photo
Publisher
@lou
Caption
Weathering a bear market

Photo by Maxim Hopman on Unsplash
Genre
Published
Jan 28, 2022
10:44 PM

The simple Bear Market Necessities

Photo by <a href="https://unsplash.com/@nick604?utm_source=magma&utm_medium=referral">Nick Chong</a> on <a href="https://unsplash.com/?utm_source=magma&utm_medium=referral">Unsplash</a>
Photo by Nick Chong on Unsplash

  • When a bear market hits, all trader should know how to combat a downtrend and prepare for the next step of the cycle. here are some strategies you can employ to mitigate risk and maximize returns.
    1. Always keep a stable stash
    2. Stake your tokens
    3. Understand the concept of ‘maximum pain’
    4. Explore DeFi on alternative chains

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