AskLeo - Any "Bear Market Strategy", Sir?

Before throwing rocks at me for even mentioning "bear market" at the moment, while being at the same time so vocal about a potential super cycle that we might be in, lets start from the premise that we don't know exactly what's going to happen in the next three, six months, or even a year.

Well, we actually don't even know how the market is going to behave. The ones claiming to know are the biggest charlatans in the crypto space. If they knew that, they would probably be billionaires by now.

My gut feeling tells me that we won't have anymore of those harsh cold bear markets as we had the past two cycles, but my gut feeling might be wrong, thus for the sake of this interactive post lets discuss what would I would do in case we will have a bear market similar to the one from 2018 in the near future.

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What's the strategy?

First of all I will have to mention that I will sell all the way up, if we get parabolic across the board, and once I feel we're at the peak, or a peak, I will start shorting certain coins, thus way earning on both the way up and down...

Afterwards I am planning to cash out some powder and the rest will be staked so I can earn decent enough without needing to sell my blogging tokens at bear market prices and still be able to live off of crypto, or at least cover most of my expenses with crypto money.

If we don't enter a proper bear market then I might hold most of my coins and probably stake them and get some interest on them. I am prepared for either scenarios. As mentioned on my blog for several times, I do believe that there won't be much selling pressure, especially on Bitcoin, once it peaks, as it was back in 2018.

The mining rewards are halved, according to some analysts miners aren't selling much even at these prices as they better stake most of the coins or use them as collateral and live off of interest. We also have large financial institutions that have accumulated a lot of Bitcoin and don't plan on selling. Moreover, it seems that 98% of the Bitcoin to be mined will have been mined by 2030.

If it is to become a store of value, then not many will be willing to give away that store of value for inflationary currencies. Probably some cooling off period will come after potential parabolic raises, but I believe we have slim chances for a true bear market. I am prepared for both scenarios though. What about you?

Thanks for attention,
Adrian

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