Top 7 Moves to Make in a Crypto Bear Market

11 Comments

1. kirindewitt on 20. August 2023 at 16:42

   During these bearish market, I mostly tap the help of the martingale strategy especially on the trading bot rather than running them on DCA.

   
   
   
2. Weird_March_8781 on 20. August 2023 at 16:42

   in the time of this bearish market, i am almost focused on long term. Ive learned to never sell during a bear market., selling in a hurry can damage your portfolio

   
   
   
3. Umarzy on 20. August 2023 at 16:42

   Interesting guide.

   Apart from DCA’ing & holding, traders & investors might also want to play safe by protecting their assets against downside volatility and crashes, while still not missing out on the pump.

   This is an initiative by Bumper which allows anyone to protect any ERC-20 token. It essentially defends your crypto against price drops.

   
   
   
4. Outra_Coisa on 20. August 2023 at 16:42

   Would also add that airdrops, social tasks, learn & earn campaigns tend to be more profitable on downturns, as normally the rewards are quoted in dollars, and paid in tokens.

   I’ve been finding Zealy particularly profitable, but I also engage on many, such as TaskOn, Gleamr and the odd telegram AMA.

   Last month made almost $50 worth of ETH on DIA sprint and partnership with O3 on Zealy.

   
   
   
5. damianivan on 20. August 2023 at 16:42

   Well listed there. I’ve been more focused on DCA and diversifying on Alts like ETH, DASH, SYLO and PHA. Though the choices had to be made wisely pending when the bulls will return.

   
   
   
6. Steez85210 on 20. August 2023 at 16:42

   Short’s ?? Bear .. short positions you say

   
   
   
7. stormingaround10 on 20. August 2023 at 16:42

   Good tips. I would include staking since it has been a smart strategy during the bear season. It’s a way to stay afloat. Concretely, Lido Beefy and Dafi are bringing me decent returns.

   
   
   
8. New_Firefighter_5416 on 20. August 2023 at 16:42

   Quite a reasonable guide. My portfolio has always been diversified, from high market cap tokens like BTC, ETH and ARB to mid caps like OCEAN, AGIX and GMX. I also have low market cap projects like TRIAS, UTK and recently added BUMP as well.

   Despite having a diversified portfolio, I often DCA up and down depending on the market trend in order to accumulate more. There are also times when I just HODL and watch the market. So, I can actually relate very much to these moves.

   
   
   
9. krimmelnnd on 20. August 2023 at 16:42

   Securing your assets is just as important as any of the steps here, especially with the rising cases of hacks in the space. I’m big on BTC for the long term which I store in my Wasabi wallet, I’m also looking forward to the one on Nexera ID which would enable recovery options for users.

   
   
   
10. amaqinisohe on 20. August 2023 at 16:42

    Add staking, airdrops and performing task just like how i’m doing in the Futureverse to earn some Futurescore now, and a few other means like running nodes to stay afloat in the bear Market.

    
    
    
11. guminisfj on 20. August 2023 at 16:42

    The best thing you can do is to DCA in the bear market, especially into projects you have missed at early stages or wish to have more of them. I’ve been DCAing into SYLO, ONT, INJ, IMX, CELR etc in a long term now for my long term low cap portfolio.