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Topic: How to deal with bear markets (Read 841 times)

legendary
Activity: 2030
Merit: 1189
July 06, 2021, 11:49:11 AM
The best way I found to deal with bear markets is to be extra cautious when it comes to investments, specially new ones, and rather turn to a more knowledge accumulation mode.

Bear markets is typically where an unexperienced trader can lose it all, so it is best to be patient and wait until there's a clear green sign. Meanwhile, building the skills and connections needed for the market is something I tend to focus on more. Nothing can be more important than educating yourself.
jr. member
Activity: 71
Merit: 1
July 06, 2021, 10:33:00 AM
I think I strongly agree. As a trader,once I open a position on the direction,the best thing is to keep off the computer otherwise you may end up being swayed by the crowds. Herd mentality is dangerous when in the market
member
Activity: 636
Merit: 11
July 05, 2021, 10:05:26 PM
bearish market should be another opportunity for us. in crypto market we could make double direction position. In bullish we could open sell and in bearish we could se futures trading feature to open transaction. there is no limitation for earning profits as long as we have good trading sell. Daily trade will be fun for us to earn money.
sr. member
Activity: 2436
Merit: 343
July 05, 2021, 04:54:38 PM
Personally, I really love the bear market, it is difficult to make money on it, there are no new ideas that can push the market forward, everyone is depressed and no one knows what will happen next.
However, it is in such a market that the most profitable opportunities open up in the medium and long term.
Exactly, but please be reminded that still we need to be careful in choosing them as we know that some just dump and never rise again like shitcoins. By choosing coins to buy it is a need to consider not only the price itself but just to a look also if this coin/s has the potentials otherwise you will regret later.
 
Hold and buy more...were selling is optional as for the investors but as a trader, the life continues (buy and sell). It gonna be a difficult situation and risky, and this needs more on TA's rather than having a wild guess.
hero member
Activity: 2716
Merit: 698
Dimon69
July 05, 2021, 04:52:41 PM
Personally, I really love the bear market, it is difficult to make money on it, there are no new ideas that can push the market forward, everyone is depressed and no one knows what will happen next.
However, it is in such a market that the most profitable opportunities open up in the medium and long term.
Only few would love the bear market, those who have money to buy more and those who still able to trade by buying any alts that can possibly earn even in minimal value or who will not mind how long can it takes for profit. Mostly many needs some quality ways to earn when there is bull market as they take profit to help for a living pr to sustain their other investments.
sr. member
Activity: 1313
Merit: 278
July 05, 2021, 04:46:07 PM
Personally, I really love the bear market, it is difficult to make money on it, there are no new ideas that can push the market forward, everyone is depressed and no one knows what will happen next.
However, it is in such a market that the most profitable opportunities open up in the medium and long term.
hero member
Activity: 3010
Merit: 666
July 05, 2021, 03:50:07 PM
I agree with your opinion in many cases and these are very effective.  In a bear market, I always secure my assets by converting them to fiat. This results in a fair amount of total assets and increases the likelihood of making a profit by repurchasing from a low market position. Investors fall into indecision by repeatedly monitoring the market situation when the market is down. In many cases, it is seen that the market goes down a bit and goes up again and is able to achieve big growth. Repeatedly looking at portfolios, many sell their cryptocurrencies, leaving them frustrated when the market grows later. Therefore, investment decisions need to be made by effectively implementing the measures outlined in the downtrend market and be risk-free investment enthusiasts.
the same as what I did, only I cashed it in usdt, so we are on standby to see the market, if the price enters the buying area that we have planned. Even then, I still open another pending order if the market moves back down. In this way I hope to minimize risk and it is possible to get the best price, because we buy gradually

Great strategy, you don't need to invest everything now though the price has already dipped as we might see another dump soon since the market is really struggling. The bull run is over, so most likely the downtrend will continue, just like when you are selling, you also need the patience to buy at the right time.
hero member
Activity: 2408
Merit: 584
July 05, 2021, 05:54:33 AM
I think that the best way to deal with bear markets is to just use futures trading. Idk it's often ignored especially when it gives you the possibility to open a short position and choose desirable leverage up to 100 and more, depending on the exchange and the coin.
Not a bad option, indeed. But the problem and probably the reason why most traders fear futures is because even though the market is bearish and you know it should go down even more, it can always spike higher and you will either need to deposit more to save your position or just watch your funds get liquidated because with 100x you will get liquidated at 1% of the hike, I believe.

