Bobos & Wojaks

Get rich or die tryin

Some Strategies To Survive Bear Market

Cover Your Costs

Your top priority ‘should’ be covering your living expenses. If you’ve been counting on short-term market gains to pay the rent, you aren’t in a position to make sustainable choices as your portfolio’s value plummets.


In every bear market, some crypto projects get hit harder than others. Experts say a diverse portfolio can help you minimize losses and take advantage of gains in growing markets. This is the perfect moment to diversify into other coins that took a hard hit. Don’t over diversify though. I’ll stick to BTC and ETH for 70-80%

Don’t Panic

Experienced financial advisors say it’s best to take a deep breath and stay in the market. If you have funds you can afford to lose, invest them, if not, just hold and wait.


Make Recurring Buys

Smart investors weather bear markets with a strategy called dollar cost averaging. Dollar-cost averaging (DCA) is an investment strategy in which an investor divides up the total amount to be invested across periodic purchases of a target asset in an effort to reduce the impact of volatility on the overall purchase.

Look Beyond Price

Price is not everything, even better, market cap is a more powerful indicator. Price can look very attractive, but don’t let it fool you.