Post
Topic
Board Trading Discussion
Re: How trading during bear market can save your portfolio
by
tvplus006
on 24/07/2022, 10:19:15 UTC
While institutional investors make all kind of movements that are simple impossible for us I think it is better to concentrate on what we can do with our limited resources, and right now the price of bitcoin is still very attractive, maybe it is not the bottom we saw some time ago but whenever you can buy a good asset for a discount larger than 50% that seems like a good entry point if you ask me, and the best of all of this is that I think we are going to see the bitcoin price remaining below that threshold for a very long time, so we will have enough time to accumulate as much bitcoin as we can before the next bull run and in that way increase our profits.

Even if we now see a correction before a further decline in the price of bitcoin, this is a really good point to buy coins for short-term trading. It is precisely such corrective movements that allow you to make a profit on the bear market. But if it really was a market reversal, then you just need to keep holding BTC to the new ATH.