Millionaires are made in bear markets. 🐻
But some folks don’t know what a bear market even entails, let alone how to navigate one.
You’re in luck: Here’s a quick Bear Market Survival Guide for Crypto/NFTs.
Let’s get started 👇
But some folks don’t know what a bear market even entails, let alone how to navigate one.
You’re in luck: Here’s a quick Bear Market Survival Guide for Crypto/NFTs.
Let’s get started 👇
First, what is a bear market?
“A bear market is when a market experiences prolonged price declines.”
WAGMI vibes, hopium and fake positivity die. Bad projects crumble, and liquidity fizzles up.
“A bear market is when a market experiences prolonged price declines.”
WAGMI vibes, hopium and fake positivity die. Bad projects crumble, and liquidity fizzles up.
Bear markets can last weeks, months or even years.
Some of your favorite projects might straight up die.
And the tone of the market, political world and realms beyond it will drastically shift.
Some of your favorite projects might straight up die.
And the tone of the market, political world and realms beyond it will drastically shift.
In a bear market you have one objective: Survive.
Your friends will get flushed out, liquidated, etc.
If it gets really bad you might even see people contemplate horrible things…
This guide will teach you how to survive, while also keeping your sanity (mostly) in tact.
Your friends will get flushed out, liquidated, etc.
If it gets really bad you might even see people contemplate horrible things…
This guide will teach you how to survive, while also keeping your sanity (mostly) in tact.
STABLES 🍎
It scares me that my frens don’t hold them.
You should always hold stables, but ESPECIALLY in a bear market.
A setup could look like this:
50% $USDC
25% $SOL
25% $BTC
Remaining liquid has saved me one too many times. I can sleep at night, DCA, etc.
It scares me that my frens don’t hold them.
You should always hold stables, but ESPECIALLY in a bear market.
A setup could look like this:
50% $USDC
25% $SOL
25% $BTC
Remaining liquid has saved me one too many times. I can sleep at night, DCA, etc.
DCA 🍎
This is how you can make those sick gains.
No one knows the true bottom. If they say they do, they’re lying.
Instead of yeeting your daughter’s entire college fund into crypto, dollar cost average. 🤝
Your wife won’t leave you and kids won’t hate you. Pretty sweet!
This is how you can make those sick gains.
No one knows the true bottom. If they say they do, they’re lying.
Instead of yeeting your daughter’s entire college fund into crypto, dollar cost average. 🤝
Your wife won’t leave you and kids won’t hate you. Pretty sweet!
Maybe you see $SOL at $56. You buy 1k worth.
It drops to $50. You buy another 1k worth.
Dips even lower to $40. You buy.
Then it pumps to $60. You’re heavily in the green.
If you bought it all at $56, you’re gambling and you’d be more likely to sell.
It drops to $50. You buy another 1k worth.
Dips even lower to $40. You buy.
Then it pumps to $60. You’re heavily in the green.
If you bought it all at $56, you’re gambling and you’d be more likely to sell.
Tip: Don’t buy memes, shitcoins, or unestablished projects.
$BTC $ETH $SOL
Blue chips only.
This applies to NFTs as well. However, they are MUCH more volatile.
I personally would stay away from any high risk activity. Accumulate blue chips. Simple. Don’t overcomplicate it.
$BTC $ETH $SOL
Blue chips only.
This applies to NFTs as well. However, they are MUCH more volatile.
I personally would stay away from any high risk activity. Accumulate blue chips. Simple. Don’t overcomplicate it.
NFTs 🍎
Many folks in the NFT space are new to investing, and have “up-only” syndrome.
They have never experienced a true portfolio wipe.
Be very careful, anon. If liquidity dries up, it won’t be fun.
Ex: Okay Bears last week > 180 FP ($17k)
Today > 125 FP > ($7.1k) 🤯
Many folks in the NFT space are new to investing, and have “up-only” syndrome.
They have never experienced a true portfolio wipe.
Be very careful, anon. If liquidity dries up, it won’t be fun.
Ex: Okay Bears last week > 180 FP ($17k)
Today > 125 FP > ($7.1k) 🤯
People tell me I’m too bearish when I point this stuff out.
I’m not bearish, I’m a realist.
If fear takes over the market, and $SOL continues to plummet ($56 right now), your NFTs will lose value at an insanely fast rate.
Take profits where you can, and please read the room.
I’m not bearish, I’m a realist.
If fear takes over the market, and $SOL continues to plummet ($56 right now), your NFTs will lose value at an insanely fast rate.
Take profits where you can, and please read the room.
Side note: I’m not saying don’t buy NFTs.
I am saying it’s extremely risky/volatile.
Buy into projects you truly believe in, that have DELIVERED. Blue chips only. 👍
I am saying it’s extremely risky/volatile.
Buy into projects you truly believe in, that have DELIVERED. Blue chips only. 👍
Moving on - Capital 🍎
You need it. If you don’t have a job, find one. If your job isn’t paying enough, find a new one.
Once you have $, don’t lose it.
I’ve acquired multiple @Stepnofficial NFTs, to boost my capital. I also work in Web3, while still hold down a 9-5.
You need it. If you don’t have a job, find one. If your job isn’t paying enough, find a new one.
Once you have $, don’t lose it.
I’ve acquired multiple @Stepnofficial NFTs, to boost my capital. I also work in Web3, while still hold down a 9-5.
Hustle. It’s not easy, but trust me; it’s worth it.
Builders are meta. Help where you can, just make sure you get PAID.
Start your own side hustle. Make a website, a YouTube, an E-Book. You’re capable of doing it all.
Then use the extra $ to comfortably buy the dip.
Builders are meta. Help where you can, just make sure you get PAID.
Start your own side hustle. Make a website, a YouTube, an E-Book. You’re capable of doing it all.
Then use the extra $ to comfortably buy the dip.
You must remain liquid at all times. If you don’t have money to lose right now, WALK AWAY until you have it.
If your mental health is in shambles and you’re having dark thoughts, WALK AWAY. It’s not worth it.
This game is not easy. Keep that in mind.
If your mental health is in shambles and you’re having dark thoughts, WALK AWAY. It’s not worth it.
This game is not easy. Keep that in mind.
If you follow this guide closely, you will be able to invest while having a safety net to fall back on at all times.
People who don’t manage risk will cope into delusion, paralyzed by their own fear.
Very bad for your wallet and mental health.
People who don’t manage risk will cope into delusion, paralyzed by their own fear.
Very bad for your wallet and mental health.
CLIMATE 🍎
I’m not a political guy, but pay attention to the political climate of the world.
You can feel when things aren’t right. There’s a war going on, inflation, and social unrest.
Probably not the best time to be reckless. Invest responsibly.
I’m not a political guy, but pay attention to the political climate of the world.
You can feel when things aren’t right. There’s a war going on, inflation, and social unrest.
Probably not the best time to be reckless. Invest responsibly.
Lastly: Breathe.
Focus. Hustle. Set goals. Make it.
As always, like/RT or follow me if you found some value in this guide.
DMs are open. 🍎
Focus. Hustle. Set goals. Make it.
As always, like/RT or follow me if you found some value in this guide.
DMs are open. 🍎
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