as a chance to buy crypto in a cheaper way if you are a long-term hodler, this can help you accumulate more bitcoin in the long run.

[Questat]

How to deal with the market?
Pretty simple, just do what you think is right. I'm not gonna say just hold or sell it, not unless if it is needed.

The bear season will end up shortly and passes by (just for me). I do hold and patiently wait for the recovery, which I think I was right. May OP is also right because that his opinion, but I'm doubted if the other will do the same. But for me, do make a decision that you will never be in regrets or at least not at worse.

[Taskford]

It's great that you were able to share a number of great solutions for dealing with bear markets, but for some people, a bear market for cryptocurrencies is a great opportunity to make money. I think that in this case traders or those who play to lower the price win. In any case, there are always those who better refrain from trading in a bear market, and there are those who can profit from any situation. Here, what kind of experience you have and how you can apply it in a given situation already plays a role. I’m a bull market or a bear market, I’m still trying to make money on cryptocurrencies.

It really has a pressure on trading when the market is in bear season and only the experts could make a good profit while the rest are at loss.

And while waiting for the market to recover, it is better to take this opportunity to accumulate more potential altcoins. If we hold them, it for sure we are rewarded in the future but I don't suggest taking a loan for this sake coz that might be the reason why you fail to hold until the next ATH.

Yeah right  to hard to deal with pressure brought by heavy loss especially if we bought ours at  the peak, but we can  ease the pressure if we are long term holder and doesn't care about what currently happening now but this kind of things only happen on whales but for low  cap users for sure mostly thy will fail since they cannot take to see how market drops so hard. And this panicking in some issues is good  to be our basis since this could make us away to sold earlier and possibly can lift us back when market recovers.

[iv4n]

How to deal with the market?
Pretty simple, just do what you think is right. I'm not gonna say just hold or sell it, not unless if it is needed.

The bear season will end up shortly and passes by (just for me). I do hold and patiently wait for the recovery, which I think I was right. May OP is also right because that his opinion, but I'm doubted if the other will do the same. But for me, do make a decision that you will never be in regrets or at least not at worse.

And what is the right thing to do? If you missed the opportunity to sell the top, the only good option is to continue holding! Of course, if you feel that we have a long way to the bottom, shorting can be a good thing to do, but that can easily backfire on you! Trading as trading can be profitable as we all know, but if someone is trading blindly most likely that person will suffer more losses!

Holding and adding more is a good thing to do while bear markets last! I am not sure will it end up shortly or not, but I am sure we will have more bull runs... in my opinion, it's just a question of time!

[SophiaZ]

7) Enjoy life - And always remember life is too short. Enjoy it.

I'm a long-term investor and number 7 is what I do everyday.

[taufik123]

I'm a long-term investor and number 7 is what I do everyday.

Long-term investors do have a long enough time until the target is achieved. But when the bear market continues to occur and prices continue to decline, it is an opportunity for you to increase your assets at a lower price. Of course when the market is bear price deep will happen. You should have spare money to buy at deep prices, it is very important. it becomes the final strategy to double your profit. don't miss it.

[ethereumhunter]

No one will know when the bear markets come but you may get the sign for the coming. When the price starts to go down and sometimes the price drops too deep, maybe the bear markets come, but that will not always like that because the price can bounce up after it gets down. But if the price does not move to the high price for some time, maybe that is the bear market. If I face the bear market, I will not sell the coin instead buying more because that will a discount for me to buy the coins.

[Quidat]

It's great that you were able to share a number of great solutions for dealing with bear markets, but for some people, a bear market for cryptocurrencies is a great opportunity to make money. I think that in this case traders or those who play to lower the price win. In any case, there are always those who better refrain from trading in a bear market, and there are those who can profit from any situation. Here, what kind of experience you have and how you can apply it in a given situation already plays a role. I’m a bull market or a bear market, I’m still trying to make money on cryptocurrencies.

It really has a pressure on trading when the market is in bear season and only the experts could make a good profit while the rest are at loss.

And while waiting for the market to recover, it is better to take this opportunity to accumulate more potential altcoins. If we hold them, it for sure we are rewarded in the future but I don't suggest taking a loan for this sake coz that might be the reason why you fail to hold until the next ATH.

