Get an understanding of how the crypto market rhymes.

The Crypto Market Cycle

<div title="Page 1">
<div>
<div>
<p><span style="color: rgb(0, 0, 0);">If you&rsquo;re new to crypto or investing in general, a bear market occurs when a market experiences prolonged price declines due to overall economic conditions.</span></p>
<p><span style="color: rgb(0, 0, 0);">Here&rsquo;s our top tips to thrive during a bear market period and best position yourself for the next market run.</span></p>
<h2><span style="color: rgb(0, 0, 0);">Determine your strategy</span></h2>
<p><span style="color: rgb(0, 0, 0);">&ldquo;Fail to plan, plan to fail.&rdquo; This wisdom holds especially true in the volatile world of crypto.</span></p>
<p><span style="color: rgb(0, 0, 0);">And deciding to dump your life savings on a token that your friend said is set to rocket in price isn&rsquo;t the type of &ldquo;strategy&rdquo; we&rsquo;re talking about.</span></p>
<p><span style="color: rgb(0, 0, 0);">So, are you Dollar-Cost-Averaging? HODLing? If you&rsquo;re day trading, consider what &ldquo;edge&rdquo; you might have.</span></p>
<p><span style="color: rgb(0, 0, 0);">Whatever it is, having a solid plan and sticking to it is a great way to set yourself up for success.</span></p>
<h2><span style="color: rgb(0, 0, 0);">Remember that market cycles are natural</span></h2>
<p><span style="color: rgb(0, 0, 0);">Cycles happen across all aspects of life, and crypto is no different. They rise, peak, fall, and the process repeats itself.</span></p>
<p><span style="color: rgb(0, 0, 0);">The key is to expect this and not fight the cycle. It&rsquo;s not a bull market anymore.</span></p>
<p><span style="color: rgb(0, 0, 0);">If you&rsquo;re newer to crypto, you may be surprised by how deep and quick the drawdowns can occur. Take a long term time horizon and recognize what part of the cycle we&rsquo;re in.</span></p>
<p><span style="color: rgb(0, 0, 0);">Would you have been excited to buy at these prices when crypto was two or three times as high a year or more ago?</span></p>
<h2><span style="color: rgb(0, 0, 0);">Use the down market to upskill</span></h2>
<p><span style="color: rgb(0, 0, 0);">With new technologies and projects emerging all the time in crypto, it can be tough to keep up.</span></p>
<p><span style="color: rgb(0, 0, 0);">Remember, knowledge is power! And adding skills might give you the edge you need to approach the market with fresh eyes.</span></p>
<h2><span style="color: rgb(0, 0, 0);">Tune out and turn off</span></h2>
<p><span style="color: rgb(0, 0, 0);">With all the opinions online, investing in crypto can feel high pressure.</span></p>
<p><span style="color: rgb(0, 0, 0);">You might see a tweet suggesting you &ldquo;buy the dip,&rdquo; a Reddit thread explaining why you should cash out immediately, or a YouTube video showing you a &ldquo;perfect&rdquo; trade &mdash; all within a few minutes of each other.</span></p>
<p><span style="color: rgb(0, 0, 0);">Our brains weren&rsquo;t built for this ocean of information.</span></p>
<p><span style="color: rgb(0, 0, 0);">So as helpful as crypto Twitter can be, it&rsquo;s important to know when to shut out outside voices and make your own decisions.</span></p>
<p><span style="color: rgb(0, 0, 0);">If you&rsquo;re acting on something you&rsquo;ve read online, make sure it aligns with your own personal circumstances and finances.</span></p>
<h2><span style="color: rgb(0, 0, 0);">Words of wisdom</span></h2>
<p><span style="color: rgb(0, 0, 0);">We&rsquo;re still in the early innings of this technology. Who knows what exciting use-cases will emerge or which projects will thrive during this time?</span></p>
<p><span style="color: rgb(0, 0, 0);">Until then, take comfort in knowing that crypto has been through difficult times before and has better days ahead!</span></p>
</div>
</div>
</div>

This guide equips you with the top tips to navigate a downturn: develop a strategy, understand market cycles, upskill yourself, and avoid information overload. Discover how to thrive during a bear market and position yourself for the future.

