How to protect yourself from crypto bear raids
To safeguard your investments from crypto bear raids, you can use the following strategies:
Conduct thorough technical analysis: Regularly analyze price charts and indicators to discern genuine market trends from manipulative movements.
Implement stop-loss orders: Set predetermined sell points to automatically exit positions if prices fall to a certain level, limiting potential losses during sudden downturns.
Diversify your portfolio: Spread investments across various assets to mitigate risk. A well-diversified portfolio is less vulnerable to the impact of a bear raid on any single asset.
Stay informed: Monitor market news and developments to better anticipate and respond to potential manipulative activities.
Use reputable exchanges: Engage with trading platforms that have robust measures against market manipulation, ensuring a fairer trading environment.