Yeah right  to hard to deal with pressure brought by heavy loss especially if we bought ours at  the peak, but we can  ease the pressure if we are long term holder and doesn't care about what currently happening now but this kind of things only happen on whales but for low  cap users for sure mostly thy will fail since they cannot take to see how market drops so hard. And this panicking in some issues is good  to be our basis since this could make us away to sold earlier and possibly can lift us back when market recovers.

Majority is been saying just like it was just an easy thing to be done but honestly its not really that simple when it comes to that because emotion is your main enemy here.You dont like too see your portfolio is dropping
and if you arent a long term holder then you would really be minding on how you would break even your investment that had been made or able to get out in the market when its too late already.
Dealing with bear market is something that cant really be done easily if you dont have much experience on this industry.You would normally freak out and panic sell but once you are aware
on how this market behaves then you do at least have the idea on what to do in times like these.

[DarkDays]

Twitter influencers are more than 4 years ago, they usually make lots of wrong predictions in the bear and most of them just go quiet than post.

This is also true for well-known and professional traders such as Tone Vays. They are also 45% - 49% wrong with their trades, but make their money with the 1% - 5% where they are more often right than wrong (and of course with the "premium subscriptions" ...).

Well, this type of selected silence is common across the entire industry. Everybody likes to draw your attention to times when they were right but when they're predictions are completely off they keep quiet, and that's most of the time because bull markets are much shorter than bears.

The best way to cope in bear markets is to acquire knowledge and only invest in the super strong projects. Nothing else matters.

[coiner-88]

It will promptly diminish the pressure because of the market going down, and return again when the market recuperates soon. I heard news in instagram. Presently I just trust news that spread in this discussion since individuals who spread the word in this gathering are more acquainted with digital money world not at all like individuals in instagram who just looking for consideration and adherent.

[slaman29]

And what is the right thing to do? If you missed the opportunity to sell the top, the only good option is to continue holding!

It all depends on your expectations and your original targets (that's right, people actually need to set targets, that's the problem). And if your target is to not lose more than a certain amount, then you let stop loss take the hit. That's what trading is all about. Entry and exit. You're doomed if you only think of profit exits, then you might as well just gamble.

The good trader knows he always has a risk and sometimes that risk means taking a hit. Otherwise you become a holder, and then give up trading.

[redsun114]

The best way to cope in bear markets is to acquire knowledge and only invest in the super strong projects.

Yeah, this is the reason all long term bitcoiners are never bothering bear markets; I do see at least 90% of high rank people of this forum always emphasizing about investing only into bitcoin along with long term plans. If newbies do follow such recommendations then I guess that we do not need this kind of discussion at all.

The good trader knows he always has a risk and sometimes that risk means taking a hit. Otherwise you become a holder, and then give up trading.

After bitcoin, I guess most traders have turned as investors rather than encountering those 'hit' time to time. "Only investing" must be a good way to deal with bear markets in my opinion as well.

[Lakai01]

I do see at least 90% of high rank people of this forum always emphasizing about investing only into bitcoin along with long term plans.
-snip-

There are also some very well known traders (philakonecrypto) and crytpo celebrities (e.g. Charles Hoskinson) who have accounts here, but probably they don't really use the forum anymore.

Especially traders nowadays reach their target audience much easier via social media like Twitter. Just look at how many followers philakonecrypto has on Twitter, with one tweet probably more people read his predictions and trades than ever read his posts here in the forum

[darewaller]

After bitcoin, I guess most traders have turned as investors rather than encountering those 'hit' time to time. "Only investing" must be a good way to deal with bear markets in my opinion as well.

Honestly, with bitcoin investments I have stopped my trading some long time back itself. I was a forex and commodity trader and I was struggling with lots of losses by the times of 2010 but after I was introduced into bitcoin and started learning about the fundamentals of bitcoin, I understood any investment will be more than enough for me to lead my entire life without having to trade any more. This way I stopped trading and I skipped all my struggles while dealing against bear markets.

In forex and commodity markets, we can make money even in bear markets but that are seeming too hard now when I compare how effectively we can make easy money out of bitcoin investments every four years.

[beerlover]

A trader must know when the right time to enter and exit, in contrast to inventors who only sell according to a specified target. Therefore, it is very reasonable for traders to use stop-losses to minimize the amount of losses, It is true that trading is not only ready to make a profit, but also ready to face losses. Most importantly, the amount of profit earned must be greater than the losses experienced. Good traders must be able to analyze the market well, so as not to be speculators. So if we can plan a strategy well, so that it is easy to become a successful trader, by collecting as much profit as possible.

