1. Maintain a positive mindset

Stop checking the market every day, turn off the price alerts, and just look once a week or once a month. The more often you look, the easier it is to fall into FOMO or FUD, leading to selling at the bottom or buying at the top. Remember this: retail investors make money in a bear market, while institutions make money in a bull market. The time when retail investors can actually make money is precisely in a bear market. Why? Because the accumulation process in a bear market is often fluctuating, and retail investors can buy low and sell high based on this pattern.

2. Dollar-cost averaging and holding long-term

According to historical data, those who bought in the bear markets of 2018 and 2022 made significant profits in the bull market. This applies only to spot trading; contracts are more easily affected by black swan events and may experience price spikes. In a bear market, use the money that you don't need temporarily and that has little impact on your life, and invest it regularly on a weekly or monthly basis. If conditions allow, you can transfer it to your cold wallet.

3. Learn and deeply understand the mechanisms

Big dogs are born on the chain. You can learn what UTXO is, Spark network, Lightning network, how to speed up transactions, and how to use wallets. Many people might say, 'A wallet? Isn’t it just remembering a keyword and signing?' 🤔 What’s there to learn? Here, I suggest everyone to study because many hackers will do things like multi-signature and then steal your wallet. Moreover, due to the privacy of Web 3, once stolen, it can be truly difficult to recover.

4. Earn passive income

In a bear market, you can earn certain interest or fees through lending platforms or by forming LPs, which is usually higher than the interest on US Treasuries. Also, there is a product called dual currency win, which has decent returns but also many pitfalls. In a bull market, no one cares to understand, but in a bear market, it's precisely when you can free up time to learn. Here, you should also remember a key point: be sure to trust reputable lending platforms, as in a bear market, some platforms might have their eyes on your principal, leading to rug pulls.

In conclusion:

1. Protect your principal

2. Continuous learning

3. Accumulate on dips

4. Patiently wait for new narratives

What truly sets people apart in a bear market is not luck, but who can endure and who is quietly preparing. What you do now in the bear market largely determines your position in the next bull market. Wishing everyone can become an A9 in the next round 🥰