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😡 How a Failed Coin Investor Responds to a Bear Market How should we, who are still holding onto coins, survive? I'm feeling bleak, so I've come up with a plan. 1️⃣ DCA - Use a portion of your monthly profits to steadily buy Bitcoin and Ethereum in installments. - Coins have a halving indicator, so it's best to set a maximum timeframe of two years. - Personally, I buy Bitcoin and Ethereum spot DCA whenever the weekly Bollinger Band touches the bottom. - Since the monthly Bollinger Band touches the bottom, I buy large amounts of Bitcoin and Ethereum. 2️⃣ Deposit Plan - Select projects that have received a certain amount of investment from renowned VCs. - Only deposit projects that guarantee a basic deposit APY and offer token airdrops. - When news of a TGE is heard, consider the withdrawal period and withdraw a week in advance to find the next deposit plan. - Repeat this process indefinitely. In a bear market, reserve 50% of your stablecoins for your deposit plan. - If you're wary of leaving funds on-chain, actively participate in events like Binance's USD1. 3️⃣ Short-term bullish trading - Many unique bullish trading strategies emerge in bear markets. For example: If Upbithumb blocks deposits, you'll be out of luck. - Anticipate overseas announcements first and purchase from Upbithumb or use a platform that isn't blocked to send your tokens to a landing site. - Target a circular trade, where tokens in the same sector rise alongside a specific project. - Buy in advance, anticipating an Upbithumb KRW listing, and then liquidate if it doesn't. 4️⃣ Ed Trading - Ed trading in a bear market is a stalemate, and TGEs in bull markets yielded good returns. - Instead of squandering everything you know on PerpDEX and prediction markets, I recommend investing in ed trading that minimizes your investment. - While some VCs have received significant investment but still pay out Roles through Deco grinding, trying one or two increases the likelihood of a decent return. - If you're investing in ed trading that requires spending money, it's always better to approach it with small amounts rather than small amounts. 5️⃣ Mental Health Management - The saddest thing about a bear market is when there's an event and you're the only one missing out while everyone else is celebrating. I can't forget the feeling of being left out. - Moreover, if I make a mistake and lose money, I'm so sad I want to die. In times like these, I avoid revenge trading out of anger. - Mental health management is essential, and if you feel like it's not working, it's a good idea to take a week-long trip. - I came here to make money with coins, but I'm leaving the trash channels that only talk about pointless things or say things like "buy Bitcoin yesterday and short Bitcoin today" to reduce the noise. - Instead of just hanging out on Telegram, find a hobby that relieves your stress and don't become a toxic person. These are the only things that come to mind right now. I'm sure everyone is doing well, but I feel a little better when I think about maintaining a stable ratio and preparing for the next bull market. It won't be easy, but keep fighting!

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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