Quote from: Jet Cash on March 26, 2019, 10:34:11 AM

A bear market is a great time for accumulation, especially if you believe that the fundamentals are strong, and you can afford to hold for the long term. You can take chance and speculate by shorting the price , but you need to understand price movements to do this. The other alternative is a variation on price averaging. The price never goes straight down, but the drop includes periods of sideways movement, and price corrections when the price goes up. If you buy when you think the correction is near the bottom, and sell when you think it has gone up enough, then you can increase the quantity of Bitcoin that you buy. If you never take a loss, but move the coins that you can never sell for a profit into a HODL wallet, then you are just boosting the number of coins that you would have purchased as part of your averaging.

Note that this is an ultra safe approach, and is based on the opinion of someone who is not a professional adviser, and who isn't too good at chart analysis. With this approach, you shouldn't use money that you can't afford to lose, and you are prepared to tie up for a couple of years or more. Also you need to be convinced that the long term trend for Bitcoin is bullish.

1. "A bear market is a great time for accumulation, especially if you believe that the fundamentals are strong, and you can afford to hold for the long term."
--> I don't agree because:
- How long is long-term? You can wait for 3 months, 1 year, 3 years but can you wait in vain for 10 years or more?
- Today or next month or even next year the fundamentals are strong but who know they will be collapsed the second year because of sudden reasons?
2. You cannot understand the price movements and even the best traders because nobody can smarter than Mr Market
3. "The other alternative is a variation on price averaging."
--> I don't agree also because averaging price in bear market is the most stupid action. Never do this
My conclusion: Jump out of bearish market a.s.a.p and spend your precious time for your family and reading books to learn as much as possible about the market. The market is younger and younger but you're older and older. Don't be afraid of losing chances, be afraid of losing your money.
P/s: I am writing by smart phone so I can do smoothly. Please forgive me if I have any mistakes
Regards