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@tomlee
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No one knows the exact timing of the bear market but one can prepare for it.

If a person can manage his risks properly then such person won't be a victim of liquidations or large margin losses when a dump occurs. Another way to get prepared for the bear market is to have it in your mind that, market doesn't pump forever. With that understand, you will be able to manage your greed, take profits when necessary and keep them preferably in stablecoins.

This in turn gives you liquidity to take advantage of a crash like this when it comes.

People tend to be afraid of bear markets but it shouldn't be so. The real opportunity to wealth comes when we have dips in the market.

Posted Using LeoFinance Beta