(part 4)-Tips for surviving the Bear Market

Hey there, its another day to drop more tips for surviving the current situation of the market. The bear isn't going away anytime soon, and we must learn methods to avoid being burnt in the market.

CAREFULLY ASSESS THE CURRENT STATE OF THE MARKET: in the middle of the current bearish trend, bitcoin seems to have found significant support near $28k but it could not hold. It broke down to $17k and this happened mid-2022.
This support is expected to hold the fort for a while given that several big institutional investors bought within this range. Meanwhile, other indicators suggest that a big chunk of new investors who probably purchased near the top have already sold off most of their crypto amid fear, uncertainty, and doubt (FUD). Their exit from the market at this stage could further break down crypto prices. The point here is that it is important to stay updated and have situational awareness about the current state of the market.
This way you stand the best chance to position yourself accordingly, act quickly, minimize losses & also know when the trend changes.