This is exactly why being an investor is a lot easier. All I have to do is buy at the right time and wait, I can wait over a year if I want to, I do not have to check the prices every 5 minutes, I check them once a day and that is more than enough for me I do not need to recheck it because that is all that I need.

The bad part about being a long term investor is that you end up seeing huge moves while you do nothing, like I bought some under 10k and didn't sell any, I could have sold over 60k and bought back at 30k and could have owned 2x more bitcoins and that is the part where being a long term investor is a big challenge, you end up seeing big moves and some of us act on it and others just watch it.

Trader on the other hand could lose a ton of money during these moves, or could make a ton of money as well, it all depends on the talent, it requires more talent and knowledge than being an investor and it requires a lot more work.

[aysg76]

If you are not dealing in intra-day trade then definitely you can go off the radars for few time and ignore the market charts which can boggle your mind at some point and you might loose to the market which can cause you to panic sell.The best is to invest whatever amount you want to invest at any right time you want to do and then just do not watch all the red lines and do not have bearish impact on your mind and hodl for the long time and just do enjoy your life and get high profits.Good points mentioned by you overall and if we follow any 2-3 points for our investments.

[xSkylarx]

If you're new in crypto, dealing wirh bear market is really difficult at the beginning. You think that you are the most unluckiest person in the world to experience that and you won't be able to recover your loss anymore. Overcoming these experiences will greatly help your mindset when bear market occurs again. You will know what is the best thing to do or avoid. Bear markets don't last forever, if we have strong mind to hold our coin and not be affected by the fuds spreading then bear market won't be a problem to us.

[carlfebz2]

While in a bear market, I limit in looking for my investment so I dont need to think anything, I dont have any plans to sell during the bear season because I am already at a loss so what's the point of selling if you can keep holding it and no one can say what will happen in the next another day, I know that it can still recover and my I vestment will grow as well.

If you don't need that money it's good to stop looking on it, there's a high chance that fear will move you if you keep
seeing the value of your asset,

and logically right that there's no sense selling your coin after seeing that the value is far lesser from the original,
waiting game while the bear is dominating the market.

Im doing the same thing on where dont look into the market on active manner and if you dont actually dont need money or wont really into those investment then better having this kind of habit.

The more that you do check out from time to time the more the risk on making out bad decisions that you could possibly make because when emotion do sits in then it would really be hard to

control if you arent that strong self-willed into your investment. Dealing with bear market isnt something simple as it sounds and this is why this will vary on each person when it comes to decision.

[ReiMomo]

I guess it doesn't matter if there's a bear or bull market once you already invested in bitcoin. If you have been purchased bitcoin at a high price and then it suddenly down, of course, there's a loss if you are going to sell what you have invested under the price where you purchase. How to deal with a bear market is just to hold your asset and never sell because if there is no selling execution there is no loss at all.

People with a panic selling emotion is a sign that they can't deal with the market properly. So sad to them.

[Vaculin]

The bear season is a huge challenge and many are quitting when seeing their portfolio is declining, that actually disappointing. But I don't think it is a need for us to quit but rather have to think that it will back to the bullish season. This is not new actually, dump and pump, we are like riding in a roller coaster.

It is very simple on how to interact with this bear market,
*keep calm and avoid checking the market constantly coz that really gives the influence to your mind and could give you frustraion. To enjoy some activities will give us the opportunity to divert our minds instead of focusing on the market.

[so98nn]

May be one should also be more technical than just having generalised protections against selling our stuff. I would usually convert the crypto into stable coins and also the local currency but do not withdraw the money. I mean fiat or stablecoin, does not matter as long as you are not freaking out and withdrawing all the money into bank account. That would be loss!
Once I see that the crypto market has gone wildly bearish then I will buy with the same fiat. This restructures my new entry point into the market. Technically speaking after wild bear trend the bull follows no matter what and thus it can boost my profitability pretty high.
But definitely, we can do this only if we can control our emotions of not selling the stuff forever.

[jaberwock]

The bear season is a huge challenge and many are quitting when seeing their portfolio is declining, that actually disappointing. But I don't think it is a need for us to quit but rather have to think that it will back to the bullish season.

When you start experiencing negative growth with your portfolio then that is the time for switching over to your psychological skills from your technical skills. This is the reason, OP is sounding more psychological rather than being technical nor fundamental for effective dealing against bear market.

