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.
when the market is down the best thing you can do is hold
but always prepare for bear market and dont put all you money in crypto
strong hands and long term investor is the one who always win and gain profit in crypto and we all know they deserved it.
just think of it as long term investment and when the market is down do something else
You do not have just to hold, but you can also buy more as the price is down, so you will get more amounts when you buy more. That will depend on your budget because not all of us will buy more in the dips but they can panic selling. That is not recommended because the price can bounce up after drops. Although the increase is not too high but it will slowly increase and back to the high price.
That is why we need to have a strong hand to hold the coins and avoid panic when the price drops. Just leave the market when the price is dropping so you do not think much about the situation and do not panic selling.