Post
Topic
Board Beginners & Help
Re: What's your next step if you experience a Great BEAR MARKET ?
by
Stable090
on 03/04/2024, 22:30:29 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?
After losing half of your investment, the only left to do is just to keep on holding, if you can sell at that moment, then you are already at lose, so it doesn’t make any sense, and you should know that when you buy a coin, the only thing that reduces is the value of the coin, but the amount of the coin which you buy still remain the same, so you just have to overlook your investment. Also sometimes market do recover when we never expect, don’t be surprised that after selling bitcoin or the coin might bounce back. I know it’s not really easy seeing your money drop as a newbie, but you should have knowledge about things like that before you start investing in bitcoin or any coin.