"Only investing" must be a good way to deal with bear markets in my opinion as well.

Still I will prefer going in diversification way, like rather than only investing, I will go 10% of my networth in active trading and another 10% in mid-term trading and remaining alone for long term holding. Basically I love to trade proactively which means dealing against bear will make me prepared to go stronger with bulls as well.

[Kittygalore]

My way of coping with bear markets is that I will just condition myself into thinking that it's just a temporary thing and that bitcoin has proven already that it can bounce back higher than expected from it's lowest times. So far it's working and I haven't sold a lot yet, and most of the selling that I did are profit.

[so98nn]

[...]

When you start experiencing negative growth with your portfolio then that is the time for switching over to your psychological skills from your technical skills. This is the reason, OP is sounding more psychological rather than being technical nor fundamental for effective dealing against bear market.

Yeah, the lethargy in the portfolio could be worst hit by the psychological thinking. I mean believing in some coins from the bottom of heart and telling yourself that this is the upcoming bitcoin is kinda absurd. I have seen and read people talking about such grim reality. You have to be more specific with the project, its applications, current and future updates.

[...]

Still I will prefer going in diversification way, like rather than only investing, I will go 10% of my networth in active trading and another 10% in mid-term trading and remaining alone for long term holding. Basically I love to trade proactively which means dealing against bear will make me prepared to go stronger with bulls as well.

I like it, 80% going into the long term holding means a lot. We can help stabilise the buy and sell through this method and still stake the funds in the live trading with those 10%. Better get a cold storage wallet rather than throwing away the apps and stuff as OP mentioned. 

[slaman29]

The good trader knows he always has a risk and sometimes that risk means taking a hit. Otherwise you become a holder, and then give up trading.

After bitcoin, I guess most traders have turned as investors rather than encountering those 'hit' time to time. "Only investing" must be a good way to deal with bear markets in my opinion as well.

I don't know about that. I think holders have always started with the idea to hold, and then they maybe just try trading only and then get bitten when they lose (take me as an example). Traders themselves are also a really different kind of animal too and I've experienced them before crypto, forex especially. They don't think or like long term:)

[bitcub]

If you want to earn in a bear market, you can use the bitcoin futures where you can bet on the downward movement of price as well on price bounce on resistance levels.

[imstillthebest]

1.) secure your crypto -

we dont need to wait for a bear before we do it but we should do it at the begining . we need to find a wallet or an exchange that is safe and follow the proper guidlines of handling a crypto

3) Uninstall all the crypto price apps -

this could be bad but we need this to monitor the market if the bear is over and bulls are back  .

5) Block all the haters -

i wont block them but i will let them see that im not affected on the bear . this made me hodl stronger

7) Enjoy life - And always remember life is too short. Enjoy it. -

life is too short to worry . we should take things easy and not too serious .

[darewaller]

3) Uninstall all the crypto price apps - During a bear market the worst thing you can do is regularly check the prices. You can be having the best day of your life and one look at the price will ruin it for you. Uninstall those price alerts and try to avoid checking the price.

I don't think closing your eyes or turning your back towards a speeding train coming in your direction can save you. I mean, you can avoid trouble if you stop checking for prices but as a serious trader, it is better to check the prices and make the best possible action based on that.

Someone holding dogecoins in their wallet uninstalling all the price apps and everything is a sitting fool in my opinion.

The best thing one can and should do during a bear market is actually analyzing their assets/tokens and ensure they don't have any hype coins because, during bear runs, the tokens that are hit hardest are those which serve no purpose and are only surviving because of their hype.

[doomloop]

It is very important to secure your cryptocurrency at times like this and know whether you will be ready to HODL for a long time or just sell it. When the bear market starts, you’re always going to see people who will start making random predictions that prices will go up very huge again, but I don’t believe such news.

I always try to be very careful when the market is like this, and I either decide that I am going to HODL for years or I am going to sell or convert the coins  to be able to save value for myself. Because, I know very well that when the market crashes like this it is going to take years before it goes up, although I do know that a miracle can happen at any time.

[jostorres]

If you want to earn in a bear market, you can use the bitcoin futures where you can bet on the downward movement of price as well on price bounce on resistance levels.

I think you mean shorting bitcoins which means selling the bitcoins at a higher price by borrowing them from the exchange at the current price and repaying back when the price has dropped further. It's not a bad strategy but usually when the market is down, the expectation is that the market will move upwards. For people who don't know what shorting is and how it works, I will give you a small example.

