How to Overcome a Bear Market in Cryptocurrency

[DanWalker]

Also, having two or more source of income is a good move in order to peacefully sleep at night waiting for the bear market finally over.

Certainly, diversifying income sources is something everyone should do, not just focus on any one market. Life is full of surprises so we never know what tomorrow will bring, so always have a backup plan for yourself.

To me, the bear market is when we focus on other jobs outside to increase income and find ways to accumulate potential coins. Prepare for a bullseason, where we will reap the rewards of what has been accumulated during the bear season.

[blockman]

Also, having two or more source of income is a good move in order to peacefully sleep at night waiting for the bear market finally over.

Bear market or not, it's been the best option to have more than one source of income. You get to have passive and active income, as you trade, you'll just leave your capital there and let the market work on it. You can hold, cut loss and sell when it's on profit.
But it takes time before you get to sell unless the timing is perfect and there. There are traders that are doing it full time and they're making a living from it knowing how the market moves and with their skills as technical analysts, knowing how to read the lines and graphs, it gives advantage to them.

[teddybear]

How to Overcome a Bear Market in Cryptocurrency
This are just small tips on how to manage bear , when it comes to bear people are always scared of losing money scared of taking risk while some use it as an opportunity to make more fortune once they can hold while some become broke , selling during bear losing much amount of funds due to reasons some taking loan to invest e.t.c and so many other reason so am going to share some tips on how to overcome or manage bear.

-Remember that cryptocurrency markets are dynamic
If you look back in history bear always follow after the bullish experienced  and the market is always made up of four phases which are the
1-accumilation
2-makeup
3-distribution
4-markdown

-During market lulls, enlighten self.
During this period of experiencing bear learn more about crytocurrencies and also blockchain technology and also do more research on projects you considering to invest there are different platforms and books you can learn from during this period.

-Leave the graphs alone.
Once you keep steering at the charts then you start thinking and start worrying whether to hold or sell, put the charts away and set parameters  when to buy and when to sell it also helps.

-Take into account the long term goal . (HODL)
Think of the profits you will make when the price goes up when dealing with crypto you have a target once you want to go into trading of any form of investment holding for a long time is actually a good one and concluding during this experience make sure you are active  and educate your self more  , on things and guidelines that will help you succeed in any of the seasons either bear or bull.
   
Each and every factor influence the crypto market so we definitely see big fluctuations like ups and downs but try to follow daily updates and a must have a capability to take quick decisions and make it right....

[Shasha80]

Also, having two or more source of income is a good move in order to peacefully sleep at night waiting for the bear market finally over.

Bear market or not, it's been the best option to have more than one source of income. You get to have passive and active income, as you trade, you'll just leave your capital there and let the market work on it. You can hold, cut loss and sell when it's on profit.
But it takes time before you get to sell unless the timing is perfect and there. There are traders that are doing it full time and they're making a living from it knowing how the market moves and with their skills as technical analysts, knowing how to read the lines and graphs, it gives advantage to them.

We are very lucky if we are among those who have succeeded in making crypto trading a full time job, because as we know the reality is that more
people make crypto trading a side job. Because it is not easy to make a profit that continues when trading, so it will be much safer we have more than
one source of income. Especially if like me the amount of loss is more than the profit I make when trading. For me having a steady income job is a must,
so I never worry when the bear market is not over. I usually just hold potential coins when a bear market until a bull market comes, or sometimes
try my luck with a few short-term trades.

[GeorgeJohn]

No trader who is not afraid of bearish market or bearish time, because it's well known that anytime theirs bearish market many people venture into lose, another the only remedy to not been into negative part in their is occurrence of bearish season, is that, we have to be conscious of the conversion of some of our investment to stablecoins, so that the market will not go away with our investment, and secondly investment is good to those coins that have a potentiality.

[danherbias07]

-Take into account the long term goal . (HODL)
Think of the profits you will make when the price goes up when dealing with crypto you have a target once you want to go into trading of any form of investment holding for a long time is actually a good one and concluding during this experience make sure you are active  and educate your self more  , on things and guidelines that will help you succeed in any of the seasons either bear or bull.

I love this last thing to do. If you really have no choice, just HODL it. Don't mess around and imagine things like you want to get back that money in a short span of time. Let it go. Be patient. If you trusted the coin that you bought then there should not be a single worry about it going back up again.

