During the downturn in the crypto assets market, many investors face significant challenges. Some have lost all their funds, while others have exited the market due to psychological pressure. However, investors who can persevere during a Bear Market often reap substantial rewards during a bull run. Here are five common investment traps; understanding and avoiding them can help you maintain long-term competitiveness in the market:

1. Over-leveraging in a Bear Market:
During a Bear Market, the market direction is unclear, and frequent fluctuations make it easy to trigger stop losses whether going long or short. Even if you correctly judge the major trend, short-term volatility may quickly deplete your funds. Recommendation: Focus on spot trading, consider small regular investments or temporarily abstain, and protecting the principal is the top priority.

2. Influenced by market manipulators:
Bear Market often shows sideways fluctuations, and many investors rush to buy during slight uptrends and hurriedly sell during downturns, resulting in actions that are often contrary to the market rhythm. Such operations can lead to buying at high prices and selling at low prices. Recommendation: Do not overly focus on short-term trends; market trends should be analyzed from a longer time frame (such as weekly charts). As long as the overall direction has not changed, do not let short-term fluctuations affect your decisions.

3. Participate in high-risk primary market:
In a Bear Market, there are few genuinely promising projects in the primary market, and instead, some bad projects may emerge that take the opportunity to raise funds. Once the project team absconds with the money, retail investors often find it difficult to defend their rights. Recommendation: New investors should avoid the primary market and focus on learning trading skills and trend analysis in the secondary market first, and not attempt to look for so-called "shortcuts".

4. Over-reliance on market news:
It is very dangerous to invest wholeheartedly based solely on so-called "positive news." Many times, this news may have already been digested by the market and may even trigger "sell-off" behavior.

5. Ignoring Risk Management:
Many investors overlook the importance of risk management in a Bear Market. Not setting stop-loss points or overly concentrating investments in a single asset can lead to severe losses.

In conclusion, successful investing in the crypto assets market requires patience, discipline, and continuous learning. By avoiding these common pitfalls, investors can better survive in a bear market and prepare for future market opportunities. Remember, the market is always cyclical, and maintaining rationality and a long-term perspective is key to success.