You had let's say $3k USDT in your exchange wallet
You borrow 0.1 BTC at the current market price, let's assume the current price is $30k so you got 0.1 BTC and you sold them at current market price.
You wait for the market to drop and let it drops to $25k
You buy back 0.1 BTC and pay the exchange back 0.1 BTC you borrowed.

So basically you sold @30k and paid them back @25k which means you made easy profits but again it's not that simple because the market can go up.

[Questat]

If you want to earn in a bear market, you can use the bitcoin futures where you can bet on the downward movement of price as well on price bounce on resistance levels.

That's another good suggestion but still consider the risk and this requires the skills to be able to succeed.

For me, I would stick to the old strategy and yet an effective one, and that is by simply accumulating and hold it until the next bull run will come.
This is the easiest and it does not require skills to do it successfully, just basic knowledge in choosing the right coin to hold, then everything will be good.

[rhodelmabanal]

If you want to earn in a bear market, you can use the bitcoin futures where you can bet on the downward movement of price as well on price bounce on resistance levels.

That's another good suggestion but still consider the risk and this requires the skills to be able to succeed.

For me, I would stick to the old strategy and yet an effective one, and that is by simply accumulating and hold it until the next bull run will come.
This is the easiest and it does not require skills to do it successfully, just basic knowledge in choosing the right coin to hold, then everything will be good.

I agree on that I believe that holding is really a good way to earn a huge amount of profit. But it really require patience to become successful on holding. If we are in bear market we can really buy a lot of coins because we only need a small capital but buying in bear market will never become successful if we cannot hold it till market become bullish again.

[el kaka22]

Best way to handle it is by not handling it at all. Just wait for it to pass. If you have bitcoin then just do not sell it, wait, and eventually even if it is 3 years that means you will still profit, and just keep on waiting, if you could buy some more to drop your average that will be even better.

If you are not interested in that then just keep on waiting without buying and that will be good as well. What is the alternative? Just selling it and trying to become some expert trader who will buy low and sell high and make the right trade every single time? If you are not one already then it is very hard for you to become one now. If you do not have bitcoin however, I would advise getting some nowadays, do not put 100% all your money into bitcoin right away, but I would put about 10% just in case, that way you could buy more if it drops more, and sell and make small profit it goes up.

[nowlscor18]

If you want to earn in a bear market, you can use the bitcoin futures where you can bet on the downward movement of price as well on price bounce on resistance levels.

A bear market is simply a period in time in which stock market prices are falling. Simple as that. You get recessions, you have stock market declines. If you don’t understand that’s going to happen, then you’re not ready, you won’t do well in the markets. If you want to earn in a bear market, I suggest you to hold you coins or else try to buy. Its better to have a zero profit or interest this time than not having profit in the future. Remember, investing is only one piece of your financial picture. Wait for the good price in the future instead of taking risk during downfall with a small profit and nothing else happen.

[Mahanton]

If you want to earn in a bear market, you can use the bitcoin futures where you can bet on the downward movement of price as well on price bounce on resistance levels.

A bear market is simply a period in time in which stock market prices are falling. Simple as that. You get recessions, you have stock market declines. If you don’t understand that’s going to happen, then you’re not ready, you won’t do well in the markets. If you want to earn in a bear market, I suggest you to hold you coins or else try to buy. Its better to have a zero profit or interest this time than not having profit in the future. Remember, investing is only one piece of your financial picture. Wait for the good price in the future instead of taking risk during downfall with a small profit and nothing else happen.

A market would really have bear and bull market or trend because lacking one of these things would simply shows up that you arent dealing with a legit market.
There would always comes a time on where market turns out to be red or simply the price are on the floor and later on it would make out some significant movement
which would result into change of trend which is from bearish to bullish or bullish to bearish and this is where traders do make money out of those movements because
you cant really make one if there would be no movement at all.So get used to it and on how this market works.Your primary aim or goal is to make profits no matter
what the trend is.

[Yamifoud]

A market would really have bear and bull market or trend because lacking one of these things would simply shows up that you arent dealing with a legit market.
There would always comes a time on where market turns out to be red or simply the price are on the floor and later on it would make out some significant movement
which would result into change of trend which is from bearish to bullish or bullish to bearish and this is where traders do make money out of those movements because
you cant really make one if there would be no movement at all.So get used to it and on how this market works.Your primary aim or goal is to make profits no matter
what the trend is.

