Why do some people make money in a bear market while others lose everything? The difference often isn't in the market itself, but in the timing.

Many investors panic and cut losses at the first sign of a dip, only to chase the market back up and buy high, falling into an endless cycle of being trapped. A bear market is actually a filter—those who survive are usually those who do one thing right.

So, how to survive? It's not that complicated; there are three main strategies:

**First, strengthen your basic knowledge.** Token economic models, on-chain data analysis—these things are often ignored during bull markets, but become the best learning opportunities during bear markets. Spending time understanding mechanisms is far more reliable than blindly chasing hot topics.

**Second, build a systematic position.** Don't gamble on a single asset; focus on mainstream coins with top market caps and allocate gradually each month. This isn't about betting on a single outcome—it's a probability game—diversify risk and accumulate chips.

**Third, stay agile.** Keep enough cash on hand; when the market drops into extreme panic, it's actually a good time to buy. Having bullets is better than having none.

History's pattern is harsh but clear: those who chase the pump make quick money, but true wealth is accumulated silently at the bottom.