Many cryptotraders are waiting for the bull run and they think that bull market is the only way to make profit in trading. But for me TREND is our FRIEND. You can make profit even in the bear market situation. Always apply the buying low and selling high. Timing is everything if you will wait for the bull market you probably lost hope in trading. Trading is far different from holding. Those who wait for bull market are holders but if you are a trader you can make profit in bear market. The elements of good trading are cutting losses. Bullishness and bearishness represent an emotional commitment. You should have a good market analysis to gain success in trading. According to Alexander Elder, "Our goal is to trade well, not to trade often."
sure, trading is not the same as holding.
holding is too simple.
trading takes more nerves =)
there are several rules which will make your trading successfull:
1. create a trading plan
how much are you planning to gain for a certain period of time
what instrument to trade
2. ready to face losses
and set a certain level of loss which you are ready to face while trading
3. analyze the market, use technical analysis (support&resistance levels, ichimoku, etc)
and read analytical reports - at least 3 sources