Post
Topic
Board Trading Discussion
Re: How trading during bear market can save your portfolio
by
pawanjain
on 22/07/2022, 16:35:11 UTC
...But again, things could have gone the other way around and so I am not complaining holding on to my coins because there's no loss until we sell at a loss....

Very often we learn about sale or buy by major players after the market has changed. An example of this is the sale of bitcoins in June by Tesla for $29000, which we learned about only yesterday after the publication of the company's financial report. In this case, it would be a good opportunity to buy back what was sold at a lower price.


May be they did buy bitcoins at $20k and may be that was the reason behind the current pump to $23k.
We never know what these large institutions are doing unless it is announced publicly.
All we can do is wait for such opportunities to dill our bags. We should try to buy whatever we can at such dumps.
Only then we can accumulate profits when the market go back bullish