I Thought I Could Outsmart the Bear Market. I Was Wrong

The first time I lived through a crypto bear market, I thought I was ready.

I had charts, alerts, and a stubborn kind of confidence that the dip was my golden opportunity. What I didn’t have was patience or perspective.

See, when the market turns cold, it doesn’t just test your portfolio; it tests your discipline, your conviction, and your ego. Everyone feels like a genius in a bull run. But in a bear market, the real lessons begin usually written in red candles and regret.

One of my biggest mistakes was thinking I could catch every bottom. Every 10% drop in Bitcoin looked like the opportunity of a lifetime. I threw money at the chart like it owed me something.

Bear market

But bear markets are masters of deception they give you ten fake bottoms before the real one shows up. I learned that emotion isn’t a signal. Trends take time, and the market doesn’t care about my optimism.

Then came the boredom. With volatility fading, I started overtrading just to feel alive. I scalped low timeframes, jumped from coin to coin, convincing myself I was “being active.” In truth, I was slowly burning through my capital. Every unnecessary trade was a small leak in a ship that didn’t need fixing. Patience, I learned, is the real alpha in a bear market. Sometimes the smartest move is no move at all.

I also made the classic mistake of holding bags that were already dead. Tokens with no development, silent teams, and vanishing communities I held them out of hope, not logic. Watching them drop 90% taught me something brutal: hope isn’t a strategy. In the same period, projects with strong developers kept building quietly in the background. When the cycle flipped, they were the ones ready to run.

Memecoins

And yes, I chased meme coins in the off-season. It’s embarrassing, but I did. I thought lightning would strike twice. But meme coins need hype like fire needs oxygen and there’s no hype in a bear. They’re fun, sure, but when liquidity dries up, you’re left holding punchlines, not profits.

The worst of it, though, was panicking without a plan. I had no exit strategy, no rules for cutting losses, no clear idea of what I was even aiming for. When fear hit, I sold at the bottom. When greed whispered, I bought too late. Bear markets punish hesitation and reward structure.

Now, when the charts go quiet, I zoom out. I study new narratives AI, real-world assets, DePIN, L2s and look for the builders still grinding when nobody’s watching. Because that’s where the next wave always starts.

If there’s one thing I’d tell my past self, it’s this: don’t just survive the bear market use it. Learn, research, and prepare. The seeds you plant in despair are the ones that bloom when the bull returns.

If you enjoyed this read, please like, share and subscribe to get more of such articles straight to your inbox.