Post
Topic
Board Altcoin Discussion
Re: How to Generate Profit in this bear time?
by
m_nief
on 02/10/2022, 14:50:03 UTC
staking valuable coins or putting for example your btc to flexible or fixed savings, if you are just waiting for the market to recover. scalping is also good if you know the strategies to get as much profit as you can. don't get involve in futures if you have no idea about this type of trading. you can easily get liquidated and lose all your profits. for staking, choose your coins wisely. assess if the coin will recover or increase its price once btc starts to rise. it means, coins with good use case and active application in the market would be a good start to check out.
During in bear time I think staking bitcoin is best option because have passive income as staking reward and another side we are investor in bitcoin when price still drop, except with scalping is worth but I looks staking more promising to earn profit. Just for investor want to hold in long term, but for trader with short term keep scalping are the best choose for them. Not easy try earn profit with scalping this bear time, we can't predicting about bitcoin suddenly going down although have reach good price.