All traders know that crypto are a risky place.. any noob may be a victim of fudders/manipulators and they steal his money for lacking of knowledge
but also You can ride that danger waves and generate nice profits out of it.. that matter if you understand the game and play it professionally
[ trading in bear market ] When the markets are capricious.. there’s money to be made..
- Cup of coffee and read the graph carefully.. to understand the full situation where's the coin located right now/the behaviour in the past/where will go next time
- Don't panic.. and buy when people are selling vice versa.. you need in this point to control your emotion
- buy the bottom don't buy the dips.. that case if you looking for safety trade it's helpful.. plus you will buy in bulk..you can also make good money from the dips / scalping buy for small difference in prices with a not much profits but it works for a long run..[using trade bots] if we calculate it totally
- buy and forget it (hodl) if you think that it worth investing and you had did your researches... So don't worry about your investments even if it continue dumping.. you have to be confidence that it will recovery soon.. if you think you are brave enough to sell and rebuy again cheaper in next dip to be in pure profits from or near to the bottom.. it's a profitable method as you generate profit while you are waiting the bulls to start move the whole market Up
- sun will shin soon after a rainy day.. believe that the market will not be only for bears.. the chart will not be always dressed in Red..
P.s if i had forgot any point to take benefits out from [bear market] feel free to share your thoughts below that post.. i will add it to the post rapidly))
Nice article pal. If you have blog account you may share it there as well. It will be the useful information for the people whoever looking to trade the cryptocurrencies in any trading platform.
Value moniteration and expected growth both will be stay at the same time as you said risk is also involved while you open up the trade St anywhere.