When bitcoin started fall after Musk's statement + China's announcement of the mining ban, you could immediately sell your coins and open a short position on futures trading section. I think it's 100x better option than just holding unless you truly support the project or don't care much about maximizing the gains.
That's true but again the point remains, it's risky given the market moves up and down constantly and even during a bearish market, it can swing in either direction. Maybe a 10x is a safer option given the small hikes won't increase the price by 10% when such news is being spread like China banning crypto mining and Musk already causing problems by those energy consumption comments.
sr. member
Activity: 2660
Merit: 339
July 05, 2021, 03:04:55 AM
I agree with your opinion in many cases and these are very effective.  In a bear market, I always secure my assets by converting them to fiat. This results in a fair amount of total assets and increases the likelihood of making a profit by repurchasing from a low market position. Investors fall into indecision by repeatedly monitoring the market situation when the market is down. In many cases, it is seen that the market goes down a bit and goes up again and is able to achieve big growth. Repeatedly looking at portfolios, many sell their cryptocurrencies, leaving them frustrated when the market grows later. Therefore, investment decisions need to be made by effectively implementing the measures outlined in the downtrend market and be risk-free investment enthusiasts.
If you convert your coins into fiat or stable coins during a bear market, it already means you are at loss effectively. You may get a chance to buy them at a later point for even cheaper prices but it may also mean that you ended up selling at the already lowest point because, in crypto, no one can ever predict what's the bottom and peak prices are going to be for bitcoin.

I usually look away from the market when the market is going down or as many call it, a bear market is happening. The best thing like even mentioned in OP is to look away from the market and any applications you have for price monitoring should be neglected at all costs. I don't usually leave funds in exchange for a long time but when the market is down and I know I am not going to sell my coins anytime soon, I usually withdraw them to my trust wallet.
sr. member
Activity: 1344
Merit: 253
July 04, 2021, 10:57:10 PM
I agree with your opinion in many cases and these are very effective.  In a bear market, I always secure my assets by converting them to fiat. This results in a fair amount of total assets and increases the likelihood of making a profit by repurchasing from a low market position. Investors fall into indecision by repeatedly monitoring the market situation when the market is down. In many cases, it is seen that the market goes down a bit and goes up again and is able to achieve big growth. Repeatedly looking at portfolios, many sell their cryptocurrencies, leaving them frustrated when the market grows later. Therefore, investment decisions need to be made by effectively implementing the measures outlined in the downtrend market and be risk-free investment enthusiasts.
the same as what I did, only I cashed it in usdt, so we are on standby to see the market, if the price enters the buying area that we have planned. Even then, I still open another pending order if the market moves back down. In this way I hope to minimize risk and it is possible to get the best price, because we buy gradually
sr. member
Activity: 1694
Merit: 299
July 03, 2021, 12:21:36 PM
I like some points mentioned in OP while I disagree with some.

Secure your crypto
That is something we must do even when the market is bull because no control over your private keys means the coins are not yours yet.

Decide DCA strategy
Agreed. I think during the bear run, we must load as many bitcoins as we possibly can because when the bull run starts it hurts not buying when the market was down.

Uninstall all the crypto price apps
Maybe not a bad idea because overthinking is a problem when we are feeling bad and these notifications the price dropped another 1% only brings more negativity in the mind.

Block all the haters
I don't agree here because these haters are as important as are supporters of the market. I am not saying you should listen to haters but they give some good idea of why the market may go down. Critics are important in almost every sector.

Enjoy life
Yeah, one can spend more time with family when they have nothing much to do and a bear run is concerning them.
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
July 03, 2021, 10:36:01 AM
I think that the best way to deal with bear markets is to just use futures trading. Idk it's often ignored especially when it gives you the possibility to open a short position and choose desirable leverage up to 100 and more, depending on the exchange and the coin.

When bitcoin started fall after Musk's statement + China's announcement of the mining ban, you could immediately sell your coins and open a short position on futures trading section. I think it's 100x better option than just holding unless you truly support the project or don't care much about maximizing the gains.
full member
Activity: 1610
Merit: 102
July 03, 2021, 10:01:02 AM
I agree with your opinion in many cases and these are very effective.  In a bear market, I always secure my assets by converting them to fiat. This results in a fair amount of total assets and increases the likelihood of making a profit by repurchasing from a low market position. Investors fall into indecision by repeatedly monitoring the market situation when the market is down. In many cases, it is seen that the market goes down a bit and goes up again and is able to achieve big growth. Repeatedly looking at portfolios, many sell their cryptocurrencies, leaving them frustrated when the market grows later. Therefore, investment decisions need to be made by effectively implementing the measures outlined in the downtrend market and be risk-free investment enthusiasts.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
July 03, 2021, 09:37:19 AM
To deal with the bear market is a little bit challenging compared when dealing with the bull market. It is some times our patience has to be tested for its limitation and more often we breach our plan about holding. Impatient people more often to sell coz in their mind is full of negativity.

To keep calm and forget about the market which I think will works from getting into the temptation of selling. I did this before but honestly, it is really hard for the reason that we made ourselves being updated to the current market situation. But if we truly committed ourselves to hold, we surely overcome the market stress.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
July 03, 2021, 08:37:16 AM
Traders themselves are also a really different kind of animal too and I've experienced them before crypto, forex especially. They don't think or like long term:)
for those who have understood forex trading before, of course not too surprised by the bitcoin market, at least both have differences in their fluctuations, in bitcoin trading high fluctuations can provide big profits in the short term, and that means the risk is also directly proportional. but for me when the market is bearish like this it is better to start investing in several prices

Well, I was just referring to the mentality of those kind of flash traders that absolutely cannot think long term. For them, a long period is a month! They prefer seconds, minutes, so they love the volatility of forex during news breaks and events, and that's exactly what attracts that type of person to crypto, even crazier fluctuations at many more times the magnitude.

