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.
there is only one thing that you newbies must learn and understand , and that is to Keep Holding when there is a turnover .
this will save your asses from losing more and from panicking.
but that is if you are ready and willing to take that step and risk?
if not then best not to continue in crypto because this is a place where you must know how to risk and accept.
Mostly people invest in the bear market,because then the possibility of get back the investment when their was in huge need.
i don't know if this is true because if you are in need of money specially in huge amoung? and you invested in crypto? then there is no complete possible way to know when you can gain your profit or if you will truly will.
If you inverse the money saved from the income, then you can hold it till the profit was achieved.The money can be earned from the profit if you sell the same in the bull market.
if you can keep holding , that is trly the risk mate.
The bull and bear market was sequential one, So try to use the market wise and inverse the money in the bear market.The bull market takes time,but till that the traders should hold their valuable money in the crypto asset.
in that we will be together , understand the market , learn when to buy and sell.