I came across a trader today who mentioned that he hasn't stopped trading even in this period where almost everyone, trader and hodler is trying playing it safe. In our little conversation, one of the statement he used that has stuck to memory and has kept me wondering if I was making the right decision this period playing it safe and not trading was "Real traders don't care about bear or bull market, during times like this is when real traders survive", he also highlighted that a good day trading strategy can still make you profit this season.
-Do you consider this trader correct?
Sincerely, i think everyone cares, every bear market affects both the so called real traders and hodlers alike, the only difference i see here is that professional traders already have enough knowledge and all that is required to keep trading and making money, though the amount of money which can be made during a bear market can never be as much as money made when the market is good.
And another thing is that professional traders also know how to use the condition of the market to their own advantage, that is, whether the market is going up or down, traders who trade futures can always make money from both sides, i guess this is what this trader in your conversation is doing, longing and shorting the market which ever way it goes.
From my own personal perspective, conclusion is that bear market affects everyone, both traders and holders, but some traders who already have enough knowledge also know how to make a bear market work in their favor.