A beginner's guide to bear markets:
Your portfolio is down bad. It's too late to short, too early to long, and swing trading will just bankrupt you faster. You're struggling mentally. Here's how to productively spend your time during crypto winter.
1/🧵
Your portfolio is down bad. It's too late to short, too early to long, and swing trading will just bankrupt you faster. You're struggling mentally. Here's how to productively spend your time during crypto winter.
1/🧵
2/ Learn a skill and monetize it. Take your focus off the price charts and shitcoins, and CREATE. AI has made this easier than ever: vibe code some apps, create daily artworks—learn something that can earn you cash on the side.
3/ Use a percentage (not 100%, please) of that income to grow your crypto allocation. You'll be buying at favorable prices while developing marketable skills that last beyond any market cycle.
4/ LP with available funds. Set up one-sided liquidity positions that range from current prices down to what you consider a realistic bottom (or a bit below). Decide on a price at which to pull it.
5/ This LP strategy effectively pays you to DCA. Mentally, you're setting yourself up to have something to feel good about if prices continue to decline. You're earning yield while accumulating more of what you believe in.
6/ Take time to reflect on the ACTUAL reason you're here. Is it idealistic, profit-driven, social connection? Log your thoughts, share them on X, find likeminded folks to build towards goals together.
7/ Form a community you can count on. True support during bear markets is invaluable. Do NOT follow "experts"—basic rule is if they sell a course or run a paid group, THAT'S their income stream.
They're not an expert at anything other than luring suckers into paying them.
They're not an expert at anything other than luring suckers into paying them.
8/ Set realistic targets for the next cycle. Decide on specific levels at which to take profit, and how much to take. Determine a portfolio value where you should enter "wealth preservation mode."
9/ Write down your exit strategy and STICK TO IT. Bull markets are emotionally charged environments—not a good time to be making decisions on the fly. Your bear market self is more rational, and has more time to construct a plan.
10/ Explore every corner of crypto. Projects starting during bear markets are more likely to be true builders. Help them build, and some will reward you with an eventual TGE (or other avenues)
11/ Control what you can control. The past is the past—if you didn't sell, no point dwelling on it now. Look toward the future and prepare yourself for when markets recover.
12/ Your bear market goals: accumulate quality crypto, work on your skillset, and build your network. When the tide turns, you'll be in a much stronger position than those who spent the winter crying about prices (you can also cry about prices if you want)
13/ All the while, shitpost shitpost shitpost. Bear markets are the most fun time to be on CT, the shitposting is unmatched.
Hone your shitposting skills and join us in the new trenches, where nobody gets out and no money is made.
Hone your shitposting skills and join us in the new trenches, where nobody gets out and no money is made.
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