Top tips to prosper during a bear market

Tips in a bear market

<div title="Page 1">
<div>
<div>
<p><span style="color: rgb(0, 0, 0);">What can you do when things go sideways or down for a bit? Here are five ideas that may help 👇</span></p>
<h2><span style="color: rgb(0, 0, 0);">Forget your peak net worth number</span></h2>
<p><span style="color: rgb(0, 0, 0);">Even though it&rsquo;s difficult, try to avoid obsessing over the loan you could have paid off, the house you could have bought, or the riches you could have been swimming in.</span></p>
<p><span style="color: rgb(0, 0, 0);">Chasing after this number will likely lead to poor decision-making.</span></p>
<p><span style="color: rgb(0, 0, 0);">Instead, try journaling about what happened to your investment and what you might change in the future:</span></p>
<ul>
<li><span style="color: rgb(0, 0, 0);">Did you not take profits as you had planned?</span></li>
<li><span style="color: rgb(0, 0, 0);">Did you not leave enough cash on the sidelines for unexpected life events?</span></li>
<li><span style="color: rgb(0, 0, 0);">Were you listening to the wrong influencers?</span></li>
<li><span style="color: rgb(0, 0, 0);">Did you focus on a project&rsquo;s hype instead of its fundamentals?</span></li>
<li><span style="color: rgb(0, 0, 0);">Did you not have a plan in the first place?</span></li>
</ul>
<p><span style="color: rgb(0, 0, 0);">Identifying these decisions can help you make better ones in the future. The first step is acknowledging the problem.</span></p>
<h2><span style="color: rgb(0, 0, 0);">Avoid revenge trading and FOMO</span></h2>
<p><span style="color: rgb(0, 0, 0);">If you&rsquo;re down substantially from your portfolio highs, you&rsquo;re likely not going to make it back on one trade.</span></p>
<p><span style="color: rgb(0, 0, 0);">Yet, this doesn&rsquo;t prevent people from revenge trading, trying to recover a loss from previous trades in a super short period&ndash;&ndash;and often acting irrationally in the process.</span></p>
<p><span style="color: rgb(0, 0, 0);">The key to avoiding this is position sizing, adjusting your trade size to fit your account balance. You&rsquo;ll always risk a set percentage of your account on each trade, no matter how large or small your account is.</span></p>
<p><span style="color: rgb(0, 0, 0);">For example, if you can risk 2% of your portfolio per trade, and have a $10,000 account, you&rsquo;ll take a $200 position on each trade. If your account doubles or shrinks, so does your trade size.</span></p>
<p><span style="color: rgb(0, 0, 0);">Position sizing is critical because it helps you stay in the game, even if you run into a string of losing trades.</span></p>
<h2><span style="color: rgb(0, 0, 0);">Consider dynamic dollar cost averaging</span></h2>
<p><span style="color: rgb(0, 0, 0);">Macro investor Darius Dale tells his audience to not only dollar cost average &mdash; investing a set amount weekly or monthly &mdash; but to dynamically dollar cost average.</span></p>
<p><span style="color: rgb(0, 0, 0);">What does this mean?</span></p>
<p><span style="color: rgb(0, 0, 0);">When the financial outlook is negative, you scale back your buying in favor of holding more cash. When the financial outlook improves, you increase the size of your purchase.</span></p>
<p><span style="color: rgb(0, 0, 0);">To make the strategy even better, you can direct part of your monthly investment into a dollar-pegged stablecoin like USDC, USDT, or USDP and move them into a Blockchain.com Rewards Account to earn a competitive APY.</span></p>
<h2><span style="color: rgb(0, 0, 0);">Take risk off the table if you can&rsquo;t sleep at night</span></h2>
<p><span style="color: rgb(0, 0, 0);">Yup, that&rsquo;s the whole tip. 👆</span></p>
<p><span style="color: rgb(0, 0, 0);">The predictable thing about crypto is that it&rsquo;s unpredictable. If that causes you to lose sleep, you may have too much at risk.</span></p>
<h2><span style="color: rgb(0, 0, 0);">Keep an open mind</span></h2>
<p><span style="color: rgb(0, 0, 0);">We&rsquo;re still in the early innings of this technology.</span></p>
<p><span style="color: rgb(0, 0, 0);">When the internet went mainstream, it was hard to imagine that companies like Facebook, Google, and Amazon would emerge.</span></p>
<p><span style="color: rgb(0, 0, 0);">The same goes for Ethereum and Bitcoin today. We don&rsquo;t know what amazing use cases will emerge or which projects will thrive.</span></p>
<p><span style="color: rgb(0, 0, 0);">We know it hasn&rsquo;t been easy out there. But the good news is that crypto has been through difficult times before.</span></p>
</div>
</div>
<div>
<div>
<p><span style="color: rgb(0, 0, 0);">Take risk off the table if you can&rsquo;t sleep at night</span></p>
</div>
</div>
<div>
<div>
<p><span style="color: rgb(0, 0, 0);">And that&rsquo;s often when the best building happens. 🏗️</span></p>
</div>
</div>
</div>

