Tips For Surviving The Bitcoin Bear Market
Bear markets are difficult as people watch their account balances diminish with the bitcoin price dropping. There are many things you can do to ease the pain.This is an opinion editorial by Boomer, a long-time and active member of the financial independence/retire early (FIRE) movement.Deep down, we all knew this was going to happen. Bear markets suck, and they’re especially bad if it’s your first. Every bear market is different and there will always be people out there that will tell you that the sky is falling. Please don’t be one of those people. I know the price action has been a bit....
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The CEO of Input Output Global (IOG), Charles Hoskinson, took to social media to share his advice on coping with difficult times. Drawing on his experience of running a multi-billion dollar firm, Hoskinson points to mindfulness as the key to getting through these difficult times. Crypto Market Panic The events of the past week or […]
Bear markets represent the most dreaded period in any investment cycle, but there are a few ways to stay ahead and weather the storm. Usually, bear markets bring about a feeling of uncertainty in any investor. Even more so for a newcomer, for whom it can feel like the end of the world. It may even be common knowledge that during bull cycles, investors are sure of making gains. Whereas in bear markets such as this, an unimaginable amount of pessimism sets in.The co-founder and strategic lead at the Kylin Network, Dylan Dewdney, told Cointelegraph that the two major mistakes that investors....
The common theme of advice revolved around focusing on long-term goals and avoiding short-term distractions be it price volatility or negative mainstream news. The crypto bear market of 2022 has wiped out more than 70% of the market capitalization from the top. The total crypto market cap breached $3 trillion at the bull market's peak last year but currently struggling to remain above $1 trillion.At a time when the majority of the cryptocurrencies are moving sideways with no significant bullish momentum recorded in months, it can get a little frustrating, especially for those who jumped in....
A look at previous bitcoin bear market cycles shows two distinct phases of capitulation and can give insight into how much longer the bear market will last.
Social media platform Twitter has expanded its Bitcoin Lightning Tips feature for Android users. Launched in September 2021 for iOS only, the feature allows users to set up a BTC Lightning address to receive tips from their followers. Related Reading | Why Hillary Clinton Thinks Bitcoin Undermines The U.S. Dollar As Bitcoinist reported a month ago, […]