Quote from: FlamingFingers on Today at 05:19:07 PM

Quote from: bbc.reporter on June 13, 2021, 06:58:18 AM

I want to know everyone’s suggestions.

I reckon the best cryptocoins to buy as long term investments during bear markets might be those exchange utility tokens like FTT and BNB. Exchanges always collect revenue in bull and bear markets and this gives the tokens some fundamental backing. Also, the utility of those tokens in their corresponding exchanges create a demand for them.

there's no solid altcoins to hold during bear market, the best thing to do is to just stay in usdt and swing trade for a short time, no matter how strong the fundamental of the coin is it will surely dump, I could recall during the last bear market eth went below $90, just imagine how strong eth is, it came down beyond expectations, so its best to stay in usdt during bear season

That gonna be a wise decision and holding stablecoins during the declining trend is the safest way to secure our funds from losing. But sometimes we got unlucky especially when we bought a coin and later on it drops, that really disappointing and we have nothing to do is to hold until it rises back.

This is how it figures out that buying a coin must have to do a market analysis first. However, it was sometimes neglected as we are overly confident that the prices will keep on growing and we forgot the volatility of the market. And as the market crisis strike again, it was best is to observe first before we buy.