Mindset: Survival Strategies for Bear Markets
The cryptocurrency market experiences extreme fluctuations between bulls and bears; maintaining the right mindset is the core weapon for navigating these cycles, especially in bear markets where 90% of losses stem from emotional instability.
Respect the Market, Acknowledge Ignorance
In bear markets, it is crucial to avoid “bottom-fishing faith”; the market bottom is often determined by macro liquidity (such as Federal Reserve policies) rather than technical indicators.
Case Study: After the 2022 LUNA collapse, many investors fell into a secondary trap due to the belief that “after a 90% drop, a rebound is inevitable.”
“Against Human Nature” Discipline
The cryptocurrency market is highly volatile, and emotional trading is the biggest enemy.
Bear Market Strategy: Avoid “FOMO bottom-fishing” and patiently wait for right-side signals (such as weekly-level breakouts and volume recovery).
Bull Market Strategy: Restrain “greed chasing” and take profits in batches (e.g., sell 10%-20% of your position every time it rises by 20%).
Long-term Thinking vs Short-term Noise
The market spends 90% of its time in consolidation, with only 10% of the time completing trend breakouts. In bear markets, it is necessary to reduce ineffective operations and focus on key market hotspots and on-chain data.
Core Formula for Risk Management
Single loss ≤ 2% of total capital, avoid systemic risks through position control (e.g., leverage below 1x) and stop-loss discipline (hard stop-loss + technical support level as double insurance).
Cash is King, Wait for Certain Opportunities
Maintain at least 50% in stablecoins (USDT/USDC) to cope with extreme market conditions and avoid being “fully invested and trapped.”
Dollar-Cost Averaging Strategy: Gradually build positions only when BTC drops to key support levels (like 50%-60% of the previous bull market high).
Use of Hedging Tools: Utilize options protection (such as buying put options to hedge position risks).
Arbitrage Opportunities: Pay attention to price differences between exchanges and the funding rate of contracts (short arbitrage during negative funding rates).
Focus on Resilient Assets
BTC: The characteristics of Bitcoin in this cycle need no further elaboration.
Platform Tokens (such as BNB)
Additionally:
In bear markets, hone your skills; in bull markets, focus on execution. The current market requires a defensive mindset to participate in an offensive market. Remember: risk control is always more important than yield; keeping enough ammunition allows you to take the initiative in a true bull market surge.