Post
Topic
Board Bitcoin Discussion
Re: What to do when there is a bear run in Bitcoin
by
sheenshane
on 24/04/2023, 23:17:37 UTC
Do not panic:

Evaluate dollar-cost:

Have a clear investment plan:
These are very important when you're investing in Bitcoin which I quoted above and in addition to this, set your own goal in making a profit.
Usually, the most recommended when there's a bear market is to have a DCA way of purchasing Bitcoin until the market will recover from a bear.  You should always remain calm and avoid making any hasty decisions that lead you to become panic selling.

Accumulating more Bitcoin at a lower cost and doing DCA purchases when there's a bear market could lead to higher profits in the future when the market eventually recovers.