Crypto got you stressed? Here's how to cope with a downturn:  Forget peak net worth, avoid emotional trading, try dynamic dollar-cost averaging, prioritize sleep over gains, and stay optimistic about crypto's future. Learn these 5 tips and navigate the bear market with a clear head.

What to do in a crypto downturn

<div title="Page 1">
<div>
<div>
<h3><span style="color: rgb(0, 0, 0);">Cryptocurrency can be a volatile investment. Prices can swing wildly in a matter of hours or days, making it difficult for individuals to know when to buy or sell.</span></h3>
<p><span style="color: rgb(0, 0, 0);">However, downturns in the market can be the perfect time to buy crypto. Here&rsquo;s why:</span></p>
<h2><span style="color: rgb(0, 0, 0);">Lower Prices</span></h2>
<p><span style="color: rgb(0, 0, 0);">During a downmarket, crypto prices are generally lower than during a bullish market. This presents an opportunity for individuals to buy the same amount of cryptocurrency for a lower price. When the market eventually recovers, the value of the cryptocurrency will rise, and the investor will have made a profit.</span></p>
<h2><span style="color: rgb(0, 0, 0);">Long Term Potential</span></h2>
<p><span style="color: rgb(0, 0, 0);">Cryptocurrency is still a relatively new technology. It has the potential to revolutionize the way we do business, store value, and transfer funds. Buying crypto during a downmarket means investing in this potential for the long term. While the market may be down now, the potential rewards could be significant in the future.</span></p>
<h2><span style="color: rgb(0, 0, 0);">Diversification</span></h2>
<p><span style="color: rgb(0, 0, 0);">Buying cryptocurrency can be a way to diversify your investment portfolio. It offers a different type of asset than traditional stocks and bonds. By buying crypto during a downmarket, individuals can spread their risk across different types of investments.</span></p>
<h2><span style="color: rgb(0, 0, 0);">Opportunity for Learning</span></h2>
<p><span style="color: rgb(0, 0, 0);">During a downmarket, you have the opportunity to learn more about cryptocurrency and the market &mdash; learn about the technology behind different cryptos, and develop a better understanding of how the market works.</span></p>
<p><span style="color: rgb(0, 0, 0);">This knowledge can be valuable for future purchases and can help individuals make informed decisions.</span></p>
</div>
</div>
</div>

Is a bear market the right time to buy?  This guide explores why downturns can be a buying opportunity with lower prices, long-term potential, portfolio diversification, and a chance to learn more about crypto.  Discover how to navigate a bear market and potentially position yourself for future gains.

Should You Buy Crypto in a Downmarket?

