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.
I think finding hidden gems is going to be really difficult in the bear market because coins get dumped too hard in bear runs therefore you have to rely solely on white papers to choose the best among all the projects, I think the only thing one can do during a bear run is buying every dip, I really repent not buying on dips in 2019, I think best one could do is load your bags as much as you can especially for the people who are lucky enough to sell at or around the top. At best you can do is put out some money to cover your living expenses for at least 3 years because I feel that generally is the longest duration for which bear runs last.