Scraped on 30/08/2025, 22:03:39 UTC
It is easier said than done, at least for a lot of people. People who are weak hands will definitely panic, newcomers will also panic and most of them will sell their bitcoins in a bear market, with a plan of buying back when the price starts appreciating again.
That said, everyone has a right to sell their coins when they want to, but i think rather than selling in a bear market, it is better to work with a strategy and have a target. Thus, if your target is met during the bull market, you can withdraw your some of your coins and leave the rest of it through the next cycle. It is better to have a strategy than for your strategy to be selling anytime there is a dip in price.
Original archived Re: Riding the storm of bear market
Scraped on 30/08/2025, 21:58:11 UTC
It is easier said than done, at least for a lot of people. People who are weak hands will definitely panic, newcomers will also panic and most of them will sell their bitcoins in a bear market, with a plan of buying back when the price starts appreciating again.
That said, everyone has a right to sell their coins when they want to, but i think rather than selling in a bear market, it is better to work with a strategy and have a target. Thus, if your target is met during the bull market, you can withdraw your some of your coins and leave the rest of it through the next cycle. It is better to have a strategy than for your strategy to be selling anytime there is a dip in price.