Hi, I'm just trying to plan ahead here and assuming that we are going to have a bear market at some point in the next couple of years, I would like to try to put my bull market profits to good use. I was wondering what is your strategy to continue making money when things turn bearish?
Whether it's shorting, leveraging, trading, earning interest, finding hidden gems, longing coins that perform well in a bear market, investing in gold or the stock market or anything else, I'm interested to hear what strategies you are planning to use and how you are planning to execute them in order to continue making money. If you made money during the last bear market I would be interested to hear how you did that as well.
Thanks.
You just have to do one thing. When it bearish and the price dips, invest more. Keep investing what you can afford to lose. In the long run, you will be making massive profits. If you are looking for making profit in short run during bear market, then you can try trading. Take advantage of the volatility and earn some quick profit. But the risk is high. Avoid looking for "new" altcoins that will give you some quick profit. Most of those coins are just pump and dump scam coins. And you should be careful when trying to earn interest with bitcoin. To earn interest you will have to store your coins to wallets that you don't own. Not your keys, not your coins. If the key owners get hacked or disappear, you lose everything.