Looking into a store of value, stablecoins and crypto products that offer reduced risk
During a crypto bear market, the value of assets drops, but there are ways to survive this downturn. Here at DappRadar, we often talk about opportunities, and when the market is euphoric, it’s easy to get carried away. But during a bear market, we need a bit more security and less risk. Now that’s exactly what this article is all about.
Surviving a bear market is not about removing all your money from the crypto space. Instead, it’s more about finding opportunities that involve less risk, and perhaps also less yield. While a certain crypto token price can drop 90%, maybe an NFT collection only drops 30% in USD value. Or perhaps the value even increases when measured in ETH, SOL, or BNB for example. It’s safe to say that there are plenty of opportunities for those that want to survive the crypto bear market, and that’s why we have made this list of five tips.
