We're currently experiencing a bear market phase. How do you intend to secure profits once the market undergoes a turnaround? What proves to be the most formidable obstacle in executing this strategy? If your intention isn't to convert profits back to fiat, kindly explain your philosophy regarding this choice. Newbies in this platform like me could gain insight from your past experiences.
I have seen many people not opting for small time gains. They are interested for big profits in a single amount of time. For them bear market is like heaven. They buy the high valued coins in this time in cheap and hold it for long time. They know the true value of the coins. Hence buy in the bear market and hold. They do estimations and speculations and sell only at the peak time in order to yield the maximum profit. This is the only good and working strategy followed by smart people.