That all it means that we made a decision to adjust, not by sending complaints because we don't understand the situation. If that will be the case, we're not dealing with any high risk anymore which supposed a thing that is gonna be happening in crypto.
If can barely understand the market trend, we're not winning but we just put ourselves to a big question WHY this gonna happen. Or else, we are stepping away from here and look for another. That is why crypto investment isn't for everyone and this is only for those who would like to adjust and care to understand the behavior of the market.

[LUCKMCFLY]

I have a way of seeing the market in two ways:

1.- Buy cheap and wait for the price to rise (when BTC rises, most alts do) if so, the gains are very large.

2.- Go to the Stock Market and wait for the best moment to go Short and win with the fall.

Both procedures are very good for those who obviously do not have fearful thoughts and who are more daring, also that if they are accompanied by going short with leverage it would be a greater profit, but with much more risk, in this way I see a bear market and that I can get a lot out of it.

The advantage that exists in this case is that in a relatively bearish market, those people who make their operations with leverage their fees are lower or even in some exchanges they do not charge, on the other hand, if a leverage is put in LONG the fees are more expensive and also the movements in LONG usually take longer to occur.

[btc78]

 

3) Uninstall all the crypto price apps - During a bear market the worst thing you can do is regularly check the prices. You can be having the best day of your life and one look at the price will ruin it for you. Uninstall those price alerts and try to avoid checking the price.

This is one that i support mate , I keep on Deleting or uninstalling the price apps when bear comes to market .

i also wanted to Stay away from price monitoring because this will lure me to panicking .

4) Avoid crypto twitter - CT is worst place to be during a bear market. Everyone bashes each other and the memes are not as funny when the price is tanking. Overall its a sad place to be during a bear market and it will negatively impact your mood.

Suck twitter .. this is the shittest place to check..

5) Block all the haters - We all have a few people who can't stand to see us happy. It could be a "friend", a family member or even an ex. Block these people and don't give them the opportunity to laugh in your face during heavy sell-off.

I already did mate and thanks for reminding me that i also need to block some now as they are active sending fud in this market.

[Sled]

In this unpredictable situation, the only way to handle this is to always look for an opportunity.
Buy during the dip, people are saying that and this is the right time. We are not going to expect another $4k for BTC, $200 for ETH, maybe we just die waiting for it.

That all it means that we made a decision to adjust, not by sending complaints because we don't understand the situation. If that will be the case, we're not dealing with any high risk anymore which supposed a thing that is gonna be happening in crypto.
If can barely understand the market trend, we're not winning but we just put ourselves to a big question WHY this gonna happen. Or else, we are stepping away from here and look for another. That is why crypto investment isn't for everyone and this is only for those who would like to adjust and care to understand the behavior of the market.

It's for soemone who are willing to take the risk from the opportunities that this venue of investment is offering, not all can
do and see how the money is being sucked,

But to those who see this as chances to buy more and wait till the market bounce back, they are the one who really gained the
benefits out from this market.

Some people are seeing this a chance but wonder why they just quit after suffering losses? For me, this is not a matter of chance but this for those who are willing to take risks and wanted to improve their life.  I know that not all meant for here and I don't encourage people to make an investment if in their minds are full of negativity.

[Japinat]

I generally decide to tie down my resources by changing them over to fiat or some steady coin. What's more, to dissipate the questions or frenzy that hit, possibly requiring a couple of days holiday will make us new. Presently I just trust news that spread in this gathering since individuals who spread the word in this discussion are more acquainted with cryptographic money world dissimilar to individuals in instagram who just looking for consideration and adherent.

We will read more accurate news and prediction in the forum, it's a discussion of traders and investors, we are sharing our honest and personal views and experience here and we are lucky our community has a lot of experts who are never tired of sharing their ideas about the current situation and it's future effect.

[slaman29]

Traders themselves are also a really different kind of animal too and I've experienced them before crypto, forex especially. They don't think or like long term:)

for those who have understood forex trading before, of course not too surprised by the bitcoin market, at least both have differences in their fluctuations, in bitcoin trading high fluctuations can provide big profits in the short term, and that means the risk is also directly proportional. but for me when the market is bearish like this it is better to start investing in several prices

Well, I was just referring to the mentality of those kind of flash traders that absolutely cannot think long term. For them, a long period is a month! They prefer seconds, minutes, so they love the volatility of forex during news breaks and events, and that's exactly what attracts that type of person to crypto, even crazier fluctuations at many more times the magnitude.

