Re: How will you make profit on altcoins at this times?
Due to the market falling apart and lots of holders are in the panic button
how will you think you can survive this scare at the market, will you sell
or you will still continue trading? how can you make any profit
at this time, please share your experience so that we can help others
Short it. I'm not selling but I'm increasing my holding by shorting any coin that's about to fall. I've successfully shorted EOS on Bitmex a few days ago. You make more BTC by shorting on bear market than long on bull market how will you think you can survive this scare at the market, will you sell
or you will still continue trading? how can you make any profit
at this time, please share your experience so that we can help others
Btw, the bottom is near I think. Anyone who makes it this far shouldn't sell now or they'll lose the game completely by selling near the bottom. I think I'll survive by not selling and instead accumulating more in a bear trend like this.
Shorting is the best thing in theory during a bear market but first of all it is very risky, you might get short just before a bull trap and get stopped out with a big loss unless you set your stop losses very tight. It requires a lot of experience to do it and I stayed away since I got severly burned shorting oil when everything indicated it would go lower