Topic: Best things to do in this Read(bear) market by experience (Read 130 times)
During this bear market, focus on coins that have good fundamentals and are in the top 25 of the coinmarketcap. Better accumulate in tranches every price dip to have a bigger position on a specific coin and better not check your portfolio often (as in very day) so that you would not be disheartened very time your portfolio goes down.
By experience i am telling
This type of bear market came in Last February too. what most did sold thier portfolio for low price. thats not the solution. I also had a portfolio 5000$ in january , it decreased to 2000$. but i did not panic.
= wait for the maximum dip of the all coins
=option 1 - you can sell your portfolio and take potential coins. previously i taken ziliqa token.
=option 2 - keep your portfolio as it is.
best thing is option 1 , its better to buy brand new tokens , those did not face 1 st market cycle too.
after 2-4 months, when bull market arrives we can expect a big hype.
I experienced my portfolio ran 2000$ to 10000$
this time also you can wait , and take Pchain, NKN
This type of bear market came in Last February too. what most did sold thier portfolio for low price. thats not the solution. I also had a portfolio 5000$ in january , it decreased to 2000$. but i did not panic.
= wait for the maximum dip of the all coins
=option 1 - you can sell your portfolio and take potential coins. previously i taken ziliqa token.
=option 2 - keep your portfolio as it is.
best thing is option 1 , its better to buy brand new tokens , those did not face 1 st market cycle too.
after 2-4 months, when bull market arrives we can expect a big hype.
I experienced my portfolio ran 2000$ to 10000$
this time also you can wait , and take Pchain, NKN
As an investor avoid peeping in in the price too often, an prepare for a long Hodl.
Don't only look for positive predictions, take the market as it is. Traders should look for strategies suited for the bearish market. And to be safe trade top currencies with high market cap.
Yes, it is better and more profitable to buy coin of interest now as the price if low and hodl for long term because by the time you decide to sell the price would have increased and you will earn reasonable profit.
By my own personal experience the best thing to do in this bear market is to look for coins with potential and try and invest in them then once the market recovers you can decide to sell or hold
By experience i am telling
This type of bear market came in Last February too. what most did sold thier portfolio for low price. thats not the solution. I also had a portfolio 5000$ in january , it decreased to 2000$. but i did not panic.
= wait for the maximum dip of the all coins
=option 1 - you can sell your portfolio and take potential coins. previously i taken ziliqa token.
=option 2 - keep your portfolio as it is.
best thing is option 1 , its better to buy brand new tokens , those did not face 1 st market cycle too.
after 2-4 months, when bull market arrives we can expect a big hype.
I experienced my portfolio ran 2000$ to 10000$
this time also you can wait , and take Pchain, NKN
This type of bear market came in Last February too. what most did sold thier portfolio for low price. thats not the solution. I also had a portfolio 5000$ in january , it decreased to 2000$. but i did not panic.
= wait for the maximum dip of the all coins
=option 1 - you can sell your portfolio and take potential coins. previously i taken ziliqa token.
=option 2 - keep your portfolio as it is.
best thing is option 1 , its better to buy brand new tokens , those did not face 1 st market cycle too.
after 2-4 months, when bull market arrives we can expect a big hype.
I experienced my portfolio ran 2000$ to 10000$
this time also you can wait , and take Pchain, NKN
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