And often, not even really down to any type of news or event!

[Distinctin]

To deal with the bear market is a little bit challenging compared when dealing with the bull market. It is some times our patience has to be tested for its limitation and more often we breach our plan about holding. Impatient people more often to sell coz in their mind is full of negativity.

To keep calm and forget about the market which I think will works from getting into the temptation of selling. I did this before but honestly, it is really hard for the reason that we made ourselves being updated to the current market situation. But if we truly committed ourselves to hold, we surely overcome the market stress.

[Tahsin Kabir Kollol]

I agree with your opinion in many cases and these are very effective.  In a bear market, I always secure my assets by converting them to fiat. This results in a fair amount of total assets and increases the likelihood of making a profit by repurchasing from a low market position. Investors fall into indecision by repeatedly monitoring the market situation when the market is down. In many cases, it is seen that the market goes down a bit and goes up again and is able to achieve big growth. Repeatedly looking at portfolios, many sell their cryptocurrencies, leaving them frustrated when the market grows later. Therefore, investment decisions need to be made by effectively implementing the measures outlined in the downtrend market and be risk-free investment enthusiasts.

[shield132]

I think that the best way to deal with bear markets is to just use futures trading. Idk it's often ignored especially when it gives you the possibility to open a short position and choose desirable leverage up to 100 and more, depending on the exchange and the coin.

When bitcoin started fall after Musk's statement + China's announcement of the mining ban, you could immediately sell your coins and open a short position on futures trading section. I think it's 100x better option than just holding unless you truly support the project or don't care much about maximizing the gains.

[perfect999]

I like some points mentioned in OP while I disagree with some.

Secure your crypto

That is something we must do even when the market is bull because no control over your private keys means the coins are not yours yet.

Decide DCA strategy

Agreed. I think during the bear run, we must load as many bitcoins as we possibly can because when the bull run starts it hurts not buying when the market was down.

Uninstall all the crypto price apps

Maybe not a bad idea because overthinking is a problem when we are feeling bad and these notifications the price dropped another 1% only brings more negativity in the mind.

Block all the haters

I don't agree here because these haters are as important as are supporters of the market. I am not saying you should listen to haters but they give some good idea of why the market may go down. Critics are important in almost every sector.

Enjoy life

Yeah, one can spend more time with family when they have nothing much to do and a bear run is concerning them.

[andriarto]

I agree with your opinion in many cases and these are very effective.  In a bear market, I always secure my assets by converting them to fiat. This results in a fair amount of total assets and increases the likelihood of making a profit by repurchasing from a low market position. Investors fall into indecision by repeatedly monitoring the market situation when the market is down. In many cases, it is seen that the market goes down a bit and goes up again and is able to achieve big growth. Repeatedly looking at portfolios, many sell their cryptocurrencies, leaving them frustrated when the market grows later. Therefore, investment decisions need to be made by effectively implementing the measures outlined in the downtrend market and be risk-free investment enthusiasts.

the same as what I did, only I cashed it in usdt, so we are on standby to see the market, if the price enters the buying area that we have planned. Even then, I still open another pending order if the market moves back down. In this way I hope to minimize risk and it is possible to get the best price, because we buy gradually

[TheGreatPython]

I agree with your opinion in many cases and these are very effective.  In a bear market, I always secure my assets by converting them to fiat. This results in a fair amount of total assets and increases the likelihood of making a profit by repurchasing from a low market position. Investors fall into indecision by repeatedly monitoring the market situation when the market is down. In many cases, it is seen that the market goes down a bit and goes up again and is able to achieve big growth. Repeatedly looking at portfolios, many sell their cryptocurrencies, leaving them frustrated when the market grows later. Therefore, investment decisions need to be made by effectively implementing the measures outlined in the downtrend market and be risk-free investment enthusiasts.

If you convert your coins into fiat or stable coins during a bear market, it already means you are at loss effectively. You may get a chance to buy them at a later point for even cheaper prices but it may also mean that you ended up selling at the already lowest point because, in crypto, no one can ever predict what's the bottom and peak prices are going to be for bitcoin.

I usually look away from the market when the market is going down or as many call it, a bear market is happening. The best thing like even mentioned in OP is to look away from the market and any applications you have for price monitoring should be neglected at all costs. I don't usually leave funds in exchange for a long time but when the market is down and I know I am not going to sell my coins anytime soon, I usually withdraw them to my trust wallet.

