You must have a clear idea of ​​the money you plan to invest in the market

For example, how much do you plan to invest in this bear market?

This number should be money that does not affect your life

If I invest in a bear for three years, can I accept it?

Secondly, it is to reasonably evaluate the bottom

If the price dropped by 85% in the previous round, the pie would be 11,000

However, the current bull market is not going up very high, so my prediction is that it will fall by 80%.

That is about 14,000, which is actually very close now.

This is a reasonable estimate,

However, we also have to consider extreme worst-case scenarios

If you encounter a huge black swan again, it will go to 8,000

If you really get there, you should have over-the-counter funds to add additional positions.

For example, if you originally planned to invest 300,000,

Then there is a black swan to 8000,

Then you can increase capital by 10-20w off-site.