Bear market is part of the crypto cycle then we should stop being anxious about it. But instead, we should see the bear market is an opportunity in the crypto space. And that's the reason why it's very important to invest more during the bear market and it is very important to avoid putting all your wealth just only in the stocks. We should rather adopt diversification strategy to lessen the risks of crypto volatile in nature.
It is very important to have an emergency funds set aside in case of unforseen circumstances and that's why it is better to have the basic knowledge required towards investing and managing our finances or probably we should be financial literate. This will help us to be aware of what's going on the crypto market and will help us to keep our emotions in check.
Though, it is tough to make a negative decisions during the bull market. But it is very easy to make a wrongful financial decisions when it's looks like the maintain is on fire 🔥.
Nevertheless, if you're caught because of the bear market and you feels anxious because you're thinking that you will needs back your invested capital sometime in the coming years, and whereas your investment portfolio is likely too vulnerably to stocks.
Don't be panic, sees the bear market like an opportunity and adopted the necessary strategies to make sure that your portfolio is safe.
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