The prolonged decline of a bear market, step-by-step losses, and the test of investors' psychological resilience.

During a bear market, pessimistic emotions and overall negative investor sentiment may arise, which often lead to impulsive actions, hasty decisions, and panic selling. These can pose risks to the overall long-term performance of your portfolio.
Two main mistakes investors make when feeling anxious are: over-investing and lacking conviction in their investments.
To seasoned crypto investors, I offer some experience:
No one likes losing money, but young people should feel excited about bear markets;
You need to find the optimal point where you have enough confidence in your investments while managing the resources allocated for investing, so you can be patient and fully adaptable for a long time. Ultimately, bear markets are places where miracles happen, such as buying $ETH at $90 in December 2019.
When you're young, time and human capital are your greatest assets. You have time for compound interest to work in your favor. Time to wait for the long bear market to end. Your future profitability is equivalent to future savings; whether the market is high or low, invest regularly.
The advice for young people during a bear market is quite simple: keep saving, keep investing, and don’t be scared off by the market.
Three perspectives are crucial for surviving a bear market, and this is also a key to making big money.
First, investors should set aside enough cash in their portfolio to cover two years of expenses. In other words, you should never invest any funds you might need within the next two years.
Bear markets are unpredictable, but we find they typically occur once every five years. By keeping cash on hand, you give yourself a chance to build a reserve that can help you survive unexpected bear markets.
Second, during the recovery phase after a bear market, it’s essential to manage cash reserves carefully. Having reserved five years’ worth of cash means you don’t need to sell tokens at lows. As the market declines, you can rely on your reserves to sustain yourself until the tokens you bought recover.
Third, you must realize that most bear market recoveries happen faster than anyone expects. Historically, the average recovery time from peak to peak is 12 months, and the current bear market has already lasted six months. $BTC