7 Tips for Staying Safe/Sane in a Bear Market | CoinMarketCap

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It's important to be sane during a bearmarket 🐻 But it's also crucial to stay safe! Here are some tips from CMC to guide you to sail smoothly during tough crypto periods 😉

By doing this, you help to ensure that your portfolio can resist sudden shocks to any specific sector, while still retaining the upside that can come with picking winners in other sectors. With a mixed bag of assets, you can help your portfolio absorb losses better while giving you exposure to potential growth across a range of uncorrelated sectors.

Some also opt to leverage a range of investment methods and modalities to mitigate risks. For example, using derivatives to hedge risks on spot positions during times of extreme volatility or splitting investments over a range of platforms to mitigate the risk ofAs the investment landscape grows in complexity, the number of potential attack vectors increases. It would be wise to take protective measures if your positions are exposed to these kinds of risks.

The truth is, most cryptocurrency influencers do not come from a financial background and the vast majority lack the experience needed to separate truly promising projects from the short-term hype jobs. More than this, many influencers are simply paid to promote the next well-heeledUnder the popular catchphrase “not financial advice ”, many influencers speak highly of particular projects to an often naive and impressionable audience, many of whom will buy in and hope for the best.

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CMC Thanks for the blog on such a crucial topic. cryptotrading

DYOR, that's the way to trade. cryptotrading CMC

Some projects are really good but to find them we should be aware of all the points that we should look out for and how to evaluate them. So, keep learning frnds. Cryptotraders HOD

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Today, there are many projects on the horizon, so finding the best one could be a difficult process. But all is worth it in the end. So be careful while betting on a project. DeFi

Yeah, always trust your research more than anyone's word. cryptotrading CMC

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Nowadays, there are many mediums where we can learn and start this journey. crypto blockchain DeFi

Do not get influenced by some people, make your own evaluation, that's the best thing to do in cryptotrading to succeed. BNB HOD

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Great tips 👍CoinMarketCap. Yellowians

Good advice! It's always smart to research and be vigilant when investing. Crypto can be rewarding, but HODL and be careful with your assets. Stay safe out there! DeFi

Stay safe !

Nice read.

And always research projects and choose the most DownToEarth ones.

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there is no consensus on their length, and different reports suggest that they may become shorter or longer. bnb bsc cro

What measure have you taken for the bearmarket?Annex AnnexFinance

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In times of bearmarket give extra attention to security DeFi Web3 $DUCKIES

it’s always a good idea to define an exit strategy for each asset you hold bearmarket bnb cro Annex

This is commonly seen when stocks trade well above their P/E ratio for some time before returning to a more reasonable number, and it’s seen when fundamentally weak cryptocurrencies lose their hype and sell pressure begins to mount. bearmarket bnb cro Annex

Unfortunately, assets that trade significantly above their intrinsic or utility value rarely do so for long. bsc bnb Yellow

you hold on to them because you don’t want to lock in your losses, or you are still holding out for that slim possibility that they might suddenly embark on a meteoric run. bearmarket bnb cro Annex

If you’re anything like most investors, odds are you’ve got at least a handful of assets in your portfolio that have little to no chance of returning to their former glory bsc bnb Yellow

incentives and penalties are usually in place to ensure that assessors act honestly bearmarket bnb cro Annex

it’s important to note that many decentralized insurance platforms have a discretionary payment system, which sees whether to pay out claims based on the terms and wording of the coverage policy. bearmarket bnb cro Annex

By paying for coverage, users will be protected as defined in the terms and conditions of their policy bsc bnb Yellow

These platforms allow users to defend against hacks, theft, smart contract failures and more through a range of decentralized coverage products. Yellow Annex

Though it can be difficult to tell which platforms are most at risk, it is now possible to almost completely mitigate the risk of losing funds due to an adverse event through the use of decentralized insurance platforms. bearmarket bnb cro Annex

An investor who uses liquid staking gains access to a liquid token in addition to the yield. But wouldn't it be risky when the market will fluctuate. crypto CMC HOD BNB

Thanks, CMC I learned something new today. BNB AnnexCommunity

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Yep!! Many social and political factors affect the Market value apart from Demand and supply. CryptoMarket

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Education is key. That will assist in keeping individuals alert on Ponzi schemes, pyramid schemes, scammers, and notorious “crypto influencers” that act like they know what they saying or doing but they really don’t.

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What we need in crypto bear markets or bull runs is riskmanagement using the ARC Strategy:

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3 ways to trade Bitcoin and altcoins during a bear marketEveryone’s a genius during a bull market, but how should one trade in a bear market? 🚀 Thnks a millon. 🚀 Thnks a millon Just simply, buy the rumors and sell the news
Source: Cointelegraph - 🏆 562. / 51 Read more »