Quote from: Baofeng on December 09, 2018, 01:53:46 AM

Quote from: iTradeBit on December 08, 2018, 05:00:26 PM

Friends, what are you doing now, when the market situation continues to deteriorate, in your opinion how to take advantage of such a serious decline in order to win at least something? Did you manage to wake up the bear and get at least a small profit? Have you bought any coins in the hope of growth in the new year? I am only waiting for the market to wake up.

Do you mean the wake up the "bulls"?

One way to take advantage is doing short tradings. One example is that if you bought at least 1 BTC when the price is like $3600-$3800 and waited for a couple of days to go to $4300 then you can easily sell them off. That is if you're willing to take that risk.

As for waking the bulls, only way to wake them up is that if we're going to hear very positive news to sway investors to suddenly pour their cash on the market again, sadly though, we might not hear those kind of news this year, perhaps a BAKKT going live or Bitcoin ETF being approved by SEC will be enough catalyst to wake up and hear the herd to start their massive run again.

Yes, it seems he is mistaking bulls and bears as these are already in heavy actions right now. When they are in action, how to wake up them, lol.

I never suggest to go for short-term trading rather I am always suggesting to go for buying at dips. The current situation of this market is very good opportunity for the people who prefer to invest some small amount which may become very big in coming years. All they need to do right now is, buying with the very small amount right now and then waiting for another dip to happen. If anything like that is not happening then they must be happy with their current holding. This is one simple way to make use of every dips.