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How to survive in a bear market? Tips for beginners

2022.06.13 17:51

How to survive in a bear market? Tips for beginners
How to survive in a bear market? Tips for beginners

Usually, bear markets bring about a feeling of uncertainty in any investor. Even more so for a newcomer, for whom it can feel like the end of the world. It may even be common knowledge that during bull cycles, investors are sure of making gains. Whereas in bear markets such as this, an unimaginable amount of pessimism sets in.

The co-founder and strategic lead at the Kylin Network, Dylan Dewdney, told Cointelegraph that the two major mistakes that investors make while feeling anxious are “One, over-investing and two, not investing with conviction.”

Dollar-cost averaging

Diversify your portfolio

Consider defensive assets

Bonds

Index funds or exchange-traded funds

Play blind

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