Preparing for a bear market is really easier said than done. Most people verbally prepare for a bear market, but in practice, they still follow the same old strategy of buying high and selling low.

True preparation for a bear market is not about hoarding cash to buy at the bottom, but about mental fortitude: accepting that you will have to sell at a loss at the bottom, accepting that even good projects like $ETH can drop 90%, and accepting that your wallet balance may become a joke.

When altcoins are dropping 5% every day for three consecutive months, you will understand what despair really means. By then, all "value investing" will turn into "I've been trapped."