Start something new if you are willing to invest more and take another risk. Forcing the older investment to create some money may be impossible because you are aiming at a higher goal or the ROI. But what if it's brand new? Mentally if you make profits out of the cheap price now it will feel a lot better and you will start forgetting about the old one until it's back to its bull market again.

[Dragonfund]

one way is not to buy, and wait until the price really bottoms out,
because in a bear market it is very difficult to predict the price of bitcoin and altcoin,
because the market when it is bearish will be very volatile.

If you want to buy, make sure you are buying it gradually, you may never catch the bottom if you wait for the market to bottom out. If you have $100 for example and you want to buy a token that is at $0.1, if there is a market sell, you have to allow the price to fall in the range of $0.09, $0.08 and $0.07 if the price ever fall down to that range, that is the best opportunity to buy them.
The bear market presents a new opportunity for everyone to get coins at a low price and hodl till the next bear market but people don't know the importance of low price until the market starts to pump again and they start regretting for not buying cheap.

[darewaller]

Smart people do this but since the majority of crypto traders is dumb, They keep buying whenever the market is recovering and think bear market is already coming despite there’s no enough confirmation for the actual reversal. Whales is feeding on this fools money which keeps repeating the cycle until there’s no new money coming from retail traders to feed the whales that result to sharp dump.

 People should really know when to pause buying crypto and focus on saving fiat to be prepared for the upcoming of real bullrun that is not coming anytime soon.

I wouldn't want to be mean and say that majority of the crypto people are dump . But, I can say that they are ignorant about the subject. Dumb and ignorant are two different things, like I am ignorant about baseball and do not know the rules of it, doesn't mean that I am dumb, but also I am not risking my money on playing baseball neither. So at the end of the day, people who are ignorant about the market do not know what they are doing and yet they are doing it anyway.

So, if they just stopped, and then started to study and learn and understand the market very well, I am sure they are smart enough to understand it and not dumb people. This will allow them to make a profit as well.

[Russlenat]

It's everybody's long game, for sure. The critical part of having to HODL is that you should consider everything to ensure that you are doing the right thing with everyone. Like how you can mentally overcome the disastrous thing that could happen if you think about your portfolio too much. It will take a toll on you, and that's not a good thing for sure.

Just believe that you want something in the long run that you want to profit from but for now, just accumulate.

If you consider long term goals in crypto market, then never be bothered at all when the market falls into bearish condition. You can experience dropping of your portfolio value while seeing the market in a bloody condition, but everything is temporary so expect that the prices will never remain low all the time. And always think that the bear market is  another opportunity to invest, so instead of worrying, learn to overcome the bear market by accumulating potential coins that will hit huge prices in the future. That way, your worries will turn into motivations.

[TelolettOm]

Facing a bear market is not easy for everyone, not all people are referring to long-term investment, for holding. As you said that some people may be very frustrated when they are in the bearish time and they are in the loans. But this is why it is always stated that never use loans to invest in cryptocurrency because these are absolutely very high risks.
for those who are focusing on long term, bearish is the best time to shop more

[bocyaj]

The only way to overcome the bear market is by holding.Holding was the key used by the knowledge crypto traders.After the fall from the 40k dump, their was huge rise and fall in the price of Bitcoin.The price of bitcoin will not fall below the 20k dollars.It leads to the strong acceptance among the investors, the price of Bitcoin was stable with the 20k mark.It's essential one to buy some good coin with current situation.

[samcrypto]

The only way to overcome the bear market is by holding.Holding was the key used by the knowledge crypto traders.After the fall from the 40k dump, their was huge rise and fall in the price of Bitcoin.The price of bitcoin will not fall below the 20k dollars.It leads to the strong acceptance among the investors, the price of Bitcoin was stable with the 20k mark.It's essential one to buy some good coin with current situation.

It’s not always about holding, it is still better if you have your cut loss level which you should always have. Holding good coins might be better but then again, if you are able to cut loss it can minimize your losses and that money can still be used to buy at a cheaper price which I think can give you more profit once the market recovers. Be more wise during the bear market, it’s good to accumulate but accumulate good coins because they are the one who usually survives on a bear market.

[rhomelmabini]

I think it's just easy if you really want not to get frustrated. You only need to stay with stablecoins until you think it's time to go and dive to get some cheap coins in the market. For a full time crypto enthusiasts, I think living within your means is a must so that you can survive until the market it healthy again.

