Shiba Inu Exec Teases Guide On Dealing With Bearish Days

Shiba Inu Exec Teases Guide On Dealing With Bearish Days

Bearish days are some of the most worrying times in the digital currency ecosystem and investors tend to lose faith during this period. Based on this, Lucie, marketing leader at Shiba Inu, has shared Some unique things community members can do to weather the current bearish storm.

Bearish days are some of the most worrying times in the digital currency ecosystem and investors tend to lose faith during this period. Based on this, Lucie, marketing leader at Shiba Inu, has shared Some unique things community members can do to weather the current bearish storm.

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Bear Market To-Do List

It is worth noting that bear market days are often characterized by elongated days, where Shiba Inu ends the trading day in the negative. At the time of writing, Shiba Inu has fallen 0.34% in 24 hours and more than 15% over the past week.

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According to Lucie, it is best for long-term investors to stay away from the market. While she was away, SHIB’s publicist said investors can try to focus on long-term goals. As a community, Shiba Inu’s long-term goal is to reach the price of one cent. To achieve this, a large amount of SHIB needs to be burned out of circulation and enough use cases added to the market.

Lucie also emphasized the need to educate yourself to overcome the bear market. The executive advocated limiting exposure to social media where fear, uncertainty and doubt (FUD) spread, while also boosting portfolio diversification. Another intention is to stay connected to positive communities while practicing the discipline.

When necessary, Lucie noted that taking breaks is important, as users are likely to do better when they reflect on past market cycles.

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Brighter days were unleashed

As a product of the financial market, Shiba Inu is unlikely to stay down forever. With its strong correlation to Bitcoin (BTC), it is also likely to follow any bullish recovery the major coin may see in the future.

Shibarium, the project’s Ethereum-based Layer 2 scaling solution, also serves as an important catalyst to watch as Shiba Inu charts a path to recovery.

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