Thinking about purchasing a Ledger Nano Hardware Wallet? Browse their official website: https://www.ledgerwallet.com/r/67ef Want to join coinbase to begin your crypto journey? Here’s a link to get free $10: https://www.coinbase.com/join/558828dc34383271a500003b Step up your game and Check Out Binance too: https://www.binance.com/?ref=10080191 Join the Robinhood app and invite your friends to Robinhood and win free stock. Here's my invite: http://share.robinhood.com/heidic1 Find me on Steemit: www.steemit.com/@heiditravels Twitter: @blockchainchick Instagram: @hheidiann If you’re looking for an app that tracks the price of BTC & ETH and many other coins, check out the CoinView App: https://play.google.com/store/apps/details?id=br.com.freeflowt.coinview LINKS FOR ADDITIONAL READING FOR THIS VIDEO & ALL INFO IN TEXT DOWN BELOW Before I begin this video I really need to emphasize that this is not investment advice, and really, everything presented to you here is my opinion and is the result of my own research as well, it should not be taken as professional investment advice. It’s easy to get greedy in this space where you can see big percentage profits in relatively short amounts of time, but if you ever lost sight of this fact, bear markets are great for handing you a dose of reality. What I mean by this is that the most popular investment advice ever given is to never invest what you can’t afford to lose. During a bull market when everything is going great and your seeing your investment increase this advice tends to take a backseat. What we all need to keep in mind is that every market, no matter if its, stocks, real estate or cryptocurrency, they all have bear markets. Unless you are an expert trader, earning an income through trades in a bear market can be awfully tricky. So if you’re deciding to hang tight and ride this out, here are some great ways to help you prepare for the next bull market. * Take your time to deeply research projects to find potentially undervalued ones that could see a lot of appreciation when the bull market returns. Get to know the team and the community, you’ll finally have the time to see how the sentiment is during a down time and how committed the team is to driving their project forward despite a boost in price. * At this point, if you are still able to partake in ICOs, and you’re hungry to see any kind of positive ROI, then ICOs could be an option for you. If you do choose this route, please keep in mind the lock up period between the ICO and when the coins are listed on exchanges, as this will affect your own liquidity. Also, you’ll need to ACT FAST once they are listed on an exchange to see the best profit. * You should also definitely remember that now is a good time to buy into coins you couldn’t afford to before. The best case scenario is that you took some profits near the top of the market and you now can take advantage of this down trend. If you weren’t able to take any profits but you’d like to move your investments around to get some promising coins, just remember to consider the fact that the coins you’re trading have depreciated as well. The trick is to identify which coins have had less percentage drops and which coins have the potential for higher percentage gains once the market picks up again. * If you’re considering selling now to buy back as the dip progresses, be wary of not buying back at a higher price. I’m only saying this for those who can be really unemotional when it comes to trading. I truly believe in researching different projects and being able to identify ones that have the best long term potential, this makes hodling much easier and bear markets much less apocalyptic. * It’s also a great time to go back and recognize the signs of “the top”. Bull markets only last so long, this could help you in the future when we inevitably see this cycle again. So go back and see what the mainstream media was saying around December of 2017, did they suddenly change from anti cryptocurrency to now giving tutorials on how to buy Ripple? Did Jamie Dimon completely change his tune from calling Bitcoin a fraud to now looking into having his own uses for blockchain tech? For those of you who are new to this realm of investing, these are invaluable insights to have for the future. * How to hedge your investments: look at “stable coins” like Tether, DigixDAO, when they release their DGX coins, or the offerings on Bitshares like BitUSD, but please keep in mind that even these pegged cryptocurrencies will indeed be feeling the tension of the dropping prices. If the tension is too much like a rubber band, they can very easily snap and you’ll be left with a loss either way. If you don’t believe me, just take a look at Nubits.