From the bull market in 2017 to the present, the price of mainstream cryptocurrency has fallen sharply. How much money do you currently have, you can buy cryptocurrencies in the future market. If the bear market will last for a few years. What do you choose to do?
After the last market collapse, I made a strategical move with diversifying my crypto portfolio. Some of the altcoins made a new higher-high price point and I liquidated my trades on those levels in order to buy other potential altcoins. The bear market is not done its job and the wave of the next downtrend is not far according to my market analyze. At least, the small amount of BTC is necessary for buying the cheap altcoins and this amount depends on the personal preference of the crypto traders. Understanding these facts will guide the trader for getting the best trading performance in the crypto markets. The facts show us the reality, the experienced traders share their opinion which is based on their market expertise. Buying at the bottom is the same to catch the falling knife in the bear market, in such cases I prefer to wait for the less foggy market environment which is best for buying the uptrend while the market is in the correction mood.