How To Deal With the Crypto Bear Market

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Avatar for Pantera
9 months ago

There is light at the end of the crypto tunnel. Stay, and you will be rewarded.

Back at the beginning of the previous bear market (2018), everyone wondered if it all had just ended with crypto and what to do next.

It was a decision point for most newcomers, including myself. 

The options were to either exit crypto as many suggested or stay, educate ourselves on topics that mattered and keep exploring the Cryptoverse. I went with the second choice, and it paid off.

The market already contained more than five thousand cryptocurrencies in 2018, yet the chances of success for most of them were slim.

Research in the cryptocurrency field can be time-consuming and wasteful since many distractions exist with trivial concepts and projects without a clear direction. 

Education is vital to survive in this field. It begins with the whitepaper.

Time To Study & Improve - There Is More To Come


Research is doing wonders to reach a better ground in the field, but sometimes being too far ahead of others in understanding blockchain fundamentals and the weaknesses of some technologies could be a disadvantage.

If we examine and test any blockchain thoroughly, we will learn the issues it contains and maybe reach early in a position to recognize it will eventually disappoint its users. Sometimes we will know this earlier than the 99% that will massively invest in this cryptocurrency. 

We will sell, falsely believing investors will also perform the same research as us. Which they don't, though.

The fact is that investors don't even test these networks before or after they invest. 

The top funds that invest in any cryptocurrency just set up their mechanisms to advertise the project by paying the top crypto influencers for a lengthy promotion and occasionally publishing promoted content in mainstream news to create brand awareness.

These supportive mechanisms can't be canceled. It doesn't have to do with fundamentals either. Terra, Solana, Cardano, and Polkadot all achieved market caps that don't resemble growth or network effect but pure marketing. Price inflated by a thousand times higher than a fair valuation.

We don't know which funds invested where and how they plan to "pump" the price of crypto assets in the market. We try to guess, yet constantly we will buy the top with this approach.

Usually, these funds will pump new projects. New is gold for marketing. They love what is "new" since it serves them better with the pump and dump mechanisms. Thus we watched all these networks like Terra, Solana, and Avalanche pumped by VCs and reaching extraordinary valuations. It all happened in 2017 as well. We had these projects like XVG, Monacoin, and other random coins I don't remember the names anymore, that pumped to extreme valuations and lost their value as quickly as they gained it.

The 2018 Bear Market


Back at the beginning of 2018, most newcomers exited crypto.

I clearly remember telling others crypto will rise again, only to meet the opposition of narrow-minded individuals telling me that crypto was dead and calling me various derogatory names for deciding to stay.

For me, this wasn't going to end in 2018.

I wasn't going to quit as I did the mistake of not joining this field in 2013 or 2015. I knew a new boom cycle would begin. It is always a mistake to ignore financial innovation.

Some started gaming, and others with limited profits (like me) just stalled their plans for a while. Many went back to their daily jobs while others never left them, which is probably the best decision as profit evaporates as quickly as it comes when you speculate a market.

The crypto boom and bust cycles relapse, and for some is a time to sit back and relax without much effort but anticipating a come back.

As usual, most new investors in crypto bought the top and probably lost (fiat) money with their investment, yet those that stayed reaped the rewards four years later.

May 2021 was a decisive strike on the cryptocurrency market. It resembled 2018 in almost everything, but it happened too soon.

The abrupt end of the bull run happened sooner than expected, and during a particular moment, some cryptocurrencies like Bitcoin Cash were making solid moves.

The May '21 crash, with combined negative news from China and Elon Musk, happened at a time when cryptocurrencies besides BTC were rising. BTC's dominance was suffering, and its first place in market cap was under threat.

In the following months, while BTC reached a new ATH, it still failed to attract more engagement, and the retail didn't follow at all. $69,000 was the top for BTC, but other cryptocurrencies lost a lot of ground.

The bull run ended for BTC and the rest market in a shorter time than expected and now stands at 50% lower than the ATH.


There is a decent chance the market will react positively at some point soon, as we observe different signs from the previous "bear market".

No matter what happens, this is a perfect time for newcomers to start educating on cryptocurrency topics, and the first step to take is to read the whitepaper.

The whitepaper explains why Satoshi created Bitcoin and why P2P cash is necessary. It contains a few technical terms, but it doesn't need developer skills to recognize its significance.

This paper contains the foundations upon which the whole crypto industry evolved.

For many with technical expertise, research begins and ends there.

The whitepaper is not a Holy Bible but points to fundamentals many ignore lately.

Know that the rewards will be far better for those that stay and educate themselves than those that only treat crypto as a method to earn a side income.

The latter will not achieve a change but will always be trapped in a mindset offering no escape. Stay, educate yourself, and you will be rewarded.

  • Cover Photo: by " KellePics" on  Pixabay (modified)

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Avatar for Pantera
9 months ago


I am waiting for the good moment in crypto market high position.

$ 0.00
9 months ago

There is truly light at the end of the crypto market. I like your strong-willed spirit. At the end, it will pay off if one doesn't give up

$ 0.00
9 months ago

Brother I am not hopeless to see the bears everywhere in Crypto. Yes, if 2018 cycles repeated then we can get some winning reward in trading but still there is uncertainty. I can see and hope bears will replaced by bulls in July. Thanks for mentioning importance of research. It is backbone of any investment if we are interested to get success.

$ 0.02
9 months ago

Hope so friend. The interest will begin rising again at some point. We have to be patient right now.

$ 0.00
9 months ago

I am waiting with patience no doubt. God knows I shall be rich having basket full of BCH.

$ 0.00
9 months ago

It's very true that most crypto projects are are without directions which if one doesn't make good research will end up frustrating such a person. White papers , road maps and use case are all important to study before investing in any crypto with these you could have clear direction and never forget about the DYR and invest within your bearable limit because nothing is 100% sure. This you @Pantera you're doing a great job in the crypto world.

$ 0.05
9 months ago

Bear is a pain in the ass..but just like what they've said, millionaires came from the bear market.

$ 0.05
9 months ago

I cook more, I go out more, and I stop checking the market so often

$ 0.05
9 months ago

It's better to deal with this approach. I remember during a stock bear market a fund manager simply told investors if they just can't handle watching the downturn, then change the channel. It will all recover, there is no doubt.

$ 0.10
9 months ago

But ... as I always say... for content creators a bear market means more earnings. Everything is still happening in the background so no point to let the dip upset us

$ 0.00
9 months ago

I'll do my best to educate myself more in crypto.. I'd like to grow not just my bag but my knowledge as well.

$ 0.05
9 months ago