[Silberman]

I think it's just easy if you really want not to get frustrated. You only need to stay with stablecoins until you think it's time to go and dive to get some cheap coins in the market. For a full time crypto enthusiasts, I think living within your means is a must so that you can survive until the market it healthy again.

Not a bad idea however not even stable coins are foolproof, and we can easily see an example of what I'm talking about with what happened with UST, so people need to be very careful at all times when it comes to the place where they decide to invest their money because you only need to make one mistake, one single mistake, in order to lose a great deal of the capital for which you have worked so hard all your life, so we need to exercise as much caution as we can when we make any important movement in the markets.

[crwth]

If you consider long term goals in crypto market, then never be bothered at all when the market falls into bearish condition. You can experience dropping of your portfolio value while seeing the market in a bloody condition, but everything is temporary so expect that the prices will never remain low all the time. And always think that the bear market is  another opportunity to invest, so instead of worrying, learn to overcome the bear market by accumulating potential coins that will hit huge prices in the future. That way, your worries will turn into motivations.

It's going to be problematic to think about it too much because it's not gonna help at all. You are going to be worried about how much you are going to lose instead of focusing on accumulating more. I think that's the part where people make mistakes because they choose to think about the short-term rather than the long-term aspect of their investment. It's all about the mindset for sure.

[Natalim]

The only way to overcome the bear market is by holding.Holding was the key used by the knowledge crypto traders.After the fall from the 40k dump, their was huge rise and fall in the price of Bitcoin.The price of bitcoin will not fall below the 20k dollars.It leads to the strong acceptance among the investors, the price of Bitcoin was stable with the 20k mark.It's essential one to buy some good coin with current situation.

It’s not always about holding, it is still better if you have your cut loss level which you should always have. Holding good coins might be better but then again, if you are able to cut loss it can minimize your losses and that money can still be used to buy at a cheaper price which I think can give you more profit once the market recovers. Be more wise during the bear market, it’s good to accumulate but accumulate good coins because they are the one who usually survives on a bear market.

Many traders are worried about when the bear season comes, of course, the situation isn't really good, and earning was really hard especially if you don't have long market experience. In this situation, it is not just all about controlling our emotions, it is indeed needed to be wise and excellent when making a decision. I'd see many traders had lost their money because of this. That is why if you are not ready enough to face the risk during the bear season, holding is meant for us.

[tomos81]

The price of the cryptocurrency market fluctuates all the time due to which there is a possibility of a red mark followed by a green mark. Because once the price of any coin goes down, the price will go up later Chances are high that's why I'd say that when the price of the cryptocurrency market opens, our portfolio wallet just keeps going down. It should not be surprising if you see it may be normal.

[Mpamaegbu]

-During market lulls, enlighten self.
During this period of experiencing bear learn more about crytocurrencies and also blockchain technology and also do more research on projects you considering to invest there are different platforms and books you can learn from during this period.

Trust me, when the market is severely beaten up, reading is likely going to be the last thing on your mind. It's easier said than done when you're not hodling any investment that's plummeting. Just know it's a different ball game when you're in an investment and your portfolio has dipped drastically. Bear is often characterized by silence, both in the market and in social media groups. Investors get sobered up in loss. It's during a bull rally we often hear of people claiming expertise to have projected the market will rise, not in bears.

-Take into account the long term goal . (HODL)
Think of the profits you will make when the price goes up...

That will depend on the crypto one is hodling. It's not mandatory that every dipped crypto will surely rise. Some even dip and get ruined from it. It's only Bitcoin I can trust on this, to rise after a drastic fall.

[Flexystar]

On a contrary we do not even need to keep reminding us that what was it like in the past. To be a success in the crypto market all we need to understand why it’s growing towards the upper market all the time since it’s singularity.

With this much understanding you can start feeling that all the bear markets in the crypto are just temporary and they do not need to be taken way seriously.

However, they should be taken seriously in terms of one thing - they are pulling the market value down so that you can bag more crypto into your wallet. 

[Stable090]

Whenever their is bear market am always happy because it’s give me opportunity to buy more, the only moment am always angry when their is bear market is whenever I don’t have any money with me that I can use to buy more coin at that moment but I don’t care about the coin am already having in my wallet what I always fight for is to buy more during the bear market, by now the set of people that should panic because of bear market are the newbies that have not experienced it before but for people that have been in cryptocurrency for long time bear market should be a buying opportunity and not to be scared of it.