Post
Topic
Board Trading Discussion
Re: How to Overcome a Bear Market in Cryptocurrency
by
SirLancelot
on 22/10/2022, 12:48:03 UTC
a rapid market recovery will only bring about a short-lived collapse. it will not make a good enough fix to survive in the market.
Just invest when market conditions allow. I don't see any very good conditions at the moment. some minor improvements were made, but that's not the reason for the end of the bear season.
I think it is better not to invest in this market now. But you can invest as you want. I think it will be very difficult to make a profit by investing now. So I think it is better to stay away from investing now. But  If you can invest for long term. Profit by short term investment is not possible now.
And why not when these are the best times to invest? Whether you are a short term or long term investor, you can never go wrong on buying low. Short term investors are in favor now because there are times where price can rise a little.

If you are good at spotting it then you can always sell some and earn before the price collapse again but if you are in for longer terms then you shouldn't be affected with that. Don't be jealous of those short term goers and don't be afraid of the constant decline but as long as you are consistent on what you are doing which is hodling, then all your efforts are going to pay off soon. The price can recover and pump, and then you can earn much more than those who short sell their btcs.