Why do many people struggle to survive the bear market in the crypto space?

The reasons are actually very realistic and heart-wrenching:

1. Awareness cannot keep up, emotions collapse first

The hardest part of a bear market is dealing with the emotions of 'not making money' or even 'continuously losing money'. Many people enter the market hoping to get rich overnight, but the reality is: the price of coins is halved, hype dies down, accounts shrink by 80%, and watching assets evaporate slowly every day severely undermines confidence.

2. Blindly chasing highs, no bullets at low points

During a bull market, many follow the trend and invest heavily, only to buy at the peak. Once the bear market hits, there’s no capital to increase positions, no confidence to hold on, and they can only cut losses all the way down, getting washed out of the market. Many people don’t want to give up, but they have already been 'cleared out early'.

3. Long-termism is hard to maintain

Talking about 'long-term optimism' and 'holding for three to five years' sounds great in a bull market, but when a bear market arrives, with months of no news, no gains, or even no movement, very few can hold on. Human nature resists the empty period, especially when it comes to money.

4. Lack of systematic understanding and strategy

Many people make decisions based only on 'feelings' and 'short-term positive news', lacking fundamental logic judgments, such as: project fundamentals, macro environment, capital trends, and cyclical rhythms. Without a strategy, it is naturally impossible to withstand the brutal tests of the market.

5. Huge influence from the surrounding atmosphere

In a bull market, groups are filled with stories of 'doubling investments'; in a bear market, they turn into 'deleting groups, quitting the circle, blocking others'. Loneliness and panic are the main themes of a bear market, and many people quietly exit because 'no one is talking'.

Whether you can survive the bear market does not depend on how smart you are, but whether you:

Have cash flow to support your life;

Have long-term awareness that is not disrupted by emotions;

Have the ability to accumulate quality chips at low points;

Have the judgment to know what is worth believing in and what should be given up.

Therefore, those who cannot survive the bear market are often not the ones who 'missed the chance to get rich', but rather those who 'were not prepared'.

The last and most important point: If you want to make big money, first learn how to avoid losing money. This is an anti-human market; if you want to take money from others, you must be calm, rational, and patient enough.