The Bear Market Bible
10 Commands to Survive a Bear Market
By MoonShotsGuy
Introduction:
Bear markets occur when prices in a market decline by more than 20%, often
accompanied by negative investor sentiment and declining economic prospects. Bear markets
can be cyclical or longer-term. The former lasts for several weeks or a couple of months and the
latter can last for several years or even decades.
The Crypto market has declined by more than 50% in the past 6 month; indicating a
possible beginning of a bear market. Crypto bear markets have usually lasted for about two
years. The current bear market is expected to last until April of 2024, the time for the next
Bitcoin halving.
We have witnessed a great bull run which lasted from early April of 2020 all the way
until November of 2021. This bull run was fueled by fear of monetary policy, inflation, and
unprecedented monetary stimulus.
Moreover, the pandemic which forced many workers and whole industries to close shop
and move to an online environment played a very strong role in the rise of crypto.
As more and more economies open, and the Federal reserve and governments from all
around the world are forced to tighten their monetary policies, most markets will correct and will
even crash as investors will rush to sell their high-risk assets, such as Tech stocks and
Cryptocurrencies.
A Crypto bear market is not a good thing for many people, but for an educated investor it
could be the opportunity of a life time.
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Market Outlook:
In a bear market, the most valuable thing to hold is cash. This might sound counter
intuitive considering the high inflation were witnessing, but things are a bit more complicated
than they seem.
The USD index, a basket of different currencies compared to the dollar, is showing immense
strength. This is a result of The Federal reserve tightening its grip and raising interest rates.
This is a measure that had to be taken otherwise inflation would’ve gone rampant which
threatens the political and social stability in the US.
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The new economic policies have already rippled across multiple markets, creating a huge sell
off.
$NFLX $AMZN
$TWTR $BTC
Almost all charts across traditional and crypto markets look the same. Investors and selling and
fleeing to cash to deploy it into other opportunities as the come up.
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The crypto landscape is a not very different. The only major difference in crypto is that the bulk
of crypto investors are retail who invest based on emotions. This makes the selling much more
severe as most crypto investors invest with conviction or deep understanding or what they have
invested in, or how the macro-economic landscape would affect their investments.
The 10 Commands of The Bear Market:
1- It can always go lower!
Even if the possibility of a token to go to a price much lower than its
current valuation seem far-fetched, it can always happen. To mitigate that risk,
you have to dollar cost average into projects with strong fundamentals. Do not put
the full investment amount all at once.
2- The stars of the previous bull market may not shine into the next one.
The top 20 coins of the 2017 Bull run are
no where similar to the one of 2022. The
reason for that is the change in narrative
and loss of interest. There are some projects
in the top 20 at the moment that will not be
here during the next bull run. This is why it
is crucial to identify upcoming trends and
opportunities and do the adequate research
on them. If you simply decide to invest in
the popular coins during their retrace, there
is possibility of them never recovering or
reaching their previous ATHs, ever again.
3- “You know it’s not the same as it was”
Each bull and bear market and significantly
different than the previous ones. There are
countries that adopted Bitcoin as a currency, ETFs,
investment funds, and some of the biggest names in
the world who invested in crypto. Its not going
anywhere. There will be days when you will feel
like its over, and there is no way to recover from
this and that everyone has moved on, but this will
not be the case. The only losers are the ones who
quit.
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4- Money Talks, bullshit walks!
During the 2020-2021 bull market, it has become significantly harder to get into
investment opportunities early. Only VCs, influencers, and launchpads had access. And
in the case of launchpads you had to lock-up a significant amount of capital to be able to
participate in a private sale, something most people didn’t have the luxury to do.
In a bear market it is completely different. Everyone is afraid, so projects don’t
attract as much funding as before. People who were investing in solid project during the
2018-2019 bear market ended up making an absurd amount of money. The same will
happen this time around.
You will have to be proactive, search for upcoming projects and reach out to them
through email, or telegram, or whatever medium they’re using.
Here are some resources to stay on top:
• https://coinmarketcap.com/ico-calendar/upcoming/
• https://icodrops.com/
• https://topicolist.com/
• https://icobench.com/
5- It’s not all doom and gloom:
There will still be projects that will do 10-100X even in the depth of the bear
market. This will get much rarer, but it will still happen. You just have to stay on
top of things. A good way to do that is to monitor upcoming updates for projects
and their social activities The best resources are:
• https://coinmarketcal.com/en/
• https://lunarcrush.com/markets
•
6- Learn leverage trading:
This is a very risky, but a powerful financial tool that you can use with
extreme caution. In a market with a general down trend, shorting coins is a good
way to make profit. Shorting is simply betting that a certain coin will go lower in
price.
There are multiple guides available online on YouTube for that.
If you decide to get into leverage trading, there is no better exchange to do it than
FTX.
Here is my referral link for a 5% trading discount. https://ftx.com/referrals#a=5309326
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7- Dress up and show up.
Cryptocurrency conferences are a great way to meet founders, developers, &
investors. During the bear market these conferences offer a great opportunity to learn first
hand about the upcoming trends and shifts in the industry. Being able to learn about this
early will provide you with a unique outlook as an investor.
For a full list of Cryptocurrency conferences, click here.
8- Re-evaluate your portfolio.
Many investors were sucked into projects with extremely bad tokenomics, which
Will make things much worse as more and more locked supply is released into the
market. With low demand, and large supply emission, there is one way these projects are
heading, DOWN!
Example of bad tokenomics:
This is a token that has 620M circulating supply/10Billion. This equates to 6.2% of the total
supply. As more supply is rereleased the selling pressure will increase as well.
9- Have patience, seriously, Have patience.
A trader mentality doesn’t do very well during a bear market. There simply isn’t much
going on. An investor on the other hand has a certain level of discipline that enables him
to build his positions and simply wait for the bulls to return. Most successful people in
crypto are the ones who come from a financial background, whether it being stocks,
hedge funds, or even accounting. Those with such backgrounds think like an investor,
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and it’s the reason the preform well. There is no cheat code to becoming rich over night.
It will take time.
10- You don’t have to be a fish to swim.
The beauty of this industry is that there are countless ways to achieve wealth. You can be
a trader, investor, marketer, community manager, graphic designer, Front-end dev, Back-
end dev, and even a scammer. Endless opportunities. Don’t be a scammer though karma
is a bitch. Here are some free valuable resources to get your foot in the door by learning a
new skill.
1- Marketing, in no specific order, you can choose any:
o https://academy.hubspot.com/courses?page=1
o https://www.semrush.com/academy/
2- Design, in no specific order, you can choose any:
• https://www.coursera.org/specializations/graphic-design
• https://www.coursera.org/professional-certificates/google-ux-design
• https://www.coursera.org/specializations/graphic-design-elements-non-
designers
3- Web3 developer path. Expected salary of $200k:
1- https://www.theodinproject.com/ This will help you learn web development.
2- https://www.web3.university/ Learn Blockchain development.
3- https://www.pointer.gg/ Apply what you learned and earn money while doing it.
4- https://buildspace.so/ Expand your knowledge of Web3 and land a job for free.
Lastly, I would like to say that as long as you’re still breathing, things can and will get better. Do
not lose hope, and do not beat yourself up if you lost money. Everything is a lesson, and you will
recover. Focus on your health and making yourself a better person. Always look around and
appreciate everything God has given you. There will always be someone somewhere wishing if
they were in your place.
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