It's A Bear Year

What To Do On A Bear Market?

Times like this are inevitable, and despite the fact that we know this, in most cases, we tend not to prepare for it due to many reasons that could include unrealistic expectations of gains, extravagant spending and many more. Whatever the case may be, it eventually comes, and one thing that should be fully stretched here is that, it doesn't matter how long this continue or how short term it may be, for the fact that we've watched the market slip below key support many times already means there might be a couple strong waves that would leave everyone broke.

Pay Close Attention

This is usually where people exit the market with let's say 25-30% of their money, bad decisions to say, and for those who bought the top, usually about 5-10-15% or maybe worse, depending on what exactly it is. I mean currently dogecoin has lost over 90% of its gains since its previous all time high, now imagine those that bought the top, they are already down 90%, so if things get messier, then it's full rekt and back to the streets, don't be that person…

Get Engaged

I started hive as a story writer, then engaged in some personal blog/growth contents, back to story, had a couple stumbling blocks and then embraced financial contents, personally love the financial markets and decided to stay and seldom publish movie reviews and stories if need be. The targets can always be delayed due to many things, and mine was studies, so off I went, and now as I'm rounding up, I got a bit more free time which brings me to the point ; Get Engaged

Find a niche, get to know your community, engage, publish, and enjoy the ride, it's not the time to chase huge gains, chances are; you get rekt.

Develop A Skill

Currently, I'm into programming. I've done the theoretical aspects of five courses; SQL, JAVA, PYTHON, HTML, CSS, lil bit of JavaScript and have obtained my certificates, gotta make the hustle real right? I found it pleasing to learn these courses. Now I'm practicing my craft with web development, it isn't as easy as anyone would make it sound, but developing is quite satisfying.

And Lastly, don't forget to find the BOTTOM

The same way you feel great when you close from work and get back home to relax on nicely cooked and fresh out of the oven buttocks(LOL) is how you'd feel if you could spot the bottom of these bearish markets.

Recognize the projects of your interest, if you ain't good at speculating or watching out for bottom indicators, just DCA into your trades, buy in bits as it drops or wait for the bottom if you're a master of the art :)

My guess is that we are not out of a bearish market yet, no one would have believed that we'd see hive at these levels ever again, but look what happened, how many are waiting for $0.15 again? Well, the current price has to be split in half to have that figure, as crazy as it sounds, that would be the cheapest price one would ever see.