Post
Topic
Board Beginners & Help
Re: What's your next step if you experience a Great BEAR MARKET ?
by
Hypnosis00
on 03/04/2024, 21:30:46 UTC
...
Initially you want to hold for a very long time but as a result of the bear market you loose your capital and half your investment yet the market is showing no sign for you to recover.
What's your next step as a first timer in Bitcoin /Altcoin trading?
Drops are expected after bull season, sometimes it is even more than half of the current price. But remember, if you are buying only Bitcoin and keep holding it, you will never lose any amount. And have to tell you that investing in crypto needs some faith and trust, holding is necessary during the bear season but if you don't have these things, I'm very sure that you will think negatively and sell your coins at a losing price. That is why you should ask yourselves if you really have faith in doing this and trust the project you invested in. Otherwise, don't bother yourselves to buy and take risks because you only lose your money.