Post
Topic
Board Bitcoin Discussion
Re: What to do when there is a bear run in Bitcoin
by
Upgrade00
on 24/04/2023, 22:48:16 UTC
You prepare for a beer market when purchasing and not when he beat market starts. When buying Bitcoin I use only spare money and plan how long to hold for, or at best and estimate of the time range before I get my desired profit. This means I'm not moved by the volatility in the market cause I'm not in any need of the money invested.

Evaluate dollar-cost: before buying Bitcoin during a bear run consider dollar rate.
Dollar Cost Averaging does not consider dollar rate. It's just a frequent and regular purchase of Bitcoin or any asset.