The bull market in the last couple of years has changed many lives. First, the market rose to new heights from BTC, going to $69K from $3K; this was followed by a consolidation and bear phase. It is obvious that the markets can not just go up; it is evident to fall due to both exhaustion and liquidity.

1. Risk Management in a Bear Market
The bull market in the last couple of years has changed many lives. First, the
market rose to new heights from BTC, going to $69K from $3K; this was
followed by a consolidation and bear phase. It is obvious that the markets can
not just go up; it is evident to fall due to both exhaustion and liquidity.
Bull markets are clearly profitable, but if you play your cards right, bear
markets can also make you money; in many cases, more than bull markets.
But there is a huge deal of hysteria involved when it comes to bear markets.
We can usually divide bear markets into four phases:
Phase one: first leg down
This phase comes liquidating a largely bullish market. In the case of
cryptocurrency, these usually start with a flash crash that takes minutes,
followed by a day or two of other minor crashes. During this phase, the
market sentiments are usually still bullish, and you will largely hear the word

2. 2
'correction' being used to describe the situation. People usually buy spots and
long contracts on critical support.
Phase two: realization
Around this time, people start to understand what hit them and plan on how
to recover their losses after buying the dip. The sentiments are mixed at this
time; extremely bullish individuals tend to stay bullish, and the moderates
tend to explore the possibility of a bear market. Huge short positions are
cultivated at this point as a hedge against their declining spot portfolio.
Phase three: stabilization
The market structure seems to stabilize both because of over-leveraged short
positions and immense upside liquidity. However, in this phase, the market
would go sideways for prolonged periods. While the sentiments slowly turn
bullish because of a bit of upside caused by FOMO shorts, the market is now
ready for another leg down.
Phase four: The last leg down
Generally caused by a black swan event, the bear run's last phase is another
series of flash crashes bringing in devastation and mayhem. People start to
lose hope in the markets, most of the market sentiment turns to extreme bear,
and there is a severe liquidity crunch. This is where the opportunist starts to
invest; this is the actual ' buy the dip' phase where institutions tend to get
involved. This phase is hard to find and usually, in crypto, is very short-lived;
markets are heavily profitable to get in and are totally in chaos and disarray.

3. 3
Alternative investment strategies in
cryptocurrencies that are testable in crypto winters
Liquidity provider
A liquidity provider is when an individual provides liquidity to exchanges,
generally decentralized. Instead of just investing in cryptocurrencies, you can
get interest by staking your investments into a token -stablecoin pair. For
example, you can stake your BNBs along with USDTs, essentially locking them
for a given period of time. Investors with a high-risk appetite can't be satisfied
with these returns, but it is an excellent way to save your cryptocurrencies or
stable coins from unproductive FOMO or FUD.
Spot
This is something every opportunist does. When the markets are in their last
phase, and the fear and greed index indicates extreme fear, they can start
investing money in the markets, preferably top-tier coins. Investing in the
market all at once is also not recommended; only 5-10% of an investor's
stablecoin portfolio should be invested at one time and then repeat the
process during another dip. This method is known as DCA or Dollar Cost
Averaging, and it is highly beneficial in times of bumpy and unstable markets.
Futures and options
Options and futures are perpetual trading strategies that are essentially
leveraged contracts that allow you to bet against and with the markets. To bet
against the market, traders need to use the put and short contracts and to bet
with the market; traders need to use the call and long contracts.

4. 4
Traders also can hold short positions for a prolonged period of time. These
are known as swing shorts and are widely used during bear markets. To avoid
the whole market situation altogether, traders can scalp in time frames
spanning from seconds to minutes and earn unbelievable amounts of profit.
NFTs
With the recent bearish market conditions, the NFT markets are also not
looking good. But many NFT and NFT labels are not correlated with Bitcoin
and the crypto market; hence can be profitable.
Low market cap gems
Low market cap gems have very low volumes and market cap; these coins
generally do not have enough liquidity to follow markets and thus have the
potential to outperform markets. It is important to note that some of these
coins are either meme coins, fake, or just downright flawed. Investors need a
high level of fundamental analysis to get profitably make money out of this
high-risk, high-reward scenario.
ICOs/IDOs
ICOs and IDOs are another way to get in on some new tech trying to raise
funds for launching their products. These are high-risk, high-reward machines
that can yield profits that can multiply your primary investment. Smart
money and fundamental analysis are the two skills that are highly
recommended before getting into this strategy. To find some good and
upcoming ICOs or IDOs, you can visit CoinGabbar.
Some tips for risk management in the bear market

5. 5
1) Diversify your spot portfolio; never go all in into one cryptocurrency or
stablecoin.
2)Never just trade with your whole portfolio; a bear market means lots of
volatility and liquidity issues.
3)Explore nontraditional strategies and methods(as mentioned above).
4) Sometimes, it's better to just sit out and observe.
5) Consider hedging.; basically, bet against your own spot portfolio according
to your analysis.
6)Do not FOMO or spread FUD; take your money decisions whenever you are
calm. Instinctive decisions do not always work.
7)Do not overtrade.
8)Cut back on your costs. Try to save and invest as much as you can
(responsibly)in the fourth phase of the bear market.
9) Try to upskill yourself during this time.
10) Catching the bottom is a myth; always play strategically and DCA.
11) Learn to cash in your profits; markets are not meant to go in the direction
of general consensus.
Conclusion

6. 6
It is always believed that bull markets are for earning and bear markets for
learning, but in due time burning through your hard-earned income and
investments is not a very good strategy. Therefore it is advisable to always
plan strategically for the short, mid, and long term. Strategic planning and
investments have a few and low impact risks considering unplanned
strategies that usually lead to disasters and liquidation.