Buying in a downturn

<div title="Page 1">
<div>
<div>
<p><span style="color: rgb(0, 0, 0);">With large price swings and markets operating around the clock, crypto&rsquo;s volatility can not only impact your investments but can also take its toll on your mental wellbeing too.</span></p>
<p><span style="color: rgb(0, 0, 0);">While 2020 &ldquo;officially became the most stressful year in recent history&rdquo; <a href="https://news.gallup.com/poll/352205/2020-sets-records-negative-emotions.aspx" rel="follow noopener" target="_blank" style="color: rgb(0, 0, 0);">according to Gallup</a>, &lsquo;Burnout&rsquo;, the mental and physical exhaustion experienced due to prolonged exposure to stressful situations, is now recognized as a chronic condition by the <a href="https://www.who.int/news/item/28-05-2019-burn-out-an-occupational-phenomenon-international-classification-of-diseases" rel="follow noopener" target="_blank" style="color: rgb(0, 0, 0);">World Health Organization</a>.</span></p>
<p><span style="color: rgb(0, 0, 0);">And with money being one of the most common causes of stress, crypto traders are at a heightened risk.</span></p>
<p><span style="color: rgb(0, 0, 0);">To prevent experiencing burnout, we&rsquo;ve put together five tips to help you keep a level head when trading and prioritize your mental health.</span></p>
<div title="Page 1">
<div>
<div>
<h2><span style="color: rgb(0, 0, 0);">Create a daily schedule &mdash; and stick to it</span></h2>
<p><span style="color: rgb(0, 0, 0);">The markets may operate 24/7, but this doesn&rsquo;t mean you should too.</span></p>
<p><span style="color: rgb(0, 0, 0);">Create set trading hours, and ensure you include breaks throughout the day to eat and get some fresh air.</span></p>
<p><span style="color: rgb(0, 0, 0);">Scheduling time for exercise will also help prolong mental stamina and reduce stress.</span></p>
<h2><span style="color: rgb(0, 0, 0);">Recognize when FOMO kicks in</span></h2>
<p><span style="color: rgb(0, 0, 0);">FOMO &mdash; Fear of Missing Out. We&rsquo;ve all experienced it, and at one stage or another, we&rsquo;ve probably all acted on it. Your social channels are brimming with posts boasting potential gains on a certain token, and you dive in headfirst.</span></p>
<p><span style="color: rgb(0, 0, 0);">The risk of allowing emotion to take over can lead to us neglecting trading plans and potentially investing more than we can afford.</span></p>
<p><span style="color: rgb(0, 0, 0);">The first step of overcoming FOMO is recognizing when it kicks in, and acknowledging that this reaction lacks any long-term perspective.</span></p>
<p><span style="color: rgb(0, 0, 0);">Stick to your trading plan, and think with your head &mdash; not your heart!</span></p>
<h2><span style="color: rgb(0, 0, 0);">Keep a trading journal</span></h2>
<p><span style="color: rgb(0, 0, 0);">Keeping a log of your trades will help you to identify patterns more easily. This practice will not only keep you on track for long-term success but will help to grow your confidence in trading too.</span></p>
<p><span style="color: rgb(0, 0, 0);">At a minimum, keeping a track of your entry, top, and limit price will help you identify the characteristics of your wins and losses, enabling you to refine your strategies.</span></p>
<h2><span style="color: rgb(0, 0, 0);">Take regular screen breaks</span></h2>
<p><span style="color: rgb(0, 0, 0);">Taking regular screen breaks is not only important for preventing eye strain and headaches but also for your concentration and overall productivity levels.</span></p>
<p><span style="color: rgb(0, 0, 0);">Try the 20&ndash;20&ndash;20 rule &mdash; every 20 minutes, look at something around 20 feet (around 7 yards) away for 20 full seconds.</span></p>
<p><span style="color: rgb(0, 0, 0);">They say it takes on average 66 days for a new behavior to become a habit, so for now, set a reminder on your phone for every 20 minutes and practice giving yourself a little less screen time.</span></p>
<h2><span style="color: rgb(0, 0, 0);">Last but not least, get enough sleep!</span></h2>
<p><span style="color: rgb(0, 0, 0);">Prioritize a good night&rsquo;s sleep.</span></p>
<p><span style="color: rgb(0, 0, 0);">It&rsquo;s an essential function, and without a decent amount of it, you increase your risk of disease and prevent your brain from functioning properly.</span></p>
<p><span style="color: rgb(0, 0, 0);">Trading performance is as much about mental stamina as it is anything else. Ensuring your body and mind have time to recharge should be a key component of any trading plan.</span></p>
</div>
</div>
</div>
</div>
</div>
</div>

Crypto's wild swings can wreak havoc on your mental health. Learn how to stay calm and protect your well-being with these 5 tips: create a schedule, avoid FOMO, keep a trading journal, take screen breaks, and prioritize sleep.

The Crypto Market Cycle

The Crypto Market Cycle

Buy and sell crypto in minutes