In peacetime, prepare for war; during the bull market, prepare for the next bear market. In 2025, we will bid farewell to the bull market and enter another winter.

I share with you some of my views on the next bear market, hoping to help you.

1) It is foreseeable that the next bear market may be more brutal than before:

Why do you say that? Since 2021, we have seen increasingly stringent regulations on cryptocurrencies, and by 2025, this problem may be even more serious. For example, the current decentralization is very different from the situation before the 2021 bull market, which is subject to regulatory decentralization or improved centralization, and therefore the privacy-focused token $XMR was delisted.

2) Turn to real asset investment instead of overly extreme methods.

For example, suppose you now have 5% of your assets invested in cryptocurrencies, and you are familiar with and confident in a certain token, then there is no problem, this is a reasonable configuration.

But if most of your assets are in cryptocurrencies, then this is very dangerous. Once you enter a bear market, you will see a surge in hacks, scams, and all kinds of fraudulent activities, and the biggest risk is stablecoins. Do you remember $UST in 2022? Who would have thought that such a large-scale scam would happen.

3) If you have achieved a 100x profit at the end of the bull market, the next step should be to transfer these savings from cryptocurrencies to real-life investments

You can get involved in different areas:

Stocks, real estate, physical gold, etc. You can even deposit in a bank. Although it is not my first choice, reputable institutions are safer and less risky than on-chain stablecoins.

4) The SEC actively cracks down on cryptocurrencies that lack clear regulation, and this trend will continue.

As the SEC "cleans up" the industry, retail investors will become more confident, making them more willing to invest in cryptocurrencies. From this perspective, the global stock market will reach $100 trillion in 2023, while cryptocurrencies are currently only $2 trillion.

If 4% of funds flow from the stock market to cryptocurrencies, the price of the currency will increase by 3 times.

5) $BTC , $ETH are still the safest "bets", most altcoins are likely to go to zero in a bear market, so it is unwise to invest in them for a long time