Guide: how to behave during bear market 📉🐻
Вear market is a period when asset prices fall for a long time. There is no clear understa of how much assets should decline in value but people speak about bear market when prices fall by at least 20% in comparison with the nearest peaks, and the process lasts longer than two months.
What should a smart investor do in this case?
✅ Do not panic or sell assets.
The "bear market" does not last forever, one day the economy will start to grow again and assets will regain their value. Therefore, there is no sense to sell your coins for nothing.
If capital is split into different assets, then the price decline will be less painful.
✅ Imagine there is a discount for all asserts.
If the investor knows and sees promising projects, then he can earn money on the downturn. Smart investors do not sell, but rather buy assets while their value is low.
In any case, do not be afraid of a sharp decline in prices, as a bear market is a natural part of the economic cycle. It is better to look for opportunities for growth and additional profits in it 💰