[doomloop]

I think that the best way to deal with bear markets is to just use futures trading. Idk it's often ignored especially when it gives you the possibility to open a short position and choose desirable leverage up to 100 and more, depending on the exchange and the coin.

Not a bad option, indeed. But the problem and probably the reason why most traders fear futures is because even though the market is bearish and you know it should go down even more, it can always spike higher and you will either need to deposit more to save your position or just watch your funds get liquidated because with 100x you will get liquidated at 1% of the hike, I believe.

When bitcoin started fall after Musk's statement + China's announcement of the mining ban, you could immediately sell your coins and open a short position on futures trading section. I think it's 100x better option than just holding unless you truly support the project or don't care much about maximizing the gains.

That's true but again the point remains, it's risky given the market moves up and down constantly and even during a bearish market, it can swing in either direction. Maybe a 10x is a safer option given the small hikes won't increase the price by 10% when such news is being spread like China banning crypto mining and Musk already causing problems by those energy consumption comments.

[Ziskinberg]

I agree with your opinion in many cases and these are very effective.  In a bear market, I always secure my assets by converting them to fiat. This results in a fair amount of total assets and increases the likelihood of making a profit by repurchasing from a low market position. Investors fall into indecision by repeatedly monitoring the market situation when the market is down. In many cases, it is seen that the market goes down a bit and goes up again and is able to achieve big growth. Repeatedly looking at portfolios, many sell their cryptocurrencies, leaving them frustrated when the market grows later. Therefore, investment decisions need to be made by effectively implementing the measures outlined in the downtrend market and be risk-free investment enthusiasts.

the same as what I did, only I cashed it in usdt, so we are on standby to see the market, if the price enters the buying area that we have planned. Even then, I still open another pending order if the market moves back down. In this way I hope to minimize risk and it is possible to get the best price, because we buy gradually

Great strategy, you don't need to invest everything now though the price has already dipped as we might see another dump soon since the market is really struggling. The bull run is over, so most likely the downtrend will continue, just like when you are selling, you also need the patience to buy at the right time.

[travwill]

Personally, I really love the bear market, it is difficult to make money on it, there are no new ideas that can push the market forward, everyone is depressed and no one knows what will happen next.
However, it is in such a market that the most profitable opportunities open up in the medium and long term.

[dimonstration]

Personally, I really love the bear market, it is difficult to make money on it, there are no new ideas that can push the market forward, everyone is depressed and no one knows what will happen next.
However, it is in such a market that the most profitable opportunities open up in the medium and long term.

Only few would love the bear market, those who have money to buy more and those who still able to trade by buying any alts that can possibly earn even in minimal value or who will not mind how long can it takes for profit. Mostly many needs some quality ways to earn when there is bull market as they take profit to help for a living pr to sustain their other investments.

[Hypnosis00]

Personally, I really love the bear market, it is difficult to make money on it, there are no new ideas that can push the market forward, everyone is depressed and no one knows what will happen next.
However, it is in such a market that the most profitable opportunities open up in the medium and long term.

Exactly, but please be reminded that still we need to be careful in choosing them as we know that some just dump and never rise again like shitcoins. By choosing coins to buy it is a need to consider not only the price itself but just to a look also if this coin/s has the potentials otherwise you will regret later.
 
Hold and buy more...were selling is optional as for the investors but as a trader, the life continues (buy and sell). It gonna be a difficult situation and risky, and this needs more on TA's rather than having a wild guess.

[Tervelatuk]

bearish market should be another opportunity for us. in crypto market we could make double direction position. In bullish we could open sell and in bearish we could se futures trading feature to open transaction. there is no limitation for earning profits as long as we have good trading sell. Daily trade will be fun for us to earn money.

[Xhong54]

I think I strongly agree. As a trader,once I open a position on the direction,the best thing is to keep off the computer otherwise you may end up being swayed by the crowds. Herd mentality is dangerous when in the market

[DarkDays]

The best way I found to deal with bear markets is to be extra cautious when it comes to investments, specially new ones, and rather turn to a more knowledge accumulation mode.

Bear markets is typically where an unexperienced trader can lose it all, so it is best to be patient and wait until there's a clear green sign. Meanwhile, building the skills and connections needed for the market is something I tend to focus on more. Nothing can be more important than educating yourself.