HOW TO SURVIVE THE BEAR MARKET SITUATION.
If you have been in the cryptocurrency space for most of 2018, and you are still here, then I don't expect that you should still be complaining about the bear market up till now because I will say that it is one of the most extreme bear market the space has ever seen.
But I still come across people who are still panicking about the bear market, both on steemit and In other social space. At this point they are trying to sell all they have, instead of buying in.
As you know, when there is blood on the street, that is the time to buy and not sell. I joined the cryptocurrency space in June 2017, so I not experienced such brutal bear market we are experiencing now, but several people who have been in the game longer said that they have experienced such bear market before and it recovered. So there is no need to panic because the market will recover, even though I don't know when it will start the recovery.
But what I think is the best way to survive in this bear market, is that you should invest what you can afford to lose. This is still the main secret of surviving the bear market. I think if you operate like this, you will not panic no matter how bear the market is, because you didn't put in your entire savings. So you can be able to wait till anytime the market decides to recover and you would even gain more.
Happy weekend
Steem on!!!!
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You've learned a lot in a relatively short time man. Good job.
Thank you @smasssh. I decided that I want to learn fast, if I have to survive in the crypto space.
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