When it's a bearish market, one of the important things to do when trading is selecting the right coins to trade. Well, this may not be easy enough, because, some coins may make us trapped, moreover the coins that rise up because of any hype.
I've also read that during a bearish market, there are several strategies that should be implemented:
- Short selling,
in the sense that we would be better off trading for a short term, not for a longer time because coins often change drastically to suddenly fall deeper
- setting stop loss
This is very important, actually both in bearish and bullish situations, but in bearish situations, really, don't forget, this is to prevent the risk of more losses for coins that fall again.
Source: https://capital.com/how-to-trade-in-a-bear-market