No matter how red the market is, I also can guarantee you that money will be made in cryptocurrency market. In actual fact, the best performing coin of the future usually start development during bear market and with defi and other new idea in cryptocurrency, bear market is good market as well! It is now depend on your skill and the knowledge you have in making profit during bear market!
As long as there is a strong trend then there is the possibility of making money, people forget that not only you can go long on bitcoin you can also go short if your trading strategy tells you that the price of bitcoin will go down, so it doesn't matter what market conditions we are facing there is always a way to make money with them, this doesn't necessarily mean that this is going to be easy, but as long as you have an effective trading strategy then any market conditions should be good enough for you to make profits no matter what.
Before we decide to dive into the crypto world, it's a good idea to prepare everything, so that we can face whatever happens in the market.
People who are fully prepared will always have a way to make a profit whatever the situation, looks like what you say is very possible for us
to make a profit when the market is bearish like now. It all depends on how effective the strategy we use is, if the strategy we use is effective,
either the market is bullish or bearish, we can still generate profits. And to be able to have a good and effective strategy, of course we have
to make preparations beforehand. So don't be in a hurry to invest in crypto if our preparations are not good, then do the preparation well by starting
from learning about the crypto world first. If we have a good knowledge of the crypto world, we will know what to do to make a profit.
