Are you trying to find financial freedom through crypto assets when the market is rough? We are not going to go through a multi-year bear market.
It is still possible to have a rebound at some point and head back in the direction that we want to go by the end of this year. But that is highly improbable. Let’s have a look at 3 ways to survive a Bitcoin bear market in 2022.
Patient
The first thing you have to do to survive a bear market is to have to be patient. You have to understand that this is not a quick process. This is a long game with the excitement and the thrill of the price is going up when people come into the market.
They’re super excited and then when the prices are going down, they can’t really handle it anymore. The last one standing is the winner.
Realistic
The second way is you have to be realistic. Things that make people really struggle within a bear market are you will constantly hear stories of Bitcoin going to $100,000 or $200,000. Ethereum is gonna have a massive comeback and it’s gonna have a massive rally, you’re gonna hear this stuff.
Be realistic! There’s a chance it can go down. What you have to keep that in mind is when the chart becomes a good pattern, it’s time to say yes and when is it likely no, the answer is no.
Paying attention and accumulate
The third thing that you can do to survive a bear market and the most important is to pay attention and accumulate. When you see the price of certain altcoins down 70%, it’s a tasty opportunity. But you have to pay attention you have to know when is the time to jump in, stay focused, pay attention to that investment and take the best chance.
People who are not angry today are the people that have been buying in since 2020 and before because it doesn’t matter where Bitcoin goes you’re still massively in profit. You have to pay attention you have to pick those coins. Projects that were really moving towards the end of this market that you missed out on.
You have an opportunity to go back in and accumulate these at really low prices what are good price points for these to start accumulating out in a bear market.
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Read more:
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