Post
Topic
Board Economics
Re: What should you do in bearish market?
by
KennyR
on 27/03/2019, 11:19:21 UTC
2. FOCUS ON READING BOOKS, SEEKING FOR INFORMATION, GETTING MORE KNOWLEDGE
....
When the crypto market starts to bullish, with the knowledge you have just acquired, will you invest better when you don't know anything?

I see this reading thing and gathering of information while market is bearish as a corrective measure, to gain knowledge and take better decision next time. Because you can't have all the time or emotion to be reading at the time your money is at risk , you rather would be looking for means to safe your loss.
Agreeing with you, a bad market has taught many things to me, because then I become more patient and not greedy, because the Bitcoin market can be tamed with extensive knowledge, and it requires failure first.
You also need to believe that there is a future in Bitcoin in order not to be tempted to sell of during bear market. This is the reason why most of new people in cryptocurrency tend to be a panic seller.
As the market fluctuates without any prior indication, the large scale price fluctuation easily make the people get into panic attacks. These days very few get as a prey for the inappropriate news that is being circulated. Bearish market is same as bullish market and the fluctuation continues with it. It is us and who are knowledgeable can make use of it in making profit.