A good trader earns not only on the growth of the market, but also on its fall. This is what traders differ from holders, they always earn. If you need a change of trade in order to be a good trader, I have bad news for you.
Good traders try to get the opportunity even if the you are at fallen market but he will try to make money form it using the rule of buying at low price and selling at high, there will be good and bad news at the same time but we will not have to listen bad news but try to make decision by holding if you will keep holding it will give you profit, so buy low and trade higher is the best strategy.
Simply put, efficient traders don't get affected by what's going on in the market. Being more like a robot with their emotions set aside to avoid giving in to panic or over-excitement. Like in the recent decline of btc back to the 7k levels just a day ago. Good traders didn't give in to fomo then and it seems there are a lot of these kinds of traders now as we've gotten back to 8k. People do learn sometimes 😁
Opportunities are here and there, it happens every year. Pro traders have a self-confidence when it is about to catch the trend and trend is a friend of expert traders.FOMO is not bad as it sounds but new traders can't use it properly.
Exactly. The bear market has really been tough and making money in trading in a bear market is not very easy. Now when the market is high, and if your initial cost of investment had been down, you can withdraw with good profits. If you speculate low and HODL, you gain value as well. So the bull market no doubt opens so many opportunities.
Word from a sensible man. You are absolutely right, I see many people complain that trade stopped during the bear market because of the market was less volatile, Is the volatility in bear market still not better than the one found in forex and yet, people are still making so much money in forex on a daily basis irrespective of the market condition.
Any trader that has all the strategies that you mentioned and is well fortified with enough knowledge of trading, and then he will absolutely make it in any situation he founds him or herself in the cryptocurrency trading. I traded a lot during the bear and bull market and both has been very profitable to me.