Bear trends are an inevitable fact of any live market. Today crypto investors are witnessing a new market downturn that doesn’t seem to end in the next few weeks.

Here are some tips that can help reduce your portfolio losses — and potentially even benefit from the bear market.

What signs indicate a bear market

A bear market is defined as a market that falls more than 20% from its most recent peak. Bitcoin has lost over 30% of its price for the past few weeks, and Ethereum has lost even more. Furthermore, stablecoins like TerraUSD and Tether cost less than $1 for some time.

To sell or not to sell?

If you are a long-game player, there is no need to sell your crypto basing on gloomy market sentiments. Stay away from panic selling. Remember that even prolonged market declines, known as “crypto winters” are usually followed by a promising boom.

Bitcoin surged to its severe first peak of almost $20,000 in 2018 but collapsed to $3000 during the following year. And in October of 2021, Bitcoin hit a new price record of $68 000. Sometimes it’s better to hold than sell, as investors say.

How to survive and profit

Feel the trends. Research previous bear markets to see which assets actually went up and which didn’t recover.

Wait for the bottom. Don’t rush to purchase crypto when the prices are low. They can be lower, so waiting for the right moment can save your money.

Rebalance your portfolio. While your main assets may be plummeting, other tokens or NFTs can grow in value. Look for trending cryptos to sell them in short.

Stay tuned. Check out the latest news and analytics and keep tracking the prices to not miss trading signals and indicators.