And often, not even really down to any type of news or event!
hero member
Activity: 3052
Merit: 685
July 03, 2021, 08:34:58 AM
I generally decide to tie down my resources by changing them over to fiat or some steady coin. What's more, to dissipate the questions or frenzy that hit, possibly requiring a couple of days holiday will make us new. Presently I just trust news that spread in this gathering since individuals who spread the word in this discussion are more acquainted with cryptographic money world dissimilar to individuals in instagram who just looking for consideration and adherent.

We will read more accurate news and prediction in the forum, it's a discussion of traders and investors, we are sharing our honest and personal views and experience here and we are lucky our community has a lot of experts who are never tired of sharing their ideas about the current situation and it's future effect.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
July 03, 2021, 02:29:44 AM
In this unpredictable situation, the only way to handle this is to always look for an opportunity.
Buy during the dip, people are saying that and this is the right time. We are not going to expect another $4k for BTC, $200 for ETH, maybe we just die waiting for it.


That all it means that we made a decision to adjust, not by sending complaints because we don't understand the situation. If that will be the case, we're not dealing with any high risk anymore which supposed a thing that is gonna be happening in crypto.
If can barely understand the market trend, we're not winning but we just put ourselves to a big question WHY this gonna happen. Or else, we are stepping away from here and look for another. That is why crypto investment isn't for everyone and this is only for those who would like to adjust and care to understand the behavior of the market.

It's for soemone who are willing to take the risk from the opportunities that this venue of investment is offering, not all can
do and see how the money is being sucked,

But to those who see this as chances to buy more and wait till the market bounce back, they are the one who really gained the
benefits out from this market.
Some people are seeing this a chance but wonder why they just quit after suffering losses? For me, this is not a matter of chance but this for those who are willing to take risks and wanted to improve their life.  I know that not all meant for here and I don't encourage people to make an investment if in their minds are full of negativity.

full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
July 02, 2021, 11:54:14 PM


 

3) Uninstall all the crypto price apps - During a bear market the worst thing you can do is regularly check the prices. You can be having the best day of your life and one look at the price will ruin it for you. Uninstall those price alerts and try to avoid checking the price.
This is one that i support mate , I keep on Deleting or uninstalling the price apps when bear comes to market .

i also wanted to Stay away from price monitoring because this will lure me to panicking .
Quote

4) Avoid crypto twitter - CT is worst place to be during a bear market. Everyone bashes each other and the memes are not as funny when the price is tanking. Overall its a sad place to be during a bear market and it will negatively impact your mood.
Suck twitter .. this is the shittest place to check..


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5) Block all the haters - We all have a few people who can't stand to see us happy. It could be a "friend", a family member or even an ex. Block these people and don't give them the opportunity to laugh in your face during heavy sell-off.



I already did mate and thanks for reminding me that i also need to block some now as they are active sending fud in this market.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
July 02, 2021, 09:56:49 PM
I have a way of seeing the market in two ways:

1.- Buy cheap and wait for the price to rise (when BTC rises, most alts do) if so, the gains are very large.

2.- Go to the Stock Market and wait for the best moment to go Short and win with the fall.

Both procedures are very good for those who obviously do not have fearful thoughts and who are more daring, also that if they are accompanied by going short with leverage it would be a greater profit, but with much more risk, in this way I see a bear market and that I can get a lot out of it.

The advantage that exists in this case is that in a relatively bearish market, those people who make their operations with leverage their fees are lower or even in some exchanges they do not charge, on the other hand, if a leverage is put in LONG the fees are more expensive and also the movements in LONG usually take longer to occur.
hero member
Activity: 2828
Merit: 518
July 02, 2021, 06:35:08 PM

A market would really have bear and bull market or trend because lacking one of these things would simply shows up that you arent dealing with a legit market.
There would always comes a time on where market turns out to be red or simply the price are on the floor and later on it would make out some significant movement
which would result into change of trend which is from bearish to bullish or bullish to bearish and this is where traders do make money out of those movements because
you cant really make one if there would be no movement at all.So get used to it and on how this market works.Your primary aim or goal is to make profits no matter
what the trend is.
That all it means that we made a decision to adjust, not by sending complaints because we don't understand the situation. If that will be the case, we're not dealing with any high risk anymore which supposed a thing that is gonna be happening in crypto.
If can barely understand the market trend, we're not winning but we just put ourselves to a big question WHY this gonna happen. Or else, we are stepping away from here and look for another. That is why crypto investment isn't for everyone and this is only for those who would like to adjust and care to understand the behavior of the market.
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